Global Plant-Based Beverages Market Research Report Forecast to 2027
Market Overview The global plant-based beverages market will grow at a CAGR of 8.5% during the forecast period 2018 to 2023. The market for plant-based beverages is set to reach US$388.42 billion by 2023. As per market analysts, the global market is anticipated to witness growth owing to the factors such as the growing adoption of non-dairy beverages as well as the surging animal activism. However, the market will face challenges and restraints due to fluctuations in prices of raw material and the increasing demand for probiotic drinks during the forecast period 2018 to 2023 The increasing requirement for various healthy and non-dairy drinks in the market will support the growth. As per market analysts, the market based companies will face certain challenges during the forecast period 2018 to 2023. The plant-based beverages market research report provides in-depth analysis of the distribution channel, source, and type segments. The market research report presents factors such as the