Global Vegan Food Market Size & Outlook, 2021-2030
Global vegan food market, 2017-2030 (US$M)
Related Markets
Global vegan food market highlights
- The global vegan food market generated a revenue of USD 15,075.4 million in 2021 and is expected to reach USD 37,447.9 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 10.6% by 2030.
- In terms of segment, meat & seafood accounted for a revenue of USD 5,414.7 million in 2021.
- Meat & Seafood is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 15,075.4 million |
| Market revenue in 2030 | USD 37,447.9 million |
| Growth rate | 10.6% (CAGR from 2021 to 2030) |
| Largest segment | Meat & seafood |
| Fastest growing segment | Meat & Seafood |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Meat & Seafood, Creamer, Ice cream and frozen novelties, Yogurt, Cheese, Butter, Meals, Protein liquids and powders, Protein Bars |
Other key industry trends
- In terms of revenue, the North America accounted for 37.3% of the global vegan food market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 846.9 million by 2030.
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Vegan Food Market Scope
Vegan Food Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| VBites | View profile | 51-100 | Corby, Nottinghamshire, United Kingdom, Europe | https://www.vbites.com/ |
| Plamil Foods | View profile | 11-50 | Folkestone, Kent, United Kingdom, Europe | https://plamilfoods.co.uk |
| Eden Foods | View profile | 51-100 | Clinton, Michigan, United States, North America | http://www.edenfoods.com |
| Amy's Kitchen | View profile | 1001-5000 | Petaluma, California, United States, North America | http://www.amys.com |
| Tofutti Brands Inc | View profile | 5 | 50 Jackson Drive, Cranford, NJ, United States, 07016 | https://www.tofutti.com |
| Beyond Meat Inc | View profile | 686 | 119 Standard Street, El Segundo, CA, United States, 90245 | https://www.beyondmeat.com |
| Vitasoy International Holdings Ltd | View profile | 6534 | Number 1 Kin Wong Street, Tuen Mun, New Territories, Hong Kong, Hong Kong, | https://www.vitasoy.com |
| SunOpta Inc | View profile | 1174 | 7078 Shady Oak Road, Eden Prairie, MN, United States, 55344 | https://www.sunopta.com |
| Danone SA | View profile | 88843 | 17, Boulevard Haussmann, Paris, France, 75009 | https://www.danone.com |
| Otsuka Holdings Co Ltd | View profile | 39548 | 2-9 Kanda-Tsukasamachi, Chiyoda-ku, Tokyo, Japan, 101-0048 | http://www.otsuka.com/jp |
Global vegan food 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 food market will help companies and investors design strategic landscapes.
Meat & seafood was the largest segment with a revenue share of 35.92% in 2021. Horizon Databook has segmented the Global vegan food market based on meat & seafood, creamer, ice cream and frozen novelties, yogurt, cheese, butter, meals, protein liquids and powders, protein bars covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Vegan Food Product Outlook (Revenue, USD Million, 2017-2030)
- Meat & Seafood
- Creamer
- Ice cream and frozen novelties
- Yogurt
- Cheese
- Butter
- Meals
- Protein liquids and powders
- Protein Bars
- Others
- Global Vegan Food Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
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Target buyers of Global vegan food market databook
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Our clientele includes a mix of vegan food market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global vegan food market , including forecasts for subscribers. This global databook contains high-level insights into Global vegan food market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global vegan food market size, by regions, 2017-2030 (US$M)
Top 10 countries: Vegan food market size, 2021 (US$M)
Global vegan food market share, by product, 2021 & 2030 (%, US$M)
Vegan food market: Opportunity assessment by country
Global vegan food market, by region, 2021 (US$M)
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