Press release
Global Vegan Food Market Value Expected To Reach $22.27 Billion By 2025
The global vegan food market is expected grow from $14.44 billion in 2020 to $15.77 billion in 2021 at a compound annual growth rate (CAGR) of 9.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $22.27 billion in 2025 at a CAGR of 9%.The Business Research Company offers " Vegan Food Global Market Report 2021: COVID 19 Growth And Change To 2030 " in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.
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The vegan market consists of the sale of vegan products and related services for consumption purposes. Vegan products include food and beverages produced without the use of animal ingredients or animal-derived ingredients. Vegan food products include fruits and vegetables, legumes such as peas, beans, plant protein-based tofu and plant protein-based meat.
Some of the key players involved in the Vegan Market are Amy's Kitchen, VITASOY International Holdings Ltd., Beyond Meat, Tofutti Brands, Plamil Foods Ltd., Danone S.A., Vbites Foods Ltd., Eden Foods Inc., Whitewave Foods Company Inc, Sun Opta Inc., Pascual Group, Bhlue Diamond Growers, Archer Daniel Midland Company, Earth's Own Food Company Inc, Panos Brand LLC., Bhlue Diamond Growers, Hain Celestial Group Inc., Organic Vallet Corporative, Living Harvest Food Inc., Morningstar Farms, MGP Ingridents Inc., Sonic Biochem Extractions Limited, ADM, Duopont, The Nisshin Oillio Group, Schouten Europe, Memphis Meats, Alpha Foods, Corbion Biotech Inc., Famleigh Inc., Alpro.
The countries covered in the global Vegan Market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global Vegan Market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global Vegan Market is segmented -
1) By Product Substitute: Dairy Alternative, Meat Substitute, Others
2) By Distribution Channel: Online, Offline
3) By Source: Wheat, Soy, Oats, Almond, Others
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Few Points From Table Of Content
1. Executive Summary
2. Vegan Market Characteristics
3. Vegan Market Trends And Strategies
4. Impact Of COVID-19 On Vegan Market
5. Vegan Market Size And Growth
.....
26. Africa Vegan Market
27. Vegan Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Vegan Market
29. Vegan Market Future Outlook and Potential Analysis
30. Appendix
The report covers the trends and market dynamics of the Vegan Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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