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Europe Plant Based Beverages Market

ID: MRFR/FnB/46109-HCR
128 Pages
Snehal Singh
October 2025

Europe Plant Based Beverages Market Research Report: By Source (fruits, nuts, vegetables, soy, seeds & leaves), By Type (rtd tea & coffee, plant-based milk, juices), By Distribution Channel (store-based, non-store based) and By Regional (Germany, UK, France, Russia, Italy, Spain, Rest of Europe)- Forecast to 2035

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Europe Plant Based Beverages Market Summary

As per MRFR analysis, the Europe plant-based beverages market size was estimated at 56.92 USD Billion in 2024. The Europe plant based-beverages market is projected to grow from 62.24 USD Billion in 2025 to 151.82 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 9.33% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Europe plant-based beverages market is experiencing robust growth driven by health consciousness and sustainability.

  • Germany remains the largest market for plant-based beverages, reflecting a strong consumer shift towards healthier options.
  • The UK is currently the fastest-growing region, indicating a rising demand for innovative plant-based products.
  • Health consciousness and sustainability are key trends, with consumers increasingly seeking diverse flavor profiles in their beverages.
  • Rising veganism and innovative product development are major drivers propelling the market forward.

Market Size & Forecast

2024 Market Size 56.92 (USD Billion)
2035 Market Size 151.82 (USD Billion)

Major Players

Oatly (SE), Alpro (BE), Silk (US), So Delicious (US), Califia Farms (US), Ripple Foods (US), Vitasoy (HK), Mooala (US), Minor Figures (GB)

Europe Plant Based Beverages Market Trends

The plant based-beverages market is experiencing notable growth, driven by increasing consumer awareness regarding health and sustainability. As individuals become more conscious of their dietary choices, there is a rising demand for alternatives to traditional dairy and animal-based products. This shift is reflected in the diverse range of offerings available, including nut milks, soy beverages, and oat-based drinks. The market appears to be evolving rapidly, with innovations in flavor profiles and nutritional enhancements catering to a broad audience. Furthermore, the influence of social media and lifestyle trends is propelling the popularity of these beverages, as consumers seek products that align with their values and preferences. In addition to health considerations, environmental factors play a crucial role in shaping the plant based-beverages market. Many consumers are motivated by the desire to reduce their carbon footprint and support sustainable agricultural practices. This has led to an increase in the availability of organic and ethically sourced ingredients. Retailers are responding to this demand by expanding their product lines and emphasizing transparency in sourcing. As the market continues to mature, it is likely that the focus on sustainability will intensify, further influencing consumer choices and industry practices.

Health Consciousness

There is a growing trend towards health consciousness among consumers, leading to increased interest in plant based-beverages. These products are often perceived as healthier alternatives to traditional dairy, appealing to those seeking to improve their diets. The emphasis on natural ingredients and nutritional benefits is driving innovation in this sector.

Sustainability Focus

Sustainability is becoming a central theme in the plant based-beverages market. Consumers are increasingly concerned about the environmental impact of their choices, prompting a shift towards products that are produced using sustainable practices. This trend is influencing both product development and marketing strategies.

Diverse Flavor Profiles

The demand for diverse flavor profiles is shaping the plant based-beverages market. Consumers are seeking unique and exciting tastes, leading to the introduction of innovative flavors and blends. This trend reflects a broader desire for variety and experimentation in beverage choices.

Europe Plant Based Beverages Market Drivers

Innovative Product Development

Innovation in product development is a significant driver for the plant based-beverages market. Companies are increasingly investing in research and development to create unique formulations that appeal to diverse consumer tastes. For instance, the introduction of fortified plant-based beverages, enriched with vitamins and minerals, has gained traction among health-conscious consumers. Market data reveals that the segment of fortified plant-based drinks has seen a growth rate of 15% annually in Europe. This innovation not only enhances the nutritional profile of beverages but also attracts a broader audience, including those who may not strictly adhere to plant-based diets. As a result, the industry is likely to witness a continuous influx of new products, further stimulating market growth.

Consumer Awareness and Education

Consumer awareness and education regarding the benefits of plant-based beverages are driving growth in the market. As information about the health and environmental advantages of plant-based diets becomes more accessible, consumers are increasingly seeking out these products. Educational campaigns and social media influence appear to play a significant role in shaping consumer perceptions. Data suggests that approximately 60% of European consumers are now aware of the nutritional benefits associated with plant-based beverages, which has led to a rise in demand. This heightened awareness is likely to encourage more brands to enter the market, further diversifying the offerings available to consumers and enhancing the overall growth of the plant based-beverages market.

Rising Veganism and Plant-Based Diets

The increasing adoption of veganism and plant-based diets in Europe appears to be a pivotal driver for the plant based-beverages market. As consumers become more aware of the health benefits associated with plant-based nutrition, the demand for beverages made from nuts, grains, and fruits is likely to surge. Recent data indicates that the number of vegans in Europe has grown by approximately 30% over the past five years, suggesting a shift in dietary preferences. This trend is further supported by a growing body of research linking plant-based diets to lower risks of chronic diseases. Consequently, the plant based-beverages market is experiencing a notable expansion, as brands innovate to cater to this evolving consumer base.

Environmental Regulations and Policies

The implementation of stringent environmental regulations and policies in Europe is influencing the plant based-beverages market. Governments are increasingly promoting sustainable practices, which encourages manufacturers to adopt eco-friendly production methods. For example, the European Union has set ambitious targets for reducing carbon emissions, which may lead to a shift towards plant-based ingredients in beverage production. This regulatory environment appears to create opportunities for growth, as consumers are more inclined to support brands that align with their values regarding sustainability. Consequently, the plant based-beverages market is likely to benefit from this trend, as companies that prioritize environmental responsibility may gain a competitive edge.

Increased Availability and Accessibility

The growing availability and accessibility of plant-based beverages in retail channels is a crucial driver for the market. Supermarkets, health food stores, and online platforms are increasingly stocking a diverse range of plant-based options, making it easier for consumers to make informed choices. Recent statistics indicate that the number of retail outlets offering plant-based beverages has increased by 25% in the last two years across Europe. This enhanced distribution network not only caters to the rising demand but also educates consumers about the benefits of plant-based options. As a result, the plant based-beverages market is likely to experience sustained growth, as more consumers are exposed to these products.

Market Segment Insights

By Source: Fruits (Largest) vs. Nuts (Fastest-Growing)

The market share distribution among the primary sources in the plant based-beverages segment reveals that fruits dominate the landscape. They appeal to consumers looking for natural flavors and nutritional benefits, capturing a significant portion of sales. Nuts, while currently smaller in market share, are quickly gaining traction among health-conscious consumers, enhancing the variety of drink options available in the market. Growth trends in this segment are driven by increasing consumer preference for plant-based diets and the rising demand for nutritious, sustainable beverages. Nuts are emerging as a key player due to their health benefits and unique flavors, attracting attention from innovative brands that are catering to these evolving consumer tastes. The combination of health trends and sustainability is propelling growth across all source categories, reshaping the industry's future.

Fruits: Dominant vs. Nuts: Emerging

Fruits are the dominant source in the plant based-beverages market, known for their appealing taste, versatility, and rich vitamin content. This category includes popular options like apple, berry, and citrus, which not only enhance flavor profiles but also serve as key health benefits for consumers. In contrast, nuts represent an emerging source, characterized by their creamy textures and higher protein content. Brands are increasingly introducing nut-based beverages like almond and cashew drinks, tapping into the health-conscious consumer trend. Nut-based products, while still gaining market share, are being recognized for their sustainability and unique flavor offerings, positioning them as a crucial area for growth and innovation within the segment.

By Type: Plant-Based Milk (Largest) vs. RTD Tea & Coffee (Fastest-Growing)

In the Europe plant based-beverages market, the Plant-Based Milk segment commands a significant share, overshadowing RTD Tea & Coffee and Juices. The consumer preference for dairy alternatives has led to an increased market presence of plant-based milk, making it the largest category. RTD Tea & Coffee, while currently smaller, has shown a growing trend as more health-conscious individuals opt for these beverages for their low-calorie profile and convenience. Growth trends indicate a robust rise in demand for RTD Tea & Coffee, driven by the need for on-the-go options that fit modern lifestyles. Additionally, the health benefits associated with plant-based diets are propelling the overall market growth. Innovations in flavors and formulations are further enhancing appeal, tapping into the expanding consumer base that prioritizes sustainable and health-oriented choices.

Plant-Based Milk (Dominant) vs. RTD Tea & Coffee (Emerging)

Plant-Based Milk stands as the dominant force in the market, attributed to its wide acceptance among consumers seeking lactose-free alternatives. With various options such as almond, soy, and oat milks, this segment meets diverse taste preferences. In contrast, RTD Tea & Coffee is considered an emerging segment, attracting younger demographics and those interested in refreshing, ready-to-drink options. This category is characterized by a surge in innovative flavors and the introduction of functional ingredients aimed at enhancing health benefits, creating a unique niche that complements the traditional beverage market.

By Distribution Channel: Store-Based (Largest) vs. Non-Store Based (Fastest-Growing)

In the distribution channel segment of the plant based-beverages market, Store-Based channels hold the largest market share, owing to consumer preferences for physical retail experiences and the wider availability of diverse products. Non-Store Based channels, while smaller in comparison, are rapidly gaining traction as online shopping continues to grow, making it easier for consumers to access a broad range of plant based beverages. This shift is attributed to increasing consumer awareness and the convenience offered by e-commerce. The growth trends in this segment are primarily driven by changing consumer behaviors, with Non-Store Based channels benefiting from the preference for online shopping and the expansion of delivery services. Conversely, Store-Based channels are innovating by enhancing in-store experiences, highlighting organic and health-conscious products. As technology advances and consumers prioritize convenience, the Non-Store Based segment is positioned to experience significant growth in the coming years, driven by e-commerce platforms and online marketing strategies.

Store-Based (Dominant) vs. Non-Store Based (Emerging)

The Store-Based distribution channel is characterized by its broad reach and established presence in the market, catering to consumers through supermarkets, health food stores, and specialized retail outlets. This channel focuses on providing immediate access to products, allowing consumers to physically examine the items before purchase. In contrast, the Non-Store Based channel is emerging as a significant player, leveraging e-commerce to meet the growing demand for convenience among consumers. This segment utilizes online platforms and direct-to-consumer delivery models to fulfill orders, capitalizing on trends such as subscription services and social media marketing. As both segments evolve, they exhibit unique strengths, with Store-Based channels emphasizing a tactile shopping experience and Non-Store Based channels reflecting the future of retail through digital innovation.

Get more detailed insights about Europe Plant Based Beverages Market

Regional Insights

Germany : Germany's Dominance in Plant-Based Drinks

Germany holds a significant 15.0% market share in the European plant-based beverages sector, valued at approximately €1.5 billion. Key growth drivers include a rising health consciousness among consumers, increased demand for lactose-free options, and a strong trend towards sustainability. Government initiatives promoting plant-based diets and stringent regulations on dairy alternatives further bolster this market. The country’s robust infrastructure supports efficient distribution and production, enhancing market accessibility.

UK : UK's Shift Towards Healthier Choices

The UK boasts a 10.5% market share in the plant-based beverage sector, reflecting a growing consumer preference for healthier alternatives. Factors driving this growth include increased awareness of dietary impacts on health and the environment, alongside innovative product offerings. Regulatory support for plant-based products and initiatives aimed at reducing carbon footprints are also significant. The UK’s advanced retail infrastructure facilitates widespread availability of these beverages.

France : France's Taste for Innovation

France captures a 9.0% share of the plant-based beverage market, driven by a cultural shift towards health and wellness. The demand for organic and locally sourced products is on the rise, supported by government policies promoting sustainable agriculture. Urban areas like Paris and Lyon are key markets, where consumers are increasingly opting for plant-based options. The competitive landscape features strong local brands alongside international players, fostering a dynamic market environment.

Russia : Russia's Evolving Beverage Preferences

With a 7.0% market share, Russia is witnessing a gradual shift towards plant-based beverages, driven by changing consumer preferences and increased health awareness. Urban centers such as Moscow and St. Petersburg are leading this trend, supported by government initiatives aimed at promoting healthier lifestyles. The market is characterized by a mix of local and international brands, with significant competition from established dairy alternatives, creating a vibrant business environment.

Italy : Italy's Embrace of Health Trends

Italy holds a 6.5% share in the plant-based beverage market, reflecting a growing acceptance of alternative diets. Key growth drivers include the increasing popularity of veganism and a strong emphasis on health and wellness. Government policies supporting organic farming and sustainability initiatives further enhance market growth. Major cities like Milan and Rome are pivotal markets, where local brands compete with international players, creating a diverse competitive landscape.

Spain : Spain's Plant-Based Beverage Surge

Spain's plant-based beverage market accounts for 5.0% of the European share, driven by a youthful population increasingly interested in health and sustainability. The demand for dairy alternatives is growing, supported by government initiatives promoting plant-based diets. Key markets include Barcelona and Madrid, where local brands are gaining traction alongside international competitors. The market is characterized by innovation and a focus on quality, enhancing consumer appeal.

Rest of Europe : Varied Trends Across Europe

The Rest of Europe holds a 4.92% market share in plant-based beverages, showcasing diverse consumer preferences and trends. Growth is driven by increasing health awareness and a shift towards sustainable consumption. Regulatory frameworks across different countries support the development of plant-based products, enhancing market potential. Key markets include Scandinavia and Eastern Europe, where local brands are emerging alongside established players, creating a competitive landscape.

Europe Plant Based Beverages Market Regional Image

Key Players and Competitive Insights

The plant based-beverages market exhibits a dynamic competitive landscape, characterized by rapid innovation and evolving consumer preferences. Key players such as Oatly (SE), Alpro (BE), and Ripple Foods (US) are at the forefront, each adopting distinct strategies to enhance their market presence. Oatly (SE) focuses on sustainability and transparency, leveraging its oat-based products to appeal to environmentally conscious consumers. Alpro (BE), on the other hand, emphasizes a diverse product range, catering to various dietary needs, while Ripple Foods (US) positions itself as a leader in protein-rich plant-based beverages, targeting health-conscious demographics. Collectively, these strategies contribute to a competitive environment that is increasingly defined by product differentiation and consumer engagement.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce supply chain complexities and enhance responsiveness to market demands. The competitive structure of the market appears moderately fragmented, with several players vying for market share. This fragmentation allows for niche opportunities, yet the influence of major brands remains substantial, shaping consumer expectations and driving innovation across the sector.

In October 2025, Oatly (SE) announced a partnership with a leading European retailer to expand its distribution network, aiming to increase accessibility to its products. This strategic move is likely to enhance Oatly's market penetration and solidify its position as a household name in plant-based beverages. The partnership underscores the importance of strategic alliances in reaching a broader consumer base and responding to growing demand.

In September 2025, Alpro (BE) launched a new line of fortified plant-based drinks, specifically targeting the health and wellness segment. This initiative reflects Alpro's commitment to innovation and its understanding of shifting consumer preferences towards functional beverages. By enhancing its product offerings, Alpro is poised to capture a larger share of the health-conscious market, thereby reinforcing its competitive edge.

In August 2025, Ripple Foods (US) introduced a new marketing campaign focused on the nutritional benefits of its pea protein beverages. This campaign aims to educate consumers about the advantages of plant-based proteins, potentially increasing brand loyalty and consumer trust. Ripple's emphasis on health and nutrition aligns with current trends, suggesting a strategic focus on educating the market as a means of differentiation.

As of November 2025, the competitive trends in the plant based-beverages market are increasingly shaped by digitalization, sustainability, and the integration of AI technologies. Companies are leveraging data analytics to better understand consumer behavior and preferences, which is crucial for tailoring product offerings. Strategic alliances are becoming more prevalent, enabling companies to pool resources and expertise, thereby enhancing innovation capabilities. Looking ahead, competitive differentiation is likely to evolve from traditional price-based strategies to a focus on innovation, technology integration, and supply chain reliability, as companies strive to meet the demands of a more discerning consumer base.

Key Companies in the Europe Plant Based Beverages Market market include

Industry Developments

In recent months, the Europe Plant-Based Beverages Market has seen significant growth, with major players like Oatly and Alpro expanding their product lines to meet increasing demand for dairy alternatives. In September 2023, Coca-Cola announced its intent to increase production capabilities for plant-based beverages as consumer preferences shift towards healthier options. In terms of mergers, in January 2023, Danone completed the acquisition of a local plant-based yogurt brand in the Netherlands, strengthening its position in the market.

Additionally, a trend toward sustainability is reshaping the competitive landscape as companies like Nestle and PepsiCo invest in eco-friendly packaging solutions. The European market has experienced a broad acceptance of almond and oat-based drinks, driven by the rising popularity of vegan diets and lactose intolerance awareness. Over the last two years, sales of plant-based beverages have surged, with reports indicating a growth rate of approximately 14% year-over-year. This increasing market valuation underscores the shift in consumer preferences, placing greater emphasis on health-conscious choices and environmental sustainability, thereby intensifying competition among key players such as Provamel, Vitasoy, and Silk.

Future Outlook

Europe Plant Based Beverages Market Future Outlook

The plant based-beverages market is projected to grow at a 9.33% CAGR from 2024 to 2035, driven by rising health consciousness, sustainability trends, and innovative product offerings.

New opportunities lie in:

  • Expansion of plant based beverage lines in retail chains
  • Development of subscription-based delivery services for consumers
  • Investment in sustainable packaging solutions to enhance brand loyalty

By 2035, the market is expected to achieve substantial growth, reflecting evolving consumer preferences.

Market Segmentation

Europe Plant Based Beverages Market Type Outlook

  • RTD Tea & Coffee
  • Plant-Based Milk
  • Juices

Europe Plant Based Beverages Market Source Outlook

  • Fruits
  • Nuts
  • Vegetables
  • Soy
  • Seeds & Leaves

Europe Plant Based Beverages Market Distribution Channel Outlook

  • Store-Based
  • Non-Store Based

Report Scope

MARKET SIZE 202456.92(USD Billion)
MARKET SIZE 202562.24(USD Billion)
MARKET SIZE 2035151.82(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)9.33% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies Profiled["Oatly (SE)", "Alpro (BE)", "Silk (US)", "So Delicious (US)", "Califia Farms (US)", "Ripple Foods (US)", "Vitasoy (HK)", "Mooala (US)", "Minor Figures (GB)"]
Segments CoveredSource, Type, Distribution Channel
Key Market OpportunitiesGrowing consumer demand for sustainable and health-conscious options drives innovation in the plant based-beverages market.
Key Market DynamicsRising consumer demand for sustainable options drives innovation in the plant based-beverages market.
Countries CoveredGermany, UK, France, Russia, Italy, Spain, Rest of Europe

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FAQs

What is the projected market size of the Europe Plant-Based Beverages Market in 2024?

The Europe Plant-Based Beverages Market is expected to be valued at 77.24 billion USD in 2024.

What is the anticipated market size for the Europe Plant-Based Beverages Market in 2035?

By 2035, the Europe Plant-Based Beverages Market is projected to reach a value of 175.51 billion USD.

What is the expected compound annual growth rate (CAGR) for the Europe Plant-Based Beverages Market from 2025 to 2035?

The market is expected to grow at a CAGR of 7.747% from 2025 to 2035.

Which region is expected to have the largest market share in the Europe Plant-Based Beverages Market in 2024?

Germany is expected to hold the largest market share, valued at 21.361 billion USD in 2024.

What is the market size for plant-based beverages derived from soy in 2024?

The market size for soy-based beverages is projected to be 12.0 billion USD in 2024.

What are the key players in the Europe Plant-Based Beverages Market?

Major players include Provamel, Danone, Vitasoy, WimmBillDann, Nestle, and PepsiCo among others.

What is the expected market size for nut-based beverages in 2035?

Nut-based beverages are projected to reach a market size of 30.0 billion USD by 2035.

How much is the fruits segment of the Europe Plant-Based Beverages Market expected to be valued at in 2024?

The fruits segment is expected to be valued at 20.0 billion USD in 2024.

Which country in Europe is anticipated to see substantial growth in plant-based beverages over the forecast period?

The UK is anticipated to grow significantly, reaching a market size of 40.113 billion USD by 2035.

What is the market size for beverages derived from seeds and leaves in 2035?

By 2035, beverages from seeds and leaves are expected to be valued at 45.51 billion USD.

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