Plant Based Drinks

Plant-based Drinks Market Research

Mintel’s Plant-based drinks market research combines the latest market intelligence, industry insights and expert recommendations to help you anticipate what’s next in the Plant-based drinks industry.

Our reports can help you:

Understand your market
Identify growth opportunities
Recognise future trends

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    Milk and non-dairy milks are staples in most US households. With rising costs, value comes through simplicity and highlighting new use possibilities. Julia Mills, Food & Drink Analyst ..."
    “The income squeeze and eye-watering price rises have prompted consumers to scrutinise even their use of the household staple that is milk, volumes falling sharply. Once household incomes regain momentum, the market faces rising competition from out-of-home occasions. However, this will also facilitate trading up in the market and allow..."
    “Canadians have never had so much choice when it comes to milk. The continued emergence of non-dairy options and innovation in the dairy space affords shoppers different levels of quality, types of benefits and flavours. This also means the milk space has never been more competitive. Understanding what Canadians want..."
    Plant-based drink makers continue to address flavour issues, as oats grow their share of plant-based ice cream and dairy-free yogurts flag up value credentials. Amrin Walji, Senior Innovation Analyst ..."
    “Nutritional profile can help retain consumers’ spending on plant-protein drinks under cautious spending. However, as homogenous nutrition fortification emerges, different bases have to establish unique nutritional advantage to remain competitive. Other than nutrition, flavour innovation and differentiating texture for pairing drinks can help the category better tap into consumers’ segmented..."
    Secure a profitable future by leading with functional benefits and strong eco credentials. Julia Buech, Global Food & Drink Analyst ..."
    The next evolution of the plant-based trend will heavily cater to the consumer motivations behind plant-based eating and rely on technology for differentiation. Dasha Shor, Global Food Analyst ..."
    “Although milk is an essential item in the Brazilians’ diet, consumption has been negatively impacted by frequent price surges. To reinforce its value, marketers need to highlight the category’s nutritional importance and invest in greater diversification in terms of healthiness, indulgence and cost. For milk alternatives, price and the perception..."
    “Inflation is putting the holistic value of dairy milk on a pedestal, while calling greater attention to non-dairy’s shortcomings in taste, nutrition and versatile usage. As economic conditions improve and discretionary income returns, the playing field will once again level off. Dairy and non-dairy milk brands can play a role..."
    “At a time when the rapidly rising cost of living is weighing on consumers’ minds, milk producers are also facing an uphill battle due to rising costs, these feeding through to sharp rises in retail prices. Looking to the future, sustainability presents the market with both a threat and an..."
    The next five years will be pivotal for this category. With the looming challenge from lab-grown dairy, the key focus will be affordable nutrition and versatility. Ophélie Buchet, Global Food & Drink Analyst ..."
    Innovation in plant-based drinks is focusing on improving consumer perceptions of taste and texture, as shelf-stable formats surge in Asia. Amrin Walji, Senior Innovation Analyst ..."