Italy Vegan Food Market Size & Outlook, 2021-2030

The vegan food market in Italy is expected to reach a projected revenue of US$ 618.1 million by 2030. A compound annual growth rate of 9.8% is expected of Italy vegan food market from 2022 to 2030.
Revenue, 2021 (US$M)
$265.6
Forecast, 2030 (US$M)
$618.1
CAGR, 2022 - 2030
9.8%
Report Coverage
Italy

Italy vegan food market highlights

  • The Italy vegan food market generated a revenue of USD 265.6 million in 2021 and is expected to reach USD 618.1 million by 2030.
  • The Italy market is expected to grow at a CAGR of 9.8% from 2022 to 2030.
  • In terms of segment, meat & seafood was the largest revenue generating product in 2021.
  • Ice cream and frozen novelties is the most lucrative product segment registering the fastest growth during the forecast period.


Vegan food market data book summary

Market revenue in 2021USD 265.6 million
Market revenue in 2030USD 618.1 million
Growth rate9.8% (CAGR from 2021 to 2030)
Largest segmentMeat & seafood
Fastest growing segmentIce cream and frozen novelties
Historical data2017 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMeat & Seafood, Creamer, Ice cream and frozen novelties, Yogurt, Cheese, Butter, Meals, Protein liquids and powders, Protein Bars
Key market players worldwideDanone 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, Italy accounted for 1.8% 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 Europe, Germany vegan food market is projected to lead the regional market in terms of revenue in 2030.
  • France is the fastest growing regional market in Europe and is projected to reach USD 632.0 million by 2030.

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Vegan Food Market Companies

Name Profile # Employees HQ Website

Italy 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 41.72% in 2021. Horizon Databook has segmented the Italy 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.


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Target buyers of Italy 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 Italy vegan food market , including forecasts for subscribers. This country databook contains high-level insights into Italy vegan food market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Italy vegan food market size, by product, 2017-2030 (US$M)

Italy Vegan Food Market Outlook Share, 2021 & 2030 (US$M)

Italy vegan food market size, by product, 2017-2030 (US$M)

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