Leading Almond Milk Country Markets Databank
The Almond Milk market was valued at $6,650.0 Million in 2020, and is projected to reach $8,192.6 Million by 2029 growing at a CAGR of 2.38% from 2021 to 2029. North America is expected to be the highest contributor to this market, with $2,766.4 Million in 2020, and is anticipated to reach $3,399.3 Million by 2029, registering a CAGR of 2.35%. Asia-Pacific is anticipated to reach $1,885.4 Million by 2029 with the highest CAGR of 3.21%. North America and Europe collectively expected to account for about 68.9% share of the Almond Milk market in 2020, with the former constituting around 41.6% share. Asia-Pacific and North America are expected to witness significant growth rates at a CAGR of 3.21% and 2.35% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 63.0% in the overall Almond Milk market in 2020, and is anticipated to reach 64.5% by 2029.
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