Canada Plant-Based Beverages Market to 2032
Overview
The Canada Plant-Based Beverages Market is expected to reach a 1,369.43 USD Billion by 2032 and is projected to grow at a CAGR of 15.63% from 2025 to 2032.
Revenue, 2024 (USD Billion)
554.95
Forecast, 2032 (USD Billion)
1,369.43
CAGR, 2024 - 2032
15.63%
Report Coverage
Canada
Canada Plant-Based Beverages Market 2018-2032 USD Billion
Canada Plant-Based Beverages Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 554.95 USD Billion
- Projected Market Size (2032): 1,369.43 USD Billion
- CAGR (2025-2032): 15.63%
Key Findings of Canada Plant-Based Beverages Market
- The Canada Plant-Based Beverages Market was valued at 554.95 USD Billion in 2024.
- The Canada Plant-Based Beverages Market is likely to grow at a CAGR of 15.63% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Milk in Type Segment accounted for the largest share of the market with a revenue of 483.21 USD Billion
- The fastest growing segment Lactose Free Alternative in Function Segment grew Fastest with a CAGR of 16.56% during the forecast period from 2024 to 2032.
Canada Plant-Based Beverages Market Scope
Canada Plant-Based Beverages Market Segmentation & Scope
Source
- Rice
- Others
- Coconut
- Soy
- Almond
Type
- Others
- Milk
Function
- Others
- Cancer Prevention
- Bone Health
- Cardiovascular Health
- Lactose Free Alternative
Canada Plant-Based Beverages Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 554.95 USD Billion |
| Market Value in 2032 | 1,369.43 USD Billion |
| CAGR (2025-2032) | 15.63% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Source,Type,Function |
Regional Insights:
-
Leading Market (2024-2032): Canada, leading in terms of revenue 554.95 USD Billion in 2024
- Key Country: Canada, leading in terms of revenue with value of 554.95 USD Billion in 2024.
Segments and Scope
-
Canada Plant-Based Beverages Market to 2032, By Source
- Almond is the largest segment in Canada Plant-Based Beverages Market to 2032 with a revenue of 229.32 USD Billion in the year 2024.
- Almond is the Fastest growing segment in Canada Plant-Based Beverages Market to 2032 with a Growth rate of 16.41 % in forecast period 2025-2032.
-
Canada Plant-Based Beverages Market to 2032, By Type
- Milk is the largest segment in Canada Plant-Based Beverages Market to 2032 with a revenue of 483.21 USD Billion in the year 2024.
- Milk is the Fastest growing segment in Canada Plant-Based Beverages Market to 2032 with a Growth rate of 15.99 % in forecast period 2025-2032.
-
Canada Plant-Based Beverages Market to 2032, By Function
- Lactose Free Alternative is the largest segment in Canada Plant-Based Beverages Market to 2032 with a revenue of 262.57 USD Billion in the year 2024.
- Lactose Free Alternative is the Fastest growing segment in Canada Plant-Based Beverages Market to 2032 with a Growth rate of 16.56 % in forecast period 2025-2032.
Canada Plant-Based Beverages Market Company Share Analysis
| Company Name |
|
||
| Danone | |||
| CSC BRANDS LP | |||
| Shanghai Want Want Food Group Co., Ltd. | |||
| Kikkoman Corporation | |||
| The Hain Celestial Group | |||
Canada Plant-Based Beverages Market Geographical Sales Distribution, 2018-2032 USD Billion
Canada Plant-Based Beverages Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Canada Plant-Based Beverages Market is segmented based on Segmentation Source,Type,Function.
Canada Plant-Based Beverages Market was valued at USD 554.95(Revenue in USD Billion) in 2022.
Canada Plant-Based Beverages Market is projected to grow at a CAGR of 15.63% during the forecast period of 2024 to 2032.
The Milk segment is expected to dominate the Canada Plant-Based Beverages Market, holding a largest market share of 483.21 USD Billion in 2024
Canada Plant-Based Beverages Market Scope
Canada Plant-Based Beverages Market Segmentation & Scope
Source
- Rice
- Others
- Coconut
- Soy
- Almond
Type
- Others
- Milk
Function
- Others
- Cancer Prevention
- Bone Health
- Cardiovascular Health
- Lactose Free Alternative
Frequently Asked Questions
The Canada Plant-Based Beverages Market is segmented based on Segmentation Source,Type,Function.
Canada Plant-Based Beverages Market was valued at USD 554.95(Revenue in USD Billion) in 2022.
Canada Plant-Based Beverages Market is projected to grow at a CAGR of 15.63% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Plant-Based Beverages Market for final year is USD 1,369.43 (USD Billion).
Canada Plant-Based Beverages Market Company Profiling
Frequently Asked Questions
The Canada Plant-Based Beverages Market is segmented based on Segmentation Source,Type,Function.
Canada Plant-Based Beverages Market was valued at USD 554.95(Revenue in USD Billion) in 2022.
Canada Plant-Based Beverages Market is projected to grow at a CAGR of 15.63% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Plant-Based Beverages Market for final year is USD 1,369.43 (USD Billion).
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