Vegan bacon is generally healthy and can be used in sweet as well as savory dishes because it is flexible for making the dishes and popular choice for chefs to add flavor and excitement to their dishes or menus. Most vegan bacon has healthy fats, a considerable amount of protein, and fiber. Without any of the animal cruelty, vegan bacon offers all the flavor of pork bacon. Thus, it is being incorporated into a variety of ready-to-eat processed food items by food manufacturers. The vegan bacon market has been growing in recent years due to more people looking for plant-based alternatives to meat and dairy products.
Market Dynamics
(The consumption of meat products are assumed to prevent the risk of type-2 diabetes and cardiovascular diseases. For improving the quality of products and increasing the customer base the manufactures are using various innovative ingredients as well as procedures in their products.) For instance, in 2021, Hooray Foods, a vegan bacon manufacturing company announced that it had secured an additional US$2.7 million in order to grow its operations. , Additionally, in June 2020, a major vegan bacon maker Beyond Meat, Inc. announced the opening of Zandbergen co-manufacturing facility in Zoeterwoude, Netherlands to expand its production capacity in the Europe region.
Key features of the study:
- This report provides an in-depth analysis of the global vegan bacon market, its market size (US$ Mn), and compound annual growth rate (CAGR %) for the forecast period, considering 2021 as the base year
- It elucidates potential revenue opportunity across different segments and explains an attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new material type launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the vegan bacon market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Cool Foods Inc., Beyond Meat, Hooray Foods, Kellogg NA Co., Omni Foods, Tofurky, LikeMeat GmbH, Upton’s Naturals, Whole Perfect Food, Sweet Earth Foods, Sunfed Ltd., Lightlife, Organic Matters, and The Vegetarian Butcher
- Insights from this report would allow marketers and management authorities of companies to make an informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
- The global vegan bacon market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global vegan bacon market
Detailed Segmentation:
- Global Vegan Bacon Market, By Flavoring
- Smoked Paprika
- Onion
- Dark Beer
- Other Vegetables
- Global Vegan Bacon Market, By Storage
- Frozen
- Refrigerated
- Shelf-Stabled
- Global Vegan Bacon Market, By Product Type
- Tofu Bacon
- Mushroom Bacon
- Carrot Bacon
- Coconut Bacon
- Others (Eggplant Bacon)
- Global Vegan Bacon Market, By Distribution Channel
- Global Vegan Bacon Market, By Region:
- North America
- Europe
- By Country:
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country:
- China
- India
- Japan
- South Korea
- ASEAN
- Australia
- Rest of Asia Pacific
- Latin America
- By Country:
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Company Profiles
- Cool Foods Inc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Beyond Meat
- Hooray Foods
- Kellogg NA Co.
- OmniFoods
- Tofurky
- LikeMeat GmbH
- Upton's Naturals
- Whole Perfect Food
- Sweet Earth Foods
- Sunfed Ltd.
- Lightlife
- Organic Matters
- The Vegetarian Butcher
“*” marked represents similar segmentation in other categories in the respective section.
