According to the current analysis of Reports and Data, the Plant-Based Beverages Market were valued at USD 15.69 Billion in 2020 and is expected to reach USD 39.94 Billion by year 2028, at a CAGR of 12.30%.
Plant-based beverages or non-dairy milk alternative is the fast-growing segment in the newer food product development category of functional and specialty plant-based beverages across the globe. Cow milk allergy, lactose intolerance, calorie intake, and occurrence of hypercholesterolemia, more preference to vegan food has attracted the consumers towards looking for cow milk alternatives. Plant-based beverages alternatives are an emerging trend, which provides an adequate alternate where cow’s milk supply is inadequate. Though various types of innovative beverages from plant sources are being exploited for a cow milk alternative, many of these face some/any technological issues, either related to processing or preservation. The majority of these plant-based beverages lack nutritional balance when compared to bovine milk; however, they contain functionally active components with health-promoting properties that attract health-conscious consumers.
Get a sample of the report: https://www.reportsanddata.com/sample-enquiry-form/2478
Competitive Landscape:
The research report offers details about leading companies in the global Plant-Based Beverages market along with global position, financial standing, license agreement, products and services portfolio and revenue contribution of each market player. Key players in the market are focusing on adopting various strategies such as mergers and acquisition, business expansion plans, new product launches, partnerships, collaborations, joint ventures to enhance their product base and gain robust footing in the market.
Some of the Leading Market Players Are Listed Below:
- The WhiteWave Foods Company (US),
- Blue Diamond Growers (US),
- Pacific Foods (US),
- Hain Celestial (US),
- SunOpta (Canada),
- Want Want China Holdings Limited (China),
- Kikkoman (Japan),
- Califia Farms (US),
- The Coca-Cola Company (US),
- Ripple Foods (US)
Get more Information about this Report: https://www.reportsanddata.com/report-detail/plant-based-beverages-market
Plant-Based Beverages Market Segmentation based on the basis of source,
- Almond
- Soy
- Coconut
- Rice
- Others (cashew, oats, pea, and hemp)
Plant-Based Beverages Market Segmentation on the basis of mode of type
- Milk
- Other drinks (smoothies, shakes, and nogs)
Plant-Based Beverages Market Segmentation on the basis of function
- Cardiovascular health
- Cancer prevention
- Bone health
- Lactose-free alternative
- Others
Plant-Based Beverages Market Segmentation based on Regions:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of Latin America)
- Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East Africa)
Key Features of the global Plant-Based Beverages Market:
- The report offers detailed estimations at the regional level with manufacturers, consumption, sales and import/export dynamics.
- The report provides accurate details related of the manufacturers/vendors in the market, company overview, pricing analysis, financial standing, product portfolio, and gross profit of leading companies.
- Company profiling with prevalent expansion strategies, revenue generation, and recent developments.
- Optimum strategic initiatives for new players in the market.
- Manufacturing processes, suppliers, cost, rates of production and consumption, transport mode and cost structuring, and value chain analysis.
- The study also includes supply chain trends, including elaborate descriptions of the latest technological development
Request a customization of the report: https://www.reportsanddata.com/request-customization-form/2478
Thank you for reading our research report. We also offer report customization as per client requirement. Kindly contact us to know more about the customization plan and our team will offer you the best suited report at the earliest.
Browse for More Details:
Cold Chain Market: https://www.reportsanddata.com/report-detail/cold-chain-market
Corn Deep Processing Equipment Market : https://www.reportsanddata.com/report-detail/corn-deep-processing-equipment-market
Nutraceutical Products Market: https://www.reportsanddata.com/report-detail/nutraceutical-products-market
Potato Protein Market: https://www.reportsanddata.com/report-detail/potato-protein-market
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
