As a result of its dietary, physiological, and sensory characteristics, plant-based cashew milk is often used as a substitute for animal milk. Plant-based milk may be obtained from various sources such as oats, almonds, cashew, coconut, and rice, which have proper sources of lipids, proteins, and oils. The rise of plant-based dairy replacements may be linked to a variety of factors, which includes lactose intolerance, sensitivity to milk protein, hypercholesterolemia, and calorie consumption. Plant-based dairy has recently gained popularity among people, who are switching towards vegan foods. Plant-based milk substitute demand is increasing globally because it can provide a cost-effective option to low-income groups in developing countries and locations where cow's milk availability is limited. Many people throughout the world have cow milk allergies, calorie concerns, lactose intolerance, and an increasing preference for vegan diets, which has encouraged consumers to pick milk alternatives such as cashew milk, almond milk, soy milk, and others. Plant-based or non-dairy milk substitutes are a rapidly developing segment in the emerging food product development category of functional and specialty beverages around the world. This rise in demand is expected to benefit the cashew milk market in the post-pandemic phase as well. People are becoming more health-conscious and seeking alternatives to traditional dairy products, which has increased demand for plant-based milk, especially cashew milk. The pandemic of COVID-19 has accelerated the shift toward better lifestyles and plant-based diets. The COVID-19 pandemic has contributed to an overall rise in the demand for plant-based food & beverages. In addition, cashew milk offers minerals like copper and magnesium, which contribute to a variety of bodily functions such as enzyme activity, bone health, and nerve function. It consists of significant amounts of B vitamins, such as thiamine, riboflavin, and niacin, which play crucial roles in energy production and preserving overall well-being. Cashew milk is additionally an excellent source of vital nutrients. This composition makes cashew milk a favorable alternative for people concerned about maintaining cardiovascular health and lowering the danger of stroke and coronary heart disease. Instead, it is rich in heart-healthy unsaturated fats, especially oleic acid, which is also found in olive oil. Unlike dairy milk, cashew milk does not contain cholesterol and is naturally low in saturated fats. One of the major benefits of cashew milk is its absence of lactose, making it an appropriate choice for those with lactose intolerance or dairy allergies. Cashew milk provides a range of nutritional advantages and is specifically popular amongst people who are lactose intolerant or prefer a plant-based lifestyle. The global cashew milk market was valued at $61.9 million in 2022, and is projected to reach $154.9 million by 2032, growing at a CAGR of 10.1% from 2023 to 2032.
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