Florida ,United States-
Global Plant-Based Milk Market business report is an established source of information that presents with a telescopic view of the current market trends, situations, opportunities and status. The market analysis report focuses on global leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out in this business document. The geometric data brought together to generate an excellent Plant-Based Milk Market analysis report is mostly denoted with the graphs, tables and charts which make this report more user-friendly.
The global Plant-Based Milk Market is expected to grow significantly in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 12.4% in the forecast period of 2023 to 2030
Download PDF Sample Report (Including Graphs, Charts, and List of Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-plant-based-milk-market
Plant-based milk is a beverage made from plants that resemble milk in appearance. Plant milk is a non-dairy beverage flavored and scented with water-based plant extracts. Plant-based milk is consumed as a vegan alternative to dairy milk. Plant-based milk has a creamy texture if compared with dairy milk. For the production of plant milk, various plants are used. Among the most popular plant milk globally are almond, oat, soy, coconut, and cashew nut milk. Since ancient times, people have drank beverages made from plants.
Some of the prominent participants operating in the global plant-based milk market are Silk, Sanitarium, Alpro, RUDE HEALTH, Plenish, Provamel organic-bio, THE HAIN CELESTIAL GROUP, INC., SUNOPTA GRAINS AND FOODS INC., Califia Farms, LLC, NotCo, Valsoia S.p.A, YEO HIAP SENG LTD., Simple FOODS, natur-a, Nutrisslim, Australia’s Own, Oatly Inc., Elmhurst Milked Direct LLC, Hershey India Private Limited, Life Health Foods, Manitoba Milling Company, and HP Hood LLC. among others.
Driver
- Increase in vegan population around the globe
The vegan market has exponentially increased over the past ten years, making more people turn to plant-based diets each year. The increased health awareness has increased the demand for natural and organic food. This has driven a major part of the population to change their lifestyle and diet drastically. The vegan community concentrates on eating foods that have ingredients or other components that come from plants. The risk of several diseases, such as heart disease, type 2 diabetes, hypertension, certain types of cancer, and obesity, is decreased by properly planned vegan diets, according to the Academy of Nutrition and Dietetics. As a result, some of these vegetarian or vegan customers have begun to pay attention to plant-based milk in their daily diet
Opportunity
- Growing new product launches and new partnerships, acquisition among key players
Consumers, food, and beverage manufacturers are making various developments and strategic decisions to grow their businesses to cope with the growing demand for plant-based foods such as plant-based milk. From new product launches to investments to acquisitions, the market’s top players are evolving their business practices and expanding their product portfolios.
Recent Developments
- In January 2023, Reitan, a major retailer in the Nordic and Baltic region, and Oatly Inc. recently announced the expansion of their relationship. Reitan owns and operates about 300 Pressbyrn and 90 7-Eleven convenience stores throughout Sweden. This partnership will help the company boost its business and attract a new consumer base
- In 2021, Silk announced its new product launch, Silk Oat. This launch has given the company a larger portfolio, attracting a larger consumer base
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report@ https://www.databridgemarketresearch.com/reports/global-plant-based-milk-market
The global plant-based milk market is segmented into eleven notable segments based on type, product type, category, formulation, flavor, fortification, nature, claim, packaging size, packaging type, and distribution channel.
BY TYPE
- Oat Milk
- Soy Milk
- Almond Milk
- Coconut Milk
- Rice Milk
- Cashew Nut Milk
- Walnut Milk
- Hazelnut Milk
- Flax Milk
- Others
BY PRODUCT TYPE
- Refrigerated Milk
- Shelf Stable Milk
BY CATEGORY
- Conventional
- Organic
BY FORMULATION
- Unsweetened
- Sweetened
BY FLAVOR
- Original/Unflavored
- Vanilla
- Chocolate
- Coffee
- Coconut Blend
- Caramel
- Honey
- Hazelnut Blend
- Maple
- Others
BY FORTIFICATION
- Regular
- Fortified
BY NATURE
- Non-GMO
- GMO
BY CLAIM
- Regular
- Gluten Free
- Artificial Preservatives & Color Free
- Soy Free
- Nut Free
- Others
BY PACKAGING SIZE
- 1000 ML
- 250 ML
- 500 ML
- 110 ML
- More Than 1000 ML
- Less Than 100 ML
BY PACKAGING TYPE
- Tetra Packs
- Bottles
- Can
BY DISTRIBUTION CHANNEL
- Non-Store Retailers
- Store Based Retailers
About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Media Contact
Sopan Gedam
Organization: Data Bridge Market Research
Phone: +1-888-387-2818
Email: sales@databridgemarketresearch.com
Web: www.databridgemarketresearch.com