Global Vegan Food Market to be Driven by Growing Awareness of Health Benefits During the Forecast Period 2022-2027
WYOMING, USA, August 16, 2022 /EINPresswire.com/ — Expert Market Research’s new report titled “Global Growth of the vegan food marketSize, Share, Price, Trends, Report and Forecasts 2022-2027′, gives an in-depth analysis of the global vegan food market, assessing the market based on its segments such as product types, distribution channels and major regions .
The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
𝐆𝐞𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭𝐬 – https://www.expertmarketresearch.com/reports/vegan-food-market/requestsample
Market Overview (2015-2025)
• Historical market size (2021): 15.4 billion USD
• Forecast CAGR (2022-2027): 9%
• Forecasted market size (2027): 26.1 billion USD
Growing awareness of the many health benefits of plant-based food products has broadened the customer base of this sector. Herbal products help maintain blood pressure levels and reduce the risk of heart disease, stroke, prostate cancer, colorectal cancer, cholesterol and premature death. Manufacturers in the market have launched a range of high quality food products in different flavors with attractive packaging solutions, which is further contributing to the growth of the market.
Vegan food is devoid of eggs, meat, dairy products and any other ingredients of animal origin. Advocates of vegan food and diet are known as vegans. Vegans often abstain from consuming foods made from animal products such as refined white sugar and other products.
𝐓𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐜𝐚𝐧 𝐛𝐞 𝐝𝐢𝐯𝐢𝐝𝐞𝐝 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐛𝐲 𝐩𝐫𝐨𝐝𝐮𝐜𝐭 𝐭𝐲𝐩𝐞𝐬:
• Dairy alternatives
• Meat substitutes
• Alternative to eggs
• Vegan bakery
• Plant-based snacks
𝐎𝐧 𝐭𝐡𝐞 𝐛𝐚𝐬𝐢𝐬 𝐨𝐟 𝐝𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐜𝐡𝐚𝐧𝐧𝐞𝐥, 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐢𝐧𝐭𝐨:
• Convenience stores
• Specialty stores
• On line
𝐓𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐫𝐞𝐠𝐢𝐨𝐧 :
• North America
o United States of America
o United Kingdom
• Asia Pacific
• Latin America
• Middle East and Africa
o Saudi Arabia
o United Arab Emirates
o South Africa
The global demand for vegan foods is fueled by a growing perception of animal health and exploitation in the food industry, which has contributed to a significant shift towards plant-based food products and away from animal products. The growing popularity of the vegan diet and the growing trend towards embracing veganism has led to an increased demand for vegan foods.
𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
The main market players are:
• Amy’s kitchen
• Danone S.A.
• The company Archer Daniels Midland
• Daiya Foods Inc.
• Tofutti Brands Inc.
• Ripple Foods Inc.
• Earth’s Own Food Company Inc.
The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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