North America Vegan Food Market Size & Outlook, 2021-2030

The vegan food market in North America is expected to reach a projected revenue of US$ 13,529.9 million by 2030. A compound annual growth rate of 10.2% is expected of North America vegan food market from 2022 to 2030.
Revenue, 2021 (US$M)
$5,623.1
Forecast, 2030 (US$M)
$13,529.9
CAGR, 2022 - 2030
10.2%
Report Coverage
North America

North America vegan food market highlights

  • The North America vegan food market generated a revenue of USD 5,623.1 million in 2021.
  • The market is expected to grow at a CAGR of 10.2% from 2022 to 2030.
  • In terms of segment, meat & seafood was the largest revenue generating product in 2021.
  • Protein liquids and powders is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Canada is expected to register the highest CAGR from 2022 to 2030.


North America data book summary

Market revenue in 2021USD 5,623.1 million
Market revenue in 2030USD 13,529.9 million
Growth rate10.2% (CAGR from 2021 to 2030)
Largest segmentMeat & seafood
Fastest growing segmentProtein liquids and powders
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 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, North America region accounted for 37.3% of the global vegan food market in 2021.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 12,575.0 million by 2030.

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Vegan Food Market Scope

Vegan food market segmentation & scope
Meat & Seafood
Creamer
Ice cream and frozen novelties
Yogurt
Cheese
Butter
Meals
Protein liquids and powders
Protein Bars
Others
Offline
Online

Vegan Food Market Companies

Name Profile # Employees HQ Website

North America 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 29.94% in 2021. Horizon Databook has segmented the North America 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 North America 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 continent-level data and insights on the North America vegan food market , including forecasts for subscribers. This continent databook contains high-level insights into North America vegan food market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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North America vegan food market size, by country, 2017-2030 (US$M)

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

North America vegan food market size, by country, 2017-2030 (US$M)

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