Plant-Based Beverages Market Demand with Competitive Landscape and Analysis Research Report 2028
                     Plant-Based Beverages Market Demand with 
Competitive Landscape and Analysis Research Report 
2028
Plant-Based Beverages Market, By Type (Milk, Others), Source (Almond, Soy, Coconut, 
Rice and Others), Function (Cardiovascular Health, Cancer Prevention, Bone Health, 
Lactose Free Alternative and Others), Industry Trends and Forecast to 2028
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Market Analysis and Insights 
The plant-based beverages market is projected to reach at USD 32.29 billion by 2028 
growing at a CAGR of 9.07% for the forecast period of 2021 to 2028. Growing number of 
vegan population and health benefits provided by plant-based beverages are major 
factor contributing to the growth of plant-based beverages market during the forecasted 
period.
Plant-based beverages are also termed as plant-based milk or plant milk. Plant-based 
beverages are extracted from plant material including seeds grain and water as a vehicle. 
These are often used as alternative for dairy milk and mostly preferred by the consumers 
who are prone to lactose intolerance. The almond milk is the most popular plant-based 
milk.
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Major Key Players
Some of the major players operating in this market are : 
• Blue Diamond Growers
• DANONE SA
• Hain Celestial
• Pureharvest
• SunOpta
• Want Want China Holdings Limited
• Kikkoman Corporation
• Ripple Foods
• Califia Farms
• THE COCA COLA COMPANY
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Market Segmentation
• By Type (Milk, Others)
• By Source (Almond, Soy, Coconut, Rice and Others)
• By Function (Cardiovascular Health, Cancer Prevention, Bone Health, 
Lactose Free Alternative and Others)
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Regional Analysis
Based on geography, the market is segmented into five geographical 
regions
    North America
       Europe
       Asia-Pacific
       South America
       Middle East 
       Africa
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