Plant-Based Beverages Market 2023 Outlook, Current And Future Industry Landscape Analysis 2029

Market Overview:

The Global Plant-Based Beverages Market Is Expected To Grow At A Significant Growth Rate, And The Analysis Period Is 2022-2028, Considering The Base Year As 2021.

Drinks or milks that are made from seeds, grains, or a variety of other plant materials are known as plant-based beverages (PBBs), and the plant elements are extracted into water to create the desired drink. Today, plant-based beverages (PBB) serve as the primary alternatives to cow's milk for people who must adhere to dietary restrictions because of their health or because they prefer plant-based foods. However, social media trends and public awareness of the advantages of plant-based over animal-based beverages are the main drivers of PBB's popularity.

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Market Dynamics

Driver:

In both the developed and developing markets, plant-based beverages have been particularly well-liked. The increase in dairy allergy cases can be blamed for this. The market for plant-based beverages is expanding as a result of rising health consciousness and disposable income. The introduction of new healthy components by various market participants is another element that contributes to the market's continued growth.

Opportunities:

Consumer preference for plant-based beverages over animal-based beverages has resulted in an apparent shift toward plant-based foods and beverages. Consumer demand for plant-based protein supplements has increased as a result of the shift toward a plant-based diet, providing ongoing potential for manufacturers of plant-based beverages. For instance, most customers choose to buy plant-based protein powders like rice and pea rather than whey-based ones. The market for plant-based protein supplements is also rapidly expanding in the field of sports nutrition, as athletes increasingly incorporate plant-based proteins into their workout routines. On the other hand, the market for plant-based beverages is predicted to benefit from rising vegan population desire for such beverages as well as the development of new flavours and varieties.

Key Chapter Will Be Provided In The Report

•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis
•SWOT Analysis

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Market Segmentation

By Type

•Milk
•Other Drinks

By Source

•Soy
•Coconut
•Rice
•Oat
•Nuts
•Others

By Distribution Channel

•Convenience Stores
•Specialty Stores
•Supermarkets
•Online Stores
•Others

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Regional Analysis Of Plant-Based Beverages Market:

The plant-based Beverages Market is growing rapidly, especially in the region of Europe and North America, with North America holding the dominant position in terms of total share and revenue in the Global Plant-based Beverages Market. Developed countries in North America are showing a great trend of vegan lifestyle. Rising environmental concerns and Rise of Food Intolerance and Food allergies in the Region are the primary factors that are positively influencing the growth by leading to increase in the adoption of dairy alternatives in North America.

By Region

•North America (U.S., Canada, Mexico)
•Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
•Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
•South America (Brazil, Argentina, Rest of SA)

Players Covered in Plant-Based Beverages Market are:

•SunOpta Inc. (Canada)
•The Hain Celestial Group Inc. (US)
•Blue Diamond Growers (US)
•Noumi Ltd. (Austrilia)
•Califia Farms (US)
•Oatly Group AB (Sweden)
•Danone S.A. (France)
•Nestlé S.A. (Switzerland)
•Koia (US)
•Pacific Foods of Oregon LLC (US)
•Marusan-Ai Co Ltd. (Japan)
•Living Harvest Foods Inc. (US)
•Harmless Harvest (US)
•Earth's Own Food Inc. (Canada) and Other Key Players

Key Industry Developments in the Global Plant-Based Beverages Market:

In January 2023, Califia Farms Launched its USDA-Certified Organic Oat milk and Almond milk Among Other Newest Items. Like all Califia Farms products, these new launches are also made with plant-based, dairy-free ingredients and being Non-GMO Certified, Kosher, vegan, and free from carrageenan and soy. These latest offerings are designed to meet the needs of consumers seeking products with lesser ingredients and also at an accessible price.

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Table Of Content

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Source
 3.3 By Distribution Channel

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Plant-Based Beverages Market by Type

To Be Continued……

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