Overview
Global Nut-Based Milk Market reached US$ 7.7 billion in 2022 and is expected to reach US$ 15 billion by 2030, growing with a CAGR of 8.7% during the forecast period 2023-2030.
The market is heavily influenced by the growing consciousness about dairy food allergies and the pursuit of enhanced well-being. Sustainability and growing environmental awareness are also instrumental in shaping the nut-based milk market. Consumers are progressively scrutinizing the ecological impact of their food choices, focusing on factors such as water usage and greenhouse gas emissions linked to conventional dairy production.
Additionally, the market has witnessed significant strides in product innovation and diversification, presenting a plethora of nut-based milk varieties with diverse flavors and nutritional compositions. The introduction of flavored and fortified nut-based milk products has also garnered popularity, catering to varied taste preferences and dietary needs. This innovation has invigorated the market, generating heightened consumer interest.
Similarly, North America dominates the nut-based milk market, capturing the largest market share of over 1/3rd. The demand for nut-based milk in North America has seen a significant uptick, primarily driven by several pivotal factors. The health-conscious consumers are opting for dairy alternatives, driven by concerns related to dairy allergies and lactose intolerance.
Dynamics
Increased Incidence of Dairy Food Allergies and Intolerances
The escalating prevalence of food allergies and intolerances serves as a compelling driver of the nut-based milk market. Many individuals contend with lactose intolerance or dairy allergies, rendering traditional dairy milk unsuitable for consumption. Nut-based milk products, inherently devoid of dairy and lactose, emerge as a vital solution for this demographic.
Food hypersensitivity, which concerns more than 10% of the adult population worldwide, is a growing health threat, in accordance with statistics from the National Library of Science for 2022. One out of every ten adults while one in twelve children is considered to be susceptible to a food allergy. Such kind of dairy-intolerances consumers are opting for nut-based milk products, which is driving the demand.
Furthermore, as greater numbers of people become attuned to their dairy food sensitivities and allergies, they turn to nut-based milk as a safe and nutritious alternative. This trend not only heightens the demand for nut-based milk but also spurs manufacturers to craft allergen-friendly options, further contributing to market expansion.
Product Innovation and Diverse Offerings
Innovation and diversification within the nut-based milk market have significantly elevated consumer interest and spurred market growth. A rich array of nut-based milk varieties, including almond, soy, oat, cashew, and coconut milk, offers a wide spectrum of flavors and nutritional compositions. This diversity caters to diverse taste preferences and dietary needs, affording consumers an extensive selection.
In October 2022, Almond milk was included in the array of vegan beverages offered by Only Earth, a brand of sustainable plant-based/vegan milk. Almond milk is now available to consumers to add to any hot or cold beverage or use as a meal element. Almond milk will be offered on all online and offline platforms, including Amazon, Urban Platter, Vegan Dukan or Big Basket, Nature’s Basket, and others.
Furthermore, the introduction of flavored and fortified nut-based milk products has gained immense popularity. Flavored options, like vanilla and chocolate-infused nut-based milk, appeal to those seeking unique taste experiences, while fortified selections offer additional vitamins, minerals, and nutrients. These innovations contribute to the market’s dynamism and resonate with consumers who value a multitude of choices, further intensifying the demand for nut-based milk.
Allergen Concerns and Labeling Regulations
The nut-based milk market faces challenges related to allergen concerns and associated labeling regulations. While these products cater to individuals with lactose intolerance or dairy allergies, they can pose risks to those with nut allergies. Cross-contamination during processing may result in inadvertent nut traces in nut-based milk, potentially causing severe allergic reactions in susceptible individuals.
Stringent labeling regulations in many countries mandate accurate allergen information on packaging, necessitating additional testing, quality control measures, and production separation, all of which can raise production expenses. Additionally, apprehensions about allergen-related liabilities have compelled some manufacturers to limit or avoid nut-based milk production.
This constraint restricts market growth and variety by reducing the availability of nut-based milk options. Balancing the needs of individuals with dietary restrictions and allergens while maintaining cost-efficiency and market accessibility poses a complex challenge for nut-based milk producers.
Limited Nut Supply and Crop Vulnerability
The primary challenges for the nut-based milk market are the constrained supply of nuts and the susceptibility of nut crops to various environmental factors. Weather fluctuations, pests, and diseases can all disrupt nut yields, leading to supply chain unpredictability. Climate change exacerbates this issue, introducing irregular weather patterns and increasing risks like droughts and heatwaves, which can adversely affect nut orchards. Such challenges in nut cultivation can disrupt the supply chain for nut-based milk producers, resulting in price spikes.
Furthermore, competition for nut crops from other industries, including confectionery and snacks, intensifies the pressure on nut availability. This competition can drive up nut prices, elevating production costs for nut-based milk producers and, consequently, consumer prices. As the global demand for nut-based milk escalates due to dietary preferences and dairy alternatives, securing a stable and sustainable nut supply remains a pressing issue that requires innovative farming techniques and risk management strategies.

Segment Analysis
The global nut-based milk market is segmented based on type, category, flavor, distribution channel, end-user and region.
Almond Milk Demand Fuel Surge in Nut-based Milk Market
The surge in demand for almond milk has been a pivotal catalyst for the robust expansion of the global nut-based milk market in recent times. This heightened demand can be attributed to several critical factors. To begin with, almond milk has garnered favor among consumers who are actively seeking dairy alternatives due to reasons like lactose intolerance, dairy allergies, or a commitment to plant-based diets for health and ecological considerations.
Its gentle, slightly nutty flavor and creamy texture have established almond milk as an adaptable substitute for traditional cow’s milk in a wide array of culinary applications, including coffee, baking, and smoothie preparation. Moreover, almond milk has gained recognition for its environmentally conscious image, resonating with consumers who prioritize sustainability. Almond trees typically demand less water when compared to certain other nut crops, such as cashews, a feature that has proven enticing to environmentally mindful consumers.
In January 2023, with the introduction of USDA-certified Organic Oatmilk and Almondmilk, Califia Farms, a leading, premium plant-based beverage brand, expands its already award-winning line of dairy-free products. The brand created its most recent offerings with just three basic ingredients?purified water, sea salt, and oats or almonds?and no oils or gums to suit the demands of customers looking for products with fewer ingredients at an affordable price range.
Geographical Penetration
Adoption of Plant-Based Beverages in North America
The North America Nut-based milk market held the largest market share of 38.3% in 2022 in the nut-based milk market analysis. the North American nut-based milk market continues to thrive due to evolving dietary preferences, heightened health consciousness, and the adaptability of nut-based milk products.
North American consumers are increasingly seeking dairy-free options, hence, nut-based milk is well-positioned to maintain its strong demand in the region, providing innovative and flavorful choice for those embracing a healthier lifestyle. Lactose intolerance is an often condition among American adults, according to the National Library of Medicine Survey.
By the age of 20, approximately 30 million American individuals have some degree of lactose intolerance. Lactose intolerance frequently appears in white individuals older than the age of 5. Hence, the prevalence of lactose intolerance condition is pushing the customers towards the nut-based milk options, which in turn, is driving the demand for the market.

Competitive Landscape
The major global players in the market include Goya Foods, Inc., Blue Diamond Almonds, WhiteWave Foods, Califia Farms, So Delicious Dairy Free, MALK Organics, Elmhurst 1925, New Barn Organics, Nature’s Heart and Mooala.

COVID-19 Impact Analysis
The market for nut-based milk confronted an expanding tendency, nonetheless. Consumers are increasingly consuming nut-based milk such as almond, cashew, and hazelnut milk. Consumers’ greater health consciousness and their growing interest in environmental preservation during these dangerous times are the main causes of this rise in non-dairy flavored milk, vegan flavored, and dairy-free flavored beverages demand.
To counter COVID-19, the government, corporate executives, and consumers must collaborate given the notable decreases in several industries. In this case, the COVID-19 pandemic’s effect on the global market. Governments all around the world strictly abide by general public health initiatives, which include promoting awareness of obesity and foods and beverages with enhanced nutritional value.
High immunization awareness among consumers has grown to be a real concern during the pandemic. In terms of food, customers are increasingly choosing healthier options over tastier ones. Due to its advantages, nut-based milk consumption among consumers increased in this situation. The adaptability of the market is another factor contributing to its boom during the epidemic era.
Russia-Ukraine War Impact Analysis
The conflict between Russia and Ukraine has exerted a discernible influence on the nut-based milk market. Notably, both nations play pivotal roles in the agricultural sector, with Ukraine serving as a significant exporter of sunflower seeds, a key ingredient in the production of nut-based milk products.
The conflict has introduced disruptions to these agricultural supply chains, potentially affecting the sourcing of essential components for nut-based milk production. These disruptions have caused price volatility and uncertainties in supply chains, with potential consequences for the availability and pricing of nut-based milk offerings in the global market.
Furthermore, the geopolitical tensions and the imposition of economic sanctions stemming from the war have instigated shifts in trade dynamics, altering international trade patterns and potentially impacting the import and export of nut-based milk products. Industry stakeholders are vigilantly monitoring the situation and adjusting their supply chain strategies to navigate these challenging conditions and maintain stability in the nut-based milk market.
By Type


    • Almond Milk
    • Coconut Milk
    • Cashew Milk
    • Walnut Milk
    • Hazelnut Milk
    • Others


By Category


  • • Organic
    • Conventional


By Flavor


  • • Plain
    • Chocolate
    • Vanilla
    • Strawberry
    • Coffee
    • Others


By Distribution Channel


  • • Supermarkets/Hypermarkets
    • Specialty Stores
    • E-Commerce
    • Others


By End-User


  • • Household
    • HoReCa (Hotels, Restaurants and Cafes)


By Region


  • • North America


o U.S.
o Canada
o Mexico


  • • Europe


o Germany
o UK
o France
o Italy
o Russia
o Rest of Europe


  • • South America


o Brazil
o Argentina
o Rest of South America


  • • Asia-Pacific


o China
o India
o Japan
o Australia
o Rest of Asia-Pacific


  • • Middle East and Africa


Key Developments


  • • In July 2023, Australia’s Own is a well-known brand that is frequently found in the NTUC’s organic zone. Oat Milk and Chocolate Hazelnut Milk are the latest additions to their recently relaunched collection of certified organic plant-based milk products.
    • In February 2023, The first clean-label, all-organic macadamia nut milk, Mac Nut Kiki Milk, has been introduced by cutting-edge nutrition firm PlantBaby. According to the manufacturer, Mac Nut Kiki Milk, which is available in shelf-stable 32 oz. cartons, is prepared exclusively with organic whole foods and superfoods and contains more macadamia nuts per serving than its rivals.
    • In October 2022, almond milk has been launched in the array of vegan beverages offered by Only Earth, a brand of sustainable plant-based/vegan milk. Almond milk is now available to consumers to add to any hot or cold beverage or use as a meal element. Almond milk will be offered on all online and offline platforms, including Amazon, Urban Platter, Vegan Dukan or Big Basket, Nature’s Basket, and others.


Why Purchase the Report?


  • • To visualize the global nut-based milk market segmentation based on type, category, flavor, distribution channel, end-user and region, as well as understand key commercial assets and players.
    • Identify commercial opportunities by analyzing trends and co-development.
    • Excel data sheet with numerous data points of nut-based milk market-level with all segments.
    • The PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
    • Product mapping available as Excel consisting of key products of all the major players.


The global nut-based milk Market Report would provide approximately 69 tables, 73 figures and 212 Pages.
Target Audience 2023


  • • Manufacturers/ Buyers
    • Industry Investors/Investment Bankers
    • Research Professionals
    • Emerging Companies