Global Cashew Milk Market Value and Growth Projections for 2025 - 2030
The Global Cashew Milk Market size was valued at aroundUSD 288 billion in 2024and is projected to reachUSD 398 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.68% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.
Global Cashew Milk Market Driver:
Growing Prevalence of Plant-Based Food, Gaining Traction Cashew milk is conspicuously promoted as a plant-derived beverage enriched with calcium, tempting to consumers due to its low sugar and fat content. Additionally, due to its versatility and rich flavors, it can be easily used as a direct alternative for cows milk in a variety of applications, including beverages, cooking, and beverages, cooking, and baking. This is the reason, the large number of people are opting for plant-based dietary choices, resulting in a significant increment in requirements for milk substitutes. Therefore, it is concluded as a plant-based diet, cashew milk has widely become a popular alternative to traditional dairy products.
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Key Market Reports Highlights
Market Dimensions & Projections
Pricing Evaluation
Recent Strategic Moves by Companies
Primary Stakeholders
Import/Export Trend Analysis
Competitive Landscape Assessment
Emerging Opportunities
Market Trends and Indicators
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Global Cashew Milk Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Form
- Liquid
- Powder
- By Product Type
- Plain
- Flavored
- By Packaging Type
- Cartons
- Bottles
- Pouches
- Others (Jars, etc.)
- By Distribution Channel
- Online
- Supermarkets/Hypermarkets/Convenience store
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Alpro, Blue Diamond Growers, Cashew Dream, Danone SA, Earths Own Food Company, Elmhurst Milked Direct, Forager Project, Pacific Foods of Oregon LLC, Plenish Cleanse Ltd., Provamel, Nutty Life LLC, So Delicious Dairy Free, SunOpta, Inc., and White Wave Services Inc. are looking forward to strengthening their market positions.
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