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Global Plant-based Beverages Market 2019-2023

  • Published: Jul 2019
  • Pages: 132
  • SKU: IRTNTR31725
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The global plant-based beverages market size will grow by USD 7.64 billion during 2019-2023. This market report provides a detailed analysis of the market by source (almond, soy, coconut, and others) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Blue Diamond Growers, Califia Farms LP, Danone SA, The Coca-Cola Co., and Vitasoy International Holdings Ltd.

Some of the key findings from our plant-based beverages market forecast report are summarized below

Plant-Based Beverages Market

 

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Global Plant-Based Beverages Industry Overview

Organic plant-based beverages are sourced from high-quality natural ingredients, and hence, healthier than conventional plant-based beverages. As a result, the demand for organic plant-based beverages is growing across the world. To cater to this growing demand, market vendors are increasingly incorporating USDA-certified organic and non-GMO ingredients into their plant based-beverage products. The organic plant-based beverages segment is also recording the launch of various new products. For instance, US-based RISE launched a nitro brew organic product named Organic Oat Milk. Similarly, US-based Mooala Brands LLC (Mooala) launched an innovative organic oat milk product named Organic Coconut Oat Milk. Organic plant-based beverages are also available in various flavors, including almond original, unsweetened almond, oat, hazelnut rice, brown rice, and walnut. These will further boost the popularity of organic plant-based beverages. This will be one of the critical plant-based beverages market trends, which will have a positive influence on the growth of the market.

Plant-based beverages are rich in antibiotics, proteins, fiber, and energy and low in fat and calories. Hence, plant-based beverages are easier to digest and highly beneficial for reducing weight and promoting the growth of healthy tissues and muscles. It also keeps the guts healthy and minimizes the risk of cancer and cardiovascular diseases. As a result, plant-based beverages boost the immune system. The growing awareness about these health benefits will boost the demand for plant-based beverages, such as soy milk, almond milk, pea-based beverages, rice milk, oat milk, and coconut-based beverages. Thus, the health benefits of plant-based beverages will be a significant factor contributing to the global plant-based beverages market growth. The market will register a CAGR of over 11% during the forecast period.

Top Plant-Based Beverages Companies Covered in this Market Research Report

The global plant-based beverages market is fragmented. To help clients improve their market positions, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. This plant-based beverages market research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.

The report offers a detailed analysis of several leading plant-based beverages manufacturers, including:

  • Blue Diamond Growers
  • Califia Farms LP
  • Danone SA
  • The Coca-Cola Co.
  • Vitasoy International Holdings Ltd.

Plant-Based Beverages Market Segmentation Based on Source

  • Almond
  • Soy
  • Coconut
  • Others

The almond segment will account for the highest plant-based beverages market share. The growing awareness about the health benefits of almond-based beverages, product innovation, and new product launches will boost the growth of the market segment over the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the plant-based beverages market size.

Plant-Based Beverages Market Segmentation Based on Geographic Region

  • APAC
  • Europe
  • MEA
  • North America
  • South America

With a complete study of the growth opportunities for the companies, it has been identified that APAC will account for the highest share of the plant-based beverages market throughout the forecast period. The incorporation of innovative manufacturing processes and construction of new plants are a few of the factors responsible for the plant-based beverages market growth in this region.

Key Highlights of the Global Plant-Based Beverages Market for the Forecast Years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the plant-based beverages market during the next five years
  • Precise estimation of the global plant-based beverages market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the plant-based beverages industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details of factors that will challenge the growth of plant-based beverages companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: CUSTOMER LANDSCAPE

PART 07: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 08: MARKET SEGMENTATION BY SOURCE

  • Market segmentation by source
  • Comparison by source
  • Almond  - Market size and forecast 2018-2023
  • Soy - Market size and forecast 2018-2023
  • Coconut - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by source

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Growing popularity of organic plant-based beverages
  • Increasing investments and acquisitions
  • Packaging and product innovations in the plant-based beverages sector

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Blue Diamond Growers
  • Califia Farms LP
  • Danone SA
  • The Coca-Cola Co.
  • Vitasoy International Holdings Ltd.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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