The Latin America, Middle East and Africa Cashew Milk Market would witness market growth of 12.2% CAGR during the forecast period (2023-2030).
Cooking, baking, and creating sauces & soups are some culinary uses for cashew milk. It satisfies the needs of vegan and lactose-intolerant consumers by serving as a great dairy milk substitute in various recipes owing to its mild flavor and creamy texture. These are the primary elements that will provide great opportunities for market participants during the anticipated period of time.
Customers who want cashew milk's natural flavor and texture without additional tastes or sweeteners can purchase plain cashew milk. Customers who appreciate the adaptability of plain cashew milk in numerous culinary applications have made it more popular. As a result of its versatility as a base for smoothies, coffee, tea, cereal, baking, and cooking, it is a popular component in both savory and sweet dishes. These are anticipated to significantly impact the size of the market during the forecast period.
The United Arab Emirates continues to be a major contributor to F&B sales in the Middle East region as a result of the rising number of tourists. The nation and Dubai continue to draw a wide range of domestic and international food and drink products. The food and beverage sector, which is among the largest industries in the UAE, is crucial to both the country’s economy and the expansion and diversification of the economy of the entire region. Due to this growing food and beverage industry, it is expected that the market would also expand in the LAMEA region.
The Brazil market dominated the LAMEA Cashew Milk Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,248.8 Thousands by 2030. The Argentina market is showcasing a CAGR of 12.9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 11.9% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Supermarket, Retail Stores, and Online. Based on Product Type, the market is segmented into Plain and Flavored. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Cashew Milk Market is Projected to reach USD 129.4 Million by 2030, at a CAGR of 9.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Blue Diamond Growers, Inc., Danone S.A., Edward & Sons Trading Co., Inc., Nutty life, LLC., ProVeg e.V., SunOpta, Inc., Earth's Own Food Company, Inc., Plenish Cleanse Ltd. (Britvic PLC) and The Gentle Nut.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Supermarket
- Retail Stores
- Online
By Product Type
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Blue Diamond Growers, Inc.
- Danone S.A.
- Edward & Sons Trading Co., Inc.
- Nutty life, LLC.
- ProVeg e.V.
- SunOpta, Inc.
- Earth's Own Food Company, Inc.
- Plenish Cleanse Ltd. (Britvic PLC)
- The Gentle Nut
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Cashew Milk Market, by Distribution Channel
1.4.2 LAMEA Cashew Milk Market, by Product Type
1.4.3 LAMEA Cashew Milk Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. LAMEA Cashew Milk Market by Distribution Channel
4.1 LAMEA Supermarket Market by Country
4.2 LAMEA Retail Stores Market by Country
4.3 LAMEA Online Market by Country
Chapter 5. LAMEA Cashew Milk Market by Product Type
5.1 LAMEA Plain Market by Country
5.2 LAMEA Flavored Market by Country
Chapter 6. LAMEA Cashew Milk Market by Country
6.1 Brazil Cashew Milk Market
6.1.1 Brazil Cashew Milk Market by Distribution Channel
6.1.2 Brazil Cashew Milk Market by Product Type
6.2 Argentina Cashew Milk Market
6.2.1 Argentina Cashew Milk Market by Distribution Channel
6.2.2 Argentina Cashew Milk Market by Product Type
6.3 UAE Cashew Milk Market
6.3.1 UAE Cashew Milk Market by Distribution Channel
6.3.2 UAE Cashew Milk Market by Product Type
6.4 Saudi Arabia Cashew Milk Market
6.4.1 Saudi Arabia Cashew Milk Market by Distribution Channel
6.4.2 Saudi Arabia Cashew Milk Market by Product Type
6.5 South Africa Cashew Milk Market
6.5.1 South Africa Cashew Milk Market by Distribution Channel
6.5.2 South Africa Cashew Milk Market by Product Type
6.6 Nigeria Cashew Milk Market
6.6.1 Nigeria Cashew Milk Market by Distribution Channel
6.6.2 Nigeria Cashew Milk Market by Product Type
6.7 Rest of LAMEA Cashew Milk Market
6.7.1 Rest of LAMEA Cashew Milk Market by Distribution Channel
6.7.2 Rest of LAMEA Cashew Milk Market by Product Type
Chapter 7. Company Profiles
7.1 Blue Diamond Growers, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 SWOT Analysis
7.2 Danone S.A.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Category and Regional Analysis
7.2.4 SWOT Analysis
7.3 Edward & Sons Trading Co., Inc.
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 Nutty life, LLC.
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 ProVeg e.V.
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 SunOpta, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.1 SWOT Analysis
7.7 Earth's Own Food Company, Inc.
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Plenish Cleanse Ltd. (Britvic PLC)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 The Gentle Nut
7.9.1 Company Overview
7.9.2 SWOT Analysis
TABLE 1 LAMEA Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 2 LAMEA Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 3 LAMEA Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 4 LAMEA Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 5 LAMEA Supermarket Market by Country, 2019 - 2022, USD Thousands
TABLE 6 LAMEA Supermarket Market by Country, 2023 - 2030, USD Thousands
TABLE 7 LAMEA Retail Stores Market by Country, 2019 - 2022, USD Thousands
TABLE 8 LAMEA Retail Stores Market by Country, 2023 - 2030, USD Thousands
TABLE 9 LAMEA Online Market by Country, 2019 - 2022, USD Thousands
TABLE 10 LAMEA Online Market by Country, 2023 - 2030, USD Thousands
TABLE 11 LAMEA Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 12 LAMEA Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 13 LAMEA Plain Market by Country, 2019 - 2022, USD Thousands
TABLE 14 LAMEA Plain Market by Country, 2023 - 2030, USD Thousands
TABLE 15 LAMEA Flavored Market by Country, 2019 - 2022, USD Thousands
TABLE 16 LAMEA Flavored Market by Country, 2023 - 2030, USD Thousands
TABLE 17 LAMEA Cashew Milk Market by Country, 2019 - 2022, USD Thousands
TABLE 18 LAMEA Cashew Milk Market by Country, 2023 - 2030, USD Thousands
TABLE 19 Brazil Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 20 Brazil Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 21 Brazil Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 22 Brazil Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 23 Brazil Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 24 Brazil Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 25 Argentina Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 26 Argentina Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 27 Argentina Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 28 Argentina Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 29 Argentina Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 30 Argentina Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 31 UAE Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 32 UAE Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 33 UAE Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 34 UAE Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 35 UAE Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 36 UAE Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 37 Saudi Arabia Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 38 Saudi Arabia Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 39 Saudi Arabia Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 40 Saudi Arabia Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 41 Saudi Arabia Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 42 Saudi Arabia Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 43 South Africa Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 44 South Africa Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 45 South Africa Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 46 South Africa Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 47 South Africa Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 48 South Africa Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 49 Nigeria Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 50 Nigeria Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 51 Nigeria Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 52 Nigeria Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 53 Nigeria Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 54 Nigeria Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 55 Rest of LAMEA Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 56 Rest of LAMEA Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 57 Rest of LAMEA Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 58 Rest of LAMEA Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 59 Rest of LAMEA Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 60 Rest of LAMEA Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 61 Key Information – Blue Diamond Growers, Inc.
TABLE 62 Key information – Danone S.A.
TABLE 63 Key Information – Edward & Sons Trading Co., Inc.
TABLE 64 Key Information – Nutty life, LLC.
TABLE 65 Key Information – ProVeg e.V.
TABLE 66 Key Information – SunOpta, Inc.
TABLE 67 Key Information – Earth's Own Food Company, Inc.
TABLE 68 Key Information – Plenish Cleanse Ltd
TABLE 69 Key Information – The Gentle Nut
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Cashew Milk Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting Cashew Milk Market
FIG 4 Porter’s Five Forces Analysis - Cashew Milk Market
FIG 5 LAMEA Cashew Milk Market share by Distribution Channel, 2022
FIG 6 LAMEA Cashew Milk Market share by Distribution Channel, 2030
FIG 7 LAMEA Cashew Milk Market by Distribution Channel, 2019 - 2030, USD Thousands
FIG 8 LAMEA Cashew Milk Market share by Product Type, 2022
FIG 9 LAMEA Cashew Milk Market share by Product Type, 2030
FIG 10 LAMEA Cashew Milk Market by Product Type, 2019 - 2030, USD Thousands
FIG 11 LAMEA Cashew Milk Market share by Country, 2022
FIG 12 LAMEA Cashew Milk Market share by Country, 2030
FIG 13 LAMEA Cashew Milk Market by Country, 2019 - 2030, USD Thousands
FIG 14 SWOT Analysis: Blue Diamond Growers, Inc.
FIG 15 SWOT Analysis: Danone, S.A.
FIG 16 SWOT Analysis: Edward & Sons Trading Co., Inc.
FIG 17 SWOT Analysis: Nutty life, LLC
FIG 18 SWOT Analysis: ProVeg e.V.
FIG 19 Swot Analysis: SunOpta, Inc.
FIG 20 SWOT Analysis: Earth's Own Food Company, Inc.
FIG 21 SWOT Analysis: Plenish Cleanse Ltd
FIG 22 SWOT Analysis: The Gentle Nut