Cashew Milk Market: Global Industry Analysis and Forecast
The Cashew Milk Market was valued at US$ 49.40 million in 2023 and is projected to grow at a CAGR of 5.5% during the forecast period. Cashew milk, a popular non-dairy alternative, is produced by blending water and cashews through a series of processes including drying, soaking, sieving, extraction, and filtration. This plant-based beverage has gained significant traction owing to its creamy texture, nutritional profile, and suitability for lactose-intolerant and vegan consumers.