CompareMarketResearchRequest a sample
Home / Food and Beverage / Cashew Milk

Food and Beverage · Market report

Cashew Milk Market Size, Share and Forecast 2026-2036

The global cashew milk market is worth USD 538 mn in 2026 and is forecast to reach USD 1.5 bn by 2036, growing at a 11.0% CAGR. United States is the largest country market and Unsweetened is the largest by flavour segment.

USD 538 mnMarket size 2026
USD 1.5 bnForecast 2036
11.0%CAGR 2026-2036
United StatesLargest country

Request a free sample Jump to the forecast

Report price: Starts from USD 1,999

5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global cashew milk market is worth USD 538 mn in 2026 and is forecast to reach USD 1.5 bn by 2036, growing at a 11.0% CAGR. United States is the largest country market and Unsweetened is the largest by flavour segment.

ScopePlant-based milk made from cashew nuts and sold as a chilled or shelf-stable drink, including flavoured and unsweetened versions.
IndustryFood and Beverage
Value 2025USD 480 mn
Value 2026USD 538 mn
Value 2036USD 1.5 bn
CAGR 2026-203611.0%
Volume 2026189 million litres
Volume 2036485 million litres
Average price 2026USD 2.85 per litre
Report priceStarts from USD 1,999
PublishedNovember 2026

Request a free sample of this report

Cashew Milk market size and forecast, 2026-2036

Exhibit 1The global cashew milk market is forecast to grow from USD 538 mn in 2026 to USD 1.5 bn by 2036, more than doublingGlobal market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 11.0%
Cashew Milk market value, 2025 to 2036Market value by year. 2025: USD 480 mn; 2026: USD 538 mn; 2027: USD 597 mn; 2028: USD 662 mn; 2029: USD 735 mn; 2030: USD 816 mn; 2031: USD 906 mn; 2032: USD 1.0 bn; 2033: USD 1.1 bn; 2034: USD 1.2 bn; 2035: USD 1.4 bn; 2036: USD 1.5 bn. Compound annual growth rate 2026 to 2036: 11.0%.2025538 mn2026906 mn20311.5 bn203611.0% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 538 mn
2027USD 597 mn
2028USD 662 mn
2029USD 735 mn
2030USD 816 mn
2031USD 906 mn
2032USD 1.0 bn
2033USD 1.1 bn
2034USD 1.2 bn
2035USD 1.4 bn
2036USD 1.5 bn

Cashew Milk market segmentation

By flavour

Exhibit 2Unsweetened is the largest segment by flavour, with 38.0% of 2026 revenueEstimated share of 2026 global revenue, by flavour
Cashew Milk market share by flavour, 2026Share of 2026 revenue by flavour. Unsweetened: 38.0%; Original and sweetened: 32.0%; Vanilla: 18.0%; Chocolate and other: 12.0%.Unsweetened38.0%Original and sweetened32.0%Vanilla18.0%Chocolate and other12.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Unsweetened38.0%38.3%USD 204 mn11.1%
Original and sweetened32.0%28.2%USD 172 mn9.6%
Vanilla18.0%19.0%USD 97 mn11.6%
Chocolate and other12.0%14.5%USD 65 mn13.1%

By channel

Exhibit 3Supermarkets and hypermarkets adds the most revenue by channel, growing from USD 333 mn in 2026 to USD 849 mn by 2036Estimated revenue in USD by channel, 2026 and 2036 forecast
Cashew Milk market by channel, 2026 and 2036Revenue by channel in 2026 and 2036. Supermarkets and hypermarkets: USD 333 mn in 2026, USD 849 mn in 2036, change +155%; Online: USD 97 mn in 2026, USD 369 mn in 2036, change +281%; Specialty and natural stores: USD 65 mn in 2026, USD 172 mn in 2036, change +167%; Foodservice: USD 43 mn in 2026, USD 137 mn in 2036, change +219%.20262036 forecastChangeSupermarkets and hypermarkets+155%333 mn849 mnOnline+281%97 mn369 mnSpecialty and natural stores+167%65 mn172 mnFoodservice+219%43 mn137 mn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Supermarkets and hypermarkets62.0%55.6%USD 333 mn9.8%
Online18.0%24.1%USD 97 mn14.3%
Specialty and natural stores12.0%11.3%USD 65 mn10.3%
Foodservice8.0%9.0%USD 43 mn12.3%

By pack format

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Aseptic cartons46.0%43.0%USD 247 mn10.2%
Chilled cartons30.0%30.0%USD 161 mn11.0%
Bottles14.0%16.0%USD 75 mn12.5%
Single-serve and pouches10.0%11.0%USD 54 mn12.1%

By formulation

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Plain dairy-free milk55.0%49.0%USD 296 mn9.7%
Fortified with protein and calcium25.0%27.0%USD 134 mn11.9%
Barista and cooking blends20.0%24.0%USD 108 mn13.0%

By buyer motive

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Lactose intolerance and allergy34.0%31.0%USD 183 mn10.0%
Vegan and flexitarian diets38.0%40.0%USD 204 mn11.6%
General health and wellness28.0%29.0%USD 151 mn11.4%

Top 25 countries for cashew milk by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 90.5% of 2026 revenue and the 25 countries below together hold 98.0%.

Exhibit 4United States is the largest country market at USD 280 mn in 2026, and the three largest countries hold 67.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Cashew Milk market, ten largest countries in 2026Ten largest countries by 2026 revenue. United States: USD 280 mn, 52.0%; Canada: USD 43 mn, 8.0%; United Kingdom: USD 38 mn, 7.0%; Germany: USD 27 mn, 5.0%; Australia: USD 27 mn, 5.0%; France: USD 22 mn, 4.0%; India: USD 16 mn, 3.0%; Netherlands: USD 13 mn, 2.5%; Japan: USD 11 mn, 2.0%; Brazil: USD 11 mn, 2.0%.United States280 mn 52.0%Canada43 mn 8.0%United Kingdom38 mn 7.0%Germany27 mn 5.0%Australia27 mn 5.0%France22 mn 4.0%India16 mn 3.0%Netherlands13 mn 2.5%Japan11 mn 2.0%Brazil11 mn 2.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1United StatesUSD 280 mn52.0%USD 740 mn10.2%
2CanadaUSD 43 mn8.0%USD 119 mn10.7%
3United KingdomUSD 38 mn7.0%USD 114 mn11.8%
4GermanyUSD 27 mn5.0%USD 85 mn12.3%
5AustraliaUSD 27 mn5.0%USD 75 mn10.8%
6FranceUSD 22 mn4.0%USD 69 mn12.3%
7IndiaUSD 16 mn3.0%USD 73 mn16.3%
8NetherlandsUSD 13 mn2.5%USD 40 mn11.4%
9JapanUSD 11 mn2.0%USD 29 mn10.4%
10BrazilUSD 11 mn2.0%USD 37 mn13.0%
11ItalyUSD 6.6 mn1.2%USD 19 mn11.1%
12SpainUSD 5.6 mn1.1%USD 16 mn11.1%
13SwedenUSD 4.8 mn0.9%USD 14 mn11.1%
14MexicoUSD 4.1 mn0.8%USD 13 mn12.4%
15South KoreaUSD 3.4 mn0.6%USD 11 mn12.3%
16SwitzerlandUSD 3.0 mn0.6%USD 8.4 mn11.0%
17IsraelUSD 2.5 mn0.5%USD 7.2 mn11.0%
18SingaporeUSD 2.1 mn0.4%USD 6.1 mn11.0%
19IrelandUSD 1.8 mn0.3%USD 5.2 mn11.0%
20DenmarkUSD 1.6 mn0.3%USD 4.4 mn11.0%
21BelgiumUSD 1.3 mn0.2%USD 3.7 mn11.0%
22AustriaUSD 1.1 mn0.2%USD 3.2 mn11.0%
23New ZealandUSD 0.97 mn0.2%USD 2.8 mn11.0%
24NorwayUSD 0.81 mn0.1%USD 2.3 mn11.0%
25United Arab EmiratesUSD 0.70 mn0.1%USD 2.3 mn12.6%
Rest of worldUSD 11 mn2.0%USD 27 mn9.6%
Exhibit 5United States and United Kingdom account for 54% of the USD 989 mn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Cashew Milk market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 538 mn. United States: +USD 461 mn; United Kingdom: +USD 77 mn; Canada: +USD 76 mn; Germany: +USD 59 mn; India: +USD 57 mn; 20 other countries: +USD 243 mn; Rest of world: +USD 16 mn. Market value 2036: USD 1.5 bn.Market value 2026538 mnUnited States+461 mnUnited Kingdom+77 mnCanada+76 mnGermany+59 mnIndia+57 mn20 other countries+243 mnRest of world+16 mnMarket value 20361.5 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • Danone
  • Califia Farms
  • Forager Project
  • Blue Diamond Growers
  • Alpro

Group 2: Regional and specialist players

  • Elmhurst 1925
  • Pacific Foods
  • Malk Organics
  • Plenish
  • Rude Health
  • Nutty Bruce

Group 3: Emerging and niche players

  • Minor Figures

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the cashew milk market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 11.0% is calculated from the resulting values.

The market is divided by flavour, by channel, by pack format, by formulation, by buyer motive. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the cashew milk market?

The global cashew milk market is estimated at USD 480 mn in 2025 and USD 538 mn in 2026.

How fast will the cashew milk market grow?

It is forecast to reach USD 1.5 bn by 2036, a compound annual growth rate of 11.0% from 2026, an increase of USD 989 mn.

Which country is the largest market for cashew milk?

United States is the largest market by revenue at USD 280 mn in 2026, 52.0% of the global total. The three largest countries together hold 67.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 16.3% a year from 2026 to 2036.

Which cashew milk segment is largest?

In the by flavour split, Unsweetened is the largest segment with 38.0% of 2026 revenue.

Who are the leading cashew milk companies?

Global leaders include Danone, Califia Farms, Forager Project, Blue Diamond Growers.

Need the full report?

Request a sample to see the structure, tables and country detail.

Request a free sample

Related markets in Food and Beverage

← Carrageenan Cat Urinary Health Supplement →

All Food and Beverage markets →

Request a sample