Canada Vegan Food Market Size & Outlook, 2021-2030
Related Markets
Canada vegan food market highlights
- The Canada vegan food market generated a revenue of USD 674.8 million in 2021 and is expected to reach USD 1,781.9 million by 2030.
- The Canada market is expected to grow at a CAGR of 11.4% from 2022 to 2030.
- In terms of segment, meat & seafood was the largest revenue generating product in 2021.
- Creamer is the most lucrative product segment registering the fastest growth during the forecast period.
Vegan food market data book summary
| Market revenue in 2021 | USD 674.8 million |
| Market revenue in 2030 | USD 1,781.9 million |
| Growth rate | 11.4% (CAGR from 2021 to 2030) |
| Largest segment | Meat & seafood |
| Fastest growing segment | Creamer |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 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 |
| Key market players worldwide | Danone SA, Otsuka Holdings Co Ltd, Beyond Meat Inc, Tofutti Brands Inc, Vitasoy International Holdings Ltd, SunOpta Inc, Amy's Kitchen, Eden Foods, Plamil Foods, VBites |
Other key industry trends
- In terms of revenue, Canada accounted for 4.5% of the global vegan food market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. vegan food market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,781.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
Canada 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 29.03% in 2021. Horizon Databook has segmented the Canada 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.
Reasons to subscribe to Canada vegan food market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Canada vegan food market databook
-
Our clientele includes a mix of vegan food 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.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 country-level data and insights on the Canada vegan food market , including forecasts for subscribers. This country databook contains high-level insights into Canada vegan food market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada vegan food market size, by product, 2017-2030 (US$M)
Canada Vegan Food Market Outlook Share, 2021 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
