Asia-Pacific Nut-Based Milk Market Size, Share and Trends Analysis Report – Industry Overview and Forecast to 2033

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Asia-Pacific Nut-Based Milk Market Size, Share and Trends Analysis Report – Industry Overview and Forecast to 2033

  • Food & Beverage
  • May 2021
  • Asia-Pacific
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Author : Pawan Gusain

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Asia Pacific Nut Based Milk Market

Market Size in USD Billion

CAGR :  % Diagram

Bar chart comparing the Asia Pacific Nut Based Milk Market size in 2025 - 9.87 and 2033 - 56.60, highlighting the projected market growth. USD 9.87 Billion USD 56.60 Billion 2025 2033
Diagram Forecast Period
2026 –2033
Diagram Market Size (Base Year)
USD 9.87 Billion
Diagram Market Size (Forecast Year)
USD 56.60 Billion
Diagram CAGR
%
Diagram Major Markets Players
  • BLUE DIAMOND GROWERS
  • Danone
  • Califia Farm LLC
  • Hain Celestial

Asia-Pacific Nut-Based Milk Market Segmentation, By Type (Flavored and Unflavored), Product Type (Soy Milk, Almond Milk, Coconut Milk, Rice Milk, Oat Milk, Hemp Milk, Cashew Milk, Walnut Milk, and Hazelnut Milk), Form Type (Powder and Liquid), End Use (Food and Beverages, Nutraceuticals, Baby Food, and Personal Care), Distribution Channel (Supermarket and Hypermarket, Convenience Stores, Foodservice, Specialty Retail Stores, and Online Retails) - Industry Trends and Forecast to 2033

Asia-Pacific Nut-Based Milk Market

What is the Asia-Pacific Nut-Based Milk Market Size and Growth Rate?

  • The Asia-Pacific nut-based milk market size was valued at USD 9.87 billion in 2025 and is expected to reach USD 56.60 billion by 2033, at a CAGR of24.4% during the forecast period
  • The major growing factor towards Asia-Pacific nut-based milk market is the easy availability and promotion of plant-based or cereal alternatives when compared to traditional dairy products
  • Furthermore, the rise in awareness for health consciousness amongst consumers, lactose intolerance and the rapid shift in the inclination for vegan diets are also expected to heighten the overall demand for Asia-Pacific nut-based milk market

What are the Major Takeaways of Nut-Based Milk Market?

  • Rise in the demand for plant-based food products, veganism and large number of health-conscious consumers are also expected to serve as foremost drivers for the Asia-Pacific nut-based milk market at a regional level
  • In addition, the rise in the concerns with weight management, emphasis on weight loss and maintenance as well as the importance on the blood sugar spike control are also lifting the growth of the Asia-Pacific nut-based milk market
  • China dominated the Asia-Pacific nut-based milk market with a 35.6% revenue share in 2025, supported by strong domestic production of almond, walnut, and hazelnut-based milks, growing adoption in the food processing and personal care sectors, and expanding exports
  • India is projected to witness the fastest CAGR of 8.4% from 2026 to 2033, fueled by increasing consumption of almond, macadamia, and cashew-based milks in culinary, personal care, and nutraceutical applications
  • The Unflavored segment dominated the market with a revenue share of 62.1% in 2025, owing to its versatility for culinary applications, smoothies, and coffee or tea beverages

Report Scope and Nut-Based Milk Market Segmentation        

Attributes

Nut-Based Milk Key Market Insights

Segments Covered

  • By Type: Flavored and Unflavored
  • By Product Type: Soy Milk, Almond Milk, Coconut Milk, Rice Milk, Oat Milk, Hemp Milk, Cashew Milk, Walnut Milk, and Hazelnut Milk
  • By Form Type: Powder and Liquid
  • By End Use: Food and Beverages, Nutraceuticals, Baby Food, and Personal Care
  • By Distribution Channel: Supermarket and Hypermarket, Convenience Stores, Foodservice, Specialty Retail Stores, and Online Retails

Countries Covered

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Australia
  • Thailand
  • Indonesia
  • Philippines
  • Rest of Asia-Pacific  

Key Market Players

Market Opportunities

  • Rise in Vegan Population
  • Rise in the Research and Development Activities

Value Added Data Infosets

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.

What is the Key Trend in the Nut-Based Milk Market?

Rising Demand for Sustainable and Premium Nut-Based Milk Products”

  • The Nut-Based Milk market is witnessing a significant trend of increasing adoption of plant-based, nutrient-rich, and sustainable milks derived from almonds, cashews, walnuts, and macadamia, driven by growing consumer preference for health, wellness, and clean-label products across North America and Europe
  • For instance, companies such as Wilmar International, ADM, and Cargill are expanding their portfolios of organic, cold-pressed, and fortified Nut-Based Milks to cater to consumers seeking heart-healthy and plant-based alternatives
  • Rising consumer preference for functional nut-based milks enriched with vitamins, omega fatty acids, and antioxidants is accelerating market adoption
  • Manufacturers are leveraging advanced extraction technologies such as cold-pressing, high-pressure processing, and solvent-free methods to enhance yield, nutrient retention, and shelf life
  • Increased R&D in flavor enhancement, nutrient stability, and eco-friendly packaging solutions is driving product innovation and differentiation
  • As consumers continue prioritizing wellness, sustainability, and premium quality, Nut-Based Milks are expected to remain a central focus in the global plant-based beverage segment

What are the Key Drivers of Nut-Based Milk Market?

  • Growing consumer focus on heart health, immunity, and plant-based nutrition remains a primary driver for market growth
  • For instance, in 2025, Wilmar International and Cargill launched fortified and premium cold-pressed Nut-Based Milks targeting health-conscious consumers globally
  • Increasing awareness of non-GMO, organic, and clean-label nut milks is driving adoption in North America, Europe, and Asia-Pacific
  • Technological improvements in extraction, filtration, and nutrient preservation are enhancing product quality and consumer appeal
  • Rising implementation of sustainable sourcing, traceability systems, and recyclable packaging is reinforcing market growth
  • With ongoing investment in R&D, functional product development, and consumer education, the Nut-Based Milk market is expected to maintain robust growth momentum over the coming years

Which Factor is Challenging the Growth of the Nut-Based Milk Market?

  • High production costs associated with premium nuts, cold-press extraction, and quality testing limit affordability, particularly in price-sensitive markets

  • For instance, during 2024–2025, fluctuations in nut raw material prices, energy costs, and sustainable packaging components affected production and pricing for leading players
  • Regulatory requirements for food safety, labeling, and organic certification increase operational complexity and compliance costs
  • Limited consumer awareness in emerging markets regarding premium and functional Nut-Based Milks restricts mass adoption
  • Competition from traditional dairy, blended plant-based milks, and low-cost alternatives creates pricing pressure and affects market penetration
  • To overcome these challenges, companies are focusing on sustainable sourcing, cost-efficient extraction technologies, fortified product lines, and educational campaigns to deliver high-quality, nutritious, and premium Nut-Based Milk offerings

How is the Nut-Based Milk Market Segmented?

The market is segmented on the basis of type, product type, form type, end use, and distribution channel.

  • By Type

On the basis of type, the Nut-Based Milk market is segmented into Flavored and Unflavored variants. The Unflavored segment dominated the market with a revenue share of 62.1% in 2025, owing to its versatility for culinary applications, smoothies, and coffee or tea beverages. Consumers prefer unflavored nut milks as a neutral base for blending, which enhances adoption in both household and foodservice segments.

The Flavored segment is projected to grow at the fastest CAGR from 2026 to 2033, driven by rising demand for variety, such as chocolate, vanilla, and seasonal flavors, particularly among millennials and Gen Z consumers seeking taste innovation. Increasing R&D in natural flavor infusions and fortified flavored nut milks is also expected to accelerate market expansion globally.

  • By Product Type

Based on product type, the market is segmented into Soy Milk, Almond Milk, Coconut Milk, Rice Milk, Oat Milk, Hemp Milk, Cashew Milk, Walnut Milk, and Hazelnut Milk. Almond Milk dominated the market with a revenue share of 35.7% in 2025, due to its wide availability, nutritional profile, and strong consumer recognition. It is extensively used in beverages, cooking, and plant-based dairy alternatives.

The Oat Milk segment is projected to grow at the fastest CAGR from 2026 to 2033, fueled by increasing consumer awareness of sustainability, lactose intolerance solutions, and demand for creamy texture in coffee and culinary applications. Expanding retail penetration, online availability, and innovative oat-based product launches are expected to drive strong adoption in North America and Europe.

  • By Form Type

On the basis of form type, the Nut-Based Milk market is categorized into Powder and Liquid. The Liquid segment dominated the market with a revenue share of 68.3% in 2025, owing to its convenience, ready-to-drink format, and popularity in beverages, coffee shops, and foodservice. Consumers prefer liquid nut milks for direct consumption and integration into recipes without preparation.

The Powder segment is projected to grow at the fastest CAGR from 2026 to 2033, driven by increasing demand for long shelf-life products, portability, and flexibility in customizing beverage concentrations. Powdered nut milks also cater to nutraceuticals, travel, and emerging e-commerce subscription models, enhancing their adoption globally.

  • By End Use

Based on end use, the market is segmented into Food and Beverages, Nutraceuticals, Baby Food, and Personal Care. The Food and Beverages segment dominated with a 57.4% revenue share in 2025, supported by strong adoption in smoothies, coffee, breakfast cereals, and plant-based dairy alternatives. The growing trend of functional beverages and healthy snacking further reinforces its leadership.

The Nutraceuticals segment is projected to grow at the fastest CAGR from 2026 to 2033, fueled by increasing consumer focus on immunity, heart health, and fortified beverages. Nut-Based Milks are being incorporated in protein shakes, functional drinks, and dietary supplements, driving adoption in health-conscious and aging populations globally.

  • By Distribution Channel

On the basis of distribution channel, the Nut-Based Milk market is segmented into Supermarket and Hypermarket, Convenience Stores, Foodservice, Specialty Retail Stores, and Online Retailers. The Supermarket and Hypermarket segment dominated the market with a revenue share of 52.6% in 2025, due to wide product availability, competitive pricing, and consumer convenience.

The Online Retailers segment is projected to grow at the fastest CAGR from 2026 to 2033, driven by e-commerce growth, direct-to-consumer subscriptions, and rising demand for premium, organic, and specialty nut-based milk products. Increasing digital marketing initiatives, home delivery options, and platform partnerships are expected to significantly enhance online sales globally.

Which Region Holds the Largest Share of the Nut-Based Milk Market?

  • China dominated the Asia-Pacific nut-based milk market with a 35.6% revenue share in 2025, supported by strong domestic production of almond, walnut, and hazelnut-based milks, growing adoption in the food processing and personal care sectors, and expanding exports
  • Rising health consciousness, preference for plant-based and organic oils, and increasing investment in modern processing facilities drive market leadership, while urbanization and rising disposable incomes further accelerate adoption.

India Nut-Based Milk Market Insight

India is projected to witness the fastest CAGR of 8.4% from 2026 to 2033, fueled by increasing consumption of almond, macadamia, and cashew-based milks in culinary, personal care, and nutraceutical applications. Growing awareness about health benefits, expanding retail and e-commerce channels, and adoption of organic and sustainable products support growth. Government initiatives promoting nut cultivation and small-scale extraction enterprises further stimulate market expansion, making India a key contributor in the Asia-Pacific region.

Japan Nut-Based Milk Market Insight

Japan contributes steadily to regional growth, driven by high demand for premium nut-based milks such as walnut, macadamia, and hazelnut in food, cosmetics, and personal care products. Consumers increasingly prefer organic, cold-pressed, and plant-based options, while companies invest in value-added formulations, innovative packaging, and premium offerings to meet evolving consumer expectations.

Indonesia Nut-Based Milk Market Insight

Indonesia is growing steadily as a regional contributor, supported by adoption of locally processed and imported nut-based milks in culinary, cosmetic, and aromatherapy sectors. Rising health-conscious behavior, expansion of modern retail, and growing e-commerce penetration further support market growth, making Indonesia an important regional market.

Vietnam Nut-Based Milk Market Insight

Vietnam is emerging as a key market in the Asia-Pacific region, with increasing demand for almond, macadamia, and pistachio-based milks in food processing, personal care, and nutraceutical applications. Investments in processing infrastructure, awareness of functional and organic products, and a growing urban population contribute to sustained growth, strengthening Vietnam’s position in the regional market.

Which are the Top Companies in Nut-Based Milk Market?

The nut-based milk industry is primarily led by well-established companies, including:

  • BLUE DIAMOND GROWERS (U.S.)
  • Danone (France)
  • Califia Farm, LLC (U.S.)
  • Hain Celestial (U.S.)
  • Pureharvest (Australia)
  • Epigamia (India)
  • Life Health Foods India Private Limited (India)
  • Sanitarium (Australia)
  • Bonsoy Beverage Co. (Australia)
  • FREEDOM FOODS GROUP LIMITED (Australia)
  • Bickford's Australia (Australia)
  • Vitasoy International Holdings Limited (Hong Kong)

What are the Recent Developments in Asia-Pacific Nut-Based Milk Market?

  • In September 2022, Hershey India launched Sofit Plus, a plant protein-fortified drink developed under its ‘Nourishing Minds’ initiative in collaboration with IIT-Bombay and Sion Hospital, aiming to address the nutritional needs of underprivileged children. This launch highlights Hershey India’s commitment to social responsibility and child nutrition
  • In September 2022, Vitasoy introduced the Plant+ range of plant-based milks, including almond and oat milk varieties featuring zero cholesterol, low sugar, and high calcium content, to provide healthier beverage options for consumers. This launch reinforces Vitasoy’s focus on nutritious, plant-based alternatives
  • In September 2022, Vitasoy rolled out its Plant+ plant-based milk range in the Singaporean market, offering almond, oat, and soy milk variants with high calcium, low sugar, and zero cholesterol. This market expansion underscores Vitasoy’s strategy to increase accessibility of healthy plant-based beverages in Asia


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Asia Pacific Nut Based Milk Market, Supply Chain Analysis and Ecosystem Framework

To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Asia Pacific Nut Based Milk Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Asia Pacific Nut Based Milk Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.

Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Frequently Asked Questions

The Asia-Pacific nut-based milk market size was valued at USD 9.87 billion in 2025.
The Asia-Pacific nut-based milk market is to grow at a CAGR of24.4% during the forecast period of 2025 to 2033.
The Asia-Pacific nut-based milk market is segmented on the basis of type, product type, form type, end use and distribution channel. On the basis of type, the Asia-Pacific nut-based milk market has been segmented into flavored and unflavored. Based on product type, the Asia-Pacific nut-based milk market has been segmented into soy milk, almond milk, coconut milk, rice milk, oat milk, hemp milk, cashew milk, walnut milk and hazelnut milk. On the basis of form type, the Asia-Pacific nut-based milk market has been segmented into powder and liquid. Based on end use, the Asia-Pacific nut-based milk market has been segmented into food and beverages, nutraceuticals, baby food and personal care. The distribution channel segment of the Asia-Pacific nut-based milk market has been segmented into supermarket and hypermarket, convenience stores, foodservice, specialty retail stores and online retails.
Companies such as BLUE DIAMOND GROWERS (U.S.), Danone (France), Califia Farm, LLC (U.S.), and Hain Celestial (U.S.), are major players in nut-based milk market.
In September 2022, Hershey India launched Sofit Plus, a plant protein-fortified drink developed under its ‘Nourishing Minds’ initiative in collaboration with IIT-Bombay and Sion Hospital.
The countries covered in the nut-based milk market are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific.
China dominated the Asia-Pacific nut-based milk market with a 35.6% revenue share in 2025, supported by strong domestic production of almond, walnut, and hazelnut-based milks, growing adoption in the food processing and personal care sectors, and expanding exports.
India is projected to witness the fastest CAGR of 8.4% from 2026 to 2033, fueled by increasing consumption of almond, macadamia, and cashew-based milks in culinary, personal care, and nutraceutical applications.
The nut-based milk market is witnessing a significant trend of increasing adoption of plant-based, nutrient-rich, and sustainable milks derived from almonds, cashews, walnuts, and macadamia.
High production costs associated with premium nuts, cold-press extraction, and quality testing limit affordability, particularly in price-sensitive markets.

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