Market Research Report

Product code

1015216

Almond Milk - Global Market Outlook (2020-2028)

Published: May 5, 2021 |

Stratistics Market Research Consulting | 150+ Pages | Delivery time: 2-3 business days

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According to Stratistics MRC, the Global Almond Milk Market is accounted for $6.79 billion in 2020 and is expected to reach $22.73 billion by 2028 growing at a CAGR of 16.3% during the forecast period. Growing acceptance of dairy alternatives among vegans, rising cases of lactose intolerance, hypercholesterolemia, and growing demand for plant-based beverages are the major factors driving the market growth. However, high cost of almond milk and availability of alternate milks to almond milk are restraining the market growth.

Almond milk is a plant-based dairy alternative known to be rich in vitamin E and omega-3 fatty acids, made from almonds which generally have a nutty taste and creamy texture, it makes bones stronger, helps in digestion, and it acts as a lactose-free substitute of milk. Almond milk is rich in minerals like calcium, magnesium, and iron. It is available in various flavors and enriched with minerals, proteins and vitamins. Almond milk does not contain cholesterol or saturated fat that helps in supporting heart health.

Based on the application, the personal care segment is going to have lucrative growth during the forecast period due to almond milk's unique anti-aging properties included in the products of personal care and amount of high proportion of vitamin C, vitamin B6, vitamin E, and zinc in its formulation, which has been used in skin repair creams and lotions. These advantages of almond milk attract the consumers worldwide, exploring the demand for almond milk in this segment.

By geography, Asia Pacific is going to have high growth during the forecast period as almond milk is prominently used in the Asia Pacific countries, especially India and China, and fast application scope of the product in the food and beverage industry has resulted in an inflated demand from countries like Japan hence the product is likely to witness favorable growth in this region. With the growing focus on gluten-free variants of almond milk, the market in Asia Pacific will grow further in the coming years.

Some of the key players profiled in the Almond Milk Market include Califia Farms, Blue Diamond Growers, Elmhurst Milked Direct LLC, Pacific Foods Of Oregon LLC, Natura Foods, Daiya Foods Inc., Orgain, Inc., Hiland Dairy Foods Company, LLC, Three Trees Organic, Sanitarium Health and Wellbeing, Earth's Own Food Company, WhiteWave Foods, Hain Celestial Group, Nestle and Galaxy Nutritional Foods, Inc.

Forms Covered:

Powder
Liquid

Types Covered:

Pure
Mixed

Products Covered:

Original Almond Milk
Vanilla Almond Milk
Non-Dairy Almond Milk

Applications Covered:

Food and Beverages
Personal Care (Cosmetics)
Food Service Industry

Formulations Covered:

Plain
Flavored

Categories Covered:

Organic
Conventional

Distribution Channels Covered:

Store-Based
Non-Store-Based
Business to Business
Business to Customer

Packaging Types Covered:

Bottles
Cans
Cartons
Glass

End Users Covered:

Retail/Household
Pharmaceuticals
Nutraceuticals & Baby Food
Adult
Children

Regions Covered:

North America
- US
- Canada
- Mexico
Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
South America
- Argentina
- Brazil
- Chile
- Rest of South America
Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa

What our report offers:

Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary

2 Preface

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Almond Milk Market, By Form

5.1 Introduction
5.2 Powder
5.3 Liquid

6 Global Almond Milk Market, By Type

6.1 Introduction
6.2 Pure
6.3 Mixed

7 Global Almond Milk Market, By Product

7.1 Introduction
7.2 Original Almond Milk
7.3 Vanilla Almond Milk
7.4 Non-Dairy Almond Milk

8 Global Almond Milk Market, By Application

8.1 Introduction
8.2 Food and Beverages
- 8.2.1 Bakery & Confectionery
- 8.2.2 Dairy & Frozen Desserts
- 8.2.3 Infant Formula
8.3 Personal Care (Cosmetics)
8.4 Food Service Industry

9 Global Almond Milk Market, By Formulation

9.1 Introduction
9.2 Plain
- 9.2.1 Plain Sweetened
- 9.2.2 Plain Unsweetened
9.3 Flavored
- 9.3.1 Flavored Sweetened
- 9.3.2 Flavored Unsweetened

10 Global Almond Milk Market, By Category

10.1 Introduction
10.2 Organic
10.3 Conventional

11 Global Almond Milk Market, By Distribution Channel

11.1 Introduction
11.2 Store-Based
- 11.2.1 Hypermarkets & Supermarkets
- 11.2.2 Convenience Stores
- 11.2.3 Specialty Stores
- 11.2.4 Food and Drink Specialty Stores
11.3 Non-Store-Based
11.4 Business to Business
11.5 Business to Customer

12 Global Almond Milk Market, By Packaging Type

12.1 Introduction
12.2 Bottles
12.3 Cans
12.4 Cartons
12.5 Glass

13 Global Almond Milk Market, By End User

13.1 Introduction
13.2 Retail/Household
13.3 Pharmaceuticals
13.4 Nutraceuticals & Baby Food
13.5 Adult
13.6 Children

14 Global Almond Milk Market, By Geography

14.1 Introduction
14.2 North America
- 14.2.1 US
- 14.2.2 Canada
- 14.2.3 Mexico
14.3 Europe
- 14.3.1 Germany
- 14.3.2 UK
- 14.3.3 Italy
- 14.3.4 France
- 14.3.5 Spain
- 14.3.6 Rest of Europe
14.4 Asia Pacific
- 14.4.1 Japan
- 14.4.2 China
- 14.4.3 India
- 14.4.4 Australia
- 14.4.5 New Zealand
- 14.4.6 South Korea
- 14.4.7 Rest of Asia Pacific
14.5 South America
- 14.5.1 Argentina
- 14.5.2 Brazil
- 14.5.3 Chile
- 14.5.4 Rest of South America
14.6 Middle East & Africa
- 14.6.1 Saudi Arabia
- 14.6.2 UAE
- 14.6.3 Qatar
- 14.6.4 South Africa
- 14.6.5 Rest of Middle East & Africa

15 Key Developments

15.1 Agreements, Partnerships, Collaborations and Joint Ventures
15.2 Acquisitions & Mergers
15.3 New Product Launch
15.4 Expansions
15.5 Other Key Strategies

16 Company Profiling

16.1 Califia Farms
16.2 Blue Diamond Growers
16.3 Elmhurst Milked Direct LLC
16.4 Pacific Foods Of Oregon, LLC.
16.5 Natura Foods
16.6 Daiya Foods Inc.
16.7 Orgain, Inc.
16.8 Hiland Dairy Foods Company, LLC
16.9 Three Trees Organic
16.10 Sanitarium Health and Wellbeing
16.11 Earth's Own Food Company
16.12 WhiteWave Foods
16.13 Hain Celestial Group
16.14 Nestle
16.15 Galaxy Nutritional Foods, Inc.

List of Tables

Table 1 Global Almond Milk Market Outlook, By Region (2019-2028) (US $MN)
Table 2 Global Almond Milk Market Outlook, By Form (2019-2028) (US $MN)
Table 3 Global Almond Milk Market Outlook, By Powder (2019-2028) (US $MN)
Table 4 Global Almond Milk Market Outlook, By Liquid (2019-2028) (US $MN)
Table 5 Global Almond Milk Market Outlook, By Type (2019-2028) (US $MN)
Table 6 Global Almond Milk Market Outlook, By Pure (2019-2028) (US $MN)
Table 7 Global Almond Milk Market Outlook, By Mixed (2019-2028) (US $MN)
Table 8 Global Almond Milk Market Outlook, By Product (2019-2028) (US $MN)
Table 9 Global Almond Milk Market Outlook, By Original Almond Milk (2019-2028) (US $MN)
Table 10 Global Almond Milk Market Outlook, By Vanilla Almond Milk (2019-2028) (US $MN)
Table 11 Global Almond Milk Market Outlook, By Non-Dairy Almond Milk (2019-2028) (US $MN)
Table 12 Global Almond Milk Market Outlook, By Application (2019-2028) (US $MN)
Table 13 Global Almond Milk Market Outlook, By Food and Beverages (2019-2028) (US $MN)
Table 14 Global Almond Milk Market Outlook, By Bakery & Confectionery (2019-2028) (US $MN)
Table 15 Global Almond Milk Market Outlook, By Dairy & Frozen Desserts (2019-2028) (US $MN)
Table 16 Global Almond Milk Market Outlook, By Infant Formula (2019-2028) (US $MN)
Table 17 Global Almond Milk Market Outlook, By Personal Care (Cosmetics) (2019-2028) (US $MN)
Table 18 Global Almond Milk Market Outlook, By Food Service Industry (2019-2028) (US $MN)
Table 19 Global Almond Milk Market Outlook, By Formulation (2019-2028) (US $MN)
Table 20 Global Almond Milk Market Outlook, By Plain (2019-2028) (US $MN)
Table 21 Global Almond Milk Market Outlook, By Plain Sweetened (2019-2028) (US $MN)
Table 22 Global Almond Milk Market Outlook, By Plain Unsweetened (2019-2028) (US $MN)
Table 23 Global Almond Milk Market Outlook, By Flavored (2019-2028) (US $MN)
Table 24 Global Almond Milk Market Outlook, By Flavored Sweetened (2019-2028) (US $MN)
Table 25 Global Almond Milk Market Outlook, By Flavored Unsweetened (2019-2028) (US $MN)
Table 26 Global Almond Milk Market Outlook, By Category (2019-2028) (US $MN)
Table 27 Global Almond Milk Market Outlook, By Organic (2019-2028) (US $MN)
Table 28 Global Almond Milk Market Outlook, By Conventional (2019-2028) (US $MN)
Table 29 Global Almond Milk Market Outlook, By Distribution Channel (2019-2028) (US $MN)
Table 30 Global Almond Milk Market Outlook, By Store-Based (2019-2028) (US $MN)
Table 31 Global Almond Milk Market Outlook, By Hypermarkets & Supermarkets (2019-2028) (US $MN)
Table 32 Global Almond Milk Market Outlook, By Convenience Stores (2019-2028) (US $MN)
Table 33 Global Almond Milk Market Outlook, By Specialty Stores (2019-2028) (US $MN)
Table 34 Global Almond Milk Market Outlook, By Food and Drink Specialty Stores (2019-2028) (US $MN)
Table 35 Global Almond Milk Market Outlook, By Non-Store-Based (2019-2028) (US $MN)
Table 36 Global Almond Milk Market Outlook, By Business to Business (2019-2028) (US $MN)
Table 37 Global Almond Milk Market Outlook, By Business to Customer (2019-2028) (US $MN)
Table 38 Global Almond Milk Market Outlook, By Packaging Type (2019-2028) (US $MN)
Table 39 Global Almond Milk Market Outlook, By Bottles (2019-2028) (US $MN)
Table 40 Global Almond Milk Market Outlook, By Cans (2019-2028) (US $MN)
Table 41 Global Almond Milk Market Outlook, By Cartons (2019-2028) (US $MN)
Table 42 Global Almond Milk Market Outlook, By Glass (2019-2028) (US $MN)
Table 43 Global Almond Milk Market Outlook, By End User (2019-2028) (US $MN)
Table 44 Global Almond Milk Market Outlook, By Retail/Household (2019-2028) (US $MN)
Table 45 Global Almond Milk Market Outlook, By Pharmaceuticals (2019-2028) (US $MN)
Table 46 Global Almond Milk Market Outlook, By Nutraceuticals & Baby Food (2019-2028) (US $MN)
Table 47 Global Almond Milk Market Outlook, By Adult (2019-2028) (US $MN)
Table 48 Global Almond Milk Market Outlook, By Children (2019-2028) (US $MN)