Research Expert: Sarah Overall
  • Published: Aug 2024
  • Pages: 150
  • SKU: IRTNTR73647

  • Walnut Milk Market 2024-2028: Size and Availability of substitutes; growth driven by the Distribution Channel, Some of key Companies Positioned Strategically

    The walnut milk market size by Distribution Channel (Offline and Online) and Geography (North America, Europe, APAC, South America, and Middle East and Africa), is forecast to increase by USD 1151.1 million. The market is expected to grow at a CAGR of   14.76% between 2024 and 2028.

    • In the current market landscape, numerous competitors offer a variety of substitutes for walnut milk, including functional beverages, dairy products, and alternative plant-based options such as almond and soy milk. The increasing consumer preference for functional beverages, driven by their nutritional benefits like protein, calcium, vitamin D, vitamin A, vitamin B12, potassium, phosphorus, riboflavin, and niacin, poses a significant challenge to the expansion of the global walnut milk market. These functional beverages cater to the growing consumer awareness regarding health and wellness, potentially diverting demand from walnut milk.
    • The Walnut Milk Market represents a significant business opportunity for manufacturers and distributors. With increasing consumer preference for plant-based alternatives to dairy products, the demand for walnut milk has surged. This trend is expected to continue, driven by health-conscious consumers seeking nutrient-rich, dairy-free beverages. Market growth is further fueled by innovative product development, strategic partnerships, and expanding distribution channels. Companies that effectively capitalize on these trends and deliver high-quality, sustainable walnut milk offerings will thrive in this dynamic market.

    Access the full report to know who are the other key countries segment-wise forecast and historic data

     

    Some of the Key Companies:

    • Borges International Group SLU
    • California Walnuts
    • Elmhurst Milked Direct LLC
    • Hebei Chengde Lolo Co. Ltd.
    • Hebei Yangyuan ZhiHui Beverage Co. Ltd.
    • Inner Mongolia Yili Industrial Group Co. Ltd.
    • Mariani Nut Co.
    • RITA Food and Drink Co. Ltd.
    • Simple Foods Co. Ltd.
    • TH Food Chain Joint Stock Co.

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    Technavio Research
    Jesse Maida
    Media & Marketing Executive
    US: +1 844 364 1100
    UK: +44 203 893 3200
    Email: media@technavio.com
    Website: www.technavio.com/

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