Press release
Vegan Drinks Market Growth, Size, Analysis, Outlook by Trends, Opportunities and Forecast to 2030
Vegan Drinks Market
Oats, soy, almond, cashew, coconut, rice, and other ingredients are commonly used in vegan drinks. Coke, ordinary Pepsi, almond breeze, orange soda, fruit juices, coffee, and more vegan beverages are available. Vegan beverages are also available in a variety of flavours. Vegan drinks are beneficial to one's health because they include essential nutrients. The rise of the vegan drinks industry is being fueled by rising demand for vegan foods and beverages as a result of rising cases of lactose intolerance and milk allergies. In addition, rising demand for organic agriculture products is propelling the industry forward. The expensive expense of vegan beverages, on the other hand, is limiting market expansion.
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Global Vegan Drinks Market- Segmental Analysis
By Key Players
Beverage Universe
Vegan Tipples
Chobani, LLC.
PepsiCo, Inc
THE BRIDGE S.R.L
Fentimans Ltd
Guinness & Co.
SIMANDL, spol. s r. o
The Good Pea Co.
Soho Juice Co. Ltd
PAISLEY DRINKS CO. LTD.
SunOpta
Vvegano
Starbucks
Coco-cola
Alfa Laval
Archer Daniels Midland Company
BLUE DIAMOND GROWERS
HAIN CELESTIAL GROUP, INC.
LIVING HARVEST FOODS INC.
ORGANIC VALLEY CROPP COOPERATIVE
PANOS BRANDS LLC (KONINKLIJKE WESSANEN N.V.)
Hain Celestial Group
Vegan Drinks Market based on Type
• Vegan hot drinks
• Vegan Cold drinks
• Vegan Juices
• Others
Based on type, Vegan juices segment is anticipated to dominate the market owing to increasing demand for vegan Juices as juices have been an integral part of fitness, nutrition and lifestyle blogs. Also growing consumer inclination towards healthy products are further boosting segmental expansion. products.
Vegan Drinks Market based on Source
• Soy based
• Coconut based
• Rice based
• Almond based
• Oats based
• Fruits based
• Hazelnut based
• Hemp based
• Cashew based
• Flax based
• Others
Based on Source, Almond based segment is anticipated to dominate the market ascribing to accelerated demand for plant based diet and dairy alternatives. Almond based drink has rich texture and flavour and is naturally dairy - free in nature., Also, almond is an excellent and natural source of vitamin E which is a fat-soluble antioxidant that helps protecting the body from free radical damage.
Vegan Drinks Market based on Packaging Type
• Cans
• Bottles
• Pouches
• Others
Vegan Drinks Market based on Sales Channel
• B2B
• B2C
Vegan Drinks Market based on Flavour
• Plain
• Flavoured
Vegan Drinks Market based on Distribution Channel
• Hypermarkets & Supermarkets
• Convenience Stores
• Specialty Stores
• Online
• Others
Vegan Drinks Market: Regional Analysis
North America is expected to account for the largest market share due to rise in trend of veganism and increase in consumer's awareness towards health and fitness in this region. According to the 'Vegetarianism in America' study published by Vegetarian Times Magazine 2021, in the US, the number of vegans went up from 0.4 percent to almost 3.5 percent
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FREQUENTLY ASKED QUESTIONS?
Q1. What will be the Vegan Drinks Market Size From 2021 to 2031?
Q2. What is the CAGR of Vegan Drinks Market?
Q3. How can I get sample report of Vegan Drinks Market?
Q4. Which is the base year calculated in the Vegan Drinks Market report?
Q5. Which are the top companies in the Vegan Drinks Market?
Q6. What are the segments of Vegan Drinks Market?
Q7. What are the key trends in the Vegan Drinks Market report?
Q8. Which region holds the maximum market share of the Vegan Drinks Market?
Q9. How will the COVID-19 pandemic impact the Vegan Drinks Market in 2022?
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