Markntel Advisors’ report, Vegan Food Market Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Vegan Food Market  presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Vegan Food Market  Market Research Report & Market Summary:

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. This is attributed to the rising rate of obesity, heart disease, high blood pressure, and diabetes among the global population & the prevalence of lifestyle-related diseases. Along with this, the increasing concerns for animal health & cruelty across the food industry & rising awareness about numerous health benefits are influencing individuals to opt for vegan food.

✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure-  https://www.marknteladvisors.com/query/request-sample/vegan-food-market.html

Vegan Food Market  Market Dynamics:

Key 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.

Vegan Food Market  Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Product Type

• Dairy Products
• Meat Substitutes

The Meat Substitutes segment holds the potential share of the Vegan Food Market, as they intend to resemble similar texture, taste, and appearance offering a satisfying experience to the consumer.  

By Distribution Channel

• Online
• Offline
  • Convenience Stores
  • Specialty Stores
  • Supermarkets/Hypermarkets

The Offline segment is predicted to capture the highest revenue share of the Vegan Food Market. Under the offline segment hypermarkets & supermarkets lead the market share due to the high availability of vegan products with clean labels.

By Region

• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific.

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. It owes primarily to the shifting living standards of people and their growing sensitivity & inclination toward a vegan diet as an initiative to reduce animal cruelty.

As indicated in the latest market research report published by Markntel Advisors, “Vegan Food Market  Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Vegan Food Market  industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/vegan-food-market.html

Top Companies Operating in the Vegan Food Market  Market:

• 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
• Others.

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*

Other Report:

• Turkey Luxury Residential Real Estate Market size was valued at around USD19Billion in 2024 & is projected to reach USD 87 Billion by 2030 with 6.11% CAGR.
• GCC Luxury Residential Real Estate Market size was valued at around USD29Billion in 2024 & is projected to reach USD 215 Billion by 2030 with a CAGR of 2.98%.

Key Report Highlights:

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What leading factors would propel and impede the industry across the geography?
4. How has the industry been evolving in terms of geography & Vegan Food Market  Market adoption?
5. How has the competition been shaping up across the geography?

6. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

About Us –

We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Contact Us –

Email: sales@marknteladvisors.com

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

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