VEGAN FOOD MARKET ANALYSIS

Regional Analysis

Global Vegan Food Market: Regional Insights

Based on geography, the global vegan food market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America is expected to dominate the global vegan foods market over the forecast period as it has a significant population that does not consume meat or eggs. The region also has a high number of lactose intolerant people, which is driving the demand for alternative dairy products. This trend is further supported by increasing campaigns by celebrities on social media regarding their vegan diet, thereby boosting the sales of these products in this region.

Europe is another major market for vegan foods as it has a large consumer base. The region also has a strong awareness about animal cruelty, which is fueling the demand for vegan products in this region. Additionally, the introduction of new plant-based product varieties by major supermarket chains is also contributing to growth of this market.

Asia-Pacific is an emerging market for vegan foods as it is a fast-growing region with rising per capita income. The region is also experiencing the rise of a number of vegan restaurants. The growing demand for healthier food options and the booming food manufacturing sector in this region are further expected to contribute to growth of the vegan foods market during the forecast period.

• North America: U.S. and Canada
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Middle East & Africa: GCC Countries, Israel,  South Africa, North Africa, and Central Africa and Rest of Middle East