Almond Drink Market Size, Share, and Forecast Outlook 2025 to 2035

The global almond drink market is expected to grow from USD 5.24 billion in 2025 to USD 8.87 billion by 2035, at a CAGR of 5.4%. This growth is fueled by the rising demand for plant-based, dairy-free beverages driven by health, sustainability, and ethical concerns. Almond drinks are gaining popularity for their nutritional benefits, being low in calories, rich in vitamins, and a good source of calcium and vitamin D.

Quick Stats of Almond Drink Market

  • Market Value (2025): USD 5.24 billion
  • Forecast Value (2035): USD 8.87 billion
  • Forecast CAGR: 5.4%
  • Product Leader in 2025: Unsweetened almond drinks (39.5%)
  • Key Growth Region: East Asia (fastest-growing with 7.8% CAGR)
  • Leading Player: Fuerst Day Lawson

Almond Drink Market

The industry holds varying shares within its parent industries. In the plant-based milk sector, almond milk leads with a 56% share of the global revenue. Within the dairy alternatives industry, almond drinks account for a substantial portion, estimated at around 30-35%, as they remain a top choice among plant-based milk options. In the non-alcoholic beverages sector, almond milk’s share is less defined but contributes notably, especially in the health-conscious segment.

Within the functional beverages industry, almond drinks, particularly fortified versions, make up a significant percentage, estimated at 5-7%. In the organic food and beverage industry, organic almond milk is growing rapidly, though it still holds a smaller share of around 3-4%.

In 2024, the almond drink industry experienced significant mergers, acquisitions, and innovations. Refresco acquired FríasNutrición, enhancing its plant-based beverage portfolio and driving product innovation. Oddlygood, a Finnish company, expanded into the UK industry by acquiring Rude Health, known for its clean-label almond milk products.

MPearlRock acquired Nutpods, a leading non-dairy creamer brand, further solidifying its position in the plant-based sector. Above Foods merged with Bite Acquisition Corporation, becoming publicly listed, which allowed for increased investment in sustainable and innovative plant-based formulations. These strategic moves showcase the industry's focus on growth, innovation, and meeting rising consumer demand for plant-based alternatives.

Analyzing Almond Drink Market by Top Investment Segments

The industry will grow due to rising demand for plant-based beverages. Carton packs will hold 64.2% of the industry share in 2025, offering convenience and long shelf life. Unsweetened variants, capturing 39.5% of the flavor segment, cater to health-conscious, low-sugar preferences, driving growth in both retail and online platforms.

Sweetened and Unsweetened Almond Drink Leading the Flavor Segment

Unsweetened almond drinks will capture 39.5% of the flavor segment in 2025.

  • Unsweetened drinks are gaining popularity for their health benefits, including low calories and no added sugars, making them a preferred choice for smoothies, coffee, and cereals among health-conscious consumers.
  • Sweetened drinks maintain a strong presence, appealing to consumers seeking a smoother, familiar taste in their beverages, ensuring a broad consumer base.
  • Flavored drinks, particularly chocolate and vanilla variants, are increasingly favored by younger demographics and enhancing product offerings.

Almond Drink Market Analysis By Form

Food and Beverages Dominating Almond Drink Applications

The food and beverage sector are expected to dominate the almond drink industry, contributing to a 40% share in 2025.

  • Products are gaining popularity as a dairy milk substitute for smoothies, cereals, coffee, and desserts, driven by the rising trend of plant-based diets and lactose intolerance awareness.
  • The demand has surged due to the growing adoption of vegan and gluten-free diets, particularly in food processing applications.
  • The cosmetic industry, though holding a smaller share, is experiencing increased use of their moisturizing and soothing properties in skincare products.

Almond Drink Market Analysis By Application

Hypermarkets and Supermarkets Leading Distribution Channels

In 2025, hypermarkets and supermarkets are expected to capture 64% of the almond drink market share.

  • Supermarkets and hypermarkets remain the primary retail channels for almond drinks, offering broad reach, consumer trust, and convenience, with major chains expanding plant-based beverage offerings.
  • The growing availability of drinks in retail outlets enhances consumer access to these products, meeting increasing demand for healthier beverage alternatives.
  • Online retail sales are on the rise, driven by the convenience of home shopping, while department stores and specialized grocery retailers continue to contribute to growth.

Top Almond Drink Market Dynamics

The product's appeal lies in its lactose-free, low-calorie, and nutrient-rich profile, making it a preferred alternative to dairy milk. Additionally, the rise in vegan and vegetarian populations, along with a surge in food allergies and lactose intolerance, further propels demand.

Recent Market Trends and Innovations by Key Players

  • Companies are introducing a variety of almond milk flavors, including vanilla, chocolate, and unsweetened options, to cater to diverse consumer preferences.
  • Fortified almond milks enriched with nutrients like calcium, vitamin D, and protein are gaining popularity among health-conscious consumers.
  • Manufacturers are adopting eco-friendly packaging solutions, such as recyclable cartons and glass bottles, to appeal to environmentally aware buyers.
  • Innovations in almond milk formulations designed for coffee applications are enhancing texture and taste, meeting the needs of café customers.
  • Brands are expanding their presence in emerging sectors, particularly in Asia-Pacific regions like India and Indonesia, where demand for plant-based beverages is on the rise.

Challenges in the Almond Drinks Market

  • Almond cultivation requires significant water resources, raising sustainability issues in regions facing water scarcity.
  • The cost of almond milk remains higher than traditional dairy milk, potentially limiting its accessibility to price-sensitive consumers.
  • Almond production is susceptible to climatic conditions, such as droughts, which can impact supply and pricing stability.

Analysis of Top Countries Manufacturing, Exporting, and Supplying Almond Drinks Globally

Country Wise Analysis Of Almond Drink Market Cagr 2025 To 2035

Countries CAGR (2025 to 2035)
United States 4.2%
Germany 4.5%
China 5.7%
Japan 5.0%
India 6.2%

The OECD countries, including the United States and Germany, exhibit steady growth. The United States, with a projected CAGR of 4.2%, shows moderate growth, driven by a strong and consistent demand for plant-based beverages, particularly among health-conscious consumers.

As the industry matures, the USA continues to be a significant player in the almond drink segment, where demand for dairy alternatives is steadily rising. Germany, with a slightly higher CAGR of 4.5%, benefits from a long-standing health-focused consumer base and an established industry for plant-based milk options, ensuring continued stable growth.

The emerging industries within the BRICS group, especially India, are witnessing faster growth. India, with a projected CAGR of 6.2%, is experiencing a surge in demand for almond drinks, fueled by increasing health awareness, rising disposable incomes, and a growing preference for plant-based alternatives. The country’s expanding middle class and interest in dairy-free options position it as one of the fastest-growing industries for almond drinks.

China, with a projected CAGR of 5.7%, also reflects rapid adoption of plant-based beverages, as consumers seek healthier alternatives to dairy products. Japan, with a CAGR of 5.0%, continues to see steady growth driven by the increasing popularity of plant-based milk, especially among younger, health-conscious populations.

The report covers a detailed analysis of 40+ countries, and the top five countries have been shared as a reference.

United States Almond Drink Market Growth Outlook

The in the USA is projected to grow at a 4.2% CAGR from 2025 to 2035, driven by increasing consumer demand for dairy-free and plant-based beverages. Increased interest in vegan and lactose-free diets is driving the popularity, known for their low-calorie content and high vitamin E levels.

  • The drinks are gaining traction in the USA due to their versatility in applications like smoothies and cereals.
  • Leading brands are introducing fortified versions of products to cater to specific dietary preferences, fueling demand.
  • Widespread availability in grocery stores, health food sectors, and e-commerce platforms supports their growing consumption.

United Kingdom Almond Drink Market Growth Projections

The industry in the UK is expected to grow at a 4.5% CAGR from 2025 to 2035. This growth is driven by the increasing popularity of plant-based diets, as more consumers choose dairy-free beverages due to lactose intolerance or vegan preferences.

  • The increasing demand for clean-label and organic products is driving growth, especially among UK consumers.
  • Flavor innovations and fortification with additional nutrients are expanding the industry.
  • Mainstream supermarkets and specialty health food stores are capitalizing on this rising trend.

Germany Almond Drink Market Insights

The industry is projected to grow at a 4.5% CAGR from 2025 to 2035. The industry is benefiting from increasing consumer interest in plant-based products, driven by health-conscious and environmentally aware consumers. These drinks are seen as a premium, natural alternative to dairy, aligning with Germany's preference for organic and responsibly sourced foods.

  • Increasing awareness of the health benefits of almond drinks, particularly their support for heart health, is driving growth.
  • Germany's regulatory environment encourages healthier consumption patterns, such as low-sugar alternatives.
  • Ongoing innovations in almond drink formulations, including fortification with vitamins and minerals, contribute to sustained market expansion.

China Almond Drink Market Expansion

The Industry in china is set to experience robust growth, with a projected CAGR of 5.7% from 2025 to 2035. The growth is driven by increased health awareness among consumers, especially in urban areas, shifting from traditional dairy to plant-based alternatives.

  • The rising middle class and higher disposable incomes are boosting the adoption of premium products like almond drinks.
  • China's e-commerce expansion is enhancing product accessibility, allowing to reach a broader audience.
  • The demand for healthy, low-sugar beverages reflects the country’s broader movement toward healthier eating and lifestyle choices.

Japan Almond Drink Market Forecast

The Industry in Japan is projected to grow at a 5.0% CAGR from 2025 to 2035, supported by increasing consumer interest in plant-based, health-conscious beverages.

  • The Almond Smoothie are highly valued in Japan for their health benefits, including low calorie content and high levels of essential vitamins and minerals.
  • Japanese consumers are increasingly attracted to functional beverages that provide added nutritional value, such as fortified almond drinks.
  • Ongoing product innovation and the introduction of new flavors and formulations are crucial to meeting the changing preferences of Japanese consumers.

India Almond Drink Market Analysis

The industry in India is anticipated to grow at a 6.2% CAGR from 2025 to 2035, driven by rising health concerns and increasing awareness of the harmful effects of excessive sugar consumption. Almond drinks are becoming popular, especially in urban areas, as a nutritious, low-calorie alternative to dairy products.

  • The health-conscious population is increasingly seeking beverages that support heart health and weight management.
  • The Indian government's initiatives to promote healthier eating habits and reduce sugar intake align with the rising demand of the products.
  • The expansion of e-commerce and retail presence in urban centers is driving accelerated growth in India.

Leading Almond Drinks Supplier

The almond drink industry is characterized by a mix of established players and emerging companies, all competing through innovation and product diversification. Leading brands such as Fuerst Day Lawson, The Pressery, and White Wave Foods continue to invest heavily in research and development, responding to the growing consumer demand for plant-based beverages.

Califia Farms has made significant strides by expanding its product range to include new flavors and sustainable packaging, while The Luz Almond Company Pty Ltd focuses on catering to the demand for organic and gluten-free options.

Dominant companies like Alpro and Hain Celestial Group benefit from their extensive distribution networks and strong brand presence, creating high entry barriers for new players. The industry remains fragmented, with consolidation taking place alongside the emergence of new, niche brands.

Recent Industry News

  • Blue Diamond Growers has partnered with Kagome Co., Ltd. to enhance the production and distribution of Almond Breeze® in Japan, aiming to meet the growing demand for plant-based beverages in the region.
  • Companies are investing in research and development to improve almond drink formulations, focusing on enhancing taste profiles and nutritional content to cater to evolving consumer preferences.

Almond Drink Market -Report Scope

Report Attributes Details
Market Size (2025) USD 5.24 billion
Projected Market Size (2035) USD 8.87 billion
CAGR (2025 to 2035) 5.4%
Base Year for Estimation 2024
Historical Period 2020 to 2024
Projections Period 2025 to 2035
Quantitative Units USD billion for value
Form Types Analyzed Sweetened, Unsweetened, Flavored, Chocolate, Vanilla
Applications Analyzed Food & Beverages, Cosmetics
Distribution Channels Analyzed Hypermarkets/Supermarkets, Department & Grocery Stores, Online Retailers, Others
Regions Covered North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, Central Asia, Russia and Belarus, Balkan & Baltic Countries, Middle East & Africa
Countries Covered United States, Canada, Brazil, Mexico, Germany, France, United Kingdom, Italy, Spain, China, Japan, South Korea, India, Australia, United Arab Emirates (UAE), South Africa
Key Players Fuerst Day Lawson, The Pressery, White Wave Foods, Hain Celestial Group, The Luz Almond Company Pty Ltd, Nutriops, Hiland Dairy Foods, Califia Farms, Daiya Foods Inc., Pacific Foods of Oregon LLC, Alpro, Others
Additional Attributes Dollar sales growth by form (sweetened/unsweetened), regional demand trends, competitive landscape, pricing strategies, distribution channels, consumer preferences, formulation innovations.

Leading Players

  • Fuerst Day Lawson
  • The Pressery
  • White Wave Foods
  • Hain Celestial Group
  • The Luz Almond Company Pty Ltd
  • Nutriops
  • Hiland Dairy Foods
  • Califia Farms
  • Daiya Foods Inc.
  • Pacific Foods of Oregon LLC
  • Alpro
  • Others

Almonds Drinks Market Analyzed by Key Investment Segments

By Form:

It includes sweetened, unsweetened, flavored, chocolate, and vanilla variants.

By Application:

It is categorized into food & beverages and cosmetics.

By Distribution channel:

The industry is divided into hypermarkets/supermarkets, department & grocery stores, online retailers, and others.

By region:

The industry is segmented as North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, Central Asia, Russia and Belarus, Balkan & Baltic Countries, Middle East and Africa

Table of Content

  1. Executive Summary
  2. Industry Introduction, including Taxonomy and Market Definition
  3. Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
  4. Global Market Demand Analysis 2020 to 2024 and Forecast 2025 to 2035, including Historical Analysis and Future Projections
  5. Pricing Analysis
  6. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035
    • Form
    • Application
  7. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, Distribution Channel
    • By Form
    • Sweetened
  8. Unsweetened
    • Flavored
    • Chocolate
    • Vanilla
  9. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Application
    • Food & Beverages
    • Cosmetics
    • By Distribution Channel
    • Hypermarkets/Supermarkets
    • Department & Grocery Stores
    • Online Retailers
    • Others
  10. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Region
    • North America
    • Latin America
    • Western Europe
    • Eastern Europe
    • East Asia
    • South Asia & Pacific
    • Central Asia
    • Russia and Belarus
    • Balkan & Baltic Countries
    • Middle East and Africa
  11. North America Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  12. Latin America Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  13. Western Europe Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  14. Eastern Europe Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  15. East Asia Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  16. South Asia & Pacific Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  17. Central Asia Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  18. Russia and Belarus Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  19. 19 Balkan & Baltic Countries Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  20. 20 Middle East and Africa Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  21. Sales Forecast to 2035 by Form, Application, and Distribution Channel for 30 Countries
  22. Competitive Assessment, Company Share Analysis by Key Players, and Competition Dashboard
  23. Company Profile
    • Fuerst Day Lawson
    • The Pressery
    • White Wave Foods
    • Hain Celestial Group
    • The Luz Almond Company Pty Ltd
    • Nutriops
    • Hiland Dairy Foods
    • Califia Farms
    • Daiya Foods Inc.
    • Pacific Foods of Oregon LLC
    • Other Prominent Market Player

Frequently Asked Questions

What is the estimated industry size of the almond drinks industry in 2025?

The industry is valued at USD 5.24 billion in 2025.

What is the projected industry size of the almond drinks industry by 2035?

It is forecasted to reach USD 8.87 billion by 2035.

What is the expected CAGR for the almond drinks industry between 2025 and 2035?

The industry is anticipated to grow at a CAGR of 5.4% during this period.

Which segment is expected to lead the almond drinks industry in 2035?

The food & beverages application segment is projected to lead the market with a 60% share in 2035.

Which region is expected to witness the highest growth in the almond drinks market?

East Asia is expected to be the key growth region, with a projected growth rate of 7.8%.

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