Skip to main content

US plant-based drinks up 30% in 4 years

| Supplier news

US plant-based drinks consumption grew by almost 30% between 2014 and 2018, from 2.8 to 3.6 litres per person, according to a new report from leading beverage industry experts Zenith Global. Sales reached a value of $2.3 billion in 2018.

“The main drivers behind plant-based drinks’ popularity reflect consumer concerns and perceptions about lactose intolerance, digestive benefits, health attributes, animal welfare and environmental impact,” commented Zenith Global Consultant Jose Saiz.

Zenith Global’s report segments the market between mature, broadening and emerging products, assessing how each has evolved and developed. “Plant-based drinks closely match increasing consumer interest in healthier eating and sustainability, with several segments breaking into mainstream market appeal,” Jose Saiz added.

Zenith Global predicts continued steady growth over the next 5 years, with further opportunities to innovate in plant types and to diversify in product ranges.

“What begins in the United States often leads to parallels in other countries and we fully expect these opportunities to expand in many other countries of the world,” Jose Saiz concluded.

The US Plant-based Drinks Opportunities Report 2019 contains market analysis from 2013 to 2018 with forecasts to 2023 and brand profiles tracking the latest innovations. Full details are available online at zenithglobal.com. A free white paper is also available. For more information, contact Zenith Global on +44 (0)1225 327900 or e-mail This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Pin It

Related Articles

By:  Marelise van der Merwe – News24 Lucky Star has distanced itself from a consignment of counterfeit canned pilchards seized during a raid last week, owner Oceana said in a statement on Tuesday (19/11/2024).
By Marelise van der Merwe – Fin24 Retailer Woolworths has launched its own probe into a counterfeit operation involving canned pilchards, it said in a statement.
By: Gerry Cupido – IOL Lifestyle Remember the viral Dubai chocolate that everyone was raving about earlier this year? The one that people were spending up to R1,000 on?
Eskort, South Africa’s beloved pork brand, is turning 107 this year! As the leading antibiotic-free pork producer in the country, we’re marking this incredible milestone with a series of celebratory stunts that truly embody our legacy of quality, ...
From £160m boost for UK poultry industry as exports to South Africa restart - GOV.UK (www.gov.uk)