Cashew Milk Market Seeking Excellent Growth; The Brainy Insights

The Brainy Insights launched a study titled Cashew Milk Market Size by Packaging Type (Pouches, Cartons, Bottles, Jars, and Cans), Product Type (Flavored Cashew Milk and Plane Cashew Milk), Distribution Channel (Hypermarkets/Supermarket, E-Commerce, Convenient Stores, and Specialty Stores) Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2022 to 2030  

The global cashew milk market is expected to grow from USD 103.09 million in 2021 to USD 173.43 million by 2030, at a CAGR of 5.95% during the forecast period 2022-2030. The technological advancements in beverage enterprises and investment in R&D are anticipated to grow the demand for cashew milk. Moreover, the increasing trend of drinking low calories drinks and the high demand for healthy & nutritional products are also helping to drive the market's growth during the forecast period. Further, the ever-increasing alertness about the advantages and raised consumption of flavored cashew milk is also helping to boost the market growth. 

Request a sample copy of this report @ https://www.thebrainyinsights.com/enquiry/sample-request/12893  

The bottle segment led the market to a value of around 27.95 million in 2021.  

The packaging type segment is divided into pouches, cartons, bottles, jars, and cans. The bottle segment led the market to a value of around 27.95 million in 2021. This growth is attributed to increased spending by the customer.  

The flavored cashew milk segment led the market with a value of around 57.92 million in 2021. 

The product type segment is divided into flavored cashew milk and plane cashew milk. The flavored cashew milk segment led the market with a value of around 57.92 million in 2021. This growth is attributed to the increasing disposable income. 

The hypermarkets/supermarket segment led the market with a value of around 31.09 million in 2021. 

The distribution channel segment is divided into hypermarkets/supermarkets, e-commerce, convenient stores, and specialty stores. The hypermarkets/supermarket segment led the market with a value of around 31.09 million in 2021. This growth is attributed to the high number of supermarkets and hypermarkets worldwide.   

Regional Segmentation Analysis:  

The market is analyzed based on five regions: North America, Europe, Asia Pacific, South America, the Middle East, and Africa. The North American region emerged as the most prominent global cashew milk market, with a market value of around 48.79 million in 2021. North America dominates the cashew milk market, and this trend is expected to continue during the forecast period. This growth is attributed to the increasing customer inclination towards the vegan diet. 

Competitive Analysis:  

The major players in the market include Blue Diamond Growers, Alpro, Cashew Dream, Earth’s Own Food Company, Forager Project, Danone SA, Pacific Foods of Oregon LLC, Nutty Life LLC, Provamel, Elmhurst Milked Direct, So Delicious Dairy Free, White Wave Services Inc., SunOpta, Inc., Plenish Cleanse Ltd., and among others.   

About The Brainy Insights: 

The Brainy Insights is a market research company, aimed at providing actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the clients' objectives of high-quality output within a short span of time. We provide both customized (clients' specific) and syndicate reports. Our repository of syndicate reports is diverse across all the categories and sub-categories across domains. Our customized solutions are tailored to meet the clients' requirement whether they are looking to expand or planning to launch a new product in the global market. 

Contact Us 

Avinash D 
Head of Business Development 
Phone: +1-315-215-1633 
Email: sales@thebrainyinsights.com  
Web: http://www.thebrainyinsights.com 

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