Almond Drinks Market, by Product Type (Plain Sweetened, Plain Unsweetened),by Flavor (Vanilla, Chocolate, Strawberry, Peach and Others) by Distribution Channel (Supermarkets, Hypermarkets, Online Channel, Convenience Stores and Others) by Packaging (Paper Cartons, Plastic Bottles and Others, By Quantity (100 ML-200 ML, 201 ML-300 ML, 300 ML-500 ML and Above 500 ML) – Global Insights, Trends and Forecast, 2017 - 2025

Created On: Jun-2018
Report ID: IR103
Format: PDF

Almond drinks refers to such drinks that are extracted from ground almonds which consists of creamy texture and nutty flavor. Such drinks does not contain lactose, and is highly preferred by the consumers who are lactose intolerant and avoids dairy products. Major brands that are associated in the manufacturing of almond drinks includes Blue Diamond’s Almond Breeze are consumed mostly across the globe. Rise in the concern toward dietary restriction plays an important role in the rise in the demand for almond drinks in the recent years. Such drinks consist of high amount of fibers, proteins and lipids and are thus consumed by large number of people across the globe.

Inclination toward consumption of dairy products that are lactose free in order to maintain the proper galactose level in the body has resulted to the rise in the demand for the almond drinks in recent years. The growth trajectories of the almond drinks and dairy milk are starkest when the sales are concerned. According to Insights and Reports the sales of almond milk grew 7.9% in 2016 while the traditional milk fell by 7%. However lack of awareness regarding the benefits of products among all sections of the population is the major restrain to the almond drinks market.

In terms of region wise study the market has been segmented into North America, Europe, Asia Pacific, Middle East, Africa and Latin America. North America dominated the market followed by Europe and Asia Pacific. Rise in the number lactose intolerant consumers over the years has resulted to the dominance of the North America almond drinks market.

Furthermore, increase retail sales of almond drinks were expected to increase to US$ 1.8 billion by 2020.

The market for almond remains highly competitive with several players emphasizing on product innovation, new launches, merger and acquisitions and geographic expansion to increase market share. Some of the key players operating in the almond drinks market include Furest Day Lawson, Natura Foods, Alpro, Blue Diamond Growers, Malk Organics among others

Our Research Approach Includes
  •  Market Outlining
  •  Framing discussion guide
  •  Data Validation
  • Data Analysis
  •  Re-Validation and Finalization of Data
  •  Report Insights and Publishing
Our Research Approach Includes
  •  Market Outlining
  •  Framing discussion guide
  •  Data Validation
  • Data Analysis
  •  Re-Validation and Finalization of Data
  •  Report Insights and Publishing
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