Market revenue in 2019 | USD 12.7 million |
Market revenue in 2027 | USD 27.4 million |
Growth rate | 10.1% (CAGR from 2019 to 2027) |
Largest segment | Sauces |
Fastest growing segment | Dressings |
Historical data | 2016 - 2018 |
Base year | 2019 |
Forecast period | 2020 - 2027 |
Quantitative units | Revenue in USD million |
Market segmentation | Spreads, Dressings, Sauces |
Key market players worldwide | Danone SA, Otsuka Pharmaceutical, Unilever PLC, B&G Foods, Meridian Foods, Amy's Kitchen, Litehouse, Majestic Garlic, Tyner Pond Farm |
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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 sauces, dressings & spreads market will help companies and investors design strategic landscapes.
Sauces was the largest segment with a revenue share of 44.09% in 2019. Horizon Databook has segmented the France vegan sauces, dressings & spreads market based on spreads, dressings, sauces covering the revenue growth of each sub-segment from 2016 to 2027.
The rising trend of veganism and flexitarian owing to the growing concerns for human health and animal welfare are expected to drive this market’s growth.
According to research conducted by Xerfi, vegetarians and vegans make up only 2% of the French population, and flexitarians make up about one-third of the population, around 23 million people in 2018. Thus, a large number of retailers and food manufacturers are shifting their focus toward vegan products, which is expanding rapidly in the country.
Sauces accounted for the largest share of 44.1% in the France vegan sauces, dressings & spreads market in 2019. The sauces segment was valued at USD 5.6 million in 2019 and is projected to reach USD 11.9 million by 2027.
Horizon Databook provides a detailed overview of country-level data and insights on the France vegan sauces, dressings & spreads market , including forecasts for subscribers. This country databook contains high-level insights into France vegan sauces, dressings & spreads market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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