Global Cashew Milk Market Overview: 2025-2030

Base Year: 2024

Historical Years:  2020–23

Forecast Years: 2025-2030

The Global Cashew Milk Market size was valued at around USD 288 billion in 2024 and is projected to reach USD 398 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.68% during the forecast period, i.e., 2025-30.

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Global Cashew Milk Market Dynamics: 2025-2030

Global Cashew Milk Market Driver:

Growing Prevalence of Plant-Based Food, Gaining Traction – Cashew milk is conspicuously promoted as a plant-derived beverage enriched with calcium, tempting to consumers due to its low sugar and fat content. Additionally, due to its versatility and rich flavors, it can be easily used as a direct alternative for cow’s milk in a variety of applications, including beverages, cooking, and beverages, cooking, and baking. This is the reason, the large number of people are opting for plant-based dietary choices, resulting in a significant increment in requirements for milk substitutes. Therefore, it is concluded as a plant-based diet, cashew milk has widely become a popular alternative to traditional dairy products.

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Global Cashew Milk Market (2025-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Form

-Liquid

-Powder

By Product Type

-Plain

-Flavored

Among both, flavored represents the potential share and is expected to lead the growth with the highest CAGR over the forecast period. 

By Packaging Type

-Cartons

-Bottles

-Pouches

-Others (Jars, etc.)

By Distribution Channel

-Online

-Supermarkets/Hypermarkets/Convenience store

By Region

-North America

-South America

-Europe

-Middle East & Africa

-Asia-Pacific.

Among these regions, North America is expected to dominate the market during the forecast period due to a massive consumer shift in eating habits

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Top Companies Operating in the Global Cashew Milk Market:

-Alpro

-Blue Diamond Growers

-Cashew Dream

-Danone SA

-Earth’s Own Food Company

-Elmhurst Milked Direct

-Forager Project

-Pacific Foods of Oregon LLC

-Plenish Cleanse Ltd.

-Provamel

-Nutty Life LLC

-So Delicious Dairy Free

-SunOpta, Inc.

Industry Recent Development:

• 2024: Elmhurst 1925, maker of the world’s finest plant-based dairy products, has launched its newest innovation-a line of dairy-free Cashew Creamers. This is also available in four delectable varieties: Sweet Cream, Cinnamon Churro, Caramel Brûlée, and Unsweetened.

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