Almond Milk Market Research Report By Product Type (Sweetened Almond Milk, Unsweetened Almond Milk, Flavored Almond Milk, Organic Almond Milk), By Packaging Type (Carton, Tetra Pack, Bottle, Pouch), By Distribution Channel (Supermarkets, Health Food Stores, Online Retailers, Convenience Stores), By End Use (Household, Food Service, Beverage Industry) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

Almond Milk Market Summary

As per MRFR Analysis, the Global Almond Milk Market is experiencing significant growth, driven by increasing health consciousness and a shift towards plant-based diets. The market size was estimated at 2.76 USD Billion in 2023 and is projected to reach 10 USD Billion by 2035, with a CAGR of 11.3% from 2025 to 2035. Key drivers include rising lactose intolerance, the adoption of vegan diets, and innovations in product development. The market is also benefiting from expanding distribution channels, including e-commerce, which enhances consumer accessibility.

Key Market Trends & Highlights

The Global Almond Milk Market is characterized by several key trends.

• Market size in 2024: 3.08 USD Billion; projected to reach 10 USD Billion by 2035.
• 39% of consumers seek non-dairy alternatives due to lactose intolerance and health concerns.
• Flavored almond milk products have seen a sales growth of approximately 20% year-on-year.
• The number of vegans has risen by 600% globally in the past three years.

Market Size & Forecast

2023 Market Size: USD 2.76 Billion

2024 Market Size: USD 3.08 Billion

2035 Market Size: USD 10 Billion

CAGR (2025-2035): 11.3%

Largest Regional Market Share in 2024: North America.

Major Players

Key Companies include Earth Balance, MALK Organics, Pure Harvest, Ripple Foods, Silk, Minor Figures, Vegan Deluxe, So Delicious, Blue Diamond Growers, Dream, Reed's, Inc., Oatly, Califia Farms, Almond Breeze, Nutty Life.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Almond Milk Market Trends Highlighted

More and more people are becoming health-conscious, which is driving the Almond Milk Market. Many people are switching to plant-based diets because they think they are better for their health. Almond milk is a popular option for those who want to lose or maintain their weight since it has fewer calories than dairy milk. Also, more people are looking for dairy-free options since they are becoming more conscious of lactose intolerance and dairy allergies. Almond milk is becoming more popular as a good choice. There are a lot of chances for new products to come out in the Almond Milk Market. Companies are looking at flavoured and fortified choices to meet the needs of different customers.

 This means adding vitamins, minerals, and other ingredients to almond milk to make it healthier, which will appeal to health-conscious consumers. Also, the rise of eco-friendly and sustainable packaging might appeal to environmentally concerned shoppers, giving firms a chance to stand out in a crowded market. Almond milk is becoming more and more common in foods other than drinks, such as baked goods, ice cream, and cereals. This change in consumer behavior shows that almond milk is no longer merely a drink; it can also be utilized in many different ways in cooking.

 Also, businesses are focusing on the environmental advantages of almond cultivation and the fact that almond milk might be an eco-friendlier choice than regular dairy because of worries about sustainability. All of these things are changing the Almond Milk Market.

Almond Milk Market Drivers

Growing Awareness of Health Benefits

The Almond Milk Market Industry is experiencing significant growth driven by the increasing awareness of the health benefits associated with almond milk. Numerous studies have shown that almond milk is lower in calories compared to whole milk and is rich in vitamins and minerals, making it an appealing substitute for those seeking healthier dietary options. For instance, a report by the European Food Safety Authority indicates that almond milk is fortified with essential nutrients like Vitamin E, which plays a crucial role in reducing oxidative stress and lowering the risk of chronic diseases.

This growing preference for health-conscious alternatives has led to an increase in demand, particularly among millennials and health enthusiasts. Major health organizations, including the World Health Organization, endorse plant-based diets, emphasizing the importance of incorporating alternatives like almond milk into daily nutrition. As a result, the Almond Milk Market is projected to witness continuous expansion as consumers shift towards healthier lifestyles.

Rise in Vegan and Plant-Based Diet Trends

The Almond Milk Market Industry is significantly propelled by the rising trends of veganism and plant-based diets. According to a report from the Food and Agriculture Organization, the number of vegans and individuals adopting plant-based diets has increased by approximately 600% since 2014 worldwide. This trend is pushing consumers to seek alternatives to dairy products, leading to higher consumption of almond milk. Furthermore, the Vegan Society reported that concerns over animal welfare and environmental sustainability are primary motivators for the shift towards plant-based diets.

As more individuals in various regions choose vegan lifestyles, the demand for almond milk continues to surge, positioning the Almond Milk Market for sustained growth.

Increasing Lactose Intolerance Awareness

The Almond Milk Market Industry is further driven by a rising awareness of lactose intolerance among consumers. According to the National Institute of Health, around 68% of the population experiences some form of lactose intolerance, making dairy consumption uncomfortable. This condition encourages a growing segment of the population to seek non-dairy alternatives, such as almond milk, which is naturally lactose-free. As awareness continues to expand through health advocacy campaigns and educational programs within various regions, more consumers are switching to almond milk as a substitute, positively influencing the growth of the Almond Milk Market.

Almond Milk Market Segment Insights

Almond Milk Market Product Type Insights

The Almond Milk Market has exhibited a robust trajectory, particularly within its Product Type segmentation, where diverse varieties cater to varied consumer preferences. By 2024, the total valuation of this segment is expected to encompass an overall market value of approximately 3.08 USD Billion. Among the different product types, Sweetened Almond Milk commands a significant share, forecasting a valuation of 0.936 USD Billion in 2024, and demonstrating its appeal to consumers seeking sweeter options, thereby establishing a majority holding within the market.

Unsweetened Almond Milk follows closely with a valuation of 0.921 USD Billion in 2024, driven by health-conscious trends favoring lower sugar content, making it an essential choice for those prioritizing a clean label product. The Flavored Almond Milk segment, valued at 0.619 USD Billion in 2024, captures the attention of consumers looking for unique taste experiences, reflecting a shift towards innovative flavor offerings in the market. Meanwhile, Organic Almond Milk, valued at 0.604 USD Billion in 2024, caters to the increasing demand for organic products that align with sustainable practices, indicating its importance for eco-conscious consumers.

As the Almond Milk Market continues to expand, these product types not only enhance market growth but signify a broader trend towards plant-based and dairy alternatives, with each segment playing a critical role in addressing varying consumer demands across the globe. The diversity within these segments illustrates an adaptation to evolving dietary preferences, underlining the dynamic nature of the Almond Milk Market.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Almond Milk Market Packaging Type Insights

The Almond Milk Market exhibits notable growth, with the Packaging Type segment playing a crucial role in its expansion. As of 2024, the overall market is expected to be valued at 3.08 USD Billion, with the trend continuing in the coming years. The market segmentation for Packaging Type includes several forms such as Carton, Tetra Pack, Bottle, and Pouch. Each of these options serves distinct consumer preferences and functional needs. Cartons and Tetra Packs are significant in the market due to their convenience and sustainability features, appealing to eco-conscious consumers.

Bottles offer a premium look and are favored for on-the-go consumption, while Pouches provide innovative packaging solutions that cater to convenience-seeking customers. The versatility of these packaging forms supports market growth by meeting diverse consumer demands across various regions globally. Factors driving this market segment include increasing health awareness and adoption of plant-based diets. Overall, the Almond Milk Market data indicates a strong trajectory, highlighting the importance of packaging in influencing consumer choices and enhancing product accessibility in various retail environments.

Almond Milk Market Distribution Channel Insights

The Almond Milk Market revenue has been experiencing significant growth, particularly through various distribution channels, which are essential for reaching diverse consumer segments. By 2024, the market is projected to be valued at 3.08 USD Billion, reflecting a burgeoning interest in plant-based beverages. Supermarkets play a crucial role in the distribution of almond milk, offering extensive access to customers looking for easy and convenient purchases. Health food stores, on the other hand, cater to health-conscious consumers, often providing a range of organic and specialty almond milk options that appeal to this growing demographic.

Online retailers have gained traction due to the demand for convenience and home delivery services, becoming increasingly popular among busy consumers. Convenience stores also contribute, particularly in urban settings, facilitating impulse buys and quick purchases. Overall, these channels collectively contribute to the Almond Milk Market segmentation, responding to changing consumer preferences and lifestyle, thereby driving market growth. The trends indicate a robust demand fueled by health awareness and eco-consciousness, positioning almond milk as a staple choice for many consumers globally.

Almond Milk Market End Use Insights

The Almond Milk Market, with a projected revenue of 3.08 USD Billion in 2024, showcases dynamic segments focusing on End Use, significantly influenced by consumer preferences towards healthier options. The Household segment has seen substantial growth as more consumers adopt plant-based diets, contributing to the rising demand for almond milk as a dairy alternative. The Food Service segment is evolving, driven by various restaurants and cafes incorporating almond milk into their offerings, catering to health-conscious patrons. The Beverage Industry is also witnessing a shift, with almond milk being utilized in smoothies, coffees, and other beverages, reflecting the growing trend of personalized nutrition.

As the Almond Milk Market data illustrates, these segments not only represent diverse applications but also underline the industry's potential for expansion, with an expected compound annual growth rate (CAGR) of 11.3 percent from 2025 to 2035. The increasing adoption of almond milk across these segments indicates a move towards a more sustainable and health-oriented consumer base, presenting significant opportunities for growth while addressing challenges such as market competition and sourcing raw materials.

Almond Milk Market Regional Insights

The Almond Milk Market has shown significant regional variations, reflecting diverse consumer preferences and market dynamics. In 2024, North America leads with a valuation of 1.2 USD Billion, projected to grow to 4.0 USD Billion by 2035, highlighting its majority holding in the market, driven by increasing health awareness and demand for plant-based alternatives. Europe follows, valued at 0.9 USD Billion in 2024 and expected to reach 3.0 USD Billion in 2035, as consumers increasingly prioritize lactose-free options and sustainability. South America, although smaller, shows promising growth with valuations of 0.3 USD Billion in 2024, growing to 1.0 USD Billion by 2035, indicating rising acceptance of almond milk.

The Asia Pacific region, valued at 0.5 USD Billion in 2024 and forecasted to reach 1.8 USD Billion by 2035, reflects growing urbanization and changing dietary habits that favor dairy alternatives. Lastly, the Middle East and Africa lag behind with a valuation of 0.18 USD Billion in 2024, projected to reach 0.2 USD Billion by 2035, representing a nascent market with potential for growth driven by increasing health consciousness. Each region plays a crucial role in the overall landscape of the Almond Milk Market, with North America and Europe positioned as the most dominant players due to their established markets and consumer demand for innovative, health-oriented products.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Almond Milk Market Key Players and Competitive Insights

The Almond Milk Market has seen significant growth due to rising consumer preference for plant-based alternatives and increasing awareness about health and wellness. Competitive insights reveal that companies within this space are leveraging innovative marketing strategies, product diversification, and sustainability initiatives to capture market share. With a variety of brands vying for the attention of health-conscious consumers, the landscape is characterized by heightened competition driven by both established players and emerging startups. The market dynamics are influenced by changing consumer behaviors, demand for lactose-free options, and the growing vegan lifestyle, prompting companies to diversify their offerings and enhance product visibility through various distribution channels. As a result, significant investment in research and development, as well as branding, has become essential for maintaining a competitive edge in this rapidly evolving sector.

Pacific Foods has carved out a notable presence in the Almond Milk Market with its emphasis on natural and organic ingredients, ensuring that their products appeal to health-conscious consumers. The brand is recognized for its commitment to sustainability, sourcing high-quality almonds, and producing almond milk that prioritizes nutritional value without artificial additives. Its strengths lie in effective marketing strategies, robust distribution networks, and a loyal customer base that appreciates wholesome, plant-based options. Furthermore, Pacific Foods consistently develops innovative flavors and formulations, allowing it to cater to diverse consumer preferences and adapt to the shifting demands of the market. This commitment to quality and innovation solidifies Pacific Foods’ position in the competitive landscape of almond milk.

Elmhurst 1925 stands out in the Almond Milk Market with its dedication to transparent ingredient sourcing and a focus on minimal processing, which appeals to consumers looking for authenticity and quality in plant-based products. The company has made a name for itself with its unique approach to producing almond milk with a simple ingredient list, allowing for greater purity and taste. Elmhurst 1925 offers a range of almond milk varieties, including unsweetened and flavored options, thus catering to various consumer tastes. The company maintains a strong market presence through direct-to-consumer sales channels, enhancing accessibility for its loyal customer base. Elmhurst 1925 is also known for its innovative approach in product development, which has attracted attention and fostered partnerships with other brands, thereby enabling key mergers and acquisitions that strengthen its market position. Overall, Elmhurst 1925's focus on quality, transparency, and innovation contributes to its competitive advantage in the rapidly growing almond milk segment on a scale.

Key Companies in the Almond Milk Market Include

• Pacific Foods


• Elmhurst 1925


• Blue Diamond Growers


• Silk


• Vitasoy International Holdings


• Alpro


• MALK Organics


• So Delicious Dairy Free


• Califia Farms


• Dream

Almond Milk Market Industry Developments

The Almond Milk Market has recently been influenced by several notable developments and current affairs. A significant shift in consumer preferences towards plant-based alternatives has led to an increased demand for almond milk, with companies like Pacific Foods and Elmhurst 1925 expanding their product offerings to cater to health-conscious consumers. In February 2023, Blue Diamond Growers announced their plans for an expansion in production capacity to meet the rising demand. Additionally, in March 2023, Silk launched a new line of almond milk products targeting the growing organic segment. In terms of mergers and acquisitions, April 2023 saw So Delicious Dairy Free acquire Nutty Life, enhancing its portfolio in the non-dairy segment. Vitasoy International Holdings has also made strides by increasing its market share through strategic partnerships. The market valuation is expected to grow significantly, driven by health trends and broader acceptance of dairy alternatives. In the past two years, Califia Farms has experienced substantial growth, further demonstrating the robustness of the almond milk market on a scale. The surge in almond milk popularity reflects changing dietary preferences and an increased focus on plant-based nutrition across various regions.

Almond Milk Market Segmentation Insights

Almond Milk Market Product Type Outlook

• Sweetened Almond Milk


• Unsweetened Almond Milk


• Flavored Almond Milk


• Organic Almond Milk

Almond Milk Market Packaging Type Outlook

• Carton


• Tetra Pack


• Bottle


• Pouch

Almond Milk Market Distribution Channel Outlook

• Supermarkets


• Health Food Stores


• Online Retailers


• Convenience Stores

Almond Milk Market End Use Outlook

• Household


• Food Service


• Beverage Industry

Almond Milk Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa

Report Attribute/Metric	Details
Market Size 2023	2.76(USD Billion)
Market Size 2024	3.08(USD Billion)
Market Size 2035	10.0(USD Billion)
Compound Annual Growth Rate (CAGR)	11.3% (2025 - 2035)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year	2024
Market Forecast Period	2025 - 2035
Historical Data	2019 - 2024
Market Forecast Units	USD Billion
Key Companies Profiled	Pacific Foods, Elmhurst 1925, Blue Diamond Growers, Silk, Vitasoy International Holdings, Alpro, MALK Organics, So Delicious Dairy Free, Califia Farms, Dream
Segments Covered	Product Type, Packaging Type, Distribution Channel, End Use, Regional
Key Market Opportunities	Rising vegan and vegetarian trends, Growing health-conscious consumer base, Expansion in foodservice and cafes, Innovations in flavors and formulations, Sustainable packaging solutions.
Key Market Dynamics	growing health consciousness, increasing vegan population, rising dairy alternatives demand, product innovation and flavor variety, sustainable sourcing practices
Countries Covered	North America, Europe, APAC, South America, MEA