Market Research Future (Food and Beverages) Almond Milk Market: Global Industry Analysis | Page 3

Almond Milk Market Research Report – Forecast to 2023
2 Market Overview
Almond milk is plant milk and a substitute for animal-based milk products. It is derived from almond and is lactose
and casein free and rich in several healthy nutrients. It is a low-calorie beverage for which it is gaining momentum
among a large number of consumers. Commercial almond milk is available in various flavors and is usually enriched
with vitamins, minerals, or proteins by the manufacturers.
Almond milk is a popular substitute for dairy milk and milk products. Growing population of lactose intolerant
individuals, along with increasing vegan population, is driving the growth of the market. The high nutritional content
of the product is primarily supporting the sales of the product. Health conscious consumers are more inclined towards
almond milk. Changing consumption pattern and inclination towards on-the-go products among the growing working
population is boosting the growth of the almond milk market.
Manufacturers are coming up with variety in flavor offerings of the product, which is bringing a surge in demand for
almond milk. Moreover, innovative and attractive packaging also adds value to the product growth. Additionally,
advertising campaigns carried out by the key players also impact the growth of the market
Intended Audience:
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Food and beverages
Cosmetic industry
Personal care manufacturers
Retailers, wholesaler, and distributors
E-commerce
Traders, importers, and exporters
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