Middle East And Africa Almond Drinks Market Research Report – Segmented By Form (Plain Sweetened Form And Plain Unsweetened Form), Flavor (Chocolate And Vanilla), Distribution Channel (Supermarket/Hypermarket, Online Stores, Retail Stores And Other Distribution Channel), Application (Desserts, Cheese And Snacks And Beverages), And Country (KSA, UAE, Israel, Rest Of GCC Countries, South Africa, Ethiopia, Kenya, Egypt, Sudan And Rest Of Mea) – Industry Analysis On Size, Share, Trends, Covid-19 Impact & Growth Forecast (2024 To 2029)

Updated On: January, 2024
ID: 3866
Pages: 145

Middle East and Africa Almond Drinks Market Size (2024 to 2029)

The size of the Middle East and Africa almond drinks market is expected to be worth USD 0.36 billion in 2024 and grow at a CAGR of 12.48% from 2024 to 2029 to achieve USD 0.65 billion by 2029. 

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.

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 recent times, as the drinks lack a high amount of lactose when compared with milk-based products and traditional milk. They are also rich in protein and contain low amounts of calories, which helps to reduce the risk of heart disease. 

The driving factors of the Middle East and Africa 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 the rising incidence of lactose intolerance.

This research report on the Middle East and Africa Almond Drinks Market is segmented and sub-segmented into the following categories.

Middle East and Africa Almond Drinks Market - By Form:

  • Plain sweetened form
  • Plain unsweetened form

Middle East and Africa Almond Drinks Market - By Distribution Channel:

  • Supermarket/hypermarket
  • Online stores
  • Retail stores
  • Others

Middle East and Africa Almond Drinks Market - By Flavor:

  • Chocolate
  • Vanilla segments

Middle East and Africa Almond Drinks Market - By Application:

  • Desserts
  • Cheese
  • Snacks and Beverages

Middle East and Africa Almond Drinks Market - By Region:

  • KSA
  • UAE
  • Israel
  • Rest of the GCC countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • Rest of MEA

Factors such as the 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.

KEY MARKET PLAYERS:

Major Key Players in the MEA Almond Drinks 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, and Blue Diamond Growers.

 

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Frequently Asked Questions

1. What factors are driving the growth of almond drinks in the MEA region?

The growth of almond drinks in the MEA region can be attributed to several factors, including the increasing adoption of plant-based diets, rising awareness about lactose intolerance and dairy allergies, health consciousness among consumers, and the availability of various flavors and formulations in almond-based products.

2. What are the main challenges facing the almond drinks market in the MEA region?

The almond drinks market in the MEA region faces challenges, including competition from other plant-based milk alternatives, regulatory issues related to labeling and marketing, fluctuations in almond prices, and the need for continuous product innovation to meet consumer expectations.

3. What is the outlook for the almond drinks market in the MEA region?

The outlook for the almond drinks market in the MEA region is positive. Continued growth is expected due to consumer trends favoring plant-based products, increased product innovation, expanding distribution channels, and a growing focus on health and wellness across demographics.

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