Press release
Increasing Consumer Awareness to Fuel Adoption of Plant-based Beverage Market
Worldwide demand for plant-based beverages is estimated to grow by leaps and bounds, on account of consumers' holistic approach to health and wellness. The demand for plant-based beverages is likely to expand at a CAGR of over 6% through 2028, as per the latest research study published by Persistence Market Research (PMR). The growth of plant-based beverages continues to be influenced by the pervasive trend of veganism and flexitarianism, which have become increasingly popular among health-savvy consumers.Rapid gravitation toward plant-based diets is creating favorable grounds for growth of plant-based beverages, finds the PMR analysis. Increasing cases of food allergies and lactose intolerance is inducing a notable reluctance toward animal-based products, assisting the growth of plant-based beverages market.
Order the sample copy of report@ https://www.persistencemarketresearch.com/samples/27625
According to the PMR research study, consumers will continue to show marked preferences for dairy alternatives over any other source type, with global demand estimated to surpass US$ 25.5 Bn by the end of 2028. Diary alternatives, such as soy milk, almond milk, rice milk, oats milk, coconut milk, cashew milk, and seed milk, are expected to witness high indulgence, with demand varying from region to region. In line with the aforementioned, market players are vying to offer dairy alternatives in enticing flavors to meet the insatiable consumer demand for 'Taste and Wellness'.
As per the PMR report, organic plant-based beverages are likely to put conventional variants in the shade, with consumers increasingly opting for organic as a trustworthy investment. Quality combined with numerous health benefits remains one among the key selling point of organic plant-based beverages, with global demand estimated to grow at a CAGR of over 7% through 2028. Moreover, the upswing in sales of organic plant-based beverages can also be attributed to positive perceptions of consumers associated with organically grown and produced foods & beverages.
Download TOC, list of figures & tables@ https://www.persistencemarketresearch.com/market-research/plant-based-beverage-market/toc
APEJ to Remain a Significant Region for Producers of Plant-based Beverages, Pervasive Trend of Veganism & Flexitarianism Creates Opportunities
North America, Western Europe, and APEJ (Asia Pacific excluding Japan) hold more than 79.5% of the total share for plant-based beverages. Surging preferences for healthy diets and rising concerns for animal welfare are among the key reasons driving the growth of plant-based beverages market in these regions.
According to the PMR report, producers are extensively targeting untapped potential across emerging economies of MEA and APEJ, as these are under-penetrated markets with progressive growth in consumers' per-capita income levels. The study unveils that evolving eating habits of consumers are likely to drive demand for healthier alternatives, such as plant-based beverages. This, in turn, demonstrates a healthy growth of plant-based beverages market over the forecast period. In addition, increasing reluctance toward soft drinks, carbonated drinks, and energy drinks is also inducing a drastic shift toward plant-based beverages, influencing the growth of plant-based beverages market.
Manufacturers operating in the plant-based beverages market are also focusing on expanding the appeal of their products by tapping into innovative replacements and approaches. The plant-based beverages producing companies are vying to discover and find out what consumers really want to purchase, which will enable them to incorporate the same in their products via new additions.
Producers are spanning across different countries and cultures to analyze consumer attitudes at a granular level, which will aid in solidifying their sustenance in the plant-based beverages market. Offering customer-relevant products that will take over the market shelves remains the key to consolidation in the plant-based beverages market, states the PMR analysis.
For In-Depth Competitive Analysis, Buy Now @https://www.persistencemarketresearch.com/checkout/27625
Contact Us:
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Increasing Consumer Awareness to Fuel Adoption of Plant-based Beverage Market here
News-ID: 2758132 • Views: …
More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…

Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…

Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…

Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for PMR
Starch Derivatives Market Outlook by 2021 : PMR
Starch derivatives, also known as modified starch, are prepared by enzymatically, physically or chemically treating native starch to alter its properties. Starch derivatives are used in a number of industries for various functions. They are used as thickeners and stabilizers in the food and beverage industry, as a tablet binder in the pharmaceutical industry, as an emulsifier in cosmetics, and fiber additive in the animal feed. Some of the other…
Yeast Ingredients Market Outlook by 2021 : PMR
Yeasts are chemoorganotrophs, as they use organic compounds to source energy and do not require sunlight for growth or survival. Yeasts are usually unicellular; although some species may be multi-cellular. The size of yeast depends on the species. Yeasts usually measure 3 to 4 µm in diameter. However, certain yeasts reach up to 40 µm in diameter. Yeasts reproduce asexually through mitosis (a process, in which, the chromosomes in a…
Confectionery Market Outlook by 2021 : PMR
The confectionery market is one of the growing sectors globally . Usually, confections are low in nutrients and high in calorie. Sugar-free confections are gaining popularity in the recent years due to factors such as increasing obesity rate, increasing number of diabetic patients, increasing nutritional and health concerns, and changing lifestyle. The confectionery market can be primarily divided into two broad categories: sugar confectionery and bakers’ confectionery . Sugar confectionery…
Cereal Bars Market Outlook by 2021 : PMR
A cereal bar is made up of nuts, oats, sugar, dry fruits, flour, honey, wheat, corn, and puffed rice. Cereal bars have always been perceived as on-the-go breakfast snack items that are healthier alternatives of chocolate and other snacks. Cereal bars are high in fiber and protein and low in carbohydrates, vitamins, minerals, sodium, and antioxidants. They come in various flavors such as chocolate, peanut butter, banana, caramel, banana, honey,…
Functional Flours Market Share by 2026 : PMR
The natural flours used for specialty applications in the food industry and undergoes different treatment process to improve their properties are called functional flours. The various properties of functional flours include cold binding capacity, thermal binding capacity, machinability, dough hydration etc. The functional flours are classified as waxy, multi-benefit, instant and granulated type depending on its features. They undergo different physical and nutritional treatment to enhance its features. In dietary…
Global Ceilings Market Snapshot by 2020 : PMR
Ceiling is overhead interior portion within the room which covers the upper portion of the room. Main purpose of ceiling is to achieve the desired height of the roof in the room. Ceilings are frequently decorated with attractive paintings, mosaic tiles and other different designs. Major advantage of decorated ceiling is that it gets protected from damage by fingers and dust. There are certain ceilings which are fire resistance; dropping…