The North America Cashew Milk Market would witness market growth of 9.3% CAGR during the forecast period (2023-2030).
Cashew milk is particularly well-liked by those who are lactose intolerant or favor a plant-based diet because it offers several nutritional benefits. The absence of lactose in cashew milk makes it a good option for people allergic to dairy products. Unlike dairy milk, cashew milk is naturally low in saturated fats and cholesterol-free. Instead, it is a great source of oleic acid, also included in olive oil and other heart-healthy unsaturated fats.
Cashew milk is an excellent alternative for preserving cardiovascular health and reducing the risk of stroke and coronary heart disease because of its composition. Additionally, a fantastic provider of essential nutrients is cashew milk. It contains considerable B vitamins, including thiamine, riboflavin, and niacin, essential for producing energy and maintaining overall wellness. Additionally, cashew milk contains minerals like magnesium and copper that support many biological functions, like enzyme activity, bone health, and neuron function.
In the North America region, lactose intolerance is on the rise, which has increased the demand for lactose-free products like cashew milk. As a result, there is an increase in demand for products in the nation that don’t contain lactose. Besides this, due to rising health concerns among Native Americans, consumers are switching from regular dairy to lactose-free dairy as a preventative step. In addition, the consumers in the region have high disposable income which makes lactose free products affordable for them. All these factors would cause the market in North America to expand.
The US market dominated the North America Cashew Milk Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $29,206.5 Thousands by 2030. The Canada market is experiencing a CAGR of 11.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 10.8% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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 North America Cashew Milk Market, by Distribution Channel
1.4.2 North America Cashew Milk Market, by Product Type
1.4.3 North America 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. North America Cashew Milk Market by Distribution Channel
4.1 North America Supermarket Market by Country
4.2 North America Retail Stores Market by Country
4.3 North America Online Market by Country
Chapter 5. North America Cashew Milk Market by Product Type
5.1 North America Plain Market by Country
5.2 North America Flavored Market by Country
Chapter 6. North America Cashew Milk Market by Country
6.1 US Cashew Milk Market
6.1.1 US Cashew Milk Market by Distribution Channel
6.1.2 US Cashew Milk Market by Product Type
6.2 Canada Cashew Milk Market
6.2.1 Canada Cashew Milk Market by Distribution Channel
6.2.2 Canada Cashew Milk Market by Product Type
6.3 Mexico Cashew Milk Market
6.3.1 Mexico Cashew Milk Market by Distribution Channel
6.3.2 Mexico Cashew Milk Market by Product Type
6.4 Rest of North America Cashew Milk Market
6.4.1 Rest of North America Cashew Milk Market by Distribution Channel
6.4.2 Rest of North America 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 North America Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 2 North America Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 3 North America Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 4 North America Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 5 North America Supermarket Market by Country, 2019 - 2022, USD Thousands
TABLE 6 North America Supermarket Market by Country, 2023 - 2030, USD Thousands
TABLE 7 North America Retail Stores Market by Country, 2019 - 2022, USD Thousands
TABLE 8 North America Retail Stores Market by Country, 2023 - 2030, USD Thousands
TABLE 9 North America Online Market by Country, 2019 - 2022, USD Thousands
TABLE 10 North America Online Market by Country, 2023 - 2030, USD Thousands
TABLE 11 North America Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 12 North America Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 13 North America Plain Market by Country, 2019 - 2022, USD Thousands
TABLE 14 North America Plain Market by Country, 2023 - 2030, USD Thousands
TABLE 15 North America Flavored Market by Country, 2019 - 2022, USD Thousands
TABLE 16 North America Flavored Market by Country, 2023 - 2030, USD Thousands
TABLE 17 North America Cashew Milk Market by Country, 2019 - 2022, USD Thousands
TABLE 18 North America Cashew Milk Market by Country, 2023 - 2030, USD Thousands
TABLE 19 US Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 20 US Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 21 US Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 22 US Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 23 US Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 24 US Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 25 Canada Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 26 Canada Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 27 Canada Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 28 Canada Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 29 Canada Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 30 Canada Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 31 Mexico Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 32 Mexico Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 33 Mexico Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 34 Mexico Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 35 Mexico Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 36 Mexico Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 37 Rest of North America Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 38 Rest of North America Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 39 Rest of North America Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 40 Rest of North America Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 41 Rest of North America Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 42 Rest of North America Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 43 Key Information – Blue Diamond Growers, Inc.
TABLE 44 Key information – Danone S.A.
TABLE 45 Key Information – Edward & Sons Trading Co., Inc.
TABLE 46 Key Information – Nutty life, LLC.
TABLE 47 Key Information – ProVeg e.V.
TABLE 48 Key Information – SunOpta, Inc.
TABLE 49 Key Information – Earth's Own Food Company, Inc.
TABLE 50 Key Information – Plenish Cleanse Ltd
TABLE 51 Key Information – The Gentle Nut
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Cashew Milk Market share by Distribution Channel, 2022
FIG 6 North America Cashew Milk Market share by Distribution Channel, 2030
FIG 7 North America Cashew Milk Market by Distribution Channel, 2019 - 2030, USD Thousands
FIG 8 North America Cashew Milk Market share by Product Type, 2022
FIG 9 North America Cashew Milk Market share by Product Type, 2030
FIG 10 North America Cashew Milk Market by Product Type, 2019 - 2030, USD Thousands
FIG 11 North America Cashew Milk Market share by Country, 2022
FIG 12 North America Cashew Milk Market share by Country, 2030
FIG 13 North America 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