Report Ocean has recently published the “Plant-Based Beverage Market “ Research Report 2023-2031, offering a comprehensive analysis of the market. This report delves deep into the market dynamics, including key trends, upcoming technologies, drivers, challenges, and regulatory policies. It also features company profiles and strategies of prominent players in the industry. With over 100+ market data tables, pie charts, graphs, and figures, this global market study provides a thorough understanding of the market landscape. It presents a complete assessment, encompassing future trends, current growth factors, informed opinions, factual insights, and industry-validated market data, enabling accurate forecasts until 2031.
Plant-based beverages are prepared from dairy-free milk, extracted from various plant-based sources. Lactose intolerant and vegan individuals are increasingly consuming plant-based food and beverages. There are wide variety of food and beverages available in the market, prepared from milk, derived from sources such as almond, soy, rice, coconut, and others. Popularly consumed plant-based products are milk, ice cream, cheese, butter, and others. Increase in awareness regarding the benefits of plant-based products and growth in vegan population are the major factors that boost the demand for the plant-based beverages and other products. In addition, increase in health consciousness, rise in disposable income, and growth in awareness toward chemical-free products are some of the major factors that fuel the market growth.
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However, higher cost compared to conventional milk and milk-based products as well as prominence of low-cholesterol and low-fat conventional milk and milk-based products restrain the market growth. Moreover, the market is anticipated to offer attractive business opportunities, owing to rise in lactose intolerance and increase in demand for soy, rice, and almond milk proteins in the global market. Moreover, innovation in sources and flavors of plant-based food & beverages is to unfold opportunity for the players operating in the market.
The global plant-based beverages market is segmented on the basis of source, type, distribution channel, and region. By source, the market is categorized into four segments, which include fruits, nuts, rice, soy, and others. By type, the market is segmented into RTD tea & coffee, plant-based milk, and juices. Based on distribution channel, it is divided into hypermarkets & supermarkets, convenience stores, specialty stores, and online. Regionally, the market is classified into North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
– The report provides a quantitative analysis of the current market trends, estimations, and dynamics of the market size from 2018 to 2026 to identify the prevailing market opportunities.
– Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
– In-depth analysis of the size and segmentation assists in determining the prevailing market opportunities.
– The major countries in each region are mapped according to their revenue contribution to the global industry.
– The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the plants industry.
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The companies profiled in the report includeWhiteWave Foods Company, Blue Diamond Growers, SunOpta Inc., Earth’s Own Food Inc., Kikkoman Corporation, Rebel Kitchen, Panos Brands LLC, The Hain Celestial Group Inc., Eden Foods Inc, Coca-Cola Company, and PepsiCo. Inc.
KEY MARKET SEGMENTATION
– By Source
o Fruits
o Nuts
o Rice
o Soy
o Others
– By Type
? RTD Tea & Coffee
? Plant-Based Milk
? Juices
– By Distribution Channel
o Hypermarkets & Supermarkets
o Convenience Stores
o Specialty Stores
o Online
– By Region
o North America
? U.S.
? Canada
? Mexico
o Europe
? Germany
? France
? Rest of Europe
o Asia-Pacific
? China
? Japan
? Rest of Asia-Pacific
o LAMEA
? Latin America
? Rest of LAMEA
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Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
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Product Development and Innovation Teams:
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Key Questions Market Research and Analysis Report
- What is the current market size, both in terms of value and volume?
- What is the historical growth rate of the market, and what are the projected growth rates for the future?
- Who are the major players in the market, and what is their market share?
- What are the market trends and dynamics influencing the industry?
- What are the key drivers of market growth?
- What are the challenges and barriers faced by market participants?
- What are the emerging opportunities in the market?
- What is the competitive landscape of the market?
- What are the consumer preferences, behaviors, and buying patterns within the market?
- What is the market segmentation, and how are different market segments performing?
- What are the pricing trends and strategies in the market?
- What are the distribution channels and their effectiveness in reaching the target audience?
- What are the regulatory and legal factors impacting the market?
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