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
- The plant-based beverages market is an unparalleled and worldwide market research report that conducts industry analysis on products, markets, companies, industries, and many countries worldwide.
- This industry document analyses market information related to specific stocks, currencies, commodities, and geographic regions or countries. These parameters range from the most up-to-date trends, market segmentation, new market entry, industry forecasting, target market analysis, future directions, opportunity identification, strategic analysis, and insights into innovation.
- All of these are estimated and analysed by a team of innovative, enthusiastic, and motivated researchers and analysts so that nothing is lefts unearthed in the steadfast plant-based beverages market report.
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Plant-Based Beverages Market Analysis and Size
- 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 have 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.
COVID-19 Impact on Plant-Based Beverages Market
The COVID-19 outbreak has put tremendous strain on the functional beverages and nutraceutical industries. Several frontline workers, including doctors, nurses, other medical professionals, hygiene workers or sweepers, and others, are working hard to stop the spread of the novel coronavirus. Government agencies have advised citizens to eat a healthy and nutritious diet to combat the disease. This is expected to increase demand for plant-based beverages, which promote the body's good health and optimal functioning by providing essential nutrients. Plant-based beverages are necessary for the growth and repair of human cells and tissues. Plant protein is beneficial for weight loss in addition to providing the building blocks for healthy muscles and tissues.
The leading the global plant-based beverages market analysis document intensely analyses the potential of the market with respect to existing scenario and the future prospects by considering all the market aspects of Food Beverage industry. Not to mention, to do well and get success in this competitive market place, such business research report plays a very central role by offering important and consequential market insights for the business. With a full devotion and commitment, the large scale The plant-based beverages market report has been presented with the best realistic service and recommendations which can be trusted confidently by businesses.
Global Plant-Based Beverages Market Scope
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
- Milk
- Others
- Source
- Soy Beverages
- Almond Beverages
- Coconut Beverages
- Rice Beverages
- Others
- Function
- Cardiovascular Health
- Cancer Prevention
- Bone Health
- Lactose Free Alternative
- Others
Plant-Based Beverages Market Regional Analysis/Insights
The plant-based beverages market is analysed and market size insights and trends are provided by country, type, source and function as referenced above.
The countries covered in the plant-based beverages market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Plant-Based Beverages Market Share Analysis
The plant-based beverages market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to plant-based beverages market.
Some of the major players operating in the plant-based beverages market are:
- Bayer AG (Germany)
- Abbott (U.S.)
- DSM (Netherlands)
- (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)
- 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)
- Europe Plant-Based Beverages Market Scope and Market Size
- On the basis of type, the plant-based beverages market is segmented into milk and others
- On the basis of source, the plant-based beverages market is segmented into almond, soy, coconut, rice and others. Others segment is further segmented into cashew, oats, pea, hemp and hazelnut.
- On the basis of function, the plant-based beverages market is segmented into cardiovascular health, cancer prevention, bone health, lactose free alternative and others.
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Europe Plant-Based Beverages Market
- Get TOC Details
https://www.databridgemarketresearch.com/toc/?dbmr=europe-plant-based-beverages-market
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