Global Plant-Based Beverages Market Valued at US$ 19.39 Billion in 2023, Anticipated to Grow at a 12.2% CAGR During the Forecast Period

Anticipated Growth in Revenue:

Plant-based Beverages Market size was valued at US$ 19.39 Bn. in 2023. The global Plant-based Beverage Market is estimated to grow at a CAGR of 12.2% over the forecast period.

Plant-based Beverages Market Overview:

Stellar Market Research, has published market intelligence and competitive landscape report on the Plant-based Beverages Market. The report combines primary and secondary data, and field experts have examined the Plant-based Beverages Market from a local, regional, and global point of view.

𝐔𝐧𝐥𝐨𝐜𝐤 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐎𝐮𝐫 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰:https://www.stellarmr.com/report/req_sample/Plant-based-Beverages-Market/286

What are Plant-based Beverages Market Dynamics?

The market for plant-based drinks is expanding as a result of consumers' growing demand for wholesome beverages:

Plant-based dairy substitutes are for persons who are allergic to dairy products or who are sensitive to the lactose present in conventional dairy products, in addition to vegans and people who just wish to eat more plant-based cuisine. The market for plant-based drinks is expanding due to the rise of lactose intolerance cases, particularly in industrialized nations like the United States and Canada. These instances have created more chances for vegan beverages.

Furthermore, the market for plant-based drinks may expand more quickly due to the numerous advantages they provide, such as bettering mental and physical health. The market for plant-based beverages is expanding faster due to rising knowledge of the advantages that fruits, vegetables, and nuts provide for health. One of the main factors driving the market's growth is consumers' growing awareness of health issues as a result of their hectic and sedentary lifestyles.

𝐍𝐞𝐞𝐝 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 + 𝐆𝐫𝐚𝐩𝐡𝐬 𝐇𝐞𝐫𝐞:https://www.stellarmr.com/report/enquire_now/Plant-based-Beverages-Market/286

What is Plant-based Beverages Market Regional Insight?

With a 40.2% market share in 2023, the North American area led the market for plant-based drinks. Due to the increased health advantages that plant-based meals offer, consumer demand for them is rising, which has increased demand for plant-based foods locally. The demand for this industry is rising since it offers natural and distinctive products. Customers may easily buy their items online because North America has the largest market. In the US, rising consumer health consciousness is leading to increased protein intake and overall nutritional balance while decreasing consumption of sugar and fat.

What is Plant-based Beverages Market Segmentation?

By Product

Plain
Flavoured
Others

By Source

Fruit
Soy
Nuts
Rice
Others

𝐅𝐑𝐄𝐄 𝐆𝐞𝐭 𝐚 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰! @https://www.stellarmr.com/report/req_sample/Plant-based-Beverages-Market/286

Some of the current players in the Plant-based Beverages Market are:

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)
Vitasoy International Holdings Ltd. (Hong Kong)
Daiya Foods Inc. (Canada)
Taifun - Tofu Gmbh (Germany)
Garden Protein International Inc. (Canada)
Lightlife Foods Inc. (U.S)
Axiom Foods (U.S)

𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐀𝐛𝐨𝐮𝐭 𝐓𝐡𝐢𝐬 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐏𝐥𝐞𝐚𝐬𝐞 𝐕𝐢𝐬𝐢𝐭:https://www.stellarmr.com/report/Plant-based-Beverages-Market/286

Key Offerings:

Past Market Size and Competitive Landscape
Plant-based Beverages Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Plant-based Beverages Market Segmentation - A detailed analysis by Product
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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About Stellar Market Research:

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. Firm research on many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provide numerous services i.e. consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.

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