Pune, April 21, 2022 (GLOBE NEWSWIRE) -- The global plant-based beverages market is driven by factors such as the shifting preference of masses toward dairy-free products and inclination toward the vegan diet trend. High number of people suffering from lactose intolerance and growing awareness regarding health concerns are other critical factors that are expected to drive its demand in the coming years. However, availability of alternatives such as organic milk produced by cows grazing on pastures and affordability-related constraints in developing countries are some of the major factors that might hamper market growth to certain extent.
Plant-based Beverages Market is estimated to be over USD 87.18 Billion by 2030. It is anticipated to grow at a CAGR of 14.67% from 2022 to 2030.
Plant-based Beverages Market by Regions
The global plant-based beverages market can be segmented into North America, Europe, Asia Pacific, and the Rest of the World (ROW). North America is expected to witness tremendous growth in the almond milk segment. The Asia Pacific region is also expected to reap revenue from almond milk owing to the increasing disposable income of people in the region. Moreover, consumers in these regions are shifting toward natural & healthy food options, which is expected to further boost the sale of plant-based beverages.
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COMPANY PROFILES (Business Overview, Products Offered, Financial Performance*, Recent Developments)
- China International Marine Containers
- Singamas Container
- United Technologies
- Great Dane
- Utility Trailer
- Daikin Industries
- Lamberet
- Kögel Trailer
- Wilhelm Schwarzmuëller
- Fahrzeugwerk Bernard Krone
Vendor Assessment
Vendor assessment includes a deep analysis of how vendors are addressing the demand in the Plant-based Beverages Market. The MDC Competetive Scape model was used to assess qualitative and quantitative insights in this assessment. MDC's Competitive Scape is a structured method for identifying key players and outlining their strengths, relevant characteristics, and outreach strategy. MDC's Competitive Scape allows organizations to analyze the environmental factors that influence their business, set goals, and identify new marketing strategies. MDC Research analysts conduct a thorough investigation of vendors' solutions, services, programs, marketing, organization size, geographic focus, type of organization and strategies.
Technology Assessment
Technology dramatically impacts business productivity, growth and efficiency. Technologies can help companies develop competitive advantages, but choosing them can be one of the most demanding decisions for businesses. Technology assessment helps organizations to understand their current situation with respect to technology and offer a roadmap where they might want to go and scale their business. A well-defined process to assess and select technology solutions can help organizations reduce risk, achieve objectives, identify the problem, and solve it in the right way. Technology assessment can help businesses identify which technologies to invest in, meet industry standards, compete against competitors.
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Business Ecosystem Analysis
Advancements in technology and digitalization have changed the way companies do business; the concept of a business ecosystem helps businesses understand how to thrive in this changing environment. Business ecosystems provide organizations with opportunities to integrate technology in their daily business operations and improve research and business competency. The business ecosystem includes a network of interlinked companies that compete and cooperate to increase sales, improve profitability, and succeed in their markets. An ecosystem analysis is a business network analysis that includes the relationships amongst suppliers, distributors, and end-users in delivering a product or service.
Regions and Countries Covered
North America (US, Canada), Europe (Germany, UK, France, Spain, Italy, and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, Rest of Asia-Pacific), and Rest of the World (RoW)
Report Coverage
Plant-based Beverages Market Dynamics, Covid-19 Impact on the Plant-based Beverages Market, Vendor Profiles, Vendor Assessment, Strategies, Technology Assessment, Product Mapping, Industry Outlook, Economic Analysis, Segmental Analysis, Plant-based Beverages Market Sizing, Analysis Tables
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Vendor Profiles Covered
All Major Tier-1, Tier-2, and Tier-3 companies are covered in this Plant-based Beverages Market report (25 Vendor Profiles)
Key Questions Answered in This Report:
- What is the potential of the Plant-based Beverages Market?
- What is the impact of COVID-19 on the global Plant-based Beverages Market?
- What are the top strategies that companies adopting in Plant-based Beverages Market?
- What are the challenges faced by SME’s and prominent vendors in Plant-based Beverages Market?
- Which region has the highest investments in Plant-based Beverages Market?
- What are the latest research and activities in Plant-based Beverages Market?
- Who are the prominent players in Plant-based Beverages Market?
- What is the potential of the Plant-based Beverages Market?
Additional vendors profiles can be added based on client business requirements
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Market Data Centre offers complete solutions for market research reports in miscellaneous businesses. These decisions making process depend on wider and systematic extremely important information created through extensive study as well as the most recent trends going on in the industry .The company also attempts to offer much better customer-friendly services and appropriate business information to achieve our clients’ ideas.
