2023
10
A Year of Innovation in the Plant-based Drinks, Yogurt and Ice Cream Market 2023
2023-05-17T13:00:44+01:00
REP440E40F1_A09C_44D7_845C_F4E195702E64
2195
163323
[{"name":"Drinks","url":"https:\/\/store.mintel.com\/industries\/drinks"},{"name":"Vegan and Plant-based","url":"https:\/\/store.mintel.com\/industries\/food\/vegan-plant-based"}]
Report
en_GB
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…
  1. /
  2. All Industries
  3. /
  4. Drinks
  5. /
  6. A Year of Innovation in the Plant-based Drinks, Yogurt and Ice Cream Market 2023

A Year of Innovation in the Plant-based Drinks, Yogurt and Ice Cream Market 2023

A Year of Innovation - What's Included
  • Multiple Report Formats
  • Custom Presentation Tool

Explore the latest global innovations across the Plant-based Drinks, Yogurts and Ice Cream industry in 2023. Our global plant-based drinks market report identifies the biggest launch activities, pivotal consumer attitudes and important advances of the year across regions like EMEA, APAC, and the Americas.

Innovation in Plant-Based Ice Cream Market – EMEA

Launches in the plant-based drinks market continue to outpace those of dairy milk, as producers tackle consumer concerns about their taste. Meanwhile, oat ingredients are gaining a bigger share of launch activity across the plant-based ice cream market.

  • 23% of UK adults associate coconut milk with tasting good.

Innovation in Plant-Based Drinks – APAC

Positive nutrition claims such as added or products high protein are appearing among plant-based drink market launches. Plant-based yogurt brands are communicating added-value attributes more clearly on pack to attract a wider audience across the APAC region.

  • 48% of Chinese category users cite ‘high protein content’ as the most important feature when purchasing plant-based drinks.

Innovation in Plant-Based Drinks Market – Americas

Competition in the plant-based drinks market is intensifying with brands exploring different types of base ingredients. Meanwhile, Latin American producers are fortifying their products in the plant-based drinks market with vitamins and minerals to target health-conscious consumers.

To discover more about A Year of Innovation in Plant-Based Drinks, Yogurts and Ice Cream Market Report 2023, read The Future of Plant-Based Food and Drink Market Report 2023, or take a look at our extensive Plant-Based Market Research.

Expert Analysis from a Food Specialist

This report, written by Amrin Walji, a leading analyst in the food sector, delivers in-depth commentary and analysis to highlight global trends and innovation in plant-based drinks and add expert context to the numbers.

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

Amrin Walji
Senior Innovation Analyst

Collapse All
  1. EUROPE, MIDDLE EAST & AFRICA (EMEA)

    • Europe: innovation in plant-based drinks strives to elevate the taste appeal
    • Graph 1: plant-based drink launches, by top five flavour components, 2019-23
    • Europe: oat ingredients grow their share of plant-based ice cream
    • Graph 2: plant-based ice cream launches, by share of select ingredient, 2019-23
    • The Middle East & Africa (MEA)
  2. Asia Pacific (APAC)

    • Asia: plant-based drinks with added/high protein content record a rise in launch activity
    • Graph 3: plant-based drink launches, by share of high/added protein claims, 2019-23
    • Asia: plant-based yogurt brands innovate around added-value attributes
    • Australia & New Zealand
  3. the americas

    • North America: oat and pea protein-based recipes are flourishing in plant-based drinks
    • Graph 4: select ingredients (and their children) as a percentage of launch activity in plant-based drinks, 2019-23
    • North America: innovation strives to meet consumers’ emotional need states
    • Graph 5: plant-based ice cream launches, by share of flavour components, 2021-23
    • Latin America: plant-based drinks flag vitamin/mineral fortification
    • Graph 6: plant-based drink launches, by share of vitamin-/mineral-fortified and added calcium claims, 2019-23

Why Choose Mintel?

Mintel is the world’s leading market intelligence agency. We show you how consumers think today and tomorrow. As a trusted partner to industry leaders, we deliver game-changing insights to businesses across the globe, fuelling their marketing and innovation strategies that will shape the future.

Access high-quality market research with every purchase of Mintel’s Year of Innovation reports. Here’s what else is included in your report purchase:

  • Multiple Report Formats: Mintel’s reports are available in PDF and PPT formats, and are delivered straight to your inbox, so you can easily share Mintel’s market intelligence.
  • Interactive Custom Presentation Tool: Easily incorporate selected research data and analysis into a tailor-made presentation to win over clients and stakeholders.

Below is a sample report, understand what you are buying.

Please Note: All of the figures, graphs, and tables have been redacted.
£ 2,195 (Excl.Tax)
  • Instant access when you pay by credit card
  • Save up to 20% when you purchase multiple reports
Buy now

Is this report right for you?

From consumer reports to customised growth strategies. We have an option to suit your business requirements.

Find out more

Popular Related Reports

Global Outlook on Sustainability: A Consumer Study 2024-25

£ 5,000£ 21,600

Mintel’s 2024-25 Global Outlook on Sustainability: A Consumer Study is designed to help you understand what brands and companies should prioritise in order to educate consumers and ensure...

Find out more

A Year of Innovation the Dairy and Plant-based Yogurt Market 2024

£ 2,195

Dairy yogurt innovation is offering protein-boosted and gut health-supporting recipes, as plant-based   producers strive to elevate their clean-label appeal. Neha Srivastava, Senior Patent Analyst - Food & Drink...

Find out more

A Year of Innovation in the Meat Substitutes and Eggs Market 2024

£ 2,195

Meat substitute brands are addressing consumer concerns around protein, sustainability and affordability. Mikolaj Kaczorowski, Innovation Analyst ...

Find out more

The Future of Carbonated Soft Drinks 2024

£ 2,195

Carbonated soft drinks will focus on more usage occasions and capitalise on the need for hydration. Brands will use influencers to stay relevant in a social world. Tan Heng...

Find out more

A Year of Innovation in the Carbonated Soft Drinks Market 2024

£ 2,195

Innovation is focused on more adventurous flavours while reducing nasties and adding better-for-you benefits. Mikolaj Kaczorowski, Innovation Analyst ...

Find out more

A Year of Innovation in the Functional Food and Drink Market 2024

£ 2,195

Innovation in functional food and drink continues to pivot around gut health and energy boosts, as private label gains share in Europe. Zoe Wong, Junior Analyst - Food &...

Find out more

Trusted by global industry leaders

We’ve found it so useful working more closely with Mintel. They helped support our recent flagship event for our top suppliers by providing a really unique viewpoint on the future of online retailing.

Nick Carroll from their Retail Team was also an excellent panelist, sharing useful and actionable consumer insights. We definitely look forward to working with Mintel again on future projects.

Zac Steele, E-Commerce Trading Development Manager, Waitrose & Partners

There is no question that Mintel is the go-to resource for the best quality market research, but I did not think it was an affordable option for Abacus Marketing to consider. As a small marketing agency, we only work with a few new clients each year.

However, we have a very high-end consultative approach to our work, so we really do need a partner like Mintel to provide the big agency experience we are always aiming to deliver. Our clients come from an incredibly diverse range of industry sectors, so we obviously need access to market research reports from a very wide spectrum of marketplaces – and that is precisely what we got.

Stephen Taylor-Brown, Managing Director, Abacus

One of the biggest challenges we face is the need to get smart on a business or category real quick.

We are talking to clients who live and breathe their category every day and the expectation is that we will be able to get caught up very quickly, and bring the thinking that can help them.

We need to do that often in a matter of days, so it’s not a small ask. Mintel gives us a very articulate view of category conditions and does so at the speed we need it.

Jeff White, Business Development Director, Deutsch

Mintel is really good for getting a handle on a particular category quickly. If we are working on a new business pitch in an area we don’t have much experience in, it’s a brilliant way to get up to speed with what’s going on, what’s changing and what the key trends are in any category.

It’s very rare now that anyone will plough through a 200-page report – that’s why the summaries are really useful. We know they are backed up by a lot of detail, so if you need to go into something in more depth you know the information will be all there for you.

Pauline Robson, Managing Partner, Mediacom

At Jackman, we believe that powerful strategies are based on human insight. Mintel’s leading-edge reports and insights into consumer attitudes and behaviors are an important input as we develop and execute strategy.

Alana Gavin, VP Research and Insights, Jackman

Is this report right for you?

From consumer reports to customised growth strategies. We have an option to suit your business requirements.

Find out more