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PUBLISHER: IMARC | PRODUCT CODE: 1347729
PUBLISHER: IMARC | PRODUCT CODE: 1347729
Almond Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 149 Pages
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Market Overview:
The global almond milk market size reached US$ 8.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.3 Billion by 2028, exhibiting a growth rate (CAGR) of 13.6% during 2023-2028.
Almond milk is made from an emulsion of blanched almonds, acacia, sugar and water. It is lactose-free and has fewer calories, sugar and phosphorus as compared to conventional milk. Moreover, it is rich in vitamin E and D, and offers numerous health benefits, such as keeping the heart healthy, strengthening bones and muscles, maintaining the level of sugar in the blood, and aids in weight management. Consequently, it finds extensive applications in the food and beverage (F&B) and personal care industries across various regions of the world. At present, almond milk is available in different packaging and flavors, including plain, vanilla, mango and chocolate.
The rising cases of lactose intolerance and hypercholesterolemia, along with the increasing health consciousness among individuals, represent as the key factors driving the global almond milk market growth. Additionally, as almond milk is plant-based, it is gaining traction among the vegan population across the globe. It is also being utilized in the preparation of various chocolates, cream liquor and bakery goods that are marketed for the lactose-intolerant population. Moreover, the growing personal care industry on account of changing lifestyles and inflating income levels is further escalating the demand for almond milk-based products around the world. Other than this, with the burgeoning e-commerce sector, leading manufactures operating in the industry are offering their products through online distribution channels as they provide conveniences, such as free shipping and home delivery facilities to consumers. These manufacturers are also offering unique flavors, such as toasted coconut, as well as on-the-go variants.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global almond milk market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, category, packaging type, application and distribution channel.
Breakup by Type:
Plain
Flavored
Breakup by Category:
Organic
Conventional
Breakup by Packaging Type:
Carton
Glass
Others
Breakup by Application:
Beverages
Frozen Desserts
Personal Care
Others
Breakup by Distribution Channel:
Hypermarkets and Supermarkets
Convenience Stores
Online Stores
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Blue Diamond Growers, Califia Farms LLC, Daiya Foods Inc., Earth's Own Food Company Inc., Hain Celestial Group, Hiland Dairy Foods, Malk Organics LLC, Pacific Foods of Oregon LLC, Sanitarium, SunOpta Inc. and The WhiteWave Foods Company, etc.
Key Questions Answered in This Report
- 1. What was the size of the global almond milk market in 2022?
- 2. What is the expected growth rate of the global almond milk market during 2023-2028?
- 3. What are the key factors driving the global almond milk market?
- 4. What has been the impact of COVID-19 on the global almond milk market?
- 5. What is the breakup of the global almond milk market based on the type?
- 6. What is the breakup of the global almond milk market based on the category?
- 7. What is the breakup of the global almond milk market based on packaging type?
- 8. What is the breakup of the global almond milk market based on the application?
- 9. What is the breakup of the global almond milk market based on the distribution channel?
- 10. What are the key regions in the global almond milk market?
- 11. Who are the key players/companies in the global almond milk market?
Product Code: SR112023A2115
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Almond Milk Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Plain
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Flavored
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Category
- 7.1 Organic
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Conventional
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Packaging Type
- 8.1 Carton
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Glass
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Others
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Application
- 9.1 Beverages
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Frozen Desserts
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Personal Care
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Others
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
10 Market Breakup by Distribution Channel
- 10.1 Hypermarkets and Supermarkets
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Convenience Stores
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Online Stores
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Others
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.1.1 United States
- 11.2 Asia Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.2.1 China
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.3.1 Germany
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Others
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.4.1 Brazil
- 11.5 Middle East and Africa
- 11.5.1 Market Trends
- 11.5.2 Market Breakup by Country
- 11.5.3 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Indicators
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Blue Diamond Growers
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.2 Califia Farms LLC
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.3 Daiya Foods Inc.
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.4 Earth's Own Food Company Inc.
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.5 Hain Celestial Group
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.6 Hiland Dairy Foods
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.7 Malk Organics LLC
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.8 Pacific Foods of Oregon LLC
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.9 Sanitarium
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.10 SunOpta Inc.
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.10.3 Financials
- 16.3.10.4 SWOT Analysis
- 16.3.11 The WhiteWave Foods Company
- 16.3.11.1 Company Overview
- 16.3.11.2 Product Portfolio
- 16.3.1 Blue Diamond Growers
Product Code: SR112023A2115
List of Figures
- Figure 1: Global: Almond Milk Market: Major Drivers and Challenges
- Figure 2: Global: Almond Milk Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Almond Milk Market: Breakup by Type (in %), 2022
- Figure 4: Global: Almond Milk Market: Breakup by Category (in %), 2022
- Figure 5: Global: Almond Milk Market: Breakup by Packaging Type (in %), 2022
- Figure 6: Global: Almond Milk Market: Breakup by Application (in %), 2022
- Figure 7: Global: Almond Milk Market: Breakup by Distribution Channel (in %), 2022
- Figure 8: Global: Almond Milk Market: Breakup by Region (in %), 2022
- Figure 9: Global: Almond Milk Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 10: Global: Almond Milk (Plain) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Almond Milk (Plain) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Almond Milk (Flavored) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Almond Milk (Flavored) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Almond Milk (Organic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Almond Milk (Organic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Almond Milk (Conventional) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Almond Milk (Conventional) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Almond Milk (Carton) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Almond Milk (Carton) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Almond Milk (Glass) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Almond Milk (Glass) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Almond Milk (Others) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Almond Milk (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Almond Milk (Beverages) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Almond Milk (Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Almond Milk (Frozen Desserts) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Almond Milk (Frozen Desserts) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Almond Milk (Personal Care) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Almond Milk (Personal Care) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Almond Milk (Others) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Almond Milk (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Almond Milk (Hypermarkets and Supermarkets) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Almond Milk (Hypermarkets and Supermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Almond Milk (Convenience Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Almond Milk (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Global: Almond Milk (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Global: Almond Milk (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Global: Almond Milk (Others) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Global: Almond Milk (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: North America: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: North America: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: United States: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: United States: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Canada: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Canada: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Asia Pacific: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Asia Pacific: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: China: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: China: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Japan: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Japan: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: India: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: India: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: South Korea: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: South Korea: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Australia: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Australia: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Indonesia: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Indonesia: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Others: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Others: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Europe: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Europe: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Germany: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Germany: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: France: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: France: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: United Kingdom: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: United Kingdom: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Italy: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Italy: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Spain: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Spain: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Russia: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Russia: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Others: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Others: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Latin America: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Latin America: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Brazil: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Brazil: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Mexico: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Mexico: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 84: Others: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 85: Others: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 86: Middle East and Africa: Almond Milk Market: Sales Value (in Million US$), 2017 & 2022
- Figure 87: Middle East and Africa: Almond Milk Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 88: Global: Almond Milk Industry: SWOT Analysis
- Figure 89: Global: Almond Milk Industry: Value Chain Analysis
- Figure 90: Global: Almond Milk Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Almond Milk Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Almond Milk Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Almond Milk Market Forecast: Breakup by Category (in Million US$), 2023-2028
- Table 4: Global: Almond Milk Market Forecast: Breakup by Packaging Type (in Million US$), 2023-2028
- Table 5: Global: Almond Milk Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 6: Global: Almond Milk Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 7: Global: Almond Milk Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 8: Global: Almond Milk Market: Competitive Structure
- Table 9: Global: Almond Milk Market: Key Players
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