PRESS RELEASE
Published July 25, 2023
“Data Bridge Market Research presents this information in their report titled Global Plant-Based Beverages Market. The universal Plant-Based Beverages Market research report is a valuable source of information with which businesses can gain a telescopic view of the current market trends, consumer’s demands and preferences, market situations, opportunities and market status. This industry report systematically collects the information about influencing factors for the industry which includes customer behaviour, emerging trends, product usage, and brand positioning. Various steps are used while generating this report by taking the inputs from a specialized team of researchers, analysts and forecasters. Businesses can achieve complete knowhow of general market conditions and tendencies with the information and data covered in the winning Plant-Based Beverages Market report.
Plant-Based Beverages Market report is a professional in-depth study on the current state of the market. The market study provides details of drivers and restraints for the Plant-Based Beverages Market with the help of SWOT analysis, along with the impact they have on the demand over the forecast period. It is believed that granular information can help clients take efficient business decisions and this business report provides the same. By accomplishing an inspiration from the marketing strategies of rivals, businesses can set up inventive ideas and striking sales targets which in turn make them achieve competitive advantage over its competitors
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Dairy consumption in some categories has declined over the last two decades as consumers respond to concerns about hormone usage, allergens, and the perceived unhealthy profile of some dairy offerings, which was once regarded as an essential component of a balanced diet in several cultures. This has altered the global landscape for dairy producers, as they strive to keep up with changing consumer attitudes and regional differences in consumer attitudes, while capitalizing on potential opportunities in dairy product consumption. Plant-based beverages has a perceived health halo among consumers, capturing the attention of dairy product providers.
Data Bridge Market Research analyses that the plant-based beverages market was valued at USD 17.90 billion and is expected to reach the value of USD 37.19 billion by 2029, at a CAGR of 9.57% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Market Definition
Plant-based beverages are also known as plant beverages or plant-based beverages. Plant-based beverages are made using plant material such as seeds, grains, and water as a vehicle. These are frequently used as dairy beverages substitutes and are preferred by lactose intolerant consumers. The most popular plant-based beverages is almond beverages.
Some of the major players operating in the plant-based beverages market are:
- Bayer AG (Germany)
- Abbott (U.S.)
- DSM (Netherlands)
- DuPont. (U.S.)
- Amway (U.S.)
- The Nature’s Bounty Co. (U.S.)
- GlaxoSmithKline plc. (U.K.)
- Nestlé SA (Switzerland)
- RiceBran Technologies (U.S.)
- Mead Johnson & Company, LLC. (U.S.)
- Medifast, Inc. (U.S.)
- Premier Nutrition Corporation (U.S.)
- TOOTSI IMPEX Inc. (Canada)
- U.S. Spice Mills, Inc. (U.S.)
- Health Food Manufacturers’ Association (U.K.)
- NOW Foods (U.S.)
- Glanbia PLC (Ireland)
- Herbalife International of America, Inc. (U.S.)
- Bionova (India)
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The plant-based beverages market is segmented on the basis of type, source and function. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Source
- Soy Beverages
- Almond Beverages
- Coconut Beverages
- Rice Beverages
- Others
Function
- Cardiovascular Health
- Cancer Prevention
- Bone Health
- Lactose Free Alternative
- Others
Table of Contents Plant-Based Beverages Market
Introduction
1.1. Overview
1.2. Purpose of the Article
1.3. Methodology
Executive Summary
2.1. Key Findings
2.2. Plant-Based Beverages Market Highlights
2.3. Recommendations
Plant-Based Beverages Market Overview
3.1. Definition
3.2. Plant-Based Beverages Market Segmentation
3.3. Plant-Based Beverages Market Dynamics
3.3.1. Drivers
3.3.2. Restraints
3.3.3. Opportunities
3.4. Plant-Based Beverages Market Trends
Research Methodology
4.1. Data Collection
4.2. Data Analysis
4.3. Primary Research
4.4. Secondary Research
4.5. Plant-Based Beverages Market Size Estimation
Plant-Based Beverages Market Analysis
5.1. Plant-Based Beverages Market Attractiveness
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining Power of Suppliers
5.2.2. Bargaining Power of Buyers
5.2.3. Threat of New Entrants
5.2.4. Threat of Substitutes
5.2.5. Competitive Rivalry
5.3. SWOT Analysis
5.3.1. Strengths
5.3.2. Weaknesses
5.3.3. Opportunities
5.3.4. Threats
Plant-Based Beverages Market Segmentation
6.1. By Product Type
6.2. By Application
6.3. By Region
Regional Analysis
7.1. North America
7.1.1. Plant-Based Beverages Market Size and Forecast
7.1.2. Key Players
7.2. Europe
7.2.1. Plant-Based Beverages Market Size and Forecast
7.2.2. Key Players
7.3. Asia Pacific
7.3.1. Plant-Based Beverages Market Size and Forecast
7.3.2. Key Players
7.4. Latin America
7.4.1. Plant-Based Beverages Market Size and Forecast
7.4.2. Key Players
7.5. Middle East and Africa
7.5.1. Plant-Based Beverages Market Size and Forecast
7.5.2. Key Players
Competitive Landscape
8.1. Plant-Based Beverages Market Share Analysis
8.2. Key Strategies
8.3. Company Profiles
8.3.1. Company
8.3.1.1. Overview
8.3.1.2. Product Portfolio
8.3.1.3. Financials
8.3.1.4. Recent Developments
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