Global Plant Based Beverages Market Trends

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Global Plant Trends

  • Food & Beverage
  • Upcoming Report
  • Nov 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

“Rise of Functional Plant-Based Beverages”

A significant trend in the plant-based beverages market is the increasing demand for functional drinks that offer health benefits beyond basic nutrition. Consumers are gravitating towards beverages enriched with probiotics, vitamins, and adaptogens. For instance, in January 2023, Pacific Foods embraced the fall season by launching new organic canned ready-to-serve soups and plant-based chillies. These offerings cater to the growing consumer demand for convenient, healthy meal options. By focusing on organic ingredients and plant-based nutrition, Pacific Foods aims to provide wholesome meals that align with dietary preferences, particularly among health-conscious consumers looking for quick and nutritious meal solutions.

Frequently Asked Questions

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 .
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.