Vegan food are becoming more popular because they’re easy to follow and taste delicious. They’re also good for health, as they’re full of nutrients that body needs to stay healthy. Plant-based sources of protein are a great option for those on a vegan diet, including soy products, nuts, legumes (beans, chickpeas, lentils), and tofu. They’re also rich in iron, a mineral that helps keep blood cells strong and healthy. Vitamin D and omega-3 fatty acids are also essential for health.

Market Dynamics:

The rising consumer awareness regarding the environmental impact of animal products is driving growth of vegan food market. Moreover, increasing demand for cruelty-free and organic products is also supporting the growth of this market. Several companies have entered the vegan food market and are developing innovative vegan products to gain an advantage over their competitors.

On the other hand, wide availability of substitute is expected to hamper the market growth.

Key features of the study:

• This report provides in-depth analysis of the global vegan food market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global vegan food market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Hain Celestial, SunOpta Inc., WhiteWave, and Others
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global vegan food market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global vegan food market

Detailed Segmentation:

• Global Vegan Food Market, By Product Type
  • Dairy Alternative
  • Meat Substitute
  • Others
• Global Vegan Food Market, By Distribution Channel
  • Online
  • Offline
• Global Vegan Food Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa
• Company Profiles
  • Hain Celestial
  • SunOpta Inc.
  • WhiteWave
  • Others