Asia-Pacific Nut-Based Milk Market - Industry Trends and Forecast to 2025
Asia-Pacific nut-based milk market is projected to register a CAGR of 23.9% in the forecast period of 2020 to 2025. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2025.
Market Segmentation:
Asia-Pacific Nut-Based Milk Market, By Category (Organic and Inorganic), Nut Milk Type (Almond Milk, Coconut Milk, Cashew Milk, Walnut Milk, Hazelnut Milk and Others), Packaging (Sachets, Tetra Pak, Bottles and Others), Packaging Size (Above 1000 ML, 501 to 1000 ML, 250 to 500 ML, 110 to 250 ML and Others), Flavor (Original, Vanilla, Chocolate, Honey, Coffee And Others), Formulation (Sweetened, Unsweetened), End User (Restaurants, Hotels & Bars, Café, Catering And Household), Distribution Channel (Store-Based Retailing and Online/E-commerce), Country (China, Japan, Australia, India, Thailand, Vietnam, Indonesia, Taiwan, New Zealand, South Korea, Singapore, Malaysia, Philippines, Rest of Asia-Pacific) Industry Trends and Forecast to 2025.
Some of the major factors contributing to the growth of the Asia-Pacific nut-based milk market are:
• Various expansions and product launches in plant-based dairy alternative milk
• Growing number of vegan population in the Asia-Pacific
Market Players:
The key market players Asia-Pacific nut-based milk market are listed below:
• Blue Diamond Growers
• Danone
• Califia Farm
• Hain Celestial Group
• Pureharvest
• Epigamia
• Life Health Foods India Private Limited
• Simple Foods Co., Ltd.
• Sanitarium
• Bonsoy Beverage Co.
• Freedom Foods Group Ltd.
• Bickford's
• Chengde Lulu Co., Ltd.
• Hebei Yangyuan ZhiHui Beverage Co Ltd
• Vitasoy International Holdings Ltd.
• Urban Platter
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- 1 Introduction 37
- 1.1 Objectives Of The Study 37
- 1.2 Market Definition 37
- 1.3 Overview Of Asia-pacific Nut-based Milk Market 37
- 1.4 Currency And Pricing 39
- 1.5 Limitations 39
- 1.6 Markets Covered 40
- 2 Market Segmentation 43
- 2.1 Markets Covered 43
- 2.2 Geographical Scope 44
- 2.3 Years Considered For The Study 44
- 2.4 Dbmr Tripod Data Validation Model 45
- 2.5 Primary Interviews With Key Opinion Leaders 48
- 2.6 Multivariate Modelling 49
- 2.7 Type Lifeline Curve 50
- 2.8 Dbmr Market Position Grid 51
- 2.9 Vendor Share Analysis 52
- 2.10 Secondary Sources 53
- 2.11 Assumptions 53
- 3 Executive Summary 54
- 4 Premium Insights 56
- 5 Pi Section: 57
- 5.1 Ingredient % Analysis – 68
- 5.1.1 Blue Diamond Grower_almond Breeze Original - 68
- 5.1.2 Blue Diamond Grower, Almond Breeze Unsweetened Almondmilk Cashewmilk Blend - 69
- 5.1.3 Blue Diamond Grower, Shelf Stable Coconut Vanilla Unsweetened Almondmilk- 70
- 5.1.4 Silk_ Unsweet Vanilla Almondmilk- 71
- 5.1.5 Silk_ Dark Chocolate Almondmilk- 72
- 5.1.6 Silk_ Silk Unsweetened Cashewmilk- 73
- 5.1.7 Silk_ Original Coconutmilk- 73
- 5.1.8 So Delicious_ Organic Vanilla Almondmilk With Cashew Beverage- 74
- 5.1.9 So Delicious_ Unsweetened Shelf Stable Cashewmilk Beverage- 75
- 5.1.10 So Delicious_ Organic Unsweetened Shelf Stable Coconutmilk Beverage- 75
- 5.1.11 Califia Farms_ Unsweetened Barista Blend Almondmilk- 76
- 5.1.12 Califia Farms_ Unsweetened Almondmilk - 77
- 5.1.13 Califia Farms_ Toasted Coconut Almondmilk- 77
- 5.2 Product Description - Major Brands 79
- 6 Brand & Sustainibility Analysis 92
- 6.1 Alpro 92
- 6.1.1 Introduction 92
- 6.1.2 Product Portfolio 92
- 6.1.3 Strategic Decision 93
- 6.1.4 Sustainability Move By Alpro 93
- 6.2 Almond Breeze 94
- 6.2.1 Introduction 94
- 6.2.2 Product Portfolio 94
- 6.2.3 Strategic Decision 95
- 6.2.4 Sustainability Move By Almond Breeze 95
- 6.3 Califia Farms 96
- 6.3.1 Introduction 96
- 6.3.2 Product Portfolio 96
- 6.3.3 Strategic Decision 97
- 6.3.4 Sustainability Move By Dream & Joya 97
- 6.4 Freedom Foods Group Ltd. 98
- 6.4.1 Introduction 98
- 6.4.2 Product Portfolio 98
- 6.4.3 Strategic Decision 98
- 6.4.4 Sustainability Move By Innocent 99
- 7 Regulations 100
- 7.1 China 100
- 7.2 India 101
- 7.3 Australia 101
- 7.4 Japan 101
- 7.4.1 Japan External Trade Organization (Jetro) 101
- 8 Asia-pacific Nut-based Milk Market: Raw Material Sourcing Intelligence 103
- 9 Asia-pacific Nut-based Milk Market: Promotional Activities 105
- 10 New Product Launch 108
- 11 Shopping Behavior & Dynamics 112
- 12 Meeting Consumer Requirement 113
- 13 Asia-pacific Nut-based Milk Market: Manufacturing Process 114
- 14 Import/Export Rules & Duties 116
- 14.1 China 116
- 14.2 Australia 117
- 14.3 Japan 118
- 15 Asia-pacific Nut-based Milk Market: Historical Data 120
- 16 Comparison With Dairy Based Products 121
- 17 Market Overview 122
- 17.1 Drivers 124
- 17.1.1 Changing Dietary Lifestyle Of Asia-pacific Consumers 124
- 17.1.2 Growing Number Of Vegan Population In Asia-pacific 124
- 17.1.3 Increase In Number Of Lactose Intolerant People 125
- 17.1.4 Various Expansions And Product Launches In Plant-based Dairy Alternative Milk Sector 126
- 17.1.5 Growing Awareness Among Asian Consumers About The Various Nutrition Benefits Offered By Nut-based Milk 126
- 17.2 Restraints 127
- 17.2.1 Volatile Tariff Charges And Prices Of Raw Material 127
- 17.2.2 High Prices Of Nut-based Milk In Comparison To Animal-based Milk 129
- 17.2.3 Environmental Factors Impacting Cultivation 129
- 17.3 Opportunities 131
- 17.3.1 Availability Of Variety Of Flavors 131
- 17.3.2 Environmental Impact Of Animal-based Milk 131
- 17.3.3 Growing Investments Of Plant-based Beverages 133
- 17.3.4 Growth Of Plant-based Milk In Comparison To Animal-based Milk In Emerging Countries As India 134
- 17.4 Challenges 134
- 17.4.1 Stringent Regulations On Plant-based Milk 134
- 17.4.2 High Availability Of Substitutes Such As Soya Milk, Oat Milk And Rice Milk 135
- 17.4.3 Lack Of Awareness Is Still Considered Niche And Premium 136
- 18 Covid-19 Impact On Asia-pacific Nut-based Milk Market 137
- 18.1 Consumers With Obesity At High Risk Of Covid-19 137
- 18.2 Increased Demand For Specific Food Products For Vegan & Vegetarian Diets. 138
- 18.3 Impact On Demand 138
- 18.4 Impact On Supply 139
- 18.5 Conclusion 139
- 19 Asia-pacific Nut-based Milk Market, By Nut Milk Type 140
- 19.1 Overview 141
- 19.2 Almond Milk 142
- 19.2.1 Sweetened 143
- 19.2.2 Unsweetened 143
- 19.3 Coconut Milk 143
- 19.3.1 Sweetened 144
- 19.3.2 Unsweetened 144
- 19.4 Cashew Milk 144
- 19.4.1 Sweetened 145
- 19.4.2 Unsweetened 145
- 19.5 Hazelnut Milk 145
- 19.5.1 Sweetened 147
- 19.5.2 Unsweetened 147
- 19.6 Walnut Milk 147
- 19.6.1 Sweetened 148
- 19.6.2 Unsweetened 148
- 19.7 Others 148
- 20 Asia-pacific Nut-based Milk Market, By Category 149
- 20.1 Overview 150
- 20.2 Inorganic 152
- 20.3 Organic 152
- 21 Asia-pacific Nut-based Milk Market, By Formulations 154
- 21.1 Overview 155
- 21.2 Sweetened 156
- 21.2.1 Flavored 157
- 21.2.2 Plain/Original 157
- 21.3 Unsweetened 157
- 21.3.1 Plain/Original 158
- 21.3.2 Flavored 158
- 22 Asia-pacific Nut-based Milk Market, By Flavor 159
- 22.1 Overview 160
- 22.2 Original 161
- 22.2.1 Almond Milk 162
- 22.2.2 Coconut Milk 162
- 22.2.3 Cashew Milk 162
- 22.2.4 Hazelnut Milk 162
- 22.2.5 Walnut Milk 162
- 22.2.6 Others 162
- 22.3 Vanilla 163
- 22.3.1 Almond Milk 164
- 22.3.2 Coconut Milk 164
- 22.3.3 Cashew Milk 164
- 22.3.4 Hazelnut Milk 164
- 22.3.5 Walnut Milk 164
- 22.3.6 Others 164
- 22.4 Chocolate 165
- 22.4.1 Almond Milk 166
- 22.4.2 Coconut Milk 166
- 22.4.3 Cashew Milk 166
- 22.4.4 Hazelnut Milk 166
- 22.4.5 Walnut Milk 166
- 22.4.6 Others 166
- 22.5 Coffee 166
- 22.5.1 Almond Milk 167
- 22.5.2 Coconut Milk 167
- 22.5.3 Cashew Milk 168
- 22.5.4 Hazelnut Milk 168
- 22.5.5 Walnut Milk 168
- 22.5.6 Others 168
- 22.6 Honey 168
- 22.6.1 Almond Milk 169
- 22.6.2 Coconut Milk 169
- 22.6.3 Cashew Milk 169
- 22.6.4 Hazelnut Milk 169
- 22.6.5 Walnut Milk 169
- 22.6.6 Others 169
- 22.7 Others 169
- 23 Asia-pacific Nut-based Milk Market, By End User 171
- 23.1 Overview 172
- 23.2 Household 173
- 23.3 Café 173
- 23.4 Restaurants 174
- 23.5 Hotels & Bars 174
- 23.6 Catering 175
- 24 Asia-pacific Nut-based Milk Market, By Packaging 176
- 24.1 Overview 177
- 24.2 Tetra Pak 178
- 24.3 Bottles 179
- 24.3.1 Pet Plastic 179
- 24.3.2 Glass 179
- 24.4 Sachets 179
- 24.5 Others 180
- 25 Asia-pacific Nut-based Milk Market, By Packaging Size 181
- 25.1 Overview 182
- 25.2 Above 1000 Ml 183
- 25.3 501 To 1000 Ml 184
- 25.4 250 To 500 Ml 185
- 25.5 110 To 250 Ml 185
- 25.6 Others 187
- 26 Asia-pacific Nut-based Milk Market, By Distribution Channel 188
- 26.1 Overview 189
- 26.2 Store-based Retailing 190
- 26.2.1 Supermarkets/Hypermarkets 191
- 26.2.1.1 Convenience Stores 191
- 26.2.1.2 Grocery Stores 191
- 26.2.1.3 Specialty Stores 191
- 26.2.1.4 Others 191
- 26.3 Online/E-commerce 191
- 27 Asia-pacific Nut-based Milk Market 193
- 27.1 Asia-pacific 193
- 27.1.1 China 198
- 27.1.2 Japan 204
- 27.1.3 Australia 210
- 27.1.4 India 216
- 27.1.5 Thailand 222
- 27.1.6 Vietnam 228
- 27.1.7 Indonesia 234
- 27.1.8 Taiwan 240
- 27.1.9 New Zealand 246
- 27.1.10 South Korea 252
- 27.1.11 Singapore 258
- 27.1.12 Malaysia 264
- 27.1.13 Philippines 270
- 27.1.14 Rest Of Asia-pacific 276
- 28 Asia-pacific Nut-based Milk Market: Company Landscape 277
- 28.1 Company Share Analysis: Asia-pacific 277
- 29 Company Profile 278
- 29.1 Danone 278
- 29.1.1 Company Overview 278
- 29.1.2 Revenue Analysis 279
- 29.1.3 Brand Portfolio 279
- 29.1.4 Recent Developments 280
- 29.2 Blue Diamond Growers 283
- 29.2.1 Company Snapshot 283
- 29.2.2 Product Portfolio 283
- 29.2.3 Recent Developments 283
- 29.3 Califia Farms, Llc 285
- 29.3.1 Company Snapshot 285
- 29.3.2 Product Portfolio 285
- 29.3.3 Recent Developments 285
- 29.4 Hebei Yangyuan Zhihui Beverage Co., Ltd. 287
- 29.4.1 Company Snapshot 287
- 29.4.2 Brand Portfolio 287
- 29.4.3 Recent Developments 287
- 29.5 Sanitarium 289
- 29.5.1 Company Snapshot 289
- 29.5.2 Brand Portfolio 289
- 29.5.3 Recent Developments 289
- 29.6 Freedom Foods Group Limited 291
- 29.6.1 Company Snapshot 291
- 29.6.2 Revenue Analysis 291
- 29.6.3 Brand Portfolio 291
- 29.6.4 Recent Development 292
- 29.7 Bickford's Australia 293
- 29.7.1 Company Snapshot 293
- 29.7.2 Product Portfolio 293
- 29.7.3 Recent Developments 293
- 29.8 Bonsoy Beverages Co. 295
- 29.8.1 Company Snapshot 295
- 29.8.2 Product Portfolio 295
- 29.8.3 Recent Development 295
- 29.9 Chengde Lulu Co. Ltd 296
- 29.9.1 Company Snapshot 296
- 29.9.2 Brand Portfolio 296
- 29.9.3 Recent Development 296
- 29.10 Epigamia 297
- 29.10.1 Company Overview 297
- 29.10.2 Product Portfolio 297
- 29.10.3 Recent Developments 297
- 29.11 Hain Celestail 299
- 29.11.1 Company Snapshot 299
- 29.11.2 Revenue Analysis 299
- 29.11.3 Product Portfolio 300
- 29.11.4 Recent Developments 300
- 29.12 Life Health Foods India Private Limited 302
- 29.12.1 Company Snapshot 302
- 29.12.2 Product Portfolio 302
- 29.12.3 Recent Developments 302
- 29.13 Pureharvest 304
- 29.13.1 Company Snapshot 304
- 29.13.2 Product Portfolio 304
- 29.13.3 Recent Developments 304
- 29.14 Simple Foods Co., Ltd 306
- 29.14.1 Company Snapshot 306
- 29.14.2 Product Portfolio 306
- 29.14.3 Recent Development 306
- 29.15 Urban Platter 307
- 29.15.1 Company Overview 307
- 29.15.2 Product Portfolio 307
- 29.15.3 Recent Developments 307
- 29.16 Vitasoy International Holdings Limited. 309
- 29.16.1 Company Snapshot 309
- 29.16.2 Revenue Analysis 309
- 29.16.3 Product Portfolio 310
- 29.16.4 Recent Developments 310
- 30 Questionnaire 312
- 31 Related Reports 316
- List Of Figures
- Figure 1 Asia-pacific Nut-based Milk Market: Segmentation 43
- Figure 2 Asia-pacific Nut-based Milk Market: Data Triangulation 45
- Figure 3 Asia-pacific Nut-based Milk Market: Droc Analysis 46
- Figure 4 Asia-pacific Nut-based Milk Market: Country Vs Regional Market Analysis 47
- Figure 5 Asia-pacific Nut-based Milk Market: Company Research Analysis 47
- Figure 6 Asia-pacific Nut-based Milk Market: Interview Demographics 48
- Figure 7 Asia-pacific Nut-based Milk Market: Dbmr Market Position Grid 51
- Figure 8 Asia-pacific Nut-based Milk Market: Dbmr Vendor Share Analysis 52
- Figure 9 Asia-pacific Nut-based Milk Market: Segmentation 55
- Figure 10 Increase In Number Of Lactose Intolerant People Is Expected To Drive The Asia-pacific Nut-based Milk Market In The Forecast Period Of 2020 To 2025 56
- Figure 11 Inorganic Is Expected To Account For The Largest Share Of The Asia-pacific Nut-based Milk Market In 2020 To 2025 56
- Figure 12 Drivers, Restraints, Opportunities And Challenges Of The Asia-pacific Nut-based Milk Market 123
- Figure 13 Water Footprint Of Tree Nuts (In Liters Per Kg Of Nuts) 130
- Figure 14 Carbon Footprint Of Per Kg Nut Production 130
- Figure 15 Asia-pacific Nut-based Milk Market, By Nut Milk Type, 2018-2025 (Usd Million) 141
- Figure 16 Asia-pacific Nut-based Milk Market, By Category, 2018-2025 (Usd Million) 150
- Figure 17 Asia-pacific Nut-based Milk Market, By Formulations, 2018-2025 (Usd Million) 155
- Figure 18 Asia-pacific Nut-based Milk Market, By Flavor, 2018-2025 (Usd Million) 160
- Figure 19 Asia-pacific Nut-based Milk Market, By End User, 2018-2025 (Usd Million) 172
- Figure 20 Asia-pacific Nut-based Milk Market, By Packaging, 2018-2025 (Usd Million) 177
- Figure 21 Asia-pacific Nut-based Milk Market, By Packaging Size, 2018-2025 (Usd Million) 182
- Figure 22 Asia-pacific Nut-based Milk Market, By Distribution Channel, 2018-2025 (Usd Million) 189
- Figure 23 Asia-pacific Nut-based Milk Market: Snapshot (2019) 193
- Figure 24 Asia-pacific Nut-based Milk Market: By Country (2019) 195
- Figure 25 Asia-pacific Nut-based Milk Market: By Country (2020 & 2025) 195
- Figure 26 Asia-pacific Nut-based Milk Market: By Country (2019 & 2025) 196
- Figure 27 Asia-pacific Nut-based Milk Market: By Product Type(2020-2025) 196
- Figure 28 Asia-pacific Nut-based Milk Market: Company Share 2019 (%) 277
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