Almond Milk Market size was valued at USD 6.5 Billion in 2024 and is projected to reach USD 13.2 Billion by 2033, exhibiting a CAGR of 8.5% from 2026 to 2033.
In 2022, the global almond milk market achieved a valuation of $8.9 billion, propelled by increasing health consciousness and the rising prevalence of lactose intolerance. Projections indicate that the market will reach $20.3 billion by 2028, reflecting a compound annual growth rate (CAGR) of 13.6% from 2023 to 2028. North America dominated the market, accounting for approximately 40% of the global revenue with a market size of $2.13 billion in 2023, and is expected to grow at a CAGR of 7.2% through 2030. Europe followed with a 30% share, equating to $1.59 billion, while the Asia Pacific region held a 23% share, amounting to $1.22 billion in 2023, and is projected to experience the highest regional growth with a CAGR of 11.0% during the same period. The robust growth in North America is driven by a well established retail infrastructure and heightened consumer awareness regarding plant based diets. In Europe, the increasing adoption of plant based diets and awareness of lactose intolerance are key factors fueling market expansion. The Asia Pacific regions rapid growth is attributed to rising disposable incomes, greater awareness of plant based nutrition, and a higher incidence of lactose intolerance in countries such as China and India. These regional dynamics present significant opportunities for almond milk manufacturers to innovate and cater to the evolving preferences of health conscious consumers worldwide.
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Silk
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Blue Diamond Growers
Milkadamia
Califia Farms
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Sanitarium
Pureharvest
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Almond Milk Market
Unsweetened Almond Milk
Sweetened Almond Milk
Vanilla Almond Milk
Chocolate Almond Milk
Organic Almond Milk
Households
Foodservice Establishments
Retail Stores
Health and Wellness Centers
Restaurants and Cafés
Cartons
Bottles
Pouches
Bulk Containers
Shelf-Stable Packaging
Calcium Enriched Almond Milk
Protein-Enriched Almond Milk
Dairy-Free and Lactose-Free Options
Fortified with Vitamins (e.g., Vitamin D, B12)
Low-Calorie Almond Milk
Online Retailers
Supermarkets and Hypermarkets
Specialty Health Food Stores
Direct Sales
Convenience Stores
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Almond Milk Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Almond Milk Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Almond Milk Market, By Type
6. Global Almond Milk Market, By Application
7. Global Almond Milk Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Almond Milk Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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