The global Plant-based Protein 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 Protein 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 Protein 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 Protein Beverages market.
Leading Players of Plant-based Protein 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 Protein Beverages Market Overview
1.1 Plant-based Protein Beverages Definition
1.2 Global Plant-based Protein Beverages Market Size Status and Outlook (2018-2031)
1.3 Global Plant-based Protein Beverages Market Size Comparison by Region (2018-2031)
1.4 Global Plant-based Protein Beverages Market Size Comparison by Type (2018-2031)
1.5 Global Plant-based Protein Beverages Market Size Comparison by Application (2018-2031)
1.6 Global Plant-based Protein Beverages Market Size Comparison by Sales Channel (2018-2031)
1.7 Plant-based Protein 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 Protein Beverages Market
Chapter 2 Plant-based Protein Beverages Market Competition by Player
2.1 Global Plant-based Protein Beverages Sales and Market Share by Player (2021-2023)
2.2 Global Plant-based Protein Beverages Revenue and Market Share by Player (2021-2023)
2.3 Global Plant-based Protein Beverages Average Price by Player (2021-2023)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Plant-based Protein Beverages Market Segment by Type
3.1 Global Plant-based Protein 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 Protein Beverages Sales and Market Share by Type (2018-2023)
3.3 Global Plant-based Protein Beverages Revenue and Market Share by Type (2018-2023)
3.4 Global Plant-based Protein Beverages Average Price by Type (2018-2023)
3.5 Conclusion of Segment by Type
Chapter 4 Plant-based Protein Beverages Market Segment by Application
4.1 Global Plant-based Protein 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 Protein Beverages Revenue and Market Share by Application (2018-2023)
4.3 Conclusion of Segment by Application
Chapter 5 Plant-based Protein Beverages Market Segment by Sales Channel
5.1 Global Plant-based Protein Beverages Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global Plant-based Protein Beverages Revenue and Market Share by Sales Channel (2018-2023)
5.3 Conclusion of Segment by Sales Channel
Chapter 6 Plant-based Protein Beverages Market Segment by Region & Country
6.1 Global Plant-based Protein Beverages Market Size and CAGR by Region (2018-2031)
6.2 Global Plant-based Protein Beverages Sales and Market Share by Region (2018-2023)
6.3 Global Plant-based Protein 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 Protein Beverages Market Share by Type
6.4.3 North America Plant-based Protein 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 Protein Beverages Market Share by Type
6.5.3 Europe Plant-based Protein 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 Protein Beverages Market Share by Type
6.6.3 Asia-Pacific Plant-based Protein 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 Protein Beverages Market Share by Type
6.7.3 South America Plant-based Protein 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 Protein Beverages Market Share by Type
6.8.3 Middle East & Africa Plant-based Protein 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 Protein 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 Protein Beverages
8.1 Industrial Chain of Plant-based Protein Beverages
8.2 Upstream of Plant-based Protein Beverages
8.3 Downstream of Plant-based Protein Beverages
Chapter 9 Development Trend of Plant-based Protein Beverages (2024-2031)
9.1 Global Plant-based Protein Beverages Market Size (Sales and Revenue) Forecast (2024-2031)
9.2 Global Plant-based Protein Beverages Market Size and CAGR Forecast by Region (2024-2031)
9.3 Global Plant-based Protein Beverages Market Size and CAGR Forecast by Type (2024-2031)
9.4 Global Plant-based Protein Beverages Market Size and CAGR Forecast by Application (2024-2031)
9.5 Global Plant-based Protein 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 Protein Beverages Example
Figure Global Plant-based Protein Beverages Revenue (Million $) Status and Outlook (2018-2031)
Figure Global Plant-based Protein Beverages Revenue (Million $) Comparison by Region (2018-2031)
Figure Global Plant-based Protein Beverages Revenue (Million $) Comparison by Type (2018-2031)
Figure Global Plant-based Protein Beverages Revenue (Million $) Comparison by Application (2018-2031)
Figure Global Plant-based Protein Beverages Revenue (Million $) Comparison by Sales Channel (2018-2031)
Table Global Plant-based Protein Beverages Sales by Player (2021-2023)
Table Global Plant-based Protein Beverages Sales Market Share by Player (2021-2023)
Figure Global Plant-based Protein Beverages Sales Market Share by Player in 2023
Table Global Plant-based Protein Beverages Revenue (Million $) by Player (2021-2023)
Table Global Plant-based Protein Beverages Revenue Market Share by Player (2021-2023)
Figure Global Plant-based Protein Beverages Revenue Market Share by Player in 2023
Table Global Plant-based Protein Beverages Average Price by Player (2021-2023)
Figure Global Plant-based Protein Beverages Average Price by Player in 2023
Figure Global Plant-based Protein Beverages Players Competition Situation – Top 5 Players’ Revenue Market Share in 2021
Figure Global Plant-based Protein 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 Protein Beverages Sales by Type (2018-2023)
Table Global Plant-based Protein Beverages Sales Market Share by Type (2018-2023)
Figure Global Plant-based Protein Beverages Sales Market Share by Type in 2023
Table Global Plant-based Protein Beverages Revenue (Million $) by Type (2018-2023)
Table Global Plant-based Protein Beverages Revenue Market Share by Type (2018-2023)
Figure Global Plant-based Protein Beverages Revenue Market Share by Type in 2023
Table Global Plant-based Protein Beverages Average Price by Type (2018-2023)
Figure Global Plant-based Protein Beverages Average Price by Type in 2023
Table Leading Players of Plant-based Protein Beverages by Type in 2023
Figure Example of Supermarkets & Hypermarkets
Figure Global Plant-based Protein Beverages for Supermarkets & Hypermarkets Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Convenience Stores
Figure Global Plant-based Protein Beverages for Convenience Stores Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Specialty Stores
Figure Global Plant-based Protein Beverages for Specialty Stores Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Online Stores
Figure Global Plant-based Protein Beverages for Online Stores Revenue (Million $) and Growth Rate (2018-2023)
Table Global Plant-based Protein Beverages Sales by Application (2018-2023)
Table Global Plant-based Protein Beverages Sales Market Share by Application (2018-2023)
Figure Global Plant-based Protein Beverages Sales Market Share by Application in 2023
Table Leading Consumers of Plant-based Protein Beverages by Application in 2023
Figure Example of Direct Channel
Figure Global Plant-based Protein Beverages for Direct Channel Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Distribution Channel
Figure Global Plant-based Protein Beverages for Distribution Channel Revenue (Million $) and Growth Rate (2018-2023)
Table Global Plant-based Protein Beverages Revenue by Sales Channel (2018-2023)
Table Global Plant-based Protein Beverages Revenue Market Share by Sales Channel (2018-2023)
Figure Global Plant-based Protein Beverages Revenue Market Share by Sales Channel in 2023
Table Leading Distributors/Dealers of Plant-based Protein Beverages by Sales Channel in 2023
Table Global Plant-based Protein Beverages Market Size and CAGR by Region (2018-2031)
Table Global Plant-based Protein Beverages Sales by Region (2018-2023)
Table Global Plant-based Protein Beverages Sales Market Share by Region (2018-2023)
Figure Global Plant-based Protein Beverages Sales Market Share by Region in 2023
Table Global Plant-based Protein Beverages Revenue (Million $) by Region (2018-2023)
Table Global Plant-based Protein Beverages Revenue Market Share by Region (2018-2023)
Figure Global Plant-based Protein Beverages Revenue Market Share by Region in 2023
Table North America Plant-based Protein Beverages Sales by Country (2018-2023)
Figure North America Plant-based Protein Beverages Sales Market Share by Country (2018-2023)
Table North America Plant-based Protein Beverages Revenue by Country (2018-2023)
Figure North America Plant-based Protein Beverages Revenue Market Share by Country (2018-2023)
Figure North America Plant-based Protein Beverages Market Share by Type in 2023
Figure North America Plant-based Protein Beverages Market Share by Application in 2023
Figure United States Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure United States Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Canada Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure Canada Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Table Europe Plant-based Protein Beverages Sales by Country (2018-2023)
Figure Europe Plant-based Protein Beverages Sales Market Share by Country (2018-2023)
Table Europe Plant-based Protein Beverages Revenue by Country (2018-2023)
Figure Europe Plant-based Protein Beverages Revenue Market Share by Country (2018-2023)
Figure Europe Plant-based Protein Beverages Market Share by Type in 2023
Figure Europe Plant-based Protein Beverages Market Share by Application in 2023
Figure Germany Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure Germany Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure UK Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure UK Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure France Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure France Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Italy Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure Italy Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Spain Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure Spain Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Russia Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure Russia Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Table Asia-Pacific Plant-based Protein Beverages Sales by Country (2018-2023)
Figure Asia-Pacific Plant-based Protein Beverages Sales Market Share by Country (2018-2023)
Table Asia-Pacific Plant-based Protein Beverages Revenue by Country (2018-2023)
Figure Asia-Pacific Plant-based Protein Beverages Revenue Market Share by Country (2018-2023)
Figure Asia-Pacific Plant-based Protein Beverages Market Share by Type in 2023
Figure Asia-Pacific Plant-based Protein Beverages Market Share by Application in 2023
Figure China Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure China Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Japan Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure Japan Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Korea Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure Korea Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure India Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure India Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Southeast Asia Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure Southeast Asia Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Australia Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure Australia Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Table South America Plant-based Protein Beverages Sales by Country (2018-2023)
Figure South America Plant-based Protein Beverages Sales Market Share by Country (2018-2023)
Table South America Plant-based Protein Beverages Revenue by Country (2018-2023)
Figure South America Plant-based Protein Beverages Revenue Market Share by Country (2018-2023)
Figure South America Plant-based Protein Beverages Market Share by Type in 2023
Figure South America Plant-based Protein Beverages Market Share by Application in 2023
Figure Brazil Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure Brazil Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Mexico Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure Mexico Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Argentina Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure Argentina Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Colombia Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure Colombia Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Table Middle East & Africa Plant-based Protein Beverages Sales by Country (2018-2023)
Figure Middle East & Africa Plant-based Protein Beverages Sales Market Share by Country (2018-2023)
Table Middle East & Africa Plant-based Protein Beverages Revenue by Country (2018-2023)
Figure Middle East & Africa Plant-based Protein Beverages Revenue Market Share by Country (2018-2023)
Figure Middle East & Africa Plant-based Protein Beverages Market Share by Type in 2023
Figure Middle East & Africa Plant-based Protein Beverages Market Share by Application in 2023
Figure Turkey Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure Turkey Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure UAE Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure UAE Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure Saudi Arabia Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure Saudi Arabia Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Figure South Africa Plant-based Protein Beverages Sales and Growth Rate (2018-2023)
Figure South Africa Plant-based Protein Beverages Revenue (Million $) and Growth Rate (2018-2023)
Table Company Snapshot of Danone
Table Plant-based Protein Beverages Introduction of Danone
Table Plant-based Protein Beverages Sales, Price, Revenue, Gross Margin and Market Share of Danone (2021-2023)
Table Industrial Chain of Plant-based Protein Beverages
Table Leading Consumers of Plant-based Protein Beverages
Figure Global Plant-based Protein Beverages Sales and Growth Rate Forecast (2024-2031)
Figure Global Plant-based Protein Beverages Revenue and Growth Rate Forecast (2024-2031)
Table Global Plant-based Protein Beverages Market Size and CAGR Forecast by Region (2024-2031)
Table Global Plant-based Protein Beverages Market Size and CAGR Forecast by Type (2024-2031)
Table Global Plant-based Protein Beverages Market Size and CAGR Forecast by Application (2024-2031)
Table Global Plant-based Protein Beverages Market Size and CAGR Forecast by Sales Channel (2024-2031)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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