Macadamia Milk Market - By Type , By Source , By Flavor , By Packaging , By Distribution Channel , By Geography - Opportunity Analysis & Industry Forecast, 2025-2031.

Report Code: FBR 0733 Report Format: PDF + Excel

Macadamia Milk Market Overview

The Macadamia Milk Market is projected to reach US$9.1 million by 2031, growing at a CAGR of 7.1% during the forecast period 2024–2030. Macadamia milk, a plant-based dairy alternative is gaining immense popularity due to the rising demand for vegan and lactose-free products. This growth is driven by increasing health consciousness, growing popularity of premium & specialty plant-based milk, expanding coffee culture, environmental sustainability concerns and innovations in flavor and packaging. The macadamia milk market is experiencing notable trends including the rise of barista-formulated blends. Barista-formulated blends are gaining popularity as macadamia milk's creamy texture and frothing capabilities make it a preferred choice in specialty coffee shops. As opposed to almond milk, for example, which tastes a little watered down, macadamia milk is richer and creamier. Another trend in the market is the social media marketing. Celebrities and influencers who turned vegan emphasize that plant-based milk, such as macadamia milk, have health as well as environmental benefits which drives up sales of these products.

Market Snapshot :

 

Macadamia Milk Market - Report Coverage:

The “Macadamia Milk Market Report - Forecast (2025-2031)” by IndustryARC, covers an in-depth analysis of the following segments in the Macadamia Milk Market.

Attribute Segment

By Type

  • Sweetened
  • Unsweetened

By Source

  • Organic
  • Natural

By Flavour

  • Original
  • Vanilla
  • Chocolate
  • Others

By Packaging Type

  • Bottles
  • Cartons
  • Others

By Distribution Channel

  • Online
  • Offline

By Geography

  • North America (U.S, Canada and Mexico)
  • Europe (Germany, France, UK,Spain, Italy, Netherlands, Denmark and Rest of Europe)
  • Asia-Pacific (China, Japan, India, South Korea, Australia, New Zealand, Singapore and Rest of Asia-Pacific)
  • South America (Brazil, Argentina, and Rest of South America)
  • Rest of the World (Middle East and Africa)

Key Takeaways

North America Leads the Market

North America leads the macadamia milk market, driven by high consumer demand for plant-based beverages, growing vegan and flexitarian populations, and strong coffee culture, especially in the United States. The region is home to key brands like Milkadamia, Elmhurst 1925, and Silk (Danone North America), which actively promote plant-based innovations. Additionally, increased consumer spending on premium and specialty dairy alternatives has further boosted market growth in the U.S. and Canada as vegan and eco conscious customers in the region prefer plant-based milk in their beverages. In January 2024, plant-based milk brand Milkadamia introduced its new organic artisan refrigerated line in Las Vegas. The company introduced the artisan recipe featuring pure-pressed macadamias and exquisite plant blends in five varieties such as Original Macadamia Milk, Unsweetened Macadamia Milk, Macadamia and Oat Milk, Macadamia and Coconut Milk and Macadamia and Almond Milk.

Unsweetened is the Largest Segment

The unsweetened segment is the largest in the Macadamia Milk Market due to growing health awareness among consumers. According to the Good Food Institute’s State of the Industry Report, plant-based milk sales reached $2.9 billion in 2023, with nearly 80% of U.S. households making repeat purchases of milk alternatives at retail. While the unsweetened version has a slightly thinner consistency, it boasts a pleasant natural sweetness and a mild, neutral flavor making it an excellent choice for smoothies and lattes. In January 2024, Milkdamia introduced its Organic Artisan Unsweetened Macadamia Milk, made with just filtered water, macadamias, organic citrus fiber, and sea salt and the product is free from added gums, natural flavors or pea protein.

Cartons are the Largest Segment in the Market

Cartons represent the largest segment in the Macadamia Milk Market in terms of packaging due to their convenience, durability and eco-friendly appeal. Consumers favor cartons for their lightweight and resealable propertieswhich enhance usability and storage.According to the European Consumer Packaging Perceptions Study 2024, conducted by Pro Carton, 87% of consumers in Europe prefer carton packaging when buying products. Cartons also provide superior protection against light and air, ensuring the product’s freshness and extending its shelf life. The growing emphasis on sustainability has further boosted the adoption of carton packaging, as they are widely recyclable and made from renewable materials. Cartons are versatile, accommodating both refrigerated and shelf-stable plant-based milk varieties, making them a preferred choice for retailers and consumers alike. With increasing consumer preference for environmentally responsible packaging, the dominance of cartons in the almond milk market is expected to continue.

Health and Wellness Benefits to Drive the Market

The growing focus on health and wellness is a significant driver of the macadamia milk market, as consumers increasingly seek dairy-free and lactose-free alternatives due to rising cases of lactose intolerance and dairy allergies. Macadamia milk is also gaining popularity because Macadamia nuts are an all-around great source of protein. These nuts are prized not only for their rich flavor but also for their impressive nutritional profile. According to The World Macadamia Organisation (WMO), macadamia nuts have the highest level of monounsaturated fats (MUFAs) of all nuts in the form of Omega-9 and Omega-7 which are known to reduce inflammation improve heart function through lowering of bad cholesterol levels and support overall wellness. Additionally, they are packed with antioxidants and are notably high in flavonoids, plant compounds known for their anti-inflammatory properties. As per House of Rasda, studies suggest that the oleic acid in macadamia nuts may improve brain health while their fibre content is beneficial for digestive health.

Macadamia Milk Market

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Key Market Players

Global Almond Extract top 10 companies include:

  1. Danone S.A
  2. Milkadamia Pty Ltd
  3. Kikkoman Corporation
  4. Laird Superfood, Inc.
  5. Lechia
  6. Simple Foods Co., Ltd.
  7. PlantBaby, inc.
  8. Giraf Limited
  9. The Milk Shed
  10. Want Want Holdings Limited

Scope of the Report:

Report Metric Details

Base Year Considered

2024

Forecast Period

2025–2031

CAGR

7.1%

Market Size in 2030

US$ 9.1 million

Segments Covered

By Type, By Source,By Flavour, By Packaging, By Distribution Channel, and By Geography

 

Geographies Covered

North America (U.S, Canada and Mexico), Europe (Germany, France, UK, Spain, Italy, Netherlands, Denmark and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, New Zealand, Singapore and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of the World (Middle East and Africa)

Key Market Players

  1. Danone S.A
  2. Milkadamia Pty Ltd
  3. Kikkoman Corporation
  4. Laird Superfood, Inc.
  5. Lechia
  6. Simple Foods Co., Ltd.
  7. PlantBaby, inc.
  8. Giraf Limited
  9. The Milk Shed
  10. Want Want Holdings Limited

 

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  1. Cashew Milk Market- Market Overview
          1.1 Definitions and Scope
  2. Macadamia Milk Market - Executive Summary
          2.1 Key Trends by Type
          2.2 Key Trends by Flavour
          2.3 Key trends by Packaging
          2.4 Key Trends by Distribution Channel
          2.5Key Trends by Geography
  3. Macadamia Milk Market – Comparative analysis
          3.1 Market Share Analysis- Major Companies
          3.2 Product Benchmarking- Major Companies
          3.3 Top 5 Financials Analysis
          3.4 Patent Analysis- Major Companies
          3.5 Pricing Analysis (ASPs will be provided)
  4. Macadamia Milk Market - Startup Companies Scenario 
          4.1 Major startup company analysis:
                    4.1.1 Investment
                    4.1.2 Revenue
                    4.1.3 Product portfolio
                    4.1.4 Venture Capital and Funding Scenario
  5. Macadamia Milk Market – Industry Market Entry Scenario Premium 
          5.1 Regulatory Framework Overview
          5.2 New Business and Ease of Doing Business Index
          5.3 Successful Venture Profiles
          5.4 Customer Analysis – Major companies
  6. Macadamia Milk Market - Market Forces
          6.1 Market Drivers
          6.2 Market Constraints
          6.3 Porters Five Force Model
                    6.3.1 Bargaining Power of Suppliers
                    6.3.2 Bargaining Powers of Buyers
                    6.3.3 Threat of New Entrants
                    6.3.4 Competitive Rivalry
                    6.3.5 Threat of Substitutes
  7. Macadamia Milk Market – Strategic Analysis
          7.1 Value/Supply Chain Analysis
          7.2 Opportunity Analysis
          7.3 Product/Market Life Cycle
          7.4 Distributor Analysis – Major Companies
  8. Macadamia Milk Market – By Type (Market Size -US$ Million/Billion)
      8.1 Sweetened 
      8.2 Unsweetened 
  9. Macadamia Milk Market – By Source (Market Size -US$ Million/Billion)
      9.1 Conventional
      9.2 Organic
  10.Macadamia Milk Market – By Packaging Type (Market Size - US$ Million/Billion)
      10.1 Bottles 
      10.2 Cartons
      10.3 Others
  11. Macadamia Milk Market – By Flavour (Market Size - US$ Million/Billion)
        11.1Original
      11.2 Vanilla
        11.3 Chocolate 
        11.4 Others
  12. Macadamia Milk Market – By Distribution Channel (Market Size - US$ Million/Billion)
       12.1 Online
      12.2 Offline
            12.2.1 Supermarket & Hypermarket
                  12.2.2 Speciality Stores
                  12.2.3 Others
  13. Macadamia Milk Market - By Geography (Market Size - US$ Million/Billion)
      13.1 North America
              13.1.1 USA
              13.1.2 Canada
              13.1.3 Mexico
      13.2 Europe
              13.2.1 UK
              13.2.2 Germany
              13.2.3 France
              13.2.4 Italy
              13.2.5 Spain
              13.2.6 Netherlands
              13.2.7 Denmark
              13.2.8 Rest of Europe
      13.3 Asia-Pacific
              13.3.1 China
              13.3.2 Japan
              13.3.3 India
              13.3.4 South Korea
              13.3.5 Australia
              13.3.6 New Zealand
              13.3.7 Singapore
              13.3.8 Rest of APAC
      13.4 South America
              13.4.1 Brazil
              13.4.2 Argentina
              13.4.3 Rest of South America
      13.5 Rest of the World
              13.5.1 Middle East
              13.5.2 Africa
  14. Macadamia Milk Market – Entropy
      14.1 New Product Launches
      14.2 M&As, Collaborations, JVs, and Partnerships
  15. Macadamia Milk Market – Industry/Segment Competition Landscape
      15.1 Company Benchmarking Matrix – Major Companies
      15.2 Market Share at Global Level – Major Companies
      15.3 Market Share by Key Region – Major Companies
      15.4 Market Share by Key Country – Major Companies
      15.5 Market Share by Key Application – Major Companies
  16. Macadamia Milk Market – Key Company List by Country Premium
  17. Macadamia Milk Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
      17.1 Danone S.A
      17.2 Milkadamia Pty Ltd
      17.3 Kikkoman Corporation
      17.4 Laird Superfood, Inc.
      17.5 Lechia
      17.6 Simple Foods Co., Ltd.
      17.7 PlantBaby, inc.
      17.8 Giraf Limited
      17.9 The Milk Shed
      17.10 Want Want Holdings Limited 
  
“Financials to the Private Companies would be provided on best-effort basis.”
 
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The Macadamia Milk Market is projected to grow at a CAGR of 7.1% during the forecast period of 2025-2031.

The Macadamia Milk Market size is estimated to be $5.7 million in 2024 and is projected to reach $9.1 million by 2031

Key players include Danone S.A, Milkadamia Pty Ltd, Kikkoman Corporation, Laird Superfood, Inc., Lechia and Others

Major trends include the rise of barista-formulated blends and growing influence of social media are some of the major Macadamia Milk Market trends in the industry which will create growth opportunities for the market during the forecast period.

The increasing focus on health and wellness, growing popularity of veganism, rising demand for plant-based beverages, growing consumer demand for dairy alternatives and rising cases of lactose intolerance are driving the Macadamia Milk Market growth.