Market Research Future (MRFR) projects that the rising prevalence of lactose intolerance across the globe can ensure stellar growth for the Covid-19 Analysis on Cashew Milk Market 2020 over the evaluation period (2020-2023). We will provide COVID-19 Impact Analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak.
Key Drivers and Barriers
Advancing knowledge about the health benefits of cashew milk, including boosting of heart health, blood sugar control, iron deficiency anemia, skin health and eye health has fostered the market demand across the globe. Cashew milk provides high levels of proteins, reduces blood clotting, has anti-cancer agents, bolsters antioxidant defenses, and brings down the cholesterol level. Apart from this, the provision of easy digestion and high Omega 6 Fatty Acid level also increases the appeal of cashew milk among health-conscious individuals. With the escalating prevalence of lactose intolerance worldwide, sales of dairy alternatives have shot up considerably, with cashew milk being the frontrunner.
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Some of the highly reputed firms in the Global Cashew Milk Market are Danone S.A.(France), Plenish Cleanse Ltd. (UK), RITA Food & Drink Co., Ltd. (Vietnam), Califia Farms (US), Hain Celestial Group (US), Forager Project (US), Earth’s Own Food Company Inc. (Canada), Elmhurst Milked Direct LLC (US), Rude Health (UK), Pacific Foods (US), to mention a few.
Global Cashew Milk Market has been categorized as category, packaging type and distribution channel.
The key categories considered in the MRFR study are conventional as well as organic.
The packaging types mentioned in the report are cartons, bottles, and more.
Europe, Asia Pacific/APAC, North America, and the rest of the world/RoW are the top markets for cashew milk across the globe.
APAC can progress at the fastest rate in the upcoming years, with India and China standing at the vanguard of the market growth. The rapid market growth in the region is the result of the expanding health conscious populace and the mounting awareness among consumers about the various health benefits of cashew milk. Over the years, the popularity of flavored cashew milk has risen significantly in the region, with the rising availability of options like coffee, vanilla, cinnamon, coconut, and more.
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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.