MENA Nut-Based Milk Market is expected to grow with the CAGR of 12.9% in the forecast period of 2020 to 2025. The years considered for study are as mentioned below.
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MENA nut-based milk market is a highly consolidated market which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in MENA nut-based milk market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, In March 2020, So Delicious Dairy Free, a subsidiary of DANONE has launched new Pairings Coconut milk Yogurt Alternatives, a pair-fectly delicious combination of coconut yogurt alternative and carefully curated delectable toppings, giving yogurt lovers a whole new way to be delighted.
DANONE is the dominating player in MENA nut-based milk market. The other key players existing in the nut-based milk market includes Blue Diamond Growers, SunOpta, Koita, Califia Farms, LLC, Elmhurst Milked Direct LLC, Australia's Own, Hain Celestial, Fuel, Glow, CSC BRANDS, L.P., Tayyiba Farms, Sanitarium, Pureharvest among others.
DANONE is headquartered in Paris, France was founded in 1919. The company is engaged in outgrowing development nut-based milk industry on a worldwide scale. The company provides has various brand categories that silk, so delicious, activia, danonino, vega, alpro out of which silk, so delicious is market focused brand categories.
For instance,
- In January 2020, DANONE, a leading food & beverage company and the world’s largest Certified B Corp, announced its partnership with rePlant Capital, a financial services firm dedicated to reversing climate change. As company that is passionate about climate activism, this initiative has enriched the soil performance, enhance ecosystem and increase biodiversity and fulfils the company’s mission towards climate change.
The company has presence across the globe in Europe, Americas, Africa and Middle East, Asia-Pacific.
Blue Diamond Growers:
Blue Diamond Growers is headquartered in California, U.S. and was founded in 1910. The company is engaged in commercializing of classic snack almonds, crafted snack almonds, almond breeze, nut-thins, baking ingredients and protein and almond breeze is the market focused business segment.
For instance,
- In May 2020, Blue Diamond Growers expanded their import from China. Under phase 1 trade agreement of the United States Department of Agriculture (USDA) and United States Trade Representative (USTR), announced that china has expanded the number of speciality crops it imports from the U.S., including a number of Californian grown crops, on behalf of Blue Diamond’s. Blue Diamond is grateful to both USTR and United States Department of Agriculture (USDA) for their efforts to maintain and expand this important trade agreement and this development has helped the company to grow in the market.
The company has wide global presence across Americas, Europe, Asia-Pacific, Middle East and Africa.
CSC BRANDS, L.P.:
CSC BRANDS, L.P. is headquartered in Camden, New Jersey and was founded in year 1869. The company is engaged in manufacturing and commercializing of wide range of nut-based milk products across the world. The company offers wide range of product categories such as campbell soup company, cape cod chips, snyder's-lance, inc., pepperidge farm, incorporated, kettle foods, inc., lance, late july snacks, LLC, pepperidge farm incorporated, CSC brands LP, pacific foods of oregon, Llc, pepperidge farm incorporated, plum, PBC, pop secret, prego, pretzel crisps, snyder's of hanover, swanson, V8 and well yes and campbell soup company is market focused category.
The company has wide global presence across the world as North America, South America, Europe and Asia-Pacific.