PUBLISHER: BCC Research | PRODUCT CODE: 1162028
PUBLISHER: BCC Research | PRODUCT CODE: 1162028
The global market for vegan food was valued at $35.6 billion in 2021 and is estimated to grow from $40.1 billion in 2022 to $91.9 billion in 2027, with a compound annual growth rate (CAGR) of 18.1% for the period of 2022-2027.
The global market for plant-based meat as a segment was valued at $9.5 billion in 2021 and is estimated to grow from $10.7 billion in 2022 to $25.2 billion in 2027, with a CAGR of 18.6% for the period of 2022-2027.
The global market for plant-based dairy products as a segment was valued at $7.7 billion in 2021 and is estimated to grow from $8.6 billion in 2022 to $20.2 billion in 2027, with a CAGR of 18.5% for the period of 2022-2027.
This report incorporates an in-depth analysis of the vegan food market, including market estimations and trends through 2027. Major players, competitive intelligence, innovative products and technologies, market dynamics and regional opportunities are discussed in detail. The report examines recent developments and product portfolios of major players. The patent analysis focuses on technological trends in recent years in regions such as the U.S., Europe and Japan. The report presents a market analysis and estimates the compound annual growth rate (CAGR) of various vegan food markets.
This report segments the global market by these geographic regions: North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. For market estimates, data is provided for 2021 (which serves as the base year) and 2022, and it is forecast through year-end 2027.
The report also discusses the major players across each regional vegan food market. In addition, it explains the major drivers and regional dynamics of the global vegan food market and current trends within the industry. The report concludes with a particular focus on the vendor landscape and includes detailed profiles of the major vendors in the market.
Table A : Global Market for Vegan Food, by Category, Through 2027
Figure A : Global Market for Vegan Food, by Category, 2021-2027