
Walnut Milk Market Report and Forecast 2025-2034
Description
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.
"Global Walnut Milk Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:
Breakup by Flavour
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.
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.
"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
- Sweetened
- Unsweetened
- Supermarkets/Hypermarkets
- Convenience Stores
- Speciality Stores
- Online
- Others
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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.
Table of Contents
183 Pages
- 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
Pricing
Currency Rates
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