아몬드 우유 시장 예측(-2030년) : 유형별, 포장 유형별, 카테고리별, 유통 채널별, 용도별, 지역별 세계 분석

According to Stratistics MRC, the Global Almond Milk Market is accounted for $9.60 billion in 2023 and is expected to reach $24.10 billion by 2030 growing at a CAGR of 14.05% during the forecast period. Almond milk is a popular plant-based alternative to traditional dairy milk, made from ground almonds and water. It has gained popularity due to its creamy texture, nutty flavor, and numerous health benefits. Almond milk is naturally lactose-free, making it suitable for those with lactose intolerance or dairy allergies. It can be used as a substitute in cooking, baking, or enjoyed on its own as a beverage. Almond milk is a sustainable option, requiring less water and resources to produce compared to dairy milk, making it a favorite among environmentally conscious consumers.

According to a National Institutes of Health report, the majority of lactose-intolerant people are from Eastern Asia. This gives almond milk producers more opportunities to reach these regions.

Market Dynamics:

Driver:

Convenience and availability

The convenience and availability driver in the almond milk market pertains to the growing consumer demand for easily accessible and convenient plant-based milk alternatives. As people increasingly adopt healthier lifestyles and dietary preferences, almond milk emerges as a popular choice due to its perceived health benefits and versatility. The widespread availability of almond milk across supermarkets, health food stores, and online platforms further fuels its market growth.

Restraint:

Competition from other plant-based milks

Competition from other plant-based milks, such as soy, oat, and coconut, presents a significant restraint on the almond milk market. As consumers increasingly seek dairy alternatives, they have a plethora of options beyond almond milk. Each alternative offers unique flavors, textures, and nutritional profiles, diverting potential almond milk consumers. Moreover, concerns regarding sustainability and environmental impact, particularly related to almond cultivation's water usage, have prompted some consumers to opt for more eco-friendly options. This intensifies competition and challenges almond milk's market dominance.

Opportunity:

Variety of flavors and blends

The Variety of Flavors and Blends opportunity lies in its ability to cater to diverse consumer preferences and dietary needs. By offering a wide range of flavors, such as vanilla, chocolate, and matcha, along with innovative blends like almond-coconut or almond-oat, brands can attract different taste preferences and provide versatility in usage, such as for smoothies or baking. This approach not only enhances consumer satisfaction but also taps into the growing demand for plant-based alternatives among health-conscious individuals and those with lactose intolerance or dairy allergies.

Threat:

Price volatility of almonds

Price volatility of almonds are fluctuations in the cost of almonds over time, influenced by factors such as weather conditions, global demand, and crop yields. This volatility poses a threat to the almond milk market due to its reliance on a stable and affordable almond supply. Sudden spikes in almond prices can lead to increased production costs for almond milk manufacturers, potentially driving up retail prices and reducing consumer demand. Moreover, uncertainty in almond prices may discourage investment in almond milk production and innovation, hindering market growth and sustainability.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted the almond milk market in several ways. Firstly, as consumer priorities shifted towards health and wellness, there was a surge in demand for plant-based alternatives like almond milk, driving market growth. However, disruptions in the supply chain and logistics due to lockdowns led to temporary shortages and increased prices. Additionally, economic uncertainties prompted some consumers to opt for more affordable alternatives or homemade options, impacting sales. Despite initial challenges, the market quickly adapted with increased online sales and innovative marketing strategies, ultimately stabilizing and continuing its growth trajectory amidst the pandemic.

The bottles segment is expected to be the largest during the forecast period

The bottle segment within the almond milk market has experienced significant growth due to the shift towards environmentally friendly packaging that has led consumers to prefer bottles over cartons or Tetra Paks, as bottles are more easily recyclable. Bottles offer greater convenience and portability, catering to the on-the-go lifestyle of many consumers. Moreover, the perception of freshness and quality associated with bottled almond milk has contributed to its popularity. Additionally, the rise in demand for plant-based alternatives to dairy has also boosted the growth of almond milk in bottles as consumers seek healthier and more sustainable options.

The conventional segment is expected to have the highest CAGR during the forecast period

Conventional segment growth is because of the increasing demand for traditional almond milk products made from conventionally grown almonds rather than organic ones. This growth can be attributed to several factors, such as affordability, widespread availability, and familiarity with conventional products among consumers. Manufacturers often focus on enhancing the taste, texture, and nutritional profile of conventional almond milk to appeal to a broader audience. Furthermore, as almond milk continues to gain popularity as a dairy alternative, the conventional segment is witnessing steady growth due to its competitive pricing and accessibility, making it a preferred choice for many consumers seeking plant-based alternatives.

Region with largest share:

The growth of the almond milk market in North America can be attributed to growing trend towards plant-based diets and alternatives to traditional dairy products due to health and environmental concerns. Almond milk is seen as a nutritious and sustainable option, appealing to health-conscious consumers. Increasing lactose intolerance and dairy allergies among the population have fueled the demand for non-dairy alternatives like almond milk. Moreover, the availability of a variety of flavors and fortified options has widened the consumer base. Aggressive marketing campaigns highlighting almond milk's benefits have also contributed to its popularity, further driving market growth in the region.

Region with highest CAGR:

The Asia-Pacific region has experienced significant growth due to increasing health consciousness among consumers has led to a shift towards plant-based alternatives, like almond milk, which is perceived as a healthier option compared to dairy milk. Rising lactose intolerance and dairy allergies have driven demand for non-dairy alternatives like almond milk. Moreover, the growing vegan population in countries like India and China has fuelled the market. Furthermore, improved distribution channels, aggressive marketing strategies by manufacturers, and product innovations have also contributed to the surge in almond milk consumption across the Asia-Pacific region.

Key players in the market

Some of the key players in Almond Milk market include Blue Diamond Growers , Califia Farms LLC, Campbell Soup Company, Daiya Foods Inc, Danone SA, Earth's Own Food Company Inc, Ecotone, Hiland Dairy Foods , Malk Organics LLC, Nestle SA, Pacific Foods of Oregon LLC, Sanitarium, SunOpta Inc, The Hain Celestial Group Inc and The WhiteWave Foods Company.

Key Developments:

In January 2024, Daiya, a leading dairy-free brand, has launched "Fromage Forgery," a marketing campaign to promote the newly launched formula, introducing its newly revamped dairy-free cheese to a wider audience in collaboration with actor Lionel Boyce, known for his work on the award-winning series "The Bear".

In December 2023, Almond producer Blue Diamond Growers is launching a new plant-based milk product for health-conscious consumers. The beverage is formulated from an oat and almond base, and each 1-cup serving contains 45 calories, 450 mgs of calcium and 4 grams of sugar. Blue Diamond's Almond Breeze Original Almond & Oat Blend joins the company's dairy alternative portfolio that includes a variety of almond-based creamers, shelf-stable milks, and blended milk offerings.

Types Covered:

• Plain
• Flavored

Packaging Types Covered:

• Carton
• Glass
• Bottles
• Cans
• Other Packaging Types

Categories Covered:

• Organic
• Conventional

Distribution Channels Covered:

• Hypermarkets and Supermarkets
• Convenience Stores
• Online Stores
• Other Distribution Channels

Applications Covered:

• Food & Beverages
• Bakery & Confectionery
• Personal Care
• Dairy
• Household
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Almond Milk Market, By Type

• 5.1 Introduction
• 5.2 Plain
• 5.3 Flavored

6 Global Almond Milk Market, By Packaging Type

• 6.1 Introduction
• 6.2 Carton
• 6.3 Glass
• 6.4 Bottles
• 6.5 Cans
• 6.6 Other Packaging Types

7 Global Almond Milk Market, By Category

• 7.1 Introduction
• 7.2 Organic
• 7.3 Conventional

8 Global Almond Milk Market, By Distribution Channel

• 8.1 Introduction
• 8.2 Hypermarkets and Supermarkets
• 8.3 Convenience Stores
• 8.4 Online Stores
• 8.5 Other Distribution Channels

9 Global Almond Milk Market, By Application

• 9.1 Introduction
• 9.2 Food & Beverages
• 9.3 Bakery & Confectionery
• 9.4 Personal Care
• 9.5 Dairy
• 9.6 Household
• 9.7 Other Applications

10 Global Almond Milk Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Blue Diamond Growers
• 12.2 Califia Farms LLC
• 12.3 Campbell Soup Company
• 12.4 Daiya Foods Inc
• 12.5 Danone SA
• 12.6 Earth's Own Food Company Inc
• 12.7 Ecotone
• 12.8 Hiland Dairy Foods
• 12.9 Malk Organics LLC
• 12.10 Nestle SA
• 12.11 Pacific Foods of Oregon LLC
• 12.12 Sanitarium
• 12.13 SunOpta Inc.
• 12.14 The Hain Celestial Group Inc.
• 12.15 The WhiteWave Foods Company