Global Plant Based Beverages Market Report 2024

Plant-Based Beverages Global Market Report 2024 – By Type (RTD Tea And Coffee, Plant Based Milk, Juices, Other Types), By Nature (Organic, Conventional), By Flavor (Plain, Flavored), By Function (Cardiovascular Health, Cancer Prevention, Bone Health, Lactose-Free Alternative, Other Functions) – Market Size, Trends, And Global Forecast 2024-2033

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Plant-Based Beverages Market Definition And Segments

Plant-based beverages refer to beverages that are obtained from plant materials such as seeds, grains, and others that are used as a replacement for beverages made with milk.

The main types of plant-based beverages are RTD tea and coffee, plant-based milk, juices, and others. RTD tea and coffee refer to plant-based coffee and tea that offer a wide variety of flavors for consumers. They are organic and conventional in nature and are available in plain and different flavors for cardiovascular health, cancer prevention, bone health, lactose-free alternative, and other functions.

The plant-based beverages market covered in this report is segmented –

1) By Type: RTD Tea And Coffee, Plant Based Milk, Juices, Other Types

2) By Nature: Organic, Conventional

3) By Flavor: Plain, Flavored

4) By Function: Cardiovascular Health, Cancer Prevention, Bone Health, Lactose-Free Alternative, Other Functions

The plant-based beverages market size has grown rapidly in recent years. It will grow from $24.31 billion in 2023 to $27.09 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to lactose intolerance and dairy allergies, vegan and vegetarian lifestyles, environmental and ethical concerns, retail expansion and availability, government initiatives and regulations, and functional and nutritional benefits.

The plant-based beverages market size is expected to see rapid growth in the next few years. It will grow to $42.3 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to a focus on sustainable and ethical practices, expansion of plant-based milk alternatives, global culinary fusion trends, e-commerce growth, and plant-based beverages in food service. Major trends in the forecast period include diversification of plant sources, functional and fortified formulations, reduced sugar and clean label products, innovations in packaging, ready-to-drink (RTD) market, and cultural and regional flavor variations.

The Rise Of Veganism Fueling Growth In The Plant-Based Beverages Market

The increasing trend of veganism is expected to propel the growth of the plant-based beverages market going forward. Veganism refers to giving up all products derived partially or fully from animals. Veganism promotes plant-based drinks that can improve heart rates and protect people against cancer and other diseases. For instance, in January 2023, according to a report published by the U.S. Department of Agriculture's Foreign Agricultural Service, a US-based government agency, Germany had the highest rate of vegetarianism, and in 2022, over 1.5 million vegans were living there, 1.58 million people claimed to be vegans, and nearly 8 million people consumed vegetarian food. Whereas 10 years ago, 0.1 million individuals were identified as vegans. Therefore, the increasing trend of veganism is driving the growth of the plant-based beverages market.

Health-Conscious Consumer Trends Fueling Growth In The Plant-Based Beverages Market

The rising health consciousness among consumers is expected to propel the growth of the plant-based beverages market going forward. Health consciousness among consumers refers to their increased awareness and prioritization of making healthier lifestyle choices, including diet, exercise, and overall well-being. Health-conscious consumers prefer plant-based beverages due to perceived health benefits such as improved digestion, lower cholesterol, and allergen-free options, which align with their nutritious and functional dietary preferences. For instance, in August 2022, according to a survey by DSM, a Netherlands-based science-based company, 73% of participants indicated their intention to prioritize healthier eating and drinking habits. Therefore, the rising health consciousness among consumers is driving the plant-based beverages market.

Major companies operating in the plant-based beverages market report are SunOpta Inc., The Hain Celestial Group Inc., Pacific Foods of Oregon Inc., Nestlé S.A., Vitasoy International Holdings Limited, Harmless Harvest Inc., Califia Farms LP, Freedom Foods Group, Campbell Soup Company, RiceBran Technologies, PepsiCo Inc., Premier Nutrition Company LLC, Mead Johnson & Company LLC, Danone S.A., Blue Diamond Growers Inc., Amy's Kitchen Inc., Beyond Meat Inc., Conagra Brands Inc., Daiya Foods Inc., General Mills Inc., Impossible Foods Inc., Kellogg Company, Archer Daniels Midland Company, Axiom Foods Inc., Bolthouse Farms Inc., Eden Foods Inc., Elmhurst 1925 Inc., Forager Project LLC, Good Karma Foods Inc., Kerry Group plc

Companies Introducing Innovative Products To Enhance Plant-Based Beverages Market

Product innovation is a key trend gaining popularity in the plant-based beverage market. Major companies operating in the plant-based beverages market are introducing new and innovative products to strengthen their position in the market. For instance, in July 2022, Danone S.A., a France-based food production corporation, launched the first plant-based baby formula with a dairy blend. The new baby formula was created specifically to provide a vegetarian diet for babies.

Key Players Introduced Advanced Solutions To Expand The Plant-Based Beverages Market

Major companies operating in the plant-based beverage market are focusing on advanced solutions, such as vegan drinks, to cater to evolving consumer preferences for healthier, sustainable, and plant-centric options. Vegan drinks are beverages made entirely from plant-based ingredients, devoid of any animal-derived components. For instance, in February 2023, Life Health Foods (India) Pvt. Ltd., an India-based food company, launched the new So Good Oat Unsweetened beverage, a dairy-free, plant-based milk offering from India. This delicious drink lives up to its brand commitment, delivering a healthy, versatile addition that enhances the taste and creaminess of coffee, tea, baking, and smoothies. Combining great flavor, adaptability, and health advantages, all at an accessible price point.

Danone S.A. Strengthens Plant-Based Offerings With Acquisition Of Follow Your Heart

In February 2021, Danone S.A., a France-based food-products corporation, acquired Follow Your Heart for an undisclosed amount. This acquisition will help increase the plant-based offerings of Danone and will also help the company increase its capabilities in the plant-based items market. Follow Your Heart is a US-based vegan and vegetarian food and beverage company operating in the plant-based beverages market.

Asia-Pacific was the largest region in the plant-based beverages market in 2023. Europe is expected to be the fastest-growing region in the global plant-based beverages market during the forecast period. The regions covered in the plant-based beverages market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the plant-based beverages market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The plant-based beverages market consists of sales of macadamia drinks, quinoa drinks, pea beverages, and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The plant-based beverages market research report is one of a series of new reports from The Business Research Company that provides plant-based beverages market statistics, including the plant-based beverages industry's global market size, regional shares, competitors with a plant-based beverages market share, detailed plant-based beverages market segments, market trends, and opportunities, and any further data you may need to thrive in the plant-based beverages industry. This plant-based beverages market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Plant-Based Beverages Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $27.09 billion
Revenue Forecast In 2033 $42.3 billion
Growth Rate CAGR of 11.8% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: RTD Tea And Coffee, Plant Based Milk, Juices, Other Types
2) By Nature: Organic, Conventional
3) By Flavor: Plain, Flavored
4) By Function: Cardiovascular Health, Cancer Prevention, Bone Health, Lactose-Free Alternative, Other Functions
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled SunOpta Inc.; The Hain Celestial Group Inc.; Pacific Foods of Oregon Inc.; Nestlé S.A.; Vitasoy International Holdings Limited; Harmless Harvest Inc.; Califia Farms LP; Freedom Foods Group; Campbell Soup Company; RiceBran Technologies; PepsiCo Inc.; Premier Nutrition Company LLC; Mead Johnson & Company LLC; Danone S.A.; Blue Diamond Growers Inc.; Amy's Kitchen Inc.; Beyond Meat Inc.; Conagra Brands Inc.; Daiya Foods Inc.; General Mills Inc.; Impossible Foods Inc.; Kellogg Company; Archer Daniels Midland Company; Axiom Foods Inc.; Bolthouse Farms Inc.; Eden Foods Inc.; Elmhurst 1925 Inc.; Forager Project LLC; Good Karma Foods Inc.; Kerry Group plc
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    Table Of Contents

    1. Executive Summary

    2. Plant-Based Beverages Market Characteristics

    3. Plant-Based Beverages Market Trends And Strategies

    4. Plant-Based Beverages Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Plant-Based Beverages Market Size and Growth

    5.1. Global Plant-Based Beverages Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Plant-Based Beverages Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Plant-Based Beverages Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Plant-Based Beverages Market Segmentation

    6.1. Global Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    RTD Tea And Coffee

    Plant Based Milk

    Juices

    Other Types

    6.2. Global Plant-Based Beverages Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Organic

    Conventional

    6.3. Global Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Plain

    Flavored

    6.4. Global Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Cardiovascular Health

    Cancer Prevention

    Bone Health

    Lactose-Free Alternative

    Other Functions

    7. Plant-Based Beverages Market Regional And Country Analysis

    7.1. Global Plant-Based Beverages Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Plant-Based Beverages Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Plant-Based Beverages Market

    8.1. Asia-Pacific Plant-Based Beverages Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Plant-Based Beverages Market

    9.1. China Plant-Based Beverages Market Overview

    9.2. China Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Plant-Based Beverages Market

    10.1. India Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Plant-Based Beverages Market

    11.1. Japan Plant-Based Beverages Market Overview

    11.2. Japan Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Plant-Based Beverages Market

    12.1. Australia Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Plant-Based Beverages Market

    13.1. Indonesia Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Plant-Based Beverages Market

    14.1. South Korea Plant-Based Beverages Market Overview

    14.2. South Korea Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Plant-Based Beverages Market

    15.1. Western Europe Plant-Based Beverages Market Overview

    15.2. Western Europe Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Plant-Based Beverages Market

    16.1. UK Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Plant-Based Beverages Market

    17.1. Germany Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Plant-Based Beverages Market

    18.5. France Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Plant-Based Beverages Market

    19.9. Italy Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Plant-Based Beverages Market

    20.13. Spain Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Plant-Based Beverages Market

    21.1. Eastern Europe Plant-Based Beverages Market Overview

    21.2. Eastern Europe Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Plant-Based Beverages Market

    22.1. Russia Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Plant-Based Beverages Market

    23.1. North America Plant-Based Beverages Market Overview

    23.2. North America Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Plant-Based Beverages Market

    24.1. USA Plant-Based Beverages Market Overview

    24.2. USA Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Plant-Based Beverages Market

    25.1. Canada Plant-Based Beverages Market Overview

    25.2. Canada Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Plant-Based Beverages Market

    26.1. South America Plant-Based Beverages Market Overview

    26.2. South America Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Plant-Based Beverages Market

    27.1. Brazil Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Plant-Based Beverages Market

    28.1. Middle East Plant-Based Beverages Market Overview

    28.2. Middle East Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Plant-Based Beverages Market

    29.1. Africa Plant-Based Beverages Market Overview

    29.2. Africa Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Plant-Based Beverages Market Competitive Landscape And Company Profiles

    30.1. Plant-Based Beverages Market Competitive Landscape

    30.2. Plant-Based Beverages Market Company Profiles

    30.2.1. SunOpta Inc.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. The Hain Celestial Group Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Pacific Foods of Oregon Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Nestlé S.A.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Vitasoy International Holdings Limited

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Plant-Based Beverages Market Competitive Benchmarking

    32. Global Plant-Based Beverages Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Plant-Based Beverages Market

    34. Plant-Based Beverages Market Future Outlook and Potential Analysis

    34.1 Plant-Based Beverages Market In 2028 - Countries Offering Most New Opportunities

    34.2 Plant-Based Beverages Market In 2028 - Segments Offering Most New Opportunities

    34.3 Plant-Based Beverages Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Plant-Based Beverages Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Plant-Based Beverages Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Plant-Based Beverages Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: SunOpta Inc. Financial Performance
  • Table 76: The Hain Celestial Group Inc. Financial Performance
  • Table 77: Pacific Foods of Oregon Inc. Financial Performance
  • Table 78: Nestlé S.A. Financial Performance
  • Table 79: Vitasoy International Holdings Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Plant-Based Beverages Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Plant-Based Beverages Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Plant-Based Beverages Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Plant-Based Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Plant-Based Beverages Market, Segmentation By Flavor, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Plant-Based Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: SunOpta Inc. Financial Performance
  • Figure 76: The Hain Celestial Group Inc. Financial Performance
  • Figure 77: Pacific Foods of Oregon Inc. Financial Performance
  • Figure 78: Nestlé S.A. Financial Performance
  • Figure 79: Vitasoy International Holdings Limited Financial Performance
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Frequently Asked Questions

What is the definition of the plant based beverages market?

Plant-based beverages refer to beverages that are obtained from plant materials such as seeds, grains, and others that are used as a replacement for beverages made with milk. For further insights on the plant based beverages market, request a sample here

How will the plant based beverages market drivers and restraints affect the plant based beverages market dynamics? What forces will shape the plant based beverages industry going forward?

The plant based beverages market major growth driver - the rise of veganism fueling growth in the plant-based beverages market. For further insights on the plant based beverages market, request a sample here

What is the forecast market size or the forecast market value of the plant based beverages market ?

The plant-based beverages market size has grown rapidly in recent years. It will grow from $24.31 billion in 2023 to $27.09 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to lactose intolerance and dairy allergies, vegan and vegetarian lifestyles, environmental and ethical concerns, retail expansion and availability, government initiatives and regulations, functional and nutritional benefits. The plant-based beverages market size is expected to see rapid growth in the next few years. It will grow to $42.3 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to focus on sustainable and ethical practices, expansion of plant-based milk alternatives, global culinary fusion trends, e-commerce growth, plant-based beverages in foodservice. Major trends in the forecast period include diversification of plant sources, functional and fortified formulations, reduced sugar and clean label products, innovations in packaging, ready-to-drink (rtd) market, cultural and regional flavor variations. For further insights on the plant based beverages market, request a sample here

How is the plant based beverages market segmented?

The plant based beverages market is segmented
1) By Type: RTD Tea And Coffee, Plant Based Milk, Juices, Other Types
2) By Nature: Organic, Conventional
3) By Flavor: Plain, Flavored
4) By Function: Cardiovascular Health, Cancer Prevention, Bone Health, Lactose-Free Alternative, Other FunctionsFor further insights on the plant based beverages market, request a sample here

Which region has the largest share of the plant based beverages market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the plant-based beverages market in 2023. Europe is expected to be the fastest-growing region in the global plant-based beverages market during the forecast period. The regions covered in the plant-based beverages market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the plant based beverages market, request a sample here.

Who are the major players in the plant based beverages market?

Major companies operating in the plant-based beverages market report are SunOpta Inc., The Hain Celestial Group Inc., Pacific Foods of Oregon Inc., Nestlé S.A., Vitasoy International Holdings Limited, Harmless Harvest Inc., Califia Farms LP, Freedom Foods Group, Campbell Soup Company, RiceBran Technologies, PepsiCo Inc., Premier Nutrition Company LLC, Mead Johnson & Company LLC, Danone S.A., Blue Diamond Growers Inc., Amy's Kitchen Inc., Beyond Meat Inc., Conagra Brands Inc., Daiya Foods Inc., General Mills Inc., Impossible Foods Inc., Kellogg Company, Archer Daniels Midland Company, Axiom Foods Inc., Bolthouse Farms Inc., Eden Foods Inc., Elmhurst 1925 Inc., Forager Project LLC, Good Karma Foods Inc., Kerry Group plc For further insights on the plant based beverages market, request a sample here.

What are the key trends in the plant based beverages market?

Major trend in the plant based beverages market - companies introducing innovative products to enhance plant-based beverages market. For further insights on the plant based beverages market, request a sample here.

What are the major opportunities in the plant based beverages market? What are the strategies for the plant based beverages market?

For detailed insights on the major opportunities and strategies in the plant based beverages market, request a sample here.

How does the plant based beverages market relate to the overall economy and other similar markets?

For detailed insights on plant based beverages market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the plant based beverages industry?

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What are the key dynamics influencing the plant based beverages market growth? SWOT analysis of the plant based beverages market.

For detailed insights on the key dynamics influencing the plant based beverages market growth and SWOT analysis of the plant based beverages industry, request a sample here.