According to a new report by BIS Research, the plant-based food and beverage alternatives market is expected to reach $80.43 billion by 2024, rising at a CAGR of 13.82% during the forecast period from 2019 to 2024.
Beverages
Plant-Based Beverages Market: Multifarious Benefits Associated with Plant-Based Diets Boost Consumption
Worldwide demand for plant-based beverages is estimated to grow by leaps and bounds, on account of consumers’ holistic approach to health and wellness. The demand for plant-based beverages is likely to expand at a CAGR of over 6% through 2028, as per the latest research study published by Persistence Market Research (PMR).