DUBLIN /PRNewswire/ — The “Almond Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” report has been added to  ResearchAndMarkets.com’s offering.

The global almond milk market has witnessed substantial growth, reaching $8.9 billion in 2022, and is expected to expand even further. The market is projected to reach $20.3 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 13.6% during the forecast period from 2023 to 2028.

Market Overview

Almond milk, made from an emulsion of blanched almonds, acacia, sugar, and water, has gained significant popularity as a lactose-free, low-calorie alternative to conventional milk. It is not only rich in vitamins E and D but also offers numerous health benefits, including heart health, bone and muscle strengthening, blood sugar level maintenance, and support for weight management.

These qualities have made almond milk a sought-after product in the food and beverage (F&B) and personal care industries worldwide. The market offers a variety of packaging and flavors, including plain, vanilla, mango, and chocolate.

Key Market Drivers

Several factors are contributing to the growth of the global almond milk market:

1. Rising Cases of Lactose Intolerance and Hypercholesterolemia: The increasing prevalence of lactose intolerance and hypercholesterolemia is driving demand for almond milk as a suitable dairy alternative.
2. Growing Health Consciousness: As individuals become more health-conscious, they are turning to plant-based options like almond milk. This trend is particularly strong among the vegan population.
3. Expansion into Personal Care: The personal care industry, influenced by changing lifestyles and rising incomes, is incorporating almond milk-based products into their offerings.
4. E-commerce Growth: With the growth of the e-commerce sector, leading manufacturers are offering almond milk products through online distribution channels, offering convenience and unique flavors to consumers.

Market Segmentation

The global almond milk market is segmented based on several key factors:

• Type: Plain and flavored.
• Category: Organic and conventional.
• Packaging Type: Carton, glass, and others.
• Application: Beverages, frozen desserts, personal care, and others.
• Distribution Channel: Hypermarkets and supermarkets, convenience stores, online stores, and others.
• Region: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.

Key Players

Key players in the global almond milk market include Blue Diamond Growers, Califia Farms LLC, Daiya Foods Inc., Earth’s Own Food Company Inc., Hain Celestial Group, Hiland Dairy Foods, Malk Organics LLC, Pacific Foods of Oregon LLC, Sanitarium, SunOpta Inc., and The WhiteWave Foods Company, among others.

Key Questions Answered in This Report

1. What was the size of the global almond milk market in 2022?
2. What is the expected growth rate of the global almond milk market during 2023-2028?
3. What are the key factors driving the global almond milk market?
4. What has been the impact of COVID-19 on the global almond milk market?
5. What is the breakup of the global almond milk market based on the type?
6. What is the breakup of the global almond milk market based on the category?
7. What is the breakup of the global almond milk market based on packaging type?
8. What is the breakup of the global almond milk market based on the application?
9. What is the breakup of the global almond milk market based on the distribution channel?
10. What are the key regions in the global almond milk market?
11. Who are the key players/companies in the global almond milk market?

Key Attributes:

Report Attribute	Details
No. of Pages	149
Forecast Period	2022 – 2028
Estimated Market Value (USD) in 2022	$8.9 Billion
Forecasted Market Value (USD) by 2028	$20.3 Billion
Compound Annual Growth Rate	14.7 %
Regions Covered	Global

For more information about this report visit https://www.researchandmarkets.com/r/5lax1q

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

SOURCE Research and Markets

LOS ANGELES /PRNewswire/ — Today, IN THE BLACK NETWORK (ITBN), a streaming service that highlights Black voices and original stories that are culturally significant and relatable for all audiences, announced a partnership with blk., the only functional beverage infused with fulvic and humic acid, as the official sponsor of ITBN’s new engaging talk show, CROWNED. Featuring lively hosts Vivica A. Fox, Syleena Johnson, Chanel Nicole Scott and Kendra G., blk.‘s partnership will power the wonderful hosts, guests, and crew with the best functional beverage on the market.

“Our goal is to empower people to achieve optimal vitality and longevity. And so, just a few short years ago, I sat in our newly opened office with my two sister co-founders and we built blk. from the ground up to fulfill this mission,” said blk. CEO Sara Bergstein. “We pioneered the expansion of our dark water amidst many naysayers but we persevered and thrived. I am excited for blk. to be a part of Crowned. I’m inspired by what our Hosts have done in their lives, and their decision to share their views with the world.”

“I am grateful for the opportunity for blk. to become the official sponsor of CROWNED. Their mission and business model aligns with ours at ITBN and we look forward to promoting both the show and the brand on a weekly basis,” said In The Black Network’s CEO and Founder James DuBose.

Powered by Brightcove, ITBN also recently announced their partnerships with MERGETV, a faith-based entertainment platform, and Homestead Entertainment, a global distribution company focused on highlighting people of color, to bring over 800+ film titles and scripted series to the AVOD platform. Launching October 2, the premiere-free network will stream on a dedicated app that is available for download on iOS, Android devices, Apple TV, YouTube ROKU, LG and Samsung media players.

ABOUT IN THE BLACK NETWORK
IN THE BLACK NETWORK (ITBN) is an AVOD streaming service that highlights Black voices and original stories that are culturally significant and relatable for all audiences. With an expansive collection of Black-focused entertainment, viewers can access multi-genre content from Black creators, including sports, music, scripted, drama, talk, kids/family, feature films and more. The platform’s media library contains an extended list of fan-favorites from established studios and distributors, as well as a selection of content from the vault of Fox Television Stations: Brutally Honest with Jasmine Brand, CheMinistry, The Score, Worth a Conversation with Jeezy, Kitchen Talk with Maino, and Crockett’s Corner with Ray Crockett. In addition, ITBN produces original entertainment that further uplifts Black culture and pride. The premiere-free network streams on a dedicated app that is available for download on iOS, Android devices, Apple TV, YouTube ROKU, LG and Samsung media players.

ABOUT blk. 
blk. is a pure water infused with Fulvic Acid through our patented process called “Fulvic Fusion™”. It’s a soft water and smooth on the palette. blk. tastes just like premium water, but has more minerals and health benefits than any other water or functional beverage on the market.

SOURCE IN THE BLACK NETWORK

LOS ANGELES /PRNewswire/ — REIGN Storm, the leading zero-sugar performance energy drink, unveiled today their official partnership with the Association of Pickleball Players (APP Tour), the first and only tour officially sanctioned by USA Pickleball.

The partnership between REIGN Storm and APP is set to finalize just in time for this weekend’s Atlanta Open, held at Spalding County Pickleball Complex.

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“We’re excited to welcome REIGN Storm to the APP Family as our Official Energy Drink partner,” said Ryan McSpadden, APP Chief Revenue Officer. “Pickleball is a sport that truly brings the energy, and APP Tour events showcase that energy to the fullest – making REIGN Storm the perfect partner for our tour.”

REIGN Storm is a ZERO SUGAR, low calorie energy drink designed to give those with active lifestyles a guilt-free ‘better me’ energy surge. Offered in a 12oz slim line can, REIGN Storm is packed with a plant-based energy blend that helps accelerate metabolism while providing immunity support.

“The REIGN family is incredibly excited to be partnering up with the APP Tour,” added Dan McHugh, REIGN Storm Chief Marketing Officer. “This partnership will allow for new avenues to be created in fueling the best athletes in the world. REIGN Storm is dedicated to enabling all athletes to consistently be at their best.”

About REIGN Storm
REIGN Storm contains ZERO sugar, just 10 calories, 200mg of plant-based caffeine is packed with B vitamins, Biotin and an immunity support blend containing Zinc, Vitamin A and C. Available in four amazing flavors: Valencia Orange, Kiwi Blend, Peach Nectarine, and Harvest Grape. No added preservatives, no artificially sourced flavors or colors, and no high fructose corn syrup. Harness the power of great tasting clean energy and help take the world by storm. Visit your local retailer to try one today and make sure to follow on Instagram @reignbodyfuel … REIGN Storm is available in the US, Canada, Caribbean, Brazil, Chile, UK, and a number of European countries; ingredients and flavors featured in the above description vary for countries outside of the US. Please visit www.ReignBodyFuel.com for more information

About APP Pickleball Tour
Founded in 2019, the Association of Pickleball Players (APP) serves professionals, senior professionals and amateurs in the fastest growing sport in the USA. The first and only tour officially sanctioned by USA Pickleball, the 2023 APP Tour slate has 16 announced tournament stops, in addition to International and Collegiate Series events. The APP also prides itself on developing the next generation of pickleball champions through its Next Gen Series and other youth initiatives. To stay updated on the APP, visit theapp.global and follow us on Instagram, Twitter, TikTok, Facebook and LinkedIn. 

SOURCE Reign Storm