Market Overview:
The global organic almond milk market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for organic food products, rising awareness about the benefits of consuming organic foods, and growing inclination of consumers towards veganism and lactose-free diets. The liquid milk segment is expected to dominate the global organic almond milk market during the forecast period owing to its high demand as a dairy alternative across various applications such as online sales and offline sales. The North America region is estimated to account for the largest share of the global organic almond milk market in 2018, followed by Europe and Asia Pacific.
Product Definition:
Organic almond milk is a plant-based beverage that is made from almonds and water. It is often used as a dairy-free or vegan alternative to cow's milk. Organic almond milk contains no cholesterol, lactose, or saturated fat, and it has a lower calorie count than cow's milk. It also has more calcium and vitamin E than cow's milk.
Liquid Milk:
Liquid milk is a by-product obtained during the processing of cream and milk. It contains all the nutritional values of whole milk with added benefits such as low calories, high vitamin A & D content, no saturated fat & cholesterol and it's cost effective than whole or powdered milk. The global liquid milk market size was valued at USD 2 billion in 2014 and is expected to grow at a CAGR of XX% from 2015 to 2022.
Milk Powder:
Milk powder is a by-product obtained during the production of milk and it is used as an ingredient in organic almond milk. It contains numerous nutritional ingredients such as vitamin A, vitamin D, calcium, protein and many more. The product also has several medicinal properties which help in curing several health issues including osteoporosis and arthritis among others.
Application Insights:
Offline sales dominated the overall industry in 2017, accounting for over 70.0% share of the total revenue. Offline channels such as food stores and supermarkets are preferred by most consumers due to convenience and availability of a larger selection of products. Online sales, on the other hand, is expected to be the fastest-growing application segment during the forecast period owing to increasing internet penetration across countries such as India and China coupled with rising e-commerce activities in these regions.
The product has numerous health benefits when consumed along with organic raw fruits and vegetables providing various essential nutrients including vitamin B6, vitamin C, zinc oxide amino acid chelate minerals (such as calcium phosphate), omega 6 & omega 3 fatty acids among others which makes it an ideal functional ingredient in dietary supplements market.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to increasing awareness regarding a healthy diet, rising consumer preference for plant-based milk alternatives, and growing demand for organic products. Moreover, new product launches by key manufacturers are anticipated to further boost industry growth in North America. For instance, in September 2018; So Delicious launched two new flavors of soymilk powder – original and cashew flavor -in U.S., which are both gluten-free and non-GMO as well as vegan options available in grocery stores nationwide (U.S.).
Growth Factors:
- Increasing demand for organic food products: The global demand for organic food is increasing due to the growing awareness of the health benefits of consuming organic foods. This is driving the growth of the organic almond milk market.
- Rising consumer preference for plant-based milk alternatives: There is a growing trend among consumers to shift from dairy milk to plant-based milk alternatives, such as almond milk, due to health and environmental concerns. This is boosting the growth of the organic almond milk market.
- Growing popularity of veganism and vegetarianism: Veganism and vegetarianism are becoming increasingly popular, especially among millennials, which is contributing to the growth of the organic almond milk market.
- Rising disposable income levels in developing countries: Disposable income levels are rising in developing countries, providing consumers with more purchasing power to buy premium-priced products such as organic almond milk. This is aiding in the growth oftheorganicalmondmilkmarketin these regions . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Organic Almond Milk Market Research Report
By Type
Liquid Milk, Milk Powder
By Application
Online Sales, Offline Sales
By Companies
Blue Diamond Growers, SunOpta, Pacific Foods of Oregon, Danone Group, Nestle, Orgain Inc, Sanitarium Health Food, Hiland Dairy, Nutriops, Natura Foods, The Hain Celestial Group, Pureharvest, Bridge, Mand’Or Organic Almond Milk, Elmhurst Milked Direct
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Organic Almond Milk Market Report Segments:
The global Organic Almond Milk market is segmented on the basis of:
Types
Liquid Milk, Milk Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online Sales, Offline Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Blue Diamond Growers
- SunOpta
- Pacific Foods of Oregon
- Danone Group
- Nestle
- Orgain Inc
- Sanitarium Health Food
- Hiland Dairy
- Nutriops
- Natura Foods
- The Hain Celestial Group
- Pureharvest
- Bridge
- Mand’Or Organic Almond Milk
- Elmhurst Milked Direct
Highlights of The Organic Almond Milk Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid Milk
- Milk Powder
- By Application:
- Online Sales
- Offline Sales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Organic Almond Milk Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Organic almond milk is made from almonds that have not been treated with any pesticides, herbicides, or other chemicals.
Some of the key players operating in the organic almond milk market are Blue Diamond Growers, SunOpta, Pacific Foods of Oregon, Danone Group, Nestle, Orgain Inc, Sanitarium Health Food, Hiland Dairy, Nutriops, Natura Foods, The Hain Celestial Group, Pureharvest, Bridge, Mand’Or Organic Almond Milk, Elmhurst Milked Direct.
The organic almond milk market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Organic Almond Milk Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Organic Almond Milk Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Organic Almond Milk Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Organic Almond Milk Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Organic Almond Milk Market Size & Forecast, 2018-2028 4.5.1 Organic Almond Milk Market Size and Y-o-Y Growth 4.5.2 Organic Almond Milk Market Absolute $ Opportunity
Chapter 5 Global Organic Almond Milk Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Organic Almond Milk Market Size Forecast by Type
5.2.1 Liquid Milk
5.2.2 Milk Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Organic Almond Milk Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Organic Almond Milk Market Size Forecast by Applications
6.2.1 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Organic Almond Milk Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Organic Almond Milk Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Organic Almond Milk Analysis and Forecast
9.1 Introduction
9.2 North America Organic Almond Milk Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Organic Almond Milk Market Size Forecast by Type
9.6.1 Liquid Milk
9.6.2 Milk Powder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Organic Almond Milk Market Size Forecast by Applications
9.10.1 Online Sales
9.10.2 Offline Sales
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Organic Almond Milk Analysis and Forecast
10.1 Introduction
10.2 Europe Organic Almond Milk Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Organic Almond Milk Market Size Forecast by Type
10.6.1 Liquid Milk
10.6.2 Milk Powder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Organic Almond Milk Market Size Forecast by Applications
10.10.1 Online Sales
10.10.2 Offline Sales
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Organic Almond Milk Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Organic Almond Milk Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Organic Almond Milk Market Size Forecast by Type
11.6.1 Liquid Milk
11.6.2 Milk Powder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Organic Almond Milk Market Size Forecast by Applications
11.10.1 Online Sales
11.10.2 Offline Sales
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Organic Almond Milk Analysis and Forecast
12.1 Introduction
12.2 Latin America Organic Almond Milk Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Organic Almond Milk Market Size Forecast by Type
12.6.1 Liquid Milk
12.6.2 Milk Powder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Organic Almond Milk Market Size Forecast by Applications
12.10.1 Online Sales
12.10.2 Offline Sales
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Organic Almond Milk Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Organic Almond Milk Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Organic Almond Milk Market Size Forecast by Type
13.6.1 Liquid Milk
13.6.2 Milk Powder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Organic Almond Milk Market Size Forecast by Applications
13.10.1 Online Sales
13.10.2 Offline Sales
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Organic Almond Milk Market: Competitive Dashboard
14.2 Global Organic Almond Milk Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Blue Diamond Growers
14.3.2 SunOpta
14.3.3 Pacific Foods of Oregon
14.3.4 Danone Group
14.3.5 Nestle
14.3.6 Orgain Inc
14.3.7 Sanitarium Health Food
14.3.8 Hiland Dairy
14.3.9 Nutriops
14.3.10 Natura Foods
14.3.11 The Hain Celestial Group
14.3.12 Pureharvest
14.3.13 Bridge
14.3.14 Mand’Or Organic Almond Milk
14.3.15 Elmhurst Milked Direct