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Almond Drinks market To Expand At A Cagr Of 8.1% Through 2026 | Fuerst Day Lawson, Pressery Inc., The Luz Almo company Pvt Ltd,

10-23-2021 08:38 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Almond Drinks  market

Almond Drinks market

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. Most of the dairy products contains high calories and lactose in it whereas almond drink contains no cholesterol or saturated fat, low sodium and high healthy fats (such as omega fatty acids), which helps in reducing the risk of high blood pressure and heart diseases.

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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

By distribution channel,
Hypermarket
Supermarket
Online Stores
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. In addition, according to China International Diabetes federation, in 2017, there were over 114 million cases of diabetes in China. Such factors represents potential opportunity for growth of unsweetened almond drinks segment over the forecast period.

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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.

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