Almond Drinks are extracted from almonds and have a creamy texture and nutty flavor. They do not have lactose, hence it is highly preferred by consumers who are lactose intolerant and individuals avoiding dairy products, including vegan consumers.
Asia Pacific Almond Drinks Market was worth USD xx billion in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2026.
Almond drinks are the most consumed alternative to milk worldwide which has propelled the growth of sales over the recent years. Dietary restrictions might also be playing an important role in the rise of almond drinks in the recent times, as the drinks lack high amount of lactose when compared with milk-based products and traditional milk. They are also rich in protein and contain low amount of calories which helps to reduce the risk of heart disease.
The driving factors of Asia Pacific Almond Drinks market are rising demand for lactose-free food products due to their ease of digestion, increasing incidences of lactose intolerance, growing awareness of customers about lactose-free food products and manufacturers offering various dairy products among others. The key factor propelling the growth of this market is rising incidence of lactose intolerance.
The Asia Pacific Almond Drinks market is segmented based on form, distribution channel, flavor, application and region. The market is divided on the basis of form as plain sweetened form and plain unsweetened form. On the basis of flavour, the market is divided into chocolate and vanilla segments. By distribution channel the market is categorised into supermarket/hypermarket, online stores, retail stores, and others. On the basis of application, the market is divided into desserts, cheese, and snacks and beverages.
The Asia Pacific Almond Drinks market is divided based on geography into India, China, Japan, Australia and other parts of the region. Asia Pacific region has the third largest market in the world by share. It is the fastest growing region in the world for almond drinks market. Factors such as rising incidence of lactose intolerance and increasing awareness about the nutritional benefits offered by almond drinks are expected to propel the market growth in the region.
Some of the major players in the market are Fuerst Day Lawson, The Pressery, THE LUZ ALMOND COMPANY PTY LTD, Alpro, Provamel, MALK Organics, DREAM, Nutriops S,L, NATURA FOODS, Rude Health, Blue Diamond Growers are among others.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Form
5.1.1 Plain Sweetened Form
5.1.2 Plain Unsweetened Form
5.1.3 Y-o-Y Growth Analysis, By Form
5.1.4 Market Attractiveness Analysis, By Form
5.1.5 Market Share Analysis, By Form
5.2 Flavour
5.2.1 Chocolate
5.2.2 Vanilla
5.2.3 Y-o-Y Growth Analysis, By Flavour
5.2.4 Market Attractiveness Analysis, By Flavour
5.2.5 Market Share Analysis, By Flavour
5.3 Distribution Channel
5.3.1 Supermarket/Hypermarket
5.3.2 Online Stores
5.3.3 Retail Stores
5.3.4 Other Distribution Channel
5.3.5 Y-o-Y Growth Analysis, By Distribution Channel
5.3.6 Market Attractiveness Analysis, By Distribution Channel
5.3.7 Market Share Analysis, By Distribution Channel
5.4 Application
5.4.1 Desserts
5.4.2 Cheese
5.4.3 Snacks and Beverages
5.4.4 Y-o-Y Growth Analysis, By Application
5.4.5 Market Attractiveness Analysis, By Application
5.4.6 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Form
6.1.3.2 By Flavour
6.1.3.3 By Distribution Channel
6.1.3.4 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Form
6.1.4.2 By Flavour
6.1.4.3 By Distribution Channel
6.1.4.4 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Form
6.1.5.2 By Flavour
6.1.5.3 By Distribution Channel
6.1.5.4 By Application
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Fuerst Day Lawson
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 The Pressery
8.3 THE LUZ ALMOND COMPANY PTY LTD
8.4 Alpro
8.5 Provamel
8.6 MALK Organics
8.7 DREAM
8.8 Nutriops S,L, NATURA FOODS
8.9 Rude Health
8.10 Blue Diamond Growers
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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Feb 2020
