Reports
Reports
Sale
The global walnut milk market size is estimated to expand at a CAGR of 8.10% in the forecast period of 2024-2032. The major market drivers are growing consumer awareness regarding lactose intolerance and allergies and the rising awareness regarding multiple health benefits provided by walnut milk.
Walnut milk is an alternative to conventional milk sourced from animals which is made by blending soaked walnuts with water. It is rich in protein and calcium, has low calories, and is a perfect option for people who are vegan or lactose intolerant.
Based on flavour, the market is classified into original, chocolate, and vanilla, among others. On the basis of type, the market is bifurcated into sweetened and unsweetened. The walnut milk market segmentation, based on distribution channel, includes supermarkets/hypermarkets, convenience stores, speciality stores, and online, among others. The major regional markets of walnut milk are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the walnut milk market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Supermarkets/hypermarkets occupies a significant portion of the global walnut milk market share owing to their growing presence globally. Supermarkets are usually located in an accessible location, which makes it convenient for customers to buy food products. Furthermore, diverse flavours and variants of food and beverages, including walnut milk, are available at supermarkets and hypermarkets. Additionally, the mainstreaming of plant-based products drives sales of walnut milk from such channels.
As per the regional walnut milk market analysis, North America accounts for a substantial share of the global market due to the growing number of health-conscious consumers in the region. Furthermore, the rise in vegan culture and the shift towards plant-based diets also positively impact the walnut milk demand. Additionally, the adoption of new technology in the food sector and growing attempts by key players to develop new flavours of walnut milk are likely to fuel the market in the coming years.
Elmhurst Milked Direct LLC, established in 1925 and based in New York, the United States, is a plant-based food and beverage manufacturer. Some of its popular products include almond milk, cashew milk, oat milk, and hazelnut milk, among others.
Borges International Group, S.L. is a family-owned food company of Mediterranean origin. The company, headquartered in Catalonia, Spain, provides milk alternatives, vegetable drinks, sauce, and pasta, among others.
Inner Mongolia Yili Industrial Group (Yili), incorporated in 1993 with its headquarters in Inner Mongolia, China, is a dairy company. The company provides plant-based milk, milk powder, yoghurt, and ice cream, among others.
Other walnut milk market players include Hebei Yangyuan Zhihui Beverage Co., Ltd., Mariani Nut Company, Simple Foods Co., Ltd. (137 Degrees), TH Food Chain Joint Stock Company, Rita Food And Drink Co., Ltd., and Vinamilk, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Flavour |
|
Breakup by Type |
|
Breakup by Distribution Channel |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Walnut Milk Market Analysis
8.1 Key Industry Highlights
8.2 Global Walnut Milk Historical Market (2018-2023)
8.3 Global Walnut Milk Market Forecast (2024-2032)
8.4 Global Walnut Milk Market by Flavour
8.4.1 Original
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Chocolate
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Vanilla
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Walnut Milk Market by Type
8.5.1 Sweetened
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Unsweetened
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Walnut Milk Market by Distribution Channel
8.6.1 Supermarkets/Hypermarkets
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Convenience Stores
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Speciality Stores
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Online
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Walnut Milk Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Walnut Milk Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Walnut Milk Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Walnut Milk Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Walnut Milk Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Walnut Milk Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Elmhurst Milked Direct LLC
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Borges International Group, S.L.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Inner Mongolia Yili Industrial Group (Yili)
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Hebei Yangyuan Zhihui Beverage Co., Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Mariani Nut Company
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Simple Foods Co., Ltd. (137 Degrees)
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 TH Food Chain Joint Stock Company
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Rita Food And Drink Co., Ltd.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Vinamilk
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Walnut Milk Market: Key Industry Highlights, 2018 and 2032
2. Global Walnut Milk Historical Market: Breakup by Flavour (USD Million), 2018-2023
3. Global Walnut Milk Market Forecast: Breakup by Flavour (USD Million), 2024-2032
4. Global Walnut Milk Historical Market: Breakup by Distribution Channel Channel (USD Million), 2018-2023
5. Global Walnut Milk Market Forecast: Breakup by Distribution Channel Channel (USD Million), 2024-2032
6. Global Walnut Milk Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Walnut Milk Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Walnut Milk Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Walnut Milk Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Walnut Milk Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Walnut Milk Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Walnut Milk Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Walnut Milk Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Walnut Milk Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Walnut Milk Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Walnut Milk Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Walnut Milk Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Walnut Milk Market Structure
The market is projected to grow at a CAGR of 8.10% between 2024 and 2032.
The major market drivers are growing awareness regarding lactose intolerance among consumers and multiple health benefits offered by walnut milk.
The key trends of the market include growing demand for plant-based milk, the rising popularity of organic walnut milk, and the introduction of new flavours by market players.
The major regions in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The various flavours of walnut milk are original, chocolate, and vanilla, among others.
Sweetened and unsweetened are the different types of walnut milk.
Various distribution channels are supermarkets/hypermarkets, convenience stores, speciality stores, and online, among others.
The key players in the market are Elmhurst Milked Direct LLC, Borges International Group, S.L., Inner Mongolia Yili Industrial Group (Yili), Hebei Yangyuan Zhihui Beverage Co., Ltd., Mariani Nut Company, Simple Foods Co., Ltd. (137 Degrees), TH Food Chain Joint Stock Company, Rita Food And Drink Co., Ltd., and Vinamilk, among others.
Mini Report
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.