Spain Plant-Based Beverages Market Size & Outlook, 2021-2030
- Food Beverages & Tobacco
- Consumer Food & Beverages
- Plant-based Beverages Market Outlook
- Consumer Food & Beverages
Spain Plant-Based Beverages Market, 2017-2030 (US$M)
Global Market
Related Markets
Ask a question about the plant-based beverages market
Spain plant-based beverages market highlights
- The Spain plant-based beverages market generated a revenue of USD 583.3 million in 2021 and is expected to reach USD 1,840.3 million by 2030.
- The Spain market is expected to grow at a CAGR of 13.6% 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 583.3 million |
| Market revenue in 2030 | USD 1,840.3 million |
| Growth rate | 13.6% (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, Spain accounted for 2.4% 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.
The major trend of vegan diet and thereby plant-based beverages is especially followed by women and the young population in Spain. According to the data published by Lantern, 64% of the population that followed vegetarian, flexitarian, or vegan diets were women.
A similar study highlights that 0.5% of the population follows an exclusively vegan diet, 1.5% follows vegetarian that excludes meat or fish, and 7.9% are flexitarians. The growing concerns regarding animal welfare and surge in spending capacity has led to a rise in the vegan population, which is projected to drive the demand for plant-based beverages in Spain.
No credit card required*
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Plant-Based Beverages Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Danone SA | View profile | 88,843 | 17, Boulevard Haussmann, Paris, France, 75009 | www.danone.com |
| SunOpta Inc | View profile | 1,174 | 7078 Shady Oak Road, Eden Prairie, MN, United States, 55344 | www.sunopta.com |
| The Hain Celestial Group Inc | View profile | 2,837 | 4600 Sleepytime Drive, Co, Boulder, DE, United States, 80301 | www.hain.com |
| Vitasoy International Holdings Ltd | View profile | 6,534 | Number 1 Kin Wong Street, Tuen Mun, New Territories, Hong Kong, Hong Kong, | www.vitasoy.com |
| Noumi | View profile | 501-1000 | Taren Point, New South Wales, Australia, Oceania | noumi.com.au/ |
| Pacific Foods of Oregon | View profile | 501-1000 | Tualatin, Oregon, United States, North America | www.pacificfoods.com |
| Blue Diamond Growers | View profile | 1001-5000 | Sacramento, California, United States, North America | bluediamondgrowers.com/ |
| Harmless Harvest | View profile | 251-500 | San Francisco, California, United States, North America | www.harmlessharvest.com |
Spain 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 Outlook will help companies and investors design strategic landscapes.
Soy was the largest segment with a revenue share of 38.39% in 2021.
Horizon Databook has segmented the Spain plant-based beverages market based on soy, coconut, almond, oats covering the revenue growth of each sub-segment from 2017 to 2030.
The major trend of vegan diet and thereby plant-based beverages is especially followed by women and the young population in Spain. According to the data published by Lantern, 64% of the population that followed vegetarian, flexitarian, or vegan diets were women.
A similar study highlights that 0.5% of the population follows an exclusively vegan diet, 1.5% follows vegetarian that excludes meat or fish, and 7.9% are flexitarians. The growing concerns regarding animal welfare and surge in spending capacity has led to a rise in the vegan population, which is projected to drive the demand for plant-based beverages in Spain.
- Spain Plant-Based Beverages Market Type Outlook (Revenue, USD Million , 2017-2030)
- Soy
- Coconut
- Almond
- Oats
- Others
- Spain Plant-Based Beverages Market Product Outlook (Revenue, USD Million , 2017-2030)
- Plain
- Flavored
Reasons to subscribe to Plant-based Beverages Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Plant-based Beverages Market Outlook databook
- Our clientele includes a mix of Plant-based Beverages Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- 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 Spain Plant-based Beverages Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Spain Plant-based Beverages Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Spain Plant-Based Beverages Market, 2017-2030 (US$M)
Spain plant-based beverages market statistics, by type, 2017-2030 (US$M)
