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 2019-2030

Report ID : 124  |  Published Date : Nov 2019  |  Pages : 200  |  Region : Global  |  Report Code : OTH-14





Plant-based Beverages Market Overview and Introduction

Plant-based Beverages Market is estimated to be over US$ 14 Billion in 2019.  It is anticipated to grow at a CAGR of 12.2% from 2019 to 2030. 

Plant-based beverages include almond milk, soy milk, coconut milk, cashew milk, flax milk, rice milk, and oat milk, among others. Such beverages come with a plethora of advantages including rich vitamin & mineral contents, low calories, easy-to-digest, and others. Moreover, they are preferred by masses that have to follow dietary restrictions (primarily vegans), suffer from lactose intolerance & cardiovascular diseases or simply those that prefer the taste of such beverages over milk products.

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  by Source, by Type & by Function

The global plant-based beverages market is segmented by source, type, function, and region. Based on source, the market has been segmented into almond, soy, coconut, cashew, flax, rice, and oats. The almond segment is expected to dominate the market owing to the high preference of the North American population for almond-based products, which has further resulted in increased production of almonds in the region. Based on type, the market has been segmented into milk, smoothies, and shakes. The milk segment is anticipated to dominate the market share due to the increased demand for non-dairy milk from vegans and masses that are lactose intolerant.

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.

Plant-based Beverages Market Prominent Players

Some of the prominent market players operating in the market are China International Marine Containers, Singamas Container, United Technologies, Great Dane, Utility Trailer, Daikin Industries, Lamberet, Kögel Trailer, and Wilhelm Schwarzmuëller, among others.

Table of Contents

  1. INTRODUCTION
    1. Market Definition
    2. Market Classification
    3. Geographic Scope
    4. Years Considered for the Study: Historical Years – 2016 & 2017; Base Year – 2018; Forecasted Years – 2019 to 2030
    5. Currency Used
  2. RESEARCH METHODOLOGY
    1. Research Framework
    2. Data Collection Technique
    3. Data Sources
      1. Secondary Sources
      2. Primary Sources
    4. Market Estimation Methodology
      1. Bottom Up Approach
      2. Top Down Approach
    5. Data Validation and Triangulation
      1. Market Forecast Model
      2. Limitations/Assumptions of the Study
  3. ABSTRACT OF THE STUDY
  4. MARKET DYNAMICS ASSESMENT
    1. Overview
    2. Drivers
    3. Barriers/Challenges
    4. Opportunities
  5. UNIQUE SELLING PROPOSITIONS (USPs)
    1. Investment Landscape Assessment
  6. GLOBAL PLANT-BASED BEVERAGES MARKET - ANALYSIS & FORECAST, BY SOURCE
    1. Almond
    2. Soy
    3. Coconut
    4. Rice
    5. Others
  7. GLOBAL PLANT-BASED BEVERAGES MARKET - ANALYSIS & FORECAST, BY TYPE  
    1. Milk 
    2. Smoothies
    3. Shakes
    4. Others
  8. GLOBAL PLANT-BASED BEVERAGES MARKET - ANALYSIS & FORECAST, BY FUNCTION
    1. Cardiovascular Health
    2. Cancer Prevention
    3. Bone Health
    4. Lactose-free
    5. Others
  9. GLOBAL PLANT-BASED BEVERAGES MARKET - ANALYSIS & FORECAST, BY REGION
    1. North America Plant-based Beverages Market
      1. North America Plant-based Beverages Market, By Country/Region
        1. US
        2. Canada
      2. North America Cell Expansion Market Analysis & Forecast, By Source
      3. North America Cell Expansion Market Analysis & Forecast, By Type
      4. North America Cell Expansion Market Analysis & Forecast, By Function
    2. Europe Plant-based Beverages Market
      1. Europe Plant-based Beverages  Market, By Country/Region
        1. Germany
        2. UK
        3. France
        4. Rest of Europe (ROE)
      2. Europe Cell Expansion Market Analysis & Forecast, By Source
      3. Europe Cell Expansion Market Analysis & Forecast, By Type
      4. Europe Cell Expansion Market Analysis & Forecast, By Function
    3. Asia Pacific Plant-based Beverages Market
      1. Asia Pacific Plant-based Beverages, By Country/Region
        1. China
        2. Japan
        3. India
        4. Rest of Asia Pacific (RoAPAC)
      2. Asia Pacific Cell Expansion Market Analysis & Forecast, By Source
      3. Asia Pacific Cell Expansion Market Analysis & Forecast, By Type
      4. Asia Pacific Cell Expansion Market Analysis & Forecast, By Function
    4. Rest of the World (ROW) Plant-based Beverages Market
      1. Rest of the World Plant-based Beverages, By Country/ Region
        1.  Latin America
        2.  Middle East & Africa
      2. Rest of the World Cell Expansion Market Analysis & Forecast, By Source
      3. Rest of the World Cell Expansion Market Analysis & Forecast, By Type
      4. Rest of the World Cell Expansion Market Analysis & Forecast, By Function
  10. COMPETETIVE LANDSCAPE
    1. Key Players & Their Competitive Positioning (2018)
    2. Key Strategies Assessment
      1. New Product Launches
      2. Acquisitions
      3. Joint Ventures & Partnerships Expansions
      4. Other Strategies
  11. 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

*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain