The Worldwide Vegan Food Industry Is Expected To Reach $91.9 Billion By 2027'

(MENAFN- PR Newswire)

DUBLIN, Dec. 19, 2022 /PRNewswire/ -- The 'vegan food: global markets' report has been added to's

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.

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.

Consumer demand is driving demand for vegan food items, which is driving up demand for producers of plant-based goods. Consumer interest in vegan food is fueled by several factors, including expanding research into the health advantages of plant-based diets, rising support from medical professionals and expanded media coverage of these advantages.

A decision by the U.S. Food and Drug Administration (FDA) favouring health claims about plant-based protein products and the growing availability of vegan food products in mainstream supermarkets as more mainstream processors enter this market are two more important factors driving growth. Pea-based vegan meat also has a sizable market share. The peais an excellent source of plant-based meat due to its reasonable price, versatility and nutritional profile,as well as its widespread availability and applicability. New developments in the vegan sector emerge every year, paving the way for a global transition to a much more just, safe and sustainable food system. The vegan industry experienced its most active growth in 2021, and many signs point to this as the beginning of a race for new vegan products on a global scale. Customers can lessen the adverse effects of the food system on the environment, reduce the risk of zoonotic disease and antibiotic resistance, and feed more people with fewer resources by producing meat from plants, fermentation or cultivation of actual animal cells. Additionally, by adopting a vegan food diet, consumers can help minimize air and water pollution, slow biodiversity loss and protect the oceans. Vegan diets are the future of the food industry, just as renewable energy sources are the future of the energy industry. As the international community works to reduce climate risks, vegan foods represent a vast opportunity to help humans achieve net-zero emissions, however, more funding and open-access R&D are required.

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights 2.1 Investments in the Market2.2 Vegan Food Technology Development2.3 Vegan Product Category Expansion2.4 Vegan Food Price Parity2.5 Government and Regulation

Chapter 3 Industry Overview 3.1 Technological Advancements in the Vegan Food Market3.1.1 Extrusion Technology3.1.2 Shear-Cell Technology3.1.3 3D Printing3.2 Scaling End-Product Manufacturing to Meet Demand3.3 Developments in Vegan Food Ingredients, Processing and Production3.3.1 Seeds and Crops for Vegan Food Products3.3.2 Intermediate Ingredient Processing3.3.3 End-Product Manufacturing3.4 Vegan Food Ingredients Innovation3.4.1 Alternative Protein Sources3.4.2 Innovations in Protein Ingredients3.4.3 Finished Vegan Food Product Development3.5 Next-Generation Vegan Hybrid Products3.6 Climate and Vegan Food Supply Chains3.7 Government and Regulation3.7.1 FDA Updates3.8 Recent Product Approvals

Chapter 4 Market Overview and Trends 4.1 Vegan Food Market Dynamics4.1.1 Market Drivers4.1.2 Market Restraints4.1.3 Opportunities in the Global Market

Chapter 5 Global Market Analysis 5.1 Vegan Food Market Overview

Chapter 6 Impact of the COVID-19 Pandemic 6.1 Impact of COVID-19 on the Vegan Food Market6.1.1 Ingredient Shortages and Supply Chain Disruptions6.1.2 Comparing Plant-Based Meat and Conventional Meat Performance

Chapter 7 Global Market by Category 7.1 Plant-Based Meat7.2 Plant-Based Milk7.3 Plant-Based Dairy Products7.4 Plant-Based Meals7.5 Plant-Based Condiments and Dressings7.6 Plant-Based Eggs7.7 Other Vegan Foods7.7.1 Plant-Based Snacks and Baked Goods

Chapter 8 Global Market for Plant-Based Milk 8.1 Market Overview8.2 Almond Milk8.3 Soy Milk8.4 Blended Milk8.5 Coconut Milk8.6 Other Plant-Based Milk Products8.6.1 Peanut Milk8.6.2 Oat Milk

Chapter 9 Global Market for Plant-Based Meat 9.1 What is Plant-Based Meat?9.2 Sources of Plant-Based Meat9.2.1 Soy-Based Meat9.2.2 Wheat-Based Meat9.2.3 Pea-Based Meat9.3 Market Trends9.3.1 Plant-Based Meat That is Intended be Indistinguishable from Their Animal-Based Equivalents9.3.2 So-Called Meat Analog9.3.3 Meat Extenders9.4 Product Launches9.5 Taste and Price of Plant-Based Meat9.6 Plant-Based Burger Patties9.7 Plant-Based Sausages9.8 Plant-Based Strips and Nuggets9.9 Plant-Based Patties, Slices, Fillets, Cutlets, Slides, Fingers and Crumbles

Chapter 10 Global Market for Plant-Based Dairy 10.1 Ice Cream and Frozen Novelties10.2 Creamer10.3 Yogurt10.3.1 Soy Yogurt10.3.2 Almond Yogurt10.3.3 Oat Yogurt10.3.4 Cashew Yogurt10.3.5 Hemp Yogurt10.3.6 Pea Protein Yogurt10.3.7 Coconut Yogurt10.4 Butter10.5 Cheese10.6 Other Plant-Based Dairy Products10.6.1 Plant-Based RTD10.6.2 Plant-Based Spreads

Chapter 11 Global Market by Distribution Channel 11.1 Overview11.2 Health Food Stores11.3 Specialty Gourmet11.4 Conventional Multi Outlet Channel (MULO)

Chapter 12 North American Market for Vegan Food

Chapter 13 European Market for Vegan Food

Chapter 14 Asia-Pacific Market for Vegan Food

Chapter 15 Latin American Market for Vegan Food

Chapter 16 Middle Eastern & African Market for Vegan Food

Chapter 17 Investments in the Vegan Food Market 17.1 Overview17.2 Funding Vegan Foods as a Climate Solution17.2.1 Deal Types and Key Funding Rounds

Chapter 18 Competitive Landscape 18.1 Large Food Companies18.2 Animal-Based Meat Companies18.3 Animal-Based Seafood Companies18.4 Private-Label Launches and Expansions by Retailers18.5 Food Service Growth, Partnerships and Expansion18.6 Co-branding in Food Service18.7 Plant-Based Meat Works toward Price Parity

Chapter 19 Company Profiles

  • Allplants
  • Anuvia Plant Nutrients
  • Atlast Food
  • Beyond Meat Inc.
  • Daring Foods
  • Eat Just Inc.
  • Future Farm LLC
  • Gathered Foods
  • Good Catch
  • Green Monday Holdings
  • Impossible Foods Inc.
  • Kite Hill
  • Livekindly Co. Inc.
  • Meati Foods Inc.
  • Motif
  • Miyoko's Kitchen
  • Nature's Fynd
  • Planted Foods
  • Puris Foods
  • Simple Feast
  • V2Food

Chapter 20 Vegan Food Product Launches

For more information about this report visit

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