The Europe Cashew Milk Market would witness market growth of 9.7% CAGR during the forecast period (2023-2030).
Plant-based or non-dairy milk substitutes are growing rapidly in the regional functional and specialty beverage area of emerging food product development. Due to widespread cow milk allergies, calorie concerns, and the growing popularity of vegan diets, consumers choose milk substitutes such as cashew, almond, soy, and others. Regional demand for plant-based milk substitutes is rising as more low-income populations in developing nations and areas with limited access to cow's milk look for more affordable alternatives. Dairy made from plants has recently been more well-liked among consumers moving toward vegetarian or vegan diets.
Numerous variables, such as sensitivity to milk protein, hypercholesterolemia, and calorie intake, may be responsible for the surge in plant-based dairy substitutes. Oats, almonds, cashews, coconut, and rice are some examples of plant-based foods that have enough quantities of lipids, proteins, and oils and can be used to make milk. Animal milk is commonly substituted with plant-based cashew milk because of its nutritional, physiological, and sensory properties.
According to OECD data, the percentage of obese adults in Germany quadrupled between 1990 and 2015, from 12.0% to 23.6%, and was – for the first time – considerably over the OECD average of 19.5% in 2015, placing it among the top ten nations with the highest obesity rates. The high prevalence of obesity and its associated health issues are anticipated to increase the demand for healthy food products such as sugar-free cashew milk as it is rich in vitamins and proteins. As a result, the market is estimated to witness growth in the region.
The Germany market dominated the Europe Cashew Milk Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $8,877.9 Thousands by 2030. The UK market is exhibiting a CAGR of 8.8% during (2023 - 2030). Additionally, The France market would experience a CAGR of 10.5% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Cashew Milk Market, by Distribution Channel
1.4.2 Europe Cashew Milk Market, by Product Type
1.4.3 Europe 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. Europe Cashew Milk Market by Distribution Channel
4.1 Europe Supermarket Market by Country
4.2 Europe Retail Stores Market by Country
4.3 Europe Online Market by Country
Chapter 5. Europe Cashew Milk Market by Product Type
5.1 Europe Plain Market by Country
5.2 Europe Flavored Market by Country
Chapter 6. Europe Cashew Milk Market by Country
6.1 Germany Cashew Milk Market
6.1.1 Germany Cashew Milk Market by Distribution Channel
6.1.2 Germany Cashew Milk Market by Product Type
6.2 UK Cashew Milk Market
6.2.1 UK Cashew Milk Market by Distribution Channel
6.2.2 UK Cashew Milk Market by Product Type
6.3 France Cashew Milk Market
6.3.1 France Cashew Milk Market by Distribution Channel
6.3.2 France Cashew Milk Market by Product Type
6.4 Russia Cashew Milk Market
6.4.1 Russia Cashew Milk Market by Distribution Channel
6.4.2 Russia Cashew Milk Market by Product Type
6.5 Spain Cashew Milk Market
6.5.1 Spain Cashew Milk Market by Distribution Channel
6.5.2 Spain Cashew Milk Market by Product Type
6.6 Italy Cashew Milk Market
6.6.1 Italy Cashew Milk Market by Distribution Channel
6.6.2 Italy Cashew Milk Market by Product Type
6.7 Rest of Europe Cashew Milk Market
6.7.1 Rest of Europe Cashew Milk Market by Distribution Channel
6.7.2 Rest of Europe 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 Europe Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 2 Europe Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 3 Europe Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 4 Europe Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 5 Europe Supermarket Market by Country, 2019 - 2022, USD Thousands
TABLE 6 Europe Supermarket Market by Country, 2023 - 2030, USD Thousands
TABLE 7 Europe Retail Stores Market by Country, 2019 - 2022, USD Thousands
TABLE 8 Europe Retail Stores Market by Country, 2023 - 2030, USD Thousands
TABLE 9 Europe Online Market by Country, 2019 - 2022, USD Thousands
TABLE 10 Europe Online Market by Country, 2023 - 2030, USD Thousands
TABLE 11 Europe Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 12 Europe Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 13 Europe Plain Market by Country, 2019 - 2022, USD Thousands
TABLE 14 Europe Plain Market by Country, 2023 - 2030, USD Thousands
TABLE 15 Europe Flavored Market by Country, 2019 - 2022, USD Thousands
TABLE 16 Europe Flavored Market by Country, 2023 - 2030, USD Thousands
TABLE 17 Europe Cashew Milk Market by Country, 2019 - 2022, USD Thousands
TABLE 18 Europe Cashew Milk Market by Country, 2023 - 2030, USD Thousands
TABLE 19 Germany Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 20 Germany Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 21 Germany Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 22 Germany Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 23 Germany Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 24 Germany Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 25 UK Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 26 UK Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 27 UK Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 28 UK Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 29 UK Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 30 UK Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 31 France Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 32 France Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 33 France Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 34 France Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 35 France Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 36 France Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 37 Russia Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 38 Russia Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 39 Russia Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 40 Russia Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 41 Russia Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 42 Russia Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 43 Spain Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 44 Spain Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 45 Spain Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 46 Spain Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 47 Spain Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 48 Spain Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 49 Italy Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 50 Italy Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 51 Italy Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 52 Italy Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 53 Italy Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 54 Italy Cashew Milk Market by Product Type, 2023 - 2030, USD Thousands
TABLE 55 Rest of Europe Cashew Milk Market, 2019 - 2022, USD Thousands
TABLE 56 Rest of Europe Cashew Milk Market, 2023 - 2030, USD Thousands
TABLE 57 Rest of Europe Cashew Milk Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 58 Rest of Europe Cashew Milk Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 59 Rest of Europe Cashew Milk Market by Product Type, 2019 - 2022, USD Thousands
TABLE 60 Rest of Europe 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 Europe 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 Europe Cashew Milk Market share by Distribution Channel, 2022
FIG 6 Europe Cashew Milk Market share by Distribution Channel, 2030
FIG 7 Europe Cashew Milk Market by Distribution Channel, 2019 - 2030, USD Thousands
FIG 8 Europe Cashew Milk Market share by Product Type, 2022
FIG 9 Europe Cashew Milk Market share by Product Type, 2030
FIG 10 Europe Cashew Milk Market by Product Type, 2019 - 2030, USD Thousands
FIG 11 Europe Cashew Milk Market share by Country, 2022
FIG 12 Europe Cashew Milk Market share by Country, 2030
FIG 13 Europe 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