MarkNtel Advisors Releases Comprehensive Study on the Vegan Food Market, Forecasting Strong Growth from 2024 to 2030

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled “Vegan Food Market Analysis, 2024–2030.”
This report provides a detailed assessment of the Vegan Food Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

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Vegan Food Market Timeline Overview

-Historical Years: 2019-22

-Base Years: 2023

-Forecast year - 2024-2030

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

Vegan Food Market Outlook

According to the report, The Global Vegan Food Market size was valued at around USD 22.2 Billion in 2023 and is estimated to grow at a CAGR of around 10.5% during the forecast period, i.e., 2024-30. This is attributed to the rising rate of obesity, heart disease, high blood pressure, and diabetes among the global population & the prevalence of lifestyle-related diseases.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

Vegan Food Market Drivers:

Growing Health Awareness Among Individuals – In the present times, it is being observed that several individuals globally are suffering from diseases like obesity, heart disease, blood pressure issues, etc., owing to their bad lifestyle & eating habits. To overcome the widely increasing health issues & diseases, numerous people are inclining towards healthy habits or foods. As vegan foods are high in fiber, contain less fat & carbs, and help improve the metabolism, individuals are including them in their diet, therefore increasing the vegan foods demand. Also, many of the high-fine dining restaurants, cafes, and food manufacturers are introducing food items & dishes cooked or baked with plant-based ingredients, and are offering several vegan dishes to attract consumers seeking for healthy plant-based diet. Hence, owing to the growing popularity of vegan food among consumers, the Vegan Food Market is destined to drive.

Vegan Food Market Trends:

Rising Corporate Appeal & Investments – The market for vegan food has become a key point for investments due to the altering consumer preferences for sustainable & healthier diets. This trend is instigated by the wave of venture capital, strategic investments, and private equity between various established food industries, that are promoting vegan diets. Besides, identifying the wide potential of plant-based products, leading vegan food companies are expanding their portfolios, investing in R&D, and forming strategic alliances to secure market dominance in this growing food sector. Moreover, the growing valuation of vegan food companies along with public and initial public offerings (IPOs), underscores the attractiveness of the Vegan Food Industry to investors focussing to capitalize on its growth potential.

View Full Report (All Data, In One Place): (Explore in-depth analyses, technological trends, and investment patterns.) https://www.marknteladvisors.com/research-library/vegan-food-market.html

Vegan Food Market Segmentation

The study categorizes the Vegan Food Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Product Type

• Dairy Products
• Meat Substitutes

By Distribution Channel

• Online
• Offline
• Convenience Stores
• Specialty Stores
• Supermarkets/Hypermarkets

Geographical Analysis

• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific

The report presents detailed insights into the Vegan Food Market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

Talk to Our Industry Analyst: Get personalized insights into company strategies and regional market dynamics.) https://www.marknteladvisors.com/query/talk-to-our-consultant/vegan-food-market.html

Leading Companies in Vegan Food Market Worldwide: Players, Analysis & Future Outlook

Amy’s Kitchen, Archer Daniels Midland Company, Beyond Meat, Conagra, Inc., Danone S.A., Daiya Foods, Inc., Eden Foods, Inc., Impossible Foods Inc., Kellogg Company, Tofutti Brands, The Hain Celestial Group, Inc., VBites Foods Ltd., and Others, are the top companies in the Vegan Food Market.

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
• Growth Drivers & Challenges: Clear insights into factors fueling or restraining market expansion.
• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/vegan-food-market.html

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the Vegan Food Market?
   2. What are the major factors driving this market’s growth?
   3. Which regions are expected to lead the Vegan Food Market?
   4. Who are the prominent players in the Vegan Food Market?
   5. How is the competition structured in this market?
   6. How can I access the full report?

About us:

MarkNtel Advisors is a leading global market intelligence firm specializing in the food and beverages industry, encompassing food supplements & additives, food logistics, and warehousing solutions. We deliver comprehensive research on supply chain efficiency, evolving consumption trends, and regulatory shifts. With our Custom Market Analysis, we offer tailored insights to manufacturers, distributors, and investors, helping them optimize operations, strengthen market positioning, and drive sustainable growth in the global F&B ecosystem.         

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Contact No: +91 8719999009

Email: sales@marknteladvisors.com

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