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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.

Report ID:DS1901121
Author:Debadatta Patel - Senior Consultant
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Table of Contents

Global Almond Milk Market Outlook

Revenue, 2025

$6.1B

Forecast, 2035

$19.9B

CAGR, 2026 - 2035

12.5%

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.

Almond Milk market outlook with forecast trends, drivers, opportunities, supply chain, and competition 2025-2035
Almond Milk Market Outlook

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.

almond milk market size with pie charts of major and emerging country share, CAGR, trends for 2025 and 2032
Almond Milk - Country Share Analysis

Opportunities in the Almond Milk

In Asia-Pacific, rapidly rising numbers of lactose-intolerant consumers and urban professionals are also shifting from traditional dairy to Regular Almond Milk for everyday drinking and cooking. With global Regular Almond Milk revenue expected to increase from $2.32 billion in 2025 to $4.27 billion by 2030 at 12.98% CAGR, manufacturers can localize unsweetened and lightly sweetened formulations. Regular Almond Milk will see the fastest growth in this region, particularly in retail beverages, home cooking, and foodservice meal preparations.

Growth Opportunities in North America and Europe

North America’s Almond Milk market is propelled by strong consumer shifts toward plant-based milk, clean-label ingredients, and high-protein dairy alternatives, with online stores emerging as the most influential distribution channel due to advanced e-commerce penetration and subscription-based grocery models. Top opportunities lie in premium organic almond milk, barista-style formulations for coffee chains, and personalized flavors positioned for vegan diets and lactose-free beverages, particularly through direct-to-consumer platforms and quick-commerce partnerships. Competition is intensifying as national brands, retailer private labels, and niche functional beverage start-ups leverage data-driven marketing and bundling strategies to capture repeat purchases and boost digital shelf visibility. Key regional drivers include rising intolerance to dairy, focus on weight management and heart health, and convenience-led shopping behavior that favors auto-replenishment, targeted promotions, and cross-selling with other plant-based categories.
Europe’s Almond Milk landscape is shaped by stringent food standards, sustainability expectations, and rapid mainstreaming of non-dairy drinks, with hypermarkets and supermarkets remaining the dominant distribution channel for household penetration and price-sensitive consumers. Top opportunities center on fortified Almond Milk tailored to local nutrition preferences, recyclable or low-impact packaging, and region-specific flavor variants that align with organic almond milk positioning and broader plant-based milk portfolios. Competitive intensity stems from pan-European brands, strong supermarket private labels, and emerging organic specialists that differentiate on provenance, traceability, and environmental impact claims. Core regional drivers include accelerating flexitarian adoption, regulatory support for healthier product reformulation, and retailer-led merchandising that clusters Almond Milk with other better-for-you dairy alternatives to stimulate trial and category trading-up.

Market Dynamics and Supply Chain

01

Driver: Growing Consumer Preference for Plant-Based Diets and Lactose-Free Functional Beverages

The almond milk market continues to expand as plant-based diets gain mainstream traction and lactose-free functional beverages become lifestyle staples. On the plant-based front, increasing consumer awareness of environmental sustainability, animal welfare, and ethical food sourcing pushes shoppers toward non-dairy alternatives. Almond milk appeals to vegans, flexitarians, and environmentally conscious buyers who value its lower carbon footprint compared to traditional dairy. Meanwhile, lactose intolerance affects a significant global population, creating strong demand for lactose-free beverages that deliver familiar taste and mouthfeel without digestive discomfort. Almond milk’s naturally dairy-free nature positions it as a preferred swap for cows’ milk in coffee, tea, and cereals. These trends are also reinforced by clean-label preferences and expanding retail availability, making almond milk ubiquitous from mainstream grocery aisles to specialty health food stores. Foodservice operators similarly adopt almond milk to cater to diverse dietary needs, fueling innovation in ready-to-drink and fortified formats. Together, plant-based diet adoption and lactose-free functional beverage demand are also core forces driving almond milk’s market momentum.
Innovations in processing technologies are also strengthening almond milk’s competitive edge by improving texture, stability, nutrient retention and shelf life. Advanced techniques such as ultra-fine homogenization, cold-press extraction, microfiltration and aseptic packaging enable producers to create smoother, creamier almond milk that more closely mimics dairy characteristics while maintaining nutritional integrity. These enhancements also support fortified formulations with vitamins and minerals that remain stable over longer shelf life, appealing to health-driven consumers. Extended shelf life reduces food waste and expands distribution reach, particularly in hot climates where perishable alternatives struggle. As manufacturers leverage these technological improvements, almond milk becomes more versatile across beverage and food applications, reinforcing adoption among consumers and commercial buyers alike.
02

Restraint: High Production Costs and Water Intensive Cultivation Limit Market Growth

Almond milk production is constrained by high almond prices and the water‑intensive nature of almond cultivation. Almond trees require significantly more water than other crops, making production costlier, especially in drought‑prone regions like California, which supplies most global almonds. These higher input costs translate into elevated almond milk retail prices compared with other plant‑based alternatives such as oat or soy. As a result, price‑sensitive consumers may opt for cheaper dairy alternatives, slowing revenue growth. Additionally, climate‑related stress and water scarcity can disrupt supply, affecting production stability and investor confidence in long‑term expansion.
03

Opportunity: Expanding Almond Milk use in fortified breakfast cereals across North America and Rising demand for Almond Milk in premium flavored café beverages globally

In North America, cereal manufacturers are integrating Almond Milk into fortified breakfast cereals and granolas to capture health-conscious and vegan consumers seeking higher calcium and vitamin D. Strategic collaborations between plant-based milk brands and major packaged food companies will enable co-branded products with tailored viscosity and sweetness. Both flavored and regular Almond Milk will grow, but flavored variants will dominate this application, leveraging their strong global revenue base and versatile taste profiles to expand household penetration and drive repeat purchases.
Global coffee shop chains and foodservice operators increasingly prefer Almond Milk for premium flavored café beverages, driven by the plant-based diet trend and demand for dairy-free, lactose-free options. The flavored Almond Milk segment, already projected to rise from $3.80 billion in 2025 to $6.76 billion by 2030 at 12.2% CAGR, will gain additional momentum through barista-optimized formulations, frothing technologies, and clean-label ingredients. Growth will be strongest in flavored Almond Milk used in lattes, mochas, and ready-to-drink on-the-go beverages.
04

Challenge: Allergen Concerns and Competitive Pressure from Alternative Plant Milks Restrict Adoption

Despite broad popularity, almond milk faces allergen concerns and stiff competition from other plant‑based milks. Tree nut allergies are prevalent, prompting some schools, cafeterias, and foodservice operators to avoid almond milk altogether, reducing institutional demand. Meanwhile, pea, soy, and oat milks tout competitive advantages such as lower water use, higher protein content, or enhanced sustainability credentials. These alternatives increasingly attract health‑conscious and environmentally focused consumers, diverting market share away from almond milk. This competitive pressure influences product positioning and forces brands to differentiate or innovate to maintain relevance, limiting broader category growth.

Supply Chain Landscape

1

Almond Sourcing

Blue Diamond GrowersOlam Food IngredientsHarris Woolf Almonds
2

Almond Milk Manufacturing

Califia Farms LLCDanone SAElmhurst 1925
3

Packaging Distribution

Tetra PakSIG GroupDHL Supply Chain
4

End-User Applications

Bakery and Confectionery ProductsBeverageHealth and Fitness
Almond Milk - Supply Chain

Use Cases of Almond Milk in Bakery & Confectionery Products

Bakery and Confectionery Products : Almond milk, especially unsweetened and plain variants, is widely used in bakery and confectionery applications as a dairy-free alternative that enhances texture and flavor in breads, cakes, cookies, pastries and vegan desserts. Its mild nutty profile and lower calorie content make it attractive for vegan, gluten-free and allergen-friendly product lines, while providing moisture and richness comparable to dairy milk. Artisan and commercial bakeries leverage almond milk to appeal to health-conscious consumers and niche dietary segments, boosting product innovation. Leading ingredient suppliers and food manufacturers incorporate almond milk into plant-based mixes and ready formulations as demand grows for clean-label and sustainable bakery offerings. This trend supports broader use in confectionery and dessert innovations where traditional dairy milks are replaced with almond milk for health-focused and ethical positioning.
Beverage : In the beverage segment, almond milk is a cornerstone ingredient due to its versatility in ready-to-drink products, RTD coffee, RTD smoothies, RTD teas and specialty drinks. Plain almond milk holds a dominant share because of its neutral flavor and compatibility with a wide range of formulations, including dairy-free lattes and fortified health drinks. Beverage brands continuously innovate with flavored and fortified almond milk options to meet diverse consumer tastes and nutritional needs, incorporating vitamin-enriched and low-sugar variants. Plant-based beverage manufacturers and global players expand distribution through retail and food service channels, responding to rising demand from lactose-intolerant and vegan consumers seeking clean-label alternatives. Almond milk’s low calorie and lactose-free profile further reinforce its position as a preferred ingredient in healthy, on-the-go drinks.
Health and Fitness : Almond milk’s nutritional profile, including low calories, healthy fats, vitamin-enrichment and lactose-free formulation, makes it a favored choice in the health and fitness sector. Fitness enthusiasts and diet-conscious consumers rely on almond milk as a base in protein shakes, post-workout smoothies and meal replacements because it supports weight management and heart health while avoiding dairy-related digestive issues. Plant-based drink makers and wellness brands fortify almond milk with calcium, B-vitamins and protein boosters to enhance its appeal as a functional health beverage. Its integration into fitness-oriented formulations highlights almond milk’s role beyond traditional dairy replacement, aligning with broader wellness trends and clean-label demand in nutritional markets.

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.

January 2025 : In a major consolidation within the plant‑based milk sector, SunOpta Inc. acquired the Dream and WestSoy brands from The Hain Celestial Group for USD 33 million in January 2025. This acquisition strengthened SunOpta’s position as a leading shelf‑stable plant‑based milk producer, expanding its almond milk portfolio and production footprint across four aseptic facilities in North America. The integration supports broader distribution and operational optimization in the almond milk category.
April 2024 : Blue Diamond Growers formed a strategic supply and distribution agreement with Kagome Co., Ltd. in April 2024 to produce and market its Almond Breeze almond milk in Japan. This move leverages Kagome’s local production and distribution strengths to tap into Japan’s growing plant‑based beverage demand and expand Almond Breeze’s international reach.

Impact of Industry Transitions on the Almond Milk Market

As a core segment of the Packaged & Processed F&B industry, the Almond Milk market develops in line with broader industry shifts. Over recent years, transitions such as Shift to PlantBased Diets and Dietary Innovation in Food & Beverage Industry have redefined priorities across the Packaged & Processed F&B sector, influencing how the Almond Milk market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.
01

Shift to PlantBased Diets

The accelerating shift to plant-based diets is transforming the Almond Milk market from a niche vegan dairy alternative into a mainstream non-dairy beverage category, with this transition projected to add approximately $1 billion to market growth by 2030. As health-conscious consumers increasingly prioritize lactose-free milk and clean-label, low-calorie options, Almond Milk is gaining share from traditional dairy through its perceived nutritional benefits, versatile applications, and favorable taste profile. This demand surge is compelling established dairy manufacturers and beverage companies to expand portfolios with premium nut-based milk and functional beverages, intensifying competition and innovation across flavors, fortification, and packaging. The result is a structurally expanding Almond Milk ecosystem, firmly embedded within broader dairy-free products and sustainable nutrition trends, and positioned for sustained value creation through 2030.
02

Dietary Innovation in Food & Beverage Industry

The rise of dietary innovation in the food and beverage sector has significantly boosted almond milk adoption, driven by its low-calorie, cholesterol-free, and plant-based profile. Manufacturers are incorporating almond milk into smoothies, dairy-free desserts, baked goods, and fortified beverages, catering to health-conscious and lactose-intolerant consumers. This shift enables product differentiation and the creation of niche offerings such as vegan protein shakes and functional breakfast items. In cafes and restaurants, almond milk is now a staple for plant-based lattes and specialty drinks, enhancing menu diversity. These transitions support cross-industry innovation, as food producers, beverage brands, and bakery operators leverage almond milk to meet clean-label, wellness-oriented consumer demand while expanding their market reach.