Walnut Milk Market Report and Forecast 2025-2034

The global walnut milk market size is estimated to expand at a CAGR of 8.10% in the forecast period of 2025-2034. The major market drivers are growing consumer awareness regarding lactose intolerance and allergies and the rising awareness regarding multiple health benefits provided by walnut milk.

Key Trends in the Market

Walnut milk is an alternative to conventional milk sourced from animals which is made by blending soaked walnuts with water. It is rich in protein and calcium, has low calories, and is a perfect option for people who are vegan or lactose intolerant.

  • Growing demand for plant-based milks due to the absence of allergens, surging concerns regarding animal welfare, and the rising trend of veganism is one of the crucial walnut milk market trends. Walnut milk is also a preferred choice among consumers attempting to reduce animal-based product consumption from their diet.
  • Organic food products are gaining popularity due to a rise in consumer awareness regarding the negative impact of synthetic products on health and the environment. Several health-conscious consumers are seeking out organic walnut milk as they do not contain any harmful chemicals or antibiotics.
  • The walnut milk market growth can be attributed to the increasing attempts by key players to introduce new flavours of the product to enhance consumer appeal and stay ahead of their competitors. Some of these innovative products include spiced, turmeric, and cinnamon-infused walnut milk, among others.
Market Segmentation
"Global Walnut Milk Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:

Breakup by Flavour
  • Original
  • Chocolate
  • Vanilla
  • Others
Breakup by Type
  • Sweetened
  • Unsweetened
Breakup by Distribution Channel
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Speciality Stores
  • Online
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Share by Distribution Channel

Supermarkets/hypermarkets occupies a significant portion of the global walnut milk market share owing to their growing presence globally. Supermarkets are usually located in an accessible location, which makes it convenient for customers to buy food products. Furthermore, diverse flavours and variants of food and beverages, including walnut milk, are available at supermarkets and hypermarkets. Additionally, the mainstreaming of plant-based products drives sales of walnut milk from such channels.

Market Share by Region

As per the regional walnut milk market analysis, North America accounts for a substantial share of the global market due to the growing number of health-conscious consumers in the region. Furthermore, the rise in vegan culture and the shift towards plant-based diets also positively impact the walnut milk demand. Additionally, the adoption of new technology in the food sector and growing attempts by key players to develop new flavours of walnut milk are likely to fuel the market in the coming years.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the walnut milk market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

Elmhurst Milked Direct LLC

Elmhurst Milked Direct LLC, established in 1925 and based in New York, the United States, is a plant-based food and beverage manufacturer. Some of its popular products include almond milk, cashew milk, oat milk, and hazelnut milk, among others.

Borges International Group, S.L.

Borges International Group, S.L. is a family-owned food company of Mediterranean origin. The company, headquartered in Catalonia, Spain, provides milk alternatives, vegetable drinks, sauce, and pasta, among others.

Inner Mongolia Yili Industrial Group (Yili)

Inner Mongolia Yili Industrial Group (Yili), incorporated in 1993 with its headquarters in Inner Mongolia, China, is a dairy company. The company provides plant-based milk, milk powder, yoghurt, and ice cream, among others.

Other walnut milk market players include Hebei Yangyuan Zhihui Beverage Co., Ltd., Mariani Nut Company, Simple Foods Co., Ltd. (137 Degrees), TH Food Chain Joint Stock Company, Rita Food And Drink Co., Ltd., and Vinamilk, among others.


1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Walnut Milk Market Analysis
5.1 Key Industry Highlights
5.2 Global Walnut Milk Historical Market (2018-2024)
5.3 Global Walnut Milk Market Forecast (2025-2034)
5.4 Global Walnut Milk Market by Flavour
5.4.1 Original
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 Chocolate
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.4.3 Vanilla
5.4.3.1 Historical Trend (2018-2024)
5.4.3.2 Forecast Trend (2025-2034)
5.4.4 Others
5.5 Global Walnut Milk Market by Type
5.5.1 Sweetened
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 Unsweetened
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.6 Global Walnut Milk Market by Distribution Channel
5.6.1 Supermarkets/Hypermarkets
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Convenience Stores
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.6.3 Speciality Stores
5.6.3.1 Historical Trend (2018-2024)
5.6.3.2 Forecast Trend (2025-2034)
5.6.4 Online
5.6.4.1 Historical Trend (2018-2024)
5.6.4.2 Forecast Trend (2025-2034)
5.6.5 Others
5.7 Global Walnut Milk Market by Region
5.7.1 North America
5.7.1.1 Historical Trend (2018-2024)
5.7.1.2 Forecast Trend (2025-2034)
5.7.2 Europe
5.7.2.1 Historical Trend (2018-2024)
5.7.2.2 Forecast Trend (2025-2034)
5.7.3 Asia Pacific
5.7.3.1 Historical Trend (2018-2024)
5.7.3.2 Forecast Trend (2025-2034)
5.7.4 Latin America
5.7.4.1 Historical Trend (2018-2024)
5.7.4.2 Forecast Trend (2025-2034)
5.7.5 Middle East and Africa
5.7.5.1 Historical Trend (2018-2024)
5.7.5.2 Forecast Trend (2025-2034)
6 North America Walnut Milk Market Analysis
6.1 United States of America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Canada
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
7 Europe Walnut Milk Market Analysis
7.1 United Kingdom
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Germany
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 France
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Italy
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Asia Pacific Walnut Milk Market Analysis
8.1 China
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Japan
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 India
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 ASEAN
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Australia
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Others
9 Latin America Walnut Milk Market Analysis
9.1 Brazil
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Argentina
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Mexico
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Others
10 Middle East and Africa Walnut Milk Market Analysis
10.1 Saudi Arabia
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 United Arab Emirates
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Nigeria
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 South Africa
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
12.5.1 Elmhurst Milked Direct LLC
12.5.1.1 Company Overview
12.5.1.2 Product Portfolio
12.5.1.3 Demographic Reach and Achievements
12.5.1.4 Certifications
12.5.2 Borges International Group, S.L.
12.5.2.1 Company Overview
12.5.2.2 Product Portfolio
12.5.2.3 Demographic Reach and Achievements
12.5.2.4 Certifications
12.5.3 Inner Mongolia Yili Industrial Group (Yili)
12.5.3.1 Company Overview
12.5.3.2 Product Portfolio
12.5.3.3 Demographic Reach and Achievements
12.5.3.4 Certifications
12.5.4 Hebei Yangyuan Zhihui Beverage Co., Ltd.
12.5.4.1 Company Overview
12.5.4.2 Product Portfolio
12.5.4.3 Demographic Reach and Achievements
12.5.4.4 Certifications
12.5.5 Mariani Nut Company
12.5.5.1 Company Overview
12.5.5.2 Product Portfolio
12.5.5.3 Demographic Reach and Achievements
12.5.5.4 Certifications
12.5.6 Simple Foods Co., Ltd. (137 Degrees)
12.5.6.1 Company Overview
12.5.6.2 Product Portfolio
12.5.6.3 Demographic Reach and Achievements
12.5.6.4 Certifications
12.5.7 TH Food Chain Joint Stock Company
12.5.7.1 Company Overview
12.5.7.2 Product Portfolio
12.5.7.3 Demographic Reach and Achievements
12.5.7.4 Certifications
12.5.8 Rita Food And Drink Co., Ltd.
12.5.8.1 Company Overview
12.5.8.2 Product Portfolio
12.5.8.3 Demographic Reach and Achievements
12.5.8.4 Certifications
12.5.9 Vinamilk
12.5.9.1 Company Overview
12.5.9.2 Product Portfolio
12.5.9.3 Demographic Reach and Achievements
12.5.9.4 Certifications
12.5.10 Others

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