The Nut-Based Milk Market is forecasted to grow at CAGR of 12.9% with factors such as abundant availability of raw material across the world is propelling the growth of the MENA nut-based milk market.
The factors driving the growth of the nut-based milk market are changing dietary lifestyle of Middle Eastern and North African consumers, growing number of vegan population in region, Increase in number of lactose intolerant people up to 65% of people in the region, growing awareness among the consumers about the various nutrition benefits offered by nut-based milk, abundant availability of raw material. The factors which are restraining the growth of the nut-based milk market are high prices of nut-based milk in comparison to animal-based milk, environmental impact of cultivating tree nuts.
Nut-Based Milk Market Scenario
According to Data Bridge Market Research, the market for nut-based milk in Middle East has the highest market share followed by North Africa. Market leader is DANONE which accounts an estimated market share of approximately 55.00% to 59.00%. In recent time, DANONE is playing major role by providing nut-based milk in market and helping various food, feed and others manufacturers to fulfil consumer need in food sector.
- In 2019, DANONE has opened a new building at the company’s DuBois, Pennsylvania facility to increase production of its plant-based foods to meet growing consumer demand. This multi-million-dollar investment to expand the company’s capacity in DuBois grows the largest production facility.
Trends impacting the MENA Market
Now the question is which other regions DANONE, Blue Diamond Growers and CSC BRANDS, L.P. are targeting? Data Bridge Market Research has estimated a large growth in Middle East nut-based milk market and the market leaders targeting North Africa to be their next revenue pockets for 2021.
The nut-based milk market is becoming more competitive every year with companies such as DANONE, Blue Diamond Growers and CSC BRANDS, L.P. for nut-based milk. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the nut-based milk market.
For more analysis on the nut-based milk market request for a briefing with our analysts https://www.databridgemarketresearch.com/ko/speak-to-analyst/?dbmr=mena-nut-based-milk-market
Nut-Based Milk Market Development
- In November 2020, SunOpta Reveals to invest USD 26.00 million in Minnesota-based oat processing facility. This expansion will allow company to Quadruple production and will help to meet the growing demand for oat milk in the U.S.
Scope of the Nut-Based Milk Market
MENA nut-based milk market is segmented on the basis of countries into the UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman, Rest of the Middle East, Egypt, Algeria, Morocco, Libya, Rest of North Africa.
- All analysis of the nut-based milk market is further analyzed based on maximum granularity into further segmentation. On the basis of category, the nut-based milk market is segmented into organic and inorganic. On the basis of nut milk type, the nut-based milk market is segmented into almond milk, coconut milk, cashew milk, walnut milk, hazelnut milk and others. On the basis of packaging, the nut-based milk market is segmented into sachets, tetra pak, bottles and others. On the basis of packaging size, the nut-based milk market is segmented into above 1000 ml, 501 to 1000 ml, 251 to 500 ml, 110 to 250 ml and others. On the basis of flavors, the nut-based milk market is segmented into original, vanilla, chocolate, honey, coffee and others. On the basis of formulations, the nut-based milk market is segmented into sweetened and unsweetened. On the basis of end user, the nut-based milk market is segmented into restaurants, hotels & bars, café, catering and household. On the basis of distribution channel, the nut-based milk market is segmented into store-based retailing and online/e-commerce.
To know more about the study https://www.databridgemarketresearch.com/ko/reports/mena-nut-based-milk-market
Key Pointers Covered in the Nut-Based Milk Market Industry Trends and Forecast to 2025
- Market Size
- Market Regulatory Framework and Changes
- Recent Developments for Market Competitors
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
- Market Supply Chain Competiveness
Key Market Competitors Covered in the Report
- Blue Diamond Growers
- SunOpta
- DANONE
- Koita
- Califia Farms, LLC
- Elmhurst Milked Direct LLC
- Australia's Own
- Hain Celestial
- Fuel
- Glow
- CSC BRANDS, L.P.
- Tayyiba Farms
- Sanitarium
- Pureharvest
Above are the key players covered in the report, to know about more and exhaustive list of nut-based milk companies’, contact us https://www.databridgemarketresearch.com/ko/toc/?dbmr=mena-nut-based-milk-market
Research Methodology: MENA Nut-Based Milk Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Government Fleets, Personal Consumers, Researchers, Food & Feed Specialists and Others
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence and Regulatory Affairs Managers among others.
Related Reports
- Global Nut Ingredients Market – Industry Trends and Forecast to 2026
- Global Nutritional Beverages Market – Industry Trends and Forecast to 2027
Browse in Food and Beverage Category Related Reports@ https://www.databridgemarketresearch.com/ko/report-category/food-beverage/
