Plant-based Beverages Market: Global Industry Analysis and Forecast (2024-2030) by Product, Source, and Region.

Plant-based Beverages Market Overviews

Plant drinks are drinks that can be replaced by dairy products. These drinks are plant-based and are considered a very healthy alternative to dairy products. Soy milk, rice milk, oat milk, cashew milk, coconut milk, flax milk and almond milk are some of the most popular choices for plant-based beverages around the world. They are measured vigorous, due to the occurrence of several indispensable vitamins and minerals. They are also low in fat, cholesterol, and lactose-free. We have considerd segement analysis in the plant-based beverages market as by product, source and region.

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Plant-based Beverages Market Scope and Methodology:

In addition to vegans and those who simply want to eat more plant foods, plant-based dairy alternatives are for people who are allergic to dairy products or are sensitive to the lactose found in regular dairy products. The increasing number of cases of lactose intolerance, especially in developed countries such as U.S, and Canada, has increased the opportunities for vegan beverages, which is driving the growth of the plant-based beverages market.

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Plant-based Beverages Market Regional Insights

The North American region dominated the plant-based beverages market with a 40.2% share in 2023. Consumer demand for plant-based foods is on the rise, owing to the health benefits they provide, this has boosted regional demand for plant-based foods. As it contains natural and unique items, this market's demand is growing. Because North America has the greatest market, consumers may readily purchase their products on the internet. Growing consumer health awareness in the United States is resulting in lower sugar and fat consumption, as well as higher protein consumption and overall nutritional balance.

Plant-based Beverages Market Segmentation

By Source, the market is segmented as Fruit, Soy, Nuts, Rice and Others. Fruit Segment dominated the plant-based beverages market with a 38.2% share in 2023. This is due to a rise in demand for products containing high levels of vitamins, zinc, and iron for proper body health in various countries like India and China. Berries, bananas, grapes, and mangoes are some of the most popular Plant-based fruits beverage among customers. Because of the rise in health-conscious people in many emerging countries such as the United States and the United Kingdom, this category is in great demand and also contributing to fuelling the demand of the market.

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Plant-based Beverages Market Key Players

Danone S.A (France)
Pacific Foods of Oregon, LLC (Canada)
LBlue Diamond Growers, Inc. (U.S)
SunOpta (Canada)
The Hain Celestial Group, Inc (New York)
Freedom Foods Group Ltd. (Australia)
Califia Farms (U.S)
Harmless Harvest (California)
Koia (U.S)

Key questions answered in the Plant-based Beverages Market are:

What is Plant-based Beverages?
What was the Plant-based Beverages market size in 2023?
What is the growth rate of the Plant-based Beverages Market?
Which are the factors expected to drive the Plant-based Beverages market growth?
What are the different segments of the Plant-based Beverages Market?
What growth strategies are the players considering to increase their presence in Plant-based Beverages?
What are the upcoming industry applications and trends for the Plant-based Beverages Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Plant-based Beverages Market?
Who are the leading companies and what are their portfolios in Plant-based Beverages Market?
What segments are covered in the Plant-based Beverages Market?
Who are the key players in the Plant-based Beverages market?


Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations


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Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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