Latest research on Almond Milk Market reports annualized growth of 15.3%

Almond Milk Market Latest Edition Published with Forecast to 2028
  • Jan 1, 2024
  • Ayishema
  • Beverages
  • AMA Research


The article cited AMA's "Global Almond Milk Market Study" explored substantial growth in North America and of 15.3%. According to the report, Adoption of Almond Milk Consumption in Vegan Diet is one of the primary growth factors for the market. Increasing Awareness about Its Health Benefits is also expected to contribute significantly to the Almond Milk market. Overall, Daily Food applications of Almond Milk, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Non-Store Based, is boosting the Almond Milk market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Formulation, such as Plain sweetened, is boosting the Almond Milk market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Packaging, such as Pouches, is boosting the Almond Milk market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Packaging Material, such as Carton, is boosting the Almond Milk market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Almond Milk market identified that the demand is rising in many different parts of the world as "Increasing Number of Population Affected by Lactose Intolerance ". Furthermore, some recent industry insights like "In 2018, Tsukuba Dairy Products (Japan) announced its expansion plan by launching more varieties of its flagship premium almond milk in Indonesia and Singapore at the same time. So far, Outside of Japan, the company had a presence in Indonesia only hence, Tokoi revealed more about its plans for expanding its presence to the Southeast Asian (SEA) market." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Almond Milk market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Almond Milk market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Almond Milk Market Study

Data Triangulation
The overall Almond Milk market size is calculated using market estimation process, the Almond Milk market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Almond Milk market size has been validated using both top-down and bottom-up approaches.

Praveen Kumar

Head & Director of Sales