Industry Probe has titled an upcoming report as “Walnut Milk Market – Global Industry Dynamics 2019-20, Trends and Forecast, 2021–2028” to its ever-growing database of reports. The report explicates the market for walnut milk via a sequence of channels that incorporate data ranging from fundamental information to an unquestionable projection. It further includes all the primary factors that are expected to undergo definite transformation within the market. The data accessible in the report therefore can be used to augment the standing of the company operating in the global walnut milk market.
For many decades, the milk market has been dominated by dairy sources, especially from cows and goats. But in recent years, the demand for non-dairy milk options from nuts and seeds have expanded rapidly. There are several reasons for people to shift from dairy to non-dairy milk products which include cost, taste, nutritional and health benefits. For people with a vegan diet and lactose intolerance, non-dairy products are the only option. Moreover, seeds and nuts milk, especially walnut milk, are great sources of plant proteins, healthy-heart fats, fiber, essential minerals, vitamins, and many phytochemicals that work together to maintain the overall body health and immunity. The major factors that can be beneficial for global consumers are the minerals and antioxidants that promote a healthy gut, support proper brain functioning like improving memory, learning skills, and reducing anxiety. Due to these factors, the global walnut milk market is anticipated to rise in the upcoming future.
The global walnut milk market has been segregated in the report based on the type, flavor, downstream field, distribution channel, and region. To categorize the type, the walnut milk market can be divided into pure and mixed. In the case of flavors, the walnut milk market can be classified into original, chocolate, vanilla, unsweetened, and others. In terms of the downstream field, the walnut milk market can be categorized into adults and children. Based on the distribution channel, the global walnut milk market can be bifurcated into offline and online. The offline segment can be sub-divided into specialty stores, hypermarkets, supermarkets, and departmental stores. The online segment is sub-segmented into company-owned websites and e-commerce portals.
The global walnut milk market is fragmented in nature and is expected to witness increased competition in the coming years, owing to the entry of new players in the global market. Manufacturers are focusing on product innovation and strong marketing, and distribution strategies to meet the increasing demand from consumers across the globe, thereby leading to the overall growth of the market. Key players operating in the global walnut milk market are Elmhurst Milked Direct LLC, Alpine Pacific Nut, Grower Direct Nut Co., Inc., Andersen Shellling Inc., Guerra Nut Shelling Company, Mariani Nut Company, Haleakala Walnut Shelling Inc., Kashmir Walnut Group., Webster Limited, and Poindexter Nut Company
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