Asia Pacific Walnut Milk Market Size, Share, and COVID-19 Impact Analysis, By Flavour (Original, Chocolate, Vanilla, Unsweetened, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online, And Others), and Asia Pacific Walnut Milk Market Insights, Industry Trend, Forecasts to 2035

Asia Pacific Walnut Milk Market Insights Forecasts to 2035

• The Asia Pacific Walnut Milk Market Size was estimated at USD 8.89 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 8.45% from 2025 to 2035
• The Asia Pacific Walnut Milk Market Size is Expected to Reach USD 21.69 Million by 2035

According to a Research Report Published by Spherical Insights & Consulting, the Asia Pacific Walnut Milk Market Size is Anticipated to reach USD 21.69 Million by 2035, Growing at a CAGR of 8.45% from 2025 to 2035. The Asia Pacific Walnut Milk market is fueled by health awareness, sustainability concerns, and demand for dairy alternatives. Despite challenges like high costs and allergies, rising interest in plant-based nutrition continues to fuel market expansion.

Market Overview

The Asia Pacific Walnut Milk market is the manufacturing, marketing, and distribution of plant milk made from walnuts. A smooth, nutrient-rich liquid is produced by blending walnuts with water and straining the combination to make walnut milk, a non-dairy beverage. It is prized for its high concentration of omega-3 fatty acids, antioxidants, vitamins, and minerals and can be used as a lactose-free, vegan substitute for conventional dairy milk. The growing consumer knowledge of its health advantages, including as cancer prevention, heart health, and weight management. Its nutritional composition, particularly its omega-3 content, makes it a potent dairy substitute. The personal care industry's demand, especially for anti-aging products, contributes to market growth.  However, two major obstacles are the expensive price of walnuts and walnut allergies.  Notwithstanding these limitations, it is anticipated that rising consumer desire for plant-based and health-conscious food items will propel additional market expansion.  The popularity of walnut milk is anticipated to increase gradually as long as health and wellness trends persist.

Report Coverage

This research report categorizes the market for Asia Pacific walnut milk market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Asia Pacific walnut milk market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Asia Pacific walnut milk market.

Driving Factors

The growing demand for dairy substitutes and increased health consciousness. Walnut milk appeals to consumers due to its sustainability, nutritional content, and compatibility for those who are lactose intolerant. Due to dietary changes and environmental concerns, nations like China and Japan are spearheading this trend.  Novel product variations, like fortified and sugar-free varieties, are increasing market appeal. The market's growth throughout the region is further reinforced by supportive government measures.

Restraining Factors

The high production costs and restricted availability of high-quality raw ingredients. Price volatility is increased by import dependence and seasonal walnut availability. High labor expenses and antiquated technologies hinder small-scale companies' ability to make a profit. All of these things make it more difficult for the area to satisfy the growing demand for high-quality walnut milk products.

Market Segmentation

The Asia Pacific walnut milk market share is classified into flavour and distribution channel.

• The original segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.

The Asia Pacific walnut milk market is segmented by flavour into original, chocolate, vanilla, unsweetened, and others. Among these, the original segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The growth is driven by the desire of consumers for minimally processed, clean-label products that preserve the natural flavor and health advantages of walnuts is what motivates this choice. Health-conscious people looking for lactose-free, vegan, and nutrient-dense dairy substitutes will find unflavored walnut milk appealing.

• The supermarket/hypermarket segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific walnut milk market is segmented by distribution channel into supermarkets/hypermarkets, specialty stores, convenience stores, online, and others. Among these, the supermarket/hypermarket segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental growth is due to the ease these retail layouts provide customers, the large shelf space, and the thoughtful product placement. Additionally, to accommodate a variety of customer tastes, supermarkets and hypermarkets frequently provide a large selection of walnut milk products. The rise of organized retail chains and the increasing presence of multinational brands in these outlets further enhance their leading position in the market.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Asia Pacific walnut milk Market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Simple Foods Co. Ltd. (137 Degrees)
• Elmhurst Milked Direct LLC
• Yili Group
• Hebei Yangyuan Zhihui Beverage Co. Ltd.
• Borges Agricultural & Industrial Nuts.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Europe, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Asia Pacific Walnut Milk market based on the below-mentioned segments:

Asia Pacific Walnut Milk Market, By Flavour

• Original
• Chocolate
• Vanilla
• Unsweetened
• Others

Asia Pacific Walnut Milk Market, By Distribution Channel

• Supermarkets/Hypermarkets
• Specialty Stores
• Convenience Stores
• Online
• Others