Global Almond Milk Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Category;
Organic and Conventional.By Packaging Type;
Bottles, Cans, and Cartons.By Distribution Channel;
Store-Based - Supermarkets & Hypermarkets, Convenience Stores, and Others, Non-Store-Based.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Almond Milk Market (USD Million), 2021 - 2031
In the year 2024, the Global Almond Milk Market was valued at USD 5,742.60 million. The size of this market is expected to increase to USD 13,577.17 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.1%.
The global almond milk market has witnessed a significant surge in demand, driven by growing health consciousness, increasing lactose intolerance, and the rising popularity of plant-based beverages. Almond milk, a dairy-free alternative to cow’s milk, is made by blending almonds with water and then straining the mixture. This plant-based milk offers several health benefits, including lower calories, no cholesterol, and the presence of essential vitamins and minerals like vitamin E and magnesium. The global shift toward healthier lifestyles, sustainability concerns, and the demand for cruelty-free products has contributed to the increased popularity of almond milk as a dairy-free substitute.
The almond milk market is largely driven by the increasing adoption of vegan and vegetarian diets, the growing awareness of lactose intolerance and other dietary restrictions, and the surge in the number of people opting for plant-based diets. Furthermore, almond milk is considered to be more environmentally friendly compared to traditional dairy milk due to the lower carbon footprint associated with almond cultivation and the reduced greenhouse gas emissions. In addition, almond milk is free from common allergens found in dairy milk, making it an attractive choice for individuals with lactose intolerance, dairy allergies, or those seeking to reduce their consumption of animal-based products.
Market growth is also supported by the increasing product innovation and variety offered by manufacturers. Almond milk is available in both organic and conventional forms, catering to a wide range of consumer preferences and dietary requirements. Organic almond milk, which is produced from almonds grown without the use of synthetic pesticides or fertilizers, appeals to environmentally-conscious consumers and those seeking organic, non-GMO, and pesticide-free products. Conventional almond milk, on the other hand, is more affordable and widely accessible, making it a popular choice for everyday use.
Another driving factor in the almond milk market is the rise in retail offerings and the expansion of distribution channels. Almond milk can now be easily found in supermarkets, hypermarkets, convenience stores, and health food stores, ensuring widespread access to consumers. Additionally, the growing trend of non-store-based distribution, such as online shopping platforms and direct-to-consumer channels, has allowed consumers to access a broader range of almond milk products at competitive prices. The convenience of online purchasing, along with the increasing number of specialty health and wellness e-commerce platforms, has accelerated market growth, particularly in regions where access to physical stores may be limited.
Geographically, the almond milk market is experiencing strong growth across various regions. North America and Europe are the largest markets for almond milk, fueled by high consumer awareness, increasing health-consciousness, and a high adoption rate of plant-based products. The Asia Pacific region is also emerging as a key growth area, driven by the rising demand for dairy alternatives in countries like China, India, and Japan, where lactose intolerance is prevalent, and more consumers are turning to plant-based products for health and environmental reasons.
Despite its growth, the almond milk market faces certain challenges, including price sensitivity and the high cost of almond-based products compared to traditional dairy milk. Additionally, concerns over water usage for almond cultivation and potential supply chain disruptions in almond-growing regions have impacted the market’s growth. However, the benefits of almond milk, combined with ongoing product innovations and the increasing focus on plant-based alternatives, suggest that the market is poised for continued expansion in the coming years.
Global Almond Milk Market Recent Developments
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In August 2020, Alpro opened a new facility to scale production of its unsweetened almond milk line in response to growing European demand
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In January 2023, Califia Farms launched an almond milk infused with adaptogenic herbs, targeting wellness-focused consumers.
Segment Analysis
The almond milk market can be analyzed across several key segments, each of which contributes to the market’s growth and diversification. These segments include category, packaging type, distribution channels, and geography.By Category: Almond milk is primarily segmented into organic and conventional categories. Organic almond milk is gaining traction due to increasing consumer demand for clean-label, organic, and non-GMO products. Organic almond milk is produced using almonds grown without synthetic pesticides, herbicides, or fertilizers, making it an appealing choice for health-conscious individuals and those who prioritize sustainability. Conventional almond milk, on the other hand, accounts for the majority of market sales, as it is more affordable and widely accessible. Conventional almond milk is often fortified with vitamins and minerals to enhance its nutritional profile and attract a broader consumer base.
By Packaging Type: The packaging type segment of the almond milk market includes bottles, cans, and cartons. Bottles are the most commonly used packaging type, offering convenience and portability for consumers. Bottled almond milk is available in various sizes, catering to different consumption needs. Cans are also used for almond milk, although they are less common than bottles and cartons. Cans provide a longer shelf life and are often used for larger quantities. Cartons, typically made from Tetra Pak or similar materials, are the preferred packaging option for almond milk in many markets due to their ability to maintain the product’s freshness and extend shelf life without the need for refrigeration before opening.
By Distribution Channel: The almond milk market is segmented into store-based and non-store-based distribution channels. Store-based channels include supermarkets, hypermarkets, convenience stores, and health food stores. Supermarkets and hypermarkets are the largest distribution channels for almond milk, offering a wide variety of brands and products in one location. Convenience stores and health food stores cater to niche markets, offering premium almond milk products to specific consumer segments. Non-store-based distribution, including online sales through e-commerce platforms, has seen significant growth in recent years. Online platforms provide a convenient shopping experience and allow consumers to explore a broader range of products, compare prices, and access specialized almond milk offerings.
By Geography: Geographically, the almond milk market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is the largest market for almond milk, driven by high consumer awareness, health consciousness, and the widespread popularity of plant-based diets. Europe also represents a significant portion of the global almond milk market, with countries like the UK, Germany, and France showing strong demand for dairy alternatives. The Asia Pacific region is a rapidly growing market, with countries like China and India witnessing increased consumption of almond milk due to rising lactose intolerance and the adoption of plant-based diets. The Middle East & Africa and Latin America are emerging markets with potential for growth as the adoption of plant-based beverages increases in these regions.
Global Almond Milk Segment Analysis
In this report, the Global Almond Milk Market has been segmented by Category, Packaging Type, Distribution Channel and Geography.
Global Almond Milk Market, Segmentation by Category
The Global Almond Milk Market has been segmented by Category into Organic and Conventional.
The almond milk market is primarily divided into two categories: organic and conventional almond milk. These categories are important because they cater to two distinct consumer segments, each with its own set of preferences and values. Organic almond milk is made from almonds grown without the use of synthetic pesticides, fertilizers, or genetically modified organisms (GMOs). It is increasingly popular among health-conscious consumers who prefer products that are perceived to be cleaner, more natural, and more sustainable. The rising trend of organic food consumption is driven by consumer demand for cleaner labels, as more people are becoming aware of the potential health risks associated with non-organic farming practices, such as pesticide residues. Organic almond milk is often marketed as an environmentally friendly choice, as organic farming tends to focus on preserving soil quality and promoting biodiversity. Additionally, the increasing concern over food quality and safety has led many consumers to opt for organic alternatives, further boosting the demand for organic almond milk.
Conventional almond milk, on the other hand, is produced from almonds that may be grown using synthetic fertilizers, pesticides, and other chemical treatments. While conventional almond milk is still widely consumed due to its affordability and availability, it does not appeal to the same health-conscious, environmentally-aware segment as organic almond milk. Conventional almond milk is a cost-effective choice for consumers who are less concerned with the sourcing of the almonds and more focused on price and convenience. The conventional category is also the more widespread option in the market, with most mainstream almond milk brands offering their products under this category. Despite the growth of the organic segment, conventional almond milk remains the dominant player in the market, as it is typically less expensive to produce and thus more affordable to consumers, making it accessible to a broader audience.
Global Almond Milk Market, Segmentation by Packaging Type
The Global Almond Milk Market has been segmented by Packaging Type into Bottles, Cans and Cartons.
The almond milk market is segmented by packaging type into bottles, cans, and cartons. Each packaging type offers its own set of advantages and serves different consumer needs. Bottled almond milk is one of the most common forms of packaging due to its convenience, portability, and ease of use. Bottles, especially those made from PET (polyethylene terephthalate) or glass, provide a sturdy and safe option for consumers. They are typically used for smaller quantities, ranging from 250ml to 1 liter, making them convenient for single or small household use. The bottle packaging format is also popular because it allows for better visibility of the product, often showcasing the brand and labeling in an appealing way to consumers. Bottles are typically used for ready-to-drink almond milk, catering to on-the-go consumers who need a quick, portable beverage. The convenience and portability of bottled almond milk have made it one of the most widely preferred packaging formats.
Cans, although less common than bottles or cartons, are still used for almond milk, particularly for larger quantities. Cans offer advantages in terms of shelf stability, especially for unopened products. They are often used for bulk sales, offering larger volumes of almond milk at a more affordable price per unit. Cans also have a longer shelf life, making them a preferred option for consumers who do not want to refrigerate the product until it is opened. However, cans may not always be as convenient for smaller households or individuals seeking smaller portion sizes. Additionally, the packaging is less transparent than bottles, making it more difficult for consumers to assess the product before purchase.
Cartons are perhaps the most widely used packaging for almond milk due to their ability to preserve freshness and extend shelf life without the need for refrigeration before opening. Tetra Pak cartons, which are often used for almond milk, provide a long shelf life, maintaining the integrity of the product by protecting it from light, air, and bacteria. Cartons are available in a variety of sizes, from small, single-serve packages to larger family-sized offerings. Carton packaging is particularly advantageous for consumers who prefer to store their almond milk for extended periods, as it does not require refrigeration until after opening. In addition, cartons are often seen as more environmentally friendly than plastic bottles, as they can be made from renewable materials such as paper and are easier to recycle. The widespread use of cartons is reflective of the growing demand for sustainable packaging solutions, which has led many almond milk manufacturers to adopt carton packaging as part of their sustainability initiatives.
Global Almond Milk Market, Segmentation by Distribution Channel
The Global Almond Milk Market has been segmented by Distribution Channel into Store-Based and Non-Store-Based.
The distribution channels for almond milk are segmented into store-based and non-store-based categories. Store-based channels, which include supermarkets, hypermarkets, convenience stores, and other retail outlets, remain the dominant distribution method for almond milk. Supermarkets and hypermarkets are key players in the almond milk market, offering a wide selection of brands, product types, and packaging formats in one location. These retail outlets typically attract a high volume of foot traffic, making them ideal locations for almond milk manufacturers to showcase their products. Supermarkets and hypermarkets often have dedicated sections for dairy alternatives, allowing almond milk to compete alongside other plant-based beverages such as soy milk and oat milk. The extensive distribution networks and established consumer trust in these stores help almond milk reach a large and diverse audience.
Convenience stores are another important part of the store-based distribution channel. While these stores may not offer as extensive a selection of almond milk as larger supermarkets, they cater to consumers who need quick, on-the-go access to products. Convenience stores typically carry smaller-sized almond milk bottles or cartons, appealing to consumers who need a single serving or small quantity. These stores often attract time-sensitive consumers who are looking for fast, accessible options, making them a critical point of sale for almond milk.
Global Almond Milk Market, Segmentation by Geography
In this report, the Global Almond Milk Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Almond Milk Market Share (%), by Geographical Region, 2024
The almond milk market is geographically segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is the largest and most mature market for almond milk, driven by the increasing demand for plant-based alternatives to dairy products. In the United States, the trend toward veganism, lactose intolerance, and plant-based diets has fueled the growth of almond milk. Almond milk is widely available in supermarkets, health food stores, and e-commerce platforms, with several leading brands operating in the region. Additionally, North America has seen a rise in the popularity of organic and sustainable food choices, further contributing to the growth of the organic almond milk segment. The growing adoption of plant-based beverages in the U.S. and Canada is expected to keep driving demand for almond milk in the region.
Europe also represents a significant market for almond milk, with countries like the UK, Germany, and France experiencing increased demand for dairy-free and plant-based beverages. In these countries, the shift toward plant-based diets and the rising awareness of lactose intolerance have fueled the growth of almond milk consumption. Europe has also seen the rise of niche health and wellness stores, which offer a variety of plant-based milk alternatives, including almond milk. The region’s focus on sustainability and eco-friendly products has further boosted the demand for organic almond milk. With consumers in Europe becoming increasingly health-conscious and environmentally aware, the almond milk market is expected to continue its upward trajectory in the coming years.
Asia Pacific is an emerging market for almond milk, with countries such as China, India, and Japan experiencing growing demand for plant-based milk alternatives. In these countries, where lactose intolerance is prevalent, almond milk is becoming a popular choice for individuals seeking dairy-free options. As the region’s middle class expands and consumer preferences shift toward healthier, plant-based diets, almond milk is expected to witness significant growth. The increasing popularity of Western diets, coupled with rising concerns over health and wellness, is further driving the demand for almond milk in the region.
In the Middle East & Africa, the demand for almond milk is growing, particularly in urban areas where health trends are gaining traction. As more consumers in the region adopt plant-based diets for health or ethical reasons, almond milk is becoming a sought-after beverage. Latin America, though not as large a market as North America or Europe, is also seeing increased interest in almond milk due to growing awareness of the health benefits associated with plant-based diets. The demand for almond milk in these regions is expected to grow as consumers become more health-conscious and open to plant-based alternatives.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Almond Milk Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Health and Wellness Trends
- Increasing Lactose Intolerance and Dairy Allergies
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Rise in Vegan and Plant-Based Lifestyles-The rise of veganism and plant-based lifestyles has become one of the most significant drivers for the growth of the almond milk market. Veganism, which is not only about avoiding animal products but also a lifestyle choice focused on sustainability, cruelty-free living, and environmental consciousness, has been gaining momentum globally. As more consumers embrace plant-based diets, there is a corresponding rise in demand for plant-based alternatives to traditional dairy products, including almond milk. This shift can be attributed to several factors, such as ethical concerns surrounding animal welfare, a growing awareness of the environmental impact of animal agriculture, and the health benefits associated with plant-based diets.
For instance, a plant-based diet is often associated with lower risks of chronic diseases such as heart disease, diabetes, and certain cancers. Almond milk, being a low-calorie, cholesterol-free, and rich in essential nutrients such as vitamin E, is increasingly viewed as a health-conscious alternative to cow’s milk. The vegan and plant-based community values almond milk for its versatility in recipes ranging from smoothies to baked goods, further boosting its demand. The rise of plant-based food and beverage startups, which often offer almond milk as part of their product portfolio, has also played a crucial role in driving the market’s growth.
In addition, the growing awareness of climate change and the need for sustainable living has prompted many consumers to adopt plant-based diets. Almond farming, as compared to dairy farming, has a lower carbon footprint, making almond milk an appealing choice for environmentally conscious consumers. The increasing number of vegan and plant-based food brands, as well as the rising number of plant-based influencers and celebrities, further drives the mainstream acceptance of plant-based products. The shift in dietary preferences, especially among younger generations, has solidified almond milk’s place in the global beverage market, making it a vital category within the broader plant-based industry.
Restraints:
- High Cost of Almond Milk
- Environmental Concerns Over Almond Farming
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Challenges in Supply Chain and Almond Sourcing-Almond farming, although considered a more sustainable option than dairy farming, has not been without its environmental concerns. One of the major issues associated with almond milk production is the water usage involved in almond cultivation. Almond trees require a significant amount of water to grow, and in regions where water scarcity is already a concern, such as California, which is one of the largest almond-producing areas, the environmental impact of almond farming has raised concerns. The water-intensive nature of almond farming has led to debates about its sustainability and the long-term viability of almond milk as a low-impact, environmentally friendly product.
In addition, almond farming can also lead to soil depletion and the use of pesticides and fertilizers, particularly in conventional almond production. While organic almond farming practices address some of these concerns, the environmental footprint of almond cultivation remains a topic of scrutiny. This has created a need for more sustainable farming practices, such as the use of water-efficient irrigation systems and regenerative agricultural techniques, to mitigate the environmental impact of almond milk production. However, the ongoing debate around the sustainability of almond farming could potentially hinder the growth of the almond milk market if concerns regarding water use and environmental degradation continue to gain prominence.
Opportunities:
- Product Innovation and Flavors
- Expansion into Emerging Markets
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Collaborations with Plant-Based Brands and Retailers-Product innovation and the introduction of diverse flavors present significant opportunities for the almond milk market. As consumers become more adventurous in their tastes and preferences, manufacturers are increasingly experimenting with different flavors and formulations to cater to a wide range of dietary needs. Flavored almond milk, including vanilla, chocolate, and coffee varieties, has gained popularity as a way to enhance the taste profile of this plant-based beverage, appealing to a broader consumer base. These flavored variations can be marketed as premium offerings, with added nutritional benefits such as protein fortification, probiotics, or reduced sugar content.
Moreover, there is an increasing trend toward functional almond milk, where the product is enhanced with additional health benefits. For example, almond milk fortified with calcium, vitamin D, and omega-3 fatty acids can be marketed as a more nutritious alternative to dairy milk, especially for individuals who may have specific dietary requirements. This growing emphasis on functional beverages opens up new markets for almond milk as a versatile, health-boosting drink option.
The rise of “clean” and “natural” labeling trends has also prompted manufacturers to innovate around the ingredient list of almond milk. Consumers are increasingly looking for products that are free from artificial additives, preservatives, and sweeteners. Therefore, almond milk producers are exploring options to offer minimally processed products with few ingredients, appealing to consumers who prioritize transparency and simplicity in food choices. Product innovation, whether in flavor variety, functional benefits, or ingredient sourcing, is an essential opportunity for almond milk producers to expand their market share and cater to evolving consumer demands.
Competitive Landscape Analysis
Key players in Global Almond Milk Market include,
- Danone
- Califia Farms
- Blue Diamond Growers
- Elmhurst Milked Direct LLC
- Malk Organics
- Pacific Foods of Oregon, LLC
- Hain Celestial Group
- Natura Foods
- Daiya Foods Inc.
- SunOpta Inc.
- Three Trees Organic
- Rude Health
- Orgain, Inc.
- New Barn Organics
- Hiland Dairy Foods Company
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Category
- Market Snapshot, By Packaging Type
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Almond Milk Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Health and Wellness Trends
- Increasing Lactose Intolerance and Dairy Allergies
- Rise in Vegan and Plant-Based Lifestyles
- Restraints
- High Cost of Almond Milk
- Environmental Concerns Over Almond Farming
- Challenges in Supply Chain and Almond Sourcing
- Opportunities
- Product Innovation and Flavors
- Expansion into Emerging Markets
- Collaborations with Plant-Based Brands and Retailers
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Almond Milk Market, By Category, 2021 - 2031 (USD Million)
- Organic
- Conventional
- Global Almond Milk Market, By Packaging Type, 2021 - 2031 (USD Million)
- Bottles
- Cans
- Cartons
- Global Almond Milk Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Store-Based
- Supermarkets & Hypermarkets
- Convenience Stores
- Others
- Non-Store-Based
- Store-Based
- Global Almond Milk Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Almond Milk Market, By Category, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Danone
- Califia Farms
- Blue Diamond Growers
- Elmhurst Milked Direct LLC
- Malk Organics
- Pacific Foods of Oregon, LLC
- Hain Celestial Group
- Natura Foods
- Daiya Foods Inc.
- SunOpta Inc.
- Three Trees Organic
- Rude Health
- Orgain, Inc.
- New Barn Organics
- Hiland Dairy Foods Company
- Company Profiles
- Analyst Views
- Future Outlook of the Market