Almond Drinks Market

Almond Drinks Market – Global Industry Insights,
Trends, Outlook and Opportunity Analysis 2018-2026
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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Consumption of almond drinks offers excellent benefits in weight management,
maintaining bone health, muscle strength and smooth digestion. Almond milk
contains 50 percent of the recommended daily amount of vitamin E, which contains
antioxidant properties essential to skin's health, such as protecting it against sun
damage. Almond drink is low in carbohydrate so that it don’t significantly increase
blood sugar level consecutively reducing risk of diabetes. Thiamin is a water soluble
vitamin B present in almond plays critical role in energy metabolism and therefore in
growth, development and function of cells.
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.
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. Such
activities by leading players are projected to have positive impact on growth of
almond drinks market in Europe.
Key players in Global Almond Drinks Market:
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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Almond Drinks Market, report categorizes global market by Product Type, by Flavor , by Distribution Channel. Report includes, Global Industry Insights, Trends, Outlook and Opportunity Analysis 2018-2025