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Insights on the Plant-Based Beverages Global Market to 2027 - Increasing Health Consciousness Drives Growth

Research and Markets
Updated ·6-min read
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Global Plant-Based Beverages Market

Global Plant-Based Beverages Market
Global Plant-Based Beverages Market

Dublin, Jan. 09, 2023 (GLOBE NEWSWIRE) -- The "Plant-Based Beverages Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global plant-based beverages market size reached US$ 24.76 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 54.09 Billion by 2027, exhibiting a CAGR of 13.91% during 2021-2027.

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Plant-based beverages refer to healthy drinks that are manufactured and processed from plant materials, such as grains and seeds, and extracted in water. Rice milk, soymilk, tea and coffee are some of the commonly available plant-based beverages. They are low in calories and rich in protein, calcium, vitamins A and D, and B-complex, and DHA omega-3s or probiotics.

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Plant-based beverages are commonly consumed as an alternative to dairy products as they consist of a healthy combination of mono- and polyunsaturated fats and have zero concentration of lactose. As a result, plant-based beverages assist in reducing the risk of developing heart diseases, strokes, and diabetes.

Plant-Based Beverages Market Trends:

Increasing health consciousness among masses across the globe is creating a positive outlook for the market. Plant-based beverages provide hydration and serve as a source of various essential nutrients, vitamins, minerals and protein that helps in lowering the risk of cardiovascular diseases (CVDs), improving immunity, and strengthening bone health.

In line with this, the widespread consumption of plant-based beverages among the vegan population due to the rising prevalence of lactose intolerance and various kinds of food allergies is favoring the market growth.

Apart from this, the launch of plant-based beverages formulated with additional healthy ingredients, such as oat-based options, are providing a considerable boost to the market growth.

Additionally, the increasing demand for plant-based supplements in the sports and nutrition industry is positively impacting the market growth.

Other factors, including rising expenditure capacities of consumers, the widespread product adoption in cafes and bakeries, significant advancements in processing technologies, and the increasing demand for ready-to-drink (RTD) beverages due to the busy lifestyles and hectic schedules, are anticipated to drive the market further toward growth.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Blue Diamond Growers Inc, Califia Farms LLC, Danone S.A., Drink Koia Online, Kikkoman Corporation, Organic Valley, Pacific Foods of Oregon LLC (Campbell Soup Company), PureHarvest, Ripple Foods, SunOpta Inc. and The Coca-Cola Company.

Key Questions Answered in This Report:

  • How has the global plant-based beverages market performed so far and how will it perform in the coming years?

  • What has been the impact of COVID-19 on the global plant-based beverages market?

  • What are the key regional markets?

  • What is the breakup of the market based on the type?

  • What is the breakup of the market based on the product?

  • What is the breakup of the market based on the distribution channel?

  • What are the various stages in the value chain of the industry?

  • What are the key driving factors and challenges in the industry?

  • What is the structure of the global plant-based beverages market and who are the key players?

  • What is the degree of competition in the industry?

Report Attribute

Details

No. of Pages

143

Forecast Period

2021 - 2027

Estimated Market Value (USD) in 2021

$24.76 Billion

Forecasted Market Value (USD) by 2027

$54.09 Billion

Compound Annual Growth Rate

13.9%

Regions Covered

Global

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Plant-Based Beverages Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Type
6.1 Soy-based
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Coconut-based
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Almond-based
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Rice-based
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Oats-based
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Hemp-based
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Hazelnut-based
6.7.1 Market Trends
6.7.2 Market Forecast
6.8 Cashew-based
6.8.1 Market Trends
6.8.2 Market Forecast
6.9 Flax-based
6.9.1 Market Trends
6.9.2 Market Forecast

7 Market Breakup by Product
7.1 Plain
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Flavored
7.2.1 Market Trends
7.2.2 Market Forecast

8 Market Breakup by Distribution Channel
8.1 Supermarkets and Hypermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Convenience Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Specialty Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Online Stores
8.4.1 Market Trends
8.4.2 Market Forecast

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Blue Diamond Growers Inc
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Califia Farms LLC
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Danone S.A.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Drink Koia Online
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Kikkoman Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Organic Valley
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Pacific Foods of Oregon LLC (Campbell Soup Company)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 PureHarvest
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Ripple Foods
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 SunOpta Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 The Coca-Cola Company
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis

For more information about this report visit https://www.researchandmarkets.com/r/6i702w

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