Anuja Patil06 Aug, 2025Other
The Global Plant-Based Beverages Market is projected to reach approximately USD 81.3 billion by 2034, up from USD 26.9 billion in 2024. This growth reflects a compound annual growth rate (CAGR) of 11.7% over the forecast period from 2025 to 2034. The global shift toward plant-based beverages is gaining strong momentum as more consumers prioritize health, sustainability, and dietary preferences. Rising cases of lactose intolerance affecting nearly 65% of the global population, according to the NIH have pushed demand for non-dairy alternatives.At the same time, the growth of vegan and flexitarian lifestyles has expanded the consumer base. Governments across regions, especially in Europe and Asia-Pacific, are actively supporting the sector through subsidies for sustainable farming and funding for plant-based R&D. This supportive ecosystem is accelerating innovation in alternative proteins and making plant-based beverages more accessible and appealing to a global audience.
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