Almond Milk Market - Forecasts from 2019 to 2024

Almond Milk Market - Forecasts from 2019 to 2024

The almond milk market is projected to grow at a CAGR of X.XX% to reach US$X.XXX billion in 2024 from US$X.XXX billion in 2018.

Almond milk refers to the plant-based milk produced from almonds, it has various nutritional benefits. Almond milk has no cholesterol and is also free from casein as well as lactose, it is a great alternative to dairy-based products especially for people who are lactose intolerant. According to the National Library of Medicine (NLM), approximately 65 percent of the human population has a reduced ability to digest lactose after infancy. Lactose intolerance in adulthood is most prevalent in people of East Asian descent, affecting more than 90 percent of adults in some of these communities. Lactose intolerance is also very common in people of West African, Arab, Jewish, Greek, and Italian descent but only about 5 percent of people of Northern European descent are lactose intolerant. {source: National Library of Medicine (NLM)}.

Additionally, unsweetened almond milk has a lower calorie content than compared to its plant-based counterpart soy milk as well as from cow’s milk, as a result, people who are conscious about their health prefer it which will influence the growth of the market making it one of the key drivers during the forecast period. Availability of substitute products such as plant-based milk such as soy and rice milk as well as cow milk is impacting almond milk’s growth in the market.

Geographically, Asia Pacific is estimated to hold a significant share in the market during the forecast period due to the high number of people having lactose intolerance. North America region is anticipated to have a significant market share as a high percentage of lactose intolerant population is present with the emerging trend for the preferences for vegan food.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottoms-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Almond Milk value chain. The last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting

Major industry players profiled as part of the report are Daiya Foods Inc., Hain Celestial Group, Whitewave Foods , Sunopta Inc., among others.

Segmentation

The almond milk market has been analyzed through following segments:

By Type

Unsweetened

Sweetened

Flavoured

Low Fat

Non Fat

 

By Distribution Channels

Online

Offline

 

By Packaging Material

Glass

Carton

Others

 

By Geography

North America

USA

Canada

Mexico

Others

 

South America

Brazil

Argentina

Others

 

Europe

Germany

France

United Kingdom

Spain

Others

 

Middle East and Africa

Saudi Arabia

Israel

Others

 

Asia Pacific

China

Japan

South Korea

India

Others

 

Target audience

Manufacturers

Suppliers

Distributors

Service Providers

Government Agencies

Research Organizations

Consultants

 

Key insights offered

What will be the almond milk market size from 2019 to 2024?

How are the major drivers and restraints affecting the almond milk market growth and the opportunities which exist for key vendors?

Which segment and region will drive or lead the market growth and why?

A comprehensive analysis of competitive landscape and key market participants’ behaviour

Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY  
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. ALMOND MILK MARKET BY TYPE
5.1. Unsweetened
5.2. Sweetened
5.3. Flavoured
5.4. Low Fat
5.5. Non Fat
6. ALMOND MILK MARKET BY DISTRIBUTION CHANNELS
6.1. Online
6.2. Offline
7. ALMOND MILK MARKET BY PACKAGING MATERIALS
7.1. Glass
7.2. Carton
7.3. Others
8. ALMOND MILK MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.1.4. Others
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. Israel
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1.  Market Share Analysis
9.2.  Recent Investment and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Daiya Foods Inc.
10.2. Hain Celestial Group 
10.3. Whitewave Foods 
10.4. Sunopta Inc.
10.5. Blue Diamond Growers
LIST OF FIGURES
LIST OF TABLES
DISCLAIMER 

Daiya Foods Inc.

Hain Celestial Group

Whitewave Foods

Sunopta Inc.

Blue Diamond Growers

  • SKU:
  • Publishing Date: 2019-03-07
  • Product Code: 1
  • Availability: In Stock
  • $3,950.00
  • Ex Tax: $3,950.00

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