April 24, 2024

Plant-based Beverages Market Size to Worth US$ 73.19 Billion By 2032

The global plant-based beverages market size was approximate at US$ 27.90 billion in 2022 and is anticipated to grow US$ 73.19 billion by 2032, registering a compound annual growth rate of 10.12% from 2023 to 2032.

Plant based Beverages Market Size 2023 To 2032 - Precedence Statistics

The plant-based beverages market report covering various industry elements and growth trends helpful for predicting the market’s future.

The study provides a strong base for the plant-based beverages market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2032.

This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2023 g0066ztr to 2032. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the plant-based beverages report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the plant-based beverages market have been studied and analysed across many developments.

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Plant-based Beverages Market Report Scope

Report Coverage Details
Market Size in 2023 USD 30.72 Billion
Market Size by 2032 USD 73.19 Billion
Growth Rate from 2023 to 2032 CAGR of 10.12%
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Source, By Type, By Product, By Distribution Channel and By Function

Also read: Carbon Capture and Storage Market Size to Grow US$ 35.70 Billion By 2032

Research Approach

The comprehensive report on the global plant-based beverages market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global plant-based beverages market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

Key Players

  • Bayer AG
  • Abbott
  • DSM
  • DuPont.
  • Amway
  • The Nature’s Bounty Co.
  • GlaxoSmithKline plc.
  • Nestlé SA
  • RiceBran Technologies
  • Mead Johnson & Company, LLC.
  • Medifast, Inc.
  • Premier Nutrition Corporation
  • TOOTSI IMPEX Inc.
  • U.S. Spice Mills, Inc.
  • Health Food Manufacturers’ Association
  • NOW Foods
  • Glanbia PLC
  • Herbalife International of America, Inc.
  • Bionova

Plant-based Beverages Market Segmentations

By Source

  • Coconut
  • Soy
  • Almond
  • Rice
  • Oats
  • Hemp
  • Others

By Type

  • Plant-based Milk
  • Juices
  • Tea and Coffee
  • Others

By Product

  • Plain
  • Flavored

By Distribution Channel

  • Hypermarkets and Supermarkets
  • Specialty Stores
  • Online Stores
  • Others

By Function

  • Sauce & Dressing
  • Carbonated Soft Drink
  • Cardiovascular Health
  • Cancer Prevention
  • Lactose Intolerant
  • Bone Health

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Plant-based Beverages Market 

5.1. COVID-19 Landscape: Plant-based Beverages Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Plant-based Beverages Market, By Source

8.1. Plant-based Beverages Market, by Source, 2023-2032

8.1.1. Coconut

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Soy

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. Almond

8.1.3.1. Market Revenue and Forecast (2020-2032)

8.1.4. Rice

8.1.4.1. Market Revenue and Forecast (2020-2032)

8.1.5. Oats

8.1.5.1. Market Revenue and Forecast (2020-2032)

8.1.6. Hemp

8.1.6.1. Market Revenue and Forecast (2020-2032)

8.1.7. Others

8.1.7.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Plant-based Beverages Market, By Type

9.1. Plant-based Beverages Market, by Type, 2023-2032

9.1.1. Plant-based Milk

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Juices

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. Tea and Coffee

9.1.3.1. Market Revenue and Forecast (2020-2032)

9.1.4. Others

9.1.4.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Plant-based Beverages Market, By Product 

10.1. Plant-based Beverages Market, by Product, 2023-2032

10.1.1. Plain

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Flavored

10.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Plant-based Beverages Market, By Distribution Channel

11.1. Plant-based Beverages Market, by Distribution Channel, 2023-2032

11.1.1. Hypermarkets and Supermarkets

11.1.1.1. Market Revenue and Forecast (2020-2032)

11.1.2. Specialty Stores

11.1.2.1. Market Revenue and Forecast (2020-2032)

11.1.3. Online Stores

11.1.3.1. Market Revenue and Forecast (2020-2032)

11.1.4. Others

11.1.4.1. Market Revenue and Forecast (2020-2032)

Chapter 12. Global Plant-based Beverages Market, By Function

12.1. Plant-based Beverages Market, by Function, 2023-2032

12.1.1. Sauce & Dressing

12.1.1.1. Market Revenue and Forecast (2020-2032)

12.1.2. Carbonated Soft Drink

12.1.2.1. Market Revenue and Forecast (2020-2032)

12.1.3. Cardiovascular Health

12.1.3.1. Market Revenue and Forecast (2020-2032)

12.1.4. Cancer Prevention

12.1.4.1. Market Revenue and Forecast (2020-2032)

12.1.5. Lactose Intolerant

12.1.5.1. Market Revenue and Forecast (2020-2032)

12.1.6. Bone Health

12.1.6.1. Market Revenue and Forecast (2020-2032)

Chapter 13. Global Plant-based Beverages Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Source (2020-2032)

13.1.2. Market Revenue and Forecast, by Type (2020-2032)

13.1.3. Market Revenue and Forecast, by Product (2020-2032)

13.1.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.1.5. Market Revenue and Forecast, by Function (2020-2032)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Source (2020-2032)

13.1.6.2. Market Revenue and Forecast, by Type (2020-2032)

13.1.6.3. Market Revenue and Forecast, by Product (2020-2032)

13.1.6.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.1.6.5. Market Revenue and Forecast, by Function (2020-2032)

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Forecast, by Source (2020-2032)

13.1.7.2. Market Revenue and Forecast, by Type (2020-2032)

13.1.7.3. Market Revenue and Forecast, by Product (2020-2032)

13.1.7.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.1.7.5. Market Revenue and Forecast, by Function (2020-2032)

13.2. Europe

13.2.1. Market Revenue and Forecast, by Source (2020-2032)

13.2.2. Market Revenue and Forecast, by Type (2020-2032)

13.2.3. Market Revenue and Forecast, by Product (2020-2032)

13.2.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.2.5. Market Revenue and Forecast, by Function (2020-2032)

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Source (2020-2032)

13.2.6.2. Market Revenue and Forecast, by Type (2020-2032)

13.2.6.3. Market Revenue and Forecast, by Product (2020-2032)

13.2.7. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.2.8. Market Revenue and Forecast, by Function (2020-2032)

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Source (2020-2032)

13.2.9.2. Market Revenue and Forecast, by Type (2020-2032)

13.2.9.3. Market Revenue and Forecast, by Product (2020-2032)

13.2.10. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.2.11. Market Revenue and Forecast, by Function (2020-2032)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Source (2020-2032)

13.2.12.2. Market Revenue and Forecast, by Type (2020-2032)

13.2.12.3. Market Revenue and Forecast, by Product (2020-2032)

13.2.12.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.2.13. Market Revenue and Forecast, by Function (2020-2032)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Source (2020-2032)

13.2.14.2. Market Revenue and Forecast, by Type (2020-2032)

13.2.14.3. Market Revenue and Forecast, by Product (2020-2032)

13.2.14.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.2.15. Market Revenue and Forecast, by Function (2020-2032)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Source (2020-2032)

13.3.2. Market Revenue and Forecast, by Type (2020-2032)

13.3.3. Market Revenue and Forecast, by Product (2020-2032)

13.3.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.3.5. Market Revenue and Forecast, by Function (2020-2032)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Source (2020-2032)

13.3.6.2. Market Revenue and Forecast, by Type (2020-2032)

13.3.6.3. Market Revenue and Forecast, by Product (2020-2032)

13.3.6.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.3.7. Market Revenue and Forecast, by Function (2020-2032)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Source (2020-2032)

13.3.8.2. Market Revenue and Forecast, by Type (2020-2032)

13.3.8.3. Market Revenue and Forecast, by Product (2020-2032)

13.3.8.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.3.9. Market Revenue and Forecast, by Function (2020-2032)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Source (2020-2032)

13.3.10.2. Market Revenue and Forecast, by Type (2020-2032)

13.3.10.3. Market Revenue and Forecast, by Product (2020-2032)

13.3.10.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.3.10.5. Market Revenue and Forecast, by Function (2020-2032)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Source (2020-2032)

13.3.11.2. Market Revenue and Forecast, by Type (2020-2032)

13.3.11.3. Market Revenue and Forecast, by Product (2020-2032)

13.3.11.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.3.11.5. Market Revenue and Forecast, by Function (2020-2032)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Source (2020-2032)

13.4.2. Market Revenue and Forecast, by Type (2020-2032)

13.4.3. Market Revenue and Forecast, by Product (2020-2032)

13.4.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.4.5. Market Revenue and Forecast, by Function (2020-2032)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Source (2020-2032)

13.4.6.2. Market Revenue and Forecast, by Type (2020-2032)

13.4.6.3. Market Revenue and Forecast, by Product (2020-2032)

13.4.6.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.4.7. Market Revenue and Forecast, by Function (2020-2032)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Source (2020-2032)

13.4.8.2. Market Revenue and Forecast, by Type (2020-2032)

13.4.8.3. Market Revenue and Forecast, by Product (2020-2032)

13.4.8.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.4.9. Market Revenue and Forecast, by Function (2020-2032)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Source (2020-2032)

13.4.10.2. Market Revenue and Forecast, by Type (2020-2032)

13.4.10.3. Market Revenue and Forecast, by Product (2020-2032)

13.4.10.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.4.10.5. Market Revenue and Forecast, by Function (2020-2032)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Source (2020-2032)

13.4.11.2. Market Revenue and Forecast, by Type (2020-2032)

13.4.11.3. Market Revenue and Forecast, by Product (2020-2032)

13.4.11.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.4.11.5. Market Revenue and Forecast, by Function (2020-2032)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Source (2020-2032)

13.5.2. Market Revenue and Forecast, by Type (2020-2032)

13.5.3. Market Revenue and Forecast, by Product (2020-2032)

13.5.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.5.5. Market Revenue and Forecast, by Function (2020-2032)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Source (2020-2032)

13.5.6.2. Market Revenue and Forecast, by Type (2020-2032)

13.5.6.3. Market Revenue and Forecast, by Product (2020-2032)

13.5.6.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.5.7. Market Revenue and Forecast, by Function (2020-2032)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Source (2020-2032)

13.5.8.2. Market Revenue and Forecast, by Type (2020-2032)

13.5.8.3. Market Revenue and Forecast, by Product (2020-2032)

13.5.8.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.5.8.5. Market Revenue and Forecast, by Function (2020-2032)

Chapter 14. Company Profiles

14.1. Bayer AG

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Abbott

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. DSM

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. DuPont.

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Amway

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. The Nature’s Bounty Co.

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. GlaxoSmithKline plc.

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Nestlé SA

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. RiceBran Technologies

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Mead Johnson & Company, LLC.

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

Why should you invest in this report?

If you are aiming to enter the global plant-based beverages market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for plant-based beverages are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2023-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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