Almond Drinks Market Growth by Top Key Players Fuerst Day Lawson, Pressery Inc., The Luz Almo company Pvt Ltd, Alpro, Provamel, MALK Organics, Dream, Nutriops S,L, Natura Foods, Rude Health, Blue Diamond Growers are among others.

Almond drinks, also called almond milk, is prepared from crushed almond nuts and water and has a pleasant flavor and creamy texture similar to regular milk. Almond contains proteins, vitamins and fibers and acts as a rich source of energy. ‘Free from dairy and gluten’, is the most highlighting property of almond drink, which make it popular among Lactose intolerant and gluten sensitive consumers. Almond milk is preferred in food industry to manufacture cheese, deserts, snacks and beverages like cold pressed milks and others.

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Key factors like increasing preference of almond drink as a milk alternative, better taste than milk, easy to prepare, high nutritional value, and increasing demand for on-the-go liquid products are estimated to have positive impact on growth of almond drink market across the globe during forecast period. However, factors such as high prices of almonds, availability of other plant based dairy alternatives such as soy and pea based drinks are retraining growth of the market.

Global Almond Drinks Market Taxonomy:

Global almond drinks market is segmented on the basis of product type, flavor and distribution channel as:

By product type,

Unsweetened
Sweetened
By flavor,

Chocolate
Vanilla
Others

Unsweetened segment dominated global almond drinks market in 2016. Rising prevalence of diabetes, high blood pressure and other cardiovascular diseases are boosting demand for unsweetened drinks. According to the World Health Organization in 2016, about 10% of Chinese adults live with diabetes, and nearly half of all adults are pre-diabetic, a condition in which blood glucose levels are higher than normal.

Chocolate flavor segment contributed major market share global almond drinks market in 2016. Owing to increasing demand for chocolate flavored almond drinks as a substitute to dairy chocolate milk, the segment is projected to lead the market throughout the forecast period.

Global Almond Drinks Market outlook:

North America accounted for highest market share in the market in 2016. The growth of almond drinks market in North America is mainly attributed to increasing demand for dairy free drinks from lactose intolerant people. According to U.S. Department of Health and Human Service, in North America over 40 million American adults were lactose intolerant in 2017.

Europe is projected to indicate significant growth in the market throughout the forecast period. Leading market players are strategically investing into Europe to tap potential market of plant based drinks. In April 2017, Alpro and Danone entered into collaboration to expand plant based food and drinks business. Under this collaboration, Alpro will be able to expand its distribution & geographical foot prints of plant based drinks including almond drinks across Europe and the world.

Some of the key players across the global almond drink market are Fuerst Day Lawson, Pressery Inc., The Luz Almo company Pvt Ltd, Alpro, Provamel, MALK Organics, Dream, Nutriops S,L, Natura Foods, Rude Health, Blue Diamond Growers are among others.

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