Almond Milk Market
The market for Almond Milk was estimated at $6.1 billion in 2025; it is anticipated to increase to $11.0 billion by 2030, with projections indicating growth to around $19.9 billion by 2035.
Global Almond Milk Market Outlook
Revenue, 2025
Forecast, 2035
CAGR, 2026 - 2035
The Almond Milk industry revenue is expected to be around $6.1 billion in 2026 and expected to showcase growth with 12.5% CAGR between 2026 and 2035. Building on this momentum, the Almond Milk market has consolidated its position as a high-value segment within the global plant-based milk category, supported by escalating health awareness, rising lactose intolerance diagnoses, and growing adoption of vegan and flexitarian diets. Flavor product types, which delivered $3.8 billion in Almond Milk industry revenue in 2025, illustrate how consumers increasingly seek both taste and functionality in dairy alternative products. With Hypermarkets and Supermarkets and Convenience Stores together accounting for 68.1% of Almond Milk sales, the category benefits from strong shelf visibility, promotional support, and widespread household penetration across key regions. These dynamics, combined with innovation in clean-label formulations and fortified nutrition, continue to reinforce the market's resilience and long-term relevance.
Almond Milk is a versatile non-dairy beverage produced from finely ground almonds and water, typically offering a naturally lactose-free, low-cholesterol profile that appeals to health-conscious and dairy-averse consumers. Key features such as a light, nutty flavor, availability in unsweetened, flavored, and organic almond milk variants, and frequent fortification with calcium, vitamins, and proteins make Almond Milk suitable for direct consumption, breakfast cereals, smoothies, and cooking and baking applications. Recent trends shaping Almond Milk demand include the rapid expansion of barista blend formulations for coffee and foodservice, rising preference for sustainable packaging, and the broader shift toward premium, clean-label plant-based beverages that deliver both convenience and perceived wellness benefits.
Market Key Insights
The Almond Milk market is projected to grow from $6.1 billion in 2025 to $19.9 billion in 2035. This represents a CAGR of 12.5%, reflecting rising demand across Bakery and Confectionery Products, Beverage, and Health and Fitness.
Blue Diamond Growers, Califia Farms, and Danone SA are among the leading players in this market, shaping its competitive landscape.
U.S. and China are the top markets within the Almond Milk market and are expected to observe the growth CAGR of 11.3% to 15.0% between 2025 and 2030.
Emerging markets including Brazil, India and Russia are expected to observe highest growth with CAGR ranging between 8.8% to 13.1%.
Transition like Shift to PlantBased Diets is expected to add $1 billion to the Almond Milk market growth by 2030.
The Almond Milk market is set to add $13.8 billion between 2025 and 2035, with manufacturer targeting key segments projected to gain a larger market share.
With
growing health consciousness, and
Expanding Application Scope, Almond Milk market to expand 225% between 2025 and 2035.
Opportunities in the Almond Milk
Growth Opportunities in North America and Europe
Market Dynamics and Supply Chain
Driver: Growing Consumer Preference for Plant-Based Diets and Lactose-Free Functional Beverages
Restraint: High Production Costs and Water Intensive Cultivation Limit Market Growth
Opportunity: Expanding Almond Milk use in fortified breakfast cereals across North America and Rising demand for Almond Milk in premium flavored café beverages globally
Challenge: Allergen Concerns and Competitive Pressure from Alternative Plant Milks Restrict Adoption
Supply Chain Landscape
Almond Sourcing
Almond Milk Manufacturing
Packaging Distribution
End-User Applications
Almond Sourcing
Almond Milk Manufacturing
Packaging Distribution
End-User Applications
Use Cases of Almond Milk in Bakery & Confectionery Products
Recent Developments
The almond milk market is advancing with increased plant‑based beverage innovation and functional product diversification as key trends. Producers are expanding ready‑to‑drink almond milk variants with added protein, vitamins, and probiotics to meet growing demand in health and wellness segments. Retailers and foodservice channels are also boosting almond milk usage in coffee, smoothies, and dairy‑free desserts. Sustainability considerations and improved processing technologies are further strengthening almond milk’s appeal versus traditional dairy and other non‑dairy alternatives.