PUBLISHER: TechSci Research | PRODUCT CODE: 1228281
PUBLISHER: TechSci Research | PRODUCT CODE: 1228281
Vegan Snacks Market- Global Industry Size, Share, Trends, Opportunity, and Forecast 2017-2027 Segmented By Product Type, By Distribution Channel (Supermarkets/Hypermarkets, Departmental Stores, Specialty Stores, Online, Others ), By Region
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The global vegan snacks market is anticipated to grow at an impressive CAGR during the forecast period. Due to the benefits of consuming vegan snacks, which include improved gut health, immune system support, and reduced inflammation, more consumers are incorporating vegan snacks into their snacking routines, assisting the market's expansion. Some businesses are aiming their products at people who want to switch to vegan diets to prevent cancer and cardiovascular disease. These assert to give such consumers more options, and by doing so, they seek to strengthen their overall position in the market for vegan snacks worldwide. The manufacturers are expected to launch a significant number of vegan snacks, which has opened lucrative growth opportunities for the sector. During the pandemic, there was a great demand for nutritious vegan snacks, which was advantageous for the industry. The healthcare professional advised daily intake of nutritious food to maintain the body's immunity during the COVID-19 pandemic. Additionally, the increase in snacking behaviors contributed positively to the market's expansion.
One of the main aspects influencing the appeal of vegan snacks is the convenience of consuming nutritious food. Furthermore, most newly released products regarded processing techniques that largely preserved their nutritional value. This is another encouraging development in the market for vegan snacks.
Launch Of New Products Propels the Market Growth
The significant number of people in rural areas who follow vegan, vegetarian, or flexitarian diets is a positive development for the promotion of vegan snacks. Manufacturers are releasing new, occasionally exotic flavors. One illustration is giving vegan snacks meat-like flavors. This has given the market's growth a significant boost. The demand for plant-based snacks has seen improved prospects in recent years as organic plant-based snacks have gained popularity in emerging markets like some developing economies in Asia. For instance, Healthline, a US-based company, offers vegan snacks which are made up of fruit and nut butter, with nutritional advantages While nut butter is rich in fiber and protein that can help one feel full and energized, fruits offer fiber, vitamins, and minerals. Bananas or apples with cashew, almond, or peanut butter are common pairings. Hence, this factor is anticipated to drive the growth of the vegan snacks market globally.
The Rising Popularity of Vegan Diets Propels the Market Growth
Vegan diets have become increasingly popular due to their use in nutritional interventions to treat chronic illnesses and cardiovascular diseases. A vegan diet comprises plants such as vegetables, grains, nuts, and fruits. Vegans abstain from eating foods derived from animals, such as dairy and eggs. The rising popularity of vegan diets fuels the growth of the vegan snacks market. Companies are launching and developing vegan snacks to attract consumers. For instance, in 2021, Dr. Gino Bortone, the creator of Cheetos Frito-Twisted Lay's Cheetos, announced a new cheesy vegan snack. Also, Protein Twists, a high-protein, cheesy snack, were introduced by the plant-based investment firm Eat Well Group into 300 Federated Co-Operatives expanded to other Co-Operatives, select retailers, and online sales.
Market Segmentation
The global vegan snacks market is segmented based on product type, distribution channel, region, and competitional landscape. Based on product type, the market is fragmented into Nuts & Seeds, Bakery, Savory, Confectionery, and Others). Based on distribution channel, the market is segmented into Supermarkets/Hypermarkets, Departmental Stores, Specialty Stores, Online, and Others (Convenience Stores, Direct Sales, etc.).
Company Profiles
Amy's Kitchen, Danone S.A, The Archer Daniels Midland Company, Daiya Foods Inc., Tofutti Brands Inc., Eden Foods Inc., Sun Opta Inc., Hain Celestial Group Inc., Organic Valley Corporative, Green Pack Food Inc. are the major market players in the global platform that lead the market growth of the global vegan snacks market.
Report Scope
In this report, the global vegan snacks market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Vegan Snacks Market, By Product Type:
- Nuts & Seeds
- Bakery
- Savory
- Confectionery
- Others
Vegan Snacks Market, By Distribution Channel:
- Supermarkets/Hypermarkets
- Departmental Stores
- Specialty Stores
- Online
- Others
Vegan Snacks Market, By Region
- North America
- The United States
- Canada
- Mexico
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Turkey
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global vegan snacks market.
Available Customizations
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Global Vegan Snacks Market
5. Voice of Customer
- 5.1. Respondent Demographics
- 5.1.1. By Age
- 5.1.2. By Gender
- 5.1.3. By Occupation
- 5.1.4. By Income Group
- 5.2. Brand Awareness
- 5.3. Factors Influencing Purchase Decision
- 5.4. Challenges Faced During Post Purchase
6. Global Vegan Snacks Market Outlook
- 6.1. Market Size & Forecast
- 6.1.1. By Value
- 6.2. Market Share & Forecast
- 6.2.1. By Product Type (Nuts & Seeds, Bakery, Savory, Confectionery, and Others)
- 6.2.2. By Distribution Channel (Supermarkets/Hypermarkets, Departmental Stores, Specialty Stores, Online, Others (Convenience Stores, Direct Sales, etc.))
- 6.2.3. By Region
- 6.2.4. By Company (2021)
- 6.3. Market Map (By Product Type, By Distribution Channel, By Region)
7. North America Vegan Snacks Market Outlook
- 7.1. Market Size & Forecast
- 7.1.1. By Value
- 7.2. Market Share & Forecast
- 7.2.1. By Product Type
- 7.2.2. By Distribution Channel
- 7.2.3. By Country (United States; Canada; Mexico and Rest of North America)
- 7.3. North America: Country Analysis
- 7.3.1. United States Vegan Snacks Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.1.1. By Value
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Product Type
- 7.3.1.2.2. By Distribution Channel
- 7.3.1.1. Market Size & Forecast
- 7.3.2. Canada Vegan Snacks Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.1.1. By Value
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Product Type
- 7.3.2.2.2. By Distribution Channel
- 7.3.2.1. Market Size & Forecast
- 7.3.3. Mexico Vegan Snacks Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.1.1. By Value
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Product Type
- 7.3.3.2.2. By Distribution Channel
- 7.3.3.1. Market Size & Forecast
- 7.3.1. United States Vegan Snacks Market Outlook
8. Europe Vegan Snacks Market Outlook
- 8.1. Market Size & Forecast
- 8.1.1. By Value
- 8.2. Market Share & Forecast
- 8.2.1. By Product Type
- 8.2.2. By Distribution Channel
- 8.2.3. By Country (France; Germany; UK; Italy; Spain and Rest of Europe)
- 8.3. Europe: Country Analysis
- 8.3.1. France Vegan Snacks Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.1.1. By Value
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Product Type
- 8.3.1.2.2. By Distribution Channel
- 8.3.1.1. Market Size & Forecast
- 8.3.2. Germany Vegan Snacks Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.1.1. By Value
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Product Type
- 8.3.2.2.2. By Distribution Channel
- 8.3.2.1. Market Size & Forecast
- 8.3.3. United Kingdom Vegan Snacks Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.1.1. By Value
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Product Type
- 8.3.3.2.2. By Distribution Channel
- 8.3.3.1. Market Size & Forecast
- 8.3.4. Italy Vegan Snacks Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.1.1. By Value
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Product Type
- 8.3.4.2.2. By Distribution Channel
- 8.3.4.1. Market Size & Forecast
- 8.3.5. Spain Vegan Snacks Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.1.1. By Value
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Product Type
- 8.3.5.2.2. By Distribution Channel
- 8.3.5.1. Market Size & Forecast
- 8.3.1. France Vegan Snacks Market Outlook
9. Asia-Pacific Vegan Snacks Market Outlook
- 9.1. Market Size & Forecast
- 9.1.1. By Value
- 9.2. Market Share & Forecast
- 9.2.1. By Product Type
- 9.2.2. By Distribution Channel
- 9.2.3. By Country (China; India; Japan; South Korea; Australia; and Rest of Asia Pacific)
- 9.3. Asia-Pacific: Country Analysis
- 9.3.1. China Vegan Snacks Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.1.1. By Value
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Product Type
- 9.3.1.2.2. By Distribution Channel
- 9.3.1.1. Market Size & Forecast
- 9.3.2. India Vegan Snacks Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.1.1. By Value
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Product Type
- 9.3.2.2.2. By Distribution Channel
- 9.3.2.1. Market Size & Forecast
- 9.3.3. Japan Vegan Snacks Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.1.1. By Value
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Product Type
- 9.3.3.2.2. By Distribution Channel
- 9.3.3.1. Market Size & Forecast
- 9.3.4. South Korea Vegan Snacks Market Outlook
- 9.3.4.1. Market Size & Forecast
- 9.3.4.1.1. By Value
- 9.3.4.2. Market Share & Forecast
- 9.3.4.2.1. By Product Type
- 9.3.4.2.2. By Distribution Channel
- 9.3.4.1. Market Size & Forecast
- 9.3.5. Australia Vegan Snacks Market Outlook
- 9.3.5.1. Market Size & Forecast
- 9.3.5.1.1. By Value
- 9.3.5.2. Market Share & Forecast
- 9.3.5.2.1. By Product Type
- 9.3.5.2.2. By Distribution Channel
- 9.3.5.1. Market Size & Forecast
- 9.3.1. China Vegan Snacks Market Outlook
10. Middle East and Africa Vegan Snacks Market Outlook
- 10.1. Market Size & Forecast
- 10.1.1. By Value
- 10.2. Market Share & Forecast
- 10.2.1. By Product Type
- 10.2.2. By Distribution Channel
- 10.2.3. By Country (South Africa; Saudi Arabia; UAE and Turkey, and Rest of Middle East & Africa)
- 10.3. MEA: Country Analysis
- 10.3.1. South Africa Vegan Snacks Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.1.1. By Value
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Product Type
- 10.3.1.2.2. By Distribution Channel
- 10.3.1.1. Market Size & Forecast
- 10.3.2. Saudi Arabia Vegan Snacks Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.1.1. By Value
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Product Type
- 10.3.2.2.2. By Distribution Channel
- 10.3.2.1. Market Size & Forecast
- 10.3.3. UAE Vegan Snacks Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.1.1. By Value
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Product Type
- 10.3.3.2.2. By Distribution Channel
- 10.3.3.1. Market Size & Forecast
- 10.3.4. Turkey Vegan Snacks Market Outlook
- 10.3.4.1. Market Size & Forecast
- 10.3.4.1.1. By Value
- 10.3.4.2. Market Share & Forecast
- 10.3.4.2.1. By Product Type
- 10.3.4.2.2. By Distribution Channel
- 10.3.4.1. Market Size & Forecast
- 10.3.1. South Africa Vegan Snacks Market Outlook
11. South America Vegan Snacks Market Outlook
- 11.1. Market Size & Forecast
- 11.1.1. By Value
- 11.2. Market Share & Forecast
- 11.2.1. By Product Type
- 11.2.2. By Distribution Channel
- 11.2.3. By Country (Brazil; Argentina; Colombia; and Rest of South America)
- 11.3. South America: Country Analysis
- 11.3.1. Brazil Vegan Snacks Market Outlook
- 11.3.1.1. Market Size & Forecast
- 11.3.1.1.1. By Value
- 11.3.1.2. Market Share & Forecast
- 11.3.1.2.1. By Product Type
- 11.3.1.2.2. By Distribution Channel
- 11.3.1.1. Market Size & Forecast
- 11.3.2. Argentina Vegan Snacks Market Outlook
- 11.3.2.1. Market Size & Forecast
- 11.3.2.1.1. By Value
- 11.3.2.2. Market Share & Forecast
- 11.3.2.2.1. By Product Type
- 11.3.2.2.2. By Distribution Channel
- 11.3.2.1. Market Size & Forecast
- 11.3.3. Colombia Vegan Snacks Market Outlook
- 11.3.3.1. Market Size & Forecast
- 11.3.3.1.1. By Value
- 11.3.3.2. Market Share & Forecast
- 11.3.3.2.1. By Product Type
- 11.3.3.2.2. By Distribution Channel
- 11.3.3.1. Market Size & Forecast
- 11.3.1. Brazil Vegan Snacks Market Outlook
12. SWOT Analysis
13. Supply Chain Analysis
14. Market Dynamics
- 14.1. Drivers
- 14.2. Challenges
15. Market Trends & Developments
16. Competitive Landscape
- 16.1. Company Profiles
- 16.1.1. Amy's Kitchen
- 16.1.2. Danone S.A
- 16.1.3. The Archer Daniels Midland Company
- 16.1.4. Daiya Foods Inc.
- 16.1.5. Tofutti Brands Inc.
- 16.1.6. Eden Foods Inc.
- 16.1.7. Sun Opta Inc.
- 16.1.8. Hain Celestial Group Inc.
- 16.1.9. Organic Valley Corporative
- 16.1.10. Green Pack Food Inc.
17. Strategic Recommendations
18. About Us & Disclaimer
