Global Almond Milk Market, By Category (Conventional, Organic), Type (Original Almond Milk, Vanilla Almond Milk, Non-Dairy Almond Milk), Formulation (Plain Sweetened, Plain Unsweetened, Flavoured Sweetened, Flavoured Unsweetened), Packaging Type (Bottles, Cans, Cartons), Application (Beverages, Frozen Desserts, Personal Care, Others), Packaging Type (Bottles, Cans, Cartons), Distribution Channel (Store-Based, Non-Store-Based), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Almond Milk Market
The almond milk market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the almond milk market to exhibit a CAGR of 14.0% for the forecast period of 2022-2029.
Almond milk is a basically a plant milk that is produced from almonds and is made by blending almonds and mixes it with water and then strain the mixture to remove solid content. It generally provides a creamy texture and nutty flavour as it is a nutritious milk with many health benefits and rich in calcium and vitamins.
The factors such as the increasing awareness regarding good health and low cholesterol product among vegan consumers, rising number of patients suffering from lactose intolerance and the surging demand of low calorie nutritious milk are the major factors fostering the growth of the almond milk market. Additionally, the rising inclination towards plant based products are other important factors acting as almond milk market growth determinants. Moreover, the increasing demand of flavored almond milk are estimated to accelerate the overall growth of the market. However, the rising cost of almonds is supposed to hamper the market’s growth. Moreover, the dearth of awareness about the health benefit of the almond milk among population might hinder overall growth of the market.
The rising need of almond milk in confectionery and bakery products coupled with the surge in demand for organic snacks will further generate various profitable opportunities for the almond milk market. However, the contamination of almond milk by aflatoxin might also pose as a major challenge for the market growth rate as it disrupted the production and supply within the market.
This almond milk market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on almond milk market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Almond Milk Market Scope and Market Size
The almond milk market is segmented on the basis of category, type, formulation, application, packaging type and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of category, the almond milk market is segmented into organic and conventional.
- On the basis of type, the almond milk market is segmented into original almond milk, vanilla almond milk and non-dairy almond milk.
- On the basis of the formulation, the almond milk market is segmented into plain sweetened, plain unsweetened, flavoured sweetened and flavoured unsweetened.
- The almond milk market is also segmented on the basis of application. The application is segmented into beverages, frozen desserts, personal care and others.
- Based on packaging type, the almond milk is segmented into bottles, cans and cartons.
- On the basis of distribution channel, the almond milk is segmented into store-based and non-store-based. Store based has been further segmented into hypermarkets & supermarkets, convenience stores and others.
Almond Milk Market Country Level Analysis
The almond milk market is analyses and market size, volume information is provided by category, type, formulation, application, packaging type and distribution channel as referenced above.
The countries covered in the almond milk market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America region dominates the almond milk market and will continue to flourish its trend of dominance during the forecast period owing to the increasing number of people suffering from lactose intolerance are shifting their preferences towards almond milk within the region. Asia-Pacific, on the other hand is expected to show lucrative growth due to growing demand of almonds by manufacturers of almond milk and evolution of dairy alternative technology in the region.
The country section of the almond milk market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Almond Milk Market Share Analysis
The almond milk market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to almond milk market.
Some of the major players operating in the almond milk market report are Daiya Foods Inc., Danone North America Public Benefit Corporation, SunOpta, Blue Diamond Growers, Tofutti Brands, Inc., Califia Farms LLC., Earth’s Own, Hiland Dairy, Ecomil, PACIFIC FOODS OF OREGON, LLC., Pure Harvest Smart Farms, Ltd., MALK ORGANICS., Galaxy Nutritional Foods, Inc., Natura Foods, Elmhurst Milked Direct LLC, Rude Health, Orgain, Inc., New Barn Organics, Alpro, and Sanitarium among others.
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Table of Content
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF GLOBAL ALMOND MILK MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATION
1.6 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 KEY TAKEAWAYS
2.2 ARRIVING AT THE GLOBAL ALMOND MILK MARKETSIZE
2.2.1 VENDOR POSITIONING GRID
2.2.2 TECHNOLOGY LIFE LINE CURVE
2.2.3 MARKET GUIDE
2.2.4 COMPANY POSITIONING GRID
2.2.5 COMAPANY MARKET SHARE ANALYSIS
2.2.6 MULTIVARIATE MODELLING
2.2.7 DEMAND AND SUPPLY-SIDE VARIABLES
2.2.8 TOP TO BOTTOM ANALYSIS
2.2.9 STANDARDS OF MEASUREMENT
2.2.10 VENDOR SHARE ANALYSIS
2.2.11 DATA POINTS FROM KEY PRIMARY INTERVIEWS
2.2.12 DATA POINTS FROM KEY SECONDARY DATABASES
2.3 GLOBAL ALMOND MILK MARKET: RESEARCH SNAPSHOT
2.4 ASSUMPTIONS
3 MARKET OVERVIEW
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 CHALLENGES
4 EXECUTIVE SUMMARY
5 PREMIUM INSIGHTS
5.1 SUPPLY CHAIN ANALYSIS
5.2 FACTORS INFLUENCING PURCHASING DECISION
5.3 INDUTRY TRENDS AND FUTURE PERSPECTIVES
5.4 SHOPPING BEHAVIOUR AND DYNAMICS
5.4.1 RECOMMENDATION FROM FAMILY & FRIENDS
5.4.2 RESEARCH
5.4.3 IMPULSIVE
5.4.4 ADVERTISEMENT
5.4.4.1. TTELEVISION ADVERTISEMENT
5.4.4.2. OONLINE ADVERTISEMENT
5.4.4.3. IIN-STORE ADVERTISEMENT
5.4.4.4. OOUTDOOR ADVERTISEMENT
5.5 PRIVATE LABEL VS BRAND ANALYSIS
5.6 PROMOTIONAL ACTIVITIES
5.7 CONSUMER DISPOSABLE INCOME DYNAMICS/SPEND DYNAMICS
5.8 NEW PRODUCT LAUNCH STRATEGY
5.8.1 NUMBER OF NEW PRODUCT LAUNCH
5.8.1.1. LLINE EXTENSTION
5.8.1.2. NNEW PACKAGING
5.8.1.3. RRE-LAUNCHED
5.8.1.4. NNEW FORMULATION
5.9 CONSUMER LEVEL TRENDS
5.1 MEETING CONSUMER REQUIREMENT
5.11 BRAND COMAPARATIVE ANALYSIS
6 REGULATIONS, CERTIFICATION AND LABELLING CLAIMS
7 GLOBAL ALMOND MILK MARKET, BY PRODUCT TYPE
7.1 OVERVIEW
7.2 REFRIGERATED MILK
7.3 SHELF STABLE MILK
8 GLOBAL ALMOND MILK MARKET, BY CATEGORY
8.1 OVERVIEW
8.2 ORGANIC
8.3 CONVENTIONAL
9 GLOBAL ALMOND MILK MARKET, BY FORMULATION
9.1 OVERVIEW
9.2 SWEETENED
9.3 UNSWEETENED
10 GLOBAL ALMOND MILK MARKET, BY FLAVOR
10.1 OVERVIEW
10.2 ORIGINAL/UNFLAVORED
10.3 FLAVORED
10.3.1 FLAVORED, BY TYPE
10.3.1.1. VANILLA
10.3.1.2. CHOCOLATE
10.3.1.3. HONEY
10.3.1.4. COCONUT BLEND
10.3.1.5. HAZELNUT BLEND
10.3.1.6. CARAMEL
10.3.1.7. MAPLE
10.3.1.8. COFFEE
10.3.1.9. OTHERS
11 GLOBAL ALMOND MILK MARKET, BY FORTIFICATION
11.1 OVERVIEW
11.2 REGULAR
11.3 FORTIFIED
12 GLOBAL ALMOND MILK MARKET, BY NATURE
12.1 OVERVIEW
12.2 GMO
12.3 NON-GMO
13 GLOBAL ALMOND MILK MARKET, BY CLAIM
13.1 OVERVIEW
13.2 GLUTEN FREE
13.3 NUT FREE
13.4 SOY FREE
13.5 ARTIFICIAL PRESERAVTIVES & COLOR FREE
13.6 WITH ALL ABOVE CLAIMS
13.7 NO CLAIMS/REGULAR
13.8 OTHERS
14 GLOBAL ALMOND MILK MARKET, BY PACKAGING SIZE
14.1 OVERVIEW
14.2 LESS THAN 100 ML
14.3 110 ML
14.4 250 ML
14.5 500 ML
14.6 1000 ML
14.7 MORE THAN 1000 ML
15 GLOBAL ALMOND MILK MARKET, BY END USERS
15.1 OVERVIEW
15.2 HOUSEHOLD/RETAIL
15.3 FOOD SERVICE INDUSTRY
16 GLOBAL ALMOND MILK MARKET, BY PACKAGING TYPE
16.1 OVERVIEW
16.2 TETRA PACKS
16.3 BOTTLES
16.3.1 GLASS
16.3.2 T PLASTICS
16.3.3 OTHERS
16.4 CAN
17 GLOBAL ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL
17.1 OVERVIEW
17.2 STORE BASED RETAILERS
17.2.1 SUPERMARKETS/HYPERMARKETS
17.2.2 GROCERY STORES
17.2.3 CONVENIENCE STORES
17.2.4 SPECIALITY STORES
17.2.5 OTHERS
17.3 NON-STORE RETAILERS
17.3.1 ONLINE RETAILERS
17.3.2 COMPANY WEBSITES
17.3.3 VENDING
18 GLOBAL ALMOND MILK MARKET, COMPANY LANDSCAPE
18.1 COMPANY SHARE ANALYSIS: GLOBAL
18.2 COMPANY SHARE ANALYSIS: NORTH AMERICA
18.3 COMPANY SHARE ANALYSIS: EUROPE
18.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC
18.5 MERGERS & ACQUISITIONS
18.6 NEW PRODUCT DEVELOPMENT & APPROVALS
18.7 EXPANSIONS & PARTNERSHIP
18.8 REGULATORY CHANGES
19 GLOBAL ALMOND MILK MARKET, BY GEOGRAPHY
OVERVIEW (ALL SEGMENTATION PROVIDED ABOVE IS REPRESNTED IN THIS CHAPTER BY COUNTRY)
19.1 NORTH AMERICA
19.1.1 U.S.
19.1.2 CANADA
19.1.3 MEXICO
19.2 EUROPE
19.2.1 GERMANY
19.2.2 U.K.
19.2.3 ITALY
19.2.4 FRANCE
19.2.5 SPAIN
19.2.6 SWITZERLAND
19.2.7 NETHERLANDS
19.2.8 BELGIUM
19.2.9 RUSSIA
19.2.10 TURKEY
19.2.11 REST OF EUROPE
19.3 ASIA-PACIFIC
19.3.1 JAPAN
19.3.2 CHINA
19.3.3 SOUTH KOREA
19.3.4 INDIA
19.3.5 AUSTRALIA
19.3.6 SINGAPORE
19.3.7 THAILAND
19.3.8 INDONESIA
19.3.9 MALAYSIA
19.3.10 PHILIPPINES
19.3.11 REST OF ASIA-PACIFIC
19.4 SOUTH AMERICA
19.4.1 BRAZIL
19.4.2 ARGENTINA
19.4.3 REST OF SOUTH AMERICA
19.5 MIDDLE EAST AND AFRICA
19.5.1 SOUTH AFRICA
19.5.2 UAE
19.5.3 SAUDI ARABIA
19.5.4 KUWAIT
19.5.5 REST OF MIDDLE EAST AND AFRICA
20 GLOBAL ALMOND MILK MARKET, SWOT & DBMR ANALYSIS
21 GLOBAL ALMOND MILK MARKET, COMPANY PROFILE
21.1 DANONE
21.1.1 COMPANY OVERVIEW
21.1.2 REVENUE ANALYSIS
21.1.3 GEOGRAPHICAL PRESENCE
21.1.4 PRODUCT PORTFOLIO
21.1.5 RECENT DEVELOPMENTS
22 SANITARIUM HEALTH FOOD COMPANY
22.1.1 COMPANY OVERVIEW
22.1.2 REVENUE ANALYSIS
22.1.3 GEOGRAPHICAL PRESENCE
22.1.4 PRODUCT PORTFOLIO
22.1.5 RECENT DEVELOPMENTS
22.2 ALPRO
22.2.1 COMPANY OVERVIEW
22.2.2 REVENUE ANALYSIS
22.2.3 GEOGRAPHICAL PRESENCE
22.2.4 PRODUCT PORTFOLIO
22.2.5 RECENT DEVELOPMENTS
22.3 RUDE HEALTH
22.3.1 COMPANY OVERVIEW
22.3.2 REVENUE ANALYSIS
22.3.3 GEOGRAPHICAL PRESENCE
22.3.4 PRODUCT PORTFOLIO
22.3.5 RECENT DEVELOPMENTS
22.4 PLENISH
22.4.1 COMPANY OVERVIEW
22.4.2 REVENUE ANALYSIS
22.4.3 GEOGRAPHICAL PRESENCE
22.4.4 PRODUCT PORTFOLIO
22.4.5 RECENT DEVELOPMENTS
22.5 PROVAMEL
22.5.1 COMPANY OVERVIEW
22.5.2 REVENUE ANALYSIS
22.5.3 GEOGRAPHICAL PRESENCE
22.5.4 PRODUCT PORTFOLIO
22.5.5 RECENT DEVELOPMENTS
22.6 HAIN CELESTIAL
22.6.1 COMPANY OVERVIEW
22.6.2 REVENUE ANALYSIS
22.6.3 GEOGRAPHICAL PRESENCE
22.6.4 PRODUCT PORTFOLIO
22.6.5 RECENT DEVELOPMENTS
22.7 DREAM
22.7.1 COMPANY OVERVIEW
22.7.2 REVENUE ANALYSIS
22.7.3 GEOGRAPHICAL PRESENCE
22.7.4 PRODUCT PORTFOLIO
22.7.5 RECENT DEVELOPMENTS
22.8 MORRISONS
22.8.1 COMPANY OVERVIEW
22.8.2 REVENUE ANALYSIS
22.8.3 GEOGRAPHICAL PRESENCE
22.8.4 PRODUCT PORTFOLIO
22.8.5 RECENT DEVELOPMENTS
22.9 ASDA
22.9.1 COMPANY OVERVIEW
22.9.2 REVENUE ANALYSIS
22.9.3 GEOGRAPHICAL PRESENCE
22.9.4 PRODUCT PORTFOLIO
22.9.5 RECENT DEVELOPMENTS
22.1 WAITROSE & PARTNERS
22.10.1 COMPANY OVERVIEW
22.10.2 REVENUE ANALYSIS
22.10.3 GEOGRAPHICAL PRESENCE
22.10.4 PRODUCT PORTFOLIO
22.10.5 RECENT DEVELOPMENTS
22.11 VALSOIA S.P.A.
22.11.1 COMPANY OVERVIEW
22.11.2 REVENUE ANALYSIS
22.11.3 GEOGRAPHICAL PRESENCE
22.11.4 PRODUCT PORTFOLIO
22.11.5 RECENT DEVELOPMENTS
22.12 SIMPLE FOODS CO., LTD.
22.12.1 COMPANY OVERVIEW
22.12.2 REVENUE ANALYSIS
22.12.3 GEOGRAPHICAL PRESENCE
22.12.4 PRODUCT PORTFOLIO
22.12.5 RECENT DEVELOPMENTS
22.13 YEO'S
22.13.1 COMPANY OVERVIEW
22.13.2 REVENUE ANALYSIS
22.13.3 GEOGRAPHICAL PRESENCE
22.13.4 PRODUCT PORTFOLIO
22.13.5 RECENT DEVELOPMENTS
22.14 NATURA
22.14.1 COMPANY OVERVIEW
22.14.2 REVENUE ANALYSIS
22.14.3 GEOGRAPHICAL PRESENCE
22.14.4 PRODUCT PORTFOLIO
22.14.5 RECENT DEVELOPMENTS
22.15 LACTAPLANT-BASED
22.15.1 COMPANY OVERVIEW
22.15.2 REVENUE ANALYSIS
22.15.3 GEOGRAPHICAL PRESENCE
22.15.4 PRODUCT PORTFOLIO
22.15.5 RECENT DEVELOPMENTS
22.16 AUSTRALIA'S OWN
22.16.1 COMPANY OVERVIEW
22.16.2 REVENUE ANALYSIS
22.16.3 GEOGRAPHICAL PRESENCE
22.16.4 PRODUCT PORTFOLIO
22.16.5 RECENT DEVELOPMENTS
22.17 SANITARIUM HEALTHFOOD COMPANY
22.17.1 COMPANY OVERVIEW
22.17.2 REVENUE ANALYSIS
22.17.3 GEOGRAPHICAL PRESENCE
22.17.4 PRODUCT PORTFOLIO
22.17.5 RECENT DEVELOPMENTS
22.18 THE HERSHEY COMPANY
22.18.1 COMPANY OVERVIEW
22.18.2 REVENUE ANALYSIS
22.18.3 GEOGRAPHICAL PRESENCE
22.18.4 PRODUCT PORTFOLIO
22.18.5 RECENT DEVELOPMENTS
22.19 LIFE HEALTH FOODS INDIA PRIVATE LIMITED.
22.19.1 COMPANY OVERVIEW
22.19.2 REVENUE ANALYSIS
22.19.3 GEOGRAPHICAL PRESENCE
22.19.4 PRODUCT PORTFOLIO
22.19.5 RECENT DEVELOPMENTS
*NOTE: THE COMPANIES PROFILED IS NOT EXHAUSTIVE LIST AND IS AS PER OUR PREVIOUS CLIENT REQUIREMENT. WE PROFILE MORE THAN 100 COMPANIES IN OUR STUDY AND HENCE THE LIST OF COMPANIES CAN BE MODIFIED OR REPLACED ON REQUEST
23 RELATED REPORTS
24 CONCLUSION
25 QUESTIONNAIRE
26 ABOUT DATA BRIDGE MARKET RESEARCH
Global Almond 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 Global Almond 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 Global Almond 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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