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Plant-based Beverages Market Size At Around US$ 73.19 Bn In 2032

The plant-based beverages market would grow at a CAGR of 10.12% over the predicted time frame. The market is expected to increase in value from US$ 27.90 Bn in 2022 to US$ 73.19 Bn in 2032.

Plant based Beverages Market Size 2023 To 2032

The on plant-based beverages Market, which provides a business strategy, research & development activities, concise outline of the market valuation, valuable insights pertaining to market share, size, supply chain analysis, competitive landscape and regional proliferation of this industry.

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A recent report provides crucial insights along with application based and forecast information in the Global Plant-based beverages Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of this market. This study also provides a detailed overview of the opportunities along with the current trends observed in the Plant-based beverages market.

A quantitative analysis of the industry is compiled for a period of 10 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period.

Companies and Manufacturers Covered

The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight. These insights were thoroughly analysed and prime business strategies and products that offer high revenue generation capacities were identified. Key players of the global Plant-based beverages market are included as given below:

Plant-based beverages Market Key Players

  • Bayer AG
  • Abbott
  • DSM
  • DuPont.
  • Amway
  • The Nature's Bounty Co.
  • GlaxoSmithKline plc.
  • Nestlé SA
  • RiceBran Technologies
  • Mead Johnson & Company, LLC.
  • Medifast, Inc.
  • Premier Nutrition Corporation
  • TOOTSI IMPEX Inc.
  • U.S. Spice Mills, Inc.
  • Health Food Manufacturers' Association
  • NOW Foods
  • Glanbia PLC
  • Herbalife International of America, Inc.
  • Bionova 

Market Segments

By Source

  • Coconut
  • Soy
  • Almond
  • Rice
  • Oats
  • Hemp
  • Others 

By Type

  • Plant-based Milk
  • Juices
  • Tea and Coffee
  • Others

By Product

  • Plain
  • Flavored

By Distribution Channel

  • Hypermarkets and Supermarkets
  • Specialty Stores
  • Online Stores
  • Others

By Function

  • Sauce & Dressing
  • Carbonated Soft Drink
  • Cardiovascular Health
  • Cancer Prevention
  • Lactose Intolerant
  • Bone Health 

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

Report Objectives

  • To define, describe, and forecast the global plant-based beverages market based on product, and region
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, opportunities, and industry-specific challenges)
  • To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the total market
  • To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To forecast the size of market segments with respect to four main regions—North America, Europe, Asia Pacific and the Rest of the World (RoW)2
  • To strategically profile key players and comprehensively analyze their product portfolios, market shares, and core competencies3
  • To track and analyze competitive developments such as acquisitions, expansions, new product launches, and partnerships in the plant-based beverages market

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Plant-based Beverages Market 

5.1. COVID-19 Landscape: Plant-based Beverages Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Plant-based Beverages Market, By Source

8.1. Plant-based Beverages Market, by Source, 2023-2032

8.1.1. Coconut

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Soy

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. Almond

8.1.3.1. Market Revenue and Forecast (2020-2032)

8.1.4. Rice

8.1.4.1. Market Revenue and Forecast (2020-2032)

8.1.5. Oats

8.1.5.1. Market Revenue and Forecast (2020-2032)

8.1.6. Hemp

8.1.6.1. Market Revenue and Forecast (2020-2032)

8.1.7. Others  

8.1.7.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Plant-based Beverages Market, By Type

9.1. Plant-based Beverages Market, by Type, 2023-2032

9.1.1. Plant-based Milk

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Juices

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. Tea and Coffee

9.1.3.1. Market Revenue and Forecast (2020-2032)

9.1.4. Others

9.1.4.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Plant-based Beverages Market, By Product 

10.1. Plant-based Beverages Market, by Product, 2023-2032

10.1.1. Plain

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Flavored

10.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Plant-based Beverages Market, By Distribution Channel

11.1. Plant-based Beverages Market, by Distribution Channel, 2023-2032

11.1.1. Hypermarkets and Supermarkets

11.1.1.1. Market Revenue and Forecast (2020-2032)

11.1.2. Specialty Stores

11.1.2.1. Market Revenue and Forecast (2020-2032)

11.1.3. Online Stores

11.1.3.1. Market Revenue and Forecast (2020-2032)

11.1.4. Others

11.1.4.1. Market Revenue and Forecast (2020-2032)

Chapter 12. Global Plant-based Beverages Market, By Function

12.1. Plant-based Beverages Market, by Function, 2023-2032

12.1.1. Sauce & Dressing

12.1.1.1. Market Revenue and Forecast (2020-2032)

12.1.2. Carbonated Soft Drink

12.1.2.1. Market Revenue and Forecast (2020-2032)

12.1.3. Cardiovascular Health

12.1.3.1. Market Revenue and Forecast (2020-2032)

12.1.4. Cancer Prevention

12.1.4.1. Market Revenue and Forecast (2020-2032)

12.1.5. Lactose Intolerant

12.1.5.1. Market Revenue and Forecast (2020-2032)

12.1.6. Bone Health

12.1.6.1. Market Revenue and Forecast (2020-2032)

Chapter 13. Global Plant-based Beverages Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Source (2020-2032)

13.1.2. Market Revenue and Forecast, by Type (2020-2032)

13.1.3. Market Revenue and Forecast, by Product (2020-2032)

13.1.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.1.5. Market Revenue and Forecast, by Function (2020-2032)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Source (2020-2032)

13.1.6.2. Market Revenue and Forecast, by Type (2020-2032)

13.1.6.3. Market Revenue and Forecast, by Product (2020-2032)

13.1.6.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.1.6.5. Market Revenue and Forecast, by Function (2020-2032) 

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Forecast, by Source (2020-2032)

13.1.7.2. Market Revenue and Forecast, by Type (2020-2032)

13.1.7.3. Market Revenue and Forecast, by Product (2020-2032)

13.1.7.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.1.7.5. Market Revenue and Forecast, by Function (2020-2032)

13.2. Europe

13.2.1. Market Revenue and Forecast, by Source (2020-2032)

13.2.2. Market Revenue and Forecast, by Type (2020-2032)

13.2.3. Market Revenue and Forecast, by Product (2020-2032)

13.2.4. Market Revenue and Forecast, by Distribution Channel (2020-2032) 

13.2.5. Market Revenue and Forecast, by Function (2020-2032) 

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Source (2020-2032)

13.2.6.2. Market Revenue and Forecast, by Type (2020-2032)

13.2.6.3. Market Revenue and Forecast, by Product (2020-2032)

13.2.7. Market Revenue and Forecast, by Distribution Channel (2020-2032) 

13.2.8. Market Revenue and Forecast, by Function (2020-2032) 

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Source (2020-2032)

13.2.9.2. Market Revenue and Forecast, by Type (2020-2032)

13.2.9.3. Market Revenue and Forecast, by Product (2020-2032)

13.2.10. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.2.11. Market Revenue and Forecast, by Function (2020-2032)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Source (2020-2032)

13.2.12.2. Market Revenue and Forecast, by Type (2020-2032)

13.2.12.3. Market Revenue and Forecast, by Product (2020-2032)

13.2.12.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.2.13. Market Revenue and Forecast, by Function (2020-2032)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Source (2020-2032)

13.2.14.2. Market Revenue and Forecast, by Type (2020-2032)

13.2.14.3. Market Revenue and Forecast, by Product (2020-2032)

13.2.14.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.2.15. Market Revenue and Forecast, by Function (2020-2032)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Source (2020-2032)

13.3.2. Market Revenue and Forecast, by Type (2020-2032)

13.3.3. Market Revenue and Forecast, by Product (2020-2032)

13.3.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.3.5. Market Revenue and Forecast, by Function (2020-2032)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Source (2020-2032)

13.3.6.2. Market Revenue and Forecast, by Type (2020-2032)

13.3.6.3. Market Revenue and Forecast, by Product (2020-2032)

13.3.6.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.3.7. Market Revenue and Forecast, by Function (2020-2032)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Source (2020-2032)

13.3.8.2. Market Revenue and Forecast, by Type (2020-2032)

13.3.8.3. Market Revenue and Forecast, by Product (2020-2032)

13.3.8.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.3.9. Market Revenue and Forecast, by Function (2020-2032)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Source (2020-2032)

13.3.10.2. Market Revenue and Forecast, by Type (2020-2032)

13.3.10.3. Market Revenue and Forecast, by Product (2020-2032)

13.3.10.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.3.10.5. Market Revenue and Forecast, by Function (2020-2032)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Source (2020-2032)

13.3.11.2. Market Revenue and Forecast, by Type (2020-2032)

13.3.11.3. Market Revenue and Forecast, by Product (2020-2032)

13.3.11.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.3.11.5. Market Revenue and Forecast, by Function (2020-2032)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Source (2020-2032)

13.4.2. Market Revenue and Forecast, by Type (2020-2032)

13.4.3. Market Revenue and Forecast, by Product (2020-2032)

13.4.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.4.5. Market Revenue and Forecast, by Function (2020-2032)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Source (2020-2032)

13.4.6.2. Market Revenue and Forecast, by Type (2020-2032)

13.4.6.3. Market Revenue and Forecast, by Product (2020-2032)

13.4.6.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.4.7. Market Revenue and Forecast, by Function (2020-2032)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Source (2020-2032)

13.4.8.2. Market Revenue and Forecast, by Type (2020-2032)

13.4.8.3. Market Revenue and Forecast, by Product (2020-2032)

13.4.8.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.4.9. Market Revenue and Forecast, by Function (2020-2032)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Source (2020-2032)

13.4.10.2. Market Revenue and Forecast, by Type (2020-2032)

13.4.10.3. Market Revenue and Forecast, by Product (2020-2032)

13.4.10.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.4.10.5. Market Revenue and Forecast, by Function (2020-2032)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Source (2020-2032)

13.4.11.2. Market Revenue and Forecast, by Type (2020-2032)

13.4.11.3. Market Revenue and Forecast, by Product (2020-2032)

13.4.11.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.4.11.5. Market Revenue and Forecast, by Function (2020-2032)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Source (2020-2032)

13.5.2. Market Revenue and Forecast, by Type (2020-2032)

13.5.3. Market Revenue and Forecast, by Product (2020-2032)

13.5.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.5.5. Market Revenue and Forecast, by Function (2020-2032)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Source (2020-2032)

13.5.6.2. Market Revenue and Forecast, by Type (2020-2032)

13.5.6.3. Market Revenue and Forecast, by Product (2020-2032)

13.5.6.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.5.7. Market Revenue and Forecast, by Function (2020-2032)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Source (2020-2032)

13.5.8.2. Market Revenue and Forecast, by Type (2020-2032)

13.5.8.3. Market Revenue and Forecast, by Product (2020-2032)

13.5.8.4. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.5.8.5. Market Revenue and Forecast, by Function (2020-2032)

Chapter 14. Company Profiles

14.1. Bayer AG

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Abbott

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. DSM

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. DuPont.

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Amway

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. The Nature's Bounty Co.

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. GlaxoSmithKline plc.

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Nestlé SA

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. RiceBran Technologies

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Mead Johnson & Company, LLC.

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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