How Plant-Based Beverages Market Players have Encountered Temporary Covid-19 Tailwinds; Worth Watching New Growth Cycle

Plant-Based Beverages Market Latest Edition Published with Forecast to 2027
  • Oct 4, 2021
  • Sharvari
  • Beverages
  • AMA Research


According to the report, Increasing Number of Product Launches is one of the primary growth factors for the market. Nutritional Benefits Offered By Plant-Based Dairy Alternative Beverages is also expected to contribute significantly to the Plant-Based Beverages market. Overall, Hypermarkets/Supermarkets applications of Plant-Based Beverages, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Source , such as Almond, is boosting the Plant-Based Beverages market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Function, such as Cardiovascular health, is boosting the Plant-Based Beverages market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Distribution Channel, such as Online Stores, is boosting the Plant-Based Beverages market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Packaging, such as Glass Bottles, is boosting the Plant-Based Beverages market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Plant-Based Beverages market identified that the demand is rising in many different parts of the world as "Integration of Value-Added Ingredients and Flavor Innovations in Beverages ". Furthermore, some recent industry insights like "In Sept 2020, Nestlé is expanding its range of dairy alternatives with the launch of a plant-based Nesquik drink in Europe. The new ready-to-drink beverage will be launched first in Spain, Portugal and Hungary and then in other European countries. It combines the goodness of oats and peas with sustainably sourced cocoa and is lower in sugar than regular milk-based Nesquik." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Plant-Based Beverages market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Plant-Based Beverages market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Plant-Based Beverages market size is calculated using market estimation process, the Plant-Based Beverages market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Plant-Based Beverages market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager