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    Vegan Food Market

    Vegan Food Market Size, Share, Forecast, & Trends Analysis by Type (Dairy Alternatives {Yogurt, Milk, Ice Cream, Cheese, Butter}, Meat Substitutes {Tofu, Nuggets}, Bakery Product), Distribution Channel (B2B, B2C {Convenience Store}) - Global Forecast to 2031

    Report ID:MRFB - 1041105 Pages: 320 Aug-2024 Formats*: PDF Category: Food and Beverages Delivery: 24 to 72 Hours

    The Vegan Food Market was valued at $42.6 billion in 2023. This market is expected to reach $109.4 billion by 2031 from an estimated $48.2 billion in 2024, at a CAGR of 12.4% during the forecast period from 2024 to 2031.

    Vegan Food Market Size & Forecast

    The market's growth can be attributed to several key factors, including the expanding vegan population, increasing intolerance to animal proteins, rising R&D activities, significant investments, advancements in food technology, and heightened demand for protein-rich products. However, growth is moderated by a strong preference for animal-based products and consumer demand for soy and gluten-free alternatives.

    On the other hand, the increasing adoption of vegan food in emerging markets and the rising interest in alternative proteins are likely to create growth opportunities for players operating in this market. Nonetheless, the relatively high cost of vegan food presents a substantial challenge to market growth.

    Furthermore, a prominent trend in the sector is the growing frequency of mergers and acquisitions within the vegan food industry.

    Vegan Food Market Growth Drivers

    Growing Vegan Population

    Shifts in global health and wellness concerns, ethical considerations, sustainability issues, and evolving dietary patterns are driving significant change. Over 1.5 billion people worldwide are now vegetarians (Source: Great Green Wall organization). Additionally, The World Animal Foundation (WAF) reports approximately 88 million vegans globally. In Europe, the number of vegans has surged from 1.3 million in 2016 to 2.6 million in 2020, according to the European Vegetarian Union, accounting for 3.2% of the total European population.

    This rapid increase in the vegetarian population, combined with changing lifestyles, heightened industrialization, economic development, and growing health and wellness trends, has created substantial growth opportunities for vegan food manufacturers. Rising consumer awareness of the long-term health concerns associated with animal-sourced foods further supports this market GROWTH.

    According to a 2022 survey by the Vegetarian Resource Group, approximately 6% of Americans abstain from meat and fish entirely, with this group evenly divided between vegetarians and vegans. Additionally, 12% of Americans typically consume vegetarian or vegan meals, while a larger segment, 45%, incorporate vegetarian or vegan options into their diet occasionally.

    The following vegan growth statistics provide compelling evidence of the rising global demand for vegan food:

    • In 2022, 629,000 people worldwide signed up for Veganuary, an annual challenge run by a UK nonprofit organization that promotes and educates about veganism by encouraging people to follow a vegan lifestyle for the month of January (Source: The Guardian; Veganuary).
    • In 2022, the distribution of the vegan population globally was as follows: India 13%, China 6%, the U.S. 4%, Germany 3%, Brazil 2%, and Mexico 2% (Source: World Animal Foundation).

    Planned vegetarian and vegan diets can be nutritionally adequate for all life stages, including pregnant women, children, and athletes. The Academy of Nutrition and Dietetics confirms that well-planned vegetarian and vegan diets are healthful and nutritionally sufficient. These diets are associated with a reduced risk of several health conditions, including ischemic heart disease, type 2 diabetes, hypertension, certain types of cancer, and obesity.

    Amidst growing food security challenges, the vegan food trend is gaining traction and is expected to continue attracting interest in the coming years. As food demand rises, it will likely increase proportionally or even exceed current levels due to evolving food behaviors. Additionally, F&B manufacturers across various countries are innovating with plant-based ingredients, creating new product categories and transforming existing ones. Many countries are at different stages of nutritional transition. Consequently, the expanding vegan population and the health benefits associated with these products are driving increased demand in the vegan food market.

    Vegan Food Market

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    Increasing Intolerance for Animal Proteins

    Protein intolerance is a disorder caused by reactions to ingested food proteins arising from immunological, non-immunological, metabolic, genetic, and pharmacological mechanisms. It is frequently associated with gastrointestinal symptoms. While any protein has the potential to act as an allergen, the allergenic potential of animal food proteins depends on their evolutionary distance from human proteins.

    According to the National Institute of Allergy and Infectious Diseases, 90% of food allergies are attributable to eggs, milk, fish, red meat, soy, and nuts. Additionally, a bite from the Lone Star tick can trigger an allergy to red meat, including beef and pork. This tick, which is primarily found in the Southeast U.S., from Texas to Iowa and extending into New England, has been linked to the development of red meat allergies. In infants, common allergens include cow's milk and hen's eggs, while fish and seafood are prevalent allergens in adults.

    As of 2021, lactose tolerance is notably high in Northern European countries, with Sweden and Finland reporting tolerance levels of 74% and 82%, respectively. According to the European Federation of Allergy and Airways Diseases Patients Associations (EFA), 17 million Europeans experienced food reactions in 2020, including 3.5 million individuals under the age of 25. The most common allergens include cow’s milk, eggs, fish, and shellfish. Due to the prevalence of animal protein allergies, many meat consumers are increasingly turning to meat substitutes made from vegan proteins, which is driving growth in the vegan food market.

    Vegan Food Market Trends

    Growth in Mergers & Acquisitions

    The vegan food industry is both fragmented and highly competitive, with numerous players active across various market segments. Recently, the industry has seen a surge in mergers and acquisitions as companies seek to capture a larger share of this expanding market.

    A key reason for existing food and beverage companies pursuing mergers and acquisitions is to enter or expand within the rapidly growing protein alternatives market, which offers potentially higher returns compared to other food categories. Another significant trend is the consolidation within the alternative protein sector, as companies aim to capture a larger market share and accelerate revenue growth through synergies from expanded portfolios and entry into new markets or aligned products.

    Given that the industry is still in its early stages, numerous start-ups and smaller businesses are seeking expansion capital. For instance, in 2024, Vegan Food Company (VFC) acquired TofuTown, a German organic alt-meat producer. Moreover, in 2023, VFC acquired Meatless Farm, a U.K.-based vegan meat company, and Nourish You (India) acquired One Good, an Indian vegan dairy brand.

    Vegan Food Market Opportunity

    Growing Adoption of Vegan Food in Emerging Economies

    Emerging economies, particularly China, India, South Africa, Argentina, and Brazil, are projected to be the fastest-growing markets for vegan food. This growth is driven by the increasing popularity of vegan meat and dairy alternatives, rising demand for sports nutrition products, and a large base of vegetarians in Southeast Asia. These regions are experiencing significant expansion in vegan food products due to factors such as increased urbanization, heightened health awareness, rising disposable and per capita income, and growing consumption expenditure.

    To capitalize on these opportunities, leading plant-based food manufacturers are pursuing strategies such as partnerships, acquisitions, investments, and expansions. For example, in January 2022, ADM partnered with Marfrig Global Foods to produce and market vegetable protein-based products in Brazil.

    Vegan Food Market Analysis: Key Findings

    The Dairy Alternatives Segment to Dominate the Vegan Food Market in 2024

    Based on type, the vegan food market is segmented into dairy alternatives, meat substitutes, ready-to-eat meals, bakery products, confectionery, protein bars & snacks, and other vegan foods. In 2024, the dairy alternatives segment is expected to account for the largest share of 65.6% of this market. The major share of this segment can be attributed to several factors, such as the rising prevalence of lactose intolerance, growing consumer preference for vegan diets, the nutritional benefits provided by plant-based dairy products, increasing investments in dairy alternatives, and the expanding vegan and vegetarian population.

    The Business-to-Consumer Segment to Dominate the Vegan Food Market in 2024

    Based on distribution channel, the vegan food market is segmented into business-to-business (B2B) and business-to-consumer (B2C). In 2024, the business-to-consumer segment is expected to account for the largest share of 67.9% of this market. The significant market share of this segment is due to the rapid growth in vegan food sales at established supermarkets and hypermarket chains, increasing urbanization, rising per capita disposable income, consumers' preference for shopping at brick-and-mortar stores, and the growing consumer preference for vegan food products.

    Geographical Analysis

    Based on geography, the vegan food market is majorly segmented into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, the Asia-Pacific region is anticipated to register the largest share of the market at 44.6%, followed by North America and Europe. The vegan food market in Asia-Pacific is projected to reach $21.74 billion in 2024. This large market share is driven by the growing awareness of the benefits of a plant-based diet, increased consumer concerns about the health risks associated with contaminated meat, rising health and wellness trends, higher investments in the vegan food sector, and substantial demand for a diverse range of food products from a large population base.

    Moreover, this region is poised to register the highest CAGR during the forecast period. The rapid growth of this region is primarily due to accelerated urbanization, an increasing vegetarian population, the growing presence of both local and international manufacturers, and rising government support for the food industry.

    Vegan Food Market: Key Companies

    The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted in the last three to four years. Some of the key players operating in the vegan food market are The Archer Daniels Midland Company (U.S.), Hain Celestial Group, Inc. (U.S.), SunOpta, Inc. (Canada), Danone S.A. (France), Conagra Brands, Inc. (U.S.), Axiom Foods, Inc. (U.S.), Daiya Foods Inc. (Canada), Kellogg Company (U.S.), Beyond Meat, Inc. (U.S.), Impossible Foods, Inc. (U.S.), Tofutti Brands, Inc. (U.S.), Amy's Kitchen, Inc. (U.S.), Taifun-Tofu GmbH (Germany), Atlantic Natural Foods, LLC (Part of Aft Holdings, Inc.) (U.S.), VBites Food, Ltd. (U.K.), and Nutrisoy Pty, Ltd. (Australia).

    Vegan Food Industry Overview: Latest Developments from Key Industry Players

    • In April 2024, Alpine Bio (formerly Nobell Foods, Inc.) was granted a new U.S. patent for its vegan food product containing plant-expressed recombinant casein proteins.
    • In February 2024, Heura Foods (Spain) secured EUR 40 million in Series B funding. This investment will support the company's efforts to enhance profitability and facilitate expansion into the U.K., France, and Italy.
    • In September 2022, The Better Food Foundation (U.S.) introduced its canned vegan meat in the U.S., along with other products, including cold cuts, patties, and meatballs.

    In June 2022, Tata Starbucks, a coffee chain, partnered with Imagine Meats (India) to offer vegan food options in India, including vegan sausage croissant rolls, vegan hummus kebab wraps, and vegan croissant buns.

    Vegan Food Market Research Summary

    Particulars

    Details

    Number of Pages

    ~320

    Format

    PDF

    Forecast Period

    2024–2031

    Base Year

    2023

    CAGR (Value)

    12.4%

    Market Size (Value)

    USD 109.4 Billion by 2031

    Segments Covered

    By Type

    • Dairy Alternatives
      • Yogurt
      • Milk
      • Ice Cream
      • Cheese
      • Butter
      • Other Dairy Alternatives
    • Meat Substitutes
      • Tofu
      • Sausages 
      • Ground Meat
      • Meatballs
      • Nuggets
      • Other Meat Substitutes 
    • Ready-to-eat Meals
    • Bakery Products
    • Confectionery
    • Protein Bars & Snacks
    • Other Vegan Foods

    By Distribution Channel

    • Business-to-business (B2B)
    • Business-to-consumer (B2C)
      • Modern Groceries (Supermarkets & Hypermarkets)
      • Convenience Stores
      • Online Retail Stores
      • Specialty Stores
      • Other B2C Distribution Channels

    Countries Covered

    Asia-Pacific (China, India, Japan, Australia, South Korea, Thailand, and Rest of Asia-Pacific), North America (U.S., Canada), Europe (Germany, U.K., Spain, Italy, France, Netherlands, Belgium, Austria, Poland, Portugal, and Rest of Europe), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and Middle East & Africa

    Key Companies

    The Archer Daniels Midland Company (U.S.), Hain Celestial Group, Inc. (U.S.), SunOpta, Inc. (Canada), Danone S.A. (France), Conagra Brands, Inc. (U.S.), Axiom Foods, Inc. (U.S.), Daiya Foods Inc. (Canada), Kellogg Company (U.S.), Beyond Meat, Inc. (U.S.), Impossible Foods, Inc. (U.S.), Tofutti Brands, Inc. (U.S.), Amy's Kitchen, Inc. (U.S.), Taifun-Tofu GmbH (Germany), Atlantic Natural Foods, LLC (Part of Aft Holdings, Inc.) (U.S.), VBites Food, Ltd. (U.K.), and Nutrisoy Pty, Ltd. (Australia)

    Key questions answered in the vegan food market report:

    Vegan food coverage in the report refers to plant-based food that does not contain meat, dairy, eggs, or any other animal-derived ingredients. This food is mainly prepared from plant sources, including vegetables, fruits, grains, legumes, nuts, and seeds. The different vegan food products include dairy alternatives, meat substitutes, ready-to-eat meals, bakery products, confectionery, and protein bars & snacks.

    The vegan food market study provides valuable insights, market sizes, and forecasts in terms of value by type, distribution channel, and geography.

    The vegan food market is projected to reach $109.4 billion by 2031, at a CAGR of 12.4% during the forecast period.

    The dairy alternatives segment is expected to hold a major share of 65.6% during the forecast period of 2024–2031.

    The business-to-consumer (B2C) segment is expected to witness the fastest growth during the forecast period of 2024–2031.

    The growing vegan population, increasing intolerance for animal proteins, high prevalence of lactose intolerance & allergies to cow milk, and innovation in food technology are factors supporting the growth of this market. Moreover, the growing adoption of vegan food in emerging economies and the rising demand for alternative proteins create opportunities for players operating in this market.

    The key players operating in the vegan food market are The Archer Daniels Midland Company (U.S.), Hain Celestial Group, Inc. (U.S.), SunOpta, Inc. (Canada), Danone S.A. (France), Conagra Brands, Inc. (U.S.), Axiom Foods, Inc. (U.S.), Daiya Foods Inc. (Canada), Kellogg Company (U.S.), Beyond Meat, Inc. (U.S.), Impossible Foods, Inc. (U.S.), Tofutti Brands, Inc. (U.S.), Amy's Kitchen, Inc. (U.S.), Taifun-Tofu GmbH (Germany), Atlantic Natural Foods, LLC (Part of Aft Holdings, Inc.) (U.S.), VBites Food, Ltd. (U.K.), and Nutrisoy Pty, Ltd. (Australia).

    Asia-Pacific region is slated to register the highest CAGR during the forecast period of 2024–2031. The rapid growth of this region is mainly attributed to the rising disposable income and changing lifestyle, rapid urbanization, increasing vegetarian population, rising presence of a large number of local and foreign manufacturers in the market, and rising government support for the food industry.

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    Related Tag: Vegan Food Market Vegan Products Vegan Meals Vegan Protein Bars Plant-Based Food Vegan Butter Vegan Meat
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    Food and Beverages

    1.   Introduction
        1.1.   Market Definition & Scope
        1.2.   Market Ecosystem
        1.3.   Currency
        1.4.   Key Stakeholders

    2.   Research Methodology
        2.1.   Research Approach
        2.2.   Process of Data Collection & Validation
            2.2.1.   Secondary Research
            2.2.2.   Primary Research/Interviews with Key Opinion Leaders from the Industry
        2.3.   Market Sizing and Forecast
            2.3.1.   Market Size Estimation Approach
                2.3.1.1.   Bottom-up Approach
                2.3.1.2.   Top-down Approach
            2.3.2.   Growth Forecast Approach
        2.4.   Assumptions for the Study

    3.   Executive Summary
        3.1.   Overview
        3.2.   Segmental Analysis
            3.2.1.   Vegan Food Market Assessment, by Product Type
            3.2.2.   Vegan Food Market Assessment by Distribution Channel
        3.3.   Vegan Food Market Regional Analysis
        3.4.   Competitive Landscape & Market Competitors

    4.   Market Insights
        4.1.   Overview
        4.2.   Drivers
            4.2.1.   Growing Vegan Population
            4.2.2.   Increasing Intolerance for Animal Proteins
            4.2.3.   Increasing R&D Activities, Investments, and Innovation in Food Technology
            4.2.4.   Growing Demand for Protein-rich Products
        4.3.   Restraints
            4.3.1.   Significant Preference for Animal-based Products
            4.3.2.   Consumer Preference for Soy and Gluten-free Products
        4.4.   Opportunities
            4.4.1.   Growing adoption of Vegan Food in Emerging Economies
            4.4.2.   Rising Demand for Alternative Proteins
        4.5.   Challenges
            4.5.1.   Comparatively High Price of Vegan Food
        4.6.   Key Trends
            4.6.1.   Growth in Mergers & Acquisitions in the Vegan Food Space
        4.7.   Pricing Analysis
        4.8.   Value Chain Analysis
        4.9.   Porter’s Five Forces Analysis
            4.9.1.   Bargaining Power of Suppliers
            4.9.2.   Bargaining Power of Buyers
            4.9.3.   Threat of Substitutes
            4.9.4.   Threat of New Entrants
            4.9.5.   Degree of Competition

    5.   Vegan Food Market Assessment—by Type
        5.1.   Overview
        5.2.   Dairy Alternatives
            5.2.1.   Yogurt
            5.2.2.   Milk
            5.2.3.   Ice-cream
            5.2.4.   Cheese
            5.2.5.   Butter
            5.2.6.   Other Dairy Alternatives
        5.3.   Meat Substitutes
            5.3.1.   Tofu
            5.3.2.   Sausages
            5.3.3.   Ground Meat
            5.3.4.   Meatballs
            5.3.5.   Nuggets
            5.3.6.   Other Meat Substitutes
        5.4.   Ready-to-eat Meals
        5.5.   Bakery Products
        5.6.   Confectionery
        5.7.   Protein Bars & Snacks
        5.8.   Other Vegan Foods

    6.   Vegan Food Market Assessment—by Distribution Channel
        6.1.   Overview
        6.2.   Business-To-business (B2B)
        6.3.   Business-To-consumer (B2C)
            6.3.1.   Modern Groceries (Supermarkets & Hypermarkets)
            6.3.2.   Convenience Stores
            6.3.3.   Online Retail
            6.3.4.   Specialty Stores
            6.3.5.   Other B2C Distribution Channels

    7.   Vegan Food Market Assessment—by Geography
        7.1.   Overview
        7.2.   North America
            7.2.1.   U.S.
            7.2.2.   Canada
        7.3.   Europe
            7.3.1.   Germany
            7.3.2.   France
            7.3.3.   U.K.
            7.3.4.   Italy
            7.3.5.   Spain
            7.3.6.   Netherlands
            7.3.7.   Belgium
            7.3.8.   Austria
            7.3.9.   Poland
            7.3.10.   Portugal
            7.3.11.   Rest of Europe (RoE)
        7.4.   Asia-Pacific
            7.4.1.   China
            7.4.2.   India
            7.4.3.   Japan
            7.4.4.   Australia
            7.4.5.   South Korea
            7.4.6.   Thailand
            7.4.7.   Rest of Asia-Pacific (RoAPAC)
        7.5.   Latin America
            7.5.1.   Brazil
            7.5.2.   Mexico
            7.5.3.   Argentina
            7.5.4.   Rest of Latin America (RoLATAM)
        7.6.   Middle East & Africa

    8.   Competition Analysis
        8.1.   Overview
        8.2.   Key Growth Strategies
        8.3.   Competitive Benchmarking
        8.4.   Competitive Dashboard
            8.4.1.   Industry Leaders
            8.4.2.   Market Differentiators
            8.4.3.   Vanguards
            8.4.4.   Emerging Companies
        8.5.   Market Share/Market Ranking Analysis, by Key Player, 2023

    9.   Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
        9.1.   The Archer Daniels Midland Company
        9.2.   Hain Celestial Group, Inc.
        9.3.   SunOpta, Inc.
        9.4.   Danone S.A.
        9.5.   Conagra Brands, Inc.
        9.6.   Axiom Foods, Inc.
        9.7.   Daiya Foods Inc.
        9.8.   Kellogg Company
        9.9.   Beyond Meat, Inc.
        9.10.   Impossible Foods, Inc.
        9.11.   Tofutti Brands, Inc.
        9.12.   Amy's Kitchen, Inc.
        9.13.   Taifun-Tofu GmbH
        9.14.   Atlantic Natural Foods, LLC (Part of Aft Holdings, Inc.)
        9.15.   VBites Food, Ltd.
        9.16.   Nutrisoy Pty, Ltd.
        9.17.   Other Companies
                  (Note: SWOT Analysis of the Top 5 Companies Will Be Provided)

    10.   Appendix
        10.1.   Questionnaire
        10.2.   Available Customization

    List of Tables            
    Table 1     Global Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 2     Global Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 3     Global Dairy Alternatives Market, by Country/Region, 2022–2031 (USD Million)
    Table 4     Global Vegan Yogurt Market, by Country/Region, 2022–2031 (USD Million)
    Table 5     Global Vegan Milk Market, by Country/Region, 2022–2031 (USD Million)
    Table 6     Global Vegan Ice Cream Market, by Country/Region, 2022–2031 (USD Million)
    Table 7     Global Vegan Cheese Market, by Country/Region, 2022–2031 (USD Million)
    Table 8     Global Vegan Butter Market, by Country/Region, 2022–2031 (USD Million)
    Table 9     Global Other Dairy Alternatives Market, by Country/Region, 2022–2031 (USD Million)
    Table 10    Global Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 11    Global Meat Substitutes Market, by Country/Region, 2022–2031 (USD Million)
    Table 12    Global Tofu Market, by Country/Region, 2022–2031 (USD Million)
    Table 13    Global Vegan Sausages Market, by Country/Region, 2022–2031 (USD Million)
    Table 14    Global Vegan Ground Meat Market, by Country/Region, 2022–2031 (USD Million)
    Table 15    Global Vegan Meatballs Market, by Country/Region, 2022–2031 (USD Million)
    Table 16    Global Vegan Nuggets Market, by Country/Region, 2022–2031 (USD Million)
    Table 17    Global Other Meat Substitutes Market, by Country/Region, 2022–2031 (USD Million)
    Table 18    Global Vegan Ready-to-eat Meals Market, by Country/Region, 2022–2031 (USD Million)
    Table 19    Global Vegan Bakery Products Market, by Country/Region, 2022–2031 (USD Million)
    Table 20    Global Vegan Confectionery Market, by Country/Region, 2022–2031 (USD Million)
    Table 21    Global Vegan Protein Bars & Snacks Market, by Country/Region, 2022–2031 (USD Million)
    Table 22    Global Other Vegan Foods Market, by Country/Region, 2022–2031 (USD Million)
    Table 23    Global Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 24    Global Business-To-Business Vegan Food Market, by Country/Region, 2022–2031 (USD Million)
    Table 25    Global Business-To-Consumer Vegan Food Market for, by Type, 2022–2031 (USD Million)
    Table 26    Global Business-To-Consumer Vegan Food Market, by Country/Region, 2022–2031 (USD Million)
    Table 27    Global Vegan Food Market for Modern Groceries, by Country/Region, 2022–2031 (USD Million)
    Table 28    Global Vegan Food Market for Convenience Stores, by Country/Region, 2022–2031 (USD Million)
    Table 29    Global Vegan Food Market for Online Retails, by Country/Region, 2022–2031 (USD Million)
    Table 30    Global Vegan Food Market for Specialty Stores, by Country/Region, 2022–2031 (USD Million)
    Table 31    Global Vegan Food Market for Other B2C Distribution Channels, by Country/Region, 2022–2031 (USD Million)
    Table 32    Global Vegan Food Market, by Region, 2022–2031 (USD Million)
    Table 33    North America: Vegan Food Market, by Country, 2022–2031 (USD Million)
    Table 34    North America: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 35    North America: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 36    North America: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 37    North America: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 38    North America: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 39    U.S.: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 40    U.S.: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 41    U.S.: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 42    U.S.: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 43    U.S.: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 44    Canada: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 45    Canada: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 46    Canada: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 47    Canada: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 48    Canada: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 49    Europe: Vegan Food Market, by Country, 2022–2031 (USD Million)
    Table 50    Europe: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 51    Europe: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 52    Europe: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 53    Europe: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 54    Europe: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 55    Germany: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 56    Germany: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 57    Germany: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 58    Germany: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 59    Germany: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 60    France: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 61    France: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 62    France: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 63    France: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 64    France: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 65    U.K.: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 66    U.K.: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 67    U.K.: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 68    U.K.: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 69    U.K.: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 70    Italy: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 71    Italy: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 72    Italy: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 73    Italy: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 74    Italy: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 75    Spain: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 76    Spain: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 77    Spain: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 78    Spain: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 79    Spain: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 80    Netherlands: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 81    Netherlands: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 82    Netherlands: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 83    Netherlands: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 84    Netherlands: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 85    Belgium: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 86    Belgium: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 87    Belgium: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 88    Belgium: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 89    Belgium: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 90    Austria: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 91    Austria: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 92    Austria: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 93    Austria: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 94    Austria: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 95    Poland: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 96    Poland: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 97    Poland: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 98    Poland: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 99    Poland: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 100    Portugal: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 101    Portugal: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 102    Portugal: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 103    Portugal: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 104    Portugal: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 105    Rest of Europe (RoE): Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 106    Rest of Europe (RoE): Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 107    Rest of Europe (RoE): Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 108    Rest of Europe (RoE): Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 109    Rest of Europe (RoE): B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 110    Asia-Pacific: Vegan Food Market, by Country, 2022–2031 (USD Million)
    Table 111    Asia-Pacific: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 112    Asia-Pacific: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 113    Asia-Pacific: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 114    Asia-Pacific: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 115    Asia-Pacific: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 116    China: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 117    China: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 118    China: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 119    China: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 120    China: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 121    India: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 122    India: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 123    India: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 124    India: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 125    India: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 126    Japan: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 127    Japan: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 128    Japan: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 129    Japan: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 130    Japan: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 131    Australia: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 132    Australia: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 133    Australia: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 134    Australia: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 135    Australia: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 136    South Korea: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 137    South Korea: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 138    South Korea: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 139    South Korea: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 140    South Korea: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 141    Thailand: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 142    Thailand: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 143    Thailand: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 144    Thailand: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 145    Thailand: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 146    Rest of Asia-Pacific (RoAPAC): Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 147    Rest of Asia-Pacific (RoAPAC): Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 148    Rest of Asia-Pacific (RoAPAC): Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 149    Rest of Asia-Pacific (RoAPAC): Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 150    Rest of Asia-Pacific (RoAPAC): B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 151    Latin America: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 152    Latin America: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 153    Latin America: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 154    Latin America: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 155    Latin America: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 156    Brazil: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 157    Brazil: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 158    Brazil: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 159    Brazil: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 160    Brazil: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 161    Mexico: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 162    Mexico: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 163    Mexico: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 164    Mexico: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 165    Mexico: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 166    Argentina: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 167    Argentina: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 168    Argentina: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 169    Argentina: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 170    Argentina: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 171    Rest of Latin America (RoLATAM): Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 172    Rest of Latin America (RoLATAM): Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 173    Rest of Latin America (RoLATAM): Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 174    Rest of Latin America (RoLATAM): Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 175    Rest of Latin America (RoLATAM): B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 176    Middle East & Africa: Vegan Food Market, by Type, 2022–2031 (USD Million)
    Table 177    Middle East & Africa: Dairy Alternatives Market, by Type, 2022–2031 (USD Million)
    Table 178    Middle East & Africa: Meat Substitutes Market, by Type, 2022–2031 (USD Million)
    Table 179    Middle East & Africa: Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 180    Middle East & Africa: B2C Vegan Food Market, by Distribution Channel, 2022–2031 (USD Million)


    List of Figures    
    Figure 1    Research Process
    Figure 2    Secondary Sources Referenced for this Study
    Figure 3    Primary Research Techniques
    Figure 4    Key Executives Interviewed
    Figure 5    Breakdown of Primary Interviews (Supply Side & Demand Side)
    Figure 6    Market Sizing and Growth Forecast Approach
    Figure 7    In 2024, The Dairy Alternative Segment to Dominate the Vegan Food Market  
    Figure 8    In 2024, The Business-To-Consumer Segment to Dominate the Vegan Food Market
    Figure 9    In 2024, Asia-Pacific to Dominate the Vegan Food Market
    Figure 10    Factors Affecting Market Growth
    Figure 11    Global Vegan Food Market, by Type, 2024 VS. 2031 (USD Million)
    Figure 12    Global Vegan Food Market, by Distribution Channel, 2024 VS. 2031 (USD Million)
    Figure 13    Vegan Food Market Size, by Region, 2024 VS. 2031 (USD Million)
    Figure 14    North America: Vegan Food Market Snapshot (2024)
    Figure 15    Europe: Vegan Food Market Snapshot (2024)
    Figure 16    Asia-Pacific: Vegan Food Market Snapshot (2024)
    Figure 17    Latin America: Vegan Food Market Snapshot (2024)
    Figure 18    Middle East & Africa: Vegan Food Market Snapshot (2024)
    Figure 19    Key Growth Strategies Adopted by Leading Players, 2020–2024
    Figure 20    Global Vegan Food Market: Competitive Benchmarking, by Type
    Figure 21    Global Vegan Food Market: Competitive Dashboard, by Key Players
    Figure 22    The Archer Daniels Midland Company: Financial Overview (2023)
    Figure 23    The Hain Celestial Group, Inc.: Financial Overview (2023)
    Figure 24    Danone Sa: Financial Overview (2023)
    Figure 25    Conagra Brands, Inc.: Financial Overview (2023)
    Figure 26    Beyond Meat Inc.: Financial Overview (2023)

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