
Global Plant Based Food & Beverages Market Research Report: Forecast (2021-2026)
By Product Type (Plant Based Meat Products, Plant Based Drinks [Dairy Drinks, Others]), By Source (Wheat, Rice, Soy, Almond, Coconut, Others), By Functionality (Cancer Prevention,......Cardiovascular Health, Lactose Intolerance, Bone Health), By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa), Country (US, Canada, Mexico, Brazil, Argentina, UK, Germany, France, Italy, Russia, Australia, China, Japan, South Korea, India, Saudi Arabia, UAE, South Africa, Turkey, Israel), By Company (The Whitewave Foods Company, Blue Diamond Growers, Pacific Foods Oregon, Hain Celestial, Califa Farms, Want Want China Holdings Limited, Sunopta, Kikkoman, The Coca Cola Company, Ripple Foods, Pureharvest, Wildwood Organic etc.) Read more
- Food & Beverages
- Jan 2021
- Pages 207
- Report Format: PDF, Excel, PPT
Global Plant Based Food & Beverages Market Analysis, 2021 research report depicts a deep dive market analysis of statistics of Global Plant Based Food & Beverages market which consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.
Report Coverage | Details |
---|---|
Study Period | Historical Data: 2016-19 |
Base Year: 2020 | |
Forecast Period: 2021-26 | |
CAGR (2021-2026) | 11% |
Regions Covered | North America: USA, Canada, Mexico |
Europe: Germany, UK, France, Italy, Russia | |
Asia-Pacific: China, India, Japan, South Korea, Australia and Others | |
South America: Brazil, and Argentina | |
Middle East & Africa: Saudi Arabia, UAE, South Africa, Turkey, Israel | |
Key Companies Profiled | The Whitewave Foods Company, Blue Diamond Growers, Pacific Foods Oregon, Hain Celestial, Califa Farms, Want Want China Holdings Limited, Sunopta, Kikkoman, The Coca Cola Company, Ripple Foods, Pureharvest, Wildwood Organic, etc |
Unit Denominations | USD Million/Billion |
Market Opportunities
According to MarkNtel Advisors’ research report “Global Plant Based Food & Beverages Market Analysis, 2021”, the Global Plant Based Food & Beverages market is anticipated to grow at a CAGR of around 11% during 2021-26F. The growth of the market is attributed to rising lactose intolerance populace worldwide, increasing millennial inclination for vegan food along with the adoption of low-calorie food options among people due to hectic lifestyle. Moreover, the mounting launch of various plant-based beverages along with rapid urbanization and escalating health concern propelling the demand for animal-based diets are the factors fueling the demand for plant-based food and beverages in the forthcoming years.
Market Segmentation
Lactose Intolerance Acquired the Majority Market Share
Based on Functionality, Lactose Intolerance acquired the majority market share in the Global Plant Based Food & Beverages market in 2020. This is due to a significant rise in lactose intolerance population especially among Asian, South American, and African persons. However, Lactose tolerance is also widespread in Northern European countries such as Sweden and Finland, with tolerance levels of 74% and 82%. Hence, this is projected to augment the demand for Plant Based Food & Beverages globally in the near future as revealed by the MarkNtel Advisors’ research report “Global Plant Based Food & Beverages Market Analysis, 2021”.

Competitive Landscape
According to MarkNtel Advisors’, the key players with a considerable market share in the Global Plant Based Food & Beverages market include The Whitewave Foods Company, Blue Diamond Growers, Pacific Foods Oregon, Hain Celestial, Califa Farms, Want Want China Holdings Limited, Sunopta, Kikkoman, The Coca Cola Company, Ripple Foods, Pureharvest, Wildwood Organic etc.
Key Questions Answered in the Market Research Report:
- What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Plant Based Food & Beverages Market?
- What is the region wise industry size, growth drivers and challenges key market trends?
- What are the key innovations, technology upgrades, opportunities, regulations in the Global Plant Based Food & Beverages Market?
- Who are the key competitors or market players and how they perform in Global Plant Based Food & Beverages Market based on competitive benchmarking matrix?
- What are the key results derived from the market surveys conducted during the course of Global Plant Based Food & Beverages Market study?
Market Outlook, Segmentation and Statistics:
- Impact of COVID-19 on Global Plant Based Food & Beverages market
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type
- Plant Based Meat Products
- Plant Based Drinks
- Dairy Drinks
- Others
- By Source
- Wheat
- Rice
- Soy
- Almond
- Coconut
- Others
- By Functionality
- Cancer Prevention
- Cardiovascular Health
- Lactose Intolerance
- Bone Health
- By Region
- North America Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- The US Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- Canada Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- Mexico Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- South America Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- Brazil Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- Argentina Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- Europe Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- The UK Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- Germany Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- France Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- Italy Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- Russia Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- Middle East & Africa Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- Saudi Arabia Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- South Africa Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- UAE Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- Israel Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- Turkey Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- Asia-Pacific Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- China Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- Japan Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- India Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- South Korea Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- Australia Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- North America Plant Based Food & Beverages Market Outlook, 2016-2026F (USD Million)
- By Company
- Revenue Shares
- Strategic Factorial Indexing
- Competitor Placement in MarkNtel Quadrant
- By Product Type
- Global Plant Based Food & Beverages Market Regulations
- FDA Regulations
- European Regulations
- Others
- Global Plant Based Food & Beverages Intellectual Property Rights Analysis
- Global Plant Based Food & Beverages Market Hotspots & Opportunities
- Competition Outlook
- Competitor Wise Growth Strategies
- Company Profiles
Frequently Asked Questions
- Introduction
- Product Definition
- Research Process
- Assumptions
- Market Segmentation
- Executive Summary
- Impact of COVID-19 on Global Plant Based Food & Beverages Market
- Global Plant Based Food & Beverages Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Product Type
- Plant Based Meat Products
- Plant Based Drinks
- Dairy Drinks
- Others
- By Source
- Wheat
- Rice
- Soy
- Almond
- Coconut
- Others
- By Functionality
- Cancer Prevention
- Cardiovascular Health
- Lactose Intolerance
- Bone Health
- By Region
- North America
- South America
- Asia-Pacific
- Middle East & Africa
- Europe
- By Competitor
- Competition Characteristics
- Competitor Alignment in Competition Metrix
- By Product Type
- Market Size & Analysis
- North America Plant Based Food & Beverages Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Product Type
- By Source
- By Country
- The United States
- Canada
- Mexico
- Market Size & Analysis
- South America Plant Based Food & Beverages Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Product Type
- By Source
- By Country
- Brazil
- Argentina
- Market Size & Analysis
- Europe Plant Based Food & Beverages Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Product Type
- By Source
- By Country
- United Kingdom
- Germany
- France
- Russia
- Italy
- Market Size & Analysis
- Middle East & Africa Plant Based Food & Beverages Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Product Type
- By Source
- By Country
- Saudi Arabia
- UAE
- Turkey
- Israel
- South Africa
- Market Size & Analysis
- Asia-Pacific Plant Based Food & Beverages Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Product Type
- By Source
- By Country
- China
- India
- Japan
- South Korea
- Australia
- Market Size & Analysis
- Global Plant Based Food & Beverages Market Analysis Dynamics
- Growth Drivers
- Challenges
- Impact Analysis
- Global Plant Based Food & Beverages Market Analysis Trends & Insights
- Global Plant Based Food & Beverages Market Intellectual Property Rights Analysis
- Global Plant Based Food & Beverages Market Analysis Hotspots & Opportunities
- Global Plant Based Food & Beverages Market Analysis Regulations
- FDA Regulations
- European Regulations
- Others
- Competitive Benchmarking
- Competition Matrix
- Product Portfolio
- Target Markets
- Target Source
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Company Profiles (Business Description, Product Offering, Target Markets, Assets, Strategic Alliances or Partnerships, etc.)
- The Whitewave Foods Company
- Blue Diamond Growers
- Pacific Foods Oregon
- Hain Celestial
- Califa Farms
- Want Want China Holdings Limited
- Sunopta
- Kikkoman
- The Coca Cola Company
- Ripple Foods
- Pureharvest
- Wildwood Organic
- Competition Matrix
- Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making