North America Almond Milk Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The North America Almond Milk Market is segmented by Distribution Channel (Off-Trade, On-Trade) and by Country (Canada, Mexico, United States). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Production volume of plant-based products.

North America Almond Milk Market Size

North America Almond Milk Market Summary
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Icons Lable Value
svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 2.72 Billion
svg icon Market Size (2029) USD 4.58 Billion
svg icon Largest Share by Distribution Channel Off-Trade
svg icon CAGR (2024 - 2029) 10.96 %
svg icon Largest Share by Country United States
svg icon Market Concentration Medium

Major Players

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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

Compare market size and growth of North America Almond Milk Market with other markets in Food & Beverage Industry

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North America Almond Milk Market Analysis

The North America Almond Milk Market size is estimated at 2.72 billion USD in 2024, and is expected to reach 4.58 billion USD by 2029, growing at a CAGR of 10.96% during the forecast period (2024-2029).

2.72 Billion

Market Size in 2024 (USD)

4.58 Billion

Market Size in 2029 (USD)

7.14 %

CAGR (2017-2023)

10.96 %

CAGR (2024-2029)

Largest Market by Distribution Channel

92.45 %

value share, Off-Trade, 2023

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The growth of segment in the country is largely driven with the existence of an inviting place for customers to shop, as they are constantly drawn to make large purchases.

Largest Market by Country

83.57 %

value share, United States, 2023

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Higher purchasing power, the inclusion of dairy products in most of their consumption patterns, and high productivity are some of the major factors driving the U.S market.

Fastest-growing Market by Distribution Channel

11.19 %

Projected CAGR, Off-Trade, 2024-2029

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The onset of the experimential economy and the rising social media platforms with increasing consumer reach in the market is driving the off trade channels through online channels

Fastest-growing Market by Country

14.76 %

Projected CAGR, Mexico, 2024-2029

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Wellness remains to be top priority for Mexicans, who increasingly have gravitated to almonds and their products for several health benefits, driving the segmental growth.

Leading Market Player

19.22 %

market share, Danone SA, 2022

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Danone SA and its sub-brands have high brand equity in the market with constant enhancement in its offering with gluten free labels, which aids in maintaining its top position.

Easy availability of almond milk through wide retail sector is boosting the growth

  • In North America, the rise in lactose intolerance and people's growing preferences for healthy foods are boosting the demand for almond milk sales through retail channels. Almond milk now serves as the leader of innovation in the milk category, supported by key advancements in ingredient diversification and product development that seeks to replicate both the sensory experience and nutritional value of cow's milk. In 2022, the sales value of almond milk through all the distribution channels in North America increased by 7.5% over 2021.
  • The off-trade segment dominates the distribution channels of the North American almond milk market. In the off-trade segment, the supermarkets and hypermarkets sub-segment accounted for the majority of the share, amounting to 84.2% by value, in 2022.
  • In North America, the United States recorded the highest sales of almond milk through retail channels. The United States is the leading market in North America for online shopping, and online retail stores as a sales channel are gaining popularity among the population. In 2022, the sales of almond milk through e-commerce reached a total of USD 36.86 million, rising from USD 33.22 million in 2021.
  • The on-trade channel is the fastest-growing segment in the North American almond milk market, anticipated to grow by 19.3% in 2024 from 2021. Many leading restaurants in the region use plant-based milk, particularly as an optional ingredient in cocktails, smoothies, coffees, and espresso-based drinks. In 2022, there were more than 600,000 restaurants existing in the United States, and the average US household spent USD 2,375 annually on dining and takeout purchases.
North America Almond Milk Market

Exhaustive production and consumption of almonds and almond milk led by United States remains the key factor

  • North America dominated the global almond milk market due to the population's increasing intolerance for lactose, consumers' preferences shifting toward healthy foods, and also higher production of almonds, which rose by an average of 6.7% from 2017 to 2021. The market for plant-based milk accounts for around 10% of the North American milk market, and the increasing number of plant-based milk customers have more options than ever. Almond milk is currently the most preferred and consumed plant-based milk in North America, which accounts for almost two-thirds of the global market.
  • The United States is the region's leading almond milk market and is projected to register the fastest Y-o-Y growth rate of 19% by value from 2023 to 2025. The country's higher demand is due to its accounting for the highest production volume of almonds globally, amounting to around 2,002,742 tons annually or 80% of the global almond production. This is resulting in increased production of almond milk every year. Constant product launches are a key factor promoting the sales of almond milk in the country because US consumers are highly keen on trying new products.
  • Canada is the second-leading market for almond milk in North America. Governmental support is the primary factor boosting the sales of almond milk in the country. The Canadian government has identified plant-based foods as an important and growing industry and included the plant alternatives industry in its Supercluster Initiative while investing USD 150 million toward its development in 2018. In 2021, another investment of USD 173 million was made. Thus, the Canadian almond milk market is projected to record a Y-o-Y growth rate of 11.08% during the forecast period.

North America Almond Milk Market Trends

Consumer preferences shifting toward healthy foods and sustainable ingredient sourcing is largely driving the consumption of almond milk in North America

  • Plant-based milk is the largest consumed category among all dairy alternative products across the region. Almond milk per capita consumption has been on the rise for the past few years due to the growing vegan population. Nearly half of the US population (47%) consumes plant-based milk regularly, a number that increases to 56% for the millennial demographic alone. Consumer preferences shifting toward healthy food and sustainable ingredient sourcing are significant factors influencing consumer choice. In the United States, 40% of Generation Z, followed by 38% of Millennials, 34% of Generation X, and 21% of Baby Boomers and Seniors demographics, consume plant-based milk due to sustainably sourced ingredients.
  • One of the highest obesity rates globally is in the United States. As of November 2021, the United States had adult obesity rates of 30% or more, with 19 states having rates of 35% or more. The growing volume of lactose-intolerant consumers in the region has been another important aspect. In 2022, 30 to 50 million Americans were lactose intolerant. In order to counter these constraints, people are exploring ways to stay fit and opting for healthier lifestyles. This, in turn, has increased the consumption of various healthy drinks, including almond milk.
  • Almond milk is perceived as a protein-rich nut-based milk that helps strengthen the bones. Almond milk has emerged as a good substitute for dairy milk owing to its flavor and amalgamation proficiency. It is also used as a base for smoothies since it effectively blends with hot and cold beverages such as tea or coffee and is considered a good substitute for milk, even for baking purposes. Thus, the consumption of almond milk is expected to grow significantly over the forecast period.
North America Almond Milk Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Almond milk production in the region has increased due to consumers' increased preference for vegan diets due to the positive health benefits of eating almonds

North America Almond Milk Industry Overview

The North America Almond Milk Market is moderately consolidated, with the top five companies occupying 42.12%. The major players in this market are Agrifoods International Cooperative Ltd, Blue Diamond Growers, Califia Farms LLC, Danone SA and Hiland Dairy Foods (sorted alphabetically).

North America Almond Milk Market Leaders

  1. Agrifoods International Cooperative Ltd

  2. Blue Diamond Growers

  3. Califia Farms LLC

  4. Danone SA

  5. Hiland Dairy Foods

North America Almond Milk Market Concentration

Other important companies include Campbell Soup Company, Elmhurst Milked LLC, Malk Organics LLC, SunOpta Inc., The Hain Celestial Group Inc..

*Disclaimer: Major Players sorted in alphabetical order.

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North America Almond Milk Market News

  • October 2022: SunOpta Inc. completed the first phase of a USD 100 million sterile alternative milk plant in Midlothian to manufacture sustainable milk and food products.
  • April 2022: Califia Farms launched the Unsweetened Almond Barista Blend, which contains calcium and vitamin D.
  • January 2022: Danone North America introduced a new addition to its almond milk portfolio named Silk Extra Creamy Almondmilk, featuring a blend of three types of almonds.

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North America Almond Milk Market
North America Almond Milk Market
North America Almond Milk Market
North America Almond Milk Market

North America Almond Milk Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. Per Capita Consumption

    2. 2.2. Raw Material/commodity Production

      1. 2.2.1. Almond

    3. 2.3. Regulatory Framework

      1. 2.3.1. Canada

      2. 2.3.2. Mexico

      3. 2.3.3. United States

    4. 2.4. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 3.1. Distribution Channel

      1. 3.1.1. Off-Trade

        1. 3.1.1.1. By Sub Distribution Channels

          1. 3.1.1.1.1. Convenience Stores

          2. 3.1.1.1.2. Online Retail

          3. 3.1.1.1.3. Specialist Retailers

          4. 3.1.1.1.4. Supermarkets and Hypermarkets

          5. 3.1.1.1.5. Others (Warehouse clubs, gas stations, etc.)

      2. 3.1.2. On-Trade

    2. 3.2. Country

      1. 3.2.1. Canada

      2. 3.2.2. Mexico

      3. 3.2.3. United States

      4. 3.2.4. Rest of North America

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).

      1. 4.4.1. Agrifoods International Cooperative Ltd

      2. 4.4.2. Blue Diamond Growers

      3. 4.4.3. Califia Farms LLC

      4. 4.4.4. Campbell Soup Company

      5. 4.4.5. Danone SA

      6. 4.4.6. Elmhurst Milked LLC

      7. 4.4.7. Hiland Dairy Foods

      8. 4.4.8. Malk Organics LLC

      9. 4.4.9. SunOpta Inc.

      10. 4.4.10. The Hain Celestial Group Inc.

  7. 5. KEY STRATEGIC QUESTIONS FOR DAIRY AND DAIRY ALTERNATIVE CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. PER CAPITA CONSUMPTION OF ALMOND MILK, KG, NORTH AMERICA, 2017 - 2029
  1. Figure 2:  
  2. PRODUCTION VOLUME OF NORTH AMERICA ALMOND MILK MARKET - RAW MATERIAL, METRIC TONNES, NORTH AMERICA, 2017 - 2021
  1. Figure 3:  
  2. VOLUME OF ALMOND MILK, METRIC TONNES, BY NORTH AMERICA, 2017 - 2029
  1. Figure 4:  
  2. VALUE OF ALMOND MILK, USD MN, BY NORTH AMERICA, 2017 - 2029
  1. Figure 5:  
  2. VOLUME OF ALMOND MILK MARKET BY DISTRIBUTION CHANNEL, METRIC TONNES, NORTH AMERICA, 2017 - 2029
  1. Figure 6:  
  2. VALUE OF ALMOND MILK MARKET BY DISTRIBUTION CHANNEL, USD MN, NORTH AMERICA, 2017 - 2029
  1. Figure 7:  
  2. VOLUME SHARE OF ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL , %, NORTH AMERICA, 2017 VS 2023 VS 2029
  1. Figure 8:  
  2. VALUE SHARE OF ALMOND MILK MARKET, BY DISTRIBUTION CHANNEL , %, NORTH AMERICA, 2017 VS 2023 VS 2029
  1. Figure 9:  
  2. VOLUME OF ALMOND MILK MARKET BY SUB DISTRIBUTION CHANNELS, METRIC TONNES, NORTH AMERICA, 2017 - 2029
  1. Figure 10:  
  2. VALUE OF ALMOND MILK MARKET BY SUB DISTRIBUTION CHANNELS, USD MN, NORTH AMERICA, 2017 - 2029
  1. Figure 11:  
  2. VOLUME SHARE OF ALMOND MILK MARKET, BY SUB DISTRIBUTION CHANNELS , %, NORTH AMERICA, 2017 VS 2023 VS 2029
  1. Figure 12:  
  2. VALUE SHARE OF ALMOND MILK MARKET, BY SUB DISTRIBUTION CHANNELS , %, NORTH AMERICA, 2017 VS 2023 VS 2029
  1. Figure 13:  
  2. VOLUME OF ALMOND MILK MARKET SOLD VIA CONVENIENCE STORES, METRIC TONNES, NORTH AMERICA, 2017 - 2029
  1. Figure 14:  
  2. VALUE OF ALMOND MILK MARKET SOLD VIA CONVENIENCE STORES, USD MN, NORTH AMERICA, 2017 - 2029
  1. Figure 15:  
  2. VOLUME OF ALMOND MILK MARKET SOLD VIA ONLINE RETAIL, METRIC TONNES, NORTH AMERICA, 2017 - 2029
  1. Figure 16:  
  2. VALUE OF ALMOND MILK MARKET SOLD VIA ONLINE RETAIL, USD MN, NORTH AMERICA, 2017 - 2029
  1. Figure 17:  
  2. VOLUME OF ALMOND MILK MARKET SOLD VIA SPECIALIST RETAILERS, METRIC TONNES, NORTH AMERICA, 2017 - 2029
  1. Figure 18:  
  2. VALUE OF ALMOND MILK MARKET SOLD VIA SPECIALIST RETAILERS, USD MN, NORTH AMERICA, 2017 - 2029
  1. Figure 19:  
  2. VOLUME OF ALMOND MILK MARKET SOLD VIA SUPERMARKETS AND HYPERMARKETS, METRIC TONNES, NORTH AMERICA, 2017 - 2029
  1. Figure 20:  
  2. VALUE OF ALMOND MILK MARKET SOLD VIA SUPERMARKETS AND HYPERMARKETS, USD MN, NORTH AMERICA, 2017 - 2029
  1. Figure 21:  
  2. VOLUME OF ALMOND MILK MARKET SOLD VIA OTHERS (WAREHOUSE CLUBS, GAS STATIONS, ETC.), METRIC TONNES, NORTH AMERICA, 2017 - 2029
  1. Figure 22:  
  2. VALUE OF ALMOND MILK MARKET SOLD VIA OTHERS (WAREHOUSE CLUBS, GAS STATIONS, ETC.), USD MN, NORTH AMERICA, 2017 - 2029
  1. Figure 23:  
  2. VOLUME OF ALMOND MILK MARKET SOLD VIA ON-TRADE, METRIC TONNES, NORTH AMERICA, 2017 - 2029
  1. Figure 24:  
  2. VALUE OF ALMOND MILK MARKET SOLD VIA ON-TRADE, USD MN, NORTH AMERICA, 2017 - 2029
  1. Figure 25:  
  2. VOLUME OF ALMOND MILK MARKET BY COUNTRY, METRIC TONNES, NORTH AMERICA, 2017 - 2029
  1. Figure 26:  
  2. VALUE OF ALMOND MILK MARKET BY COUNTRY, USD MN, NORTH AMERICA, 2017 - 2029
  1. Figure 27:  
  2. VOLUME SHARE OF ALMOND MILK MARKET, BY COUNTRY , %, NORTH AMERICA, 2017 VS 2023 VS 2029
  1. Figure 28:  
  2. VALUE SHARE OF ALMOND MILK MARKET, BY COUNTRY , %, NORTH AMERICA, 2017 VS 2023 VS 2029
  1. Figure 29:  
  2. VOLUME OF ALMOND MILK MARKET, METRIC TONNES, CANADA, 2017 - 2029
  1. Figure 30:  
  2. VALUE OF ALMOND MILK MARKET, USD MN, CANADA, 2017 - 2029
  1. Figure 31:  
  2. VOLUME OF ALMOND MILK MARKET, METRIC TONNES, MEXICO, 2017 - 2029
  1. Figure 32:  
  2. VALUE OF ALMOND MILK MARKET, USD MN, MEXICO, 2017 - 2029
  1. Figure 33:  
  2. VOLUME OF ALMOND MILK MARKET, METRIC TONNES, UNITED STATES, 2017 - 2029
  1. Figure 34:  
  2. VALUE OF ALMOND MILK MARKET, USD MN, UNITED STATES, 2017 - 2029
  1. Figure 35:  
  2. VOLUME OF ALMOND MILK MARKET, METRIC TONNES, REST OF NORTH AMERICA, 2017 - 2029
  1. Figure 36:  
  2. VALUE OF ALMOND MILK MARKET, USD MN, REST OF NORTH AMERICA, 2017 - 2029
  1. Figure 37:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, NORTH AMERICA, 2017 - 2029
  1. Figure 38:  
  2. MOST ADOPTED STRATEGIES, COUNT, NORTH AMERICA, 2017 - 2029
  1. Figure 39:  
  2. VALUE SHARE OF MAJOR PLAYERS, %, NORTH AMERICA, 2022

North America Almond Milk Industry Segmentation

Off-Trade, On-Trade are covered as segments by Distribution Channel. Canada, Mexico, United States are covered as segments by Country.

  • In North America, the rise in lactose intolerance and people's growing preferences for healthy foods are boosting the demand for almond milk sales through retail channels. Almond milk now serves as the leader of innovation in the milk category, supported by key advancements in ingredient diversification and product development that seeks to replicate both the sensory experience and nutritional value of cow's milk. In 2022, the sales value of almond milk through all the distribution channels in North America increased by 7.5% over 2021.
  • The off-trade segment dominates the distribution channels of the North American almond milk market. In the off-trade segment, the supermarkets and hypermarkets sub-segment accounted for the majority of the share, amounting to 84.2% by value, in 2022.
  • In North America, the United States recorded the highest sales of almond milk through retail channels. The United States is the leading market in North America for online shopping, and online retail stores as a sales channel are gaining popularity among the population. In 2022, the sales of almond milk through e-commerce reached a total of USD 36.86 million, rising from USD 33.22 million in 2021.
  • The on-trade channel is the fastest-growing segment in the North American almond milk market, anticipated to grow by 19.3% in 2024 from 2021. Many leading restaurants in the region use plant-based milk, particularly as an optional ingredient in cocktails, smoothies, coffees, and espresso-based drinks. In 2022, there were more than 600,000 restaurants existing in the United States, and the average US household spent USD 2,375 annually on dining and takeout purchases.
Distribution Channel
Off-Trade
By Sub Distribution Channels
Convenience Stores
Online Retail
Specialist Retailers
Supermarkets and Hypermarkets
Others (Warehouse clubs, gas stations, etc.)
On-Trade
Country
Canada
Mexico
United States
Rest of North America
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Market Definition

  • Dairy Alternatives - Dairy alternatives are foods that are made from plant-based milk/oils instead of their usual animal products, such as cheese, butter, milk, ice cream, yogurt, etc. Plant-based or non-dairy milk alternative is the fast-growing segment in the newer food product development category of functional and specialty beverage across the globe.
  • Non-Dairy Butter - Non dairy butter is a vegan butter alternative that is made from a mixture of plant oils. With an increase in alternative diets like vegetarianism, veganism, and gluten intolerance, plant butter is a healthy non-dairy substitute for normal butter.
  • Non-Dairy Ice Cream - Plant based ice cream is a growing category. Non-dairy ice cream is a type of dessert made without any animal ingredients. This is typically considered a substitute for regular ice cream for those who cannot or do not eat animal or animal-derived products, including eggs, milk, cream, or honey.
  • Plant-Based Milk - Plant based milks are milk substitutes that are made from nuts (e.g., hazelnuts, hemp seeds), seeds (e.g., sesame, walnuts, coconuts, cashews, almonds, rice, oats, etc.) or legumes (e.g., soy). Plant-based milk such as soy milk and almond milk have been popular in East Asia and the Middle East for centuries.
Keyword Definition
Cultured Butter Cultured butter is prepared by having the raw butter go through chemical processing and has been added with certain emulsifiers and foreign ingredients.
Uncultured Butter This type of butter is one which has not been processed in any way
Natural Cheese The type of cheese in its most natural form. It is made from natural and simple products and ingredients, including fresh and natural salts, natural colors, enzymes, and high-quality milk.
Processed Cheese Processed cheese undergoes the same processes as natural cheese; however, it requires more steps and many different forms of ingredients. Making processed cheese involves melting natural cheese, emulsifying it, and adding preservatives and other artificial ingredients or colorings.
Single Cream Single cream contains around 18% fat. It’s a single layer of cream that appears over boiled milk.
Double Cream Double cream contains 48% fat, more than double the amount of fat of single cream. It’s heavier and thicker than single cream
Whipping Cream This has a much higher fat percentage than single cream (36%). Used to top cakes, pies, and puddings and as a thickener for sauces, soups, and fillings.
Frozen Desserts Desserts that are meant to be eaten in frozen condition. E.g., sherbets, sorbets, frozen yogurts
UHT Milk (Ultra-high temperature milk) Milk heated at a very high temperature. Ultra-high-temperature processing (UHT) of milk involves heating for 1–8 sec at 135–154°C. which kills the spore-forming pathogenic microorganism, resulting in a product with a shelf-life of several months.
Non-dairy butter/Plant-based butter Butter made from plant-derived oil such as coconut, palm, etc.
Non-dairy Yogurt Yogurt made from typically made from nuts, like almonds, cashews, coconuts, and even other foods like soybeans, plantains, oats, and peas
On-trade It refers to restaurants, QSRs, and bars.
Off-trade It refers to supermarkets, hypermarkets, on-line channels, etc.
Neufchatel cheese One of the oldest kinds of cheese in France. It is a soft, slightly crumbly, mold-ripened, bloomy-rind cheese made in the Neufchâtel-en-Bray region of Normandy.
Flexitarian It refers to a consumer preferring a semi-vegetarian diet, that is centered on plant foods with limited or occasional inclusion of meat.
Lactose Intolerance Lactose intolerance is a reaction in digestive system to lactose, the sugar in milk. It causes uncomfortable symptoms in response to the consumption of dairy products.
Cream Cheese Cream cheese is a soft and creamy fresh cheese with a tangy taste made from milk and cream.
Sorbets Sorbet is a frozen dessert made using ice combined with fruit juice, fruit purée, or other ingredients, such as wine, liqueur, or honey.
Sherbet Sherbet is a sweetened frozen dessert made with fruit and some sort of dairy product such as milk or cream.
Shelf stable Foods that can be safely stored at room temperature, or "on the shelf," for at least one year and do not have to be cooked or refrigerated to eat safely.
DSD Direct Store Delivery is the process in supply chain management wherein the product is delivered from manufacturing plant directly to the retailer.
OU Kosher Orthodox Union Kosher is a kosher certification agency based in New York City.
Gelato Gelato is a frozen creamy dessert made with milk, heavy cream and sugar.
Grass-fed Cows Grass-fed cows are allowed to graze in pastures, where they eat a variety of grasses and clover.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.​
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.​
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.​
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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North America Almond Milk Market Research FAQs

The North America Almond Milk Market size is expected to reach USD 2.72 billion in 2024 and grow at a CAGR of 10.96% to reach USD 4.58 billion by 2029.

In 2024, the North America Almond Milk Market size is expected to reach USD 2.72 billion.

Agrifoods International Cooperative Ltd, Blue Diamond Growers, Califia Farms LLC, Danone SA and Hiland Dairy Foods are the major companies operating in the North America Almond Milk Market.

In the North America Almond Milk Market, the Off-Trade segment accounts for the largest share by distribution channel.

In 2024, United States accounts for the largest share by country in the North America Almond Milk Market.

In 2023, the North America Almond Milk Market size was estimated at 2.72 billion. The report covers the North America Almond Milk Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Almond Milk Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

North America Almond Milk Industry Report

Statistics for the 2023 North America Almond Milk market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Almond Milk analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

North America Almond Milk Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029