Vegan Food: Global Markets

Dec 2022| FOD113A| BCC Publishing

Report Highlights

The global market for vegan food was valued at $35.6 billion in 2021 and is estimated to grow from $40.1 billion in 2022 to $91.9 billion in 2027, with a compound annual growth rate (CAGR) of 18.1% for the period of 2022-2027.

Report Includes

  • 111 data tables and 40 additional tables
  • Insight into the global markets for vegan food
  • Analyses of the global and regional market trends, with historic market revenue for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
  • Highlights of the upcoming market potential for vegan food, growth driving factors, and areas of focus to forecast this market into various segments and sub-segments
  • Coverage of the technological, economic, and business considerations of the vegan food market with analyses and global market forecasts through 2027
  • Evaluation and forecast the market size for vegan food, projected growth trends, and corresponding market share analysis by product type, packaging, distribution/sales channel, and region
  • In-depth information on key technology issues, industry specific challenges, major types of end-user markets, and COVID-19 implications on the progress of this market
  • Key merger and acquisition deals, partnerships, collaborations and joint ventures as well as other strategic alliances in the global market for vegan food
  • Market share analysis of the key market participants, along with their research priorities, product portfolios, and competitive landscape
  • Descriptive company profiles of the leading global players, including Motif, Planted Foods, Simple Feast and Kite Hill.

Report Scope

This report incorporates an in-depth analysis of the vegan food market, including market estimations and trends through 2027. Major players, competitive intelligence, innovative products and technologies, market dynamics and regional opportunities are discussed in detail. The report examines recent developments and product portfolios of major players. The patent analysis focuses on technological trends in recent years in regions such as the U.S., Europe and Japan. The report presents a market analysis and estimates the compound annual growth rate (CAGR) of various vegan food markets.

This report segments the global market by these geographic regions: North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. For market estimates, data is provided for 2021 (which serves as the base year) and 2022, and it is forecast through year-end 2027.

The report also discusses the major players across each regional vegan food market. In addition, it explains the major drivers and regional dynamics of the global vegan food market and current trends within the industry. The report concludes with a particular focus on the vendor landscape and includes detailed profiles of the major vendors in the market.


Frequently Asked Questions (FAQs)

The vegan food market is projected to grow from $ 35,682 million in 2021 to $ 91,975 billion in 2027, at a compound annual growth rate (CAGR) of 18.1% during the forecast period.
The key factors driving the growth of vegan food market includes o Growing Demand For Alternative Protein Products o Changing Lifestyles And Increase In Disposable Income o Environmental and Economic Benefits Associated with Plant-based Meat Production o Growing Market for Plant Protein Products
The vegan food market is segmented on the basis of category, plant-based meat, plant-based milk, plant-based dairy, distribution channel, and region.
Plant-based milk segment will dominate the market by the end of 2027.
Europe holds the highest share in the market.
Key companies in the market includes Impossible Foods Inc., Nature's Fynd, eat just, Puris, v2Food. Beyond Meat, Daring foods, Allplants, Planted foods and others.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $35.6 billion
Market size forecast $91.9 billion
Growth rate CAGR of 18.1% from 2022-2027
Units considered $ Millions
Segments covered Type, Product, Distribution Channel
Regions covered North America, Europe, Asia-Pacific, Middle East & Africa
Key Market Drivers
  • Growing Demand for Alternative Protein Products,
  • Changing Lifestyles and Increase in Disposable Income,
  • Global Meat Consumption Has Increased Significantly in Recent Years,
  • Environmental and Economic Benefits Associated with Plant-Based Meat Production,
  • Rising Demand for Healthy,
  • Qualitative and Safe Products in the Meat Industry,
  • Growing Market for Plant Protein Products
Companies studied
  • V2FOOD

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at
Title/Chapter NamePagesMember Price
Full Report: Vegan Food: Global Markets232Free
Chapter- 1: Introduction10Free
Chapter- 2: Summary and Highlights4Free
Chapter- 3: Industry Overview13Free
Chapter- 4: Market Overview and Trends5Free
Chapter- 5: Global Market Analysis9Free
Chapter- 6: Impact of the COVID-19 Pandemic2Free
Chapter- 7: Global Market by Category17Free
Chapter- 8: Global Market for Plant-Based Milk13Free
Chapter- 9: Global Market for Plant-Based Meat16Free
Chapter- 10: Global Market for Plant-Based Dairy16Free
Chapter- 11: Global Market by Distribution Channel7Free
Chapter- 12: North American Market for Vegan Food12Free
Chapter- 13: European Market for Vegan Food17Free
Chapter- 14: Asia-Pacific Market for Vegan Food17Free
Chapter- 15: Latin American Market for Vegan Food12Free
Chapter- 16: Middle Eastern & African Market for Vegan Food12Free
Chapter- 17: Investments in the Vegan Food Market5Free
Chapter- 18: Competitive Landscape3Free
Chapter- 19: Company Profiles38Free
Chapter- 20: Vegan Food Product Launches4Free
Vegan Food: Global Markets

Single User License: $5500

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