Almond milk is an emulsion of blanched acacia, almond, water, and sugar. The beverage is lactose-free and has fewer calories, phosphorus, and sugar as compared to dairy-based milk. Almond milk is an excellent source of vitamin D and E and offers several health benefits, such as strengthening muscles and bones, maintaining heart health and blood sugar levels, and weight management. It is extensively used in the food and beverage (F&B) and personal care industries across the globe. Currently, almond milk is available in different flavors and packaging, including vanilla, plain, and mango.
The almond milk market is primarily driven by the rising health consciousness among individuals and the increasing cases of hypercholesterolemia and lactose intolerance across the globe. Since almond milk is plant-based, it is witnessing signficant demand among the vegan population. This, along with the steadily increasing inclination among individuals toward a vegan diet, is acting as another major growth-inducing factor. Moreover, the extensive utilization of almond milk in the beauty and personal care industry is contributing to the market growth. In line with this, almond milk forms one of the key ingredients in the formulations of hair and skincare products, which is facilitating its demand across the industry. Other factors, such as the easy product availability in convenient packaging solutions at affordable price points, significant expansion in the e-commerce sector and proliferating online retail channels offering a wide range of product variants and the rising consumer expenditure capacities, are creating a positive outlook for the market.
The report provides a techno-commercial roadmap for setting up a almond milk manufacturing plant. The study covers all the requisite aspects that one needs to know while making a foray into the almond milk industry. This ranges from macro overview of the market to micro details of the industry performance, key success and risk factors, manufacturing requirements, project cost, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the almond milk industry.
The project report covers the following aspects of the almond milk market:
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
3.1 Market Scenario
3.2 Raw Material Requirements
3.3 Income Projections
3.4 Expenditure Projections
3.5 Profit Analysis
4 Global Almond Milk Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Breakup by Segment
4.5 Market Breakup by Region
4.6 Price Trends
4.6.1 Raw Material Price Trends
4.6.2 Almond Milk Price Trends
4.6.3 Product Margins
4.7 Market Forecast
5 Almond Milk Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Project Details, Requirements and Costs Involved
6.1 Land, Location and Site Development
6.1.1 Overview of Land Location
6.1.2 Project Planning and Phasing of Development
6.1.3 Environmental Impacts
6.1.4 Land Requirement and Expenditure
6.2 Plant Layout
6.3 Plant Machinery
6.3.1 Machinery Requirements and Costs
6.3.2 Machinery Suppliers
6.3.3 Machinery Pictures
6.4 Raw Materials
6.4.1 Raw Material Requirements
6.4.2 Raw Material Procurement
6.4.3 Raw Material Expenditure
6.4.4 Raw Material Suppliers
6.4.5 Raw Material and Final Product Pictures
6.5 Packaging Requirements and Expenditures
6.6 Transportation Requirements and Expenditures
6.7 Utilities Requirements and Expenditures
6.8 Manpower Requirements and Expenditures
7 Loans and Financial Assistance
8 Project Economics
8.1 Capital Cost of the Project
8.2 Operating Expenses
8.3 Expenditure Projections
8.4 Income Projections
8.5 Product Pricing and Margins
8.6 Taxation
8.7 Depreciation
8.8 Financial Analysis
8.8.1 Liquidity Analysis
8.8.2 Profitability Analysis
8.8.2.1 Payback Period
8.8.2.2 Net Present Value
8.8.2.3 Internal Rate of Return
8.8.2.4 Profit and Loss Account
8.8.3 Uncertainty Analysis
8.8.4 Sensitivity Analysis
9 Regulatory Procedures and Approval
10 Key Success and Risk Factors
List of Figures
Figure 1: Global: Almond Milk Market: Major Drivers and Challenges
Figure 2: Global: Almond Milk Market: Value Trends (in Million US$), 2016-2021
Figure 3: Global: Almond Milk Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 4: Global: Almond Milk Market: Breakup by Segment (in %), 2021
Figure 5: Global: Almond Milk Market: Breakup by Region (in %), 2021
Figure 6: Almond Milk Raw Materials: Price Trends, 2016 & 2021
Figure 7: Almond Milk: Price Trends, 2016 & 2021
Figure 8: Almond Milk: Margins Across Various Stages of the Supply Chain
Figure 9: Almond Milk Manufacturing Plant: Breakup of Costs
Figure 10: Almond Milk Price Structure
Figure 11: Almond Milk: Manufacturing Process Flow
Figure 12: Almond Milk: Manufacturing Process: Conversion Rate of Feedstocks
Figure 13: Almond Milk Manufacturing Plant Layout
List of Tables
Table 1: Almond Milk Manufacturing Plant: Raw Material Requirements
Table 2: Almond Milk Manufacturing Plant: Project Planning
Table 3: Almond Milk Manufacturing Plant: Phasing of Development
Table 4: Almond Milk Manufacturing Plant: Environmental Impacts During Construction Phase
Table 5: Almond Milk Manufacturing Plant: Environmental Impacts During Operation Phase
Table 6: Almond Milk Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Almond Milk Manufacturing Plant: Costs Related to Machinery
Table 8: Almond Milk Manufacturing Plant: List of Machinery Suppliers
Table 9: Almond Milk Manufacturing Plant: Costs Related to Raw Materials
Table 10: Almond Milk Manufacturing Plant: List of Raw Material Suppliers
Table 11: Almond Milk Manufacturing Plant: Costs Related to Packaging
Table 12: Almond Milk Manufacturing Plant: Costs Related to Utilities
Table 13: Almond Milk Manufacturing Plant: Costs Related to Salaries and Wages
Table 14: Almond Milk Manufacturing Plant: Capital Costs
Table 15: Almond Milk Manufacturing Plant: Operating Costs
Table 16: Almond Milk Manufacturing Plant: Taxation
Table 17: Almond Milk Manufacturing Plant: Depreciation
Table 18: Almond Milk Manufacturing Plant: Income Projections
Table 19: Almond Milk Manufacturing Plant: Expenditure Projections
Table 20: Almond Milk Manufacturing Plant: Liquidity Analysis Without Considering the Income Tax Liability
Table 21: Almond Milk Manufacturing Plant: Liquidity Analysis on Considering the Income Tax Liability
Table 22: Almond Milk Manufacturing Plant: Profitability Analysis Without Considering the Income Tax Liability
Table 23: Almond Milk Manufacturing Plant: Profitability Analysis on Considering the Income Tax Liability
Table 24: Almond Milk Manufacturing Plant: Profit and Loss Account
Table 25: Almond Milk Manufacturing Plant: Discount Factor Rate
Table 26: Almond Milk Manufacturing Plant: Sensitivity Analysis
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