Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Plant-Based Beverages Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global plant-based beverages market size reached US$ 28.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 46.5 Billion by 2028, exhibiting a growth rate (CAGR) of 12.41% during 2023-2028.

Plant-based beverages refer to healthy drinks that are manufactured and processed from plant materials, such as grains and seeds, and extracted in water. Rice milk, soymilk, tea and coffee are some of the commonly available plant-based beverages. They are low in calories and rich in protein, calcium, vitamins A and D, and B-complex, and DHA omega-3s or probiotics. Plant-based beverages are commonly consumed as an alternative to dairy products as they consist of a healthy combination of mono- and polyunsaturated fats and have zero concentration of lactose. As a result, plant-based beverages assist in reducing the risk of developing heart diseases, strokes, and diabetes.

 

 
 

www.imarcgroup.com

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

Plant-Based Beverages Market Trends:

The increasing health consciousness among masses across the globe is creating a positive outlook for the market. Plant-based beverages provide hydration and serve as a source of various essential nutrients, vitamins, minerals and protein that helps in lowering the risk of cardiovascular diseases (CVDs), improving immunity, and strengthening bone health. In line with this, the widespread consumption of plant-based beverages among the vegan population due to the rising prevalence of lactose intolerance and various kinds of food allergies is favoring the market growth. Apart from this, the launch of plant-based beverages formulated with additional healthy ingredients, such as oat-based options, are providing a considerable boost to the market growth. Additionally, the increasing demand for plant-based supplements in the sports and nutrition industry is positively impacting the market growth. Other factors, including rising expenditure capacities of consumers, the widespread product adoption in cafes and bakeries, significant advancements in processing technologies, and the increasing demand for ready-to-drink (RTD) beverages due to the busy lifestyles and hectic schedules, are anticipated to drive the market further toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global plant-based beverages market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, product and distribution channel.

Breakup by Type:

 

 

 
 

www.imarcgroup.com

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

  • Soy-based
  • Coconut-based
  • Almond-based
  • Rice-based
  • Oats-based
  • Hemp-based
  • Hazelnut-based
  • Cashew-based
  • Flax-based
     

Breakup by Product:

  • Plain
  • Flavored
     

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Stores
     

Breakup by Region:

 

 

 
 

www.imarcgroup.com

To get more information on the regional analysis of this market, Request Sample

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Blue Diamond Growers Inc, Califia Farms LLC, Danone S.A., Drink Koia Online, Kikkoman Corporation, Organic Valley, Pacific Foods of Oregon LLC (Campbell Soup Company), PureHarvest, Ripple Foods, SunOpta Inc. and The Coca-Cola Company.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Type, Product, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Blue Diamond Growers Inc, Califia Farms LLC, Danone S.A., Drink Koia Online, Kikkoman Corporation, Organic Valley, Pacific Foods of Oregon LLC (Campbell Soup Company), PureHarvest, Ripple Foods, SunOpta Inc. and The Coca-Cola Company
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global plant-based beverages market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global plant-based beverages market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global plant-based beverages market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1 Primary Sources
        2.3.2 Secondary Sources
    2.4    Market Estimation
        2.4.1 Bottom-Up Approach
        2.4.2 Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Plant-Based Beverages Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Type
    6.1    Soy-based
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Coconut-based
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Almond-based
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Rice-based
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Oats-based
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Hemp-based
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Hazelnut-based
        6.7.1 Market Trends
        6.7.2 Market Forecast
    6.8    Cashew-based
        6.8.1 Market Trends
        6.8.2 Market Forecast
    6.9    Flax-based
        6.9.1 Market Trends
        6.9.2 Market Forecast
7   Market Breakup by Product
    7.1    Plain
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Flavored
        7.2.1 Market Trends
        7.2.2 Market Forecast
8   Market Breakup by Distribution Channel
    8.1    Supermarkets and Hypermarkets
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Convenience Stores
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Specialty Stores
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Online Stores
        8.4.1 Market Trends
        8.4.2 Market Forecast
9   Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
14  Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Blue Diamond Growers Inc
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Califia Farms LLC
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Danone S.A.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Drink Koia Online
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Kikkoman Corporation
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Organic Valley
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Pacific Foods of Oregon LLC (Campbell Soup Company)
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    PureHarvest
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Ripple Foods
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    SunOpta Inc.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    The Coca-Cola Company
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis

List of Figures

Figure 1: Global: Plant-Based Beverages Market: Major Drivers and Challenges
Figure 2: Global: Plant-Based Beverages Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Plant-Based Beverages Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Plant-Based Beverages Market: Breakup by Type (in %), 2022
Figure 5: Global: Plant-Based Beverages Market: Breakup by Product (in %), 2022
Figure 6: Global: Plant-Based Beverages Market: Breakup by Distribution Channel (in %), 2022
Figure 7: Global: Plant-Based Beverages Market: Breakup by Region (in %), 2022
Figure 8: Global: Plant-Based Beverages (Soy-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Plant-Based Beverages (Soy-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Plant-Based Beverages (Coconut-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Plant-Based Beverages (Coconut-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Plant-Based Beverages (Almond-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Plant-Based Beverages (Almond-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Plant-Based Beverages (Rice-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Plant-Based Beverages (Rice-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Plant-Based Beverages (Oats-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Plant-Based Beverages (Oats-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Plant-Based Beverages (Hemp-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Plant-Based Beverages (Hemp-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Plant-Based Beverages (Hazelnut-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Plant-Based Beverages (Hazelnut-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Plant-Based Beverages (Cashew-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Plant-Based Beverages (Cashew-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Plant-Based Beverages (Flax-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Plant-Based Beverages (Flax-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Plant-Based Beverages (Plain) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Plant-Based Beverages (Plain) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Plant-Based Beverages (Flavored) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Plant-Based Beverages (Flavored) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Plant-Based Beverages (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Plant-Based Beverages (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Plant-Based Beverages (Convenience Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Plant-Based Beverages (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Plant-Based Beverages (Specialty Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Plant-Based Beverages (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Plant-Based Beverages (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Plant-Based Beverages (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: North America: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: North America: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: United States: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: United States: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Canada: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Canada: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Asia-Pacific: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Asia-Pacific: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: China: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: China: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Japan: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Japan: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: India: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: India: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: South Korea: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: South Korea: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Australia: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Australia: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Indonesia: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Indonesia: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Others: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Others: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Europe: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Europe: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Germany: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Germany: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: France: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: France: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: United Kingdom: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: United Kingdom: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Italy: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Italy: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Spain: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Spain: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Russia: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Russia: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Others: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Others: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Latin America: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Latin America: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Brazil: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Brazil: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Mexico: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Mexico: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Others: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Others: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Middle East and Africa: Plant-Based Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Middle East and Africa: Plant-Based Beverages Market: Breakup by Country (in %), 2022
Figure 86: Middle East and Africa: Plant-Based Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Global: Plant-Based Beverages Industry: SWOT Analysis
Figure 88: Global: Plant-Based Beverages Industry: Value Chain Analysis
Figure 89: Global: Plant-Based Beverages Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Plant-Based Beverages Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Plant-Based Beverages Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Plant-Based Beverages Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 4: Global: Plant-Based Beverages Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 5: Global: Plant-Based Beverages Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Plant-Based Beverages Market: Competitive Structure
Table 7: Global: Plant-Based Beverages Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Related Report

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links

4