Global Almond Drinks Market Size showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ XX.XX over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of XX.XX% during the forecast period, i.e. 2017-2025.

Global Almond Drinks Market Growth Opportunities (Revenue, Growth) By 2017-2025

Almond Drinks are the drinks that are extracted from the ground almonds that consists of various nutrients, and is of creamy texture. These drinks contains lactose which is preferred by the consumers intolerant and individuals that avoid dairy products, including vegan consumers. Almond drinks are the most consumed milk alternative worldwide, as dietary restrictions may also be playing a vital role in the rise of almond drinks in the recent past, as the drinks lacks high amount of lactose as compared with traditional milk and milk-based products.

Market Dynamics

Almond Drinks market is estimated to grow at a healthy CAGR of from 2017-2025. The market is expected to grow at a faster pace during the forecast period.  The Almond Drinks market is primarily driven by rising consumption of almond flavored milk, and rising awareness for the consumption of lactose as compared with traditional milk and milk-based products.

In addition, Consumption of almond drinks offers excellent benefits in weight management, maintaining bone health, muscle strength and smooth digestion. Also, Almond milk contains 50 percent of the recommended daily amount of vitamin E, which contains antioxidant properties essential to skin's health, such as protecting it against sun damage has also influenced the market growth in the coming years.

Segment Analysis 

Based on the product type, the Almond Drinks market is segmented as plain sweetened, and plain unsweetened. Similarly, by flavor vanilla, chocolate, strawberry, peach and others. Also, based on distribution channel the almond drinks market is segmented as online stores, supermarket/hypermarket, retail stores, and others. The global almond drink market is segmented on the basis of application in which almond drink is used in application in food products such as cheese, desserts, and snacks and beverages such as cold-pressed milks and others

Regional Analysis

North America to hold the largest market share in this industry globally, which is followed by the Europe and Asia Pacific. The region to dominate the market growth in the coming years owning to the increased consumption of almond milk, and increasing demand for almond drink in lactose-intolerant consumers, has strengthened the growth of global almond drink market and hence is projected to significantly expand the revenue contribution of the market over the forecast period.

Global Almond Drinks Market Size, Share Analysis By Region 2017

Asia Pacific is expected to favor the growing Almond Drinks market owning to the rising demand of almond milk, and increasing food processing industries in the countries across Asia pacific. Rising consumer awareness regarding usage of lactose-free dairy products in day-to-day life which will help in maintaining the galactose level in the body, is one of the major influencing factors for the market in the coming years.

Almond Drinks Market: Secondary Research

To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.

Almond Drinks Market: Primary Research

For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in almond drinks market are included as primary sources of the supply side.

After performing comprehensive engineering of almond drinks market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.

Key Players

Major players operating in global Almond Drinks market include Fuerst Day Lawson, The Pressery, THE LUZ ALMOND COMPANY PTY LTD, Alpro, Provamel, MALK Organics, DREAM, Nutriops S,L, NATURA FOODS, Rude Health, and Blue Diamond Growers.

Global Almond Drinks Market Study Report Offer You!

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