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Food and Beverages

Global Plant Based Beverages Market by Source (Fruits, Nuts, Rice, Soy, and Others), by Type (RTD Tea & Coffee, Plant-Based Milk, and Juices), by Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, and Online), and Regional Forecasts 2021-2027

  • BIZ4594984
  • 200 Pages
  • June 2021
  • Food and Beverages
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Global Plant Based Beverages Market is valued approximately at USD 15.68 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 12% over the forecast period 2021-2027. Plant based beverages are plant-based milk or plant milk manufactured by extracting plant material such as seeds or grain, in water such as coconut milk, soy milk. Increased demand for vegan food is the driving factor for the market amid the growing health concerns associated with the consumption of animal-based diets. Increasing vegan population in the UK, US and other developed countries is accelerating the demand for plant-based beverages. According to The Vegan Society there were over 600000 people supporting veganism. Other reasons for driving the market includes increasing cases of lactose intolerance which is making individuals shift from dairy milk to other alternatives such as plant-based milk, further increasing the market for the product. But plant-based beverages are higher in cost as compared to dairy milk which is a restraining factor for the market. Lack of awareness is also a restraining factor slowing down the growth of the market. Companies are launching these plant-based milk at affordable prices in different flavors which gives the market the opportunity to grow in the forecasted period. For instance, The Hershey Company launched “Sofit” soy milk in the US which is available in different flavors.

The key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of global Plant Based Beverages market. Asia Pacific is the leader in the market with a share of 33.7% in 2019 because of high consumption of plant based drinks in countries such as China, Japan, Indonesia and South Korea. Also, soy milk and coconut milk is used in preparing variety of Asian Cuisines. North America is fastest growing region due to increasing vegan population.

Major market player included in this report are

The Coca-Cola Company

Del Monte Pacific Limited

PepsiCo, Inc.

Dr. Pepper Snapple Group, Inc.

Pacific Foods of Oregon, Inc.

The WhiteWave Foods Company

Blue Diamond Growers

Pacific Foods

Hain Celestial

SunOpta

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Source:

Fruits

Nuts

Rice

Soy

Others

By Type:

RTD Tea & Coffee

Plant-Based Milk

Juices

By Distribution Channel:

Hypermarkets & Supermarkets

Convenience Stores

Specialty Stores

Online

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Global Plant Based Beverages Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Plant Based Beverages Market , by Region, 2019-2027 (USD Billion)

1.2.2. Plant Based Beverages Market , by Source, 2019-2027 (USD Billion)

1.2.3. Plant Based Beverages Market , by Type , 2019-2027 (USD Billion)

1.2.4. Plant Based Beverages Market , by Distribution Channel , 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Plant Based Beverages Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Plant Based Beverages Market Dynamics

3.1. Plant Based Beverages Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Increasing demand for vegan foods

3.1.1.2. Increasing prevalence of lactose intolerance

3.1.2. Market Restraint

3.1.2.1. Higher cost as compared to dairy milk

3.1.2.2. Lack of awareness

3.1.3. Market Opportunities

3.1.3.1. New product launches at affordable prices

3.1.3.2. Availability of variety of flavours

Chapter 4. Global Plant Based Beverages Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Plant Based Beverages Market, by Source

5.1. Market Snapshot

5.2. Global Plant Based Beverages Market by Source, Performance - Potential Analysis

5.3. Global Plant Based Beverages Market Estimates & Forecasts by Source 2018-2027 (USD Billion)

5.4. Plant Based Beverages Market , Sub Segment Analysis

5.4.1. Fruits

5.4.2. Nuts

5.4.3. Rice

5.4.4. Soy

5.4.5. Others

Chapter 6. Global Plant Based Beverages Market, by Type

a. Market Snapshot

6.1. Global Plant Based Beverages Market by Type , Performance - Potential Analysis

6.2. Global Plant Based Beverages Market Estimates & Forecasts by Type 2018-2027 (USD Billion)

6.3. Plant Based Beverages Market , Sub Segment Analysis

6.3.1. RTD Tea & Coffee

6.3.2. Plant-Based Milk

6.3.3. Juices

Chapter 7. Global Plant Based Beverages Market, by Distribution Channel

b. Market Snapshot

7.1. Global Plant Based Beverages Market by Distribution Channel , Performance - Potential Analysis

7.2. Global Plant Based Beverages Market Estimates & Forecasts by Distribution Channel 2018-2027 (USD Billion)

7.3. Plant Based Beverages Market , Sub Segment Analysis

7.3.1. Hypermarkets & Supermarkets

7.3.2. Convenience Stores

7.3.3. Specialty Stores

7.3.4. Online

Chapter 8. Global Plant Based Beverages Market, Regional Analysis

8.1. Plant Based Beverages Market , Regional Market Snapshot

8.2. North America Plant Based Beverages Market

8.2.1. U.S. Plant Based Beverages Market

8.2.1.1. Source breakdown estimates & forecasts, 2018-2027

8.2.1.2. Type breakdown estimates & forecasts, 2018-2027

8.2.1.3. Distribution Channel breakdown estimates & forecasts, 2018-2027

8.2.2. Canada Plant Based Beverages Market

8.3. Europe Plant Based Beverages Market Snapshot

8.3.1. U.K. Plant Based Beverages Market

8.3.2. Germany Plant Based Beverages Market

8.3.3. France Plant Based Beverages Market

8.3.4. Spain Plant Based Beverages Market

8.3.5. Italy Plant Based Beverages Market

8.3.6. Rest of Europe Plant Based Beverages Market

8.4. Asia-Pacific Plant Based Beverages Market Snapshot

8.4.1. China Plant Based Beverages Market

8.4.2. India Plant Based Beverages Market

8.4.3. Japan Plant Based Beverages Market

8.4.4. Australia Plant Based Beverages Market

8.4.5. South Korea Plant Based Beverages Market

8.4.6. Rest of Asia Pacific Plant Based Beverages Market

8.5. Latin America Plant Based Beverages Market Snapshot

8.5.1. Brazil Plant Based Beverages Market

8.5.2. Mexico Plant Based Beverages Market

8.6. Rest of The World Plant Based Beverages Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. The Coca-Cola Company

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. Del Monte Pacific Limited

9.2.3. PepsiCo, Inc.

9.2.4. Dr. Pepper Snapple Group, Inc.

9.2.5. Pacific Foods of Oregon, Inc.

9.2.6. The WhiteWave Foods Company

9.2.7. Blue Diamond Growers

9.2.8. Pacific Foods

9.2.9. Hain Celestial

9.2.10. SunOpta

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 2. Global Plant Based Beverages Market , report scope

TABLE 3. Global Plant Based Beverages Market estimates & forecasts by region 2018-2027 (USD Billion)

TABLE 4. Global Plant Based Beverages Market estimates & forecasts by Source 2018-2027 (USD Billion)

TABLE 5. Global Plant Based Beverages Market estimates & forecasts by Type 2018-2027 (USD Billion)

TABLE 6. Global Plant Based Beverages Market estimates & forecasts by Distribution Channel 2018-2027 (USD Billion)

TABLE 7. Global Plant Based Beverages Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Plant Based Beverages Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Plant Based Beverages Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Plant Based Beverages Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Plant Based Beverages Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Plant Based Beverages Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Plant Based Beverages Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Plant Based Beverages Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Plant Based Beverages Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Plant Based Beverages Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. Global Plant Based Beverages Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. Global Plant Based Beverages Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Global Plant Based Beverages Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Global Plant Based Beverages Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. Global Plant Based Beverages Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. Global Plant Based Beverages Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 23. U.S. Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 24. U.S. Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 25. U.S. Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. Canada Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 27. Canada Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 28. Canada Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. UK Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 30. UK Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 31. UK Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. Germany Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 33. Germany Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 34. Germany Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. France Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 36. France Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 37. France Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. Spain Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 39. Spain Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 40. Spain Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. Italy Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 42. Italy Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 43. Italy Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. ROE Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 45. ROE Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 46. ROE Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. China Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 48. China Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 49. China Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. India Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 51. India Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 52. India Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. Japan Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 54. Japan Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 55. Japan Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 56. Australia Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 57. Australia Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 58. Australia Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 59. South Korea Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 60. South Korea Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 61. South Korea Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 62. ROPAC Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 63. ROPAC Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 64. ROPAC Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 65. Brazil Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 66. Brazil Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 67. Brazil Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 68. Mexico Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 69. Mexico Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 70. Mexico Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 71. ROLA Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 72. ROLA Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 73. ROLA Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 74. ROW Plant Based Beverages Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 75. ROW Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 76. ROW Plant Based Beverages Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 77. List of secondary sources used in the study of global Plant Based Beverages Market .

TABLE 78. List of primary sources used in the study of global Plant Based Beverages Market .

TABLE 79. Years considered for the study.

TABLE 80. Exchange rates considered.

 
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