Almond Milk Market is Poised to Grow a Robust CAGR of +15.3% by 2030

According to HTF Market Intelligence, the Almond Milk market size is estimated to increase by USD xx Million at a CAGR of 15.3% from 2023 to 2030.

PUNE, MAHARASHTRA, INDIA, June 24, 2024 /EINPresswire.com/ -- HTF Market Intelligence recently released a survey document on Almond Milk Market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the Almond Milk market. Some of the companies listed in the study from the complete survey list are e. Blue Diamond Growers (United States), Hain Celestial Group (United States), Daiya Foods Inc. (Canada), Whitewave Foods (France), Sunopta Inc. (Canada), Daiya Foods Inc. (Canada), Galaxy Nutritional Foods, Inc. (United States), Tofutti Brands Inc. (United States), So Delicious Dairy Free (United States), Silk (United States).

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Definition:
Almond Milk is derived from plant milk which is made from almonds, these generally have a crackling nutty taste and smooth & creamy texture. These milk drinks are becoming a popular alternative or replacement for other dairy milk because of its health benefits such as weight management, helps in making bones stronger, and also acts as a lactose-free substitute of milk. The market of almond milk is driving because of two major groups of people namely healthy diet adopters and vegan diet followers.

Market Trends:
Adoption of Almond Milk Consumption in Vegan Diet
Innovating New Products Such as Premium Almond Milk

Market Drivers:
Increasing Awareness about Its Health Benefits
Rising Battle against Obesity in Developed Countries Such as the United States
Increasing High Demand for Quality Product Coupled with Healthy Dairy Products

Market Opportunities:
Increasing Number of Population Affected by Lactose Intolerance
Rising Demand for Flavored Almond Milk

Market Leaders & Development Strategies:
In March 2021, Danone announced that it had acquired Earth Island, the parent company of Follow Your Heart, which produces plant-based food products, including vegan cheeses and egg replacements. While not a direct acquisition of an almond milk brand, this acquisition reflects Danone's continued investment in the plant-based food and beverage market. On 12th January 2023, Food tech company Armored Fresh announces it will soon launch its innovative Almond Milk Cubes and American Slices nationwide in the US.

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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Almond Milk market segments by Types: Plain, Flavored
Detailed analysis of Almond Milk market segments by Applications: Daily Food, Food, Beverages, Others

Major Key Players of the Market: e. Blue Diamond Growers (United States), Hain Celestial Group (United States), Daiya Foods Inc. (Canada), Whitewave Foods (France), Sunopta Inc. (Canada), Daiya Foods Inc. (Canada), Galaxy Nutritional Foods, Inc. (United States), Tofutti Brands Inc. (United States), So Delicious Dairy Free (United States), Silk (United States)

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report:
• -To carefully analyse and forecast the size of the Almond Milk market by value and volume.
• -To estimate the market shares of major segments of the Almond Milk market.
• -To showcase the development of the Almond Milk market in different parts of the world.
• -To analyse and study micro-markets in terms of their contributions to the Almond Milk market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Almond Milk market.
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Almond Milk market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

The Almond Milk Market is segmented by Application (Daily Food, Food, Beverages, Others) by Type (Plain, Flavored) by Distribution Channel (Stored, Non-Stored) by Packaging Type (Glass, Carton) and by Geography (North America, South America, Europe, Asia Pacific, MEA).

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Key takeaways from the Almond Milk market report:
– Detailed consideration of Almond Milk market-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets.
– Comprehensive valuation of all prospects and threats in the
– In-depth study of industry strategies for growth of the Almond Milk market-leading players.
– Almond Milk market latest innovations and major procedures.
– Favourable dip inside Vigorous high-tech and market latest trends remarkable the Market.
– Conclusive study about the growth conspiracy of Almond Milk market for forthcoming years.

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Major highlights from Table of Contents:
Almond Milk Market Study Coverage:
• It includes major manufacturers, emerging player’s growth story, and major business segments of Almond Milk market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Almond Milk Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Almond Milk Market Production by Region Almond Milk Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Almond Milk Market Report:
• Almond Milk Overview, Definition and Classification Market drivers and barriers
• Almond Milk Market Competition by Manufacturers
• Almond Milk Capacity, Production, Revenue (Value) by Region (2023-2029)
• Almond Milk Supply (Production), Consumption, Export, Import by Region (2023-2029)
• Almond Milk Production, Revenue (Value), Price Trend by Type {Plain, Flavored}
• Almond Milk Market Analysis by Application {Daily Food, Food, Beverages, Others}
• Almond Milk Manufacturers Profiles/Analysis Almond Milk Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

Major questions answered:
• What are influencing factors driving the demand for Almond Milk near future?
• What is the impact analysis of various factors in the Global Almond Milk market growth?
• What are the recent trends in the regional market and how successful they are?
• How feasible is Almond Milk market for long-term investment?

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, MINT, BRICS, G7, Western / Eastern Europe, or Southeast Asia. Also, we can serve you with customized research services as HTF MI holds a database repository that includes public organizations and Millions of Privately held companies with expertise across various Industry domains.

Nidhi Bhawsar
HTF Market Intelligence Consulting Private Limited
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