Plant-based drinks

Plant-based drinks are dairy alternatives

made from plants such as potato, oat, coconut, almond, hemp, soy, and rice. The global plant-based drinks market is expected to grow at a significant growth rate, attributed to food and beverages industry across the globe over the following years. The Europe plant-based beverages market is expected to register a relatively high revenue share over the forecast period followed by North America plant-based beverages market, attributed to increasing demand for plant-based beverages in the retail as well as food service segment. Asia-Pacific is expected to account for relatively high-volume share with a significant growth rate in the global plant-based beverages market.

Plant-based drinks market drivers

The major factor driving the industrial segment in global plant-based beverages market include increasing health consciousness among consumers and high demand for low-fat food and beverages across the globe. Growing food & beverages industry and medicinal benefits of plant-based beverages are also some of the important factors driving the global plant-based beverages market.

MARKET SEGMENTATION

The global plant-based drinks market is segmented on the basis of product type, distribution channel, source, and region. On the basis of product type, a single segment is expected to dominate the global plant-based beverages market over the forecast period. The retail segment is expected to expand at a significant growth rate over the forecast period on the basis of a distribution channel. Among the source segments, a natural segment is expected to dominate the global plant-based beverages market. This segment is followed by the organic one and is expected to expand at a significant growth rate in the near future.

CFT Group’s range of innovative solutions in the Liquid Food sector includes premium evaporators with different working capacities, a wide range of sterilizers and pasteurizers specific for different kinds of products such as juices, vegetable drinks and soya and rice-based drinks.
Thanks to the recent launch of our Milk and Dairy division, we have further increased our presence in the Liquid Food sector and thanks to the relationships with some strategic partners we do offer a 360° processing and packaging complete range!
Discover our full range of offer for the plant-based drinks sectors!