Question 1

Who are the leading players in the global almond drink landscape?

Accepted Answer

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.

Question 2

Why is the U.S. region dominating the almond drink market?

Accepted Answer

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.

Question 3

How is the demand for almond beverages driving the almond drink industry?

Accepted Answer

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.

Question 4

What is the size of the almond drink market?

Accepted Answer

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.

Almond Drink Market Size - By Type (Sweetened, Unsweetened), Flavor (Chocolate, Vanila), End-use (Beverages, Culinary Applications, Cereal and Breakfast Foods, Desserts and Sweets, Snacks and On-the-Go), Distribution Channel & Global Forecast, 2023 – 2032

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