The plant-based beverages are derived from plants and are considered to be a healthy alternative to dairy products
. They consist of several essential vitamins and minerals. They are also low on fats and cholesterol and have zero lactose concentration. The plant-based beverages have been gaining traction in the mature and emerging market. This can be attributed to the rising number of people allergic to dairy products such as milk, curd, and others. The vegan population anticipated growth in demand for plant-based beverages and the introduction of new flavors and a variety of products to provide lucrative growth opportunities for the plant-based beverage market.
Market Trends/ Market Scenario
Growing consumer preference for health and sustainability encourages a massive shift toward plant-based beverages as these products are free from harmful chemicals. Moreover, numerous benefits associated with plant-based products are anticipated to fuel market growth in the forecast period.
Market Report Scope/Inclusions
The "Global Plant-based Beverages Market to 2028" is a specialized and in-depth study of the Plant-based Beverages market industry with a focus on the global market trend. The report aims to provide an overview of global Plant-based Beverages market with detailed market segmentation by type, application, and geography namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America.
The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of more than 18 major countries globally along with current trend and opportunities prevailing in the region for Plant-based Beverages market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. Further, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.
The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, Rest of the World after evaluating political, economic, social and technological factors affecting the Plant-based Beverages Market in these regions.
Global Plant-based Beverages - Type
- Plant-Based Milk
- RTD Tea and Coffee
Global Plant-based Beverages - Category
Global Plant-based Beverages – Distribution Channel
- Hypermarkets and Supermarkets
- Convenience Stores
- Online Retailers
The plant-based beverages market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, the key development in the past five years.
The report represents the mix of global & regional market players, emerging companies, market disruptors and niche market players operating at different geographical levels. Within the report, these players are analyzed on different parameters such as market offerings, market initiatives, innovative solutions & offerings, key developments, geographical reach, and customer base among others.
Some of the key players influencing the market are The Coca-Cola Company, PepsiCo, Inc., Danone SA, Chobani, Blue Diamond Growers, Califia Farms, Hain Celestial Group, Kikkoman Corporation, Pacific Foods of Oregon, PureHarvest
Our report on Plant-based Beverages Market cover following key parameters:
- Comprehensive market analysis at global, regional and country level
- Detailed PEST (Political, Economic, Social and Technological) factors impacting the market across key geographic regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America
- Market dynamics (drivers, restraints, opportunities, and future trends) and impact analysis of drivers and restraints at short-term, mid-term and long-term
- Market size and forecasts in terms of revenue; 2020 (historic), 2021 (base year), 2022 – 28 (forecast period)
- In-depth market segmentation and deep dive regional and country level analysis of 18+ countries across 5 key regions
- Key company profiles and industry landscape to provide latest market initiatives and competitive landscape
- Impact of COVID`19 pandemic on ecosystem and the market
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.