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“Plant-based Beverages Market” Report 2019-2023 defines the basic characteristics of the industry and market statistics. The latest development in technology, tactics, Plant-based Beverages Market industry plans, possibilities for evolution and risks to the sector are being included. The report encompasses market forecasts related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other significant factors.
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Plant-based Beverages Market analysts forecast the global Plant-based Beverages market to grow at a CAGR of over 11% during the period 2019-2023.
Plant-based beverages are healthy and low in calories and primarily include variants such as milks, smoothies, and nogs. Our plant-based beverages industry market analysis considers sales from almond, soy, coconut, and other sources. Our analysis also considers the sales of plant-based beverages in APAC, Europe, MEA, North America, and South America. In 2018, the almond segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as growing awareness about the health benefits of almond-based beverages, product innovation, and new product launches will play a significant role in the almond segment to maintain its market position. Also, our global plant-based beverages market report also looks at factors such as frequent product launches, health benefits of plant-based beverages, increasing lactose intolerant population and rising veganism. However, increasing number of product recalls, fluctuating prices of raw materials and rising penetration of new naive players, stringent regulations may hamper the growth of the plant-based beverages industry over the forecast period.
Plant-based Beverages Market Segment by Manufacturers includes:
and many more.
Plant-based Beverages Market Segment by Regions includes: North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America, Middle East and Africa.
Market Driver: health benefits of plant-based beverages Market Trend: growing popularity of organic plant-based beverages Market Challenge: fluctuating prices of raw materials and rising penetration of new naive players. Health benefits of plant-based beverages Growing awareness about the health benefits of consuming plant-based beverages, such as soy milk, almond milk, pea-based beverages, rice milk, coconut-based beverages, and oat milk, is a major driver, which is estimated to positively impact the growth of the global plant-based beverages market during the forecast period. Plant-based protein in plant-based beverages offers a plethora of health benefits such as it acts as a source of building blocks that promote the growth of healthy tissues and muscles. Such benefits will lead to the expansion of the global plant-based beverages market at a CAGR of over 11% during the forecast period. Growing popularity of organic plant-based beverages The demand and popularity of organic food and beverages, including plant-based beverages, are rising globally. Consumers are preferring organic plant-based beverages to the conventional ones because the former is healthier in nature and is sourced from better quality natural ingredients. Therefore, the majority of vendors are incorporating USDA-certified organic and non-GMO ingredients in their plant-based beverages. This development is expected to have a positive impact on the overall market growth.
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Key questions answered in the report:
Scope Of The Global Plant-based Beverages Market Report :-
This report classifies the Global Plant-based Beverages Market size, and forecast for the year 2024. It additionally highlights the ability increase opportunities in the coming years, even as additionally reviewing the market drivers, restraints, progress signs, challenges, market dynamics, aggressive landscape, and different key aspects. Global Plant-based Beverages Market gives a region-wise analysis like growth aspects, and revenue, Past, present and forecast trends, Analysis of developing market sectors and development opportunities in Plant-based Beverages will forecast market growth.
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Table of Contents
TOC of Keyword Market ReportPART 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
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