Almond Milk Market Size and Forecast (2020 - 2033), Global and Regional Growth, Trend, Share and Industry Analysis Report Coverage; By Type (Sweetened, Unsweetened, Flavoured, Organic); By Packaging (Cartons, Bottles, Cans, Others); By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online Retail, Specialty Stores, Others); and By Geography


PUBLISHED ON
2025-09-16
CATEGORY NAME
Consumer Products

Description

Almond Milk Market Overview

The global almond milk market is witnessing strong growth, fueled by rising consumer adoption of plant-based dairy alternatives, increasing cases of lactose intolerance, and the growing demand for healthier beverages. Valued at USD 7.9 billion in 2025, the market is projected to reach USD 19.6 billion by 2033, growing at a CAGR of 12.3%.

Almond milk, produced by blending almonds with water and often fortified with vitamins and minerals, is widely recognized for its nutritional profile, low-calorie content, and suitability for lactose-intolerant and vegan consumers. Its applications extend beyond direct consumption to include use in coffee, smoothies, desserts, and cooking, making it a versatile dairy substitute.

The surge in veganism, combined with health-conscious consumer lifestyles, is driving large-scale adoption of almond milk across North America and Europe, while Asia-Pacific is emerging as a key growth hub due to increasing urbanization and dietary diversification. Furthermore, the rise of e-commerce platforms and specialty stores has expanded accessibility and consumer awareness. As food innovation continues; almond milk fortified with added protein, flavors, and functional ingredients is expected to redefine the global dairy alternatives market landscape.

Almond Milk Market Drivers and Opportunities

Rising Prevalence of Lactose Intolerance and Dairy Allergies

A primary driver of the almond milk market growth is the increasing prevalence of lactose intolerance and dairy-related allergies worldwide. According to global health data, nearly 65–70% of the global population experiences some degree of lactose malabsorption, particularly across Asia and Africa. Almond milk serves as a popular alternative, being naturally lactose-free and easily digestible. Consumers who experience bloating, stomach discomfort, or allergic reactions from cow’s milk are turning to plant-based options like almond milk for relief without compromising taste or nutrition. In addition, growing awareness of animal welfare concerns and the environmental impact of dairy farming has further propelled consumer preference toward almond milk as a sustainable, ethical, and health-friendly choice.

Growing Health and Wellness Trends

The global shift toward healthier lifestyles and clean-label products is another key driver. Almond milk is low in saturated fat and calories compared to dairy milk and is often fortified with essential nutrients such as vitamin D, calcium, and vitamin E, making it an appealing choice for weight management, bone health, and heart health. Increasing demand for dairy alternatives enriched with protein and functional ingredients is also boosting innovation within the almond milk category. Fitness enthusiasts and health-conscious millennials are particularly driving consumption, using almond milk in shakes, smoothies, and recipes as a part of balanced diets. The product’s image as a premium, natural, and “better-for-you” option further enhances its market appeal.

Opportunity: Expansion of Plant-Based Beverages in Emerging Markets

A major growth opportunity lies in expanding almond milk adoption across emerging markets in Asia-Pacific, Latin America, and the Middle East. Rapid urbanization, rising disposable incomes, and shifting dietary patterns are accelerating demand for healthier beverage alternatives in these regions. In countries such as India, China, and Brazil, plant-based diets are gaining momentum due to increased awareness of health benefits and environmental sustainability. Retail modernization, coupled with the rapid penetration of online grocery platforms, makes almond milk more accessible to middle-class households. Furthermore, government initiatives promoting plant-based diets to reduce carbon emissions provide an additional push. As consumer tastes evolve and demand for premium beverages grows, emerging economies represent a lucrative frontier for global almond milk producers to expand distribution networks and introduce innovative product variants.

Almond Milk Market Scope

Report Attributes

Description

Market Size in 2025

USD 7.9 Billion

Market Forecast in 2033

USD 19.6 Billion

CAGR % 2025-2033

12.3%

Base Year

2024

Historic Data

2020-2024

Forecast Period

2025-2033

Report USP

 

Production, Consumption, company share, company heatmap, company production Service Type, growth factors and more

Segments Covered

        By Type

        By Packaging

        By Distribution Channel

Regional Scope

        North America

        Europe

        APAC

        Latin America

        Middle East and Africa

Country Scope

1)      U.S.

2)      Canada

3)      U.K.

4)      Germany

5)      France

6)      Italy

7)      Spain

8)      Nederland 

9)      China

10)  India

11)  Japan

12)  South Korea

13)  Australia 

14)  Mexico

15)  Brazil

16)  Argentina

17)  Saudi Arabia

18)  UAE

19)  Egypt

20)  South Africa

Almond Milk Market Report Segmentation Analysis

The global almond milk market industry analysis is segmented by type, by packaging, by distribution channel, and by region.

Unsweetened almond milk holds the largest share in the almond milk market

The almond milk market is segmented into sweetened, unsweetened, flavored, and organic variants, with unsweetened almond milk holding the largest share. Health-conscious consumers increasingly prefer unsweetened options due to their low sugar content, suitability for weight management, and alignment with clean-label diets. This is particularly appealing to diabetics and fitness enthusiasts who actively avoid added sugars. Meanwhile, sweetened and flavored almond milk (vanilla, chocolate, strawberry, etc.) is gaining traction among younger demographics, children, and consumers looking for indulgence without dairy. The growth of organic almond milk represents a niche but rapidly expanding category, fueled by rising demand for pesticide-free, non-GMO, and sustainably sourced products. As consumer preferences diversify, manufacturers are innovating with fortified, protein-enriched, and functional almond milk variants to cater to both health-driven and taste-driven buyers, ensuring balanced growth across all categories.

Cartons dominate almond milk packaging

Cartons dominate almond milk packaging, supported by their convenience, extended shelf life, and widespread retail presence. Tetra Pak and similar carton formats are preferred by retailers and consumers alike, offering easy storage, portability, and eco-friendly options with recyclable materials. Shelf-stable cartons also enhance distribution efficiency, especially in emerging markets where cold-chain logistics may be limited. Meanwhile, bottled almond milk is gaining traction in cafés, quick-service restaurants, and on-the-go consumption scenarios. Premium bottled packaging also appeals to younger consumers seeking ready-to-drink, single-serve portions. As sustainability concerns rise, companies are innovating with biodegradable cartons, plant-based plastics, and recyclable bottle solutions to align with eco-conscious buyers. Cans and alternative formats occupy a small share but serve niche beverage segments such as flavored energy-style almond milk blends. Overall, while cartons will continue to dominate, bottled almond milk is expected to experience steady growth as café culture and out-of-home consumption rise globally.

Distribution Channel: Supermarkets and Online Retail Lead Growth

Supermarkets and hypermarkets account for the largest share of almond milk distribution, owing to their extensive retail penetration, wide product assortments, and brand visibility. They serve as the primary purchasing point for mainstream consumers, with in-store promotions and dedicated plant-based aisles further boosting sales. However, online retail is the fastest-growing channel, fueled by the convenience of doorstep delivery, rising e-commerce adoption, and subscription-based models offering regular almond milk supplies. Consumers increasingly prefer buying plant-based beverages online due to broader brand availability and product comparisons. Specialty health stores also play a critical role in promoting premium, organic, and niche almond milk brands, attracting health-focused and vegan buyers. Convenience stores contribute modestly but benefit from impulse purchases and ready-to-drink packaged options. Going forward, the integration of digital retail with personalized promotions and delivery services is expected to significantly enhance almond milk adoption across global markets.

The following segments are part of an in-depth analysis of the global Almond Milk Market:

Market Segments

By Type

        Sweetened

        Unsweetened

        Flavored

        Organic

By Packaging

        Cartons

        Bottles

        Cans

        Others

By Distribution Channel

        Supermarkets & Hypermarkets

        Convenience Stores

        Online Retail

        Specialty Stores

        Others


Almond Milk Market Share Analysis by Region

North America is the leading region driving the Almond Milk Market

North America dominates the global almond milk market, underpinned by strong consumer awareness of plant-based nutrition, high prevalence of lactose intolerance, and the rapid rise of vegan and flexitarian diets. The U.S. represents the largest single market, driven by the popularity of almond milk in households, cafés, and foodservice chains. Leading brands such as Blue Diamond Growers, Califia Farms, and Danone’s Silk have established deep retail penetration, supported by aggressive marketing and product innovation in flavors and fortified variants. Europe follows closely, with strong adoption in countries like the U.K. and Germany, where plant-based diets and sustainability concerns drive almond milk consumption. Meanwhile, the Asia-Pacific region is projected to witness the fastest growth, supported by rising health awareness, urbanization, and dietary shifts in China, India, and Japan. Latin America and the Middle East are emerging markets, where almond milk adoption is steadily increasing due to rising incomes and retail modernization.

Global Almond Milk Market Recent Developments News:

  • In July 2025, Blue Diamond Growers expanded its Almond Breeze range with protein-enriched almond milk targeted at fitness-conscious consumers in North America.
  • In June 2025, Danone S.A. introduced a new line of flavored and fortified almond milk beverages under its Silk brand in European markets.
  • In May 2025, Califia Farms partnered with a leading Asian e-commerce platform to expand its almond milk distribution across China and Southeast Asia.

The Global Almond Milk Market is dominated by a few large companies, such as

        Blue Diamond Growers

        Danone S.A. (Silk)

        Califia Farms

        Alpro (Owned by Danone)

        Earth’s Own Food Company

        Hain Celestial Group

        Hiland Dairy

        Malk Organics

        Elmhurst 1925

        Ripple Foods (plant-based portfolio)

        Sanitarium Health Food Company

        SunOpta Inc.

        Provamel

        Archer Daniels Midland (ADM) Company

        Oatly Group AB

        Other Prominent Players

Frequently Asked Questions

The almond milk market was valued at USD 7.9 billion in 2025.
The almond milk market size will increase at an approximate CAGR of 12.3% during the forecasted period.
Major companies include Blue Diamond Growers, Danone (Silk, Alpro), Califia Farms, Hain Celestial, and SunOpta.
North America currently dominates the global almond milk market due to strong consumer preference for plant-based dairy alternatives and leading brand presence.
  1. Global Almond Milk Market Introduction and Market Overview
    • Objectives of the Study
    • Global Almond Milk Market Scope and Market Estimation
      • Global Almond Milk Market Overall Market Size (US$ Bn), Market CAGR (%), Market forecast (2025 - 2033)
      • Global Almond Milk Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 - 2033
    • Market Segmentation
      • Type of Global Almond Milk Market
      • Packaging of Global Almond Milk Market
      • Distribution Channel of Global Almond Milk Market
      • Region of Global Almond Milk Market
  1. Executive Summary
    • Demand Side Trends
    • Key Market Trends
    • Market Demand (US$ Bn) Analysis 2020 – 2024 and Forecast, 2025 – 2033
    • Demand and Opportunity Assessment
    • Demand Supply Scenario
    • Market Dynamics
      • Drivers
      • Limitations
      • Opportunities
      • Impact Analysis of Drivers and Restraints
    • Key Product/Brand Analysis
    • Emerging Trends for Almond Milk Market
    • Porter’s Five Forces Analysis
    • PEST Analysis
    • Key Regulation
  2. Global Almond Milk Market Estimates & Historical Trend Analysis (2020 - 2024)
  3. Global Almond Milk Market Estimates & Forecast Trend Analysis, by Type
    • Global Almond Milk Market Revenue (US$ Bn) Estimates and Forecasts, by Type, 2020 - 2033
      • Sweetened
      • Unsweetened
      • Flavored
      • Organic
  1. Global Almond Milk Market Estimates & Forecast Trend Analysis, by Packaging
    • Global Almond Milk Market Revenue (US$ Bn) Estimates and Forecasts, by Packaging, 2020 - 2033
      • Cartons
      • Bottles
      • Cans
      • Others
  1. Global Almond Milk Market Estimates & Forecast Trend Analysis, by Distribution Channel
    • Global Almond Milk Market Revenue (US$ Bn) Estimates and Forecasts, by Distribution Channel, 2020 - 2033
      • Supermarkets & Hypermarkets
      • Convenience Stores
      • Online Retail
      • Specialty Stores
      • Others
  1. Global Almond Milk Market Estimates & Forecast Trend Analysis, by region
    • Global Almond Milk Market Revenue (US$ Bn) Estimates and Forecasts, by region, 2020 - 2033
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • Latin America
  1. North America Almond Milk Market: Estimates & Forecast Trend Analysis
    • North America Almond Milk Market Assessments & Key Findings
      • North America Almond Milk Market Introduction
      • North America Almond Milk Market Size Estimates and Forecast (US$ Billion) (2020 - 2033)
        • By Type
        • By Packaging
        • By Distribution Channel
        • By Country
          • The U.S.
          • Canada
  1. Europe Almond Milk Market: Estimates & Forecast Trend Analysis
    • Europe Almond Milk Market Assessments & Key Findings
      • Europe Almond Milk Market Introduction
      • Europe Almond Milk Market Size Estimates and Forecast (US$ Billion) (2020 - 2033)
        • By Type
        • By Packaging
        • By Distribution Channel
        • By Country
          • Germany
          • Italy
          • K.
          • France
          • Spain
          • Netherland
          • Rest of Europe
  1. Asia Pacific Almond Milk Market: Estimates & Forecast Trend Analysis
    • Asia Pacific Market Assessments & Key Findings
      • Asia Pacific Almond Milk Market Introduction
      • Asia Pacific Almond Milk Market Size Estimates and Forecast (US$ Billion) (2020 - 2033)
        • By Type
        • By Packaging
        • By Distribution Channel
        • By Country
          • China
          • Japan
          • India
          • Australia
          • South Korea
          • Rest of Asia Pacific
  1. Middle East & Africa Almond Milk Market: Estimates & Forecast Trend Analysis
    • Middle East & Africa Market Assessments & Key Findings
      • Middle East & Africa Almond Milk Market Introduction
      • Middle East & Africa Almond Milk Market Size Estimates and Forecast (US$ Billion) (2020 - 2033)
        • By Type
        • By Packaging
        • By Distribution Channel
        • By Country
          • UAE
          • Saudi Arabia
          • South Africa
          • Rest of MEA
  1. Latin America Almond Milk Market: Estimates & Forecast Trend Analysis
    • Latin America Market Assessments & Key Findings
      • Latin America Almond Milk Market Introduction
      • Latin America Almond Milk Market Size Estimates and Forecast (US$ Billion) (2020 - 2033)
        • By Type
        • By Packaging
        • By Distribution Channel
        • By Country
          • Brazil
          • Mexico
          • Argentina
          • Rest of LATAM
  1. Country Wise Market: Introduction
  2. Competition Landscape
    • Global Almond Milk Market Type Mapping
    • Global Almond Milk Market Concentration Analysis, by Leading Players / Innovators / Emerging Players / New Entrants
    • Global Almond Milk Market Tier Structure Analysis
    • Global Almond Milk Market Concentration & Company Market Shares (%) Analysis, 2024
  3. Company Profiles
    • Blue Diamond Growers
      • Company Overview & Key Stats
      • Financial Performance & KPIs
      • Type Portfolio
      • SWOT Analysis
      • Business Strategy & Recent Developments

    * Similar details would be provided for all the players mentioned below 

  • Danone S.A. (Silk)
  • Califia Farms
  • Alpro (Owned by Danone)
  • Earth’s Own Food Company
  • Hain Celestial Group
  • Hiland Dairy
  • Malk Organics
  • Elmhurst 1925
  • Ripple Foods (plant-based portfolio)
  • Sanitarium Health Food Company
  • SunOpta Inc.
  • Provamel
  • Archer Daniels Midland (ADM) Company
  • Oatly Group AB
  • Other Prominent Players
  1. Research Methodology
    • External Transportations / Databases
    • Internal Proprietary Database
    • Primary Research
    • Secondary Research
    • Assumptions
    • Limitations
    • Report FAQs
  2. Research Findings & Conclusion

Our Research Methodology

"Insight without rigor is just noise."

We follow a comprehensive, multi-phase research framework designed to deliver accurate, strategic, and decision-ready intelligence. Our process integrates primary and secondary research , both quantitative and qualitative , along with dual modeling techniques ( top-down and bottom-up) and a final layer of validation through our proprietary in-house repository.

PRIMARY RESEARCH

Primary research captures real-time, firsthand insights from the market to understand behaviors, motivations, and emerging trends.

1. Quantitative Primary Research

Objective: Generate statistically significant data directly from market participants.

Approaches:
  • Structured surveys with customers, distributors, and field agents
  • Mobile-based data collection for point-of-sale audits and usage behavior
  • Phone-based interviews (CATI) for market sizing and product feedback
  • Online polling around industry events and digital campaigns
Insights generated:
  • Purchase frequency by customer type
  • Channel performance across geographies
  • Feature demand by application or demographic

2. Qualitative Primary Research

Objective: Explore decision-making drivers, pain points, and market readiness.

Approaches:
  • In-depth interviews (IDIs) with executives, product managers, and key decision-makers
  • Focus groups among end users and early adopters
  • Site visits and observational research for consumer products
  • Informal field-level discussions for regional and cultural nuances

SECONDARY RESEARCH

This phase helps establish a macro-to-micro understanding of market trends, size, regulation, and competitive dynamics, sourced from credible and public domain information.

1. Quantitative Secondary Research

Objective: Model market value and segment-level forecasts based on published data.

Sources include:
  • Financial reports and investor summaries
  • Government trade data, customs records, and regulatory statistics
  • Industry association publications and economic databases
  • Channel performance and pricing data from marketplace listings
Key outputs:
  • Revenue splits, pricing trends, and CAGR estimates
  • Supply-side capacity and volume tracking
  • Investment analysis and funding benchmarks

2. Qualitative Secondary Research

Objective: Capture strategic direction, innovation signals, and behavioral trends.

Sources include:
  • Company announcements, roadmaps, and product pipelines
  • Publicly available whitepapers, conference abstracts, and academic research
  • Regulatory body publications and policy briefs
  • Social and media sentiment scanning for early-stage shifts
Insights extracted:
  • Strategic shifts in market positioning
  • Unmet needs and white spaces
  • Regulatory triggers and compliance impact
Market Research Process

DUAL MODELING: TOP-DOWN + BOTTOM-UP

To ensure robust market estimation, we apply two complementary sizing approaches:

Top-Down Modeling:
  • Start with broader industry value (e.g., global or regional TAM)
  • Apply filters by segment, geography, end-user, or use case
  • Adjust with primary insights and validation benchmarks
  • Ideal for investor-grade market scans and opportunity mapping
Bottom-Up Modeling
  • Aggregate from the ground up using sales volumes, pricing, and unit economics
  • Use internal modeling templates aligned with stakeholder data
  • Incorporate distributor-level or region-specific inputs
  • Most accurate for emerging segments and granular sub-markets

DATA VALIDATION: IN-HOUSE REPOSITORY

We close the loop with proprietary data intelligence built from ongoing projects, industry monitoring, and historical benchmarking. This repository includes:

  • Multi-sector market and pricing models
  • Key trendlines from past interviews and forecasts
  • Benchmarked adoption rates, churn patterns, and ROI indicators
  • Industry-specific deviation flags and cross-check logic
Benefits:
  • Catches inconsistencies early
  • Aligns projections across studies
  • Enables consistent, high-trust deliverables