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Plant-based Beverages Market - Forecast to 2023

The growth of the plant-based beverages market is attributed to the shift in preference towards vegan diets among consumers at a global level. Apart from this, major food companies such as Danone (US) have been showing interest in plant-based beverages; this is expected to give the market a boost.

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Plant-based Beverages Market - Forecast to 2023

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  1. MarketsandMarkets™ Presents Plant-based Beverages Market - Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/plant-based-beverage-market-34414144.html

  2. The report "Plant-based Beverages Market by Source (Almond, Soy, Coconut, and Rice), Type (Milk and Other Drinks), Function (Cardiovascular health, Cancer prevention, Lactose intolerance, and Bone health) and Region - Global Forecast to 2023", The plant-based beverages market is estimated at USD 11.16 billion in 2018 and is projected to reach USD 19.67 billion by 2023, growing at a CAGR of 12.0% from 2018 to 2023. Browse 78 Market Data Tables and 35 Figures spread through 156 Pages and in-depth TOC on "Dairy Testing Market - Forecast to 2022“ High price is one of the major challenges that manufacturers in the plant-based beverages market face.  Plant-based beverages can be easily purchased by consumers in developed countries; but in the developing countries, this remains a challenge. The Asia Pacific market accounted for the largest share in the plant-based beverages market, in terms of value, in 2017. The region consists of key revenue pockets in countries such as China & Thailand, which are some of the key consumers of plant-based diet products. China is one of the largest consumers of soy milk, which is considered the most suitable alternative to dairy milk. Furthermore, the country’s leading dairy products manufacturer, Want Want China Holdings Limited, is expanding its base in the plant-based beverages space. Apart from this, Thailand is expected to be a key revenue pocket in coming years, with plant-based diets being one of the key trends in the country in 2018 as per the US Department of Agriculture (USDA). Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=34414144

  3. Objectives of the study are as follows: • To define, segment, and measure the plant-based beverages market with respect to its source, type, function (qualitative), and region • To provide detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges) • To analyze the opportunities in the market for the stakeholders and provide details of the competitive landscape for market leaders • To profile the key players and comprehensively analyze their core competencies • To analyze the competitive developments—new product developments, mergers & acquisitions, expansions, joint ventures, and partnerships—in the plant-based beverages market • To profile the key plant-based beverage companies, based on business overview, recent financials, segmental revenue mix, geographic presence, and information about the products & services • The market has been covered by mapping plant-based beverage products only. Yogurt has been excluded from the plant-based beverages market scope, as it falls under the food category. • The various contributors involved in the value chain of the dairy testing market include raw material suppliers, R&D institutes, dairy testing service providing companies as SGS, Bureau Veritas, Intertek, Eurofins, dairy testing equipment manufacturing companies, and government bodies & regulatory associations such as the United States Department of Agriculture (USDA), the Food and Drug Administration (FDA), and the European Food Safety Authority (EFSA). • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=34414144

  4. Target Audience: • The report is targeted toward the existing players in the industry, which include: • Manufacturers/suppliers • Beverage manufacturers & processors • Traders & retailers • Regulatory bodies and associations, which include the following: • The Plant Based Foods Association (PBFA) • The Food and Drug Administration (FDA) • The United States Department of Agriculture (USDA) • The European Food Safety Authority (EFSA) • The Soyfoods Association of North America (SANA) • The Specialty Food Association (SFA) • The British Dietetic Association (BDA) • The National Recreation and Park Association (NRPA) • Dietitians of Canada (DC) • National Milk Producers Federation (NMPF) • Dietitians Association of Australia (DAA) • Request Sample: https://www.marketsandmarkets.com/requestsample.asp?id=34414144

  5. Contact Us Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: sales@marketsandmarkets.comBlog @ http://www.marketsandmarketsblog.com/market-reports/food-and-beverage Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

  6. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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