Plant-based Beverages Market to value over USD 87.18 Billion by 2030 - MDC Research
Market Data Centre
Market Data Centre

Plant-based Beverages Market by Source (Almond, Soy, Coconut, Cashew, Flax, Rice, and Oats), Type (Milk, Smoothies, and Shakes), Function (Cardiovascular Health, Cancer Prevention, Bone Health) and Region (North America, Europe, Asia Pacific, and the Rest of the World (RoW)) - Global Analysis & Forecast 2022-2030

Pune, April 21, 2022 (GLOBE NEWSWIRE) -- The global plant-based beverages market is driven by factors such as the shifting preference of masses toward dairy-free products and inclination toward the vegan diet trend. High number of people suffering from lactose intolerance and growing awareness regarding health concerns are other critical factors that are expected to drive its demand in the coming years. However, availability of alternatives such as organic milk produced by cows grazing on pastures and affordability-related constraints in developing countries are some of the major factors that might hamper market growth to certain extent.

Plant-based Beverages Market is estimated to be over USD 87.18 Billion by 2030. It is anticipated to grow at a CAGR of 14.67% from 2022 to 2030.

Plant-based Beverages Market by Regions

The global plant-based beverages market can be segmented into North America, Europe, Asia Pacific, and the Rest of the World (ROW). North America is expected to witness tremendous growth in the almond milk segment. The Asia Pacific region is also expected to reap revenue from almond milk owing to the increasing disposable income of people in the region. Moreover, consumers in these regions are shifting toward natural & healthy food options, which is expected to further boost the sale of plant-based beverages.



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COMPANY PROFILES
(Business Overview, Products Offered, Financial Performance*, Recent Developments)

  1. China International Marine Containers

  2. Singamas Container

  3. United Technologies

  4. Great Dane

  5. Utility Trailer

  6. Daikin Industries

  7. Lamberet

  8. Kögel Trailer

  9. Wilhelm Schwarzmuëller

  10. Fahrzeugwerk Bernard Krone

Vendor Assessment

Vendor assessment includes a deep analysis of how vendors are addressing the demand in the Plant-based Beverages Market. The MDC Competetive Scape model was used to assess qualitative and quantitative insights in this assessment. MDC's Competitive Scape is a structured method for identifying key players and outlining their strengths, relevant characteristics, and outreach strategy. MDC's Competitive Scape allows organizations to analyze the environmental factors that influence their business, set goals, and identify new marketing strategies. MDC Research analysts conduct a thorough investigation of vendors' solutions, services, programs, marketing, organization size, geographic focus, type of organization and strategies.