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    US Cashew Milk Market

    ID: MRFR/F-B & N/19620-HCR
    100 Pages
    Garvit Vyas
    September 2025

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

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    US Cashew Milk Market  Infographic
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    US Cashew Milk Market Summary

    The US Cashew Milk market is projected to grow from 22.1 USD Million in 2024 to 37.2 USD Million by 2035, reflecting a robust growth trajectory.

    Key Market Trends & Highlights

    US Cashew Milk Key Trends and Highlights

    • The US Cashew Milk market is valued at 22.1 USD Million in 2024.
    • By 2035, the market is expected to reach 37.2 USD Million, indicating a strong upward trend.
    • The compound annual growth rate (CAGR) for the market from 2025 to 2035 is estimated at 4.86%.
    • Growing adoption of plant-based diets due to increasing health consciousness is a major market driver.

    Market Size & Forecast

    2024 Market Size 22.1 (USD Million)
    2035 Market Size 37.2 (USD Million)
    CAGR (2025-2035) 4.86%

    Major Players

    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 Trends

    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.

    Market Segment Insights

    US Cashew Milk Market Segment Insights:

    US Cashew Milk Market Segment Insights:

    Cashew Milk Market Category 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.

    Get more detailed insights about US Cashew Milk Market Research Report — Forecast till 2035

    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 market include

    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.

    Market Segmentation

    Outlook

    Report Scope

    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

    FAQs

    What is the expected market size of the US Cashew Milk Market in 2024?

    The US Cashew Milk Market is expected to be valued at 22.1 million USD in 2024.

    What is the projected market value for the US Cashew Milk Market by 2035?

    By 2035, the US Cashew Milk Market is projected to reach a value of 37.24 million USD.

    What is the expected compound annual growth rate (CAGR) for the US Cashew Milk Market from 2025 to 2035?

    The US Cashew Milk Market is expected to grow at a CAGR of 4.858% from 2025 to 2035.

    Which segments are present in the US Cashew Milk Market and their values in 2024?

    In 2024, the Conventional segment is valued at 14.5 million USD, while the Organic segment is valued at 7.6 million USD.

    What will the value of the Conventional segment in the US Cashew Milk Market be by 2035?

    The Conventional segment of the US Cashew Milk Market is expected to reach 24.0 million USD by 2035.

    What will be the expected market value for the Organic segment by 2035?

    The Organic segment is projected to be valued at 13.24 million USD by 2035.

    Who are the major players in the US Cashew Milk Market?

    Key players include Milklife, Elmhurst 1925, Blue Diamond Growers, Califia Farms, and Oatly.

    What are the expected growth trends for the US Cashew Milk Market?

    The market is expected to see growth driven by increasing consumer demand for plant-based options.

    How is the current global economic scenario impacting the US Cashew Milk Market?

    The ongoing global economic scenario may influence ingredient costs and consumer purchasing behavior within the market.

    What opportunities exist for new entrants in the US Cashew Milk Market?

    Emerging trends toward healthier lifestyles present significant opportunities for new entrants in the cashew milk sector.

    US Cashew Milk Market Research Report — Forecast till 2035 Infographic
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