Vegetarian Packaged Food Market
Vegetarian Packaged Food Market Global Industry Assessment & Forecast
#
Pages:
170
2021
Nov - 2021
VMR-2021-0532
Segments Covered
By
Product Type Vegan Dairy Alternatives, Packaged Vegan Meals and Meat Alternatives, Vegan Bakery and Confectionery Products, Others
-
By
Distribution Channel, Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
17.2 Billion |
 Revenue 2028:
|
40.21 Billion |
 Revenue CAGR
(2021 - 2028): |
11.2 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Product Type
Analysis: Preview On the basis of Product Type,
the market is segmented into Vegan Dairy Alternatives, Packaged Vegan Meals and Meat Alternatives, Vegan Bakery and Confectionery Products, Others. Packaged vegan dairy alternatives held the highest
share in the global Vegetarian Packaged Food
market and is projected to witness the same trend during the forecast
period. Companies in this
sector are opting to advanced technologies in their supply chain to cater the
end user requirements effectively. Distribution Channel,
Analysis: Preview
Based on Distribution Channel,,
the market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online. accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Vegetarian Packaged Food Market: Product Type Segment Analysis
-
- Vegan Dairy Alternatives
- Packaged Vegan Meals and Meat Alternatives
- Vegan Bakery and Confectionery Products
- Others
Global Vegetarian Packaged Food Market: Distribution Channel, Segment Analysis
-
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Stores
- Online
FAQ
Frequently Asked Question
What is the global demand for Vegetarian Packaged Food in terms of revenue?
-
The global Vegetarian Packaged Food valued at 17.2 Billion in 2020 and is expected to reach 40.21 Billion in 2028 growing at a CAGR of 11.2%.
Which are the prominent players in the market?
-
The prominent players in the market are Plamil Foods, Tofutti Brands, Amy's Kitchen, WhiteWave Foods, Dr. McDougall's Right Foods, Beyond Meat, Edward & Sons, The Archer Daniels Midland Company, Annie's Homegrown..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 11.2% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Vegetarian Packaged Food include
- The rising incidences of chronic diseases represent one of the primary factors boosting the sales of vegan food as it helps in maintaining the blood glucose levels and minimizing the risks of stroke, obesity, cholesterol and cancer and generating demand in the market.
- The increasing consciousness among individuals about animal health and cruelty against animals, is catalyzing the vegan food market demand and is fueling the growth of the market.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Vegetarian Packaged Food in 2020.
