
Cashew Milk Market Trend Analysis Research By ProductType (Plain, Flavoured), by Packaging (Cartons, Bottles), by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Global Forecast to 2034
Feb-2025 Formats | PDF | Category: Food & Beverages | Delivery: 24 to 72 Hours

“The Cashew Milk industry is expected to expand from $ 134.56 Million in 2025 to $ 237.45 Billion in 2034, with a compound annual growth rate of 6.3%. “
Cashew Milk Market: Overview and Growth in the Upcoming Year
Cashew milk, a dairy-free beverage made from cashew nuts and water, is gaining popularity as an alternative to cow’s milk due to its creamy texture, sweet and nutty flavor, and essential vitamins, minerals, and protein. As plant-based milk alternatives become more popular due to health, sustainability, and animal welfare concerns, the demand for cashew milk is expected to rise as more people adopt plant-based diets.
Cashew milk’s popularity has led to businesses like Silk, So Delicious, and Califia Farms offering diverse products to meet customer demands. These companies are known for producing high-quality cashew milk products that cater to various tastes and nutritional needs, fostering innovation and spreading knowledge about cashew milk’s benefits.
Cashew milk is a popular and nutritious alternative due to its high content of essential minerals like vitamins E and K, calcium, and magnesium, and its low calorie and fat content. It is also suitable for those who are lactose intolerant or dairy-allergic, making it a versatile and accessible choice for a diverse diet.
Cashew milk offers health benefits and is a sustainable and ethical alternative to dairy milk. It requires less water to grow than dairy animals, reducing environmental impact. Additionally, cashew milk is produced without animal cruelty, making it a compassionate choice for ethical consumers.
The cashew milk market is expected to grow significantly in the coming year due to customer demand for healthier, sustainable, and ethical food options. Cashew milk is gaining popularity due to its excellent flavor, creamy texture, and nutritional benefits. Industry leaders are expected to offer more creative products and flavors to cater to consumer preferences.
For Insights Consultancy’s latest market intelligence study, “Global Cashew Milk Market 2025, Growth Opportunities, and Forecast,” provides a comprehensive analysis of the Food industry. The report includes demand analysis, industry insights, competition intelligence, and a customer database. It also offers strategic insights into future trends, growth determinants, supplier landscape, demand landscape, CAGR, and pricing analysis. The study also includes Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps’ Analysis, Market Attractiveness Analysis, BPS Analysis, and Ecosystem Analysis.
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Top Companies Covered In This Report:
- Earth’s Own Food Company Inc. (Canada)
- Califia Farms (US)
- Danone S.A.(France)
- Elmhurst Milked Direct LLC (US)
- Pacific Foods (US)
- Forager Project (US)
- RITA Food & Drink Co. Ltd. (Vietnam)
- Hain Celestial Group (US)
- Plenish Cleanse Ltd. (UK)
- Rude Health (UK)
Detailed Segmentation and Classification of the report (Market Size and Forecast – 2034, Y-o-Y growth rate, and CAGR):
Segment byProduct Type
- Plain
- Flavoured
Segment by Packaging
- Cartons
- Bottles
Regional Deep-dive Analysis:
The report provides in-depth qualitative and quantitative data on the Cashew Milk Market for all of the regions and countries listed below:
- North America includes the United States, Canada, and Mexico.
- Europe includes Germany, France, Italy, the United Kingdom, Scandinavia, Benelux, Russia, and the rest of Europe.
- Asia-Pacific includes Japan, South Korea, India, China, Southeast Asia, and Australia.
- South America (including Brazil, Argentina, and the rest of South America)
- Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa)
Each country is studied in detail, and the study includes qualitative and quantitative analysis of the Cashew Milk Market in that country.
North America
North America is a major market for cashew milk due to health-conscious consumers’ demand for dairy-free products. The US and Canada are the largest consumers, with lactose intolerance prevalent and a shift towards vegan and plant-based diets. Major cashew milk producers include Silk, Califia Farms, and Elmhurst.
Europe
Cashew milk is gaining popularity as a dairy replacement in Europe, particularly in the UK, Germany, and France due to its appeal to the vegan and vegetarian population, sustainability, and ethical consumption. Brands like Alpro, Oatly, and Rude Health offer a diverse range of cashew milk products.
Asia Pacific
Cashew milk is gaining popularity as a dairy replacement in Europe, particularly in the UK, Germany, and France, due to its appeal to vegans and vegetarians, sustainability, and ethical consumption, with brands like Alpro, Oatly, and Rude Health offering diverse products.
Middle East
The Middle East’s cashew milk market is in its early stages, but it shows potential for growth due to countries like Israel, UAE, and Saudi Arabia adopting healthier lifestyles and increasing awareness of lactose intolerance and dairy allergies, making it a promising market for cashew milk producers.
Recent News:
- In March 2023, Forager Project, the global producer of plant-based organic products, announced the launch of its new Honey Alternative Cashewmilk Yogurt at Natural Products Expo West. The product is 100% bee-free and utilizes fruit juices and organic cane sugar instead of honey to provide a sweet and distinctive flavor.
- In September 2022, Vinapro Group, a leading manufacturer of agricultural products, launched a new cashew milk product, ‘Richer Milk Vietnam,’ in the Vietnamese market. The company aimed to meet the growing demand for natural products through this development.
- In September 2022, the manufacturer of quality natural foods, Z Natural Foods, LLC., launched a new product, ‘Organic Matcha Green Tea Cashew Milk’. The product contains organic cashew milk, matcha green tea, organic barley grass, and essential nutrients.
- What is the expected growth rate of the Cashew Milk market from 2025-2034?
- What are the key driving forces shaping the market during the forecast period?
- Who are the major market vendors and what winning strategies have helped them occupy a strong foothold in the Cashew Milk market?
- What are the prominent market trends influencing the market’s development?
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Key insights provided by the report that could help you take critical strategic decisions?
- Regional reports analyse product/service consumption and market factors in each region.
- Reports highlight possibilities and dangers for suppliers in the Cashew Milk business globally.
- The report identifies regions and sectors with the highest growth potential.
- It provides a competitive market ranking of major companies, as well as information on new product launches, partnerships, business expansions, and acquisitions.
- The report includes a comprehensive corporate profile with company overviews, insights, product benchmarks, and SWOT analysis for key market participants.
Customization: We can provide following things
1) On request more company profiles (competitors)
2) Data about particular country or region
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Table of Contents
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