Almond Milk Market Potential Growth, Share, Demand And Analysis Of Key Players- Research Forecasts To 2025
According to a new report published by Reports Monitor titled, “Almond Milk Market by Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Almond Milk Market was valued at XX million in 2016 and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia Pacific dominates the Almond Milk Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
The plant milk made from almonds which normally has a nutty taste and creamy texture is nothing but an almond milk. The almond milk has a great demand and is widely accepted. It is replacement for the normal dairy milk as it offers number of health benefits such as it helps in weight management, it helps to make bones stronger, helps in digestion, and act as a lactose-free substitute of milk.
The almond milk market is one of the fastest growing market. The factors for growing the market includes awareness about the health benefits and battle against obesity in developed countries such as U.S. Most of the customers are demanding for the high quality, premium brand, healthy dairy products which helps in propelling the growth of the market. The increasing awareness regarding the health benefits of dairy alternative milk helps in selling proposition for the almond milk globally. The major groups of customers which helps to drive the growth of the market includes the healthy diet adopters and vegan diet followers.
The global almond milk market is divided into different segment such as by product type, by distribution channel, and by region. The product type segment is bifurcated into plain and flavored. According to the distribution channel segment it is divided into store based and non-store based. Further, the store-based segment is segmented to supermarkets & hyper markets, health & wellness, pharmacy, convenience stores and others.
Key Question Answered:
•What will be the market size in 2025 and at what rate it will grow?
•Who are the major key players in global almond milk market and what are their strategies?
•Which vertical industry is expected to show major growth?
•What segment and region will lead the market and why?
The major companies profiled in the report include: Allnut, Gujarat Cooperative Milk Marketing Federation (Amul), Haryana Dairy Development Cooperative Federation Limited (Vita), Karnataka Co-operative Milk Producers’ Federation Ltd. (Nandini), Life Health Foods India Private Limited, Parag Milk Foods (Gowardhan), Sharan India, and Others.
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