Global Almond Drinks
Market Report
2025
The global almond drinks market size is USD 4859.6 million in 2024. Increasing awareness of health and wellness, rising lactose intolerance, and vegan and plant-based diet trends is expected to boost sales to USD 7307.0 million by 2031, with a Compound Annual Growth Rate (CAGR) of 6.00% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Almond drinks market size will be USD 4859.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Almond Drinks Market Sales Revenue | $ 4859.6 Million | 121212 | 121212 | 121212 | 6% |
North America Almond Drinks Market Sales Revenue | $ 1943.84 Million | 121212 | 121212 | 121212 | 4.2% |
United States Almond Drinks Market Sales Revenue | $ 1533.69 Million | 121212 | 121212 | 121212 | 4% |
Mexico Almond Drinks Market Sales Revenue | $ 176.89 Million | 121212 | 121212 | 121212 | 4.7% |
Canada Almond Drinks Market Sales Revenue | $ 233.26 Million | 121212 | 121212 | 121212 | 5% |
Europe Almond Drinks Market Sales Revenue | $ 1457.88 Million | 121212 | 121212 | 121212 | 4.5% |
Italy Almond Drinks Market Sales Revenue | $ 125.38 Million | 121212 | 121212 | 121212 | 3.9% |
Germany Almond Drinks Market Sales Revenue | $ 288.66 Million | 121212 | 121212 | 121212 | 4.7% |
France Almond Drinks Market Sales Revenue | $ 134.12 Million | 121212 | 121212 | 121212 | 3.7% |
Spain Almond Drinks Market Sales Revenue | $ 119.55 Million | 121212 | 121212 | 121212 | 3.6% |
United Kingdom Almond Drinks Market Sales Revenue | $ 244.92 Million | 121212 | 121212 | 121212 | 5.3% |
Russia Almond Drinks Market Sales Revenue | $ 225.97 Million | 121212 | 121212 | 121212 | 3.5% |
Rest of Europe Almond Drinks Market Sales Revenue | $ 225.97 Million | 121212 | 121212 | 121212 | 3.2% |
Asia Pacific Almond Drinks Market Sales Revenue | $ 1117.71 Million | 121212 | 121212 | 121212 | 8% |
Korea Almond Drinks Market Sales Revenue | $ 111.77 Million | 121212 | 121212 | 121212 | 7.1% |
Australia Almond Drinks Market Sales Revenue | $ 58.12 Million | 121212 | 121212 | 121212 | 7.7% |
Japan Almond Drinks Market Sales Revenue | $ 154.24 Million | 121212 | 121212 | 121212 | 6.5% |
China Almond Drinks Market Sales Revenue | $ 502.97 Million | 121212 | 121212 | 121212 | 7.5% |
India Almond Drinks Market Sales Revenue | $ 134.12 Million | 121212 | 121212 | 121212 | 9.8% |
Rest of APAC Almond Drinks Market Sales Revenue | $ 79.36 Million | 121212 | 121212 | 121212 | 7.8% |
South America Almond Drinks Market Sales Revenue | $ 242.98 Million | 121212 | 121212 | 121212 | 5.4% |
Brazil Almond Drinks Market Sales Revenue | $ 104 Million | 121212 | 121212 | 121212 | 6% |
Chile Almond Drinks Market Sales Revenue | $ 17.49 Million | 121212 | 121212 | 121212 | 5.7% |
Peru Almond Drinks Market Sales Revenue | $ 19.92 Million | 121212 | 121212 | 121212 | 5.6% |
Colombia Almond Drinks Market Sales Revenue | $ 21.63 Million | 121212 | 121212 | 121212 | 5.2% |
Argentina Almond Drinks Market Sales Revenue | $ 40.82 Million | 121212 | 121212 | 121212 | 6.3% |
Rest of South America Almond Drinks Market Sales Revenue | $ 39.12 Million | 121212 | 121212 | 121212 | 4.5% |
Middle East Almond Drinks Market Sales Revenue | $ 97.19 Million | 121212 | 121212 | 121212 | 5.7% |
Turkey Almond Drinks Market Sales Revenue | $ 8.36 Million | 121212 | 121212 | 121212 | 5.2% |
Egypt Almond Drinks Market Sales Revenue | $ 10.21 Million | 121212 | 121212 | 121212 | 6% |
Rest of MEA Almond Drinks Market Sales Revenue | $ 11.47 Million | 121212 | 121212 | 121212 | 4.7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Market Trends:
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Report scope is customizable as we have a huge database of Almond Drinks industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Almond Drinks Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Almond drinks are plant-based beverages made from almonds, known for their creamy texture and nutty flavor. These drinks are produced by soaking almonds, blending them with water, and then straining the mixture to remove solid particles. Almond drinks can be consumed as a dairy alternative and are often fortified with vitamins and minerals, such as calcium and vitamin D, to enhance their nutritional profile. They are popular among individuals with lactose intolerance, dairy allergies, or those following a vegan diet. Almond drinks are used in various culinary applications, including smoothies, cereals, and coffee substitutes.
For instance, In August 2023, Hain Celestial Group announced the relocation of its headquarters and a new flexible work model to enhance its global integration. The company will now occupy the 12th floor of the LEED Gold and Energy Star Certified Waterfront Corporate Center at 221 River Street. The office boasts floor-to-ceiling glass windows offering panoramic views of New York City and the Hudson River. (Source: https://ir.hain.com/news-releases/news-release-details/hain-celestial-group-announces-new-global-headquarters-location#:~:text=HOBOKEN%2C%20N.J.%20%2C%20Aug.,as%20a%20globally%20integrated%20enterprise.)
The global rise in vegan and plant-based diet trends significantly boosts the demand for plant-based products like almond drinks. As more consumers embrace veganism for ethical, environmental, and health reasons, the demand for dairy alternatives grows. Plant-based diets are associated with lower risks of chronic diseases and a reduced carbon footprint, driving consumer preference toward sustainable and nutritious options. Almond drinks, as a versatile and nutritious dairy substitute, align well with these trends. The increasing adoption of plant-based diets is fueled by heightened awareness, diverse product offerings, and effective marketing, further propelling the global demand for almond drinks.
Growing health consciousness is a key driver of market growth for almond drinks. As individuals become more aware of the links between diet and health, there is an increasing preference for nutritious, low-calorie, and plant-based alternatives. Almond drinks, often fortified with essential vitamins and minerals, offer a healthier option compared to traditional dairy and sugary beverages. This heightened awareness about the benefits of a balanced diet, coupled with concerns about weight management and chronic disease prevention, propels consumers towards almond drinks. Consequently, the rising demand for health-conscious choices is fueling the expansion of the almond drinks market.
Limited shelf life is a significant factor that can constrain the sales of almond drinks. Unlike dairy milk, which has a longer shelf life due to its pasteurization process, almond drinks typically have a shorter expiration period, even with preservatives. This shorter shelf life poses challenges for inventory management and distribution, particularly in regions with less efficient supply chains. Retailers must balance stock levels to minimize waste, which can lead to higher costs and limited availability on store shelves. As a result, consumers may face reduced access to almond drinks, impacting overall sales and market growth.
The COVID-19 pandemic had a negative impact on the almond drinks market. Disruptions in supply chains led to shortages of raw materials and packaging, affecting production and availability. Lockdowns and social distancing measures resulted in reduced consumer footfall in retail stores, while the closure of food service establishments further decreased sales. Additionally, economic uncertainties led to shifts in consumer spending, with many prioritizing essential goods over premium products like almond drinks. The pandemic's impact on global logistics and consumer behavior hindered market growth, highlighting vulnerabilities and creating challenges for manufacturers and retailers in maintaining supply and meeting demand.
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The competitive landscape of the almond drinks market is characterized by a diverse range of brands vying for market share. Companies compete on factors such as product quality, flavor innovation, pricing, and distribution channels. Key strategies include expanding product lines, enhancing nutritional profiles, and leveraging effective marketing campaigns to capture consumer interest and differentiate from competitors.
Top Companies Market Share in Almond Drinks Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 due to a high consumer awareness of health benefits and a strong preference for plant-based alternatives. The region's well-established retail infrastructure, coupled with rising demand for dairy substitutes among health-conscious and vegan consumers, supports significant market growth. Additionally, robust marketing and promotional activities contribute to North America's leading position.
Asia Pacific stands out as the fastest-growing region in the Almond drinks market driven by increasing urbanization and a growing middle class with higher health awareness. Rising disposable incomes and a shift toward healthier lifestyles are propelling the demand for plant-based beverages. Additionally, expanding distribution networks and innovative product offerings are fueling rapid market growth in this region.
The current report Scope analyzes Almond Drinks Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Almond drinks market size was estimated at USD 4859.6 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 1943.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
According to Cognitive Market Research, the global Almond drinks market size was estimated at USD 4859.6 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 1457.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.
According to Cognitive Market Research, the global Almond drinks market size was estimated at USD 4859.6 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1117.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
According to Cognitive Market Research, the global Almond drinks market size was estimated at USD 4859.6 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 242.98 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
According to Cognitive Market Research, the global Almond drinks market size was estimated at USD 4859.6 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 97.19 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031..
Global Almond Drinks Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Almond Drinks Industry growth. Almond Drinks market has been segmented with the help of its Type, Application Distribution Channel, and others. Almond Drinks market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, sweetened stands out as the dominant category over the projected period due to their appealing taste, which attracts a broad consumer base. Their popularity is bolstered by their versatility in various applications, such as smoothies and cereals. Strong marketing campaigns and product innovations that enhance flavor options further contribute to their dominance and sustained consumer preference.
Unsweetened emerges as the fastest-growing category in the Almond drinks market driven by increasing health awareness and demand for low-sugar products. Consumers seeking to reduce sugar intake while still enjoying a creamy, nutritious beverage are fueling this growth. The rise in health-conscious diets and dietary restrictions further accelerates the demand for unsweetened options.
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According to Cognitive Market Research, the dominant category is household due to their convenience as a daily dairy alternative. Increasing awareness of health benefits, such as lower calories and added nutrients, drives regular consumption. Product accessibility in supermarkets and the growing trend of plant-based diets contribute to its steady dominance in the market.
The fastest-growing category in the Almond drinks market is food service industry as more cafes, restaurants, and hotels integrate almond drinks into their menus. Rising consumer preference for plant-based options and innovative culinary applications, such as in coffee drinks and desserts, fuel this growth. Enhanced product offerings and partnerships with food service providers further accelerate market expansion.
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According to Cognitive Market Research, the dominant category is super market/ hypermarket due to their extensive reach and high foot traffic, providing ample visibility for almond drinks. Their wide product range, competitive pricing, and convenience attract a large number of consumers. Frequent promotions and in-store marketing campaigns also drive higher sales and consumer preference for almond drinks in these retail environments.
The fastest-growing category in the Almond drinks market is e-commerce platform due to the increasing trend of online shopping and home delivery convenience. Consumers are drawn to the ease of purchasing almond drinks from the comfort of their homes, along with the ability to compare prices and access a broader range of products. Enhanced digital marketing and promotions also contribute to this rapid growth.
Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
Nisha Deore is a highly skilled Research Analyst with over three years of experience specializing in food & beverage sectors. Her expertise encompasses secondary research, data mining, competitive analysis, and the development of detailed collateral and PR materials. Known for her meticulous approach, Nisha designs robust research methodologies and delivers actionable insights that support her organization’s commercial and financial objectives.
In her current role, Nisha manages research for food & beverage categories, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With a deep passion for both sectors and a commitment to continuous professional development, Nisha remains an invaluable asset in the dynamic landscape of market research.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Sweetened, Unsweetened |
Application | Food Service Industry, Household, Others |
Distribution Channel | E-Commerce Platform, Retail, Super Market/ Hypermarket, Others |
List of Competitors | Hain Celestial Group, The Luz Almond Company Pty Ltd, Nutriops, Hiland Dairy Foods, Califia Farms, Daiya Foods Inc., Pacific Foods of Oregon LLC, Alpro, Provamel, Malk Organics, Dream, Earth's Own Food Company Inc., Natura Foods, Rude Health, Blue Diamond Growers |
This chapter will help you gain GLOBAL Market Analysis of Almond Drinks. Further deep in this chapter, you will be able to review Global Almond Drinks Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Almond Drinks. Further deep in this chapter, you will be able to review North America Almond Drinks Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Almond Drinks. Further deep in this chapter, you will be able to review Europe Almond Drinks Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Almond Drinks. Further deep in this chapter, you will be able to review Asia Pacific Almond Drinks Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Almond Drinks. Further deep in this chapter, you will be able to review South America Almond Drinks Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Almond Drinks. Further deep in this chapter, you will be able to review Middle East Almond Drinks Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Almond Drinks. Further deep in this chapter, you will be able to review Middle East Almond Drinks Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Almond Drinks. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by Distribution Channel Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Almond Drinks market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Sweetened have a significant impact on Almond Drinks market? |
What are the key factors affecting the Sweetened and Unsweetened of Almond Drinks Market? |
What is the CAGR/Growth Rate of Food Service Industry during the forecast period? |
By type, which segment accounted for largest share of the global Almond Drinks Market? |
Which region is expected to dominate the global Almond Drinks Market within the forecast period? |
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Additional Qualitative Data |
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