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PUBLISHER: Grand View Research | PRODUCT CODE: 1114161
PUBLISHER: Grand View Research | PRODUCT CODE: 1114161
Vegan Snacks Market Size, Share & Trends Analysis Report By Product (Nuts & Seeds, Bakery, Savory), By Distribution Channel (Offline, Online), By Region (North America, EU, APAC), And Segment Forecasts, 2022 - 2030
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Vegan Snacks Market Growth & Trends:
The global vegan snacks market size is expected to reach USD 80.53 billion by 2030, registering a CAGR of 6.9% over the forecast period, according to a new report by Grand View Research, Inc. Increasing awareness about plant-based foods including snacks across the globe acts as the major driving force for the market. Moreover,significant changes in the food consumption patterns further contributed to the market growth. Other factors that drive the product demand include the growing veganism across the globe.In the COVID-19 pandemic, the demand for plant-based healthy vegan snacks increased due to their various health benefits. Plant-based protein intake had gained traction during the COVID-19 era to fulfill the nutritional requirements.
Moreover, increased focus on maintaining physical fitness is another major factor expected to propel market growth. A significant rise in the online sales of grocery products during the COVID-19 pandemic contributed to the market growth. Based on products, the global market is categorized into nuts & seeds, bakery, savory, confectionery, and others. Among these, the savory segment contributed to a larger market share in 2021. The market is mainly driven by the significant demand for salty savory snacks, such as potato chips, tortilla chips, and others. The availability of different flavors and ingredients in plant-based savory snacks further contributes to the segment growth.
The vegan bakery segment is projected to grow significantly over the forecast period due to the rising demand for healthy bakery products in developed economies.On the basis of distribution channels, the industry is segmented into offline and online. The online segment is expected to register the fastest CAGR from 2022 to 2030. This growth can be credited to the increased focus of key manufacturers on adopting technologically advanced e-commerce technology to boost product sales. Vegan snack manufacturers are choosing door-step delivery with nominal tenure by using the online sales platform. Customers can simply track their orders through web and mobile applications, thereby supporting the segment growth.
Europe accounted for the maximum revenue share in 2021 and is expected to grow at a steady CAGR from 2022 to 2030. The rising demand for plant-based protein intake in the U.K., Germany, and France to maintain sustainable health is driving the market growth. Moreover, significant growth in the sales of plant-based bakery and confectionery products in Spain and Italy contributed to the regional market growth. The growing marketing of plant-based foods through social media and endorsement by celebrities and athletes further increased the demand for vegan snacks in the region.
Vegan Snacks Market Report Highlights:
- Europe held a significant revenue share in 2021 and is expected to grow at a steady CAGR from 2022 to 2030 owing to the popularity of plant-based snacks
- The savory segment accounted for the largest market share in 2021 due to the high demand for snack products, such as potato and tortilla chips
- The online distribution channel segment is expected to register the fastest CAGR from 2022 to 2030
- The growing usage of online shopping portals and mobile apps for grocery shopping is projected to contribute to the segment growth
Product Code: GVR-4-68039-954-9
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Products & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Product Outlook
- 2.3. Distribution Channel Outlook
- 2.4. Regional Outlook
Chapter 3. Vegan Snacks Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.2 Penetration & Growth Prospect Mapping
- 3.3 Value Chain Analysis
- 3.4 Technology Overview
- 3.5 Regulatory Framework
- 3.6 Market Dynamics
- 3.6.1 Market Driver Analysis
- 3.6.2 Market restraint Analysis
- 3.6.3 Industry challenges
- 3.7 Business Environment Analysis
- 3.7.1 Porter's Analysis
- 3.7.1.1 Threat of new entrants
- 3.7.1.2 Bargaining power of suppliers
- 3.7.1.3 Bargaining power of buyers
- 3.7.1.4 Threat of substitutes
- 3.7.1.5 Competitive rivalry
- 3.7.2 PESTLE Analysis
- 3.7.2.1 Political Landscape
- 3.7.2.2 Environmental Landscape
- 3.7.2.3 Social Landscape
- 3.7.2.4 Technology Landscape
- 3.7.2.5 Economic Landscape
- 3.7.2.6 Legal Landscape
- 3.7.3 Major Deals & Strategic Alliances Analysis
- 3.7.1 Porter's Analysis
- 3.8 Market Entry Strategy
- 3.9 COVID-19 Impact Analysis
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends and Preferences
- 4.3. Factors Affecting Buying Decision
- 4.4. Consumer Product Adoption
- 4.5. Observations & Recommendations
Chapter 5. Vegan Snacks Market: Product Estimates & Trend Analysis
- 5.1. Product Movement Analysis & Market Share, 2021 & 2030
- 5.2. Nuts & Seeds
- 5.2.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 5.3. Bakery
- 5.3.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 5.4. Savory
- 5.4.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 5.5. Confectionery
- 5.5.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
- 5.6. Others
- 5.6.1. Market Estimates and Forecast, 2017 - 2030 (USD Million)
Chapter 6. Vegan Snacks Market: Distribution Channel Estimates & Trend Analysis
- 6.1. Distribution Channel Movement Analysis & Market Share, 2021 & 2030
- 6.2. Offline
- 6.2.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 6.3. Online
- 6.3.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
Chapter 7. Vegan Snacks Market: Regional Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2021 & 2030
- 7.2. North America
- 7.2.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.2.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.2.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.2.4. U.S.
- 7.2.4.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.2.4.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.2.4.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.2.5. Canada
- 7.2.5.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.2.5.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.2.5.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.2.6. Mexico
- 7.2.6.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.2.6.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.2.6.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.3.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.3.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.3.4. U.K.
- 7.3.4.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.3.4.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.3.4.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.3.5. Germany
- 7.3.5.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.3.5.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.3.5.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.3.6. France
- 7.3.6.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.3.6.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.3.6.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.3.7. Italy
- 7.3.7.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.3.7.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.3.7.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.3.8. Spain
- 7.3.8.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.3.8.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.3.8.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.4.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.4.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.4.4. China
- 7.4.4.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.4.4.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.4.4.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.4.5. India
- 7.4.5.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.4.5.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.4.5.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.4.6. Japan
- 7.4.6.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.4.6.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.4.6.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.4.7. South Korea
- 7.4.7.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.4.7.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.4.7.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.4.8. Australia
- 7.4.8.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.4.8.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.4.8.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.5. Central & South America
- 7.5.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.5.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.5.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.5.4. Brazil
- 7.5.4.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.5.4.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.5.4.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.6.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.6.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 7.6.4.2. Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 7.6.4.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
Chapter 8. Competitive Analysis
- 8.1 Key Players' Recent Developments & Their Impact
- 8.2 Strategies Adopted By Major Players During COVID-19 Pandemic
- 8.3 Vendor Landscape
- 8.4 Public Companies
- 8.4.1 Company Market Position Analysis
- 8.5 Private Companies
- 8.5.1 List of Key Emerging Companies/Technology Disruptors/Innovators
Chapter 9. Company Profiles
- 9.1. Amy's Kitchen
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Strategic Initiatives
- 9.2. Danone S.A
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Strategic Initiatives
- 9.3. The Archer Daniels Midland Company
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Strategic Initiatives
- 9.4. Daiya Foods Inc.
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Strategic Initiatives
- 9.5. Tofutti Brands Inc.
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Strategic Initiatives
- 9.6. Eden Foods Inc.
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Strategic Initiatives
- 9.7. Sun Opta Inc.,
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Strategic Initiatives
- 9.8. Hain Celestial Group Inc.
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Strategic Initiatives
- 9.9. Organic Valley Corporative
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Strategic Initiatives
- 9.10. Green Pack Food Inc.
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Strategic Initiatives
- 9.11. Allplants Ltd.
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Strategic Initiatives
- 9.12. Follow Your Heart
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Strategic Initiatives
Product Code: GVR-4-68039-954-9
List of Tables
- 1. Vegan Snacks Market - Key Market Driver Analysis
- 2. Vegan Snacks Market - Key Market Restraint Analysis
- 3. Global Nuts & Seeds Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 4. Global Bakery Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 5. Global Savory Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 6. Global Confectionery Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 7. Global Others Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 8. Global Vegan Snacks Market Estimates And Forecast By Offline, from 2017 - 2030 (USD Million)
- 9. Global Vegan Snacks Market Estimates And Forecast By Online, from 2017 - 2030 (USD Million)
- 10. Global Vegan Snacks Market Estimates And Forecast, By Region 2017 - 2030 (USD Million)
- 11. Global Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 12. Global Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 13. North America Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 14. North America Vegan Snacks Market Estimates And Forecast, By Product, 2017 - 2030 (USD Million)
- 15. North America Vegan Snacks Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 16. U.S. Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 17. U.S. Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 18. U.S. Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 19. Canada Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 20. Canada Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 21. Canada Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 22. Mexico Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 23. Mexico Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 24. Mexico Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 25. Europe Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 26. Europe Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 27. Europe Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 28. U.K. Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 29. U.K. Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 30. U.K. Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 31. Germany Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 32. Germany Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 33. Germany Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 34. France Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 35. France Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 36. France Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 37. Italy Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 38. Italy Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 39. Italy Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 40. Spain Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 41. Spain Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 42. Spain Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 43. Asia Pacific Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 44. Asia Pacific Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 45. Asia Pacific Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 46. China Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 47. China Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 48. China Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 49. India Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 50. India Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 51. India Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 52. Japan Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 53. Japan Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 54. Japan Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 55. South Korea Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 56. South Korea Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 57. South Korea Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 58. Australia Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 59. Australia Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 60. Australia Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 61. Central & South America Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 62. Central & South America Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 63. Central & South America Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 64. Brazil Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 65. Brazil Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 66. Brazil Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 67. Middle East & Africa Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 68. Middle East & Africa Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 69. Middle East & Africa Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 70. South Africa Vegan Snacks Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 71. South Africa Vegan Snacks Market Estimates And Forecast By Product, 2017 - 2030 (USD Million)
- 72. South Africa Vegan Snacks Market Estimates And Forecast By Distribution Channel, 2017 - 2030 (USD Million)
- 73. Vendor landscape
List of Figures
- 1. Vegan Snacks Market Snapshot
- 2. Vegan Snacks Market Segmentation & Scope
- 3. Vegan Snacks Market Penetration & Growth Prospect Mapping
- 4. Vegan Snacks Market Value Chain Analysis
- 5. Vegan Snacks Market Dynamics
- 6. Vegan Snacks Market Porter's Analysis
- 7. Vegan Snacks Market: Product Movement Analysis
- 8. Vegan Snacks Market: End-User Movement Analysis
- 9. Vegan Snacks Market: Distribution Channel Movement Analysis
- 10. Vegan Snacks Market: Regional Movement Analysis
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