Peanut Milk Market Outlook from 2025 to 2035

The peanut milk market is projected to grow significantly through 2035, following rising consumer demand for plant-based dairy alternatives. The market is set to record USD 321.5 million in 2025 to grow to USD 692.8 million by 2035 at an annual compound rate (CAGR) of 8% during the forecast period.

Increasing awareness regarding dairy intolerance and lactose intolerance is one of the leading reasons that people consume other plant milks. Peanut milk, a protein-rich food, is one of the recent fad foods as it is a natural product compared to almonds and milk. Hence, it is eco-friendly. However, peanut allergy continues to pose a threat, and manufacturers are investing in sophisticated processing to limit allergenic chemicals without sacrificing nutritional content and flavour suitability.

Metric Value
Industry Size (2025E) USD 321.5 million
Industry Value (2035F) USD 692.8 million
CAGR (2025 to 2035) 8.0%

Peanut milk can be ingested in various forms depending on the process technology and material. Unsweetened peanut milk is suitable for healthy consumers who seek foods with fewer calories, while sweetened and flavoured products like vanilla and chocolate flavours are also increasingly in demand among children and beverage flavour consumers.

Other than this, fortified peanut milk, where vitamins and minerals are supplemented, is also being ordered in a gigantic manner due to its higher nutritional level. Direct consumption, use in plant-based coffee beverages, and blending into plant yogurts and protein smoothies are the last applications of peanut milk. Trends of higher uptake towards vegan food lifestyle and functional foods are looking at this segment grow even more dominantly.

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Regional Market Trends

North America

The ideal market for peanut milk is in North America, following the surging plant-based trend and booming demand for dairy substitutes. In the USA and Canada, an unexpected spurt of retail purchasing of nut milk has occurred, with peanut milk an affordable and green substitute for almond and soy milk.

Major brands are introducing aggressively new peanut milk drinks, barista-style types among them that appeal to coffee drinkers. But stringent food safety protocols, including peanut allergens, put producers in the tricky position of having to create allergy risk-reducing processing technologies without losing flavour and nutritional content.

Europe

The European continent is the most appropriate market for peanut milk, and Germany, France, and the United Kingdom control local consumption. Local demand for sustainability and sustainable consumption is propelling demand for peanut milk as a substitute for resource-hungry dairy and even almond-based alternatives.

Flexitarian and vegan consumers, increasing in markets like the Netherlands and Sweden, are also propelling aggressive adoption of peanut milk. European food-tech companies are also investing in sophisticated technology extraction techniques to make the creaminess and texture of peanut milk such that it can be utilized as a viable substitute for traditional dairy applications.

Asia-Pacific

Based on the geography of the peanut milk market, the Asia-Pacific region will grow at the highest CAGR due to rising vegan and lactose-intolerant consumers in countries such as China, India and Japan. With a surplus of the world’s second-largest producer and consumer of peanuts, China is finding a way to convert peanut milk into an affordable substitute for other plant-based milks.

The growth in the demand for peanut milk was also supported by increasing urbanization and the consumption of vegetarian food in India, especially in dairy-free indigenous beverages such as lassi and tea. It has been raising problems of regulation of consumers and allergens labelling, problems upon which the market agents must invest in advertising information campaigns.

Challenges and Opportunities

Challenge: Peanut Allergy Concerns

Peanut allergies are still a key barrier to wide adoption of peanut milk. Food safety regulators stringently regulate labelling of allergens, generating yet more compliance costs for producers. While newer processing technologies are able to lessen allergenic proteins, overall consumer safety is still a faraway dream.

Technologies for protein modification and peanut-free production lines now join the company's list to investigate as measures of risk aversion and expansion of the consumer base of the market.

Opportunity: Future Green Dairy Substitute Demand

Peanut milk is positioned as a low-water and carbon footprint green alternative to cow and almond milk. Rising eco-awareness has led consumers to make the change towards actively zero- or low-environmental-footprint plant-based beverages. Businesses are emerging by riding the wave of the projected greener status of peanut milk and organic and fair-trade streams as brand values.

Shifts in the Peanut Milk Market from 2020 to 2024 and Future Trends 2025 to 2035

Peanut milk was in vogue between 2020 and 2024, with the current trend of allergen-free plant-based food and dairy substitutes. Their classic soy, almond, and oat varieties of current dairy-free food options brought in a new alternative on the lines of their earlier offerings. Environmental concern also propelled the increase in demand.

Long-term future directions for 2025 to 2035 will be led by innovative creativity in free-from allergen peanut milk variations, health-positioned fortified versions, and mass retail channel development. The way will be to pack and brand sustainably, with the companies reaping the benefits of cleaner manufacturing procedures and recyclable packaging designs.

Strategic partnerships between plant-based beverage companies and peanut farmers will also be addressed with the aim of establishing stable supply chains and improved product consistency. Overall, the peanut milk market will evolve much more rapidly, driven by shifting consumer trends and better plant-based dairy processing technology.

Market Shifts: A Comparative Analysis (2020 to 2024 vs. 2025 to 2035)

Market Shift 2020 to 2024
Regulatory Landscape Regulations on food safety related to labelling of allergens and the standardization of dairy substitutes.
Technological Advancements Improvements in emulsification methods have been made for a desirable texture and viscosity. Adding vitamins and minerals to fill nutrients made the products more appealing.
Consumer Preferences The surge of demand was due to increasing adoption of dairy alternatives. Plant-based options with clean-label ingredients were top of mind for consumers.
Distribution Channels They were primarily sold through supermarkets and health food stores. Sales increased on e-commerce platforms because of the ease of shopping.
Flavour Innovation Flavours are few, often limited to vanilla and chocolate. 103 natural sweetness from peanuts without added sugars.
Sustainability Practices New packaging cut plastic use, while some brands switched to recyclable cartons. Non-GMO peanuts became a focus on sourcing as well.
Production & Supply Chain Dynamics Production costs were affected by growth in peanut cultivation regions. Global logistics issues led to supply chain disruptions that impacted availability in the market.
Market Growth Drivers Market growth was driven by greater awareness of lactose intolerance and dairy-free diets. Plant-based drinks caught on in emerging economies.
Market Shift 2025 to 2035
Regulatory Landscape Governments impose more restrictions on the risk of cross-contamination in manufacturing sites. Peanut milk products gain consumer confidence after changes to allergen-friendly labelling rules.
Technological Advancements New microencapsulation technology improves nutrient absorption. Water is a precious resource ,and using sustainable processing methods in the textile manufacturing process minimizes the consumption of water, enabling eco-friendly production.
Consumer Preferences Nut or seed milk with functional additions, like protein, probiotics, omega-3s. Tailored peanut milk formulas due to personalized nutrition trends
Distribution Channels Taxes on Direct-to-Consumer (DTC) sales via brand-owned websites multiply. Brand loyalty in plant-based Subscription models increase popularity.
Flavour Innovation Fancy flavours like matcha, turmeric and chai become trendy. Digital ordering systems with customizable flavour profiles appeal to different consumer segments.
Sustainability Practices Carbon-neutral production measures become a key competitive differentiator. Soil health is supported through regenerative agriculture practices for sustainable peanut farming.
Production & Supply Chain Dynamics Big brands vertically integrate to stabilize the peanut supply. AI in inventory and supply chain management helps to manage inventory and minimize waste.
Market Growth Drivers Health-conscious millennial and Gen Z consumer demand fuels growth, and partnerships between peanut milk brands and coffee chains propel mainstream adoption.

Country-Wise Outlook

United States

The growth of the USA peanut milk market can be attributed to the growing preference for plant-based dairy alternatives among consumers. Market growth has also been propelled by the transition to allergen-friendly labelling formats as well as the presence of organic peanut milk in the market. Demand is expected to accelerate with the rise of functional peanut milk, packed with probiotics and adaptogens.

Peanut milk is increasingly being adopted by specialty coffee shops and smoothie bars. The retail sector, especially in online marketplaces, has reported robust traction, including the use of subscription-based models by brands. And increasing research into the gut-health benefits of peanut milk makes it a powerful contender in the plant-based dairy field.

Country CAGR (2025 to 2035)
USA 8.1%

United Kingdom

In the UK, the markets for peanut milk are growing, fuelled by increasing veganism and flexitarian diets. One reason why consumers are looking for alternatives to soy and almond milk is sustainability and allergy risks. Peanut milk brands have countered by highlighting non-GMO sourcing and organic certifications.

Market growth is driven by the expansion of plant-based milk in foodservice channels such as cafés and quick-service restaurants (QSRs). Government incentives promoting sustainable farming practices help boost the domestic peanut supply, which reduces the dependence on imports, bolstering more stability in supply chains.

Country CAGR (2025 to 2035)
UK 7.8%

European Union

It is expected that the peanut milk market in the European Union (EU) will grow as countries implement strict laws governing dairy alternatives and as companies invest more in sustainable packaging. The market is mostly in France, Germany, and the Netherlands with a strong focus on organic and clean label products.

The European dairy substitutes industry, which is estimated to be worth over €5bn, is also beginning to embrace peanut milk. Peanut milk’s retail footprint is also expanding through partnerships with supermarket chains, especially private-label ones.

Region CAGR (2025 to 2035)
European Union 8.0%

Japan

Japan's interest in the recent trend of health-centered and functional beverages has resulted in an increasing demand for peanut milk in the country. Peanut milk is most commonly made with calcium and protein, providing additional content, complementing a meal. Ready-To-Drink Convenient Peanut Milk Products: The availability of RTD peanut milk products has increased significantly in convenience stores and vending machines.

Peanut milk is gaining customers by appearing in classic Japanese drinks like matcha lattes and soy-based beverages. With the increase of interest in health, Japanese manufacturers are emphasizing fermentation methods to improve their nutritional compositions in addition to flavour.

Country CAGR (2025 to 2035)
Japan 7.9%

South Korea

Peanut milk is growing in South Korea, where innovations in fortified plant-based drinks are accelerating. Growing consumer demand for protein-rich dairy substitutes has prompted the trend among millennials and fitness enthusiasts. Peanut milk is also making its way into bakery and confectionery applications.

The rise of lactose-free and gut-friendly products has driven peanut milk adoption in premium grocery stores and wellness-focused retailers. The strong e-commerce ecosystem in South Korea also contributes to market penetration, as brands use social media marketing to reach younger crowds.

Country CAGR (2025 to 2035)
South Korea 8.2%

Segmentation Outlook - Peanut Milk Market

Growing Consumer Preference Drives Demand for Organic Peanut Milk

By Nature Market Share (2025)
Organic 58%

The growing health awareness and negative outlook on artificial ingredients in several dairy alternatives drive consumers toward organic peanut milk. Peanut milk is also popular among health-conscious individuals and those with dietary needs, as it is organic and produced without synthetic fertilizers or pesticides.

Brands such as Elmhurst and 137 Degrees are making strides with organic peanut milk containing natural sweeteners and vitamins. This subset will remain the leader in the market, thanks to the global growth of the organic food movement.

Peanut Milk Becomes a Key Ingredient in Beverages

By Sales Channel Market Share (2025)
Beverages 32%

Peanut milk has also made its way into the beverage sector, where it’s being used in plant-based protein shakes, smoothies, and flavoured drinks. Dairy brands such as Silk and Alpro are adding peanut milk to their roster to keep up with consumer demand for high-protein, non-dairy drinks.

Coffee chains and juice bars are using peanut milk, too, as a dairy-free option in lattes and cold brews. As the trend of plant-based beverages continues to grow, peanut milk is likely to be an important ingredient in the growing segment.

Premium Peanut Milk Gains Traction Among Health-Conscious Consumers

By Price Range Market Share (2025)
Premium 41%

Peanut milk is becoming popular in the premium segment as demand for high-quality, nutritious plant-based drinks rises. Premium peanut milk brands highlight added health benefits, like omega-3s, calcium and probiotics.

Pacific Foods And Rude Health, for example, are competitors of premium peanut milk made with organic and clean-label ingredients targeted at a small, yet growing market consisting of wellness and fitness buffs. This segment is growing as consumers are willing to pay more for quality and health benefits.

Competitive Outlook

The peanut milk industry is new; it has a mix of established food and beverage companies and new plant-based dairy alternatives. This market is poised to grow, with key players stimulating expansion with innovative product formulations, sustainability commitments, and strategic expansion.

Companies concentrate on fortifying with vitamins or minerals, making organic and non-GMOavailable, and using new packaging technologies to improve shelf life. The Fig and Tan are only two of the types of centers with their own brand of multinational corporations opportunities that can shape consumer preferences and dictate changes in the industry.

Market Share Analysis by Company

Company Name Estimated Market Share (%)
Elmhurst 1925 10-15%
Nestlé (Wunda) 8-12%
Yili Group 7-11%
Ripple Foods 5-9%
Vitasoy International 3-7%
Other Companies (combined) 50-60%

Key Company Offerings and Activities

Company Name Key Offerings/Activities
Elmhurst 1925 In 2024, Elmhurst expanded its Barista Edition Peanut Milk, designed for coffee professionals, featuring enhanced frothing capabilities. This expansion highlights the company’s commitment to dairy-free café solutions.
Nestlé (Wunda) In 2024, Nestlé introduced Wunda Peanut Milk in European markets, fortified with calcium and vitamin B12 to cater to consumers seeking nutritious, plant-based alternatives.
Yili Group Yili launched a high-protein peanut milk blend in China, integrating traditional Chinese health ingredients to appeal to local consumer preferences.
Ripple Foods In 2024, Ripple Foods unveiled a peanut-cashew milk hybrid, emphasizing its creamy texture and high protein content, aiming to attract fitness-conscious consumers.
Vitasoy International Vitasoy launched a shelf-stable peanut milk line targeting Southeast Asian markets, focusing on affordability and convenience for mass consumers.

Key Company Insights

Elmhurst 1925 (10-15%)

Elmhurst 1925, a clean-label peanut milk brand and a formidable force in the peanut milk sector, does not use artificial additives or gums. Company has presented itself as an industry leader for plant-based dairy alternatives with the use of the proprietary cold milling method that retains more nutrients and gives a smoother texture. Elmhurst’s growth strategy also involves partnerships with specialty coffee brands to promote its Barista Edition products.

Nestlé (Wunda) (8-12%)

Nestlé's Wunda brand is joining the peanut milk segment as it expands the plant-based dairy category. The brand specializes in fortified products, like peanut milk with calcium and vitamins, to attract health-minded customers. It's willing to put an extensive distribution muscle behind Wunda to expand its footprint across European and North American markets quickly.

Yili Group (7-11%)

Yili Group, one of China’s biggest dairy companies, has mined the peanut milk market as it continues the diversification of its plant-based portfolio. The company infuses the products with functional ingredients like Chinese herbs and protein boosts specific to meet the local consumer setting. Yili peanut milk products are available everywhere, including retail stores and e-commerce platforms.

Ripple Foods (5-9%)

Ripple Foods focuses on pea-based dairy, but has moved into peanut milk to reach a wider plant-based audience. The company’s peanut-cashew blend emphasizes the company’s focus on creamy, protein-rich, high-quality alternatives for consumers seeking better texture and flavour. Ripple Foods is also innovating using sustainable packaging and using formulations high in nutrition.

Vitasoy International (3-7%)

Leading Asian alternative beverage supplier Vitasoy launched peanut milk as a cheap dairy replacer in emerging markets. (They boast a long shelf life, ease of production and lower cost, which makes them accessible to a larger consumer base. Vitasoy is also doing well in Southeast Asia and China, where it has localized flavours and convenient packaging.

Other Significant Participants (Combined 50-60%)

In addition to these key players, the peanut milk market is supported by several emerging brands and regional manufacturers. They are leading companies driving innovative formulations, sustainability and consumer engagement. Notable players include:

  • Good Karma Foods
  • Alpro (Danone)
  • Califia Farms
  • The Bridge Bio
  • 137 Degrees
  • SunOpta
  • Pacific Foods

Frequently Asked Questions

What was the overall size of the peanut milk market in 2025?

The overall market size for the peanut milk market was USD 321.5 million in 2025.

How big is the peanut milk market expected to be in 2035?

The peanut milk market is expected to reach USD 692.8 million in 2035.

What will drive the demand for the peanut milk market during the forecast period?

The increasing demand for plant-based dairy alternatives, rising health consciousness among consumers, and growing lactose intolerance fuel the peanut milk market during the forecast period.

List the top 5 countries contributing to the peanut milk market?

The top 5 countries which drive the development of the peanut milk market are the USA, China, India, Germany, and the UK.

Which is the leading segment in the peanut milk market?

On the basis of distribution channel, supermarkets & hypermarkets are expected to command a significant share over the forecast period.

Table of Content
  1. Executive Summary
  2. Industry Introduction, including Taxonomy and Market Definition
  3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
  4. Global Market Demand Analysis 2020 to 2024 and Forecast 2025 to 2035, including Historical Analysis and Future Projections
  5. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035
    • Nature
    • Sales Channel
    • Price Range
    • Distribution Channel
    • Packaging
  6. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Nature
    • Conventional
    • Organic
  7. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Sales Channel
    • Food Processing Industry
    • Bakery
    • Confectionery
    • Ice-cream and Desserts
    • Beverages
    • Protein Bars
    • Cereals
    • Food Service Providers
    • Retail/ Household
    • Others
  8. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Price Range
    • Economic
    • Mid-range
    • Premium
  9. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Distribution Channel
    • Store-based Retailing
    • Hypermarkets
    • Supermarkets
    • Convenience Stores
    • Specialty Stores
    • HoReCa
    • Independent Small Groceries
    • Online Retailing
  10. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Packaging
    • Plastic & Glass Bottles
    • Pouches
    • Carton Packaging
    • Cans
  11. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Region
    • North America
    • Latin America
    • Western Europe
    • Eastern Europe
    • East Asia
    • South Asia Pacific
    • Middle East and Africa
  12. North America Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  13. Latin America Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  14. Western Europe Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  15. Eastern Europe Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  16. East Asia Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  17. South Asia Pacific Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  18. Middle East and Africa Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  19. Sales Forecast 2025 to 2035 by Nature, Sales Channel, Price Range, Distribution Channel, and Packaging for 30 Countries
  20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
  21. Company Profile
    • Elmhurst 1925
    • Nayagreen
    • Nut Brothers
    • Sunnysyrup Food
    • Rita Food and Drink Co., Ltd
    • Yinlu Foods Group
    • RITA Food & Drink Co., Ltd
    • Itac Professional
    • Lactalis South Africa
    • Tiger Brands

Peanut Milk Market Segmentation

By Nature:

  • Conventional
  • Organic

By Sales Channel:

  • Food Processing Industry
  • Bakery
  • Confectionery
  • Ice-cream and Desserts
  • Beverages
  • Protein Bars
  • Cereals
  • Food Service Providers
  • Retail/ Household
  • Others

By Price Range:

  • Economic
  • Mid-range
  • Premium

By Distribution Channel:

  • Store-based Retailing
  • Hypermarkets
  • Supermarkets
  • Convenience Stores
  • Specialty Stores
  • HoReCa
  • Independent Small Groceries
  • Online Retailing

By Packaging:

  • Plastic & Glass Bottles
  • Pouches
  • Carton Packaging
  • Cans

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

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