Study Period | 2017 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Market Size (2025) | USD 6.09 Billion |
Market Size (2030) | USD 10.91 Billion |
CAGR (2025 - 2030) | 12.37 % |
Market Concentration | Medium |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Almond Milk Market Analysis
The Almond Milk Market size is estimated at 6.09 billion USD in 2025, and is expected to reach 10.91 billion USD by 2030, growing at a CAGR of 12.37% during the forecast period (2025-2030).
The almond milk industry has witnessed significant transformation in its retail landscape, particularly in distribution channels and consumer accessibility. Off-trade retailing has emerged as the dominant distribution channel, driven by consumer preference for convenience and comfort in purchasing decisions. In 2022, off-trade channels demonstrated strong performance with a 6.84% growth compared to the previous year. This shift has been accompanied by strategic pricing variations across retailers, with products available across a wide price spectrum ranging from USD 2.55 to USD 16.4, enabling broader market penetration across different consumer segments.
The industry has experienced a notable evolution in consumer consumption patterns and health awareness. Global per capita consumption of almond milk reached 1.28 kg in 2022, reflecting growing consumer acceptance of plant milk alternatives. Retailers have responded to this trend by expanding their product portfolios to include various flavors such as unsweetened, chocolate, and vanilla variants. Specialty stores have gained particular prominence in the retail landscape by offering enhanced product visibility and detailed information about ingredients and nutritional benefits, catering to increasingly health-conscious consumers.
Product innovation and diversification have become key focus areas for industry stakeholders, with manufacturers introducing new flavors and formulations to meet evolving consumer preferences. The almond milk industry has witnessed significant developments in fortification techniques and ingredient optimization to enhance nutritional profiles. Leading brands like Minor Figures, Alpro, and Califia Farms have established a strong market presence through continuous product innovation and quality improvements. This trend has been particularly evident in the foodservice sector, where establishments are increasingly incorporating almond milk options in beverages and culinary applications.
Health and wellness considerations continue to drive market dynamics, with almond milk gaining recognition for its nutritional benefits and digestive properties. In North America, where per capita consumption of dairy alternative milk reached 3.23 kg in 2022, almond milk has become particularly popular among consumers following calorie-deficit diets due to its lower fat content compared to traditional dairy milk. The product's appeal extends to specific health conditions, as evidenced in markets like Australia, where 30% of the population diagnosed with irritable bowel syndrome in 2022 has contributed to increased demand for almond milk's digestive benefits.
Global Almond Milk Market Trends
Growing popularity of almond milk due to its perception as a protein-rich nut-based milk, increasing veganism, and demand for plant-based products, coupled with its lower calorie content compared to other milk alternatives
- The per capita consumption of almond milk is expected to grow by 7.40% from 2023-2024 globally. The consumption of all types of plant milk is on the rise. Almond milk is a modern-day fixture of the conscious-eating movement. Of all the non-dairy milk alternatives lining store shelves, almond milk is the most popular among consumers. Almond milk is among the top three plant milk consumed globally.
- Fitness-conscious consumers are looking for sports nutrition supplements to seek a lean body, strength, and performance. Almond milk is exclusively consumed as it is perceived as a protein-rich nut-based milk. Encouragement from nutritionists and other fitness experts is also boosting the market sentiment for sports nutrition in the region. The growing veganism, higher demand for plant-based products, and changing dietary preferences among consumers are evident globally. In 2022, around 3% of German consumers, between 18 and 64 years of age followed a vegan diet. In Brazil, China, Mexico, and the United States, between 2% to 6% of respondents followed a vegan diet.
- The growing volume of lactose-intolerance consumers globally has led to a focus on the consumption of plant-based milk (almond milk). In 2022, 30 to 50 million Americans were lactose intolerant. The fat percentage in almond milk is significantly lesser than in other milk; one cup (8oz or 240ml) of unsweetened almond milk provides 39 calories, whereas unsweetened hemp milk (made from water and hulled hemp seed) provides about 60 calories in a one-cup serving.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Global increase in almond production is driven by manufacturers' focus on plant-based milk production and increasing consumer preference for vegan diets and the health benefits of almonds
Segment Analysis: Distribution Channel
Off-trade Segment in Global Almond Milk Market
The off-trade distribution channel dominates the global almond milk market, commanding approximately 94% market share in 2024. This channel encompasses supermarkets, hypermarkets, convenience stores, online retailers, and specialist stores, offering consumers diverse purchasing options and accessibility. The segment's dominance is primarily driven by seasonal offers, bulk purchase discounts, and dedicated dairy alternative sections that provide extensive product variety. Supermarkets and hypermarkets particularly stand out within this segment, as they allow access to both local and international brands due to their large shelf space. The segment is projected to maintain strong growth at around 12% through 2024-2029, driven by the rising experiential economy and increasing consumer reach through social media platforms, particularly benefiting the online retail channels.

On-trade Segment in Global Almond Milk Market
The on-trade segment, while smaller in market share, plays a crucial role in introducing almond milk to consumers through foodservice establishments. This channel primarily serves almond milk beverages through restaurants, cafes, and other food service outlets, where it is increasingly being incorporated into various beverages including cocktails, smoothies, coffees, and espresso-based drinks. Major coffee chains worldwide have embraced almond milk as a dairy alternative option, responding to growing consumer demand for plant-based options. The segment's growth is supported by the rising trend of out-of-home consumption and increasing consumer preference for customizable beverage options in cafes and restaurants, which contributes to the overall expansion of the plant milk market.
Almond Milk Market Geography Segment Analysis
Almond Milk Market in Africa
The African almond milk market demonstrates significant potential driven by changing consumer preferences and increasing health consciousness. South Africa leads the regional market, followed by Egypt and Nigeria, with each country showing distinct consumption patterns and growth trajectories. The market is characterized by increasing urbanization, rising disposable incomes, and growing awareness of lactose intolerance issues across the continent. Distribution channels are evolving, with supermarkets and hypermarkets playing a crucial role in market penetration, while online retail channels are gaining prominence in major urban centers.

Almond Milk Market in South Africa
South Africa dominates the African almond milk market, holding approximately 53% market share in 2024. The country's market leadership is driven by well-established retail infrastructure and increasing consumer awareness about plant-based alternatives. The market is particularly strong in provinces like Gauteng, Western Cape, and KwaZulu-Natal, where health-conscious consumers are increasingly adopting plant-based diets. Major cities like Johannesburg, Cape Town, and Durban are witnessing rapid expansion of retail channels offering almond milk products. The country's robust distribution network and growing vegan population continue to support market growth.
Almond Milk Market in Egypt
Egypt emerges as the fastest-growing market in Africa, with an expected growth rate of approximately 14% during 2024-2029. The country's rapid market expansion is fueled by increasing health consciousness and growing awareness of lactose intolerance among consumers. Egypt's young, urban population is increasingly embracing plant-based alternatives, driving market growth. The country's retail landscape is evolving with modern trade formats gaining prominence, particularly in cities like Cairo and Alexandria. The market is also benefiting from increasing product availability and growing distribution networks across the country.
Almond Milk Market in Asia-Pacific
The Asia-Pacific region presents a dynamic landscape for the almond milk market, with Japan leading in volume share. Indonesia is the fastest-growing market, with a CAGR of 14.62% from 2023 to 2029. The region's growth is propelled by rising health awareness and a shift towards plant-based diets. In India, the almond milk market is gaining traction as consumers become more health-conscious and seek dairy alternatives. Meanwhile, the market for almond milk in Pakistan is also expanding, driven by similar trends in consumer preferences.
Almond Milk Market in Japan
Japan holds the largest volume share in the Asia-Pacific almond milk market. The country's market is characterized by a strong preference for health and wellness products, with consumers increasingly opting for plant-based alternatives. The well-established retail infrastructure and innovative product offerings contribute to the market's growth. Japanese consumers are particularly interested in the nutritional benefits of almond milk, which supports the market's expansion.
Almond Milk Market in Indonesia
Indonesia is the fastest-growing market in the Asia-Pacific region, with a projected CAGR of 14.62% from 2023 to 2029. The market's rapid growth is driven by increasing health consciousness and a growing awareness of lactose intolerance. Indonesian consumers are embracing plant-based diets, which is propelling the demand for almond milk. The country's retail sector is adapting to these changes, with supermarkets and online channels expanding their offerings of almond milk products.
Almond Milk Market in Europe
Europe showcases a mature almond milk market, with Germany leading in terms of value. The market is driven by a strong consumer base that prioritizes health and sustainability. The demand for plant-based products, including almond milk, is increasing as consumers seek dairy alternatives. The market is also benefiting from supportive government policies and initiatives promoting plant-based diets.
Almond Milk Market in Germany
Germany holds the largest value share in the European almond milk market. The country's market is characterized by a high level of consumer awareness and a preference for sustainable and health-oriented products. The demand for almond milk is supported by a robust retail infrastructure and a growing number of product innovations. German consumers are increasingly opting for plant-based alternatives, contributing to the market's growth.
Almond Milk Market in Russia
Russia is the fastest-growing market in Europe, with a projected CAGR of 23.23% from 2023 to 2029. The market's growth is driven by rising health awareness and a shift towards plant-based diets. Russian consumers are increasingly adopting almond milk as a dairy alternative, supported by expanding retail channels and increasing product availability. The market is also benefiting from a growing vegan population and supportive government policies.
Almond Milk Market in the Middle East
In the Middle East, Saudi Arabia leads the almond milk market, while the UAE is the fastest-growing market. The region's growth is driven by an increasing awareness of health and wellness, with consumers seeking dairy alternatives. The market is characterized by a strong retail infrastructure and a growing number of product offerings. The demand for almond milk is supported by a shift towards plant-based diets and a growing expatriate population.
Almond Milk Market in North America
North America is a key region for the almond milk market, with the United States holding the largest share. The market is driven by a high level of consumer awareness and a preference for plant-based products. Mexico is the fastest-growing market, with consumers increasingly adopting almond milk as a dairy alternative. The region's growth is supported by a strong retail infrastructure and a growing number of product innovations.
Almond Milk Market in South America
In South America, Brazil leads the almond milk market, while Argentina is the fastest-growing market. The region's growth is driven by rising health consciousness and a shift towards plant-based diets. The demand for almond milk is supported by a growing awareness of lactose intolerance and an expanding retail sector. The market is also benefiting from increasing product availability and a growing vegan population.
Almond Milk Industry Overview
Top Companies in Almond Milk Market
The almond milk market is characterized by continuous product innovation and strategic expansion initiatives by major players. Almond milk companies are focusing on developing new flavors, fortified variants, and clean-label products to meet evolving consumer preferences. Operational agility is demonstrated through investments in manufacturing facilities and production capacity expansions, particularly in key consumption regions. Strategic moves include partnerships with retailers and foodservice operators to enhance distribution networks. Companies are also emphasizing sustainability initiatives, including sustainable packaging solutions and responsible sourcing practices. Geographic expansion remains a key focus, with companies establishing new production facilities and distribution centers to serve emerging markets and strengthen their presence in established ones.
Market Led By Global Food Conglomerates
The global almond milk industry structure is characterized by the dominance of large multinational food and beverage conglomerates, alongside specialized plant milk beverage manufacturers. These major players leverage their extensive distribution networks, established brand equity, and significant research and development capabilities to maintain their market positions. The market demonstrates moderate consolidation, with the top players accounting for a significant share while numerous regional and local players serve specific geographic markets or niche segments. The competitive landscape is further shaped by the presence of private label offerings from major retailers, who are increasingly expanding their plant-based beverage portfolios.
The market has witnessed strategic acquisitions and partnerships as larger companies seek to expand their plant-based portfolios and enhance their manufacturing capabilities. Major food conglomerates are acquiring smaller, innovative plant-based beverage companies to quickly establish themselves in the growing dairy alternative segment. Regional players are forming strategic alliances with distributors and retailers to expand their market reach, while also investing in product development to differentiate their offerings in an increasingly competitive market.
Innovation and Distribution Key to Growth
Success in the almond milk market increasingly depends on companies' ability to innovate across product formulation, packaging, and marketing strategies. Incumbents need to focus on developing premium products with enhanced nutritional profiles and functional benefits while maintaining competitive pricing. Investment in sustainable packaging solutions and transparent supply chain practices is becoming crucial for maintaining almond milk market share. Companies must also strengthen their online presence and direct-to-consumer channels while maintaining strong relationships with traditional retail partners. Building strong brand recognition through effective marketing campaigns and educational initiatives about the health and environmental benefits of almond milk is essential.
For contenders looking to gain market share, focusing on niche segments and underserved markets presents significant opportunities. Success factors include developing unique value propositions through innovative flavors, organic variants, or specific functional benefits. Building efficient production and distribution networks while maintaining cost competitiveness is crucial. Companies must also navigate the regulatory landscape, particularly regarding labeling requirements and nutritional claims. The ability to adapt to changing consumer preferences and potential shifts in regulatory requirements while maintaining product quality and safety standards will be crucial for long-term success in the market.
Almond Milk Market Leaders
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Blue Diamond Growers
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Califia Farms LLC
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Danone SA
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Ecotone
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Nestlé SA
- *Disclaimer: Major Players sorted in no particular order
Almond Milk Market News
- October 2022: SunOpta Inc. completed the first phase of a USD 100 million sterile alternative milk plant in Midlothian to manufacture sustainable milk and food products.
- April 2022: Califia Farms launched the Unsweetened Almond Barista Blend, which contains calcium and vitamin D.
- January 2022: Danone North America introduced a new addition to its almond milk portfolio named Silk Extra Creamy Almondmilk, featuring a blend of three types of almonds.
Free With This Report
We provide a comprehensive and exhaustive set of data pointers for global, regional, and country-level metrics that illustrate the fundamentals of the dairy alternatives industry. With the help of 45+ free charts, clients can access in-depth market analysis based on per capita consumption numbers and production data of raw materials for dairy alternatives, through granular level segmental information supported by a repository of market data, trends, and expert analysis. Data and analysis on dairy alternative products, categories of dairy alternative products, product types, etc., are available in the form of comprehensive reports as well as excel based data worksheets.
Almond Milk Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 Per Capita Consumption
-
4.2 Raw Material/commodity Production
- 4.2.1 Almond
-
4.3 Regulatory Framework
- 4.3.1 Canada
- 4.3.2 France
- 4.3.3 Germany
- 4.3.4 Italy
- 4.3.5 Japan
- 4.3.6 Mexico
- 4.3.7 Spain
- 4.3.8 United Kingdom
- 4.3.9 United States
- 4.4 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
-
5.1 Distribution Channel
- 5.1.1 Off-Trade
- 5.1.1.1 Convenience Stores
- 5.1.1.2 Online Retail
- 5.1.1.3 Specialist Retailers
- 5.1.1.4 Supermarkets and Hypermarkets
- 5.1.1.5 Others (Warehouse clubs, gas stations, etc.)
- 5.1.2 On-Trade
-
5.2 Region
- 5.2.1 Africa
- 5.2.1.1 By Distribution Channel
- 5.2.1.2 Egypt
- 5.2.1.3 Nigeria
- 5.2.1.4 South Africa
- 5.2.1.5 Rest of Africa
- 5.2.2 Asia-Pacific
- 5.2.2.1 By Distribution Channel
- 5.2.2.2 Australia
- 5.2.2.3 China
- 5.2.2.4 India
- 5.2.2.5 Indonesia
- 5.2.2.6 Japan
- 5.2.2.7 Malaysia
- 5.2.2.8 New Zealand
- 5.2.2.9 Pakistan
- 5.2.2.10 South Korea
- 5.2.2.11 Rest of Asia Pacific
- 5.2.3 Europe
- 5.2.3.1 By Distribution Channel
- 5.2.3.2 Belgium
- 5.2.3.3 France
- 5.2.3.4 Germany
- 5.2.3.5 Italy
- 5.2.3.6 Netherlands
- 5.2.3.7 Russia
- 5.2.3.8 Spain
- 5.2.3.9 Turkey
- 5.2.3.10 United Kingdom
- 5.2.3.11 Rest of Europe
- 5.2.4 Middle East
- 5.2.4.1 By Distribution Channel
- 5.2.4.2 Bahrain
- 5.2.4.3 Kuwait
- 5.2.4.4 Oman
- 5.2.4.5 Saudi Arabia
- 5.2.4.6 United Arab Emirates
- 5.2.4.7 Rest of Middle East
- 5.2.5 North America
- 5.2.5.1 By Distribution Channel
- 5.2.5.2 Canada
- 5.2.5.3 Mexico
- 5.2.5.4 United States
- 5.2.5.5 Rest of North America
- 5.2.6 South America
- 5.2.6.1 By Distribution Channel
- 5.2.6.2 Argentina
- 5.2.6.3 Brazil
- 5.2.6.4 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
-
6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 Blue Diamond Growers
- 6.4.2 Califia Farms LLC
- 6.4.3 Campbell Soup Company
- 6.4.4 Danone SA
- 6.4.5 Ecotone
- 6.4.6 Malk Organics LLC
- 6.4.7 Nestlé SA
- 6.4.8 SunOpta Inc.
- 6.4.9 The Hain Celestial Group Inc.
7. KEY STRATEGIC QUESTIONS FOR DAIRY AND DAIRY ALTERNATIVE CEOS
8. APPENDIX
-
8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- PER CAPITA CONSUMPTION OF ALMOND MILK, KG, GLOBAL, 2017 - 2029
- Figure 2:
- PRODUCTION VOLUME OF GLOBAL ALMOND MILK MARKET - RAW MATERIAL, METRIC TONNES, GLOBAL, 2017 - 2021
- Figure 3:
- VOLUME OF ALMOND MILK, METRIC TONNES, BY GLOBAL, 2017 - 2029
- Figure 4:
- VALUE OF ALMOND MILK, USD MN, BY GLOBAL, 2017 - 2029
- Figure 5:
- VOLUME OF ALMOND MILK MARKET BY DISTRIBUTION CHANNEL, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 6:
- VALUE OF ALMOND MILK MARKET BY DISTRIBUTION CHANNEL, USD MN, GLOBAL, 2017 - 2029
- Figure 7:
- VOLUME SHARE OF ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL , %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 8:
- VALUE SHARE OF ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL , %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 9:
- VOLUME OF ALMOND MILK MARKET BY SUB DISTRIBUTION CHANNELS, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 10:
- VALUE OF ALMOND MILK MARKET BY SUB DISTRIBUTION CHANNELS, USD MN, GLOBAL, 2017 - 2029
- Figure 11:
- VOLUME SHARE OF ALMOND MILK MARKET, BY SUB DISTRIBUTION CHANNELS , %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 12:
- VALUE SHARE OF ALMOND MILK MARKET, BY SUB DISTRIBUTION CHANNELS , %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 13:
- VOLUME OF ALMOND MILK MARKET SOLD VIA CONVENIENCE STORES, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 14:
- VALUE OF ALMOND MILK MARKET SOLD VIA CONVENIENCE STORES, USD MN, GLOBAL, 2017 - 2029
- Figure 15:
- VOLUME OF ALMOND MILK MARKET SOLD VIA ONLINE RETAIL, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 16:
- VALUE OF ALMOND MILK MARKET SOLD VIA ONLINE RETAIL, USD MN, GLOBAL, 2017 - 2029
- Figure 17:
- VOLUME OF ALMOND MILK MARKET SOLD VIA SPECIALIST RETAILERS, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 18:
- VALUE OF ALMOND MILK MARKET SOLD VIA SPECIALIST RETAILERS, USD MN, GLOBAL, 2017 - 2029
- Figure 19:
- VOLUME OF ALMOND MILK MARKET SOLD VIA SUPERMARKETS AND HYPERMARKETS, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 20:
- VALUE OF ALMOND MILK MARKET SOLD VIA SUPERMARKETS AND HYPERMARKETS, USD MN, GLOBAL, 2017 - 2029
- Figure 21:
- VOLUME OF ALMOND MILK MARKET SOLD VIA OTHERS (WAREHOUSE CLUBS, GAS STATIONS, ETC.), METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 22:
- VALUE OF ALMOND MILK MARKET SOLD VIA OTHERS (WAREHOUSE CLUBS, GAS STATIONS, ETC.), USD MN, GLOBAL, 2017 - 2029
- Figure 23:
- VOLUME OF ALMOND MILK MARKET SOLD VIA ON-TRADE, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 24:
- VALUE OF ALMOND MILK MARKET SOLD VIA ON-TRADE, USD MN, GLOBAL, 2017 - 2029
- Figure 25:
- VOLUME OF ALMOND MILK MARKET BY REGION, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 26:
- VALUE OF ALMOND MILK MARKET BY REGION, USD MN, GLOBAL, 2017 - 2029
- Figure 27:
- VOLUME SHARE OF ALMOND MILK MARKET, BY REGION , %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 28:
- VALUE SHARE OF ALMOND MILK MARKET, BY REGION , %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 29:
- VOLUME OF ALMOND MILK MARKET BY DISTRIBUTION CHANNEL, METRIC TONNES, AFRICA, 2017 - 2029
- Figure 30:
- VALUE OF ALMOND MILK MARKET BY DISTRIBUTION CHANNEL, USD MN, AFRICA, 2017 - 2029
- Figure 31:
- VOLUME SHARE OF ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL , %, AFRICA, 2017 VS 2023 VS 2029
- Figure 32:
- VALUE SHARE OF ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL , %, AFRICA, 2017 VS 2023 VS 2029
- Figure 33:
- VOLUME OF ALMOND MILK MARKET BY COUNTRY, METRIC TONNES, AFRICA, 2017 - 2029
- Figure 34:
- VALUE OF ALMOND MILK MARKET BY COUNTRY, USD MN, AFRICA, 2017 - 2029
- Figure 35:
- VOLUME SHARE OF ALMOND MILK MARKET, BY COUNTRY , %, AFRICA, 2017 VS 2023 VS 2029
- Figure 36:
- VALUE SHARE OF ALMOND MILK MARKET, BY COUNTRY , %, AFRICA, 2017 VS 2023 VS 2029
- Figure 37:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, EGYPT, 2017 - 2029
- Figure 38:
- VALUE OF ALMOND MILK MARKET, USD MN, EGYPT, 2017 - 2029
- Figure 39:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, NIGERIA, 2017 - 2029
- Figure 40:
- VALUE OF ALMOND MILK MARKET, USD MN, NIGERIA, 2017 - 2029
- Figure 41:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, SOUTH AFRICA, 2017 - 2029
- Figure 42:
- VALUE OF ALMOND MILK MARKET, USD MN, SOUTH AFRICA, 2017 - 2029
- Figure 43:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, REST OF AFRICA, 2017 - 2029
- Figure 44:
- VALUE OF ALMOND MILK MARKET, USD MN, REST OF AFRICA, 2017 - 2029
- Figure 45:
- VOLUME OF ALMOND MILK MARKET BY DISTRIBUTION CHANNEL, METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 46:
- VALUE OF ALMOND MILK MARKET BY DISTRIBUTION CHANNEL, USD MN, ASIA-PACIFIC, 2017 - 2029
- Figure 47:
- VOLUME SHARE OF ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL , %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 48:
- VALUE SHARE OF ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL , %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 49:
- VOLUME OF ALMOND MILK MARKET BY COUNTRY, METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 50:
- VALUE OF ALMOND MILK MARKET BY COUNTRY, USD MN, ASIA-PACIFIC, 2017 - 2029
- Figure 51:
- VOLUME SHARE OF ALMOND MILK MARKET, BY COUNTRY , %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 52:
- VALUE SHARE OF ALMOND MILK MARKET, BY COUNTRY , %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 53:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, AUSTRALIA, 2017 - 2029
- Figure 54:
- VALUE OF ALMOND MILK MARKET, USD MN, AUSTRALIA, 2017 - 2029
- Figure 55:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, CHINA, 2017 - 2029
- Figure 56:
- VALUE OF ALMOND MILK MARKET, USD MN, CHINA, 2017 - 2029
- Figure 57:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, INDIA, 2017 - 2029
- Figure 58:
- VALUE OF ALMOND MILK MARKET, USD MN, INDIA, 2017 - 2029
- Figure 59:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, INDONESIA, 2017 - 2029
- Figure 60:
- VALUE OF ALMOND MILK MARKET, USD MN, INDONESIA, 2017 - 2029
- Figure 61:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, JAPAN, 2017 - 2029
- Figure 62:
- VALUE OF ALMOND MILK MARKET, USD MN, JAPAN, 2017 - 2029
- Figure 63:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, MALAYSIA, 2017 - 2029
- Figure 64:
- VALUE OF ALMOND MILK MARKET, USD MN, MALAYSIA, 2017 - 2029
- Figure 65:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, NEW ZEALAND, 2017 - 2029
- Figure 66:
- VALUE OF ALMOND MILK MARKET, USD MN, NEW ZEALAND, 2017 - 2029
- Figure 67:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, PAKISTAN, 2017 - 2029
- Figure 68:
- VALUE OF ALMOND MILK MARKET, USD MN, PAKISTAN, 2017 - 2029
- Figure 69:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, SOUTH KOREA, 2017 - 2029
- Figure 70:
- VALUE OF ALMOND MILK MARKET, USD MN, SOUTH KOREA, 2017 - 2029
- Figure 71:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, REST OF ASIA PACIFIC, 2017 - 2029
- Figure 72:
- VALUE OF ALMOND MILK MARKET, USD MN, REST OF ASIA PACIFIC, 2017 - 2029
- Figure 73:
- VOLUME OF ALMOND MILK MARKET BY DISTRIBUTION CHANNEL, METRIC TONNES, EUROPE, 2017 - 2029
- Figure 74:
- VALUE OF ALMOND MILK MARKET BY DISTRIBUTION CHANNEL, USD MN, EUROPE, 2017 - 2029
- Figure 75:
- VOLUME SHARE OF ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL , %, EUROPE, 2017 VS 2023 VS 2029
- Figure 76:
- VALUE SHARE OF ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL , %, EUROPE, 2017 VS 2023 VS 2029
- Figure 77:
- VOLUME OF ALMOND MILK MARKET BY COUNTRY, METRIC TONNES, EUROPE, 2017 - 2029
- Figure 78:
- VALUE OF ALMOND MILK MARKET BY COUNTRY, USD MN, EUROPE, 2017 - 2029
- Figure 79:
- VOLUME SHARE OF ALMOND MILK MARKET, BY COUNTRY , %, EUROPE, 2017 VS 2023 VS 2029
- Figure 80:
- VALUE SHARE OF ALMOND MILK MARKET, BY COUNTRY , %, EUROPE, 2017 VS 2023 VS 2029
- Figure 81:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, BELGIUM, 2017 - 2029
- Figure 82:
- VALUE OF ALMOND MILK MARKET, USD MN, BELGIUM, 2017 - 2029
- Figure 83:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, FRANCE, 2017 - 2029
- Figure 84:
- VALUE OF ALMOND MILK MARKET, USD MN, FRANCE, 2017 - 2029
- Figure 85:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, GERMANY, 2017 - 2029
- Figure 86:
- VALUE OF ALMOND MILK MARKET, USD MN, GERMANY, 2017 - 2029
- Figure 87:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, ITALY, 2017 - 2029
- Figure 88:
- VALUE OF ALMOND MILK MARKET, USD MN, ITALY, 2017 - 2029
- Figure 89:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, NETHERLANDS, 2017 - 2029
- Figure 90:
- VALUE OF ALMOND MILK MARKET, USD MN, NETHERLANDS, 2017 - 2029
- Figure 91:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, RUSSIA, 2017 - 2029
- Figure 92:
- VALUE OF ALMOND MILK MARKET, USD MN, RUSSIA, 2017 - 2029
- Figure 93:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, SPAIN, 2017 - 2029
- Figure 94:
- VALUE OF ALMOND MILK MARKET, USD MN, SPAIN, 2017 - 2029
- Figure 95:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, TURKEY, 2017 - 2029
- Figure 96:
- VALUE OF ALMOND MILK MARKET, USD MN, TURKEY, 2017 - 2029
- Figure 97:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, UNITED KINGDOM, 2017 - 2029
- Figure 98:
- VALUE OF ALMOND MILK MARKET, USD MN, UNITED KINGDOM, 2017 - 2029
- Figure 99:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, REST OF EUROPE, 2017 - 2029
- Figure 100:
- VALUE OF ALMOND MILK MARKET, USD MN, REST OF EUROPE, 2017 - 2029
- Figure 101:
- VOLUME OF ALMOND MILK MARKET BY DISTRIBUTION CHANNEL, METRIC TONNES, MIDDLE EAST, 2017 - 2029
- Figure 102:
- VALUE OF ALMOND MILK MARKET BY DISTRIBUTION CHANNEL, USD MN, MIDDLE EAST, 2017 - 2029
- Figure 103:
- VOLUME SHARE OF ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL , %, MIDDLE EAST, 2017 VS 2023 VS 2029
- Figure 104:
- VALUE SHARE OF ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL , %, MIDDLE EAST, 2017 VS 2023 VS 2029
- Figure 105:
- VOLUME OF ALMOND MILK MARKET BY COUNTRY, METRIC TONNES, MIDDLE EAST, 2017 - 2029
- Figure 106:
- VALUE OF ALMOND MILK MARKET BY COUNTRY, USD MN, MIDDLE EAST, 2017 - 2029
- Figure 107:
- VOLUME SHARE OF ALMOND MILK MARKET, BY COUNTRY , %, MIDDLE EAST, 2017 VS 2023 VS 2029
- Figure 108:
- VALUE SHARE OF ALMOND MILK MARKET, BY COUNTRY , %, MIDDLE EAST, 2017 VS 2023 VS 2029
- Figure 109:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, BAHRAIN, 2017 - 2029
- Figure 110:
- VALUE OF ALMOND MILK MARKET, USD MN, BAHRAIN, 2017 - 2029
- Figure 111:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, KUWAIT, 2017 - 2029
- Figure 112:
- VALUE OF ALMOND MILK MARKET, USD MN, KUWAIT, 2017 - 2029
- Figure 113:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, OMAN, 2017 - 2029
- Figure 114:
- VALUE OF ALMOND MILK MARKET, USD MN, OMAN, 2017 - 2029
- Figure 115:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
- Figure 116:
- VALUE OF ALMOND MILK MARKET, USD MN, SAUDI ARABIA, 2017 - 2029
- Figure 117:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, UNITED ARAB EMIRATES, 2017 - 2029
- Figure 118:
- VALUE OF ALMOND MILK MARKET, USD MN, UNITED ARAB EMIRATES, 2017 - 2029
- Figure 119:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, REST OF MIDDLE EAST, 2017 - 2029
- Figure 120:
- VALUE OF ALMOND MILK MARKET, USD MN, REST OF MIDDLE EAST, 2017 - 2029
- Figure 121:
- VOLUME OF ALMOND MILK MARKET BY DISTRIBUTION CHANNEL, METRIC TONNES, NORTH AMERICA, 2017 - 2029
- Figure 122:
- VALUE OF ALMOND MILK MARKET BY DISTRIBUTION CHANNEL, USD MN, NORTH AMERICA, 2017 - 2029
- Figure 123:
- VOLUME SHARE OF ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL , %, NORTH AMERICA, 2017 VS 2023 VS 2029
- Figure 124:
- VALUE SHARE OF ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL , %, NORTH AMERICA, 2017 VS 2023 VS 2029
- Figure 125:
- VOLUME OF ALMOND MILK MARKET BY COUNTRY, METRIC TONNES, NORTH AMERICA, 2017 - 2029
- Figure 126:
- VALUE OF ALMOND MILK MARKET BY COUNTRY, USD MN, NORTH AMERICA, 2017 - 2029
- Figure 127:
- VOLUME SHARE OF ALMOND MILK MARKET, BY COUNTRY , %, NORTH AMERICA, 2017 VS 2023 VS 2029
- Figure 128:
- VALUE SHARE OF ALMOND MILK MARKET, BY COUNTRY , %, NORTH AMERICA, 2017 VS 2023 VS 2029
- Figure 129:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, CANADA, 2017 - 2029
- Figure 130:
- VALUE OF ALMOND MILK MARKET, USD MN, CANADA, 2017 - 2029
- Figure 131:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, MEXICO, 2017 - 2029
- Figure 132:
- VALUE OF ALMOND MILK MARKET, USD MN, MEXICO, 2017 - 2029
- Figure 133:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, UNITED STATES, 2017 - 2029
- Figure 134:
- VALUE OF ALMOND MILK MARKET, USD MN, UNITED STATES, 2017 - 2029
- Figure 135:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, REST OF NORTH AMERICA, 2017 - 2029
- Figure 136:
- VALUE OF ALMOND MILK MARKET, USD MN, REST OF NORTH AMERICA, 2017 - 2029
- Figure 137:
- VOLUME OF ALMOND MILK MARKET BY DISTRIBUTION CHANNEL, METRIC TONNES, SOUTH AMERICA, 2017 - 2029
- Figure 138:
- VALUE OF ALMOND MILK MARKET BY DISTRIBUTION CHANNEL, USD MN, SOUTH AMERICA, 2017 - 2029
- Figure 139:
- VOLUME SHARE OF ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL , %, SOUTH AMERICA, 2017 VS 2023 VS 2029
- Figure 140:
- VALUE SHARE OF ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL , %, SOUTH AMERICA, 2017 VS 2023 VS 2029
- Figure 141:
- VOLUME OF ALMOND MILK MARKET BY COUNTRY, METRIC TONNES, SOUTH AMERICA, 2017 - 2029
- Figure 142:
- VALUE OF ALMOND MILK MARKET BY COUNTRY, USD MN, SOUTH AMERICA, 2017 - 2029
- Figure 143:
- VOLUME SHARE OF ALMOND MILK MARKET, BY COUNTRY , %, SOUTH AMERICA, 2017 VS 2023 VS 2029
- Figure 144:
- VALUE SHARE OF ALMOND MILK MARKET, BY COUNTRY , %, SOUTH AMERICA, 2017 VS 2023 VS 2029
- Figure 145:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, ARGENTINA, 2017 - 2029
- Figure 146:
- VALUE OF ALMOND MILK MARKET, USD MN, ARGENTINA, 2017 - 2029
- Figure 147:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, BRAZIL, 2017 - 2029
- Figure 148:
- VALUE OF ALMOND MILK MARKET, USD MN, BRAZIL, 2017 - 2029
- Figure 149:
- VOLUME OF ALMOND MILK MARKET, METRIC TONNES, REST OF SOUTH AMERICA, 2017 - 2029
- Figure 150:
- VALUE OF ALMOND MILK MARKET, USD MN, REST OF SOUTH AMERICA, 2017 - 2029
- Figure 151:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, GLOBAL, 2017 - 2029
- Figure 152:
- MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2017 - 2029
- Figure 153:
- VALUE SHARE OF MAJOR PLAYERS, %, GLOBAL
Almond Milk Industry Segmentation
Off-Trade, On-Trade are covered as segments by Distribution Channel. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.Distribution Channel | Off-Trade | Convenience Stores | |
Online Retail | |||
Specialist Retailers | |||
Supermarkets and Hypermarkets | |||
Others (Warehouse clubs, gas stations, etc.) | |||
On-Trade | |||
Region | Africa | By Distribution Channel | |
Egypt | |||
Nigeria | |||
South Africa | |||
Rest of Africa | |||
Asia-Pacific | By Distribution Channel | ||
Australia | |||
China | |||
India | |||
Indonesia | |||
Japan | |||
Malaysia | |||
New Zealand | |||
Pakistan | |||
South Korea | |||
Rest of Asia Pacific | |||
Europe | By Distribution Channel | ||
Belgium | |||
France | |||
Germany | |||
Italy | |||
Netherlands | |||
Russia | |||
Spain | |||
Turkey | |||
United Kingdom | |||
Rest of Europe | |||
Middle East | By Distribution Channel | ||
Bahrain | |||
Kuwait | |||
Oman | |||
Saudi Arabia | |||
United Arab Emirates | |||
Rest of Middle East | |||
North America | By Distribution Channel | ||
Canada | |||
Mexico | |||
United States | |||
Rest of North America | |||
South America | By Distribution Channel | ||
Argentina | |||
Brazil | |||
Rest of South America |
Market Definition
- Dairy Alternatives - Dairy alternatives are foods that are made from plant-based milk/oils instead of their usual animal products, such as cheese, butter, milk, ice cream, yogurt, etc. Plant-based or non-dairy milk alternative is the fast-growing segment in the newer food product development category of functional and specialty beverage across the globe.
- Non-Dairy Butter - Non dairy butter is a vegan butter alternative that is made from a mixture of plant oils. With an increase in alternative diets like vegetarianism, veganism, and gluten intolerance, plant butter is a healthy non-dairy substitute for normal butter.
- Non-Dairy Ice Cream - Plant based ice cream is a growing category. Non-dairy ice cream is a type of dessert made without any animal ingredients. This is typically considered a substitute for regular ice cream for those who cannot or do not eat animal or animal-derived products, including eggs, milk, cream, or honey.
- Plant-Based Milk - Plant based milks are milk substitutes that are made from nuts (e.g., hazelnuts, hemp seeds), seeds (e.g., sesame, walnuts, coconuts, cashews, almonds, rice, oats, etc.) or legumes (e.g., soy). Plant-based milk such as soy milk and almond milk have been popular in East Asia and the Middle East for centuries.
Keyword | Definition |
---|---|
Cultured Butter | Cultured butter is prepared by having the raw butter go through chemical processing and has been added with certain emulsifiers and foreign ingredients. |
Uncultured Butter | This type of butter is one which has not been processed in any way |
Natural Cheese | The type of cheese in its most natural form. It is made from natural and simple products and ingredients, including fresh and natural salts, natural colors, enzymes, and high-quality milk. |
Processed Cheese | Processed cheese undergoes the same processes as natural cheese; however, it requires more steps and many different forms of ingredients. Making processed cheese involves melting natural cheese, emulsifying it, and adding preservatives and other artificial ingredients or colorings. |
Single Cream | Single cream contains around 18% fat. It’s a single layer of cream that appears over boiled milk. |
Double Cream | Double cream contains 48% fat, more than double the amount of fat of single cream. It’s heavier and thicker than single cream |
Whipping Cream | This has a much higher fat percentage than single cream (36%). Used to top cakes, pies, and puddings and as a thickener for sauces, soups, and fillings. |
Frozen Desserts | Desserts that are meant to be eaten in frozen condition. E.g., sherbets, sorbets, frozen yogurts |
UHT Milk (Ultra-high temperature milk) | Milk heated at a very high temperature. Ultra-high-temperature processing (UHT) of milk involves heating for 1–8 sec at 135–154°C. which kills the spore-forming pathogenic microorganism, resulting in a product with a shelf-life of several months. |
Non-dairy butter/Plant-based butter | Butter made from plant-derived oil such as coconut, palm, etc. |
Non-dairy Yogurt | Yogurt made from typically made from nuts, like almonds, cashews, coconuts, and even other foods like soybeans, plantains, oats, and peas |
On-trade | It refers to restaurants, QSRs, and bars. |
Off-trade | It refers to supermarkets, hypermarkets, on-line channels, etc. |
Neufchatel cheese | One of the oldest kinds of cheese in France. It is a soft, slightly crumbly, mold-ripened, bloomy-rind cheese made in the Neufchâtel-en-Bray region of Normandy. |
Flexitarian | It refers to a consumer preferring a semi-vegetarian diet, that is centered on plant foods with limited or occasional inclusion of meat. |
Lactose Intolerance | Lactose intolerance is a reaction in digestive system to lactose, the sugar in milk. It causes uncomfortable symptoms in response to the consumption of dairy products. |
Cream Cheese | Cream cheese is a soft and creamy fresh cheese with a tangy taste made from milk and cream. |
Sorbets | Sorbet is a frozen dessert made using ice combined with fruit juice, fruit purée, or other ingredients, such as wine, liqueur, or honey. |
Sherbet | Sherbet is a sweetened frozen dessert made with fruit and some sort of dairy product such as milk or cream. |
Shelf stable | Foods that can be safely stored at room temperature, or "on the shelf," for at least one year and do not have to be cooked or refrigerated to eat safely. |
DSD | Direct Store Delivery is the process in supply chain management wherein the product is delivered from manufacturing plant directly to the retailer. |
OU Kosher | Orthodox Union Kosher is a kosher certification agency based in New York City. |
Gelato | Gelato is a frozen creamy dessert made with milk, heavy cream and sugar. |
Grass-fed Cows | Grass-fed cows are allowed to graze in pastures, where they eat a variety of grasses and clover. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms