Italy Plant-based Beverages Market Size & Outlook
Italy plant-based beverages market, 2017-2030 (US$M)
Related Markets
Italy plant-based beverages market highlights
- The Italy plant-based beverages market generated a revenue of USD 230.4 million in 2021 and is expected to reach USD 736.6 million by 2030.
- The Italy market is expected to grow at a CAGR of 13.8% from 2022 to 2030.
- In terms of segment, soy was the largest revenue generating type in 2021.
- Oats is the most lucrative type segment registering the fastest growth during the forecast period.
Plant-based beverages market data book summary
| Market revenue in 2021 | USD 230.4 million |
| Market revenue in 2030 | USD 736.6 million |
| Growth rate | 13.8% (CAGR from 2021 to 2030) |
| Largest segment | Soy |
| Fastest growing segment | Oats |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Soy, Coconut, Almond, Oats |
| Key market players worldwide | Danone SA, SunOpta Inc, The Hain Celestial Group Inc, Vitasoy International Holdings Ltd, Noumi, Pacific Foods of Oregon, Blue Diamond Growers, Harmless Harvest |
Other key industry trends
- In terms of revenue, Italy accounted for 0.9% of the global plant-based beverages market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Spain plant-based beverages market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,607.1 million by 2030.
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Plant-based Beverages Market Scope
Plant-based Beverages Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy plant-based beverages market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to plant-based beverages market will help companies and investors design strategic landscapes.
Soy was the largest segment with a revenue share of 38.24% in 2021. Horizon Databook has segmented the Italy plant-based beverages market based on soy, coconut, almond, oats covering the revenue growth of each sub-segment from 2017 to 2030.
In 2019, the response to this latest food trend in Italy has been immediate in many cities. Recently, a majority of restaurants and food companies have seized this opportunity and amended food and beverage menus to meet the needs of this niche market.
According to Euromonitor data, Italy witnessed the fastest-growing vegetarian population, accounting for a 94% increase from 2011 to 2016. Italy is one of the prominent countries that offer major vegan dishes as part of their culture.
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Target buyers of Italy plant-based beverages market databook
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Our clientele includes a mix of plant-based beverages market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy plant-based beverages market , including forecasts for subscribers. This country databook contains high-level insights into Italy plant-based beverages market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Italy plant-based beverages market size, by type, 2017-2030 (US$M)
Italy Plant-based Beverages Market Outlook Share, 2021 & 2030 (US$M)
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