Plant-based Beverages Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Plant-based Beverages Market Size Analysis and Top Companies

The global plant-based beverages market size is estimated at to hit around USD 80.56 billion by 2033 from USD 33.83 billion in 2024 with a CAGR of 10.12% from 2024 to 2033. The top companies operating in the plant-based beverages market are Bayer AG, Abbott, DSM, DuPont, Amway, The Nature's Bounty Co., GlaxoSmithKline plc., Nestlé SA, RiceBran Technologies, Mead Johnson & Company, LLC., Medifast, Inc., Premier Nutrition Corporation, TOOTSI IMPEX Inc., U.S. Spice Mills, Inc., Health Food Manufacturers' Association, NOW Foods, Glanbia PLC, Herbalife International of America, Inc., Bionova and Others.

Market Scope

Plant-based Beverages Market Companies

• Bayer AG
• Abbott
• DSM
• DuPont.
• Amway
• The Nature's Bounty Co.
• GlaxoSmithKline plc.
• Nestlé SA
• RiceBran Technologies
• Mead Johnson & Company, LLC.
• Medifast, Inc.
• Premier Nutrition Corporation
• TOOTSI IMPEX Inc.
• U.S. Spice Mills, Inc.
• Health Food Manufacturers' Association
• NOW Foods
• Glanbia PLC
• Herbalife International of America, Inc.
• Bionova

Recent Development

• Starbucks had announced specialty drinks that will make use of plant-based milk to expand its lineup of vegan products. Drinks and beverages that are vegan are added to this brand like the Shaken Espresso drink and Ice Toasted Vanilla Oat Milk.
• A soy-based version of Milo was launched by Nestle which is one of the most favorite beverages consumed across the world. 
• In 2021 vegan lassi was launched by Plant Veda which is a company based in Vancouver. This lassi will be made from real fruits and cashew nuts. This beverage will contain probiotics and it will be free from cane sugar.
• Plant-based milk was launched by Heartbeat in 2021 which is a Mexican company. Plain flavor and quinoa flavor will be offered in this sugar-free milk.

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