Almond Milk Market Forecasts to 2028 | Drivers and Opportunities| Key player Analysis Califia Farms, Blue Diamond Growers, Elmhurst Milked Direct LLC

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.

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

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