Almond Milk Market Size, Competitive Landscape, Future Trends and Forecast 2027
The increased
preference for vegan food preferences is estimated to bolster the Almond Milk
Market Size in 2020. The food, beverages & nutrition reports are prepared
by Market Research Future, which consists of market selections for advance. The
market is set to gain USD 4.12 billion in revenue by 2024, with the backing of
a CAGR of 12.8 % in the forecast period.
The preference for
plant-based beverages has increased substantially, and this is estimated to
create optimistic options for the expansion of the Almond Milk Market Size
companies. The consumer focus on healthy lifestyle choices is estimated to
promote the Almond Milk Market Size share in the forecast period.
Key
Players
Elmhurst
Milked Direct LLC (US), Blue Diamond Growers (US), Hain Celestial Group (US),
Natura Foods (Canada), Daiya Foods Inc. (Canada), Sunopta Inc. (Canada), Three
Trees Organic (US), Malk Organics (US), Pacific Foods of Oregon, LLC. (US) Rude
Health (UK), Orgain, Inc. (US), Danone (France), Califia Farms (US), New Barn
Organics (US), Hiland Dairy Foods Company, LLC (US) are some of the strategic
companies in the Almond Milk Market Size.
Market Segmentation:
The segmental examination of the Almond Milk Market Size has been segmented based
on packaging type, category, distribution channel, and region. On the basis of
packaging type, the Almond Milk Market Size has been segmented into cans,
bottles, and cartons. On the basis of regions, the Almond Milk Market Size has
been segmented into Europe, Asia Pacific, North America, and other notable
regions. On the basis of category, the Almond
Milk Market Size has been segmented into conventional and organic. Based on the
distribution channel, the Almond Milk Market Size has been split into
store-based and non-store-based. The store-based segment is additionally
sub-segmented into convenience stores, supermarkets & hypermarkets, and
others.
Access Report @ https://www.marketresearchfuture.com/reports/almond-milk-market-2872
Regional Analysis
The regional overview of the Almond Milk Market Size
has been conducted for regions such as Europe, Asia Pacific, North America, and
other notable regions. The North American Almond Milk Market Size is projected
to rule the market in the forecast period. The US national market is the
foremost backing country in this region for the advance of the Almond Milk
Market Size. The elevated commonness of lactose intolerance in the US is
propelling the progress of the Almond Milk Market Size in this region. The
European Almond Milk Market Size also holds a momentous share in the global
market. The growing vegan population and intensifying predisposition towards
plant-based beverages are estimated to lift the development of the Almond Milk
Market Size in this region. However, the Almond Milk Market Size in the Asia
Pacific is observed to be a rewarding market for the progress of the market.
The collective infiltration of the almond milk creators in the emerging
countries of the Asia Pacific is motivating the development of the Asia Pacific
Almond Milk Market Size all through the forecast period.
NOTE: Our Team of Researchers
are Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
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