Global Plant-Based Beverages Market to 2032

Overview

The Global Plant-Based Beverages Market is expected to reach a 42,227.57 USD Billion by 2032 and is projected to grow at a CAGR of 5.09% from 2025 to 2032.

Revenue, 2024 (USD Billion)
24,854.49
Forecast, 2032 (USD Billion)
42,227.57
CAGR, 2024 - 2032
5.09%
Report Coverage
Global

Global Plant-Based Beverages Market 2018-2032 USD Billion

Global Plant-Based Beverages Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 24,854.49 USD Billion
  • Projected Market Size (2032): 42,227.57 USD Billion
  • CAGR (2025-2032): 5.09%

Key Findings of Global Plant-Based Beverages Market

  • The Global Plant-Based Beverages Market was valued at 42,227.57 USD Billion in 2024.
  • The Global Plant-Based Beverages Market is likely to grow at a CAGR of 5.09% 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 21,307.45 USD Billion
  • The fastest growing segment Almond in Source Segment grew Fastest with a CAGR of 5.35% during the forecast period from 2024 to 2032.

Global Plant-Based Beverages Market Scope

Global Plant-Based Beverages Market Segmentation & Scope
Function
  • Others
  • Cancer Prevention
  • Bone Health
  • Cardiovascular Health
  • Lactose Free Alternative
Source
  • Rice
  • Others
  • Coconut
  • Soy
  • Almond
Type
  • Others
  • Milk

Global Plant-Based Beverages Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Billion
Market Value in 2024 24,854.49 USD Billion
Market Value in 2032 42,227.57 USD Billion
CAGR (2025-2032) 5.09%
Historic Data 2016-2023
Market Segments Covered Function,Source,Type

Regional Insights:

  • Leading Market (2024-2032): Global, leading in terms of revenue 24,854.49 USD Billion in 2024
    • Key Country: China, leading in terms of revenue with value of 12,061.10 USD Billion in 2024.

Segments and Scope

  • Global Plant-Based Beverages Market to 2032, By Function
    • Lactose Free Alternative is the largest segment in Global Plant-Based Beverages Market to 2032 with a revenue of 11,716.81 USD Billion in the year 2024.
    • Lactose Free Alternative is the Fastest growing segment in Global Plant-Based Beverages Market to 2032 with a Growth rate of 5.34 % in forecast period 2025-2032.
  • Global Plant-Based Beverages Market to 2032, By Source
    • Almond is the largest segment in Global Plant-Based Beverages Market to 2032 with a revenue of 10,831.53 USD Billion in the year 2024.
    • Almond is the Fastest growing segment in Global Plant-Based Beverages Market to 2032 with a Growth rate of 5.35 % in forecast period 2025-2032.
  • Global Plant-Based Beverages Market to 2032, By Type
    • Milk is the largest segment in Global Plant-Based Beverages Market to 2032 with a revenue of 21,307.45 USD Billion in the year 2024.
    • Milk is the Fastest growing segment in Global Plant-Based Beverages Market to 2032 with a Growth rate of 5.20 % in forecast period 2025-2032.

Global Plant-Based Beverages Market Company Share Analysis

 
Company Name Company Share Analysis
Danone
CSC BRANDS LP
Shanghai Want Want Food Group Co., Ltd.
Kikkoman Corporation
The Hain Celestial Group
Global Plant-Based Beverages Market Company Share Analysis

Global Plant-Based Beverages Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Plant-Based Beverages Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Plant-Based Beverages Market Company Profiling

Global Plant-Based Beverages Market Company Profiling
Frequently Asked Questions
The Global Plant-Based Beverages Market is segmented based on Segmentation Function,Source,Type.
Global Plant-Based Beverages Market was valued at USD 24,854.49(Revenue in USD Billion) in 2022.
Global Plant-Based Beverages Market is projected to grow at a CAGR of 5.09% during the forecast period of 2024 to 2032.
The Milk segment is expected to dominate the Global Plant-Based Beverages Market, holding a largest market share of 21,307.45 USD Billion in 2024

Global Plant-Based Beverages Market Scope

Global Plant-Based Beverages Market Segmentation & Scope
Function
  • Others
  • Cancer Prevention
  • Bone Health
  • Cardiovascular Health
  • Lactose Free Alternative
Source
  • Rice
  • Others
  • Coconut
  • Soy
  • Almond
Type
  • Others
  • Milk
Frequently Asked Questions
The Global Plant-Based Beverages Market is segmented based on Segmentation Function,Source,Type.
Global Plant-Based Beverages Market was valued at USD 24,854.49(Revenue in USD Billion) in 2022.
Global Plant-Based Beverages Market is projected to grow at a CAGR of 5.09% during the forecast period of 2024 to 2032.
The estimated market value of the Global Plant-Based Beverages Market for final year is USD 42,227.57 (USD Billion).

Global Plant-Based Beverages Market Company Profiling

Global Plant-Based Beverages Market Company Profiling
Frequently Asked Questions
The Global Plant-Based Beverages Market is segmented based on Segmentation Function,Source,Type.
Global Plant-Based Beverages Market was valued at USD 24,854.49(Revenue in USD Billion) in 2022.
Global Plant-Based Beverages Market is projected to grow at a CAGR of 5.09% during the forecast period of 2024 to 2032.
The estimated market value of the Global Plant-Based Beverages Market for final year is USD 42,227.57 (USD Billion).

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