U.S. Nut-Based Milk Market is forecasted to grow with significant CAGR owing to factor such as technological advancements in the manufacturing sector. Growth of plant based milk in retail space in comparison to animal based milk is a major driver for growth of U.S. nut-based milk market. High prices of nut-based milk in comparison to animal-based milk are acting as major restraint to the market.
U.S. Nut-Based Milk Market Scenario
According to Data Bridge Market Research, market leader is Danone, which accounts an estimated market share of approximately 50% to 55%. The company has gained outstanding sales through their businesses of equipment, services and automation system and software. The market is witnessing continuous product integration and expanding their business in the market.
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.
Trends Impacting the U.S. Nut-Based Milk Market
The nut-based milk market is becoming more competitive every year with companies such as Danone, Blue Diamond Grower and Califia Farms are the market leaders for nut-based milk. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the U.S. nut-based milk market.
For more analysis on the U.S. nut-based milk market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=us-nut-based-milk-market
U.S. Nut-Based Milk Market Development
- In January 2020, Califia Farm raised the investment of USD 225 million in funding, led by Qatar Investment Authority (QIA). With this investment the company focuses on becoming the market leader in the plant-based dairy segment.
Scope of the U.S. Nut-Based Milk Market
- On the basis of category, U.S. nut-based milk market is segmented into organic and inorganic. On the basis of nut milk type, U.S. nut-based milk market is segmented into almond milk, coconut milk, cashew milk, walnut milk, hazelnut milk and others. On the basis of packaging, U.S. nut-based milk market is segmented into sachets, tetra pak, bottles and others. On the basis of packaging size, U.S. nut-based milk market is segmented into above 1000 ML, 501 to 1000 ML, 250 to 500 ML, 110 to 250 ML and others. On the basis of flavours, U.S. nut-based milk market is segmented into original, vanilla, chocolate, honey, coffee and others. On the basis of formulations, U.S. nut-based milk market is segmented into sweetened and unsweetened. On the basis of end user, U.S. nut-based milk market is segmented into restaurants, hotels & bars, café, catering and household. On the basis of distribution channel, U.S. nut-based milk market is segmented into store-based retailing and online/e-commerce.
Key Pointers Covered in U.S. Nut-Based Milk market Industry Trends and Forecast to 2025
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
Key Market Competitors Covered in the Report
- Blue Diamond Growers
- Danone
- Califa Farm
- Sunopta
- Hain Celestial (Dream)
- PACIFIC FOODS OF OREGON, LLC
- REBBL
- Bolthouse Farms, Inc.
- Elmhurst
- Forager Project
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/toc/?dbmr=us-nut-based-milk-market
Research Methodology: U.S. 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: Industrial Experts, Product Engineers, Warehouse Managers and Cargo Operators among others
- Supply Side: Original Equipment Manufacturers, Exporter, Distributors, Wholesaler and Retailer among others.
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