Market Overview of The Global Plant-Based Beverages Market:
The Plant-Based Beverages Market size is expected to grow from USD 18.8 Billion in 2022 to USD 47 Billion by 2030, at a CAGR of 12.1% during the forecast period.
Plant-Based Beverages (PBB) are the drinks or milks that are processed from seeds, grain or many other plant materials, where the plant materials are extracted into water to form the desired drink. Today Plant-Based Beverages (PBB) are acting as the main substitutes for cow's milk for people who have dietary restrictions, either due to their or health or due to preference for plant foods, but the most primary reason behind the popularity of PBB is people’s awareness regarding benefits of plant-based products over the animal-based products along with social media trends. PBB are often fortified with nutrients like, vitamins A and D, B-complex vitamins, calcium and also with some also providing DHA omega-3s or probiotics, which makes them to make a perfect alternative animal-based milk or other drinks, especially for the consumers having milk allergies or lactose intolerance. Now-a-days dinks like oat drinks, almond & cashew drinks and newest hemp-based & pea-based drinks are everywhere and are even replacing our dairy milk in cup of coffee. The robust growth in popularity of these drinks has benefitted beverage producers of all kinds, from dairies to soft drinks manufacturers to start-ups.
Soy is the biggest plant-based segment in the market and is growing steadily around the world due to a high protein content comparable to that of dairy which makes the Soymilk the most consumed milk substitute. Moreover, production from other plant sources like almonds, nuts, rice, grains, and seeds are also expected to increase in the upcoming years. Due to the increasing popularity of these products across the world, their global market share has seen arise in growth and development in very short time span. In addition to these fast-growing technologies such as ultra-high-pressure homogenization, enzymatic processes, and fermentation for processing of Plant-Based Beverages will act as growth driving factors during the forecast years by helping in improving efficiency and also by increasing the nutritional and functional properties of the beverages. However, in spite of exponential growth in key markets across the globe, it is suggested that the popularity of these products is just a beginning and in the coming times the market will see exponential growth in terms of development and expansion.
Market Dynamics and Factors of the Global Plant-Based Beverages Market:
Drivers:
- Growing Preference for Plant-Based Products Because of Restrictive Diets Due To Rising Chronic Diseases Like Lactose intolerance, Food-Related Allergies, Cellulite, Diabetes, Etc.
- Rising interest Towards Environmental Safety Across The World
Restraints:
- High Product Costs Due To High Raw Material and Processing Costs
Opportunities:
- Growing Popularity and Shifting inclination Toward Vegan and Vegetarian Diets, Especially Among Millennials Coupled With Constant Nutritional and Functional Improvements in The Products
Challenges:
- Undesirable Taste and Texture of Plant-Based Drinks and inaccessibility of Products Across All The Places
Regional Analysis Of Plant-Based Beverages Market:
The plant-based Beverages Market is growing rapidly, especially in the region of Europe and North America, with North America holding the dominant position in terms of total share and revenue in the Global Plant-based Beverages Market. Developed countries in North America are showing a great trend of vegan lifestyle. Rising environmental concerns and Rise of Food Intolerance and Food allergies in the Region are the primary factors that are positively influencing the growth by leading to increase in the adoption of dairy alternatives in North America. Growing concerns regarding environment are the reason behind the adoption of vegan dairy alternatives as it needs less land, water and sources to produce vegan milks which also has lower carbon emissions.
The majority of population in North America is been recently showing increased inclination towards vegan lifestyle and consumption of plant-based lactose-free products. Use of such nutritional vegan food products benefits the consumer with increased absorption of calcium, better bones and tissues, higher energy levels and many others. Owning to such nutritional benefits the consumers based in North American Countries are moving more towards the Plant-based Milks and drinks. Moreover, the rising craze of lean and vegan diets with the purpose of nutrition among the middle-aged is going to boost the regional market of Plant-based Beverages.
COVID-19 Impact on the Global Plant-Based Beverages Market:
COVID-19 pandemic has highly helped the Plant-based Beverages Market in terms of demand and sales during the post-pandemic period. After the spread of corona virus in 2020 the entire population started to act more safely and hence was highly aware regarding their diets which served as an opportunity for manufacturers to provide nutritious and healthy plant-based foods and drinks to a greater number of people and hence making huge profits. The pandemic scenario resulted in shifting of people’s preference towards vegan and plant-based foods and beverages in order to seek immunity strengthening and healthy mass, and in order to meet such growing consumer demand, the manufacturers started providing high protein content in their plant-based milks and drinks which in result gained huge popularity during the pandemic situation. Therefore, such immunity boosting vegan drinks being categorized as essentials have experienced heavy demand during the COVID-19 period and this demand is estimated to continue even in the post pandemic period.
Key Players for the Global Plant-Based Beverages Market:
- SunOpta Inc. (Canada)
- The Hain Celestial Group Inc. (US)
- Blue Diamond Growers (US)
- Noumi Ltd. (Austrilia)
- Califia Farms (US)
- Oatly Group AB (Sweden)
- Danone S.A. (France)
- Nestlé S.A. (Switzerland)
- Koia (US)
- Pacific Foods of Oregon LLC (US)
- Marusan-Ai Co Ltd. (Japan)
- Living Harvest Foods Inc. (US)
- Harmless Harvest (US)
- Earth's Own Food Inc. (Canada) and Other Key Players
Key Industry Developments in the Global Plant-Based Beverages Market:
In January 2023, Califia Farms Launched its USDA-Certified Organic Oat milk and Almond milk Among Other Newest Items. Like all Califia Farms products, these new launches are also made with plant-based, dairy-free ingredients and being Non-GMO Certified, Kosher, vegan, and free from carrageenan and soy. These latest offerings are designed to meet the needs of consumers seeking products with lesser ingredients and also at an accessible price.
In April 2021, SunOpta Inc. acquired the Dream and WestSoy brands from The Hain Celestial Group, Inc., for $33 million. The company states that the goal is pursuing strong organic and inorganic growth in their plant-based business. The acquired companies, the Dream brand is the No. 2 brand of shelf-stable, plant-based milks, originally launched in 1982 and the WestSoy is a branded shelf-stable soy beverage. Now, SunOpta manufactures the entire WestSoy product portfolio.
Global Plant-Based Beverages Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2016 to 2021 |
Market Size in 2022: |
USD 18.8 Bn. |
Forecast Period 2023-30 CAGR: |
12.1% |
Market Size in 2030: |
USD 47 Bn. |
Segments Covered: |
By Type |
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By Source
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By Distribution Channel |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Source
3.3 By Distribution Channel
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Plant-Based Beverages Market by Type
5.1 Plant-Based Beverages Market Overview Snapshot and Growth Engine
5.2 Plant-Based Beverages Market Overview
5.3 Milk
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Milk: Geographic Segmentation
5.4 Other Drinks
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Other Drinks: Geographic Segmentation
Chapter 6: Plant-Based Beverages Market by Source
6.1 Plant-Based Beverages Market Overview Snapshot and Growth Engine
6.2 Plant-Based Beverages Market Overview
6.3 Soy
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Soy: Geographic Segmentation
6.4 Coconut
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Coconut: Geographic Segmentation
6.5 Rice
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Rice: Geographic Segmentation
6.6 Oat
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2016-2028F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Oat: Geographic Segmentation
6.7 Nuts
6.7.1 Introduction and Market Overview
6.7.2 Historic and Forecasted Market Size (2016-2028F)
6.7.3 Key Market Trends, Growth Factors and Opportunities
6.7.4 Nuts: Geographic Segmentation
6.8 Others
6.8.1 Introduction and Market Overview
6.8.2 Historic and Forecasted Market Size (2016-2028F)
6.8.3 Key Market Trends, Growth Factors and Opportunities
6.8.4 Others: Geographic Segmentation
Chapter 7: Plant-Based Beverages Market by Distribution Channel
7.1 Plant-Based Beverages Market Overview Snapshot and Growth Engine
7.2 Plant-Based Beverages Market Overview
7.3 Convenience Stores
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Convenience Stores: Geographic Segmentation
7.4 Specialty Stores
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Specialty Stores: Geographic Segmentation
7.5 Supermarkets
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size (2016-2028F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Supermarkets: Geographic Segmentation
7.6 Online Stores
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size (2016-2028F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 Online Stores: Geographic Segmentation
7.7 Others
7.7.1 Introduction and Market Overview
7.7.2 Historic and Forecasted Market Size (2016-2028F)
7.7.3 Key Market Trends, Growth Factors and Opportunities
7.7.4 Others: Geographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Positioning
8.1.2 Plant-Based Beverages Sales and Market Share By Players
8.1.3 Industry BCG Matrix
8.1.4 Heat Map Analysis
8.1.5 Plant-Based Beverages Industry Concentration Ratio (CR5 and HHI)
8.1.6 Top 5 Plant-Based Beverages Players Market Share
8.1.7 Mergers and Acquisitions
8.1.8 Business Strategies By Top Players
8.2 SUNOPTA INC. (CANADA)
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Operating Business Segments
8.2.5 Product Portfolio
8.2.6 Business Performance
8.2.7 Key Strategic Moves and Recent Developments
8.2.8 SWOT Analysis
8.3 THE HAIN CELESTIAL GROUP INC. (US)
8.4 BLUE DIAMOND GROWERS (US)
8.5 NOUMI LTD. (AUSTRILIA)
8.6 CALIFIA FARMS (US)
8.7 OATLY GROUP AB (SWEDEN)
8.8 DANONE S.A. (FRANCE)
8.9 NESTLÉ S.A. (SWITZERLAND)
8.10 KOIA (US)
8.11 PACIFIC FOODS OF OREGON LLC (US)
8.12 MARUSAN-AI CO LTD. (JAPAN)
8.13 LIVING HARVEST FOODS INC. (US)
8.14 HARMLESS HARVEST (US)
8.15 EARTH'S OWN FOOD INC. (CANADA)
8.16 OTHER MAJOR PLAYERS
Chapter 9: Global Plant-Based Beverages Market Analysis, Insights and Forecast, 2016-2028
9.1 Market Overview
9.2 Historic and Forecasted Market Size By Type
9.2.1 Milk
9.2.2 Other Drinks
9.3 Historic and Forecasted Market Size By Source
9.3.1 Soy
9.3.2 Coconut
9.3.3 Rice
9.3.4 Oat
9.3.5 Nuts
9.3.6 Others
9.4 Historic and Forecasted Market Size By Distribution Channel
9.4.1 Convenience Stores
9.4.2 Specialty Stores
9.4.3 Supermarkets
9.4.4 Online Stores
9.4.5 Others
Chapter 10: North America Plant-Based Beverages Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Type
10.4.1 Milk
10.4.2 Other Drinks
10.5 Historic and Forecasted Market Size By Source
10.5.1 Soy
10.5.2 Coconut
10.5.3 Rice
10.5.4 Oat
10.5.5 Nuts
10.5.6 Others
10.6 Historic and Forecasted Market Size By Distribution Channel
10.6.1 Convenience Stores
10.6.2 Specialty Stores
10.6.3 Supermarkets
10.6.4 Online Stores
10.6.5 Others
10.7 Historic and Forecast Market Size by Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
Chapter 11: Europe Plant-Based Beverages Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Milk
11.4.2 Other Drinks
11.5 Historic and Forecasted Market Size By Source
11.5.1 Soy
11.5.2 Coconut
11.5.3 Rice
11.5.4 Oat
11.5.5 Nuts
11.5.6 Others
11.6 Historic and Forecasted Market Size By Distribution Channel
11.6.1 Convenience Stores
11.6.2 Specialty Stores
11.6.3 Supermarkets
11.6.4 Online Stores
11.6.5 Others
11.7 Historic and Forecast Market Size by Country
11.7.1 Germany
11.7.2 U.K.
11.7.3 France
11.7.4 Italy
11.7.5 Russia
11.7.6 Spain
11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Plant-Based Beverages Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Milk
12.4.2 Other Drinks
12.5 Historic and Forecasted Market Size By Source
12.5.1 Soy
12.5.2 Coconut
12.5.3 Rice
12.5.4 Oat
12.5.5 Nuts
12.5.6 Others
12.6 Historic and Forecasted Market Size By Distribution Channel
12.6.1 Convenience Stores
12.6.2 Specialty Stores
12.6.3 Supermarkets
12.6.4 Online Stores
12.6.5 Others
12.7 Historic and Forecast Market Size by Country
12.7.1 China
12.7.2 India
12.7.3 Japan
12.7.4 Singapore
12.7.5 Australia
12.7.6 New Zealand
12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Plant-Based Beverages Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Milk
13.4.2 Other Drinks
13.5 Historic and Forecasted Market Size By Source
13.5.1 Soy
13.5.2 Coconut
13.5.3 Rice
13.5.4 Oat
13.5.5 Nuts
13.5.6 Others
13.6 Historic and Forecasted Market Size By Distribution Channel
13.6.1 Convenience Stores
13.6.2 Specialty Stores
13.6.3 Supermarkets
13.6.4 Online Stores
13.6.5 Others
13.7 Historic and Forecast Market Size by Country
13.7.1 Turkey
13.7.2 Saudi Arabia
13.7.3 Iran
13.7.4 UAE
13.7.5 Africa
13.7.6 Rest of MEA
Chapter 14: South America Plant-Based Beverages Market Analysis, Insights and Forecast, 2016-2028
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Milk
14.4.2 Other Drinks
14.5 Historic and Forecasted Market Size By Source
14.5.1 Soy
14.5.2 Coconut
14.5.3 Rice
14.5.4 Oat
14.5.5 Nuts
14.5.6 Others
14.6 Historic and Forecasted Market Size By Distribution Channel
14.6.1 Convenience Stores
14.6.2 Specialty Stores
14.6.3 Supermarkets
14.6.4 Online Stores
14.6.5 Others
14.7 Historic and Forecast Market Size by Country
14.7.1 Brazil
14.7.2 Argentina
14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Global Plant-Based Beverages Market |
|||
Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2016 to 2021 |
Market Size in 2022: |
USD 18.8 Bn. |
Forecast Period 2023-30 CAGR: |
12.1% |
Market Size in 2030: |
USD 47 Bn. |
Segments Covered: |
By Type |
|
|
By Source
|
|
||
By Distribution Channel |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. PLANT-BASED BEVERAGES MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. PLANT-BASED BEVERAGES MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. PLANT-BASED BEVERAGES MARKET COMPETITIVE RIVALRY
TABLE 005. PLANT-BASED BEVERAGES MARKET THREAT OF NEW ENTRANTS
TABLE 006. PLANT-BASED BEVERAGES MARKET THREAT OF SUBSTITUTES
TABLE 007. PLANT-BASED BEVERAGES MARKET BY TYPE
TABLE 008. MILK MARKET OVERVIEW (2016-2028)
TABLE 009. OTHER DRINKS MARKET OVERVIEW (2016-2028)
TABLE 010. PLANT-BASED BEVERAGES MARKET BY SOURCE
TABLE 011. SOY MARKET OVERVIEW (2016-2028)
TABLE 012. COCONUT MARKET OVERVIEW (2016-2028)
TABLE 013. RICE MARKET OVERVIEW (2016-2028)
TABLE 014. OAT MARKET OVERVIEW (2016-2028)
TABLE 015. NUTS MARKET OVERVIEW (2016-2028)
TABLE 016. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 017. PLANT-BASED BEVERAGES MARKET BY DISTRIBUTION CHANNEL
TABLE 018. CONVENIENCE STORES MARKET OVERVIEW (2016-2028)
TABLE 019. SPECIALTY STORES MARKET OVERVIEW (2016-2028)
TABLE 020. SUPERMARKETS MARKET OVERVIEW (2016-2028)
TABLE 021. ONLINE STORES MARKET OVERVIEW (2016-2028)
TABLE 022. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 023. NORTH AMERICA PLANT-BASED BEVERAGES MARKET, BY TYPE (2016-2028)
TABLE 024. NORTH AMERICA PLANT-BASED BEVERAGES MARKET, BY SOURCE (2016-2028)
TABLE 025. NORTH AMERICA PLANT-BASED BEVERAGES MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 026. N PLANT-BASED BEVERAGES MARKET, BY COUNTRY (2016-2028)
TABLE 027. EUROPE PLANT-BASED BEVERAGES MARKET, BY TYPE (2016-2028)
TABLE 028. EUROPE PLANT-BASED BEVERAGES MARKET, BY SOURCE (2016-2028)
TABLE 029. EUROPE PLANT-BASED BEVERAGES MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 030. PLANT-BASED BEVERAGES MARKET, BY COUNTRY (2016-2028)
TABLE 031. ASIA PACIFIC PLANT-BASED BEVERAGES MARKET, BY TYPE (2016-2028)
TABLE 032. ASIA PACIFIC PLANT-BASED BEVERAGES MARKET, BY SOURCE (2016-2028)
TABLE 033. ASIA PACIFIC PLANT-BASED BEVERAGES MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 034. PLANT-BASED BEVERAGES MARKET, BY COUNTRY (2016-2028)
TABLE 035. MIDDLE EAST & AFRICA PLANT-BASED BEVERAGES MARKET, BY TYPE (2016-2028)
TABLE 036. MIDDLE EAST & AFRICA PLANT-BASED BEVERAGES MARKET, BY SOURCE (2016-2028)
TABLE 037. MIDDLE EAST & AFRICA PLANT-BASED BEVERAGES MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 038. PLANT-BASED BEVERAGES MARKET, BY COUNTRY (2016-2028)
TABLE 039. SOUTH AMERICA PLANT-BASED BEVERAGES MARKET, BY TYPE (2016-2028)
TABLE 040. SOUTH AMERICA PLANT-BASED BEVERAGES MARKET, BY SOURCE (2016-2028)
TABLE 041. SOUTH AMERICA PLANT-BASED BEVERAGES MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 042. PLANT-BASED BEVERAGES MARKET, BY COUNTRY (2016-2028)
TABLE 043. SUNOPTA INC. (CANADA): SNAPSHOT
TABLE 044. SUNOPTA INC. (CANADA): BUSINESS PERFORMANCE
TABLE 045. SUNOPTA INC. (CANADA): PRODUCT PORTFOLIO
TABLE 046. SUNOPTA INC. (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. THE HAIN CELESTIAL GROUP INC. (US): SNAPSHOT
TABLE 047. THE HAIN CELESTIAL GROUP INC. (US): BUSINESS PERFORMANCE
TABLE 048. THE HAIN CELESTIAL GROUP INC. (US): PRODUCT PORTFOLIO
TABLE 049. THE HAIN CELESTIAL GROUP INC. (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. BLUE DIAMOND GROWERS (US): SNAPSHOT
TABLE 050. BLUE DIAMOND GROWERS (US): BUSINESS PERFORMANCE
TABLE 051. BLUE DIAMOND GROWERS (US): PRODUCT PORTFOLIO
TABLE 052. BLUE DIAMOND GROWERS (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. NOUMI LTD. (AUSTRILIA): SNAPSHOT
TABLE 053. NOUMI LTD. (AUSTRILIA): BUSINESS PERFORMANCE
TABLE 054. NOUMI LTD. (AUSTRILIA): PRODUCT PORTFOLIO
TABLE 055. NOUMI LTD. (AUSTRILIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. CALIFIA FARMS (US): SNAPSHOT
TABLE 056. CALIFIA FARMS (US): BUSINESS PERFORMANCE
TABLE 057. CALIFIA FARMS (US): PRODUCT PORTFOLIO
TABLE 058. CALIFIA FARMS (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. OATLY GROUP AB (SWEDEN): SNAPSHOT
TABLE 059. OATLY GROUP AB (SWEDEN): BUSINESS PERFORMANCE
TABLE 060. OATLY GROUP AB (SWEDEN): PRODUCT PORTFOLIO
TABLE 061. OATLY GROUP AB (SWEDEN): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. DANONE S.A. (FRANCE): SNAPSHOT
TABLE 062. DANONE S.A. (FRANCE): BUSINESS PERFORMANCE
TABLE 063. DANONE S.A. (FRANCE): PRODUCT PORTFOLIO
TABLE 064. DANONE S.A. (FRANCE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. NESTLÉ S.A. (SWITZERLAND): SNAPSHOT
TABLE 065. NESTLÉ S.A. (SWITZERLAND): BUSINESS PERFORMANCE
TABLE 066. NESTLÉ S.A. (SWITZERLAND): PRODUCT PORTFOLIO
TABLE 067. NESTLÉ S.A. (SWITZERLAND): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. KOIA (US): SNAPSHOT
TABLE 068. KOIA (US): BUSINESS PERFORMANCE
TABLE 069. KOIA (US): PRODUCT PORTFOLIO
TABLE 070. KOIA (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. PACIFIC FOODS OF OREGON LLC (US): SNAPSHOT
TABLE 071. PACIFIC FOODS OF OREGON LLC (US): BUSINESS PERFORMANCE
TABLE 072. PACIFIC FOODS OF OREGON LLC (US): PRODUCT PORTFOLIO
TABLE 073. PACIFIC FOODS OF OREGON LLC (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. MARUSAN-AI CO LTD. (JAPAN): SNAPSHOT
TABLE 074. MARUSAN-AI CO LTD. (JAPAN): BUSINESS PERFORMANCE
TABLE 075. MARUSAN-AI CO LTD. (JAPAN): PRODUCT PORTFOLIO
TABLE 076. MARUSAN-AI CO LTD. (JAPAN): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. LIVING HARVEST FOODS INC. (US): SNAPSHOT
TABLE 077. LIVING HARVEST FOODS INC. (US): BUSINESS PERFORMANCE
TABLE 078. LIVING HARVEST FOODS INC. (US): PRODUCT PORTFOLIO
TABLE 079. LIVING HARVEST FOODS INC. (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. HARMLESS HARVEST (US): SNAPSHOT
TABLE 080. HARMLESS HARVEST (US): BUSINESS PERFORMANCE
TABLE 081. HARMLESS HARVEST (US): PRODUCT PORTFOLIO
TABLE 082. HARMLESS HARVEST (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. EARTH'S OWN FOOD INC. (CANADA): SNAPSHOT
TABLE 083. EARTH'S OWN FOOD INC. (CANADA): BUSINESS PERFORMANCE
TABLE 084. EARTH'S OWN FOOD INC. (CANADA): PRODUCT PORTFOLIO
TABLE 085. EARTH'S OWN FOOD INC. (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 086. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 087. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 088. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. PLANT-BASED BEVERAGES MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. PLANT-BASED BEVERAGES MARKET OVERVIEW BY TYPE
FIGURE 012. MILK MARKET OVERVIEW (2016-2028)
FIGURE 013. OTHER DRINKS MARKET OVERVIEW (2016-2028)
FIGURE 014. PLANT-BASED BEVERAGES MARKET OVERVIEW BY SOURCE
FIGURE 015. SOY MARKET OVERVIEW (2016-2028)
FIGURE 016. COCONUT MARKET OVERVIEW (2016-2028)
FIGURE 017. RICE MARKET OVERVIEW (2016-2028)
FIGURE 018. OAT MARKET OVERVIEW (2016-2028)
FIGURE 019. NUTS MARKET OVERVIEW (2016-2028)
FIGURE 020. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 021. PLANT-BASED BEVERAGES MARKET OVERVIEW BY DISTRIBUTION CHANNEL
FIGURE 022. CONVENIENCE STORES MARKET OVERVIEW (2016-2028)
FIGURE 023. SPECIALTY STORES MARKET OVERVIEW (2016-2028)
FIGURE 024. SUPERMARKETS MARKET OVERVIEW (2016-2028)
FIGURE 025. ONLINE STORES MARKET OVERVIEW (2016-2028)
FIGURE 026. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 027. NORTH AMERICA PLANT-BASED BEVERAGES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. EUROPE PLANT-BASED BEVERAGES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. ASIA PACIFIC PLANT-BASED BEVERAGES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. MIDDLE EAST & AFRICA PLANT-BASED BEVERAGES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. SOUTH AMERICA PLANT-BASED BEVERAGES MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Global Plant-Based Beverages Market research report is 2022-2030.
SunOpta Inc. (Canada), The Hain Celestial Group Inc. (US), Blue Diamond Growers (US), Noumi Ltd. (Austrilia), Califia Farms (US), Oatly Group AB (Sweden), Danone S.A. (France), Nestlé S.A. (Switzerland), Koia (US), Pacific Foods of Oregon LLC (US), Marusan-Ai Co Ltd. (Japan), Living Harvest Foods Inc. (US), Harmless Harvest (US), Earth's Own Food Inc. (Canada) and Other Key Players.
The Global Plant-Based Beverages Market is segmented into Type, Source, Distribution Channel and region. By Type, the market is categorized into Milk and Other Drinks. By Source, the market is categorized into Soy, Coconut, Rice, Oat, Nuts and Others. By Distribution Channel, the market is categorized into Convenience Stores, Specialty Stores, Supermarkets, Online Stores and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Plant-Based Beverages (PPB) are the drinks or milks that are processed from seeds, grain or many other plant materials, where the plant materials are extracted into water to form the desired drink. Today Plant-Based Beverages (PPB) are acting as the main substitutes for cow's milk for people who have dietary restrictions, either due to their or health or due to preference for plant foods. It is suggested that the popularity of these products is just a beginning and in the coming times the market will see exponential growth in terms of development and expansion.
The Plant-Based Beverages Market size is expected to grow from USD 18.8 Billion in 2022 to USD 47 Billion by 2030, at a CAGR of 12.1% during the forecast period.