Plant-Based Beverages Market Size by Type, Application, Key Players, Geographic

1. Plant-Based Beverages Market Size by Type, Application, Key Players, Geographic Scope and Forecast The global plant-based beverages market size was valued at USD 24.42 billion in 2021 and will expand further at a compound annual growth rate (CAGR) of 12.7% from 2022 to 2030. This market study on plant-based beverages details recent developments, trade laws, import-export analysis, production analysis, value chain optimisation, market share, the effects of domestic and local market participants, analyses opportunities in terms of new revenue pockets, regulatory changes, strategic market growth analysis, market size, category market expansions, application niches and dominance, product approvals, product launches, and more. Contact We Market Research for an Analyst Brief to learn more about the plant-based beverage market. Our staff will assist you in making an informed choice to build your business. The nation portion of the research also lists specific market-impacting elements and modifications to market regulation that have an affect on the market’s present and future developments. Data points including technical trends, porter’s five forces analysis, case studies, and upstream and downstream value chain analyses are just a few of the indicators utilised to anticipate the market environment for certain nations. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands as well as the difficulties they encounter due to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes. Click Here, Download a Free Sample Copy of this Market: https://wemarketresearch.com/sample- request/plant-based-beverages-market/730/ Global Plant-based Beverages Market – Segmentation The global plant based beverages market is segmented based on product type and product taste.

2. Based on product type, the market is segmented into, • Soy • Coconut • Almond • Oat • Others Based on product taste, the market is segmented into, • Plain • Flavored Purchase Plant-Based Beverages Market Report: https://wemarketresearch.com/purchase/plant- based-beverages-market/730/?license=single Global Plant-based Beverages Market – Regional Analysis It is estimated for the region of US to drive the growth of the market during the forecast period. The growing in the technological advancements in the food sector in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The Asia Pacific region is also estimated to witness a notable growth rate in the market. Global Plant-based Beverages Market – Key Market players Danone S.A.; Pacific Foods of Oregon, LLC; Blue Diamond Growers Inc.; SunOpta; The Hain Celestial Group, Inc.; Noumi Ltd.; Califia Farms, LLC; Harmless Harvest; Koia; Vitasoy International Holdings Ltd. are the major players that are boosting the growth of the market during the forecast period. Click Here To Get Report Link: https://wemarketresearch.com/reports/plant-based-beverages- market/730/ Market Trends: Global population growth and rising health consciousness are enhancing the market outlook. In addition to providing hydration, plant-based beverages are also a good source of a number of vital nutrients, vitamins, minerals, and protein that reduce the risk of cardiovascular diseases (CVDs), boost immunity, and promote bone health. In accordance with this, the market expansion is being aided by the increased use of plant-based drinks among the vegan community as a result of the increasing prevalence of lactose intolerance and various food allergies. In addition, the introduction of plant-based beverages made with additional nutritious ingredients, such oat-based choices, is significantly boosting market growth. The market is expanding as a result of the rising demand for plant-based supplements in the sports and nutrition sector. The market is expected to continue to grow as a result of a number of other factors, such as rising consumer spending power, widespread product adoption in bakeries and cafes, significant advancements in processing technology, and rising demand for ready-to-drink (RTD) beverages due to busy lifestyles and hectic schedules. The availability of a variety of bases and flavours for plant-based beverages around the world is one of the main factors that is greatly boosting the market’s growth. Consumers of today prefer a variety

3. of plant-based beverages and dairy alternatives. And because people are no longer evaluating plant- based foods primarily on how closely they resemble dairy, a wide range of flavour and texture options are now available. So, this is the perfect opportunity to learn more about the benefits that plant-based foods may provide for consumers. Market Dynamics: People’s increased health awareness in recent years has increased demand for plant-based foods and beverages in an effort to improve their physical and emotional well-being. Consumers’ huge increases in food allergies and lactose intolerance are creating new commercial opportunities. Over the forecast period, it is also expected that the popularity of veganism and flexitarianism will increase demand for plant-based beverages. Due to busy and hectic lifestyles, a significant demographic group is becoming more health conscious, which is driving the market’s expansion. Also, growing knowledge of the health advantages of beverages made from fruits, vegetables, and nuts is helping to promote plant-based goods. Moreover, shifting consumer preference from high- calorie carbonated drinks to healthy plant-based beverages is expected to boost the plant-based beverages market in the foreseeable future. Highlights of the Report • The future prospects of the global Plant-Based Beverages market during the forecast period 2023- 2028 are given in the report. • The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report. • The emerging technologies that are driving the growth of the market are highlighted in the report. • The market value of the segments that are leading the market and the sub-segments are mentioned in the report. • The report studies the leading manufacturers and other players entering the global Plant-Based Beverages market.