Global Peanut Milk Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Nature;

Conventional and Organic.

By Sales Channel;

Store-based Retailing, HoReCa, Independent Small Groceries, and Online Retailing.

By Price Range;

Economic, Mid-range, and Premium.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn551990136 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Peanut Milk Market (USD Million), 2021 - 2031

In the year 2024, the Global Peanut Milk Market was valued at USD 386.16 million. The size of this market is expected to increase to USD 728.89 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.5%.

The global peanut milk market is emerging as a dynamic segment within the plant-based milk alternatives industry, driven by growing consumer demand for dairy-free options and the increasing popularity of plant-based diets. Peanut milk, derived from blending water and peanuts, offers a creamy texture and nutty flavor profile that appeals to consumers seeking alternatives to traditional dairy milk. This product innovation caters to individuals with lactose intolerance, vegan preferences, or those simply looking for nutritious beverage alternatives.

One of the key drivers propelling the growth of the peanut milk market is its nutritional profile. Peanut milk is naturally rich in protein, healthy fats, vitamins, and minerals, including potassium and magnesium. It provides a comparable protein content to dairy milk, making it a viable substitute for consumers looking to maintain or enhance their protein intake. Moreover, the presence of beneficial nutrients contributes to its appeal as a wholesome beverage choice in the increasingly health-conscious consumer landscape.

Geographically, North America and Europe are witnessing significant adoption of peanut milk due to established markets for plant-based products and rising consumer awareness about health and sustainability. These regions benefit from a robust infrastructure supporting product innovation, distribution channels, and consumer education regarding the benefits of plant-derived milk alternatives. In Asia-Pacific and other emerging markets, the peanut milk segment is poised for growth, driven by expanding urban populations, changing dietary preferences, and increasing disposable incomes.

As the global peanut milk market continues to evolve, fueled by innovation in product formulations and expanding distribution networks, it is expected to carve out a substantial niche within the broader plant-based beverage sector. The market's development is marked by a focus on meeting diverse consumer needs for healthful, environmentally friendly alternatives to traditional dairy products, thereby shaping the future of beverage consumption worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Nature
    2. Market Snapshot, By Sales Channel
    3. Market Snapshot, By Price Range
    4. Market Snapshot, By Region
  4. Global Peanut Milk Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Health Consciousness
        2. Rising Vegan and Plant-Based Trends
        3. Product Innovation and Marketing
      2. Restraints
        1. Allergen Concerns
        2. Regulatory Challenges
        3. Price Sensitivity
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Diversification and Product Differentiation
        3. Partnerships and Collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Peanut Milk Market, By Nature, 2021 - 2031 (USD Million)
      1. Conventional
      2. Organic
    2. Global Peanut Milk Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. Store-based Retailing
      2. HoReCa
      3. Independent Small Groceries
      4. Online Retailing
    3. Global Peanut Milk Market, By Price Range, 2021 - 2031 (USD Million)
      1. Economic
      2. Mid-range
      3. Premium
    4. Global Peanut Milk Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Elmhurst 1925
      2. Malk Organics
      3. Goodmylk Co.
      4. Milkadamia
      5. Ripple Foods
      6. So Delicious Dairy Free
      7. Pacific Foods
      8. Califa Farms
      9. Earth's Own
      10. Blue Diamond Almonds
  7. Analyst Views
  8. Future Outlook of the Market