Global Cashew Milk Market is Thriving with Rising Latest Trends by 2027 | Top Players- THE WHITEWAVE FOODS COMPANY, Blue Diamond Growers, Forager Project, Alpro

Global Cashew Milk Market analysis report delivers key data about the product portfolios, product values, company profiles, shares, contact data for the company. Furthermore, the report also illustrates major prime vendors, associated with their valuable share, value, capacity, company profiles and essential shares engaged by each company. The overall Global Cashew Milk Market report is classified by the primitive players, application, types and geographical areas. In the Global Cashew Milk Market report, an in-depth overview of the industry is coupled with all applications, development technology and definition.

Global cashew milk market is expected to rise with an estimated value of USD 243.51 million by 2026, registering a healthy CAGR in the forecast period of 2019-2026.  This report contains the data of base year 2018 and historic year 2017. This rise in market value can be attributed to the growing awareness regarding the benefits of cholesterol free cashew milk & lactose free non-dairy milks. Few of the major competitors currently working in the global cashew milk market are THE WHITEWAVE FOODS COMPANY, Blue Diamond Growers, Forager Project, Alpro, nutty life, LLC., Califia Farms, PACIFIC FOODS OF OREGON, LLC., Elmhurst Milked Direct LLC, Earth's Own Food Company, RITA Food & Drink Co.,Ltd., Goodmylk, among others.

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Competitive Analysis:

Global cashew milk market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cashew milk market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Global Cashew Milk Market By Product Type (Plane Cashew Milk, Flavored Cashew Milk), Packaging (Cartons, Pouches, Jars, Bottles, Cans and Others), Distribution Channel (Store Based, Non-store Based), Category (Conventional, Organic), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) - Industry Trends and Forecast to 2026

Market Definition: Global Cashew Milk Market

Cashew milk is non-dairy milk which is derived from the blended cashew with milk. It contains vitamins, iron, manganese, zinc and among others which are good for the health. It is a lactose free alternative of milk. It has low calorie content compared with cow milk or any plant based soya milk. It reduced the risk of heart diseases which is the application benefit of the cashew milk.

Market Drivers:

Growing demand for flavoured cashew milk will enhance the growth of the market.
They have the ability to enhance the functioning of digestive system which is another factor accelerating the market growth
Rising inclination towards non-dairy milk to reduce the lactose intolerance also increases the market growth
 Increasing demand for plant based milk acts as a market driver

Market Restraints:

Availability of substitutes in the market is expected to restrain the market growth
High cost of cashew nuts is another factor that will hamper the growth

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Segmentation: Global Cashew Milk Market

By Product Type

Plane Cashew Milk
Flavoured Cashew Milk

By Packaging

Cartons
Pouches
Jars
Bottles
Cans
Others

By Distribution Channel

Stored Based
Convenient Stores
Hypermarkets/Supermarket
E-Commerce
Non-Store Based

By Category

Conventional
Organic

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Key Developments in the Market:

In September 2019, Z Natural Foods, LLC, announced the launch of their cashew milk powder rich in magnesium and copper. It comprised of 2 ingredients cashews and inulin that help to powder not to form clumps. Unlike other they do not use unhealthy oil, sugar and preservatives. The two main ingredients comprised of cashews and inulin, Inulin helps the powder from forming clumps. It is a healthy and natural, ideal for smoothies, cereal among others. It provides omega 3, calcium and omega 6 fatty acid and many vitamins
In September 2017, PACIFIC FOODS OF OREGON, LLC., announced the launch of their cashew-based milk line. The non-dairy milk is available in 4 different flavours such as original, original sweetened, vanilla, and vanilla sweetened. They provide great taste, nourished product with ethical ingredient.

Key Insights in the report:

Competitive analysis of key competitors involved in the market
Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
Market drivers and restraints analysis along with the analysis of the market structure

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