Plant-based Beverages Market Size to Worth US$ 73.19 Billion By 2032

According to the new research report published by Precedence Research, titled “Plant-based Beverages Market (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) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032 (By Product: Traditional, Advanced; By Application: Pottery, Tiles, Abrasives, Sanitary wave, Bricks & pipes, Others; By End User: Medical, Industrial, Building & Construction, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032”, the global plant-based beverages market size is expected to be worth around US$ 73.19 billion by 2032 and is poised to record a yearly growth rate of 10.12% from 2023 to 2032. The study investigates several elements and their consequences on the growth of the all-wheel drive market.

This report focuses on plant-based beverages market volume and value at the global level, regional level and company level. From a global perspective, this report represents the overall plant-based beverages market size by analysing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, the Middle East & Africa, Latin America, etc.

Plant based Beverages Market Size 2023 To 2032 - Precedence Statistics

 The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2032. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

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The study also provides important advancements in organic and inorganic growth strategies in the worldwide plant-based beverages market. A lot of corporations are prioritizing new launches, product approvals, and other business expansion techniques. In addition, the report offers profiles of plant-based beverages market firms and market strategies. Furthermore, the research focuses on top industry participants, providing information such as company profiles, components and services offered, recent financial data, and key developments.

Plant-based Beverages Market Report Scope 

Report Coverage Details
Market Size in 2023 USD 30.72 Billion
Market Size by 2032 USD 73.19 Billion
Growth Rate from 2023 to 2032 CAGR of 10.12%
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Source, By Type, By Product, By Distribution Channel and By Function

Also read: Antifungal Drugs Market Size to Worth US$ 22.88 Billion By 2032

Market Key Players

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the plant-based beverages market.

Some of the prominent players in the plant-based beverages market include

  • 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

Plant-based Beverages Market Segmentations 

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, segment, and project the global market size for plant-based beverages market
  • To understand the structure of the market by identifying its various sub-segments
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyse the micro-markets, with respect to individual growth trends, future prospects, and their contributions to the total market
  • To project the size of the market and its submarkets, in terms of value, with respect to global. (along with their respective key countries)
  • To profile key players and comprehensively analyse their core competencies
  • To understand the competitive landscape and identify major growth strategies adopted by players across the globe.
  • To analyse the competitive developments such as expansions & investments, new product launches, mergers & acquisitions, joint ventures, and agreements 

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

Why should you invest in this report?

If you are aiming to enter the global plant-based beverages market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for plant-based beverages are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2023-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Call: +1 9197 992 333

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

View all posts by Prathamesh →

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