US Cashew Milk Market Research Report: By Category (Conventional, Organic) - Forecast to 2035

US Cashew Milk Market Overview

US Cashew Milk Market Size was estimated at 19.59 (USD Million) in 2023. The US Cashew Milk Market Industry is expected to grow from 22.1(USD Million) in 2024 to 37.24 (USD Million) by 2035. The US Cashew Milk Market CAGR (growth rate) is expected to be around 4.858% during the forecast period (2025 - 2035).

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Key US Cashew Milk Market Trends Highlighted

The US Cashew Milk Market is experiencing significant growth driven by an increase in plant-based dietary trends and the rising demand for dairy alternatives. With consumers becoming more health-conscious, there is a greater inclination towards products that offer lower calories, are lactose-free, and rich in nutrients. This shift is supported by a growing awareness of the environmental impact of dairy farming, prompting individuals to seek sustainable and eco-friendly options, such as cashew milk. Furthermore, the rising prevalence of lactose intolerance in the US population encourages the exploration of nut-based milks, which are seen as viable substitutes.In recent times, the market has witnessed innovation in product formulations, with brands emphasizing organic and non-GMO attributes. This caters to the increasing number of consumers looking for clean-label products that align with their health and environmental values. Additionally, the trend of home cooking and baking has surged, particularly in the wake of recent global events, opening opportunities for cashew milk to be featured in a wider variety of recipes. The expansion of plant-based diets among millennials and Gen Z is notably shaping this market, as younger consumers actively seek diverse and accessible options that fit their lifestyle preferences.Opportunities remain abundant for brands to capture untapped market segments by educating consumers about the benefits and versatility of cashew milk. This includes promoting its use in coffee, smoothies, and as a cooking ingredient. The focus on enhancing flavor profiles and collaborations with cafes and restaurants can further increase consumer exposure. As the market continues to evolve, adapting to taste preferences and lifestyle changes will be essential for both established and emerging brands in the US Cashew Milk Market.

US Cashew Milk Market Drivers

Growing Health Consciousness Among Consumers

The increase in health consciousness among consumers in the United States is significantly driving the US Cashew Milk Market Industry. Reports from the United States Department of Agriculture indicate a growing trend where 68% of Americans actively look for plant-based alternatives as healthier options compared to traditional dairy milk. The trend is attributed to an increasing awareness of the health benefits associated with nut-based milk, including lower cholesterol levels and better heart health.Additionally, the American Heart Association has supported this by emphasizing the importance of incorporating plant-based diets to prevent cardiovascular ailments. This growing awareness is leading to a greater demand for cashew milk products that are perceived as nutritious and beneficial, thus driving market growth.

Rise in Plant-Based Diet Adoption

The adoption of plant-based diets among Americans is significantly contributing to the expansion of the US Cashew Milk Market Industry. According to the Plant-Based Foods Association, plant-based food sales have surged, with a reported growth of 27% from the previous year, illustrating a clear shift in consumer behaviors. This shift reflects the increasing number of individuals choosing vegan or vegetarian lifestyles, particularly among younger demographics.The statistics show that approximately 6% of the U.S. population identifies as vegan, prompting food manufacturers to diversify their offerings, including cashew milk as a popular dairy substitute, which drives demand in this market.

Increased Lactose Intolerance Awareness

The rising awareness of lactose intolerance among the U.S. population is a significant driver for the US Cashew Milk Market Industry. Research conducted by the National Institutes of Health indicates that approximately 65% of the adult population experiences some degree of lactose malabsorption, leading many to seek lactose-free alternatives. As consumers become more aware of their intolerances, they are increasingly turning to plant-based milk options, such as cashew milk, which do not contain lactose.This phenomenon underscores the growing market demand for lactose-free products, with organizations such as the Lactose Intolerance Network providing educational resources to affected individuals, thereby promoting greater consumption of alternative milk products.

US Cashew Milk Market Segment Insights:

Cashew Milk Market Category Insights

The US Cashew Milk Market has displayed notable growth in recent years, driven by a rising trend towards dairy alternatives and plant-based diets among consumers. The Category segment is primarily divided into Conventional and Organic offerings, reflecting diverse consumer preferences that influence market dynamics. Conventional cashew milk typically appeals to the segment of the population seeking affordable and readily available options, emphasizing convenience without compromising on flavor and texture. On the other hand, the Organic category is gaining significant traction as health-conscious consumers increasingly prioritize quality ingredients and sustainable farming practices.The demand for Organic cashew milk stems from an awareness of the benefits associated with organic products, such as fewer preservatives and additives, a point which resonates with those who are environmentally conscious or have dietary restrictions. The growth of this segment is augmented by the increasing availability of certified organic products in mainstream retail channels and e-commerce platforms. This trend is particularly visible in the US, where the organic food market continues to expand, supported by consumer education and heightened awareness of well-being.Additionally, the Organic sub-segment tends to dominate in premium markets where consumers are willing to pay more for perceived quality, making it a valuable focus area for manufacturers. Both Conventional and Organic categories face the challenge of competition from other plant-based milk alternatives, yet they also benefit from growing market share in the beverage industry. As consumer preferences evolve, the US Cashew Milk Market is positioned to broaden its reach, supported by ongoing innovations and product development tailored to meet diverse dietary needs and preferences, ensuring that both Conventional and Organic options are well-represented in this dynamic landscape.This industry is likely to witness an increase in market entrants, with companies striving to differentiate their offerings while adhering to evolving health trends and sustainability concerns, creating a variety of opportunities as the segment continues to mature and adapt to the changing consumer landscape.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

US Cashew Milk Market Key Players and Competitive Insights:

The US Cashew Milk Market has been experiencing a significant rise in demand as consumers increasingly seek plant-based alternatives to traditional dairy products. This shift can be attributed to a growing awareness of dietary preferences, health considerations, and environmental impacts associated with dairy farming. The competitive landscape of this market consists of a range of companies that are innovating and diversifying their product offerings to capture the attention of health-conscious consumers. With the rise of veganism and lactose intolerance, brands have been investing in marketing campaigns aimed at highlighting the nutritional benefits of cashew milk, such as its creamy texture, low calorie count, and rich flavor profile. The competition is intensifying as more players enter the market, each attempting to differentiate themselves through unique formulations, packaging, and branding strategies. In this competitive environment, Milklife has carved out a notable presence in the US Cashew Milk Market. The company is recognized for its commitment to creating wholesome and nutritious products that cater to a variety of dietary needs. Milklife's strength lies in its natural ingredients and commitment to quality, ensuring that its cashew milk offers a rich, creamy taste without added sugars or preservatives. The brand has successfully established a loyal consumer base by promoting health benefits and leveraging sustainable practices in its production processes. Milklife continues to broaden its distribution channels, enhancing its presence in grocery stores and online platforms, thereby making it more accessible to a wider audience seeking healthy and plant-based milk options.Elmhurst 1925 has also made a significant impact in the US Cashew Milk Market, recognized for its innovative approach to plant-based milks. The company emphasizes its dedication to producing high-quality nut and seed milks that are minimally processed and rich in nutrients. Elmhurst 1925 offers several key products, including unsweetened cashew milk and flavored variants, which cater to the diverse preferences of consumers. Its strengths include a robust market presence, aided by strategic partnerships and strong consumer engagement through social media and targeted marketing campaigns. Elmhurst 1925 has also explored opportunities for mergers and acquisitions, expanding its product range and positioning itself as a leader in the plant-based beverage segment. The brand's focus on transparency, sustainability, and quality has resonated with consumers, enhancing its competitive edge in the US market.

Key Companies in the US Cashew Milk Market Include:

• Milklife


• Elmhurst 1925


• Vanilla Almond Milk


• Blue Diamond Growers


• Ripple Foods


• Almond Breeze


• Malk Organics


• Tres Leches


• Nutritional Brands


• Califia Farms


• Nutty Life


• Oatly


• So Delicious


• Silk

US Cashew Milk Market Industry Developments

The US Cashew Milk Market has recently seen significant activity with companies like Califia Farms and Ripple Foods expanding their offerings to meet increasing consumer demand for plant-based alternatives. In September 2023, Elmhurst 1925 launched a new cashew milk product line aimed at health-conscious consumers, reflecting a trend toward natural and organic ingredients. Furthermore, Milklife revealed plans for a strategic partnership with major retailers to increase the visibility of their cashew milk products in grocery stores, which is aligned with the overall growth in popularity of plant-based beverages.Additionally, the US market has witnessed robust growth in market valuation for companies involved in this niche, driven by a growing consumer shift towards healthier dietary options. Notably, Blue Diamond Growers, known for its Almond Breeze brand, reported a 15 percent increase in revenue in the last quarter, attributed partly to the rising interest in cashew milk. In terms of mergers and acquisitions, no significant recent deals involving the key players in the cashew milk sector have been publicly reported. In the last two to three years, there has been a marked increase in the availability of cashew milk products, reflecting a growing trend in plant-based dietary preferences among American consumers.

US Cashew Milk Market Segmentation Insights

Cashew Milk Market Category Outlook

Conventional

Organic

 

Report Scope:

Report Attribute/Metric Source:	Details
MARKET SIZE 2018	19.59(USD Million)
MARKET SIZE 2024	22.1(USD Million)
MARKET SIZE 2035	37.24(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	4.858% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Million
KEY COMPANIES PROFILED	Milklife, Elmhurst 1925, Vanilla Almond Milk, Blue Diamond Growers, Ripple Foods, Almond Breeze, Malk Organics, Tres Leches, Nutritional Brands, Califia Farms, Nutty Life, Oatly, So Delicious, Silk
SEGMENTS COVERED	Category
KEY MARKET OPPORTUNITIES	Rising demand for dairy alternatives, Health-conscious consumer trends, Sustainable sourcing and production, Innovative flavor offerings, Growing vegan and plant-based diets
KEY MARKET DYNAMICS	Growing plant-based diets, Rising lactose intolerance awareness, Increasing health consciousness, Sustainable sourcing demand, Innovative product offerings
COUNTRIES COVERED	US