REPORT OUTLOOK
Market Size | CAGR | Dominating Region |
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USD 38.82 billion by 2029 | 12% | Asia-Pacific |
By Source | By Type | By Function | By Region |
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SCOPE OF THE REPORT
Plant-Based Beverages Market Overview
The global plant-based beverages market size is to be valued at USD 38.82 billion by 2029 and is expected to grow at a compound annual growth rate (CAGR) of 12% during the forecast period.
Plant-based beverages are drinks that are derived from various plant sources such as nuts, grains, seeds, and fruits. They serve as a popular alternative to dairy milk for those who are lactose intolerant or following a vegan or vegetarian lifestyle. These beverages come in a diverse range of flavors and can be consumed as a beverage or used in recipes in the same way as dairy milk.
The popularity of plant-based beverages, such as milk and smoothies, is growing rapidly due to various factors such as their health benefits, nutritional properties, and environmentally-friendly production methods. These beverages are becoming increasingly popular not only among health-conscious consumers but also among those who are lactose-intolerant. Furthermore, the growing trend of veganism is fueling the demand for plant-based meat worldwide.
ATTRIBUTE | DETAILS |
Study period | 2020-2029 |
Base year | 2021 |
Estimated year | 2022 |
Forecasted year | 2022-2029 |
Historical period | 2018-2020 |
Unit | Value (USD Billion) (kilotons) |
Segmentation | By Source, Type, Function, and Region. |
BY SOURCE
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BY TYPE
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BY FUNCTION
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BY REGION
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Consumers are increasingly aware of the health benefits of plant-based beverages, which are often fortified with vitamins and minerals, making them an excellent source of nutrition. Additionally, the plant-based production process has a lower carbon footprint than animal-based production, making it an attractive option for environmentally-conscious consumers.
As veganism continues to gain popularity, more consumers are looking for plant-based alternatives to traditional dairy products. This trend is expected to drive the growth of the plant-based beverage market in the coming years.
Plant-Based Beverages Market Segment Analysis
The Plant-Based Beverages market is segmented on the basis of source, type, and function.
The global market for plant-based beverages has been segmented into almond, soy, coconut, and rice, based on the source of the beverage. Soy-based beverages had the largest market share, accounting for approximately 37%. Initially, these beverages were adopted as a dairy-based beverage replacement, particularly for milk. Almonds are a great source of magnesium, vitamin E, and dietary fibre, all of which are essential elements for your health. Almonds are a wholesome and satisfying snack in one serving. Calcium and phosphorus, which are included in almonds, strengthen bones and help prevent fractures. The ideal beverage for testing is coconut beverage, which is created from best grade coconut water and blended coconut milk. A plant milk derived from rice is called rice milk. Brown rice and brown rice syrup are frequently used in the production of commercial rice milk, which may also be sweetened with sugar or sugar alternatives and flavoured with common additives like vanilla. This product has little calories, no trans-fat, and the beneficial saturated fatty acid lauric acid. Due to its lack of lactose, dairy, gluten, and soy, it is also appropriate for all customers. Additionally, users can naturally rehydrate quickly with coconut water’s high potassium and another electrolyte content. However, with improved taste, soy-based drinks are gaining popularity globally. Consumers from both developed and developing countries are willing to pay a premium price for beverages with better nutritional benefits, contributing to the steady growth of soy-based beverages as consumers demand nutritional yet allergy-free drinks.
Based on type, the market is segmented into milk, and other drinks. Plant-based milk held the largest market share, driven by the increasing number of people who are lactose intolerant. Dairy milk is a crop that is harvested from farm animals. Around 260 million dairy cows in dairy farms generated 730 million tons (800 million short tons) of milk in 2011. Although it exports few other milk products, India is the world’s largest producer of milk and the top exporter of skimmed milk powder. Plant milk is a beverage made from plants that resembles milk in colour. Plant milks are non-dairy beverages that are flavoured and scented with water-based plant extracts. Plant milks can have a creamy feeling and are used as dairy milk substitutes. Milk protein intolerance has led to a rise in demand for plant-based beverages such as soy milk and coconut milk due to their dietary benefits. While true milk allergy differs from both milk protein intolerance and lactose intolerance in terms of symptoms and treatment, removing milk from the diet is typically recommended for both cases.
Based on the function, the market is divided into Cardiovascular health, Cancer prevention, Bone health, Lactose-free alternative, and Qualitative segment. The condition of the heart and blood arteries is referred to as cardiovascular health. Heart and blood vessel illnesses together referred to as cardiovascular disease include coronary heart disease, stroke, heart failure, heart arrhythmias, and issues with the heart valves. The lactose-free alternative function is one of the most prominent segments within the plant-based beverage market, as it provides a viable alternative to dairy-based products for lactose-intolerant consumers. Additionally, cardiovascular health and cancer prevention functions have also gained popularity due to the growing consumer demand for healthier beverage options.
Plant-Based Beverages Market Players:
The global Plant-Based Beverages companies profiled in the report include Blue Diamond Growers, Califia Farms, Hain Celestial, Kikkoman, Pacific Foods, Pureharvest, Ripple Foods, SunOpta, The Coca-Cola Company, The WhiteWave Foods Company, Want Want China Holdings, WildWood Organic. Mergers and acquisitions, joint ventures, capacity expansion, significant distribution, and branding decisions by established industry players to improve market share and regional presence. They are also engaged in ongoing R&D activities to develop new products and are focused on expanding the product portfolio. This is expected to increase competition and pose a threat to new entrants into the market.
January 11, 2023: Califia Farms, a Plant-based beverage leader, announced that it is expanding its popular line of dairy-free products with USDA Certified Organic Oatmilk and Almondmilk.
May 9, 2022: Califia Farms, a leading dairy-free beverage company, announced its new Mint Chip Oat Creamer, the latest addition to its popular line of dairy-free, plant-based creamers.
Who Should Buy? Or Key Stakeholders
- Research and development
- Manufacturing
- End-Use Industries
- Government
- Investors
- Food and Beverage industry
- Packaging
- Healthcare
Plant-Based Beverages Market Regional Analysis
Geographically, the Plant-Based Beverages market is segmented into North America, South America, Europe, APAC, and MEA.
- North America: includes the US, Canada, Mexico
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
The Asia-Pacific region accounted for 42% of the revenue share in the plant-based beverages market. This can be attributed to the growing trend of veganism and increasing consumer preference for healthy beverages in the region. The demand for plant-based beverages, such as soy milk and coconut milk, is on the rise in the Asia-Pacific region, which is further fueling market growth. Several prominent producers in countries like China, India, and Japan offer a variety of vegan drinks. The region also holds immense market potential due to its large-scale coconut farming. Indonesia, the Philippines, and India, which are the primary coconut-producing countries in the Asia-Pacific region, account for over 70% of the global coconut output. This presents an opportunity for new players in the region to enter the production of cooking coconut milk and export it to other parts of the world. Countries like China, India, and Thailand have been choosing nutritious food options in order to live a healthy lifestyle. India has 1.2 billion people and a vegetarian population of 44%, or around 500 million, according to a United Nations Food and Agriculture Organization (FAO) report titled 2020. Of this 1%, or roughly 5 million individuals, are committed vegans. So, the Asia Pacific region is the largest market for the plant-based beverages market.
Key Market Segments: Plant-Based Beverages Market
Plant-Based Beverages Market, By Source, 2020-2029 (USD Billion) (Kilotons)
- Almond
- Soy
- Coconut
- Rice
- Others
Plant-Based Beverages Market, By Type, 2020 – 2029 (USD Billion) (Kilotons)
- Milk
- Other Drinks
Plant-Based Beverages Market, By Function, 2020 – 2029 (USD Billion) (Kilotons)
- Cardiovascular Health
- Cancer Prevention
- Bone Health
- Lactose-Free Alternative
- Qualitative Segment
Plant-Based Beverages Market By Region, 2020-2029, (USD Billion) (Kilotons)
- North America
- Europe
- Asia Pacific
- South America
- Middle East And Africa
Important Countries In All Region Are Covered
Exactitude Consultancy Services Key Objectives
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the expected growth rate of the plant-based beverages market over the next 7 years?
- Who are the major players in the plant-based beverages market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, and Africa?
- How is the economic environment affecting the plant-based beverages market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the plant-based beverages market?
- What is the current and forecasted size and growth rate of the global plant-based beverages market?
- What are the key drivers of growth in the plant-based beverages market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the plant-based beverages market?
- What are the technological advancements and innovations in the plant-based beverages market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the plant-based beverages market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the plant-based beverages market?
- What are the product offerings and specifications of leading players in the market?
- What is the pricing trend of plant-based beverages in the market and what is the impact of raw material prices on the price trend?
Table of Content
- Introduction
- Market Definition
- Market Segmentation
- Research Timelines
- Assumptions and Limitations
- Research Methodology
- Data Mining
- Secondary Research
- Primary Research
- Subject-Matter Experts’ Advice
- Quality Checks
- Final Review
- Data Triangulation
- Bottom-Up Approach
- Top-Down Approach
- Research Flow
- Data Sources
- Data Mining
- Executive Summary
- Market Overview
- Global Plant-based Beverages Market Outlook
- Market Drivers
- Market Restraints
- Market Opportunities
- Impact Of Covid-19 On the Plant-based Beverages Market
- Porter’s Five Forces Model
- Threat From New Entrants
- Threat From Substitutes
- Bargaining Power of Suppliers
- Bargaining Power of Customers
- Degree Of Competition
- Industry Value Chain Analysis
- Global Plant-based Beverages Market Outlook
- Global Plant-based Beverages Market, By Source, 2020-2029 (USD Billion) (Kilotons)
- Almond
- Soy
- Coconut
- Rice
- Others
- Global Plant-based Beverages Market, By Type, 2020 – 2029 (USD Billion) (Kilotons)
- Milk
- Other drinks
- Global Plant-based Beverages Market, By Function, 2020 – 2029 (USD Billion) (Kilotons)
- Cardiovascular health
- Cancer prevention
- Bone health
- Lactose-free alternative
- Qualitative segment
- Global Plant-based Beverages Market by Region, 2020-2029, (USD Billion) (Kilotons)
- North America
- Us
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Colombia
- Rest Of South America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest Of Europe
- Asia Pacific
- India
- China
- Japan
- South Korea
- Australia
- South-East Asia
- Rest Of Asia Pacific
- Middle East and Africa
- UAE
- Saudi Arabia
- South Africa
- Rest Of Middle East and Africa
- North America
- COMPANY PROFILES*
(Business Overview, Company Snapshot, Products Offered, Recent Developments)
- Blue Diamond Growers
- Califia Farms
- Hain Celestial
- Kikkoman
- Pacific Foods
- Pureharvest
- Ripple Foods
- SunOpta
- The Coca-Cola Company
- The WhiteWave Foods Company
- Want Want China Holdings
- WildWood Organic
*THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â GLOBAL PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â GLOBAL PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â GLOBAL PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â GLOBAL PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 5Â Â Â Â Â Â Â Â Â GLOBAL PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â GLOBAL PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â GLOBAL PLANT-BASED BEVERAGES MARKET BY REGION (USD BILLION) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â GLOBAL PLANT-BASED BEVERAGES MARKET BY REGION (KILOTONS) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â NORTH AMERICA PLANT-BASED BEVERAGES MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 10Â Â Â Â Â Â NORTH AMERICA PLANT-BASED BEVERAGES MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 11Â Â Â Â Â Â NORTH AMERICA PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 12Â Â Â Â Â Â NORTH AMERICA PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 13Â Â Â Â Â Â NORTH AMERICA PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 14Â Â Â Â Â Â NORTH AMERICA PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 15Â Â Â Â Â Â NORTH AMERICA PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 16Â Â Â Â Â Â NORTH AMERICA PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 17Â Â Â Â Â Â US PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 18Â Â Â Â Â Â US PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 19Â Â Â Â Â Â US PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 20Â Â Â Â Â Â US PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 21Â Â Â Â Â Â US PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 22Â Â Â Â Â Â US PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 23Â Â Â Â Â Â CANADA PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 24Â Â Â Â Â Â CANADA PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 25Â Â Â Â Â Â CANADA PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 26Â Â Â Â Â Â CANADA PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 27Â Â Â Â Â Â CANADA PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 28Â Â Â Â Â Â CANADA PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 29Â Â Â Â Â Â MEXICO PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 30Â Â Â Â Â Â MEXICO PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 31Â Â Â Â Â Â MEXICO PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 32Â Â Â Â Â Â MEXICO PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 33Â Â Â Â Â Â MEXICO PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 34Â Â Â Â Â Â MEXICO PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 35Â Â Â Â Â Â SOUTH AMERICA PLANT-BASED BEVERAGES MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 36Â Â Â Â Â Â SOUTH AMERICA PLANT-BASED BEVERAGES MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 37Â Â Â Â Â Â SOUTH AMERICA PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 38Â Â Â Â Â Â SOUTH AMERICA PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 39Â Â Â Â Â Â SOUTH AMERICA PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 40Â Â Â Â Â Â SOUTH AMERICA PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 41Â Â Â Â Â Â SOUTH AMERICA PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 42Â Â Â Â Â Â SOUTH AMERICA PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 43Â Â Â Â Â Â BRAZIL PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 44Â Â Â Â Â Â BRAZIL PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 45Â Â Â Â Â Â BRAZIL PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 46Â Â Â Â Â Â BRAZIL PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 47Â Â Â Â Â Â BRAZIL PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 48Â Â Â Â Â Â BRAZIL PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 49Â Â Â Â Â Â ARGENTINA PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 50Â Â Â Â Â Â ARGENTINA PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 51Â Â Â Â Â Â ARGENTINA PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 52Â Â Â Â Â Â ARGENTINA PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 53Â Â Â Â Â Â ARGENTINA PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 54Â Â Â Â Â Â ARGENTINA PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 55Â Â Â Â Â Â COLOMBIA PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 56Â Â Â Â Â Â COLOMBIA PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 57Â Â Â Â Â Â COLOMBIA PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 58Â Â Â Â Â Â COLOMBIA PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 59Â Â Â Â Â Â COLOMBIA PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 60Â Â Â Â Â Â COLOMBIA PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 61Â Â Â Â Â Â REST OF SOUTH AMERICA PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 62Â Â Â Â Â Â REST OF SOUTH AMERICA PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 63Â Â Â Â Â Â REST OF SOUTH AMERICA PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 64Â Â Â Â Â Â REST OF SOUTH AMERICA PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 65Â Â Â Â Â Â REST OF SOUTH AMERICA PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 66Â Â Â Â Â Â REST OF SOUTH AMERICA PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 67Â Â Â Â Â Â ASIA-PACIFIC PLANT-BASED BEVERAGES MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 68Â Â Â Â Â Â ASIA-PACIFIC PLANT-BASED BEVERAGES MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 69Â Â Â Â Â Â ASIA-PACIFIC PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 70Â Â Â Â Â Â ASIA-PACIFIC PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 71Â Â Â Â Â Â ASIA-PACIFIC PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 72Â Â Â Â Â Â ASIA-PACIFIC PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 73Â Â Â Â Â Â ASIA-PACIFIC PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 74Â Â Â Â Â Â ASIA-PACIFIC PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 75Â Â Â Â Â Â INDIA PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 76Â Â Â Â Â Â INDIA PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 77Â Â Â Â Â Â INDIA PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 78Â Â Â Â Â Â INDIA PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 79Â Â Â Â Â Â INDIA PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 80Â Â Â Â Â Â INDIA PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 81Â Â Â Â Â Â CHINA PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 82Â Â Â Â Â Â CHINA PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 83Â Â Â Â Â Â CHINA PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 84Â Â Â Â Â Â CHINA PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 85Â Â Â Â Â Â CHINA PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 86Â Â Â Â Â Â CHINA PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 87Â Â Â Â Â Â JAPAN PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 88Â Â Â Â Â Â JAPAN PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 89Â Â Â Â Â Â JAPAN PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 90Â Â Â Â Â Â JAPAN PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 91Â Â Â Â Â Â JAPAN PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 92Â Â Â Â Â Â JAPAN PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 93Â Â Â Â Â Â SOUTH KOREA PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 94Â Â Â Â Â Â SOUTH KOREA PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 95Â Â Â Â Â Â SOUTH KOREA PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 96Â Â Â Â Â Â SOUTH KOREA PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 97Â Â Â Â Â Â SOUTH KOREA PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 98Â Â Â Â Â Â SOUTH KOREA PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 99Â Â Â Â Â Â AUSTRALIA PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 100Â Â Â Â AUSTRALIA PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 101Â Â Â Â AUSTRALIA PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 102Â Â Â Â AUSTRALIA PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 103Â Â Â Â AUSTRALIA PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 104Â Â Â Â AUSTRALIA PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 105Â Â Â Â SOUTH-EAST ASIA PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 106Â Â Â Â SOUTH-EAST ASIA PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 107Â Â Â Â SOUTH-EAST ASIA PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 108Â Â Â Â SOUTH-EAST ASIA PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 109Â Â Â Â SOUTH-EAST ASIA PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 110Â Â Â Â SOUTH-EAST ASIA PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 111Â Â Â Â REST OF ASIA PACIFIC PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 112Â Â Â Â REST OF ASIA PACIFIC PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 113Â Â Â Â REST OF ASIA PACIFIC PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 114Â Â Â Â REST OF ASIA PACIFIC PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 115Â Â Â Â REST OF ASIA PACIFIC PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 116Â Â Â Â REST OF ASIA PACIFIC PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 117Â Â Â Â EUROPE PLANT-BASED BEVERAGES MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 118Â Â Â Â EUROPE PLANT-BASED BEVERAGES MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 119Â Â Â Â EUROPE PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 120Â Â Â Â EUROPE PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 121Â Â Â Â EUROPE PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 122Â Â Â Â EUROPE PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 123Â Â Â Â EUROPE PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 124Â Â Â Â EUROPE PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 125Â Â Â Â GERMANY PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 126Â Â Â Â GERMANY PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 127Â Â Â Â GERMANY PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 128Â Â Â Â GERMANY PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 129Â Â Â Â GERMANY PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 130Â Â Â Â GERMANY PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 131Â Â Â Â UK PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 132Â Â Â Â UK PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 133Â Â Â Â UK PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 134Â Â Â Â UK PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 135Â Â Â Â UK PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 136Â Â Â Â UK PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 137Â Â Â Â FRANCE PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 138Â Â Â Â FRANCE PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 139Â Â Â Â FRANCE PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 140Â Â Â Â FRANCE PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 141Â Â Â Â FRANCE PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 142Â Â Â Â FRANCE PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 143Â Â Â Â ITALY PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 144Â Â Â Â ITALY PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 145Â Â Â Â ITALY PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 146Â Â Â Â ITALY PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 147Â Â Â Â ITALY PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 148Â Â Â Â ITALY PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 149Â Â Â Â SPAIN PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 150Â Â Â Â SPAIN PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 151Â Â Â Â SPAIN PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 152Â Â Â Â SPAIN PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 153Â Â Â Â SPAIN PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 154Â Â Â Â SPAIN PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 155Â Â Â Â RUSSIA PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 156Â Â Â Â RUSSIA PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 157Â Â Â Â RUSSIA PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 158Â Â Â Â RUSSIA PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 159Â Â Â Â RUSSIA PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 160Â Â Â Â RUSSIA PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 161Â Â Â Â REST OF EUROPE PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 162Â Â Â Â REST OF EUROPE PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 163Â Â Â Â REST OF EUROPE PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 164Â Â Â Â REST OF EUROPE PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 165Â Â Â Â REST OF EUROPE PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 166Â Â Â Â REST OF EUROPE PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 167Â Â Â Â MIDDLE EAST AND AFRICA PLANT-BASED BEVERAGES MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 168Â Â Â Â MIDDLE EAST AND AFRICA PLANT-BASED BEVERAGES MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 169Â Â Â Â MIDDLE EAST AND AFRICA PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 170Â Â Â Â MIDDLE EAST AND AFRICA PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 171Â Â Â Â MIDDLE EAST AND AFRICA PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 172Â Â Â Â MIDDLE EAST AND AFRICA PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 173Â Â Â Â MIDDLE EAST AND AFRICA PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 174Â Â Â Â MIDDLE EAST AND AFRICA PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 175Â Â Â Â UAE PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 176Â Â Â Â UAE PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 177Â Â Â Â UAE PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 178Â Â Â Â UAE PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 179Â Â Â Â UAE PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 180Â Â Â Â UAE PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 181Â Â Â Â SAUDI ARABIA PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 182Â Â Â Â SAUDI ARABIA PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 183Â Â Â Â SAUDI ARABIA PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 184Â Â Â Â SAUDI ARABIA PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 185Â Â Â Â SAUDI ARABIA PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 186Â Â Â Â SAUDI ARABIA PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 187Â Â Â Â SOUTH AFRICA PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 188Â Â Â Â SOUTH AFRICA PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 189Â Â Â Â SOUTH AFRICA PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 190Â Â Â Â SOUTH AFRICA PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 191Â Â Â Â SOUTH AFRICA PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 192Â Â Â Â SOUTH AFRICA PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
TABLE 193Â Â Â Â REST OF MIDDLE EAST AND AFRICA PLANT-BASED BEVERAGES MARKET BY SOURCE (USD BILLION) 2020-2029
TABLE 194Â Â Â Â REST OF MIDDLE EAST AND AFRICA PLANT-BASED BEVERAGES MARKET BY SOURCE (KILOTONS) 2020-2029
TABLE 195Â Â Â Â REST OF MIDDLE EAST AND AFRICA PLANT-BASED BEVERAGES MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 196Â Â Â Â REST OF MIDDLE EAST AND AFRICA PLANT-BASED BEVERAGES MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 197Â Â Â Â REST OF MIDDLE EAST AND AFRICA PLANT-BASED BEVERAGES MARKET BY FUNCTION (USD BILLION) 2020-2029
TABLE 198Â Â Â Â REST OF MIDDLE EAST AND AFRICA PLANT-BASED BEVERAGES MARKET BY FUNCTION (KILOTONS) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â GLOBAL PLANT-BASED BEVERAGES MARKET BY SOURCE, USD BILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â GLOBAL PLANT-BASED BEVERAGES MARKET BY TYPE, USD BILLION, 2020-2029
FIGURE 10Â Â Â Â GLOBAL PLANT-BASED BEVERAGES MARKET BY FUNCTION, USD BILLION, 2020-2029
FIGURE 11Â Â Â Â GLOBAL PLANT-BASED BEVERAGES MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 12    PORTER’S FIVE FORCES MODEL
FIGURE 13Â Â Â Â GLOBAL PLANT-BASED BEVERAGES MARKET BY SOURCE, USD BILLION, 2021
FIGURE 14Â Â Â Â GLOBAL PLANT-BASED BEVERAGES MARKET BY TYPE, USD BILLION, 2021
FIGURE 15Â Â Â Â GLOBAL PLANT-BASED BEVERAGES MARKET BY FUNCTION, USD BILLION, 2021
FIGURE 16Â Â Â Â GLOBAL PLANT-BASED BEVERAGES MARKET BY REGION, USD BILLION, 2021
FIGURE 17Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 18 Â Â BLUE DIAMOND GROWERS: COMPANY SNAPSHOT
FIGURE 19Â Â Â Â CALIFIA FARMS: COMPANY SNAPSHOT
FIGURE 20Â Â Â Â HAIN CELESTIAL: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â KIKKOMAN: COMPANY SNAPSHOT
FIGURE 22Â Â Â Â PACIFIC FOODS: COMPANY SNAPSHOT
FIGURE 23Â Â Â Â PUREHARVEST: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â RIPPLE FOODS: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â SUNOPTA: COMPANY SNAPSHOT
FIGURE 26Â Â Â Â THE COCA-COLA COMPANY: COMPANY SNAPSHOT
FIGURE 27Â Â Â Â THE WHITEWAVE FOODS COMPANY: COMPANY SNAPSHOT
FIGURE 28Â Â Â Â WANT CHINA HOLDINGS: COMPANY SNAPSHOT
FIGURE 29Â Â Â Â WILDWOOD ORGANIC: COMPANY SNAPSHOT
FAQ
The plant-based beverages Market size had crossed USD 14.00 billion in 2020 and will observe a CAGR of more than 12% up to 2029
Based on by source, type, function the plant-based beverages market report’s divisions are broken down.
The global plant-based beverages market registered a CAGR of 12% from 2022 to 2029. The industry segment was the highest revenue contributor to the market.
Asia pacific reported the largest share in the global plant-based beverages market.
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