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Global Plant Based Beverages Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Rising demand for organic beverages, increasing awareness regarding the health benefits of consuming plant-based beverages and growing social media marketing of plant-based beverages are some of the driving factors for expansion of the Global Plant Based Beverages Market.
Global Plant Based Beverages Market is valued at USD 25.06 Billion in 2021 and expected to reach USD 67.62 Billion by 2028 with a CAGR of 14.32% over the forecast period.
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Scope of Plant Based Beverages Market:-
Plant-based beverages, also known as “plant-based milk” or “plant milk,” are created by extracting plant material from water. Plant-based beverages are those drinks that can be used as a substitute for dairy products. These beverages are derived from plants and are considered a healthy alternative to dairy plant-based beverages. And vegan beverages are manufactured by extracting plant material, such as seeds or grain, from water. Plant-based beverages refer to various food products made from natural plant-sourced ingredients. There are different types of plant-based beverages. They are as follows- Coffee, Fermented Drink, Health Drinks, Juices, Tea, Vegan Milk Products, and others.
Global Plant Based Beverages Market Segmentation:-
Read More Information: https://brandessenceresearch.com/vegan/plant-based-beverages-market-size
The Following Manufacturers Are Covered In This Report:
THE COCA COLA COMPANY, DANONE SA, Califia Farms LLC., Vitasoy International Holdings Limited, Blue Diamond Growers, The HAIN CELESTIAL group, Inc., SunOpta Grains and Foods Inc., Want Want China Holdings Limited, Amy’s Kitchen, Inc. Kikkoman Corporation, and others. Proactis Holdings Plc.
India’s Goodmylk Acquires Plant-Based Nutrition Brand PRO2FIT
On 8th March 2022- Goodmylk, the plant-based dairy company, acquired nutrition brand PRO2FIT in one of the first M&As in India’s rising plant-based sector. PRO2FIT generate plant-based nutrition foods such as vegan protein powder and retails across India. Goodmylk, which raised by US$ 1 million in a seed round extension last year, has been at the frontline of the plant-based movement in India, with the acquisition of PRO2FIT signifying maturity in the developing Indian alt protein sector. This both brands saw synergies in their missions to make plant-based food and nutrition accessible to all.
Plant Based Beverages Market Report is also available for Specific Regions & Countries:
Asia-Pacific is accounting major shares in the global plant-based beverages market due to increasing consumer awareness of the importance of protein-rich diets, growing R&D investments by governments in the food sector, and increasing advancements in the food and beverage industry in this region.
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