Walnut Milk Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Pure Walnut Milk, Mixed Walnut Milk), By Flavors (Original, Chocolate, Vanilla, Unsweetened, Others), By Distribution Channel (Supermarkets/hypermarkets, Specialty Stores, Convenience Stores, Online, Others), By Region & Competition, 2019-2029F

Customization Enquiry

Buy Now

Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 980.35 Million

CAGR (2024-2029)

16.78%

Fastest Growing Segment

Online

Largest Market

North America

Market Size (2029)

USD 2486.52 Million

Market Overview

The global walnut milk market was valued at USD 980.35 Million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 16.78% through 2029. The global walnut milk market has experienced significant growth in recent years, driven by the rising demand for plant-based milk alternatives. Walnut milk, derived from blending walnuts with water and other ingredients, offers a creamy texture and nutty flavor that appeals to a growing segment of health-conscious consumers. As awareness of lactose intolerance and dairy allergies increases, more consumers are turning to non-dairy milk options, boosting the walnut milk market. Additionally, the trend towards veganism and the environmental concerns associated with dairy farming have further propelled the demand for plant-based milk, including walnut milk.

Walnut milk is rich in omega-3 fatty acids, antioxidants, and essential vitamins, making it a popular choice for consumers seeking nutritional benefits. The market is characterized by a diverse range of products, including plain, flavored, and fortified walnut milk variants. Innovations in packaging and extended shelf life have also contributed to the market's expansion. For over thirty years, the California Walnut Commission has championed research into walnuts' health advantages, especially their positive impact on heart health. This body of research has substantiated walnuts' role in cardiovascular wellness, contributing to their recognition by the FDA and the American Heart Association. As the cardiovascular diseases (CVDs) lead the cause of death globally, taking an estimated 17.9 million lives each year., these findings are propelling the global walnut milk market, positioning walnuts as a key component in the pursuit of a healthier lifestyle and diet.

Geographically, North America dominates the walnut milk market due to high consumer awareness and purchasing power. However, the Asia-Pacific region is growing as a viable market, driven by rising health consciousness and disposable incomes.  Major walnut producing countries include China, the United States, Iran, Turkey, and India, which together account for nearly 90% of worldwide production.  E-commerce platforms have played a crucial role in expanding the market reach, offering consumers easy access to a wide variety of walnut milk products. Overall, the global walnut milk market is poised for continued growth, driven by changing dietary preferences, health benefits, and sustainability considerations. Manufacturers are focusing on product innovation and strategic marketing to capture a larger share of the market, addressing the diverse needs and preferences of consumers.

Market Drivers

Rising Health Consciousness and Dietary Preferences

The growing awareness of health and wellness among consumers has significantly impacted the walnut milk market. As people become more informed about the health risks associated with dairy consumption, such as lactose intolerance, allergies, and cholesterol concerns, they are increasingly seeking plant-based alternatives. Rich in omega-3 fatty acids, vitamins, and other nutrients, walnut milk is a wholesome substitute for regular dairy milk. One form of omega-3 fatty acid that is especially good for heart health and cognitive function is alpha-linolenic acid (ALA). health and cognitive function. The trend towards veganism and vegetarianism has spurred the demand for plant-based milk. Consumers who adopt these lifestyles often seek dairy alternatives that align with their ethical and dietary choices. Walnut milk fits this demand perfectly, offering a creamy and flavorful option without animal-derived ingredients. The rise of flexitarian diets, where individuals reduce meat and dairy consumption without fully eliminating them, has also contributed to the increased consumption of walnut milk.

Marketing campaigns highlighting the health benefits of walnut milk have further driven consumer interest. Brands emphasize its nutritional profile, positioning it as a premium, health-oriented product. Social media influencers and nutritionists advocating for plant-based diets have also played a crucial role in popularizing walnut milk. This driver is expected to continue propelling the market as more consumers prioritize health and wellness in their dietary choices.

Environmental and Ethical Considerations

Environmental sustainability and ethical concerns are increasingly influencing consumer purchasing decisions. Dairy farming is associated with significant greenhouse gas emissions, water usage, and land degradation. As environmental awareness grows, many consumers are seeking more sustainable food options. Plant-based milks, including walnut milk, have a lower environmental footprint compared to traditional dairy milk. Walnuts require less water and land to produce, making walnut milk a more sustainable choice. Ethical concerns related to animal welfare in the dairy industry have also driven consumers towards plant-based alternatives. The vegan movement, which emphasizes the avoidance of animal products for ethical reasons, has gained substantial momentum. Walnut milk offers a cruelty-free alternative, appealing to ethically minded consumers who seek to reduce their impact on animal welfare. Brands are capitalizing on these trends by promoting the sustainability and ethical benefits of walnut milk. Packaging often highlights eco-friendly practices, and marketing campaigns emphasize the product's alignment with sustainable living. As environmental and ethical considerations continue to gain importance among consumers, the walnut milk market is likely to see sustained growth driven by these factors.

Product Innovation and Variety

Innovation in product development has been a key driver of the walnut milk market. Manufacturers are continuously exploring new ways to enhance the taste, texture, and nutritional value of walnut milk to cater to diverse consumer preferences. The introduction of flavored walnut milk, such as vanilla, chocolate, and berries, has expanded the product's appeal, attracting consumers who seek variety in their plant-based milk choices. Fortification with additional nutrients, such as calcium, vitamin D, and protein, has also been a significant trend. These fortified products cater to consumers looking for enhanced nutritional benefits, especially those concerned about meeting their dietary requirements without dairy. Innovations in packaging, such as aseptic cartons that extend shelf life without refrigeration, have made walnut milk more convenient for consumers, further boosting its market presence.

The emergence of ready-to-drink walnut milk beverages and blends with other plant-based milks, like almond and cashew, has also diversified the market. These products offer unique flavor profiles and cater to consumers seeking novel and convenient options. Additionally, the rise of e-commerce has facilitated the introduction of niche and artisanal walnut milk brands, providing consumers with a wider range of choices. Product innovation not only attracts new consumers but also encourages brand loyalty among existing customers. As manufacturers continue to invest in research and development, the walnut milk market is expected to benefit from a steady stream of innovative products that meet evolving consumer demands.

Download Free Sample Report

Key Market Challenges

High Production Costs and Pricing

One of the significant challenges facing the walnut milk market is the high cost of production, which translates to higher prices for consumers. Walnuts are relatively expensive compared to other nuts used for plant-based milk, such as almonds and cashews. The cost of sourcing high-quality walnuts, combined with the processing and production expenses, makes walnut milk a premium product. This higher price point can be a barrier to widespread adoption, especially in price-sensitive markets. The production process of walnut milk involves several steps, including soaking, blending, straining, and sometimes fortification, all of which add to the overall cost. Additionally, walnuts are often subject to fluctuations in supply and demand, which can impact pricing. Factors such as weather conditions, crop yields, and global trade policies can influence the availability and cost of walnuts, further contributing to price volatility.

To mitigate these challenges, manufacturers need to explore cost-effective production methods and supply chain efficiencies. However, balancing cost reduction with maintaining product quality is crucial to ensure consumer satisfaction. Developing economies of scale and sourcing strategies can help lower production costs over time. Additionally, targeted marketing and education campaigns can highlight the value and benefits of walnut milk, justifying its premium pricing to consumers.

Limited Consumer Awareness and Perception

Despite the growing popularity of plant-based milks, walnut milk remains relatively less known compared to almond, soy, and oat milk. Limited consumer awareness and perception pose a significant challenge to market growth. Many consumers are unfamiliar with walnut milk's unique benefits and may not consider it as a viable alternative to other plant-based or dairy milk options.

Overcoming this challenge requires robust marketing and educational efforts. Brands need to invest in awareness campaigns that highlight the distinct advantages of walnut milk, such as its rich nutritional profile, creamy texture, and environmental benefits. Collaborations with nutritionists, dietitians, and influencers can help spread awareness and build credibility. Product sampling and in-store promotions can also introduce walnut milk to new consumers, encouraging trial and adoption. Addressing misconceptions about walnut milk is essential. Some consumers may perceive walnut milk as overly expensive or niche. Clear and transparent communication about the product's value, sourcing practices, and health benefits can help reshape consumer perceptions. As awareness and understanding of walnut milk grows, it is likely to gain a stronger foothold in the competitive plant-based milk market.

Regulatory and Labeling Challenges

Navigating regulatory and labeling requirements poses another challenge for the walnut milk market. Different countries have varying regulations regarding the production, labeling, and marketing of plant-based milk products. Compliance with these regulations can be complex and resource-intensive, especially for smaller and emerging brands. For instance, some regions have specific labeling standards that dictate how plant-based milks can be described and marketed. Terms like "milk" may be restricted, requiring alternative labels such as "walnut beverage" or "walnut drink." These regulations aim to prevent consumer confusion but can complicate marketing efforts. Ensuring compliance with food safety standards, allergen labeling, and nutritional claims is also crucial to avoid legal issues and build consumer trust.

Regulatory changes and updates can impact market dynamics. Companies need to keep up with changing legal requirements so they may modify their marketing and labelling tactics appropriately. Interacting with regulatory agencies and industry associations can offer insightful advice and helpful assistance in overcoming these obstacles. Transparent and accurate labeling, along with clear communication of product benefits, can help build consumer confidence and drive market growth.

Key Market Trends

Growing Lactose Intolerance and Dairy Allergies

As the global incidence of lactose intolerance and dairy allergies increases, many individuals seek alternative sources of nutrition that align with their dietary needs. A viable alternative is walnut milk, which has a nutrient-rich profile with important vitamins, minerals, and fatty acids. Unlike dairy milk, walnut milk is naturally lactose-free and does not trigger the allergic reactions associated with dairy. Its creamy texture and subtle nutty flavor make it a versatile ingredient in various culinary applications, from baking to beverage-making. Moreover, walnut milk is a sustainable choice, as walnut trees are known for their long life and ability to thrive in diverse climates, contributing to ecological balance. For those looking to reduce their environmental footprint and support sustainable agriculture, walnut milk stands out as an eco-friendly option. In summary, walnut milk is not only a viable alternative for those with dietary restrictions but also an avenue for promoting environmental sustainability and a diversified approach to nutrition.

Premiumization

Consumers are becoming more discerning about the quality of the products they purchase. This shift is driven by a desire for better nutrition, superior taste, and ethical production practices. Premium walnut milk products often feature organic ingredients, non-GMO certifications, and minimal processing, all of which appeal to health-conscious consumers. The higher price point of these products reflects their perceived value, allowing manufacturers to differentiate themselves in a competitive market. 

Clean Label Demand

Products with clean labels free of artificial additives, preservatives, and genetically modified organisms (GMOs) are becoming more and more popular. Customers are choosing items with straightforward, identifiable constituents over those with lengthy ingredient lists. Since walnut milk is usually produced with just a few natural ingredients water, walnuts, and occasionally natural flavors or sweeteners it fits right into this trend. Customers who are looking for purity and transparency in the foods and beverages they choose will find this simplicity appealing.

Marketing and Consumer Perception

Brands are leveraging sustainability and ethical sourcing as key marketing points. By promoting their commitment to the environment and social responsibility, they can differentiate themselves in a crowded market and build stronger connections with conscious consumers. Storytelling around the origins of their ingredients, the farmers they work with, and their environmental initiatives helps to build brand loyalty and trust.

Segmental Insights

Type Insights

In the global walnut milk market, pure walnut milk currently stand as the leading category compared to mixed walnut milk. Pure walnut milk is perceived as a more wholesome and nutritious option. It is rich in omega-3 fatty acids, antioxidants, vitamins, and minerals, which are highly valued by health-conscious consumers. The absence of other ingredients ensures that consumers receive the full nutritional benefits of walnuts. As part of the clean label trend, consumers are increasingly seeking products with simple, recognizable ingredients. Pure walnut milk, typically made from just walnuts and water (and sometimes a natural sweetener), aligns perfectly with this demand for transparency and simplicity in food and beverage choices. Pure walnut milk caters to individuals with allergies or intolerances to other nuts or grains that might be included in mixed walnut milk formulations. This broadens its appeal to a wider consumer base looking for a safe, allergen-free dairy alternative. Many consumers prefer the authentic taste of pure walnut milk, which allows them to fully appreciate the distinct, slightly earthy flavor of walnuts. This preference for authenticity extends to the broader trend of seeking unadulterated, natural products.



Download Free Sample Report

Regional Insights

North America stand out as the leading region in the global walnut milk market. North American consumers are increasingly health-conscious, prioritizing nutrition and wellness in their dietary choices. The region has seen a significant rise in demand for plant-based and non-dairy milk alternatives due to growing concerns about lactose intolerance, dairy allergies, and the health impacts of animal-based products. Walnut milk, which is high in omega-3 fatty acids, antioxidants, and important nutrients, fits well with these health trends. The trend towards plant-based diets and veganism is especially strong in North America. Ethical, environmental, and health concerns drive this tendency. Walnut milk, rich in omega-3 fatty acids, antioxidants, and essential nutrients, aligns well with these health trends. The shift towards plant-based diets and veganism is particularly strong in North America. This trend is driven by ethical, environmental, and health considerations. Walnut milk provides an attractive option for those seeking to avoid animal products while still enjoying a nutritious and flavorful milk alternative. The well-developed retail infrastructure in North America, including supermarkets, health food stores, and online platforms, ensures wide availability and easy access to walnut milk products. The presence of major retail chains and the growth of e-commerce have facilitated the distribution and promotion of walnut milk across the region. The North American walnut milk market thrives due to high health awareness, the popularity of plant-based diets, innovation, strong retail networks, consumer willingness to pay premium prices, and robust marketing efforts. These drivers collectively position North America as the leading region in the global walnut milk market.

Recent Developments

  • In  2024, Elmhurst 1925 has launched a new line of plant-based Multi-Serve Lattes, available in four flavors: Pistachio Crème, Maple Walnut, Caramel Cashew, and Brown Sugar Oat. These lattes are made with Elmhurst's clean-label plant milks and premium Arabica cold brew, offering a creamy and flavorful coffee shop experience at home with less sugar and fewer ingredients than typical dairy-based options. 
  • In 2023, Taiwan’s Food Industry Research and Development Institute (FIRDI) has established a Plant Milk Research and Development Center in partnership with the beverage company Ai Zhi Wei , which a wide range of cold teas and oat, peanut and walnut milk dairy products. The partnership aims to develop innovative and nutritious plant-based milk products, as Taiwan aims to capitalize on the growing global demand for plant-based milk alternatives.

Key Market Players

  • Borges International Group SLU 
  • Grenera Nutrients Pvt Ltd
  • Elmhurst Milked Direct, LLC
  • Chengde Lulu Co., Ltd. 
  • Hebei Yangyuan Zhihui Beverage Co., Ltd.
  • Inner Mongolia Yili Industrial Group Co., Ltd.
  • Mariani Nut Company
  • RITA Food and Drink Co. Ltd.
  • Simple Foods Co. Ltd.
  • The Red Honey Group

By Type

By Flavors

By Distribution Channel

By Region
  • Pure Walnut Milk
  • Mixed Walnut Milk

 
  • Original
  • Chocolate
  • Vanilla
  • Unsweetened
  • Others
  • Supermarkets/hypermarkets
  • Specialty Stores
  • Convenience Stores
  • Online
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the global walnut milk market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •  Walnut Milk Market, By Type:

o   Pure Walnut Milk

o   Mixed Walnut Milk

  •             Walnut Milk Market, By Flavors:

o   Original

o   Chocolate

o   Vanilla

o   Unsweetened

o   Others

  •          Walnut Milk Market, By Distribution Channel:

o   Supermarkets/hypermarkets

o   Specialty stores

o   Convenience Stores

o   Online

o    Others  

  •           Walnut Milk Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  Germany

§  Spain

§  Italy

§  United Kingdom

o   Asia-Pacific

§  China

§  Japan

§  India

§  Vietnam

§  South Korea

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

§  Kuwait

§  Egypt

o   South America

§  Brazil

§  Argentina

§  Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the global walnut milk market.

Available Customizations:

Global walnut milk market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Walnut Milk Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer

4.1.  Factors Influencing Purchase Decision

4.2.  Sources of Information

5.    Global Walnut Milk Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type Market Share Analysis (Pure Walnut Milk, Mixed Walnut Milk)

5.2.2.    By Flavors Market Share Analysis (Original, Chocolate, Vanilla, Unsweetened, Others)

5.2.3.    By Distribution Channel Market Share Analysis (Supermarkets/hypermarkets, Specialty Stores, Convenience Stores, Online, Others)

5.2.4.    By Regional Market Share Analysis

5.2.4.1.        North America Market Share Analysis

5.2.4.2.        Europe Market Share Analysis

5.2.4.3.        Asia-Pacific Market Share Analysis

5.2.4.4.        Middle East & Africa Market Share Analysis

5.2.4.5.        South America Market Share Analysis

5.2.5.    By Top 5 Companies Market Share Analysis, Others (2023)

5.3.  Global Walnut Milk Market Mapping & Opportunity Assessment

5.3.1.    By Type Market Mapping & Opportunity Assessment

5.3.2.    By Flavors Market Mapping & Opportunity Assessment

5.3.3.    By Distribution Channel Market Mapping & Opportunity Assessment

5.3.4.    By Regional Market Mapping & Opportunity Assessment

6.    North America Walnut Milk Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type Market Share Analysis

6.2.2.    By Flavors Market Share Analysis

6.2.3.    By Distribution Channel Market Share Analysis

6.2.4.    By Country Market Share Analysis

6.2.4.1.        United States Walnut Milk Market Outlook

6.2.4.1.1.           Market Size & Forecast

6.2.4.1.1.1.               By Value

6.2.4.1.2.           Market Share & Forecast

6.2.4.1.2.1.               By Type Market Share Analysis

6.2.4.1.2.2.               By Flavors Market Share Analysis

6.2.4.1.2.3.               By Distribution Channel Market Share Analysis

6.2.4.2.        Canada Walnut Milk Market Outlook

6.2.4.2.1.           Market Size & Forecast

6.2.4.2.1.1.               By Value

6.2.4.2.2.           Market Share & Forecast

6.2.4.2.2.1.               By Type Market Share Analysis

6.2.4.2.2.2.               By Flavors Market Share Analysis

6.2.4.2.2.3.               By Distribution Channel Market Share Analysis

6.2.4.3.        Mexico Walnut Milk Market Outlook

6.2.4.3.1.           Market Size & Forecast

6.2.4.3.1.1.               By Value

6.2.4.3.2.           Market Share & Forecast

6.2.4.3.2.1.               By Type Market Share Analysis

6.2.4.3.2.2.               By Flavors Market Share Analysis

6.2.4.3.2.3.               By Distribution Channel Market Share Analysis

7.    Europe Walnut Milk Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type Market Share Analysis

7.2.2.    By Flavors Market Share Analysis

7.2.3.    By Distribution Channel Market Share Analysis

7.2.4.    By Country Market Share Analysis

7.2.4.1.        France Walnut Milk Market Outlook

7.2.4.1.1.           Market Size & Forecast

7.2.4.1.1.1.               By Value

7.2.4.1.2.           Market Share & Forecast

7.2.4.1.2.1.               By Type Market Share Analysis

7.2.4.1.2.2.               By Flavors Market Share Analysis

7.2.4.1.2.3.               By Distribution Channel Market Share Analysis

7.2.4.2.        Germany Walnut Milk Market Outlook

7.2.4.2.1.           Market Size & Forecast

7.2.4.2.1.1.               By Value

7.2.4.2.2.           Market Share & Forecast

7.2.4.2.2.1.               By Type Market Share Analysis

7.2.4.2.2.2.               By Flavors Market Share Analysis

7.2.4.2.2.3.               By Distribution Channel Market Share Analysis

7.2.4.3.        Spain Walnut Milk Market Outlook

7.2.4.3.1.           Market Size & Forecast

7.2.4.3.1.1.               By Value

7.2.4.3.2.           Market Share & Forecast

7.2.4.3.2.1.               By Type Market Share Analysis

7.2.4.3.2.2.               By Flavors Market Share Analysis

7.2.4.3.2.3.               By Distribution Channel Market Share Analysis

7.2.4.4.        Italy Walnut Milk Market Outlook

7.2.4.4.1.           Market Size & Forecast

7.2.4.4.1.1.               By Value

7.2.4.4.2.           Market Share & Forecast

7.2.4.4.2.1.               By Type Market Share Analysis

7.2.4.4.2.2.               By Flavors Market Share Analysis

7.2.4.4.2.3.               By Distribution Channel Market Share Analysis

7.2.4.5.        United Kingdom Walnut Milk Market Outlook

7.2.4.5.1.           Market Size & Forecast

7.2.4.5.1.1.               By Value

7.2.4.5.2.           Market Share & Forecast

7.2.4.5.2.1.               By Type Market Share Analysis

7.2.4.5.2.2.               By Flavors Market Share Analysis

7.2.4.5.2.3.               By Distribution Channel Market Share Analysis

8.    Asia-Pacific Walnut Milk Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type Market Share Analysis

8.2.2.    By Flavors Market Share Analysis

8.2.3.    By Distribution Channel Market Share Analysis

8.2.4.    By Country Market Share Analysis

8.2.4.1.        China Walnut Milk Market Outlook

8.2.4.1.1.           Market Size & Forecast

8.2.4.1.1.1.               By Value

8.2.4.1.2.           Market Share & Forecast

8.2.4.1.2.1.               By Type Market Share Analysis

8.2.4.1.2.2.               By Flavors Market Share Analysis

8.2.4.1.2.3.               By Distribution Channel Market Share Analysis

8.2.4.2.        Japan Walnut Milk Market Outlook

8.2.4.2.1.           Market Size & Forecast

8.2.4.2.1.1.               By Value

8.2.4.2.2.           Market Share & Forecast

8.2.4.2.2.1.               By Type Market Share Analysis

8.2.4.2.2.2.               By Flavors Market Share Analysis

8.2.4.2.2.3.               By Distribution Channel Market Share Analysis

8.2.4.3.        India Walnut Milk Market Outlook

8.2.4.3.1.           Market Size & Forecast

8.2.4.3.1.1.               By Value

8.2.4.3.2.           Market Share & Forecast

8.2.4.3.2.1.               By Type Market Share Analysis

8.2.4.3.2.2.               By Flavors Market Share Analysis

8.2.4.3.2.3.               By Distribution Channel Market Share Analysis

8.2.4.4.        Vietnam Walnut Milk Market Outlook

8.2.4.4.1.           Market Size & Forecast

8.2.4.4.1.1.               By Value

8.2.4.4.2.           Market Share & Forecast

8.2.4.4.2.1.               By Type Market Share Analysis

8.2.4.4.2.2.               By Flavors Market Share Analysis

8.2.4.4.2.3.               By Distribution Channel Market Share Analysis

8.2.4.5.        South Korea Walnut Milk Market Outlook

8.2.4.5.1.           Market Size & Forecast

8.2.4.5.1.1.               By Value

8.2.4.5.2.           Market Share & Forecast

8.2.4.5.2.1.               By Type Market Share Analysis

8.2.4.5.2.2.               By Flavors Market Share Analysis

8.2.4.5.2.3.               By Distribution Channel Market Share Analysis

9.    Middle East & Africa Walnut Milk Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type Market Share Analysis

9.2.2.    By Flavors Market Share Analysis

9.2.3.    By Distribution Channel Market Share Analysis

9.2.4.    By Country Market Share Analysis

9.2.4.1.        South Africa Walnut Milk Market Outlook

9.2.4.1.1.           Market Size & Forecast

9.2.4.1.1.1.               By Value

9.2.4.1.2.           Market Share & Forecast

9.2.4.1.2.1.               By Type Market Share Analysis

9.2.4.1.2.2.               By Flavors Market Share Analysis

9.2.4.1.2.3.               By Distribution Channel Market Share Analysis

9.2.4.2.        Saudi Arabia Walnut Milk Market Outlook

9.2.4.2.1.           Market Size & Forecast

9.2.4.2.1.1.               By Value

9.2.4.2.2.           Market Share & Forecast

9.2.4.2.2.1.               By Type Market Share Analysis

9.2.4.2.2.2.               By Flavors Market Share Analysis

9.2.4.2.2.3.               By Distribution Channel Market Share Analysis

9.2.4.3.        UAE Walnut Milk Market Outlook

9.2.4.3.1.           Market Size & Forecast

9.2.4.3.1.1.               By Value

9.2.4.3.2.           Market Share & Forecast

9.2.4.3.2.1.               By Type Market Share Analysis

9.2.4.3.2.2.               By Flavors Market Share Analysis

9.2.4.3.2.3.               By Distribution Channel Market Share Analysis

9.2.4.4.        Turkey Walnut Milk Market Outlook

9.2.4.4.1.           Market Size & Forecast

9.2.4.4.1.1.               By Value

9.2.4.4.2.           Market Share & Forecast

9.2.4.4.2.1.               By Type Market Share Analysis

9.2.4.4.2.2.               By Flavors Market Share Analysis

9.2.4.4.2.3.               By Distribution Channel Market Share Analysis

9.2.4.5.        Kuwait Walnut Milk Market Outlook

9.2.4.5.1.           Market Size & Forecast

9.2.4.5.1.1.               By Value

9.2.4.5.2.           Market Share & Forecast

9.2.4.5.2.1.               By Type Market Share Analysis

9.2.4.5.2.2.               By Flavors Market Share Analysis

9.2.4.5.2.3.               By Distribution Channel Market Share Analysis

9.2.4.6.        Egypt Walnut Milk Market Outlook

9.2.4.6.1.           Market Size & Forecast

9.2.4.6.1.1.               By Value

9.2.4.6.2.           Market Share & Forecast

9.2.4.6.2.1.               By Type Market Share Analysis

9.2.4.6.2.2.               By Flavors Market Share Analysis

9.2.4.6.2.3.               By Distribution Channel Market Share Analysis

10. South America Walnut Milk Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Type Market Share Analysis

10.2.2. By Flavors Market Share Analysis

10.2.3. By Distribution Channel Market Share Analysis

10.2.4. By Country Market Share Analysis

10.2.4.1.     Brazil Walnut Milk Market Outlook

10.2.4.1.1.         Market Size & Forecast

10.2.4.1.1.1.            By Value

10.2.4.1.2.         Market Share & Forecast

10.2.4.1.2.1.            By Type Market Share Analysis

10.2.4.1.2.2.            By Flavors Market Share Analysis

10.2.4.1.2.3.            By Distribution Channel Market Share Analysis

10.2.4.2.     Argentina Walnut Milk Market Outlook

10.2.4.2.1.         Market Size & Forecast

10.2.4.2.1.1.            By Value

10.2.4.2.2.         Market Share & Forecast

10.2.4.2.2.1.            By Type Market Share Analysis

10.2.4.2.2.2.            By Flavors Market Share Analysis

10.2.4.2.2.3.            By Distribution Channel Market Share Analysis

10.2.4.3.     Colombia Walnut Milk Market Outlook

10.2.4.3.1.         Market Size & Forecast

10.2.4.3.1.1.            By Value

10.2.4.3.2.         Market Share & Forecast

10.2.4.3.2.1.            By Type Market Share Analysis

10.2.4.3.2.2.            By Flavors Market Share Analysis

10.2.4.3.2.3.            By Distribution Channel Market Share Analysis

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Impact of COVID-19 on Global Walnut Milk Market

12.1.             Impact Assessment Model   

12.1.1. Key Segments Impacted

12.1.2. Key Regions Impacted

12.1.3. Key Countries Impacted

13. Market Trends & Developments

14. Competitive Landscape

14.1.             Company Profiles

14.1.1. Borges International Group SLU

14.1.1.1.     Company Details

14.1.1.2.     Products

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Key Market Focus & Geographical Presence

14.1.1.5.     Recent Developments

14.1.1.6.     Key Management Personnel

14.1.2. Grenera Nutrients Pvt Ltd

14.1.2.1.     Company Details

14.1.2.2.     Products

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Key Market Focus & Geographical Presence

14.1.2.5.     Recent Developments

14.1.2.6.     Key Management Personnel

14.1.3. Elmhurst Milked Direct, LLC

14.1.3.1.     Company Details

14.1.3.2.     Products

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Key Market Focus & Geographical Presence

14.1.3.5.     Recent Developments

14.1.3.6.     Key Management Personnel

14.1.4. Chengde Lulu Co., Ltd.

14.1.4.1.     Company Details

14.1.4.2.     Products

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Key Market Focus & Geographical Presence

14.1.4.5.     Recent Developments

14.1.4.6.     Key Management Personnel

14.1.5.  Hebei Yangyuan Zhihui Beverage Co., Ltd.

14.1.5.1.     Company Details

14.1.5.2.     Products

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Key Market Focus & Geographical Presence

14.1.5.5.     Recent Developments

14.1.5.6.     Key Management Personnel

14.1.6. Inner Mongolia Yili Industrial Group Co., Ltd.

14.1.6.1.     Company Details

14.1.6.2.     Products

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Key Market Focus & Geographical Presence

14.1.6.5.     Recent Developments

14.1.6.6.     Key Management Personnel

14.1.7. Mariani Nut Company

14.1.7.1.     Company Details

14.1.7.2.     Products

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Key Market Focus & Geographical Presence

14.1.7.5.     Recent Developments

14.1.7.6.     Key Management Personnel

14.1.8. RITA Food and Drink Co. Ltd.

14.1.8.1.     Company Details

14.1.8.2.     Products

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Key Market Focus & Geographical Presence

14.1.8.5.     Recent Developments

14.1.8.6.     Key Management Personnel

14.1.9. Simple Foods Co. Ltd.

14.1.9.1.     Company Details

14.1.9.2.     Products

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Key Market Focus & Geographical Presence

14.1.9.5.     Recent Developments

14.1.9.6.     Key Management Personnel

14.1.10.              The Red Honey Group

14.1.10.1.  Company Details

14.1.10.2.  Products

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Key Market Focus & Geographical Presence

14.1.10.5.  Recent Developments

14.1.10.6.  Key Management Personnel

15. Strategic Recommendations/Action Plan

15.1.             Key Focus Areas

15.2.             Target Type

15.3.             Target Distribution Channel

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

down-arrow

The market size of the global walnut milk market was estimated to be USD 980.35 Million in 2023

down-arrow

The major drivers for the global walnut milk market include the growing awareness of health and wellness among consumers, environmental sustainability and ethical concerns, innovation in product development. These factors collectively contribute to the market's dynamic growth and appeal to diverse end consumers.

down-arrow

Major trends in the global walnut milk market includes growing lactose intolerance and dairy allergies, premiumization, clean label products, marketing and consumer perception, focus on sustainability and eco-friendly packaging, expansion of e-commerce and online retail platforms. These trends reflect evolving consumer preferences and industry responses to create distinct and appealing offerings.

down-arrow

Major challenges for the global walnut milk market encompass the high cost of production. limited consumer awareness and perception, understanding these challenges is critical for stakeholders to strategize effectively and ensure long-term growth in this competitive market.

Related Reports

profile

Parvati Sharma

Account Manager BD
Press Release

Osseointegration Implants Market to Grow at CAGR of 7.34% through 2029

Oct, 2024

Rising demand for minimally invasive procedures and the growing awareness of the benefits of osseointegration is expected to drive the Global Osseointegration Implants Market growth in the forecast p

Why Choose Us