Almond Milk Market Report 2025 (Global Edition)

Global Almond Milk Market Report 2025 Market Size Split by Category (Conventional, Organic), by Type (Original Almond Milk, Vanilla Almond Milk, Non-Dairy Almond Milk), by Formulation (Plain Sweetened...

Almond Milk Market Report Description

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Competitive Landscape Of The Almond Milk Market

The competitive landscape of the almond milk market is characterized by fierce rivalry among key players. Established brands continually innovate formulations, flavours, and packaging to capture market share. Rising consumer demand for plant-based alternatives intensifies competition, prompting strategic collaborations and acquisitions.

Almond Milk Industry News

In April 2022, Califia Farms launched an array of three innovative plant-based milks, including original oat milk, vanilla oat milk, and almond barista blend. All three variations caters to diverse preferences. Specifically crafted for coeliacs, the unsweetened almond barista blend offers a gluten-free option.

Source-www.califiafarms.com/products/unsweetened-almond-barista-blend/

Top Companies Market Share in Almond Milk Industry: (In no particular order of Rank)

• Daiya Foods Inc.
• Danone North America Public Benefit Corporation
• SunOpta
• Blue Diamond Growers
• Tofutti Brands
• Inc.
• Califia Farms LLC.
• Earth’s Own
• Hiland Dairy
• Ecomil
• PACIFIC FOODS OF OREGON LLC.
• Pure Harvest Smart Farms Ltd.
• MALK ORGANICS
• Galaxy Nutritional Foods
• Inc.
• Natura Foods
• Elmhurst Milked Direct LLC
• Rude Health
• Orgain
• Inc.
• New Barn Organics
• Alpro
• Sanitarium
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

In terms of revenue, the North America Almond Milk Market share was 40% of the total market

According to Cognitive Market Research, North America dominated the market in 2023 and accounted for around 40% of the global revenue. This trend can be attributed to the growing popularity of plant based diets with almond milk emerging as a favoured alternative, to dairy. The regions health conscious population, combined with the adoption of milk by influential coffee shops and restaurants firmly establishes its dominance in terms of revenue. Furthermore marketing campaigns to highlight the advantages of almond milk help maintain consumer interest over time. With its established presence in households and its versatile use in various culinary applications almond milk continues to generate a consistent and significant source of income cementing its position, as a market leader.

Asia-Pacific is the fastest-growing region. Rising health awareness, coupled with lactose intolerance prevalence, propels almond milk into the spotlight. The region's rich culinary traditions find compatibility with almond milk's versatility, driving adoption in both traditional and modern dishes. A burgeoning middle class with changing dietary habits contributes to the exponential growth. Furthermore, innovative product formulations tailored to regional preferences and the advent of online platforms cater to the evolving consumer landscape.

The current report Scope analyzes Almond Milk Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Almond Milk Market Analysis

According to Cognitive Market Research, the global almond milk market size was estimated at USD 5315.2 Million out of which North America held the major market of around 40% of the global revenue with a market size of USD 2126.08 million in 2023 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2023 to 2030. Almond milk has gained popularity among health individuals due, to its advantages leading to a significant presence in the market. Additionally the thriving cafe culture in the region has played a role in boosting sales as almond milk has become an ingredient, in coffee drinks. Conventional almond milk in North America is poised for increased sales due to its widespread availability and affordability, making it a consistent choice for consumers. The familiarity of conventional almond milk establishes it as a reliable staple, contributing to sustained market growth in this health-conscious region.

• According to Cognitive Market Research, the US had a major share in the almond milks market with a market size of USD 1677.48 million in 2023 and is projected to grow at a CAGR of 7.0% during the forecast period. The surge in almond milk sales in the U.S. is driven by a health-conscious population embracing plant-based alternatives. Growing cafe culture and innovative product launches amplify almond milk's popularity.
• The Canada almond milks market had a market share of USD 255.13 million in 2023 and is projected to grow at a CAGR of 8.0% during the forecast period. In Canada, almond milk sales soar due to a burgeoning focus on sustainable living, aligning with almond milk's eco-friendly profile. Health-conscious Canadians prioritize nutritious and lactose-free options, propelling sustained market growth.
• The Mexico almond milks market is projected to witness growth at a CAGR of 7.7% during the forecast period with a market size of USD 193.47 million in 2023.

Europe Almond Milk Market Analysis

According to Cognitive Market Research, with a market value of USD 5315.2 million in 2023 and projected to expand at a compound annual growth rate (CAGR) of 9.00% from 2023 to 2030, Europe accounted for a share of around 30% of the global market size of USD 1594.56 million. A growing demand for diverse and innovative plant-based options in traditional cuisines fuels adoption. As health and wellness trends gain momentum, almond milk gains traction among European consumers looking for lactose-free alternatives. The region's evolving taste preferences and curiosity for global flavours contribute to almond milk's increasing popularity, fostering a thriving market. Original almond milk in the Europe region is anticipated to witness heightened sales due to its classic and authentic appeal. The timeless nature of original almond milk, with its versatile applications, resonates with European consumers, contributing to its increased adoption and sustained market growth.

• According to Cognitive Market Research, the Germany almond milks market size was valued at USD 315.72 million in 2023 and is projected to grow at a CAGR of 7.7% during the forecast period. Almond milk sales flourish in Germany as consumers gravitate towards eco-conscious choices. The country's robust commitment to sustainability aligns with almond milk's environmentally friendly appeal, driving heightened market adoption.
• The United Kingdom almond milks market had a market share of USD 267.89 million in 2023 and is projected to grow at a CAGR of 8.3% during the forecast period. In the UK, the rising trend of flexitarian diets propels almond milk sales. Its versatility, nutritional profile, and alignment with diverse dietary preferences make it a favoured dairy alternative.
• The France almond milks market is projected to witness growth at a CAGR of 6.7% during the forecast period with a market size of USD 146.70 million in 2023.
• The Italy almond milks market is projected to witness growth at a CAGR of 6.9% during the forecast period with a market size of USD 137.13 million in 2023.
• The Russia almond milks market is projected to witness growth at a CAGR of 6.5% during the forecast period with a market size of USD 247.16 million in 2023.
• The Spain almond milks market is projected to witness growth at a CAGR of 6.6% during the forecast period with a market size of USD 130.75 million in 2023.
• The Portugal almond milks market is projected to witness growth at a CAGR of 7.3% during the forecast period with a market size of USD 33.49 million in 2023.
• The Luxembourg almond milks market is projected to witness growth at a CAGR of 7.6% during the forecast period with a market size of USD 49.43 million in 2023.
• The Greece almond milks market is projected to witness growth at a CAGR of 7.8% during the forecast period with a market size of USD 19.13 million in 2023.
• The Rest of Europe almond milks market is projected to witness growth at a CAGR of 6.2% during the forecast period with a market size of USD 247.16 million in 2023.

 

South America Almond Milk Market Analysis

According to Cognitive Market Research, the global almond milks market size was estimated at USD 5315.2 Million out of which Latin America market of around 5% of the global revenue with a market size of USD 265.76 million in 2023 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2023 to 2030. As consumers prioritize wellness, almond milk emerges as a sought-after dairy alternative. The region's vibrant culinary scene sees almond milk seamlessly integrated into traditional dishes, enhancing its popularity. Almond milk's association with indulgence and premium offerings contributes to heightened demand, particularly in urban centres. Bottles in the Latin America region are set to witness increased sales, driven by their convenient and portable nature. As consumers embrace the spill-proof attributes and easy accessibility, bottles become synonymous with the on-the-go lifestyle, contributing to heightened market adoption and sustained growth in the region.

• According to Cognitive Market Research, the Brazil almond milks market size was valued at USD 113.75 million in 2023 and is projected to grow at a CAGR of 9.0% during the forecast period. Almond milk sales in Brazil thrive as consumers seek healthier beverage options. Almond milk's nutritional benefits and creamy texture appeal to Brazilians, fostering a growing preference for this plant-based alternative.
• The Argentina almond milks market had a market share of USD 44.65 million in 2023 and is projected to grow at a CAGR of 9.3% during the forecast period. In Argentina, the rising trend of plant-based diets contributes to increased almond milk sales. The country's rich culinary heritage incorporates almond milk as a versatile and nutritious dairy alternative, driving adoption.
• The Colombia almond milks market is projected to witness growth at a CAGR of 8.2% during the forecast period with a market size of USD 23.65 million in 2023.
• The Peru almond milks market is projected to witness growth at a CAGR of 8.6% during the forecast period with a market size of USD 21.79 million in 2023.
• The Chile almond milks market is projected to witness growth at a CAGR of 8.7% during the forecast period with a market size of USD 19.13 million in 2023.
• The Rest of Latin America almond milks market is projected to witness growth at a CAGR of 7.5% during the forecast period with a market size of USD 42.79 million in 2023.

 

Middle East Almond Milk Market Analysis

According to Cognitive Market Research, the global Almond milk market size was estimated at USD 5315.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 106.30 million in 2023 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2023 to 2030. Almond milk aligns with the region's increasing focus on wellness, offering a lactose-free alternative. Rising awareness of environmental sustainability aligns with almond milk's eco-friendly profile, contributing to its market acceptance. Beverages in the MEA region are poised for increased sales, reflecting a growing preference for almond milk in various traditional and modern drink applications. The allure of almond milk's versatility and nutritional benefits aligns with evolving consumer tastes, contributing to sustained market growth in the region.

• According to Cognitive Market Research, the GCC Countries almond milks market size was valued at USD 45.50 million in 2023 and is projected to grow at a CAGR of 9.5% during the forecast period. Almond milk sales surge in the GCC countries due to a growing health-conscious population embracing dairy alternatives. The region's affinity for premium and nutritional products contributes to heightened almond milk adoption.
• The South Africa almond milks market had a market share of USD 16.80 million in 2023 and is projected to grow at a CAGR of 9.7% during the forecast period. In South Africa, almond milk sales rise as consumers seek lactose-free alternatives. Almond milk's versatility in traditional and modern dishes resonates, meeting the diverse dietary preferences of South African consumers.
• The Egypt almond milks market is projected to witness growth at a CAGR of 9.0% during the forecast period with a market size of USD 11.16 million in 2023.
• The Turkey almond milks market is projected to witness growth at a CAGR of 8.2% during the forecast period with a market size of USD 9.14 million in 2023.
• The Nigeria almond milks market is projected to witness growth at a CAGR of 7.8% during the forecast period with a market size of USD 11.16 million in 2023.
• The Rest of MEA almond milks market is projected to witness growth at a CAGR of 7.7% during the forecast period with a market size of USD 12.54 million in 2023.

Almond Milk Market Analysis

Almond Milk Market Category Segment Analysis

According to Cognitive Market Research, conventional held the major market share over the forecast period. This supremacy is anchored in its widespread availability and affordability, appealing to a broad consumer base. Amidst the array of plant-based choices, conventional almond milk remains a consistent favourite, striking a harmonious balance between accessibility and familiarity. The well-established market presence and consumer trust fortify its position as a staple, making conventional almond milk the enduring choice for those seeking a reliable and budget-friendly plant-based alternative.

Organic is the fastest-growing category over the forecast period. This surge reflects an escalating demand for natural, sustainably sourced products. Organic almond milk captivates consumers with its promise of purity, free from synthetic additives and pesticides. The growth trajectory of the organic category mirrors an evolving consumer mind-set, prioritizing health and environmental considerations.

• Conventional
• Organic

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Almond Milk Industry. Request a Free Sample PDF!

Almond Milk Market Type Segment Analysis

According to Cognitive Market Research, original almond milk hold a prominent market share. The familiarity and versatility of original almond milk make it a reliable choice, reinforcing its sales stronghold. This enduring popularity translates into sustained revenue, showcasing the enduring appeal and financial success of the foundational original almond milk category.

Vanilla almond milk is the fastest-growing category over the forecast period. This dynamic flavour profile becomes not just a taste sensation but a driving force behind increased sales. As the fastest-growing category, vanilla almond milk not only reshapes the market but also translates flavour innovation into tangible sales success, capturing a burgeoning share of the almond milk market.

• Original Almond Milk
• Vanilla Almond Milk
• Non-Dairy Almond Milk

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Almond Milk Formulation Segment Analysis

According to Cognitive Market Research, plain sweetened hold a prominent market share. The harmonious fusion of sweetness without overwhelming the almond essence not only captivates palates but also ensures a stable and enduring presence on shopping lists, sustaining its prominence and contributing significantly to the overall financial success of almond milk sales.

Flavoured sweetened is the fastest-growing category over the forecast period. The fastest-growing flavoured sweetened formulation not only mirrors evolving preferences but also positions almond milk as an enticing and profitable contender in the dynamic landscape of flavoured beverages, driving sustained sales growth.

• Plain Sweetened
• Plain Unsweetened
• Flavoured Sweetened
• Flavoured Unsweetened

Almond Milk Packaging Type Segment Analysis

According to Cognitive Market Research, bottles hold a prominent market share. The prominence of bottles on store shelves contributes to their visibility, prompting more purchases. With a substantial market share, bottle-packaged almond milk continues to be a driving force behind the overall sales success of almond milk products.

Cartons is the fastest-growing category over the forecast period. The distinctive shape and branding of cartons contribute to their shelf appeal, translating into increased purchases. As the fastest-growing category, cartons not only reshape the packaging landscape but also significantly influence the upward trajectory of almond milk sales.

• Bottles
• Cans
• Cartons

Almond Milk Application Segment Analysis

According to Cognitive Market Research, beverages holds a prominent market share. The widespread adoption of almond milk in beverages not only signifies a shift in preferences but directly impacts sales, with its use in daily rituals and culinary creations contributing to sustained market dominance. The allure of beverages infused with almond milk is a key driver, translating into consistent and robust sales figures.

Frozen desserts is the fastest-growing category over the forecast period. The creamy texture and nutty nuances of almond milk elevate frozen desserts, capturing a niche market and propelling sales to new heights. The delightful synergy between almond milk and frozen delights not only reflects changing tastes but cements its status as a pivotal force steering the growth trajectory of almond milk sales.

• Beverages
• Frozen Desserts
• Personal Care
• Others

Almond Milk Distribution Channel Segment Analysis

According to Cognitive Market Research, store-based holds a prominent market share. The familiarity of store-based channels establishes a robust connection with consumers, translating into consistent and reliable almond milk sales. The synergy between store-based distribution and almond milk sales highlights not just accessibility but also the enduring appeal of this plant-based beverage in traditional retail spaces.

Non-store-based is the fastest-growing category over the forecast period. The rise of e-commerce platforms and online grocery channels propels almond milk into digital carts, transforming the sales landscape. The convenience and accessibility of non-store-based channels resonate with tech-savvy consumers, driving unprecedented growth in sales.

• Store-Based
• Non-Store-Based

Author's Detail

Sneha Singh

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two three years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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