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Walnut Milk Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 121
  • SKU: IRTNTR73647
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The walnut milk market share is expected to increase to USD 1.16 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 14.9%.

This walnut milk market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers walnut milk market segmentation by distribution channel (offline and online) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The walnut milk market report also offers information on several market vendors, including Borges International Group SLU, California Walnuts, Elmhurst Milked Direct LLC, Hebei Chengde Lolo Co. Ltd., Hebei Yangyuan ZhiHui Beverage Co. Ltd., Inner Mongolia Yili Industrial Group Co. Ltd., Mariani Nut Co., RITA Food and Drink Co. Ltd., Simple Foods Co. Ltd., and TH Food Chain Joint Stock Co. among others.

What will the Walnut Milk Market Size be During the Forecast Period?

Walnut Milk Market Size

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Walnut Milk Market: Key Drivers, Trends, and Challenges

The rising cases of lactose intolerance and allergies associated with soy, hazelnut, and almond milk is notably driving the walnut milk market growth, although factors such as the availability of substitutes may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the walnut milk industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Walnut Milk Market Driver

  • One of the key factors driving growth in the walnut milk market is the rising cases of lactose intolerance and allergies associated with soy, hazelnut, and almond milk.
  • Consumers with lactose intolerance are unable to digest lactose (a type of sugar found in milk and dairy products).
  • With an increase in the number of lactose-intolerant people, the demand for walnut milk will increase at a fast pace during the forecast period globally. 
  • In East and Southeast Asia, a large population is lactose-intolerant to a certain extent. There has been increasing awareness among consumers about growth hormones and antibiotics found in cow-based milk processed by the dairy industry. As a result, consumers are refraining from consuming cow-based milk and opting for alternatives, which are increasing the demand for walnut milk. 
  • Another major factor that is driving the growth of the global walnut milk market is the allergies associated with other plant-based alternatives such as soy, hazelnut, and almond milk. Thus, such factors can propel the growth of the global walnut milk market.

Key Walnut Milk Market Trend

  • The growing demand for sugar-free and organic walnut milk is a walnut milk market trend that is expected to have a positive impact in the coming years.
  • With the increasing obesity rates across the world, most end-consumers are inclined toward buying sugar-free products. This presents an opportunity for walnut milk vendors to introduce sugar-free walnut milk in their portfolio to increase their consumer base. 
  • With the growing trend of sugar-free products and rising health consciousness among consumers, many vendors are expected to develop sugar-free walnut milk during the forecast period.
  • With the growing awareness of the negative impacts of synthetic products on health and the environment, most health-conscious and informed consumers have started using organic products. This also applies to walnut milk.
  • Organic beverages are healthy and becoming popular in the market as consumers gradually show increased concern over the quality and origin of the ingredients used in their beverages. Thus, the growing consumer demand for sugar-free and organic walnut milk will propel the growth of the global walnut milk market.

Key Walnut Milk Market Challenge

  • The availability of substitutes will be a major challenge for the walnut milk market during the forecast period.
  • Numerous prominent brands offer alternative products such as functional beverages, dairy products, and other plant-based alternatives such as almond and soy milk.
  • In recent years, there has been a growing demand for functional beverages that contain nutrients such as protein, calcium, vitamin D, vitamin A, vitamin B12, potassium, phosphorus, riboflavin, and niacin. This can be attributed to increasing consumer awareness of the benefits of functional beverages.
  • The availability of such alternatives can pose a threat to the growth of the global walnut milk market during the forecast period. 
  • To cater to the growing consumer demand for plant-based milk, food and beverage companies are frequently launching new products. Thus, the availability of a wide range of substitutes for walnut milk poses a challenge for the vendors, which, in turn, can negatively impact the growth of the global walnut milk market.

This walnut milk market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global walnut milk market as a part of the global packaged foods and meats under the global food products segment of the global food, beverage, and tobacco market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the walnut milk market during the forecast period.

Who are the Major Walnut Milk Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Borges International Group SLU
  • California Walnuts
  • Elmhurst Milked Direct LLC
  • Hebei Chengde Lolo Co. Ltd.
  • Hebei Yangyuan ZhiHui Beverage Co. Ltd.
  • Inner Mongolia Yili Industrial Group Co. Ltd.
  • Mariani Nut Co.
  • RITA Food and Drink Co. Ltd.
  • Simple Foods Co. Ltd.
  • TH Food Chain Joint Stock Co.

 

This statistical study of the walnut milk market encompasses successful business strategies deployed by the key vendors. The walnut milk market is concentrated and the vendors are deploying growth strategies such as investing in R&D to compete in the market.

Product Insights and News

  • Borges International Group SLU - Borges International Group SLU is a public company headquartered in Spain. It is a global company generating $680.74 million in revenues and has around 1,181 employees. Its revenue from the global walnut milk market is a key component of its overall revenues. 
  • Borges International Group SLU - The company offers walnut milk products such as Borges nut drink. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The walnut milk market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Walnut Milk Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the walnut milk market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Walnut Milk Market?

Walnut Milk Market Market segmentation by region

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36% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for walnut milk in North America. Market growth in this region will be slower than the growth of the market in other regions.

The presence of key vendors in the region and the high revenue generated by these vendors will facilitate the walnut milk market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the business operations of vendors in the regional walnut milk market were negatively impacted by the outbreak of COVID-19. In H2 2021, due to the availability of vaccines and reduction in COVID-19 cases, the nationwide lockdowns eased. The demand for walnut milk in the region returned to normal as retail outlets such as grocery stores, convenience stores, hypermarkets, and supermarkets reopened in the region. 

What are the Revenue-generating Distribution Channel Segments in the Walnut Milk Market?

Walnut Milk Market Segmentation

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The walnut milk market share growth by the offline segment will be significant during the forecast period. An increase in the number of hypermarkets, supermarkets, and other convenience stores drives the sales of walnut milk through this channel. A large amount of shelf space and storage areas in these stores enables them to accommodate different varieties of walnut milk offered by regional and international vendors such as Alpine Pacific Nut Co. Inc., Grower Direct Nut Co. Inc., Guerra Nut Shelling Co. Inc., Poindexter Nut Company, and Andersen Shelling Inc., thereby allowing consumers to choose products based on their preferred flavors and brands.

This report provides an accurate prediction of the contribution of all the segments to the growth of the walnut milk market size and actionable market insights on post COVID-19 impact on each segment.

 

Walnut Milk Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 14.9%

Market growth 2022-2026

$ 1.16 billion

Market structure

Concentrated

YoY growth (%)

13.9

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 36%

Key consumer countries

US, Canada, China, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Borges International Group SLU, California Walnuts, Elmhurst Milked Direct LLC, Hebei Chengde Lolo Co. Ltd., Hebei Yangyuan ZhiHui Beverage Co. Ltd., Inner Mongolia Yili Industrial Group Co. Ltd., Mariani Nut Co., RITA Food and Drink Co. Ltd., Simple Foods Co. Ltd., and TH Food Chain Joint Stock Co.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Walnut Milk Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive walnut milk market growth during the next five years
  • Precise estimation of the walnut milk market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the walnut milk industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of walnut milk market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Distribution Channel

    • 5.1 Market segments
      • Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)
    • 5.2 Comparison by Distribution Channel
      • Exhibit 26: Chart on Comparison by Distribution Channel
      • Exhibit 27: Data Table on Comparison by Distribution Channel
    • 5.3 Offline - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)
    • 5.4 Online - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Distribution Channel
      • Exhibit 36: Market opportunity by Distribution Channel ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 Canada - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.12 UK - Market size and forecast 2021-2026
      • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Borges International Group SLU
              • Exhibit 89: Borges International Group SLU - Overview
              • Exhibit 90: Borges International Group SLU - Business segments
              • Exhibit 91: Borges International Group SLU - Key offerings
              • Exhibit 92: Borges International Group SLU - Segment focus
            • 10.4 California Walnuts
              • Exhibit 93: California Walnuts - Overview
              • Exhibit 94: California Walnuts - Product / Service
              • Exhibit 95: California Walnuts - Key offerings
            • 10.5 Elmhurst Milked Direct LLC
              • Exhibit 96: Elmhurst Milked Direct LLC - Overview
              • Exhibit 97: Elmhurst Milked Direct LLC - Product / Service
              • Exhibit 98: Elmhurst Milked Direct LLC - Key offerings
            • 10.6 Hebei Chengde Lolo Co. Ltd.
              • Exhibit 99: Hebei Chengde Lolo Co. Ltd. - Overview
              • Exhibit 100: Hebei Chengde Lolo Co. Ltd. - Product / Service
              • Exhibit 101: Hebei Chengde Lolo Co. Ltd. - Key offerings
            • 10.7 Hebei Yangyuan ZhiHui Beverage Co. Ltd.
              • Exhibit 102: Hebei Yangyuan ZhiHui Beverage Co. Ltd. - Overview
              • Exhibit 103: Hebei Yangyuan ZhiHui Beverage Co. Ltd. - Product / Service
              • Exhibit 104: Hebei Yangyuan ZhiHui Beverage Co. Ltd. - Key offerings
            • 10.8 Inner Mongolia Yili Industrial Group Co. Ltd.
              • Exhibit 105: Inner Mongolia Yili Industrial Group Co. Ltd. - Overview
              • Exhibit 106: Inner Mongolia Yili Industrial Group Co. Ltd. - Product / Service
              • Exhibit 107: Inner Mongolia Yili Industrial Group Co. Ltd. - Key offerings
            • 10.9 Mariani Nut Co.
              • Exhibit 108: Mariani Nut Co. - Overview
              • Exhibit 109: Mariani Nut Co. - Product / Service
              • Exhibit 110: Mariani Nut Co. - Key offerings
            • 10.10 RITA Food and Drink Co. Ltd.
              • Exhibit 111: RITA Food and Drink Co. Ltd. - Overview
              • Exhibit 112: RITA Food and Drink Co. Ltd. - Product / Service
              • Exhibit 113: RITA Food and Drink Co. Ltd. - Key offerings
            • 10.11 Simple Foods Co. Ltd.
              • Exhibit 114: Simple Foods Co. Ltd. - Overview
              • Exhibit 115: Simple Foods Co. Ltd. - Product / Service
              • Exhibit 116: Simple Foods Co. Ltd. - Key offerings
            • 10.12 TH Food Chain Joint Stock Co.
              • Exhibit 117: TH Food Chain Joint Stock Co. - Overview
              • Exhibit 118: TH Food Chain Joint Stock Co. - Product / Service
              • Exhibit 119: TH Food Chain Joint Stock Co. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 120: Inclusions checklist
                • Exhibit 121: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 122: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 123: Research methodology
                • Exhibit 124: Validation techniques employed for market sizing
                • Exhibit 125: Information sources
              • 11.5 List of abbreviations
                • Exhibit 126: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Walnut Milk Market market growth will increase by $1.16 bn during 2022-2026.
              The walnut milk market market is expected to grow at a CAGR of 14.9% during 2022-2026.
              Technavio has segmented the walnut milk market market by distribution channel (Offline and Online) and geography (North America, Europe, APAC, South America, and Middle East and Africa).
              Borges International Group SLU, California Walnuts, Elmhurst Milked Direct LLC, Hebei Chengde Lolo Co. Ltd., Hebei Yangyuan ZhiHui Beverage Co. Ltd., Inner Mongolia Yili Industrial Group Co. Ltd., Mariani Nut Co., RITA Food and Drink Co. Ltd., Simple Foods Co. Ltd., TH Food Chain Joint Stock Co. are a few of the key vendors in the walnut milk market market.
              North America will register the highest growth rate of 36% among the other regions. Therefore, the walnut milk market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the walnut milk market market growth are:
              • Rising cases of lactose intolerance and allergies associated with soy, hazelnut, and almond milk
              • Growing demand for sugar-free and organic walnut milk
              The walnut milk market market vendors should focus on grabbing business opportunities from the offline segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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