The North America Pistachio Milk Market would witness market growth of 10.5% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 41,660.0 Tonnes, showcasing a growth of 11.2% (2020-2023).
Conventional pistachio milk is produced using pistachios grown through traditional agricultural practices, which may include the use of synthetic pesticides, fertilizers, and other chemicals during the cultivation process. This type of milk is often less expensive than its organic counterpart due to the lower cost of production, which includes the use of more conventional farming methods. Thus, the Conventional segment in US market consumed 31,215.4 Tonnes in 2023.
The US market dominated the North America Pistachio Milk Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $874.7 million by 2031. The Canada market is experiencing a CAGR of 12.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 11.9% during (2024 - 2031).
This milk has carved a niche by combining a rich, creamy texture with various nutritional and environmental benefits. Its rise is fueled by various factors, including changing dietary trends, technological advancements in food processing, and the growing emphasis on sustainable and ethical consumption. This market has emerged as one of the most dynamic and rapidly expanding segments within the plant-based beverage industry.
One of the primary drivers behind the market's growth is the increasing adoption of plant-based diets. Diets heavy in red and processed meats are linked to cancer, diabetes, obesity, and heart disease, while overuse of antibiotics in cattle causes zoonotic illnesses and antibiotic resistance. Factory farming practices subject animals to inhumane treatment, including overcrowding, exploitation, and early slaughter, raising serious ethical concerns.
In Mexico, this milk redefines how traditional recipes meet modern health trends. While dairy has long been a staple, the increasing prevalence of lactose intolerance is shifting consumer preferences toward dairy-free options. With its naturally creamy texture, this milk seamlessly substitutes for dairy in beloved dishes like horchata and mole. Inspired by global trends and social media influencers, young urbanites are leading the charge, adopting this milk for its health benefits and versatility. Brands are also cleverly marketing this milk as an ingredient that enhances traditional Mexican cuisine, blending cultural heritage with modern wellness. Its ability to combine authenticity with the goals of a generation that is health-conscious is what makes it so appealing. Thus, the region will present lucrative growth opportunities for market expansion throughout the forecast period.
Free Valuable Insights: The Pistachio Milk Market is Predict to reach USD 3 Billion by 2031, at a CAGR of 10.9%
Based on Source, the market is segmented into Conventional, and Organic. Based on Product, the market is segmented into Plain, and Flavored. Based on Distribution Channel, the market is segmented into Supermarket & Hypermarket, Convenience Stores, Online Retail, and Other Distribution Channels. Based on Packaging, the market is segmented into Cartons, Bottle, and Other Packaging. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Source (Volume, Tonnes, USD Billion, 2020-2031)
By Product (Volume, Tonnes, USD Billion, 2020-2031)
By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)
By Packaging (Volume, Tonnes, USD Billion, 2020-2031)
By Country (Volume, Tonnes, USD Billion, 2020-2031)
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