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Global Almond Milk Market Research Report- Forecast to 2022
- ID: MRFR/F-B & N/2126-CRR |
- June, 2017 |
- Region: Global |
- 150 pages |
- Cooked Research Reports
Global Almond Milk Market Information- by Application (Food, Beverages) by Formulations (Plain, Flavored), by Distribution Channel (Store based and Non store based) and Region (North America, Europe, Asia Pacific and Rest of the world) - Forecast to 2022
Report Description
Market Scenario
Almond Milk is a substitute of the animal based traditional milk products. Almond Milk is derived from the almond and is lactose and casein free. Almond milk comes in various types sweetened, unsweetened, plain, and flavored, and is usually improved with vitamins. It can also be prepared at home by using a blender, almonds and water.
There has been increasing incidence of lactose intolerance across the globe. People who are lactose intolerant lack enzyme (lactase) in their small intestine to break down all of the lactose consumed. Lactose intolerance encompass dairy products allergy, disaccharide deficiency, lactase deficiency or milk intolerance and the partially digested or undigested lactose leads to pain, abdominal bloating, diarrhea, skin problems, sleep disturbances, tiredness and other health problems. Lactose intolerants cannot ingest dairy products as it leads to nausea, abdominal pain, abdominal gas & flatulence, vomiting, perianal redness, acidic diarrhea, and various other health issues.
Growing concern on animal welfare, human health and the environment has led to the rising trend of veganism which has become a mainstream now. Vegan diet is considered not only a sustainable choice but also healthy. The appeal and potential of vegan diet has grown popular over the years as people avoid animal products due to ethical reasons and seek healthier and cleaner products.
All the above factors are anticipated to fuel the sales of almond milk during the forecast period
Regional Analysis
The global almond milk market is segmented into North America, Europe, Asia Pacific and Rest of the world. Among these, Asia Pacific is projected to retain its dominance throughout the forecast period. Robust economic growth, rising urbanization, explosion of in the middle class population are the significant factors of the growth of Almond Milk in Europe region. Europe is estimated to account healthy market proportion of 20.00% by the end of 2017. This is contributed by the vegan diet is gaining acceptance in the European countries which is anticipated to fuel the growth of almond milk during the forecast period. North America region is also projected to register a healthy growth of 15.27% during the forecast period of 2017-2022.
Segments
On the basis of application, global Almond Milk market has been segmented into food & beverages. Beverages segment is projected to account maximum market proportion throughout the forecast period. However, food segment is estimated to grow at a fast pace during the review period of 2017-2022. On the basis of formulations, global Almond Milk market has been segmented into plain & flavored. On the basis of distribution channel, global Almond Milk market has been segmented into store based and non-store based. Store based segment has been segmented into supermarkets & hypermarkets, health & wellness, pharmacy, convenience stores and others.
Key Players
The leading market players in the global Almond Milk market primarily are Blue Diamond Growers (U.S.), Hain Celestial Group (U.S.), Whitewave Foods (France), Sunopta Inc.(Canada), Daiya Foods Inc. (Canada), Galaxy Nutritional Foods, Inc. (U.S.), Tofutti Brands Inc. (U.S.)
Target Audience
- Almond Milk manufacturers
- Raw material suppliers
- End users
- Retailers and wholesalers
- E-commerce companies
- Traders, importers and exporters
Key Findings
- Asia Pacific is estimated to retain its dominance throughout the forecast period and to grow at a substantial CAGR of 15.44%. Among the Asia pacific country, China is accounting maximum market proportion of 25.80% in the Asia Pacific Almond Milk market by the end of 2017. This is attributed by the rising lactose intolerance and various allergy.
- Rising vegan diet trend & urbanization has spurred the growth of Almond Milk market
Regional and Country Analysis of Almond Milk Market Development and Demand Forecast to 2022 Market
As per the MRFR analysis, the global Almond Milk market is poised to reach USD 4.75 Bn in 2022, to grow at a CAGR of 15.19% during the forecasted period.
The reports also cover country level analysis:
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Italy
- U.K
- Spain
- Rest of Europe
Asia–Pacific
- China
- India
- Japan
- Australia & New Zealand
- Indonesia
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East
- Others
Table of Contents
1 Executive Summary 13
2 Introduction 14
2.1 Definition 14
2.1.1 Almond Milk 14
2.2 Scope of the Study 15
2.2.1 Research Methodology 15
2.3 Assumptions 15
2.4 Limitations 15
2.5 Market Structure 15
3 Research Methodology 17
3.1 Research Process 17
3.2 Primary Research 19
3.3 Secondary Research 20
3.4 Forecast Model 21
4 Premium Insights 22
4.1 Global Almond Milk Market: Market Mapping & Research Methodology 22
4.2 Market Overview: Global Almond Milk Market 23
4.3 Industry Trends and Market Environment: Global Almond Milk Market 24
5 Market Dynamics 26
5.1 Introduction 26
5.2 Drivers 27
5.2.1 Increasing demand for convenience food 27
5.2.1.1 Increasing Disposable Incomes 27
5.2.2 Strong Performance Of Retail Sector 28
5.2.3 Strong performance of food service industry 29
5.2.4 Increasing lactose intolerance 29
5.2.5 Growing consumer preference for vegan diet 31
5.3 Restraints 32
5.3.1 Higher price of Almond Milk 32
5.3.2 Lack of awareness about Almond Milk 32
5.4 Opportunities 33
5.4.1 Huge investments in R&D and new product developments 33
5.4.2 Government initiatives and funding to support the farmers 33
5.4.3 Explosion of social media and use of right marketing strategies 33
5.4.4 Massive opportunity in the beverages industry 34
5.5 Challanges 34
5.5.1 Branding issues 34
5.6 Innovation in application and process 35
5.7 Pestle Analysis – Global Almond Milk Market 35
6 Market Factor Analysis 39
6.1 Introduction 39
6.2 Value Chain Analysis 39
6.3 Value Chain Analysis 40
6.4 Supply Chain Analysis 41
6.5 Porter's Five Forces 42
6.5.1 Porter's 5 Forces Analysis: Almond Milk 42
6.5.2 Threat of New Entrants 43
6.5.3 Threat of Substitutes 43
6.5.4 Bargaining Power of Buyers 44
6.5.5 Bargaining Power of Suppliers 44
6.5.6 Intensity of Rivalry 45
7 Global Almond Milk Market, By Application 46
7.1 Introduction 46
7.2 Global Almond Milk Market, By Application 46
8 Global Almond Milk Market, By Formulations 48
8.1 Introduction 48
8.2 Global Almond Milk Market, By Formulations 48
9 Global Almond Milk Market, By Distribution Channel 50
9.1 Introduction 50
9.2 Global Almond Milk Market- By Distributional Channel Segmentation 50
10 Global Almond Milk Market, By Region 53
10.1 Introduction 53
10.2 Global Almond Milk Market, By Region 53
11 North America Almond Milk Market Analysis 55
11.1 North America Almond Milk Market, By Country 55
11.2 North America Almond Milk Market, By Application 56
11.3 North America Almond Milk Market, By Formulation 57
11.4 North America Almond Milk Market, By Distribution Channel 58
11.5 U.S. 59
11.6 Canada 62
11.7 Mexico 65
12 Europe Almond Milk Market Analysis 69
12.1 Europe Almond Milk Market, By Country 69
12.2 Europe Almond Milk Market, By Application 70
12.3 Europe Almond Milk Market, By Formulation 71
12.4 Europe Almond Milk Market, By Distribution Channel 72
12.5 U.K. 73
12.6 Germany 76
12.7 France 79
12.8 Italy 82
12.9 Spain 85
12.10 Rest of Europe 88
13 Asia Pacific Almond Milk Market Analysis 92
13.1 Asia Pacific Almond Milk Market, By Country 92
13.2 Asia Pacific Almond Milk Market, By Application 93
13.3 Asia Pacific Almond Milk Market, By Formulation 94
13.4 Asia Pacific Almond Milk Market, By Distribution Channel 95
13.5 China 96
13.6 India 99
13.7 Japan 102
13.8 Australia & New Zealand 105
13.9 Indonesia 108
13.10 Rest of Asia Pacific 111
14 Rest of the World Almond Milk Market Analysis 115
14.1 Rest of the World Almond Milk Market, By Country 115
14.2 Rest of the World Almond Milk Market, By Application 116
14.3 Rest of the World Almond Milk Market, By Formulation 117
14.4 Rest of the World Almond Milk Market, By Distribution Channel 118
14.5 Latin America 119
14.6 Middle East 122
14.7 Others 125
15 Competitive Landscape 129
15.1 Introduction 129
16 Company Profile 132
16.1 Blue Diamond Growers 132
16.1.1 Overview 132
16.1.2 Company Snapshot 132
16.1.3 Business Strategies 133
16.1.4 Key Developments 133
16.1.5 SWOT Analysis 134
16.2 Hain Celestial Group 135
16.2.1 Overview 135
16.2.2 Company Snapshot 135
16.2.3 Product Portfolio 136
16.2.4 Business Strategies 136
16.2.5 Key Developments 137
16.2.6 SWOT Analysis 137
16.3 Whitewave Foods 138
16.3.1 Overview 138
16.3.2 Company Snapshot 138
16.3.3 Product Portfolio 139
16.3.4 Business Strategies 139
16.3.5 Key Developments 139
16.3.6 SWOT Analysis 140
16.4 Sunopta Inc. 141
16.4.1 Overview 141
16.4.2 Company Snapshot 141
16.4.3 Business Strategies 141
16.4.4 Key Developments 142
16.5 Daiya Foods Inc. 143
16.5.1 Overview 143
16.5.2 Company Snapshot 143
16.5.3 Product Portfolio 144
16.5.4 Business Strategies 144
16.6 Galaxy Nutritional Foods, Inc. 146
16.7 Tofutti Brands Inc. 148
16.7.1 Overview 148
16.7.3 Business Strategies 149
List of Tables
TABLE 1 FORECAST REAL GDP GROWTH (PER ANNUM) 28
TABLE 2 LACTOSE SENTIVITY LEVEL AND DAILY TOLERANCE LIMIT 30
TABLE 3 DIFFERENTIATION BETWEEN LACTOSE INTOLERANCE AND COW’S MILK PROTEIN (COMP) ALLERGY 30
TABLE 4 FAT, PROTIEN AND LACTOSE CONTENT PROFILE 30
TABLE 5 PESTLE ANALYSIS-GERMANY 35
TABLE 6 PESTLE ANALYSIS- U.S. 36
TABLE 7 PESTLE ANALYSIS- CHINA 37
TABLE 8 GLOBAL ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 47
TABLE 9 GLOBAL ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD 47
TABLE 10 GLOBAL ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 49
TABLE 11 GLOBAL ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD 49
TABLE 12 GLOBAL ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 51
TABLE 13 GLOBAL ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 51
TABLE 14 GLOBAL ALMOND MILK MARKET, BY REGION (2009-2016), USD MN 54
TABLE 15 GLOBAL ALMOND MILK MARKET, BY REGION (2017-2022), USD MN 54
TABLE 16 NORTH AMERICA ALMOND MILK MARKET, VALUE (2009-2016), USD MN 55
TABLE 17 NORTH AMERICA ALMOND MILK MARKET, VALUE (2017-2022), USD MN 55
TABLE 18 NORTH AMERICA ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 56
TABLE 19 NORTH AMERICA ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD 56
TABLE 20 NORTH AMERICA ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 57
TABLE 21 NORTH AMERICA ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD 57
TABLE 22 NORTH AMERICA ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 58
TABLE 23 NORTH AMERICA ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 58
TABLE 24 U.S. ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 59
TABLE 25 U.S. ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD 59
TABLE 26 U.S. ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 60
TABLE 27 U.S. ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD MN 60
TABLE 28 U.S. ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 61
TABLE 29 U.S. ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 61
TABLE 30 CANADA ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 62
TABLE 31 CANADA ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 62
TABLE 32 CANADA ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 63
TABLE 33 CANADA ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD 63
TABLE 34 CANADA ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 64
TABLE 35 CANADA ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 64
TABLE 36 MEXICO ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 65
TABLE 37 MEXICO ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 65
TABLE 38 MEXICO ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 66
TABLE 39 MEXICO ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD 66
TABLE 40 MEXICO ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 67
TABLE 41 MEXICO ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 67
TABLE 42 EUROPE ALMOND MILK MARKET, VALUE (2009-2016), USD MN 69
TABLE 43 EUROPE ALMOND MILK MARKET, VALUE (2017-2022), USD MN 69
TABLE 44 EUROPE ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 70
TABLE 45 EUROPE ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD 70
TABLE 46 EUROPE ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 71
TABLE 47 EUROPE ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD 71
TABLE 48 EUROPE ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 72
TABLE 49 EUROPE ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 72
TABLE 50 U.K. ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 73
TABLE 51 U.K. ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 73
TABLE 52 U.K. ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 74
TABLE 53 U.K. ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD MN 74
TABLE 54 U.K. ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 75
TABLE 55 U.K. ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 75
TABLE 56 GERMANY ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 76
TABLE 57 GERMANY ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 76
TABLE 58 GERMANY ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 77
TABLE 59 GERMANY ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD MN 77
TABLE 60 GERMANY ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 78
TABLE 61 GERMANY ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 78
TABLE 62 FRANCE ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 79
TABLE 63 FRANCE ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 79
TABLE 64 FRANCE ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 80
TABLE 65 FRANCE ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD MN 80
TABLE 66 FRANCE ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 81
TABLE 67 FRANCE ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 81
TABLE 68 ITALY ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 82
TABLE 69 ITALY ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 82
TABLE 70 ITALY ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 83
TABLE 71 ITALY ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD MN 83
TABLE 72 ITALY ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 84
TABLE 73 ITALY ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 84
TABLE 74 SPAIN ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 85
TABLE 75 SPAIN ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 85
TABLE 76 SPAIN ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 86
TABLE 77 SPAIN ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD MN 86
TABLE 78 SPAIN ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 87
TABLE 79 SPAIN ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 87
TABLE 80 REST OF EUROPE ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 88
TABLE 81 REST OF EUROPE ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 88
TABLE 82 REST OF EUROPE ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 89
TABLE 83 REST OF EUROPE ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD 89
TABLE 84 REST OF EUROPE ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 90
TABLE 85 REST OF EUROPE ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 90
TABLE 86 ASIA PACIFIC ALMOND MILK MARKET, VALUE (2009-2016), USD MN 92
TABLE 87 ASIA PACIFIC ALMOND MILK MARKET, VALUE (2017-2022), USD MN 92
TABLE 88 ASIA PACIFIC ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 93
TABLE 89 ASIA PACIFIC ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD 93
TABLE 90 ASIA PACIFIC ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 94
TABLE 91 ASIA PACIFIC ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD 94
TABLE 92 ASIA PACIFIC ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 95
TABLE 93 ASIA PACIFIC ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 95
TABLE 94 CHINA ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 96
TABLE 95 CHINA ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 96
TABLE 96 CHINA ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 97
TABLE 97 CHINA ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD MN 97
TABLE 98 CHINA ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 98
TABLE 99 CHINA ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 98
TABLE 100 INDIA ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 99
TABLE 101 INDIA ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 99
TABLE 102 INDIA ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 100
TABLE 103 INDIA ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD MN 100
TABLE 104 INDIA ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 101
TABLE 105 INDIA ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 101
TABLE 106 JAPAN ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 102
TABLE 107 JAPAN ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 102
TABLE 108 JAPAN ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 103
TABLE 109 JAPAN ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD MN 103
TABLE 110 JAPAN ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 104
TABLE 111 JAPAN ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 104
TABLE 112 AUSTRALIA & NEW ZEALAND ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 105
TABLE 113 AUSTRALIA & NEW ZEALAND ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 105
TABLE 114 AUSTRALIA & NEW ZEALAND ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 106
TABLE 115 AUSTRALIA & NEW ZEALAND ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD MN 106
TABLE 116 AUSTRALIA & NEW ZEALAND ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 107
TABLE 117 AUSTRALIA & NEW ZEALAND ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 107
TABLE 118 INDONESIA ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 108
TABLE 119 INDONESIA ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 108
TABLE 120 INDONESIA ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 109
TABLE 121 INDONESIA ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD 109
TABLE 122 INDONESIA ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 110
TABLE 123 INDONESIA ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 110
TABLE 124 REST OF ASIA PACIFIC ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 111
TABLE 125 REST OF ASIA PACIFIC ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 111
TABLE 126 REST OF ASIA PACIFIC ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 112
TABLE 127 REST OF ASIA PACIFIC ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD MN 112
TABLE 128 REST OF ASIA PACIFIC ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 113
TABLE 129 REST OF ASIA PACIFIC ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 113
TABLE 130 REST OF THE WORLD ALMOND MILK MARKET, VALUE (2009-2016), USD MN 115
TABLE 131 REST OF THE WORLD ALMOND MILK MARKET, VALUE (2017-2022), USD MN 115
TABLE 132 REST OF THE WORLD ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 116
TABLE 133 REST OF THE WORLD ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD 116
TABLE 134 REST OF THE WORLD ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 117
TABLE 135 REST OF THE WORLD ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD 117
TABLE 136 REST OF THE WORLD ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 118
TABLE 137 REST OF THE WORLD ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 118
TABLE 138 LATIN AMERICA ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 119
TABLE 139 LATIN AMERICA ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 119
TABLE 140 LATIN AMERICA ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 120
TABLE 141 LATIN AMERICA ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD MN 120
TABLE 142 LATIN AMERICA ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 121
TABLE 143 LATIN AMERICA ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 121
TABLE 144 MIDDLE EAST ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 122
TABLE 145 MIDDLE EAST ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 122
TABLE 146 MIDDLE EAST ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 123
TABLE 147 MIDDLE EAST ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD MN 123
TABLE 148 MIDDLE EAST ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 124
TABLE 149 MIDDLE EAST ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 124
TABLE 150 OTHERS ALMOND MILK MARKET, BY APPLICATION (2009-2016), USD MN 125
TABLE 151 OTHERS ALMOND MILK MARKET, BY APPLICATION (2017-2022), USD MN 125
TABLE 152 OTHERS ALMOND MILK MARKET, BY FORMULATIONS (2009-2016), USD MN 126
TABLE 153 OTHERS ALMOND MILK MARKET, BY FORMULATIONS (2017-2022), USD MN 126
TABLE 154 OTHERS ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2009-2016), USD MN 127
TABLE 155 OTHERS ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL (2017-2022), USD MN 128
TABLE 156 BLUE DIAMOND GROWERS: RECENT DEVELOPMENTS 133
TABLE 157 HAIN CELESTIAL GROUP 136
TABLE 158 HAIN CELESTIAL GROUP: RECENT DEVELOPMENTS 137
TABLE 159 WHITEWAVE BRANDS: PRODUCT PORTFOLIO 139
TABLE 160 WHITE WAVE BRANDS: RECENT DEVELOPMENTS 139
TABLE 161 SUNOPTA INC.: RECENT DEVELOPMENTS 142
TABLE 163 DAIYA FOODS INC. 144
TABLE 164 DAIYA FOODS INC.: RECENT DEVELOPMENTS 144
TABLE 165 GALAXY NUTRITIONAL FOODS, INC. 146
TABLE 166 GALAXY NUTRITIONAL FOODS, INC.: RECENT DEVELOPMENTS 147
TABLE 167 TOFUTTI BRANDS INC.: PRODUCT PORTFOLIO 148
TABLE 168 TOFUTTI BRANDS INC.: RECENT DEVELOPMENTS 149
List of Figures
FIGURE 1 RESEARCH PROCESS OF MRFR 18
FIGURE 2 PRIMARY RESEARCH PROCESS 19
FIGURE 3 SECONDARY RESEARCH PROCESS: TOP DOWN & BOTTOM UP APPROACH 20
FIGURE 4 FORECAST MODEL 21
FIGURE 5 MARKET SEGMENTATION: GLOBAL ALMOND MILK MARKET 23
FIGURE 6 PRODUCT LIFECYLE HYPOTHESIS: GLOBAL ALMOND MILK MARKET 24
FIGURE 7 PRODUCT LIFECYLE HYPOTHESIS: GLOBAL ALMOND MILK MARKET, BY REGION 25
FIGURE 8 ADULT LACTOSE INTOLERANCE, BY REGION 31
FIGURE 9 VALUE CHAIN ANALYSIS OF GLOBAL ALMOND MILK MARKET 39
FIGURE 10 SUPPLY CHAIN ANALYSIS OF GLOBAL ALMOND MILK MARKET 41
FIGURE 11 PORTER'S 5 FORCES ANALYSIS OF GLOBAL ALMOND MILK MARKET 42
FIGURE 12 GLOBAL ALMOND MILK MARKET, BY APPLICATION 46
FIGURE 13 GLOBAL ALMOND MILK MARKET, BY FORMULATIONS 48
FIGURE 14 GLOBAL ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL 50
FIGURE 15 GLOBAL ALMOND MILK MARKET, BY REGION 53
FIGURE 16 MAJOR PLAYER MARKET DEVELOPMENT SHARE 2012-2017 129
FIGURE 17 MAJOR PLAYER MARKET DEVELOPMENT SHARE OF THE KEY PLAYERS 2012-2017 130
FIGURE 18 STRATEGY ANALYSIS 131
FIGURE 19 BLUE DIAMOND GROWERS: 132
FIGURE 20 BLUE DIAMOND GROWERS: SWOT 134
FIGURE 21 HAIN CELESTIAL GROUP: SNAPSHOT 135
FIGURE 22 HAIN CELESTIAL GROUP: SWOT ANALYSIS 137
FIGURE 23 WHITEWAVE FOODS: SNAPSHOT 138
FIGURE 24 WHITEWAVE FOODS: SWOT ANALYSIS 140
FIGURE 25 SUNOPTA INC.: SNAPSHOT 141
FIGURE 26 DAIYA FOODS INC.: 143
FIGURE 27 DAIYA FOODS INC.: SWOT 145
FIGURE 28 GALAXY NUTRITIONAL FOODS, INC.: SNAPSHOT 146
FIGURE 29 TOFUTTI BRANDS INC SNAPSHOT 148
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Global Almond Milk Market Information- by Application (Food, Beverages) by Formulations (Plain, Flavored), by Distribution Channel (Store based and Non store based) and Region (North America, Europe, Asia Pacific and Rest of the world) - Forecast to 2022
Report Description
Market Scenario
Almond Milk is a substitute of the animal based traditional milk products. Almond Milk is derived from the almond and is lactose and casein free. Almond milk comes in various types sweetened, unsweetened, plain, and flavored, and is usually improved with vitamins. It can also be prepared at home by using a blender, almonds and water.
There has been increasing incidence of lactose intolerance across the globe. People who are lactose intolerant lack enzyme (lactase) in their small intestine to break down all of the lactose consumed. Lactose intolerance encompass dairy products allergy, disaccharide deficiency, lactase deficiency or milk intolerance and the partially digested or undigested lactose leads to pain, abdominal bloating, diarrhea, skin problems, sleep disturbances, tiredness and other health problems. Lactose intolerants cannot ingest dairy products as it leads to nausea, abdominal pain, abdominal gas & flatulence, vomiting, perianal redness, acidic diarrhea, and various other health issues.
Growing concern on animal welfare, human health and the environment has led to the rising trend of veganism which has become a mainstream now. Vegan diet is considered not only a sustainable choice but also healthy. The appeal and potential of vegan diet has grown popular over the years as people avoid animal products due to ethical reasons and seek healthier and cleaner products.
All the above factors are anticipated to fuel the sales of almond milk during the forecast period
Regional Analysis
The global almond milk market is segmented into North America, Europe, Asia Pacific and Rest of the world. Among these, Asia Pacific is projected to retain its dominance throughout the forecast period. Robust economic growth, rising urbanization, explosion of in the middle class population are the significant factors of the growth of Almond Milk in Europe region. Europe is estimated to account healthy market proportion of 20.00% by the end of 2017. This is contributed by the vegan diet is gaining acceptance in the European countries which is anticipated to fuel the growth of almond milk during the forecast period. North America region is also projected to register a healthy growth of 15.27% during the forecast period of 2017-2022.
Segments
On the basis of application, global Almond Milk market has been segmented into food & beverages. Beverages segment is projected to account maximum market proportion throughout the forecast period. However, food segment is estimated to grow at a fast pace during the review period of 2017-2022. On the basis of formulations, global Almond Milk market has been segmented into plain & flavored. On the basis of distribution channel, global Almond Milk market has been segmented into store based and non-store based. Store based segment has been segmented into supermarkets & hypermarkets, health & wellness, pharmacy, convenience stores and others.
Key Players
The leading market players in the global Almond Milk market primarily are Blue Diamond Growers (U.S.), Hain Celestial Group (U.S.), Whitewave Foods (France), Sunopta Inc.(Canada), Daiya Foods Inc. (Canada), Galaxy Nutritional Foods, Inc. (U.S.), Tofutti Brands Inc. (U.S.)
Target Audience
Key Findings
Regional and Country Analysis of Almond Milk Market Development and Demand Forecast to 2022 Market
As per the MRFR analysis, the global Almond Milk market is poised to reach USD 4.75 Bn in 2022, to grow at a CAGR of 15.19% during the forecasted period.
The reports also cover country level analysis:
North America
Europe
Asia–Pacific
Rest of the World