The report exhaustively studies the current market scenario and prominent growth opportunities. It comprises a broad database of the Plant-Based Beverages market dynamics that help in the accurate market estimation over the projected timeline. The report also offers reliable information about the product offerings, wide application range, major market segments, leading market players, company profiles, pricing range, production capacity, revenue generation, technological advancement, and many other elements.

The global plant-based beverages market size was USD 17.60 Billion in 2022 and is expected to register a rapid revenue CAGR of 12.1% during the forecast period. Rising lactose intolerance and milk allergies among individuals is primary key factor driving market revenue growth. According to the National Institute of Diabetes and Digestive, and Kidney Diseases, around 68% of the world’s population suffer from lactose malabsorption. Consumers choose plant-based milk since these are lactose-free, cholesterol free, and low in calories.

Lactose-free milk contains vitamins A, D, and B12, as well as riboflavin and phosphorus, which are essential minerals for strong bones, for example, vitamin D in milk aids in calcium absorption. Dairy alternatives contain low-carb, low-calorie, and are ideal for people who struggle with weight management. In addition rising product launches by major companies is another key factor driving revenue growth of the market. For instance, on 10 July 2023, Bagrry's, a major brand in morning cereals and health foods, launched its long-awaited plant-based drinks. These beverages cater to the need of health-conscious persons looking for ethical, vegan, and sustainable solutions. Bagrry's plant-based drinks are meticulously created with the highest quality plant-based ingredients, ensuring a healthy and nourishing experience.

The report studies the factors influencing the growth of the industry in the global Plant-Based Beverages market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.

In the latest report from Emergen Research, the market research report discusses the global Plant-Based Beverages market in depth, and each of the major market segments is examined in depth. In addition to market information, the report provides industry statistics, regional market revenue shares, gross profits, production & distribution costs, and product portfolios related to the global Plant-Based Beverages market.

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The report aims to provide a determining analysis of the market competition to help the user make a pivotal business analysis. The complete portfolios of the key companies, including their production capacity, revenue share and size, gross margin, sales revenue and margin, growth rate, along with their business strategies and technological developments, have been discussed in the report. The companies operating in the market and profiled in the report include The report also discusses the key players involved in the market such as Bayer AG, Abbott, DSM, Amway, Nature's Bounty, Nestlé, Mead Johnson & Company, LLC, Medifast, Inc., Premier Nutrition Corporation, LLC, and Health Food Manufacturers’ Association

Target Audience of the Global Plant-Based Beverages Market Report:

• Key Market Players
•  
• Investors
•  
• Venture capitalists
•  
• Small- and medium-sized and large enterprises

Regional Landscape section of the Plant-Based Beverages report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

Key regions covered in the report:

• North America
•  
• Europe
•  
• Asia Pacific
•  
• Latin America
•  
• Middle East & Africa

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Plant-Based Beverages Market Segmentation:

The report bifurcates the Plant-Based Beverages market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

• Source Outlook (Revenue, USD Billion; 2019–2032)
  • Almond
  •  
  • Soy
  •  
  • Coconut
  •  
  • Rice
  •  
  • Others
    1. Cashew
    2.  
    3. Oats
    4.  
    5. Pea
    6.  
    7. Hemp
•  
• Type Outlook (Revenue, USD Billion; 2019–2032)
  • Milk
  •  
  • Other Drinks
    1. Smoothies
    2.  
    3. Shakes
    4.  
    5. Nogs
•  
• Product Outlook (Revenue, USD Billion; 2019–2032)
  • Plain
  •  
  • Flavored

Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/plant-based-beverages-market

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

Look Over transcripts provided by Emergen Research

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