Market Overview:

The Hazelnut Milk Market size is estimated to reach $141 Million by 2031, growing at a CAGR of 9.3% during the forecast period 2025-2031, according to a recent report published by IndustryARC, titled, “Hazelnut Milk Market – By Type (Sweetened and Unsweetened), By Source (Organic and Conventional), By Flavor (Original, Vanilla, Chocolate and Others), By Packaging (Bottles, Cartons and Others), By Distribution Channel (Online and Offline) and By Geography - Global Opportunity Analysis & Industry Forecast, 2025-2031”

The increasing consumer shift towards plant-based, lactose-free alternatives and the growing awareness of the health benefits of hazelnut milk, such as being low in carbohydrates and rich in essential nutrients. Additionally, the expanding vegan population are fueling demand for hazelnut milk.

North America Dominated the Market in 2024:

North America accounted for the largest share of 37% of the Hazelnut Milk Market in 2024 due to change in in consumer preferences from animal-based milk to plant-based alternatives which is driving increased demand for plant-derived products like hazelnut milk. According to the Good Food Institute’s State of the Industry report, nearly half of all U.S households purchased plant based milk at least once in 2023. 

Hazelnut Milk Market: Key Takeaways

Focus on Health & Wellness

The global shift towards health-conscious lifestyles amplified the demand for plant-based products including hazelnut milk. Consumers increasingly seek dairy alternatives due to lactose intolerance, dietary restrictions and the perception that plant-based options are healthier. Hazelnut milk, being naturally lactose-free and lower in carbohydrates compared to traditional dairy milk and is a preferred choice for those aiming to reduce calorie intake.

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Rise in Lactose Intolerance

According to the Association of Lactose Intolerant People, most people in Northern Europe suffer from lactose intolerance. With a substantial portion of the global population unable to digest lactose, hazelnut milk is a popular choice due to its creamy texture, nutty flavor and versatility. This demand is growing in regions like Asia-Pacific, where lactose intolerance prevalence is greater. In addition to being lactose-free, hazelnut milk is rich in vitamins and minerals, making it an appealing option for health-conscious consumers.

Scope of the Report: 

      Report Metric

                        Details

Base Year Considered

2024

Forecast Period

2025–2031

CAGR

9.3%

Market Size in 2031

$141 Million

Segments Covered

By Type, By Source, By Flavor, By Packaging, By Distribution Channel, and By Geography

 


Geographies Covered

North America (U.S, Canada and Mexico), Europe (Germany, France, UK, Spain, Italy, Netherlands, Denmark and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, New Zealand, Singapore and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of the World (Middle East and Africa)


Key Market Players

  1. Danone S.A.

  2. Oddlygood

  3. Plenish

  4. Elmhurst 1925

  5. Borges International

  6. Nutty life, LLC.

  7. Hazelicious

  8. Gefen Foods

  9. Pacific Foods of Oregon LLC

  10. Abafoods s.r.l.


Recent Developments:
  • In May 2024, Lactalis Canada launched Enjoy, a plant-based milk brand. One of the 6 new launches is unsweetened hazelnut milk. 
  • In September 2023, Hazelicious announced the launch of its line of Hazelnut Milk. Hazelicious Hazelnut Milk comes in two varieties – lightly sweetened and unsweetened.

Hazelnut Milk Market: Competitive Landscape

Key companies profiled in the Hazelnut Milk Market are Danone S.A., Oddlygood, Plenish, Elmhurst 1925, Borges International, Nutty life, LLC., Hazelicious, Gefen Foods, Pacific Foods of Oregon LLC, Abafoods s.r.l. and Others

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