Almond drinks are extracted from ground almonds that consist of nutty flavor and creamy texture. Almond drinks do not contain lactose and are highly preferred by customers that are lactose intolerant and people that avoid dairy products, including vegan customers. Popular brands of almond drinks include Blue Diamond’s Almond Breeze and White Wave Food’s Silk Pure Almond. Almond drinks are the most consumed milk substitute globally that are fueling the sales expansion over the recent years.
Market drivers and restraints:
The global almond drinks market is driven by factors like the rising call for lactose-free food products owing to the ease of digestion. Increasing levels of lactose intolerance are one of the key driving factors of the market. Increasing customer awareness relating to the use of lactose-free dairy products in day-to-day life that will assist in maintaining the galactose level in the body is one of the key driving factors for the market worldwide. Makers are offering innovative dairy products to the customers in order to remain in the competition in the global almond drink market.
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Report segmented as:
- plain unsweetened form
- plain sweetened form
By distribution channel:
- online stores
- retail stores
- snacks and beverages
On the basis of geography, the global almond drink market can be segmented into key regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and Middle East & Africa. Worldwide, among all regions, North America is developed as the lead region in global almond drink market followed by Europe and Asia Pacific.
Important market players:
Some of the major players operating across the value chain of the global almond drink market are Fuerst Day Lawson, The Pressery, THE LUZ ALMOND COMPANY PTY LTD, Alpro, Provamel, MALK Organics, DREAM, Nutriops S,L, NATURA FOODS, Rude Health, Blue Diamond Growers are among others.
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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