Plant-Based Beverages Market - Industry Trends and Forecast to 2029

Plant-Based Beverages Market - Industry Trends and Forecast to 2029
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 has 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.
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