Cashew Milk Industry is the Next Big Thing| Fortune


Posted November 11, 2019 by Smith_alberto1

The global cashew milk market size was valued at USD 37.8 million in 2018 and is expected to register a CAGR of 5.0% from 2019 to 2025.

 
The Global Cashew Milk Market size is expected to reach USD 53.2 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.0% from 2019 to 2025. Growing awareness regarding benefits of cashew milk such as weight loss, strengthening of immunity, beneficial for lever health, and antioxidant support. Moreover, it reduces the risk of heart diseases, lowers the cholesterol level, improves digestive system, and treats inflammation, thereby driving the demand for the product.

Know More @ http://bit.ly/2qJWqkQ


Growing penetration of cashew milk as a diary alternative is attributed to increasing number of individuals with lactose intolerance. Moreover, rising health consciousness among the consumers and growing demand for high nutrition and reduced fat beverages are expected to drive the market in the coming years. Companies are spending on research and development to distribute the product through emerging online channels and make it feasible for the consumers to consume it.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By GVR
Phone 1-415-349-0058
Business Address Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105 United States
Country United States
Categories Food
Tags cashew milk , cashew milk industry , cashew milk market
Last Updated November 11, 2019