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 yoghurt 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 2022or take a look at our extensive Drinks 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

Table of Contents


    • 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

About the report

This market report provides in-depth analysis and insight supported by a range of data. Explore a year of innovation in depth to know exactly what’s working.

The Consumer

What They Want. Why They Want It.

The Competitors

Who’s Winning. How To Stay Ahead.

The Market

Size, Segments, Shares And Forecasts: How It All Adds Up.

The Innovations

New Ideas. New Products. New Potential.

The Opportunities

Where The White Space Is. How To Make It Yours.

The Trends

What’s Shaping Demand – Today And Tomorrow.

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

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Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted. Our reports are available to download in PDF and PPT formats.

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