Market Overview:
The global flavored walnut milk market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for plant-based milk alternatives and rising awareness about the health benefits of walnuts. Based on type, the global flavored walnut milk market can be segmented into pure walnut milk and mixed Walnut milk. The pure Walnut Milk segment is expected to account for a larger share of the market in terms of revenue in 2018. This can be attributed to its high nutritional value as well as its growing popularity among consumers owing to its natural flavor and texture. Based on application, the global flavored Walnut Milk Market can be divided into adult beverages and children’s beverages. The adult beverage segment is anticipated to account for a larger share of the overall market in terms revenue in 2018, owingtoits higher demand from consumers across various regions worldwide .
Product Definition:
Flavored Walnut Milk is a dairy-free milk alternative made from walnuts. It is often enriched with vitamins and minerals, making it a healthier choice than other dairy-free milk alternatives. Flavored Walnut Milk can be used in coffee, tea, smoothies, and baking recipes.
Pure Walnut Milk:
Pure Walnut Milk is a plant-based dairy alternative made from walnuts and water. It has become increasingly popular in the vegan community as it is naturally sweet, creamy, and versatile. The product can be used to make various beverages such as coffee & tea drinks, smoothies, ice creams & desserts or baked goods like cookies & cakes.
Mixed Walnut Milk:
Mixed walnut milk is a combination of soy and almond milk with added mixed nuts such as almonds, cashews, hazelnuts and others. It has low-fat content compared to other types of nut milk which makes it healthy for consumption. The product also provides various nutritional benefits like protein, vitamin B6 & selenium among others.
Application Insights:
The adult segment held the largest share of more than 60.0% in 2017. The application of flavored walnut milk is generally associated with breakfast cereals, ice cream, cakes and pastries, cookies and bars among other desserts. Increasing demand for these products as a snack or dessert alternative is expected to drive the market over the forecast period.
The children segment was valued over USD 40 million in 2017 owing to rising consumption of flavored milk products across schools and daycare centers as an enrichment product along with physical education classes.
Regional Analysis:
North America dominated the global flavored walnut milk market in 2017. The region is expected to witness a considerable growth rate of 5.6% over the forecast period, owing to increasing consumption of dairy alternatives by adults and children alike. In addition, rising demand for low-sugar and no-sugar products has been fueling regional product sales over the past few years.
Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing to rising disposable income levels among consumers coupled with changing food preferences towards flavored beverages in countries such as China and India due to their vast cultural diversity as well as different taste preferences between regions within these two countries. Furthermore, an increase in awareness regarding nutraceutical properties associated with various types of flavored milk will also drive regional growth over coming years.
Growth Factors:
- Increasing demand for plant-based milk alternatives: The global market for plant-based milk is projected to grow at a CAGR of more than 14% from 2019 to 2025. This growth can be attributed to the increasing awareness about the health benefits of plant-based milk and the rising number of vegan/vegetarian consumers. Flavored walnut milk is a good option for those looking for a dairy-free, nutrient-rich beverage.
- Growing popularity of nut milks: Nut milks are becoming increasingly popular due to their high nutritional value and delicious taste. They are also low in calories and cholesterol, making them a healthy choice for people looking to lose weight or manage their cholesterol levels. Flavored walnut milk is one such nut milk that has gained popularity in recent years due its unique flavor profile and health benefits.
- Rising demand from millennials: Millennials account for around 32% of all grocery spending in the US, making them an important target segment for food manufacturers and retailers alike. They are also more likely than other age groups to try new products and flavors, which makes flavored walnut milk an ideal product choice for this demographic group .
Scope Of The Report
Report Attributes
Report Details
Report Title
Flavored Walnut Milk Market Research Report
By Type
Pure Walnut Milk, Mixed Walnut Milk
By Application
Adult, Children
By Companies
Borges Agricultural and Industrial Nuts, Elmhurst Milked Direct LLC, H Milk Food Joint Stock Company, Simple Foods Co., Ltd., Chengde Lulu, Mengniu, Panpan Food, Sanyuan, Wahaha, Yili
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Flavored Walnut Milk Market Report Segments:
The global Flavored Walnut Milk market is segmented on the basis of:
Types
Pure Walnut Milk, Mixed Walnut Milk
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
Adult, Children
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:
- Borges Agricultural and Industrial Nuts
- Elmhurst Milked Direct LLC
- H Milk Food Joint Stock Company
- Simple Foods Co., Ltd.
- Chengde Lulu
- Mengniu
- Panpan Food
- Sanyuan
- Wahaha
- Yili
Highlights of The Flavored Walnut 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:
- Pure Walnut Milk
- Mixed Walnut Milk
- By Application:
- Adult
- Children
- 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 Flavored Walnut 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
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- Consumer Insights
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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?
Flavored walnut milk is a type of milk that has been flavored with different flavors, such as vanilla, chocolate, and hazelnut.
Some of the key players operating in the flavored walnut milk market are Borges Agricultural and Industrial Nuts, Elmhurst Milked Direct LLC, H Milk Food Joint Stock Company, Simple Foods Co., Ltd., Chengde Lulu, Mengniu, Panpan Food, Sanyuan, Wahaha, Yili.
The flavored walnut milk market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flavored Walnut 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 Flavored Walnut Milk Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flavored Walnut 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 Flavored Walnut 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 Flavored Walnut Milk Market Size & Forecast, 2018-2028
4.5.1 Flavored Walnut Milk Market Size and Y-o-Y Growth
4.5.2 Flavored Walnut Milk Market Absolute $ Opportunity
Chapter 5 Global Flavored Walnut 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 Flavored Walnut Milk Market Size Forecast by Type
5.2.1 Pure Walnut Milk
5.2.2 Mixed Walnut Milk
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Flavored Walnut 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 Flavored Walnut Milk Market Size Forecast by Applications
6.2.1 Adult
6.2.2 Children
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flavored Walnut 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 Flavored Walnut 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 Flavored Walnut Milk Analysis and Forecast
9.1 Introduction
9.2 North America Flavored Walnut 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 Flavored Walnut Milk Market Size Forecast by Type
9.6.1 Pure Walnut Milk
9.6.2 Mixed Walnut Milk
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 Flavored Walnut Milk Market Size Forecast by Applications
9.10.1 Adult
9.10.2 Children
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 Flavored Walnut Milk Analysis and Forecast
10.1 Introduction
10.2 Europe Flavored Walnut 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 Flavored Walnut Milk Market Size Forecast by Type
10.6.1 Pure Walnut Milk
10.6.2 Mixed Walnut Milk
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 Flavored Walnut Milk Market Size Forecast by Applications
10.10.1 Adult
10.10.2 Children
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 Flavored Walnut Milk Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Flavored Walnut 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 Flavored Walnut Milk Market Size Forecast by Type
11.6.1 Pure Walnut Milk
11.6.2 Mixed Walnut Milk
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 Flavored Walnut Milk Market Size Forecast by Applications
11.10.1 Adult
11.10.2 Children
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 Flavored Walnut Milk Analysis and Forecast
12.1 Introduction
12.2 Latin America Flavored Walnut 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 Flavored Walnut Milk Market Size Forecast by Type
12.6.1 Pure Walnut Milk
12.6.2 Mixed Walnut Milk
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 Flavored Walnut Milk Market Size Forecast by Applications
12.10.1 Adult
12.10.2 Children
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) Flavored Walnut Milk Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Flavored Walnut 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) Flavored Walnut Milk Market Size Forecast by Type
13.6.1 Pure Walnut Milk
13.6.2 Mixed Walnut Milk
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) Flavored Walnut Milk Market Size Forecast by Applications
13.10.1 Adult
13.10.2 Children
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 Flavored Walnut Milk Market: Competitive Dashboard
14.2 Global Flavored Walnut Milk Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Borges Agricultural and Industrial Nuts
14.3.2 Elmhurst Milked Direct LLC
14.3.3 H Milk Food Joint Stock Company
14.3.4 Simple Foods Co., Ltd.
14.3.5 Chengde Lulu
14.3.6 Mengniu
14.3.7 Panpan Food
14.3.8 Sanyuan
14.3.9 Wahaha
14.3.10 Yili
