The GMI Research adds new research on the Vegan food market, a detailed analysis of this business space, including the emerging market trends, competitive landscape, and market size. The report covers various parameters among different segment analysis, the regional growth landscape, and an in-depth study of the industry’s competitive scenario.

Leading Players of the Vegan food market:

The major players in the market include Atlantic Natural Foods, Inc., Kite Hill, Earth’s Own Food Company, Amy’s Kitchen, Beyond Meat, Make My Day Food Inc., Annie’s Homegrown, Plamil Foods Ltd., Miyoko’s Creamery, Tofurky, Earth Balance, Eden Foods, Cedar Lake Foods, and The WhiteWave Foods Company, among others.

Key Drivers of the Vegan food market:

The major drivers that are boosting the growth of the vegan food market include the growing awareness of people towards a healthier lifestyle, increasing concerns towards animal cruelty, and the rising rate of obesity around the world. Vegan food products provide exceptional advantages such as decreased risk of heart attack, high blood pressure, diabetes, and other benefits. The growing number of consumers demanding gluten-free and vegetarian food, followed by the easy availability of a wide range of plant-based meat and dairy products, will further energize the vegan food market growth.

The rising availability of information on the internet, social media platforms, and celebrity influencers regarding the health benefits of vegan products will encourage consumers to opt for vegan food products. In addition to this, the rising concerns about the adverse impact of animal killing on environment and outbreaks of devastating diseases such as SARS, Swine flu, and COVID-19 will have a positive impact on the vegan food market statistics. The expansion in the market for cultured meat, the high price of vegan food products, and allergy concerns related to the vegan foods, such as pea protein, soybean, wheat, and tree nuts are likely to restrain the market’s growth.

The ongoing coronavirus crisis is expected to increase the demand for vegan food products in the coming years. The emerging trend of veganism due to the significant shift in the consumer’s diet pattern from meat products to vegan food products is the key driver that will enhance the vegan food market growth.

Market Segmentation of the Vegan food market:

This report focuses on the Vegan food market status, forecast, growth opportunities, key development, and the leading players in the market. The main aim of the study is to present the trends and developments in North America, Europe, Asia Pacific, and RoW.

Segment by Product Type:

Dairy Substitutes
Cheese
Ice Cream
Milk
Yogurt
Others
Meat Substitutes
Tofu
Tempeh
Seiten
TVF
Quorn
Others
Others
Segment by Distribution Channel:

Grocery Stores
Convenience Stores
Speciality Stores
Supermarkets/Hypermarkets
Online Platforms
Segment by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

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