Vegan Food Market: Projected to Reach USD 22.2 BILLION IN 2023, growing at a CAGR of 10.5%

Comments · 61 Views

The Global Vegan Food Market size was valued at around USD 22.2 Billion in 2023 and is estimated to grow at a CAGR of around 10.5% during the forecast period, i.e., 2024-30.

The Global Vegan Food Market size was valued at around USD 22.2 Billion in 2023 and is estimated to grow at a CAGR of around 10.5% during the forecast period, i.e., 2024-30.                          

Key Findings of the Study: Vegan Food Market

Global Vegan Food Market Driver: Growing Health Awareness Among Individuals

In the present times, it is being observed that several individuals globally are suffering from diseases like obesity, heart disease, blood pressure issues, etc., owing to their bad lifestyle eating habits. To overcome the widely increasing health issues diseases, numerous people are inclining towards healthy habits or foods. As vegan foods are high in fiber, contain less fat carbs, and help improve the metabolism, individuals are including them in their diet, therefore increasing the vegan foods demand. Also, many of the high-fine dining restaurants, cafes, and food manufacturers are introducing food items dishes cooked or baked with plant-based ingredients, and are offering several vegan dishes to attract consumers seeking for healthy plant-based diet. Hence, owing to the growing popularity of vegan food among consumers, the Vegan Food Market is destined to drive.

Access Free Sample Report - https://www.marknteladvisors.com/query/request-sample/vegan-food-market.html   

Scope of the Report and Vegan Food Market Segmentation

By Product Type

-Dairy Products

-Meat Substitutes

  • The Meat Substitutes segment holds the potential share of the Vegan Food Market

By Distribution Channel

-Online

-Offline

--Convenience Stores

--Specialty Stores

--Supermarkets/Hypermarkets

Top leading companies in the Vegan Food Market includes:

Amy’s Kitchen, Archer Daniels Midland Company, Beyond Meat, Conagra, Inc., Danone S.A., Daiya Foods, Inc., Eden Foods, Inc., Impossible Foods Inc., Kellogg Company, Tofutti Brands, The Hain Celestial Group, Inc., VBites Foods Ltd., and Others

Vegan Food Market Development

  • May 2024: Beyond which is one of the leading vegan food companies. Declared that it had launched a new Beyond Burger, which is cooked with avocado oil has a patty made with peas, brown rice, red lentils, and faba beans is widely available in every retail store worldwide. Meat,
  • March 2024: Conagra, Inc., introduced a wide variety of new meals, vegetable sides, and snacks at the Natural Products Expo West 2024, This was inspired by the growing culinary trend popular restaurant dishes. The company’s latest offerings blend quality ingredients, great flavor, and convenience.

For more detailed information about the Vegan Food market report, click here – https://www.marknteladvisors.com/research-library/vegan-food-market.html                            

Geographical analysis:

North America: The US, Canada, Rest of North America

Europe: Germany, The UK, France, Italy, Spain, Rest of Europe

Asia-Pacific: India, China, Japan, Rest of Asia-Pacific

Latin America: Mexico, Brazil, Argentina, Rest of Latin America

Middle East Africa: GCC, South Africa, Rest of Middle East Africa

  • North America accounted for a prominent share of the Vegan Food Market over the past few years is presumed to flourish in the forecast years.

Note: If you require specific information not covered in the current report, we can provide it through customized option

Related Reports: -

https://industrytoday.co.uk/Construction/construction-robots-market-witness-highest-growth-at-a-cagr-of-168-by-2028          

https://industrytoday.co.uk/it/electrical-digital-twin-market-worth-usd-112-billion-in-2023-expected-145-cagr-growth-by-2030          

https://industrytoday.co.uk/packaging/egg-tray-market-to-witness-rapid-expansion-at-61-cagr-by-2030-pactiv-evergreen-inc-dw-fine-pack-brodrene-hartmann-as   

Why choose Us?

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative quantitative research company, strive to deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

For Media Inquiries, Please Contact:

Call: +1 628 895 8081 | +91 120 4278433

Emailsales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India