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Almond Drink Market Share

Report ID: GMI1838
Published Date: Aug 2023
Report Format: PDF

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Almond Drink Market Share

Some of the major companies operating in the almond drink industry are

Califia Farms LLC
Silk
Blue Diamond Growers
Pacific Foods
Elmhurst 1925
So Delicious Dairy Free
Alpro
Forager Project
MALK Organics
Rude Health
Dream Plant-Based Beverages
Three Trees
New Barn Organics
Mooala Brands
Nutty Life

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of almond drink reached USD 4.4 billion in 2022 and is set to surpass USD 7.5 billion by the end of 2032, says this GMI report.

Beverages segment share is expected to observe 5.1% CAGR through 2032, as almond drinks serve as a popular dairy milk substitute in coffee, tea, and other beverages for individuals with lactose intolerance or dairy allergies.

U.S. market share was USD 1.1 billion in 2022, owing to the growing popularity of plant-based diets, driven by health and sustainability concerns, fuels demand for almond drinks as a dairy milk alternative.

Califia Farms LLC, Silk, Blue Diamond Growers, Pacific Foods, Elmhurst 1925, So Delicious Dairy Free, Alpro, Forager Project, MALK Organics, Rude Health, Dream Plant-Based Beverages, Three Trees, New Barn Organics, Mooala Brands, Nutty Life.