The market is segmented based on Global Plant-Based Beverages Market Segmentation, By Type (Soy, Coconut, Almond, Oat, and Others), Function (Cardiovascular Health, Cancer Prevention, Bone Health, Lactose Free Alternative and Others), Product (Plain and Flavored), Packaging (Glass Bottles, Plastic Bottles and Pouches, Carton, and Cans), Sales Channel (Hypermarkets/Supermarkets, Convenience Stores, Independent Small Groceries, Specialty Stores, and Online Retailers) – Industry Trends and Forecast to 2031
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The Global Plant Based Beverages Market size was valued at USD 20.41 USD Billion in 2023.
The Global Plant Based Beverages Market is projected to grow at a CAGR of 9.57% during the forecast period of 2024 to 2031.
The major players operating in the market include Glanbia plc, Now Health Group , Nutiva , The Simply Good Food Co, Iovate Health Sciences International , MusclePharm Corporation, Kerry Group Plc, CytoSport , The Nature's Bounty Co, Reliance Vitamin Company , Herbalife Nutrition , Danone SA, General Nutrition Centers Holdings , Orgain , True Nutrition.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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