PPT: Vegan Food Market To Witness Huge Growth during 2020-2025

Global Vegan Food Market Research Report and Forecast 2025

Report Edition: 2020 © 2020 IMARC All Rights Reserved

Copyright © IMARC Service Pvt Ltd. All Rights Reserved

About IMARC Group

Report Description

The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Report Description and Highlights

Report Description

Global Vegan Food Market Overview: According to the latest report by IMARC Group, titled “ Vegan Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 ,� the global vegan food market size reached US$ 15.6 Billion in 2019. Vegan food consists of a variety of whole grains, as well as fruits and vegetables. They are derived or processed from plant-based sources and are also used as substitutes for regular meat and meat products. Vegan food products are rich sources of vitamins B1, C and E, folic acid, magnesium and iron while being low in cholesterol and saturated fats. On account of their high nutritional value, various celebrities and athletes are promoting the consumption of vegan products to maintain a healthy lifestyle.

Request for a free sample report: https://www.imarcgroup.com/vegan-food-market/requestsample

Report Description and Highlights

Report Description Global Vegan Food Market Trends:

The recent coronavirus pandemic (COVID-19) has significantly boosted the demand for vegan and plantbased foods. This trend can be attributed to concerns among consumers regarding the link between meat consumption and the spread of the disease, as well as the growing awareness regarding the numerous health benefits of a plant-based diet. Vegan food helps lower body weight and body mass index (BMI), lose weight, and reduce the risk of type 2 diabetes, cancer, Alzheimer’s and heart diseases.

Additionally, many non-government organizations (NGOs) are working toward promoting farm animal welfare and spreading awareness regarding the nutritional benefits of an animal-free diet.

This has resulted in the growing awareness among consumers regarding animal health and prevention of cruelty against animals and encouraged them to shift toward plant-based food products, providing a positive impact on the market. As a result, leading companies are manufacturing a wide variety of vegan food products to attract a broader consumer base. For instance, Danone S.A. has launched ice cream that is 100% plant-based and made of different ingredients such as soy, hazelnut, coconut and almond. Looking forward, the market value is projected to reach US$ 25.3 Billion by 2025, expanding at a CAGR of around 8% during 2020-2025.

Report Description and Highlights

Report Description

Global Vegan Food Market Segmentation: Breakup by Product: •

Dairy Alternatives • Cheese • Dessert • Snacks • Others

•

Meat Substitutes • Tofu • Textured Vegetable Protein • Seitan • Quorn • Others

•

Others

Based on the product, the market has been segmented into dairy alternatives (cheese, dessert, snacks and others); meat substitutes (tofu, textured vegetable protein, seitan, Quorn and others); and others.

Meat substitutes currently represent the most popular type of vegan food available in the market.

Report Description and Highlights

Report Description Breakup by Source:

• Almond • Soy • Oats • Wheat • Others On the basis of the source, the market has been segregated into almond, soy, oats, wheat and others.

At present, soy accounts for the majority of the total market share.

Breakup by Distribution Channel: • Supermarkets And Hypermarkets • Convenience Stores • Specialty Stores • Online Stores • Others The market has been analyzed on the basis of the distribution channel into supermarkets and hypermarkets, convenience stores, specialty stores, online stores, and others. Amongst these, supermarkets and hypermarkets account for the largest share in the industry.

Report Description and Highlights

Report Description Market Segmentation by Region: • • • • •

North America Europe Asia Pacific Middle East and Africa Latin America

Region-wise, Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others) exhibits a clear dominance in the market. Other major regions include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others); Latin America (Brazil, Mexico and others); and Middle East and Africa.

For more information, click here : https://www.imarcgroup.com/vegan-food-market

Report Description and Highlights

Report Description Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players.

• • • • • • • • • •

Amy's Kitchen, Inc. Beyond Meat, Inc. Daiya Foods, Inc. Danone S.A Eden Foods, Inc. Plamil Foods Ltd. Archer Daniels Midland Company Tofutti Brands, Inc. VBites Foods Limited Vitasoy Australia Products Pty Ltd.

The competitive landscape of the market has also been examined, with some of the key players being Amy's Kitchen, Inc., Beyond Meat, Inc., Daiya Foods, Inc., Danone S.A, Eden Foods, Inc., Plamil Foods Ltd., Archer Daniels Midland Company, Tofutti Brands, Inc., VBites Foods Limited and Vitasoy Australia Products Pty Ltd.

A partial List of

We are the trusted business partners to the

Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

Report Description and Highlights

Report Description

Š 2020 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

Contact Us

FOR MORE DETAILS Visit us at :

https://www.imarcgroup.com Stay With Us:

TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com