Global Plant-based Beverages Market (2021 to 2028) – Featuring Danone, Blue Diamond Growers and Koia Among Others – ResearchAndMarkets.com

CANNANNEW REPORT

DUBLIN–(BUSINESS WIRE)–The “Plant-based Beverages Market Size, Share & Trends Analysis Report By Type (Soy-based, Oats-based), By Product (Plain, Flavored), By Region (Europe, Asia Pacific), And Segment Forecasts, 2021 – 2028” report has been added to ResearchAndMarkets.com’s offering. The global plant-based beverages market size is anticipated to reach USD 66.53 billion by 2028, registering a CAGR of 14.3% over the forecast period, according to this report. Companies Mentioned Danone S.A Pacific Foods of Oregon, LLC Blue Diamond Growers Inc SunOpta The Hain Celestial Group, Inc. Freedom Foods Group Limited Califia Farms Harmless Harvest Koia Vitasoy International Holdings Limited Major manufacturers are introducing new plant-based beverages and other products to cater to the increasing consumer demand. For instance, in January 2020, The Hershey Company launched a new digital film in the Indian market for ‘Sofit’ to encourage consumers to live their passions and an active lifestyle. Moreover, the dairy industry is known to have an adverse impact on the environment, which is compelling more and more consumers to switch to non-dairy alternatives like vegan foods and beverages. According to the World Wildlife Fund, millions of farmers worldwide tend approximately 270 million dairy cows to produce milk. Dairy cows and their manure produce Greenhouse Gas (GHG) emissions, which contribute to climate change. Poor handling of manure and fertilizers can degrade local water resources and unsustainable dairy farming & feed production can lead to the loss of ecologically important areas, such as prairies, wetlands, and forests. On the other hand, the ever-growing population poses a serious threat to agriculture. Thus, in the future, the total area of agricultural land currently used globally will not be enough to provide a sufficient food supply for everyone in the world. This drawback is expected to restrict the market growth. Plant-based Beverages Market Report Highlights The almond-based segment…

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Source : Global Plant-based Beverages Market (2021 to 2028) – Featuring Danone, Blue Diamond Growers and Koia Among Others – ResearchAndMarkets.com

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