Plant-Based Beverages Market Size, Share, Growth Analysis
Author : pratik patil | Published On : 10 Apr 2024
"A strong research methodology used in the widespread Plant-Based Beverages Market report consists of data models that include market overview and guide, vendor positioning grid, market time line analysis, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. In this report, a methodical SWOT analysis & investment analysis is performed which forecasts forthcoming opportunities for the market players. With the efficient use of technology, innovative applications and expertise, Plant-Based Beverages Market research report is structured which successfully manages large and complex market data tables. Businesses can thrive in this swiftly changing marketplace by adopting such market report.
The persuasive Plant-Based Beverages Market report helps effortlessly figure out brand awareness and perception of the brand and product among potential customers of the Plant-Based Beverages Market industry. Few aspects are kept into view while formulating this global market report and include the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The report estimates 2023-2030 market development trends for Plant-Based Beverages Market industry. Plant-Based Beverages Market analysis report puts on view significant product developments and tracks recent acquisitions, mergers and research in the Plant-Based Beverages Market industry by the key players.
Data Bridge Market Research analyses that the global plant-based beverages market was valued at USD 18.63 billion and is expected to reach the value of USD 38.12 billion by 2030, at a CAGR of 9.57% during the forecast period of 2023-2030.
Explore Further Details about This Research Plant-Based Beverages Market Report https://www.databridgemarketresearch.com/reports/global-plant-based-beverages-market
Plant-Based Beverages Market Scope and Segmentation
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REPORT METRIC |
DETAILS |
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Forecast Period |
2023 to 2030 |
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Base Year |
2022 |
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Historic Years |
2021 (Customizable to 2015-2020) |
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Quantitative Units |
Revenue in USD Billions, Volumes in Units, Pricing in USD |
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Segments Covered |
Type (Milk, Others), Source (Almond, Soy, Coconut, Rice and Others), Function (Cardiovascular Health, Cancer Prevention, Bone Health, Lactose Free Alternative and Others) |
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Countries Covered |
U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
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Market Players Covered |
Glanbia plc. (Ireland), Now Health Group, Inc. (U.S.), Nutiva Inc (U.S.), The Simply Good Food Co (U.S.), Iovate Health Sciences International Inc. (Canada), MusclePharm Corporation (U.S.), Kerry Group Plc (Ireland), CytoSport, Inc. (U.S.), The Nature's Bounty Co. (U.S.), Reliance Vitamin Company, Inc. (U.S.), Herbalife Nutrition, Inc. (U.S.), Danone SA (France), General Nutrition Centers (GNC) Holdings, Inc. (U.S.), Orgain Inc. (U.S.), True Nutrition (U.S.) |
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Market Opportunities |
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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 are almond beverages.
Global Plant-Based Beverages Market Dynamics
Drivers
- Rising Prevalence of Chronic Lifestyle Diseases and Intolerance to Dairy Beverages
One of the key factors driving global market growth is the rising prevalence of chronic lifestyle diseases and intolerance to animal protein. Furthermore, the widespread adoption of vegan eating habits around the world is propelling market growth. With rising consumer awareness of animal health and the rise in lactose intolerants around the world, there is a shift in global preference for plant-based beverages products. As a result, the market has a more positive outlook.
- Growing global Lactose Intolerant Population
Lactose intolerance is one of the most recent opportunities for a global market. The vast majority of the world's population will remain lactose intolerant. This segment of the global population will always require a lactose-free alternative, which the plant-based beverages industry can provide. Another possibility is the sustainable living movement, which advocates for climate and animal-safe beverages. As people make more environmentally conscious choices to reduce their domestic carbon footprint, the global market is paying close attention to an excellent opportunity for global plant-based beverages market.
Opportunity
- Rising Demand for Plant Based Diets
Developing novel products, such as plant-based beverages, eggs, and meat, stimulates growth. These products are high in essential nutrients and taste almost identical to their animal-derived counterparts. Other factors, such as extensive promotional activities by celebrities and athletes to encourage the consumption of vegetarian products in order to maintain a healthy lifestyle and the ease of product availability via proliferating online retail channels, are expected to drive the market even further.
The investment made in the study would provide you access to information such as:
- Plant-Based Beverages Market [Global Plant-Based Beverages Market – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
- Country wise Market Size Split [of important countries with major Plant-Based Beverages Market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter's Five Forces, etc.
- Market Size)
- Market Size by application/industry verticals
- Market Projections/Forecast
Why choose Data Bridge Market Research?
- Modern technologies, such as artificial intelligence, to provide updated industry growth.
- DBMR team provides clients with the top notch Plant-Based Beverages Market research report.
- Interaction with research scientists and development heads to understand the nature of the Plant-Based Beverages Market more precisely.
- 24/7 availability of services.
- Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Plant-Based Beverages Market size
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