Title: Analysis of Walnut Milk Market applications and companies active in the industry
1Walnut Milk Market Analysis, Trends Forecast to
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2Regional Analysis of Walnut Milk Market
- North America holds the largest market share of
walnut milk owing to largest consumer of the
product and the U.S. is the major exporter of
walnut. - Asia pacific, led by India and China is expected
to drive the product growth as largest production
is done in this region owing to availability of
raw material like walnuts, cheap labor, craze
over healthy plant protein drink and low cost
product. Europe is the major consumer of the
product as omega 3 deficiency is pervasive in U.K
peoples.
3Application Analysis of Walnut Milk Market
- Rising demand in food beverage industry is
foreseen the significant growth of walnut milk
market, owing to the high consumption of the
product. Based on flavor, walnut milk market is
segmented which includes vanilla, chocolate and
unsweetened based product. As per the demand of
flavor based product, vanilla one leads the
market after original flavor based high protein
milk in this segment. The product is supplied and
distributed through online stores, hypermarkets
and convenience stores, which will support the
product market demand. Attractive packaging and
allergies from other dairy products has also
uplift the walnut milk market due to its lactose
free quality.
4Competitive Market Share of Walnut Milk Market
- The prominent leaders in walnut milk market
includes Elmhurst Harvest, Yili Group, Chengde
Lulu, Panpan Food, Sanyuan Group and China
Mengniu Dairy Company Limited. Some other key
players include WhiteWave Foods, Mengniu, Wahaha
Products and Diamond foods. For an instance, In
March 2010, Diamond foods closed its acquisition
of kettle foods groups as under the agreement the
company acquired the all operational units of
kettle foods.
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