Global Cashew Milk Market Overview:
Plant-based milk products are trending nowadays as people are slowly shifting from animal-based products to plant-based dairy. While the new dietary guideline still included dairy, calcium-fortified dairy alternatives are becoming more popular. Sales of dairy alternatives are rising along with the proliferation of veganism and vegan alternatives. As milk consumption has declined, the availability of plant-based alternatives made from cashews, almonds, coconut, soy, oats, and more is increased too.
Out of these, the demand for nut-based milk, such as cashew and almond-based milk product is higher than others due to their health benefits. Resultantly, the global cashew milk market is growing continually, witnessing increasing demand year by year. Increasing numbers of consumers led by the high cashew milk nutrition content, support the market growth, increasing the sales of the product. Moreover, the increasing prevalence of the lactose-intolerance disorder is pulling more and more consumers towards cashew milk.
Acknowledging the massive growth this market is witnessing currently, Market Research Future (MRFR), asserts that the global cashew milk market would further create a large revenue pocket by the end of 2027. In its recent study report, MRFR also confirms that Cashew Milk Market Share is projected to register a CAGR of 6.56% and reach a value of USD 229.1 million by 2027. Advances in manufacturing & pasteurization techniques and refrigeration, shipping, and commercialization Technologies act as major tailwinds pushing the market growth further.
The cashew milk market has evolved into a mainstream industry globally. Additionally, the changing consumption pattern and growing liking for on-the-go products among increasing numbers of the working population is accelerating the market growth. Moreover, rapid developments in distribution channels, alongside the rising popularity & consumption of cashew milk, are substantiating the market growth.
Also, the growing absorption of cashew milk in the burgeoning food industry, especially in bakery & confectionery and dessert segments, drives the growth of the market excellently. Conversely, factors such as the price volatility and demand-supply gap in cashews present challenges to the growth of the market. Nevertheless, increasing product developments, led by substantial R&D investments, would support the market growth, helping the market to garner massive traction across the globe.
Cashew Milk Market – Segmentations:
The Cashew Milk Market has been segmented into four major dynamics.
By Category: Organic and Conventional.
By Packaging Type: Cartons, Bottles, and others.
By Distribution Channel : Store based and non-store based.
By Regions : Americas, Europe, Asia Pacific, Middle East & Africa, and Rest-of-the-World.
Global Cashew Milk Market - Geographical Analysis:
North America leads the global cashew milk market. The largest market share attributes to the rising consumption of plant-based and non-dairy milk among the population in the region due to the increasing prevalence of the lactose-intolerance disorder. Besides, augmenting demand for cashew milk from the industries such as vegan ice creams and non-dairy desserts fosters the growth of the regional market. The US and Canada markets account for major growth contributors to the cashew market in North America due to the presence of huge lactose intolerant populaces and increased demand for organic cashew milk among the consumers.
Europe stands second in the global Cashew Milk Market Trends due to the growing demand for non-dairy milk in the preparation of bakery & confectionery products. Additionally, new product developments and augmenting demand & consumption of on-the-go beverages in the region is expected to foster the growth of the cashew milk market in Europe. Germany, France, Italy, and the UK are key markets witnessing rising import & export of cashew milk. The European cashew milk market size is about to increase in the years to come.
The Asia Pacific cashew milk market demonstrates promising developments heading with the rising demand in emerging economies such as India and China. Factors driving the regional market growth include the awareness towards benefits that cashew milk offers and rise in the numbers of health-conscious populaces. Moreover, the growing consumption of plant-based milk products for health benefits fosters the growth of the regional market. Besides, changing consumer preference & lifestyle alongside, the increasing uptake of vegan & healthy diet drives the APAC cashew milk market.
Cashew Milk Market - Competitive Landscape:
Highly competitive, the cashew milk market appears to be well-established with the presence of several noteworthy players churning the competition in this market. To gain a larger competitive share, market players adopt strategies such as mergers & acquisitions, expansion, collaboration, and product/ extraction technology launch. Cashew milk producers continue expanding its product portfolio, enhancing sustainable sourcing & production, increasing brand awareness & widening distribution. As the plant-based industry continues to gain traction, players strive to gain more market share in this trendy segment.
Key Players:
Players active in the cashew milk market are Hain Celestial Group (US), Forager Project (US), Danone SA (France), Rude Health (UK), Pacific Foods (US), Califia Farms (US), Plenish Cleanse Ltd. (UK), Earth’s Own Food Company Inc. (Canada), RITA Food & Drink Co., Ltd. (Vietnam), and Elmhurst Milked Direct LLC (US), among others.
Industry/Innovation/Related News:
October 18, 2019 ---- Danone Manifesto Ventures (the US), the investment arm of the French food giant - Danone, announced the acquisition of a minority stake in a leading organic plant-based foods and beverage provider Forager Project LLC (the US). Forager Project comes with strong potential in the fast-growing plant-based space. The deal aligns with Danone Manifesto Ventures’ strategy to venture into the plant-based sector to drive a larger market share.
October 08, 2019 ---- Forager Project LLC (the US), a leading provider of organic plant-based food products launched its newest organic product, a dairy-free active cultured sour cream alternative, made from organic cashews & coconut milk. The company produces nut milk, yogurts, shakes, kefirs, and vegetable-based chips, in collaboration with small farming cooperatives yielding the highest quality of cashews available. Sour Cream was a natural next addition to Forager Project’s product line-up; the company is already in the process of building its organic, plant-based creamery. Further, the company is looking forward to offering its dairy-free sour cream alternative and would continue to provide consumers with plant-based food options.
Related Report:
Sugar-free Chocolate Market Research Report: Information By Main Ingredients (Cocoa Beans, Sugar Substitute, Cocoa Butter, Fat & Oil, Cocoa Liquor and Others), By Category (100% Sugar Free and No Added Sugar), By Type (Dark, Milk and White), By Distribution Channel (Store-Based And Non-Store-Based) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032
Weinmarktforschungsbericht nach Typ (Rotwein, Weißwein, Roséwein, Sekt und andere), Verpackungsart (Flaschen und Dosen), Vertriebskanal (Gastronomie und Einzelhandel (Supermärkte und Verbrauchermärkte, Fachgeschäfte und andere) und Region (Nordamerika, Europa, Asien-Pazifik und Rest der World) - Prognose bis 2027
カテゴリ別（100％無糖、無糖）、主要成分（カカオ豆、砂糖代替品、ココアバター、油脂、ココアリカーなど）、タイプ（ダーク、ミルク、ホワイト）、流通チャネル（非店舗ベース、店舗ベース）および地域別無糖チョコレート市場情報-2027年までの予測
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact Us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Email: [email protected]
The Global Cashew Milk Market is projected to reach USD 229.1 million by 2027.
The market is fueled by the rising trend of consuming dairy based cereal alternatives, and growing practices of vegan diet, concerns about antibody residues, or growth hormones in animal milk.
Cashew Milk are often highly preferred by the patients who suffer from radioiodine cancer, eczema, eyesight problem, weaker bone density, hypercholesterolemia, and allergic to dairy based products.
More than 16% European consumers try avoiding dairy products for these aids and cholesterol issues.The competitive landscape and company profiles offered in the report examine the key players in the Cashew Milk market.
The company profiles include data of established players and new entrants and are examined by using analytical tools like SWOT Analysis.Get sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/3413Key Players:Key participants include Whitewave Foods, Blue Diamond Growers, Daiya Foods Inc., Tofutti Brands Inc., SunOpta Inc., Fine Japan Co. Ltd., Hain Celestial Group, Galaxy Nutritional Foods, Inc., Nature's Choice B.V., and Vitasoy Australia Products Pty.
Ltd., among others.Further key findings from the report suggest:The overall nutritional supplement sales for children are expected to rise during the forecast period.
The latest trending report Global Cashew Milk Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Cashew Milk market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 4.1% in the forecast period of 2020 to 2025 and will expected to reach USD 40 million by 2025, from USD 34 million in 2019.The Cashew Milk market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/47781-cashew-milk-industry-analysis-reportThe major players covered in Cashew Milk are:Russell Stover Candies(US)Nutpods(US)Milkadamia(US)So Delicious Dairy Free(US)Godiva(US)Britannia Industries Ltd.(India)Silk(US)Hain Celestial Group(US)By Type, Cashew Milk market has been segmented intoMilk Chocolate CashewCashew Coffee Nut MilkDairy Free Cashew MilkCashews Chocolate MilkBy Application, Cashew Milk has been segmented into:Drink To GoTakeawayRestaurant ServiceCoffeehouse ServicePersonal UseSupermarkets ServiceConvenience Stores ServiceVending Machines ServiceThe report offers in-depth assessment of the growth and other aspects of the Cashew Milk market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Cashew Milk Market @ https://www.decisiondatabases.com/contact/download-sample-47781The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Cashew Milk product scope, , market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Cashew Milk, with price, sales, revenue and global market share of Cashew Milk in 2018 and 2019.Chapter 3, the Cashew Milk competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Cashew Milk breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Cashew Milk market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Cashew Milk sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Cashew Milk Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-47781Other Reports by DecisionDatabases.com:Global Skim Milk Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Flax Milk Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Organic Milk Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
According to Market Research Future (MRFR) Analysis – Global Medical Writing market is expected to show a significant growth in forecast period 2019 to 2025.
Moreover, the burgeoning CRO industry fosters the growth of the market.
Besides, rising patent expiration has been leading to increasing the demand for medical writers in recent years.Substantial investments made in the rising numbers of research and development activities in the pharma & biotechnology industries are directly linked to the growth of the market.
However, factors such as stringent government regulatory policies are restraining the growth of the market.
Medical Writing Market – SegmentsThe Medical Writing Market report has been segmented into four major dynamics.By Type: Clinical Writing, Scientific Writing, Regulatory Writing, Disease & Drug-Related Writing, and others.By Application: Medical Education, Medical Journalism, Medico Marketing, and others.By End User: Pharmaceutical & Biotechnology Companies, Contract Research Organizations (CROS), and others.By Regions: Americas, Europe, Asia Pacific, Middle East & Africa, and Rest-of-the-World.
Global Medical Writing Market – Regional AnalysisNorth America accounts for the largest share in the global medical writing market, attributing to the well-developed healthcare, pharmaceutical, and biotechnology industries.
The Flavoured Milk Market Research report provides an in-depth analysis of the industry, including current and future growth patterns, end-user analysis and key data that have been validated by experts.
This report examines the market's importance, share and size, demand and supply as well as models, competitive landscape, industry chain analysis and other important factors.
It also includes a detailed analysis of the industry's driving factors and the likely micro-economic factors that will affect its future development.The Flavoured Milk Market Research Report assesses the global Flavoured Milk Marketplace industry market.
These segments are examined carefully to provide a greater understanding of global and regional markets.
The report includes details of key industry players such as company overviews, product portfolios, growth strategies, revenue generation and revenue sharing, market share and size, geographical presence and market size forecast and development.Flavoured Milk Marketwas valued is expected to reach US$ XXBn.
The report covers the following:• Yili Industrial Group Company Limited• China Mengniu Dairy Company Limited• Gujarat Cooperative Milk Marketing Federation Limited• Mother Dairy Fruit and Vegetable Private Limited• Danone Ltd.• Kraft Foods Group, Inc.• Inner Mongolia Yili Industrial Group• Amul• Nestlé• Fonterra Co-operative Group• Lactalis International• Dean Foods• Hiland• Umang Daries Pvt.
