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The global Plant-based Beverages market size is estimated to be $23.51 billion in 2023, and Market IntelliX analysts predict it will reach $41.9 billion by 2031, growing at a CAGR of 7.5% during the forecast period from 2023 to 2031.
This report studies the Plant-based Beverages market, covering market size for segment by type (Soy-based, Coconut-based, etc.), by application (Supermarkets & Hypermarkets, Convenience Stores, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Danone, Hain Celestial, Califia Farms, Blue Diamond Growers, Pacific Foods of Oregon, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
This report provides detailed historical analysis of global market for Plant-based Beverages from 2018-2023, and provides extensive market forecasts from 2024-2031 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Plant-based Beverages market.
Leading Players of Plant-based Beverages including:
Danone
Hain Celestial
Califia Farms
Blue Diamond Growers
Pacific Foods of Oregon
SunOpta
Noumi
Vitasoy
ALOHA
Ripple Foods
Harmless Harvest
Koia
Market split by Type:
Soy-based
Coconut-based
Almond-based
Oat-based
Others
Market split by Application:
Supermarkets & Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Market split by Sales Channel:
Direct Channel
Distribution Channel
Market split by Region/Country:
North America (United States and Canada)
Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)
South America (Brazil, Mexico, and Argentina, etc.)
Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)
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Chapter 1 Plant-based Beverages Market Overview
1.1 Plant-based Beverages Definition
1.2 Global Plant-based Beverages Market Size Status and Outlook (2018-2031)
1.3 Global Plant-based Beverages Market Size Comparison by Region (2018-2031)
1.4 Global Plant-based Beverages Market Size Comparison by Type (2018-2031)
1.5 Global Plant-based Beverages Market Size Comparison by Application (2018-2031)
1.6 Global Plant-based Beverages Market Size Comparison by Sales Channel (2018-2031)
1.7 Plant-based Beverages Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Merger/Acquisition/Expansion)
1.7.4 Key Trends in Plant-based Beverages Market
Chapter 2 Plant-based Beverages Market Competition by Player
2.1 Global Plant-based Beverages Sales and Market Share by Player (2021-2023)
2.2 Global Plant-based Beverages Revenue and Market Share by Player (2021-2023)
2.3 Global Plant-based Beverages Average Price by Player (2021-2023)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Plant-based Beverages Market Segment by Type
3.1 Global Plant-based Beverages Market by Type
3.1.1 Soy-based
3.1.2 Coconut-based
3.1.3 Almond-based
3.1.4 Oat-based
3.1.5 Others
3.2 Global Plant-based Beverages Sales and Market Share by Type (2018-2023)
3.3 Global Plant-based Beverages Revenue and Market Share by Type (2018-2023)
3.4 Global Plant-based Beverages Average Price by Type (2018-2023)
3.5 Conclusion of Segment by Type
Chapter 4 Plant-based Beverages Market Segment by Application
4.1 Global Plant-based Beverages Market by Application
4.1.1 Supermarkets & Hypermarkets
4.1.2 Convenience Stores
4.1.3 Specialty Stores
4.1.4 Online Stores
4.2 Global Plant-based Beverages Revenue and Market Share by Application (2018-2023)
4.3 Conclusion of Segment by Application
Chapter 5 Plant-based Beverages Market Segment by Sales Channel
5.1 Global Plant-based Beverages Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global Plant-based Beverages Revenue and Market Share by Sales Channel (2018-2023)
5.3 Conclusion of Segment by Sales Channel
Chapter 6 Plant-based Beverages Market Segment by Region & Country
6.1 Global Plant-based Beverages Market Size and CAGR by Region (2018-2031)
6.2 Global Plant-based Beverages Sales and Market Share by Region (2018-2023)
6.3 Global Plant-based Beverages Revenue and Market Share by Region (2018-2023)
6.4 North America
6.4.1 North America Market by Country
6.4.2 North America Plant-based Beverages Market Share by Type
6.4.3 North America Plant-based Beverages Market Share by Application
6.4.4 United States
6.4.5 Canada
6.5 Europe
6.5.1 Europe Market by Country
6.5.2 Europe Plant-based Beverages Market Share by Type
6.5.3 Europe Plant-based Beverages Market Share by Application
6.5.4 Germany
6.5.5 UK
6.5.6 France
6.5.7 Italy
6.5.8 Spain
6.5.9 Russia
6.6 Asia-Pacific
6.6.1 Asia-Pacific Market by Country
6.6.2 Asia-Pacific Plant-based Beverages Market Share by Type
6.6.3 Asia-Pacific Plant-based Beverages Market Share by Application
6.6.4 China
6.6.5 Japan
6.6.6 Korea
6.6.7 India
6.6.8 Southeast Asia
6.6.9 Australia
6.7 South America
6.7.1 South America Market by Country
6.7.2 South America Plant-based Beverages Market Share by Type
6.7.3 South America Plant-based Beverages Market Share by Application
6.7.4 Brazil
6.7.5 Mexico
6.7.6 Argentina
6.7.7 Colombia
6.8 Middle East & Africa
6.8.1 Middle East & Africa Market by Country
6.8.2 Middle East & Africa Plant-based Beverages Market Share by Type
6.8.3 Middle East & Africa Plant-based Beverages Market Share by Application
6.8.4 Turkey
6.8.5 UAE
6.8.6 Saudi Arabia
6.8.7 South Africa
6.9 Conclusion of Segment by Region
Chapter 7 Profile of Leading Plant-based Beverages Players
7.1 Danone
7.1.1 Company Snapshot
7.1.2 Product/Service Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.2 Hain Celestial
7.3 Califia Farms
7.4 Blue Diamond Growers
7.5 Pacific Foods of Oregon
7.6 SunOpta
7.7 Noumi
7.8 Vitasoy
7.9 ALOHA
7.10 Ripple Foods
7.11 Harmless Harvest
7.12 Koia
Chapter 8 Upstream and Downstream Analysis of Plant-based Beverages
8.1 Industrial Chain of Plant-based Beverages
8.2 Upstream of Plant-based Beverages
8.3 Downstream of Plant-based Beverages
Chapter 9 Development Trend of Plant-based Beverages (2024-2031)
9.1 Global Plant-based Beverages Market Size (Sales and Revenue) Forecast (2024-2031)
9.2 Global Plant-based Beverages Market Size and CAGR Forecast by Region (2024-2031)
9.3 Global Plant-based Beverages Market Size and CAGR Forecast by Type (2024-2031)
9.4 Global Plant-based Beverages Market Size and CAGR Forecast by Application (2024-2031)
9.5 Global Plant-based Beverages Market Size and CAGR Forecast by Sales Channel (2024-2031)
Chapter 10 Appendix
10.1 Research Methodology
10.2 Data Sources
10.3 Disclaimer
10.4 Analysts Certification
List of Tables and Figures
Figure Plant-based Beverages Example
Figure Global Plant-based Beverages Revenue (Million $) Status and Outlook (2018-2031)
Figure Global Plant-based Beverages Revenue (Million $) Comparison by Region (2018-2031)
Figure Global Plant-based Beverages Revenue (Million $) Comparison by Type (2018-2031)
Figure Global Plant-based Beverages Revenue (Million $) Comparison by Application (2018-2031)
Figure Global Plant-based Beverages Revenue (Million $) Comparison by Sales Channel (2018-2031)
Table Global Plant-based Beverages Sales by Player (2021-2023)
Table Global Plant-based Beverages Sales Market Share by Player (2021-2023)
Figure Global Plant-based Beverages Sales Market Share by Player in 2023
Table Global Plant-based Beverages Revenue (Million $) by Player (2021-2023)
Table Global Plant-based Beverages Revenue Market Share by Player (2021-2023)
Figure Global Plant-based Beverages Revenue Market Share by Player in 2023
Table Global Plant-based Beverages Average Price by Player (2021-2023)
Figure Global Plant-based Beverages Average Price by Player in 2023
Figure Global Plant-based Beverages Players Competition Situation – Top 5 Players’ Revenue Market Share in 2021
Figure Global Plant-based Beverages Players Competition Trends – Top 5 Players’ Revenue Market Share in 2023
Figure Example of Soy-based
Figure Global Soy-based Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Coconut-based
Figure Global Coconut-based Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Almond-based
Figure Global Almond-based Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Oat-based
Figure Global Oat-based Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Others
Figure Global Others Revenue (Million $) and Growth Rate (2018-2023)
Table Global Plant-based Beverages Sales by Type (2018-2023)
Table Global Plant-based Beverages Sales Market Share by Type (2018-2023)
Figure Global Plant-based Beverages Sales Market Share by Type in 2023
Table Global Plant-based Beverages Revenue (Million $) by Type (2018-2023)
Table Global Plant-based Beverages Revenue Market Share by Type (2018-2023)
Figure Global Plant-based Beverages Revenue Market Share by Type in 2023
Table Global Plant-based Beverages Average Price by Type (2018-2023)
Figure Global Plant-based Beverages Average Price by Type in 2023
Table Leading Players of Plant-based Beverages by Type in 2023
Figure Example of Supermarkets & Hypermarkets
Figure Global Plant-based Beverages for Supermarkets & Hypermarkets Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Convenience Stores
Figure Global Plant-based Beverages for Convenience Stores Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Specialty Stores
Figure Global Plant-based Beverages for Specialty Stores Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Online Stores
Figure Global Plant-based Beverages for Online Stores Revenue (Million $) and Growth Rate (2018-2023)
Table Global Plant-based Beverages Sales by Application (2018-2023)
Table Global Plant-based Beverages Sales Market Share by Application (2018-2023)
Figure Global Plant-based Beverages Sales Market Share by Application in 2023
Table Leading Consumers of Plant-based Beverages by Application in 2023
Figure Example of Direct Channel
Figure Global Plant-based Beverages for Direct Channel Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Distribution Channel
Figure Global Plant-based Beverages for Distribution Channel Revenue (Million $) and Growth Rate (2018-2023)
Table Global Plant-based Beverages Revenue by Sales Channel (2018-2023)
Table Global Plant-based Beverages Revenue Market Share by Sales Channel (2018-2023)
Figure Global Plant-based Beverages Revenue Market Share by Sales Channel in 2023
Table Leading Distributors/Dealers of Plant-based Beverages by Sales Channel in 2023
Table Global Plant-based Beverages Market Size and CAGR by Region (2018-2031)
Table Global Plant-based Beverages Sales by Region (2018-2023)
Table Global Plant-based Beverages Sales Market Share by Region (2018-2023)
Figure Global Plant-based Beverages Sales Market Share by Region in 2023
Table Global Plant-based Beverages Revenue (Million $) by Region (2018-2023)
Table Global Plant-based Beverages Revenue Market Share by Region (2018-2023)
Figure Global Plant-based Beverages Revenue Market Share by Region in 2023
Table North America Plant-based Beverages Sales by Country (2018-2023)
Figure North America Plant-based Beverages Sales Market Share by Country (2018-2023)
Table North America Plant-based Beverages Revenue by Country (2018-2023)
Figure North America Plant-based Beverages Revenue Market Share by Country (2018-2023)
Figure North America Plant-based Beverages Market Share by Type in 2023
Figure North America Plant-based Beverages Market Share by Application in 2023
Figure United States Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure United States Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Canada Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure Canada Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Table Europe Plant-based Beverages Sales by Country (2018-2023)
Figure Europe Plant-based Beverages Sales Market Share by Country (2018-2023)
Table Europe Plant-based Beverages Revenue by Country (2018-2023)
Figure Europe Plant-based Beverages Revenue Market Share by Country (2018-2023)
Figure Europe Plant-based Beverages Market Share by Type in 2023
Figure Europe Plant-based Beverages Market Share by Application in 2023
Figure Germany Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure Germany Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure UK Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure UK Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure France Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure France Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Italy Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure Italy Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Spain Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure Spain Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Russia Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure Russia Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Table Asia-Pacific Plant-based Beverages Sales by Country (2018-2023)
Figure Asia-Pacific Plant-based Beverages Sales Market Share by Country (2018-2023)
Table Asia-Pacific Plant-based Beverages Revenue by Country (2018-2023)
Figure Asia-Pacific Plant-based Beverages Revenue Market Share by Country (2018-2023)
Figure Asia-Pacific Plant-based Beverages Market Share by Type in 2023
Figure Asia-Pacific Plant-based Beverages Market Share by Application in 2023
Figure China Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure China Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Japan Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure Japan Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Korea Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure Korea Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure India Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure India Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Southeast Asia Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure Southeast Asia Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Australia Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure Australia Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Table South America Plant-based Beverages Sales by Country (2018-2023)
Figure South America Plant-based Beverages Sales Market Share by Country (2018-2023)
Table South America Plant-based Beverages Revenue by Country (2018-2023)
Figure South America Plant-based Beverages Revenue Market Share by Country (2018-2023)
Figure South America Plant-based Beverages Market Share by Type in 2023
Figure South America Plant-based Beverages Market Share by Application in 2023
Figure Brazil Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure Brazil Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Mexico Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure Mexico Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Argentina Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure Argentina Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Colombia Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure Colombia Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Table Middle East & Africa Plant-based Beverages Sales by Country (2018-2023)
Figure Middle East & Africa Plant-based Beverages Sales Market Share by Country (2018-2023)
Table Middle East & Africa Plant-based Beverages Revenue by Country (2018-2023)
Figure Middle East & Africa Plant-based Beverages Revenue Market Share by Country (2018-2023)
Figure Middle East & Africa Plant-based Beverages Market Share by Type in 2023
Figure Middle East & Africa Plant-based Beverages Market Share by Application in 2023
Figure Turkey Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure Turkey Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure UAE Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure UAE Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Saudi Arabia Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure Saudi Arabia Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure South Africa Plant-based Beverages Sales and Growth Rate (2018-2023)
Figure South Africa Plant-based Beverages Revenue (Million $) and Growth Rate (2018-2023)
Table Company Snapshot of Danone
Table Plant-based Beverages Introduction of Danone
Table Plant-based Beverages Sales, Price, Revenue, Gross Margin and Market Share of Danone (2021-2023)
Table Industrial Chain of Plant-based Beverages
Table Leading Consumers of Plant-based Beverages
Figure Global Plant-based Beverages Sales and Growth Rate Forecast (2024-2031)
Figure Global Plant-based Beverages Revenue and Growth Rate Forecast (2024-2031)
Table Global Plant-based Beverages Market Size and CAGR Forecast by Region (2024-2031)
Table Global Plant-based Beverages Market Size and CAGR Forecast by Type (2024-2031)
Table Global Plant-based Beverages Market Size and CAGR Forecast by Application (2024-2031)
Table Global Plant-based Beverages Market Size and CAGR Forecast by Sales Channel (2024-2031)
Research Methodology:
Plant-based Beverages Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Qualitative Analysis |
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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Total Market |
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