Global Plant-based Beverage Market; Forecast up to 2026
With the growing health awareness and adoption of a healthy lifestyle, plant-based food items and beverages are in high demand.
Plant-based beverages are also known as plant-based milk or plant milk. These beverages are prepared by extracting plant material such as seeds or grains. The most common type include almond milk, soy milk, cashew milk, oat milk, coconut milk, rice milk, and flax milk.
According to the market research report on plant-based beverages, the global market is anticipated to grow at a CAGR of 8.5 percent to reach USD 23,583.2 million by the end of 2026.
Plant-based beverages are a substitute for animal-based products. Today the number of cases is increasing related to lactose intolerance and milk allergies. Hence, consumers are moving to a nutritious and vegan way of living that is driving the growth of the global plant-based beverages market.
The plant-based beverage market is segmented into 5 key segments:
- Sales channel
- Major players
- Based on region
For more details and analysis, Check JSB Market Research’s Global Plant-based Beverage Market Report, Forecast to 2026. The study analyses the market share of each region, company, and product. The report also entails challenges, threats, constraints, opportunities, and investment opportunities prevailing in the market.