Global Vegan Baking Ingredients Market Size & Outlook

The vegan baking ingredients industry worldwide is expected to reach a projected revenue of US$ 2,411.2 million by 2030. A compound annual growth rate of 8.2% is expected of the worldwide vegan baking ingredients industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,386.7
Forecast, 2030 (US$M)
$2,411.2
CAGR, 2024 - 2030
8.2%
Report Coverage
Worldwide

Global vegan baking ingredients market, 2018-2030 (US$M)

Global vegan baking ingredients market highlights

  • The global vegan baking ingredients market generated a revenue of USD 1,386.7 million in 2023 and is expected to reach USD 2,411.2 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 8.2% by 2030.
  • In terms of segment, flour accounted for a revenue of USD 1,386.7 million in 2023.
  • Flour is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 1,386.7 million
Market revenue in 2030USD 2,411.2 million
Growth rate8.2% (CAGR from 2023 to 2030)
Largest segmentFlour
Fastest growing segmentFlour
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFlour

Other key industry trends

  • In terms of revenue, the North America accounted for 27.1% of the global vegan baking ingredients market in 2023.

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Vegan Baking Ingredients Market Scope

Vegan baking ingredients market segmentation & scope
Flour
Oils
Sweetners
Flavouring Agents
Others
End Product
Cakes & Pastries
Breads & Rolls
Biscuits & Cookies
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
South Korea
Brazil
UAE

Vegan Baking Ingredients Market Companies

Name Profile # Employees HQ Website

Global vegan baking ingredients market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vegan baking ingredients market will help companies and investors design strategic landscapes.


Flour was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global vegan baking ingredients market based on flour covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Vegan Baking Ingredients Product Outlook (Revenue, USD Million, 2018-2030)
    • Flour
    • Oils
    • Sweetners
    • Flavouring Agents
    • Others
  • Global Vegan Baking Ingredients End Product Outlook (Revenue, USD Million, 2018-2030)
    • Cakes & Pastries
    • Breads & Rolls
    • Biscuits & Cookies
    • Others

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  • Our clientele includes a mix of vegan baking ingredients market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global vegan baking ingredients market , including forecasts for subscribers. This global databook contains high-level insights into Global vegan baking ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global vegan baking ingredients market size, by regions, 2018-2030 (US$M)

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