Leading Almond Milk Distribution Markets Databank

Leading Almond Milk Distribution 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. Hypermarkets & Supermarkets segment is expected to be the highest contributor to this market, with $4,111.6 Million in 2020, and is anticipated to reach $5,078.7 Million by 2029, registering a CAGR of 2.41%. Convenience Stores segment is anticipated to reach $2,459.9 Million by 2029 with the highest CAGR of 2.42%. Hypermarkets & Supermarkets and Convenience Stores segments collectively expected to account for about 91.8% share of the Almond Milk market in 2020, with the former constituting around 61.8% share. Convenience Stores and Hypermarkets & Supermarkets segments are expected to witness significant growth rates at a CAGR of 2.42% and 2.41% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 91.8% in the overall Almond Milk market in 2020, and is anticipated to reach 92.0% by 2029.