Plant-Based Beverages Market Research Report to 2023
                     PLANT-BASED BEVERAGES MARKET 
REPORT 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
PLANT-BASED BEVERAGES MARKET 2020
Plant-Based Beverages Market 2020: Industry Survey, Growth, 
Competitive
Landscape and Forecasts to 2023
The global plant-based beverages market will grow at a CAGR of 8.5% during the forecast period 2018 to 2023. 
The market for plant-based beverages is set to reach US$388.42 billion by 2023. As per market analysts, the 
global market is anticipated to witness growth owing to the factors such as the growing adoption of non-dairy 
beverages as well as the surging animal activism. However, the market will face challenges and restraints due to 
fluctuations in prices of raw material and the increasing demand for probiotic drinks during the forecast period 
2018 to 2023.
The increasing requirement for various healthy and non-dairy drinks in the market will support the growth. As 
per market analysts, the market based companies will face certain challenges during the forecast period 2018 
to 2023. The plant-based beverages market research report provides in-depth analysis of the distribution 
channel, source, and type segments. The market research report presents factors such as the easy availability of 
substitutes that could slow down the plant-based beverages market's growth.
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PLANT-BASED BEVERAGES MARKET 2020
MARKET SEGMENTATION
The plant-based beverages market has been segmented into distribution channel, source, and type. Based on 
the segment which is distribution channel, the market is categorized on the basis of store-based and non-store 
based. The global market for plant-based beverages is further segmented based on source into fruits, nuts, 
seeds and leaves, soy, vegetables, and others. Furthermore, the market, on the basis of type is segmented into 
plant-based milk, RTD tea & coffee, juices, and others.
The plant-based beverages market report offers comprehensive study of the market segments including 
distribution channel, source, and type. The analysts have also studied the market's spread across the regional 
markets across many of the market’s segments at country levels. The distribution channel, source, and type 
segments spread across the market along with the subsegments are studied. The global market for plant-based 
beverages is spread across various product and service based segments. The market research report highlights 
these key segments and offers forecasts based on primary and secondary data. The global market research 
report presents key company profiles of organizations active across the market.
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PLANT-BASED BEVERAGES MARKET 2020
REGIONAL ANALYSIS
The increasing demand for probiotic drinks may hinder the market growth. The market research report 
suggests that companies in the plant-based beverages market could be supported by the increasing demand for 
the non-dairy beverage as well as the growing prevalence of chronic ailments during the forecast period. The 
market is set to register growth at a high CAGR owing to these key factors. The market is spread across North 
America, Europe, Asia-Pacific, and other parts of the world. As per market analysts, the market is set to witness 
tremendous growth across distribution channel, source, and type segments. The global market’s North 
American region covers markets across the United States, Mexico, Canada, and others. Businesses present in the 
market are also profiled and their strategies have been presented in detail in the market research report.
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PLANT-BASED BEVERAGES MARKET 2020
Application & Major Players in this Research:
Plant-Based Beverages Market Prominent Players:
• Coca-Cola Company
• PepsiCo, Inc.
• Hain Celestial Group
• Danone SA
• Fresh Del Monte Produce Inc.
• Campbell Soup Company.
• Califia Strategies
• Koia, Keurig Dr Pepper Inc.
• SunOpta Inc.
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