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Plant-Based Beverages Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028

Plant-Based Beverages Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028

Future Market Insights offers a 10-year forecast of the global plant-based beverages market between 2018 and 2028. In terms of value, the market is expected to register a CAGR of 6.7% during the forecast period. This study demonstrates the market dynamics and trends in the global plant-based beverages market that are expected to influence the current environment and future status of the plant-based beverages market over the forecast period.

Report Description for Plant-Based Beverages

This Future Market Insights report examines the global plant-based beverages market for the period 2018–2028. It provides historical data of 2013, along with estimated data for 2018, and forecast data up to 2028 in terms of value (US$ Mn) and volume (MT). The primary objective of the report is to offer insights into the developments in the market that are significantly influencing the demand for plant-based beverages. Increasing consumer consciousness and preference for plant-based and natural products is identified as the primary driver for plant-based beverages, globally. A few other market drivers for plant-based beverages include the growing prevalence of dietary restriction due to problems like lactose intolerance and food allergies, and the increasing global trend for vegan/vegetarian/flexitarian diets.

The plant-based beverages market is segmented as follows:

Source

Nature

Format

Packaging

Sales Channel

This report covers the global plant-based beverages market performance in terms of value and volume contribution. The report for plant-based beverages also includes FMI’s analysis of key trends, drivers, and restraints in each of the seven regions/countries which are currently influencing the plant-based beverages market. Furthermore, the report gives a complete region/country-wise analysis of 2018 & 2028 estimates of the total revenue and consumption of plant-based beverages. Value chain analysis, opportunity analysis, and scenario forecast of every region/country is included in this plant-based beverages report to better equip clients with crystal-clear decision-making insights.

Based on source segmentation, the plant-based beverages market is segmented into dairy alternatives, RTD drinks, and plant-based juices. The plant-based juice segment of plant-based beverages is predicted to dominate the market in terms of value and volume contribution throughout the forecast period, due to increasing health awareness among population. The Dairy alternatives include plant-based milk like soy milk, almond milk, rice milk, oats milk, cashew milk, seed milk, and others is anticipated to resister highest growth over the forecast years.

Based on nature segmentation, the plant-based beverages market is further categorized into organic and conventional plant-based beverages. The conventional segment is predicted to dominate the market in terms of value and volume contribution throughout the forecast period however will have a declining market till 2028.

Based on format segmentation, the plant-based beverages market is divided into regular and flavored drinks. Manufacturers are offering innovative and different flavors of plant-based beverages to attract larger consumer bases.

Based on packaging segmentation for plant-based beverages, the market is further segmented into glass bottles, plastic bottles & pouches, carton packaging, and cans.

Based on regional segmentation for plant-based beverages, Asia Pacific and North America are estimated to collectively account for more than half of the total share of the global plant-based beverages market, which is expected to increase potentially by 2028 end. Latin America and Eastern Europe are other significant regional markets, which are projected to register the highest CAGRs in terms of value and volume among other regions in the global plant-based beverages market during the forecast period.

For analyzing market size for plant-based beverages in terms of volume, segmentation by source is considered. The dairy alternatives and RTD drinks markets are analyzed by the per capita consumption of plant-based non-dairy beverages in major consuming regions. The market for fruit and vegetable juices is considered by calculating the production of major fruits and vegetable offered as juices, and thereby, the amount of fruits and vegetables for juice processing is calculated. The penetration of plant-based beverages is benchmarked for key target countries in each region. The data modeling approach has been carried out by analyzing the total acreage of source crop/feedstock planted, average yield, amount consumed directly v/s amount used for processing into plant-based beverages, etc. Weighted average selling price for plant-based beverages was considered to estimate the market size of plant-based beverages in major consuming countries. These prices were captured in their respective countries, and then converted into USD to offer forecasts in one consistent currency standard.

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, and Hoovers, and company annual reports and publications. The report provides the detailed competitive and company profiles of key participants operating in the global market.

Some of the key market players covered in plant-based beverages report are The Coca-Cola Company, The Hain Celestial Group, Inc., SunOpta Inc., PepsiCo, Inc., Dr Pepper Snapple Group, Inc., Del Monte Pacific Limited, Pacific Foods of Oregon, Inc., Döhler GmbH, Califia Farms LP, Good Karma Foods, Inc., The WhiteWave Foods Company, Ripple Foods, PBC, Koia, and Harmless Harvest Inc. Plant-based beverage manufacturers are looking towards improving their collection and sourcing processes. This is further supported by agreements with local participants producing plant-based beverages across different regions. Also, companies are focused towards proliferating product portfolios in accordance with the customers of varied applications. Nowadays, consumers are becoming increasingly inclined towards products that impart looks along with better taste and nutrition content. Thus, in order to drive the attention of consumer towards plant-based beverages, manufacturers are increasingly developing blended solutions, which offer both, better taste and nutritional content.


Executive Summary
A gist of the report, highlighting the key takeaways
Market Overview
Market Analysis
FMI Analysis and Recommendations
Wheel of Fortune
Market Introduction
A definition of plant-based beverages and related market taxonomy
Market Definition
Market Taxonomy
Analyst Credentials
About FMI
Plant-Based Beverages Market Background
Tracking the market scenario, with key inferences drawn from historical data, current trends, and future prospects
Macro-Economic Factors
Opportunity Analysis
Global Economic Outlook
Market Dynamics
Drivers
Restraints
Trends
Value Chain Analysis
Forecast Factors – Relevance & Impact
Food and Beverages Market Scenario
Global Plant-Based Products Market Overview
Consumer Buying Behavior Analysis: Plant-based Products
Social Media Sentiment Analysis
Industry Outlook
Marketing Strategies
Processing Technology
Technology Road Map Overview (Upcoming & Ongoing Technologies)
Key Challenges in Market for Plant-Based Beverages
Global Plant-Based Beverages Market Analysis 2013–2017 and Forecast 2018–2028
An overview of the global market size and future projections
Market Volume Projections
Market Size Projections
Y-o-Y Projections
Absolute $ Opportunity Analysis
Global Plant-Based Beverages Market Pricing Analysis
A detailed analysis of pricing is presented based on key regions, product segments and key competitors
Regional Average Pricing Analysis
North America
Latin America
Western Europe
Eastern Europe
APAC
Japan
Middle East & Africa
Pricing Analysis, By Source
Global Plant-Based Beverages Market Analysis 2013–2017 and Forecast 2018–2028, by Source
Source classification into dairy alternatives, RTD drinks, and plant-based juices of Plant-based beverages highlighting historical trends, current market value, and future projections on the basis of key segments
Introduction
Market Value Share Analysis By Source
Y-o-Y Growth Analysis By Source
Historical Market Size (US$ Mn) and Volume By Source, 2013–2017
Market Size (US$ Mn) and Volume Forecast By Source, 2018-2028
Dairy Alternatives
Almond Milk
Soy Milk
Coconut Milk
Rice Milk
Oats Milk
Seed Milk
Cashew Milk
Others
RTD Drinks
Coffee
Tea
Plant-Based Juices
Fruit
Vegetable
Market Attractiveness Analysis By Source
Global Plant-Based Beverages Market Analysis 2013–2017 and Forecast 2018–2028, by Nature
Nature classification into organic and conventional Plant-Based Beverages highlighting historical trends, current market value, and future projections on the basis of key segments
Introduction
Market Value Share Analysis By Nature
Y-o-Y Growth Analysis By Nature
Historical Market Size (US$ Mn) and Volume By Nature, 2013–2017
Market Size (US$ Mn) and Volume Forecast By Natures, 2018-2028
Organic
Conventional
Market Attractiveness Analysis By Nature
Global Plant-Based Beverages Market Analysis 2013–2017 and Forecast 2018–2028, by Format
Format classification into regular and flavoured highlighting historical trends, current market value, and future projections on the basis of key segments
Introduction
Market Value Share Analysis By Format
Y-o-Y Growth Analysis By Format
Historical Market Size (US$ Mn) and Volume By Format, 2013–2017
Market Size (US$ Mn) and Volume Forecast By Format, 2018-2028
Regular
Flavored
Market Attractiveness Analysis By Format
Global Plant-Based Beverages Market Analysis 2013–2017 and Forecast 2018–2028, by Packaging
Packaging classification into glass bottles, plastic bottles & pouches, carton packaging, and cans highlighting historical trends, current market value, and future projections on the basis of key segments
Introduction
Market Value Share Analysis By Packaging
Y-o-Y Growth Analysis By Packaging
Historical Market Size (US$ Mn) and Volume By Packaging, 2013–2017
Market Size (US$ Mn) and Volume Forecast By Packaging, 2018-2028
Glass Bottles
Plastic Bottles & Pouches
Carton Packaging
Cans
Market Attractiveness Analysis By Packaging
Global Plant-Based Beverages Market Analysis 2013–2017 and Forecast 2018–2028, by Sales Channel
Assessment of Sales Channel of plant-based beverages currently gaining traction, highlighting historical trends and forecasts on the basis of key segments
Introduction
Market Value Share Analysis By Sales Channel
Y-o-Y Growth Analysis By Sales Channel
Historical Market Size (US$ Mn) and Volume By Sales Channel, 2013–2017
Market Size (US$ Mn) and Volume Forecast By Sales Channel, 2018-2028
Hypermarkets/Supermarkets
Convenience Stores
Independent Small Groceries
Speciality Stores
Online Retailers
Market Attractiveness Analysis By Sales Channel
Global Plant-Based Beverages Market Analysis and Forecast, By Region
A detailed, region-wise assessment, providing projections on market growth in key regions
Introduction
Market Value Share Analysis By Region
Y-o-Y Growth Analysis By Region
Historical Market Size (US$ Mn) and Volume By Region, 2013–2017
Market Size (US$ Mn) and Volume Forecast By Region, 2018-2028
North America
Latin America
Western Europe
Eastern Europe
APAC
Japan
Middle East & Africa
Market Attractiveness Analysis By Region
North America Plant-Based Beverages Market Analysis 2013–2017 and Forecast 2018–2028
Market analysis and forecast in U.S. and Canada
Introduction
Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
By Country
U.S.
Canada
By Source
By Nature
By Format
By Packaging
By Sales Channel
Market Attractiveness Analysis
By Country
By Source
By Nature
By Format
By Packaging
By Sales Channel
Drivers and Restraints: Impact Analysis
Key Participants Market Presence Intensity Mapping
Latin America Plant-Based Beverages Market Analysis 2013–2017 and Forecast 2018–2028
Market analysis and forecast in Brazil, Mexico and rest of Latin America
Introduction
Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
By Country
Brazil
Mexico
Rest of Latin America
By Source
By Nature
By Format
By Packaging
By Sales Channel
Market Attractiveness Analysis
By Country
By Source
By Nature
By Format
By Packaging
By Sales Channel
Drivers and Restraints: Impact Analysis
Key Participants Market Presence Intensity Mapping
Western Europe Plant-Based Beverages Market Analysis 2013–2017 and Forecast 2018–2028
Market analysis and forecast in EU5, Benelux, Nordic and rest of Western Europe
Introduction
Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
By Country
Germany
United Kingdom
France
Italy
Spain
Benelux
Nordic Region
Rest of Western Europe
By Source
By Nature
By Format
By Packaging
By Sales Channel
Market Attractiveness Analysis
By Country
By Source
By Nature
By Format
By Packaging
By Sales Channel
Drivers and Restraints: Impact Analysis
Key Participants Market Presence Intensity Mapping
Eastern Europe Plant-Based Beverages Market Analysis 2013–2017 and Forecast 2018–2028
Market analysis and forecast in Russia, Poland and rest of Eastern Europe
Introduction
Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
By Country
Russia
Poland
Rest of Eastern Europe
By Source
By Nature
By Format
By Packaging
By Sales Channel
Market Attractiveness Analysis
By Country
By Source
By Nature
By Format
By Packaging
By Sales Channel
Drivers and Restraints: Impact Analysis
Key Participants Market Presence Intensity Mapping
APAC Plant-Based Beverages Market Analysis 2013–2017 and Forecast 2018–2028
Market analysis and forecast in Russia, Poland and rest of Eastern Europe
Introduction
Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
By Country
China
India
Australia and New Zealand
ASEAN
Rest of APAC
By Source
By Nature
By Format
By Packaging
By Sales Channel
Market Attractiveness Analysis
By Country
By Source
By Nature
By Format
By Packaging
By Sales Channel
Drivers and Restraints: Impact Analysis
Key Participants Market Presence Intensity Mapping
Japan Plant-Based Beverages Market Analysis 2013–2017 and Forecast 2018–2028
Market analysis and forecast in Japan
Introduction
Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
By Source
By Nature
By Format
By Packaging
By Sales Channel
Market Attractiveness Analysis
By Source
By Nature
By Format
By Packaging
By Sales Channel
Drivers and Restraints: Impact Analysis
Key Participants Market Presence Intensity Mapping
Middle East & Africa Plant-Based Beverages Market Analysis 2013–2017 and Forecast 2018–2028
Market analysis and forecast in GCC countries, South Africa and rest of MEA
Introduction
Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
By Country
GCC Countries
South Africa
Rest of MEA
By Source
By Nature
By Format
By Packaging
By Sales Channel
Market Attractiveness Analysis
By Country
By Source
By Nature
By Format
By Packaging
By Sales Channel
Drivers and Restraints: Impact Analysis
Key Participants Market Presence Intensity Mapping
Plant-Based Beverages Market Industry Structure
Market Analysis by Tier of Companies
By Large, Medium and Small
Market Concentration
By Top 5 and By Top 10
Production Capacity Share Analysis
By Large, Medium and Small
By Top 5 and By Top 10
Market Share Analysis of Top 10 Players, By Region
North America
Europe
Asia Pacific
Market Presence Analysis
By Regional Footprint
By Product Footprint
By Channel Footprint
Competition Analysis
Profile of some of the key market players, with specific focus on business and product strategies
Competition Dashboard
Competitive Benchmarking
Profitability and Gross Margin Analysis By Competition
Competition Developments (Mergers, Acquisitions and Expansions)
Competition Deepdive
The Coca-Cola Company Overview
Product Portfolio
Production Footprint
Sales Footprint
Channel Footprint
Gross Margin Benchmarking
Strategy Overview
Marketing Strategy
Product Strategy
Channel Strategy
The Hain Celestial Group, Inc.
Overview
Product Portfolio
Production Footprint
Sales Footprint
Channel Footprint
Gross Margin Benchmarking
Strategy Overview
Marketing Strategy
Product Strategy
Channel Strategy
SunOpta Inc.
Overview
Product Portfolio
Production Footprint
Sales Footprint
Channel Footprint
Gross Margin Benchmarking
Strategy Overview
Marketing Strategy
Product Strategy
Channel Strategy
PepsiCo, Inc.
Overview
Product Portfolio
Production Footprint
Sales Footprint
Channel Footprint
Gross Margin Benchmarking
Strategy Overview
Marketing Strategy
Product Strategy
Channel Strategy
Dr Pepper Snapple Group, Inc.
Overview
Product Portfolio
Production Footprint
Sales Footprint
Channel Footprint
Gross Margin Benchmarking
Strategy Overview
Marketing Strategy
Product Strategy
Channel Strategy
Del Monte Pacific Limited
Overview
Product Portfolio
Production Footprint
Sales Footprint
Channel Footprint
Gross Margin Benchmarking
Strategy Overview
Marketing Strategy
Product Strategy
Channel Strategy
Pacific Foods of Oregon, Inc.
Overview
Product Portfolio
Production Footprint
Sales Footprint
Channel Footprint
Gross Margin Benchmarking
Strategy Overview
Marketing Strategy
Product Strategy
Channel Strategy
Döhler GmbH
Overview
Product Portfolio
Production Footprint
Sales Footprint
Channel Footprint
Gross Margin Benchmarking
Strategy Overview
Marketing Strategy
Product Strategy
Channel Strategy
Califia Farms LP
Good Karma Foods, Inc.
The WhiteWave Foods Company
Ripple Foods, PBC
Koia
Harmless Harvest Inc
Research Methodology

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