Almond Milk Market

By Nature;

Organic and Conventional

By Flavor;

Flavored and Non-Flavored

By Distribution Channel;

Hypermarkets & Supermarkets, Specialty Stores, Online and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn383144414 Published Date: September, 2025 Updated Date: November, 2025

Almond Milk Market Overview

Almond Milk Market (USD Million)

Almond Milk Market was valued at USD 5,742.60 million in the year 2024. The size of this market is expected to increase to USD 13,577.17 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.1%.


Almond Milk Market

*Market size in USD million

CAGR 13.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)13.1 %
Market Size (2024)USD 5,742.60 Million
Market Size (2031)USD 13,577.17 Million
Market ConcentrationLow
Report Pages341
5,742.60
2024
13,577.17
2031

Major Players

  • Danone
  • Califia Farms
  • Blue Diamond Growers
  • Elmhurst Milked Direct LLC
  • Malk Organics
  • Pacific Foods of Oregon, LLC
  • Hain Celestial Group
  • Natura Foods
  • Daiya Foods Inc.
  • SunOpta Inc.
  • Three Trees Organic
  • Rude Health
  • Orgain, Inc.
  • New Barn Organics
  • Hiland Dairy Foods Company

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Almond Milk Market

Fragmented - Highly competitive market without dominant players


The Almond Milk Market is rapidly gaining momentum as consumers increasingly look for plant-based dairy substitutes. With around 35% of buyers opting for non-dairy products, almond milk has become a leading choice in the dairy alternatives segment. Its rising demand reflects a shift toward health-focused consumption.

Nutritional Benefits Driving Adoption
One of the main factors fueling almond milk’s popularity is its nutritious profile. Nearly 42% of wellness-oriented shoppers select almond milk for its rich vitamin E content and antioxidant properties. This makes it a preferred option for those seeking better dietary balance without compromising on taste.

Innovation Expanding Choices
The market has been strengthened by continuous innovation and product diversity. Research shows that approximately 33% of consumers prefer flavored almond milk to traditional variants. These innovative options not only expand consumer reach but also build long-term brand loyalty.

Future Growth Outlook
The Almond Milk Market demonstrates strong growth potential, driven by heightened awareness and wider consumption. Over 50% of dairy-free households now purchase almond milk regularly. This signals steady expansion and highlights the product’s enduring position in the plant-based beverage sector.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Nature
    2. Market Snapshot, By Flavor
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Almond Milk Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health and Wellness Trends
        2. Increasing Lactose Intolerance and Dairy Allergies
        3. Rise in Vegan and Plant-Based Lifestyles
      2. Restraints
        1. High Cost of Almond Milk
        2. Environmental Concerns Over Almond Farming
        3. Challenges in Supply Chain and Almond Sourcing
      3. Opportunities
        1. Product Innovation and Flavors
        2. Expansion into Emerging Markets
        3. Collaborations with Plant-Based Brands and Retailers
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Almond Milk Market, By Nature, 2021 - 2031 (USD Million)
      1. Organic
      2. Conventional
    2. Almond Milk Market, By Flavor, 2021 - 2031 (USD Million)
      1. Flavored
      2. Non-Flavored
    3. Almond Milk Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Hypermarkets & Supermarkets
      2. Specialty Stores
      3. Online
      4. Others
    4. Almond Milk Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Blue Diamond Growers
      2. Califia Farms LLC
      3. Danone SA
      4. Nestlé
      5. SunOpta Inc.
      6. The Hain Celestial Group
      7. Ripple Foods
      8. Malk Organics
      9. Three Trees
      10. Milkadamia
      11. Elmhurst Milked LLC
      12. Pacific Foods of Oregon LLC
      13. Hiland Dairy Foods
      14. Sanitarium
      15. Earth's Own Food Company Inc.
  7. Analyst Views
  8. Future Outlook of the Market