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Vegan Food Market by Product Type (Dairy Alternative, Meat Substitute and others) and Distribution Channel (Offline and Online): Global Opportunity Analysis and Industry Forecast, 2019-2026

FO_196197
Pages: 245
Nov 2019 | 117 Views
 
Author(s) : Abel Thomas , Roshan Deshmukh
Tables: 113
Charts: 65
 

Vegan Food Market Outlook - 2026

The Vegan Food market size was valued at $14.2 billion in 2018 and is expected to reach $31.4 billion by 2026, registering a CAGR of 10.5% from 2019 to 2026.

Vegan food products are generally dairy free or meat free food products that are derived or processed from plant-based sources. Meat substitutes are products that resemble actual meat in terms of taste, flavor, and appearance but are healthier than meat. Such products are increasingly being used as substitutes for regular meat and meat products. They are primarily composed of ingredients such as soy, wheat, and others. Tofu is probably the most popular meat substitute and is widely used as an alternative for pork, chicken, beef, and other meats. Similarly, dairy free food & beverage products are prepared from sources such as almond, soy, rice, coconut, and others. Popularly consumed dairy alternative based products are milk, ice cream, cheese, butter, and others.

Vegan Food Market

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Increase in obesity rates all over the world, growth in health problems such as heart diseases, high blood pressure, diabetes, asthma, and others, have uplifted the overall health consciousness among consumers. This has resulted in increase in demand for different types of healthy food products including vegan food products. Moreover, over the past couple of years, there has been a surge in number of vegan population around the globe specifically in developed regions such as North America and Europe. This set of population is either lactose intolerant or highly conscious about the food intake. Thus, surge in number of vegan population coupled with rise in number of health conscious consumers drives the demand for vegan food products. 

The global vegan food market size is segmented on the basis of product type, distribution channel, and region. By product type, the market is classified into meat substitutes, dairy alternatives, and others. By distribution channel, the Vegan Food market is bifurcated into online and offline. By region, the vegan food market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, Spain, UK, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, UAE, and rest of LAMEA).

Based on product type, Vegan Food market is segmented into dairy alternative, meat substitute and others. Among these natures, the meat substitute segments accounts to higher value vegan food market share. Dairy free cheese and desserts are being considered in the dairy alternative segment. These products generally have low fat and calories, with no cholesterol content. Dairy alternative food products are generally prepared from soy, almond, rice, and other ingredients such as oat, coconut, hazelnut, cashew, and others. Relatively, food products prepared from almond milk are high priced, in comparison to other products such as soy or rice. The increase in demand for naturally prepared plant-based food products such as cheese, ice creams, butter, and others, in countries such as India and China, is driving the market for dairy alternative food in terms of value sales. Moreover, the rise in number of lactose intolerant population specifically in North America, has been another key factor in triggering the demand for dairy alternative food products among the target customers. During the vegan food market forecast period, rise in health awareness among consumers is anticipated to increase new growth opportunities for the segment.

Vegan Food Market
By Product Type

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Others segment would exhibit the highest CAGR of 13.4% during 2019-2026.

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Based on distribution channel, the Vegan Food market is segmented into offline and online. Among the distribution channel, offline segment accounts to higher value vegan food market share. Some of the key retailers such as the large, small retailer including the specialty stores have been considered in the offline stores of vegan food products. The growth of supermarket/hypermarket segment in the dairy alternative market can be attributed to the increase in adoption of supermarket and hypermarket in both the mature and emerging markets. Moreover, the one stop solution provided by these retail formats makes it a very popular option for shopping for consumers. Furthermore, these retail formats offer a wide range of products at a competitive price to customers and are usually located at easily accessible areas, which adds to overall attractiveness of this segment. Moreover, the specialty stores also fulfill immediate gratification for consumers as products bought can be taken home without waiting time.

Vegan Food Market
By Distribution Channel

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Online segment would exhibit the highest CAGR of 13.4% during 2019-2026.

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Based on region, the Vegan Food industry is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Europe has emerged to be the largest market of meat substitutes in the world. UK, Germany, France, and other countries, primarily in Western Europe, have witnessed a decline in per-capita consumption of meats since past few years. Majorly marketed food and snack products in the region include canned mock meats, ready meals, burgers, pizza, fillets, patties, sausages, meat free meatballs, and others. Competition in European meat substitute market is intense. The market comprises some of the most renowned brands of meat substitutes such as Quorn Foods, Cauldron Foods, and others. Moreover, the market has witnessed the entry of some of the renowned players from the meat food industry such as Rugenwalder Muhle in recent years. Quorn Foods, a leading player in the European meat substitute market, has focused on market extension while strengthening its production capacity to consolidate its foothold in the market. According to the World Health Organization, around 30% to 70% of the individuals in the European Union countries are overweight. UK has emerged to be the largest market of meat substitutes in the region, owing to the prevalence of highest level of obesity. Moreover, other countries in Western Europe such as Germany and France, have emerged to be major markets of meat substitute food owing to increase in health awareness and growth in adoption of vegetarianism. Thus, the surge in demand for meat substitute products, is expected to drive the vegan food market growth in Europe.

Vegan Food Market
By Region

2026
Europe 
North America
Asia-Pacific
LAMEA

Asia-Pacific would exhibit the highest CAGR of 11.8% during 2019-2026.

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Key players operating in Vegan Food industry include Sun Opta Inc., Whitewave Foods Company Inc., Hain Celestial Group Inc., Bhlue Diamond Growers, Archer Daniel Midland Company, Organic Valley Corporative, Panos Brand LLC., Pascual Group, Earth’s Own Food Company Inc., Earth’s Own Food Company Inc., Living Harvest Food Inc., and others.

Key Benefits for Vegan Food Market:

  • The report provides an extensive Vegan Food market analysis of the current and emerging market trends and opportunities.
  • The report provides detailed qualitative and quantitative analysis of the current Vegan Food market trends and future estimations that help evaluate the prevailing Vegan Food market opportunity.
  • A comprehensive analysis of the factors that drive and restrict the Vegan Food market growth.
  • An extensive vegan food market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
  • The report provides extensive qualitative insights on the potential segments or regions exhibiting favorable growth.

Vegan Food Market Segments:

By Product Type

  • Dairy Alternative
  • Meat Substitute  

By Distribution Channel

  • Offline
  • Online

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe 
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia and New Zealand
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

CHAPTER 1:    INTRODUCTION

1.1.    Report description
1.2.    Key benefits for stakeholders
1.3.    Key market segments
1.4.    Research methodology

1.4.1.    Primary research
1.4.2.    Secondary research
1.4.3.    Analyst tools and models

CHAPTER 2:    EXECUTIVE SUMMARY

2.1.    Key findings

2.1.1.    Top impacting factors
2.1.2.    Top investment pockets

2.2.    CXO perspective

CHAPTER 3:    MARKET OVERVIEW

3.1.    Market definition and scope
3.2.    Key forces shaping vegan food market
3.3.    Value chain analysis

3.3.1.    Raw Material Suppliers
3.3.2.    Vegan food Producers
3.3.3.    Distribution Platforms
3.3.4.    End Users

3.4.    Market dynamics

3.4.1.    Drivers

3.4.1.1.    Increase in obese population
3.4.1.2.    Rise in health and wellness trend among the target customers
3.4.1.3.    Increase in disposable income

3.4.2.    Restraint

3.4.2.1.    Wide availability of substitutes

3.4.3.    Opportunities

3.4.3.1.    Untapped developing markets
3.4.3.2.    Innovation in taste and flavor of dairy alternative beverages

CHAPTER 4:    VEGAN FOOD MARKET, BY PRODUCT TYPE

4.1.    Overview
4.2.    Dairy Alternative

4.2.1.    Key market trends, growth factors, and opportunities
4.2.2.    Market size and forecast, by region
4.2.3.    Market analysis by country

4.3.    Meat Substitute

4.3.1.    Key market trends, growth factors, and opportunities
4.3.2.    Market size and forecast, by region
4.3.3.    Market analysis by country

4.4.    Others

4.4.1.    Key market trends, growth factors, and opportunities
4.4.2.    Market size and forecast, by region
4.4.3.    Market analysis by country

CHAPTER 5:    VEGAN FOOD MARKET, BY DISTRIBUTION CHANNEL

5.1.    Overview
5.2.    Offline

5.2.1.    Key market trends, growth factors, and opportunities
5.2.2.    Market size and forecast, by region
5.2.3.    Market analysis by country

5.3.    Online

5.3.1.    Key market trends, growth factors, and opportunities
5.3.2.    Market size and forecast, by region
5.3.3.    Market analysis by country

CHAPTER 6:    VEGAN FOOD MARKET, BY REGION

6.1.    Overview
6.2.    North America

6.2.1.    Key market trends, growth factors, and opportunities
6.2.2.    Market size and forecast, by Product type
6.2.3.    Market size and forecast, by Distribution Channel
6.2.4.    Market analysis by country

6.2.4.1.    U.S.

6.2.4.1.1.    Market size and forecast, by Product type
6.2.4.1.2.    Market size and forecast, by Distribution channel

6.2.4.2.    Canada

6.2.4.2.1.    Market size and forecast, by Product type
6.2.4.2.2.    Market size and forecast, by Distribution channel

6.2.4.3.    Mexico

6.2.4.3.1.    Market size and forecast, by Product type
6.2.4.3.2.    Market size and forecast, by Distribution channel

6.3.    Europe

6.3.1.    Key market trends, growth factors, and opportunities
6.3.2.    Market size and forecast, by Product type
6.3.3.    Market size and forecast, by Distribution channel
6.3.4.    Market analysis by country

6.3.4.1.    Germany

6.3.4.1.1.    Market size and forecast, by Product type
6.3.4.1.2.    Market size and forecast, by Distribution channel

6.3.4.2.    France

6.3.4.2.1.    Market size and forecast, by Product type
6.3.4.2.2.    Market size and forecast, by Distribution channel

6.3.4.3.    UK

6.3.4.3.1.    Market size and forecast, by Product type
6.3.4.3.2.    Market size and forecast, by Distribution channel

6.3.4.4.    Italy

6.3.4.4.1.    Market size and forecast, by Product type
6.3.4.4.2.    Market size and forecast, by Distribution channel

6.3.4.5.    Spain

6.3.4.5.1.    Market size and forecast, by Product type
6.3.4.5.2.    Market size and forecast, by Distribution channel

6.3.4.6.    Rest of Europe

6.3.4.6.1.    Market size and forecast, by Product type
6.3.4.6.2.    Market size and forecast, by Distribution channel

6.4.    Asia-Pacific

6.4.1.    Key market trends, growth factors, and opportunities
6.4.2.    Market size and forecast, by Product type
6.4.3.    Market size and forecast, by Distribution Channel

6.4.3.1.    China

6.4.3.1.1.    Market size and forecast, by Product type
6.4.3.1.2.    Market size and forecast, by Distribution Channel

6.4.3.2.    India

6.4.3.2.1.    Market size and forecast, by Product type
6.4.3.2.2.    Market size and forecast, by Distribution Channel

6.4.3.3.    Australia

6.4.3.3.1.    Market size and forecast, by Product type
6.4.3.3.2.    Market size and forecast, by Distribution Channel

6.4.3.4.    New Zealand

6.4.3.4.1.    Market size and forecast, by Product type
6.4.3.4.2.    Market size and forecast, by Distribution Channel

6.4.3.5.    Rest of Asia-Pacific

6.4.3.5.1.    Market size and forecast, by Product type
6.4.3.5.2.    Market size and forecast, by Distribution channel

6.5.    LAMEA

6.5.1.    Key market trends, growth factors, and opportunities
6.5.2.    Market size and forecast, by Product type
6.5.3.    Market size and forecast, by Distribution Channel

6.5.3.1.    Latin America

6.5.3.1.1.    Market size and forecast, by Product type
6.5.3.1.2.    Market size and forecast, by Distribution Channel

6.5.3.2.    Middle East

6.5.3.2.1.    Market size and forecast, by Product type
6.5.3.2.2.    Market size and forecast, by Distribution channel

6.5.3.3.    Africa

6.5.3.3.1.    Market size and forecast, by Product type
6.5.3.3.2.    Market size and forecast, by Distribution Channel

CHAPTER 7:    MARKET OVERVIEW

7.1.    Top winning strategies
7.2.    Product Mapping
7.3.    Competitive Dashboard
7.4.    Competitive Heatmap
7.5.    Key developments

7.5.1.    Acquisition
7.5.2.    Business Expansion
7.5.3.    Joint Venture
7.5.4.    Product Launch

CHAPTER 8:    COMPANY PROFILES

8.1.    ARCHER DANIELS MIDLAND COMPANY

8.1.1.    Company overview
8.1.2.    Key Executive
8.1.3.    Company snapshot
8.1.4.    Operating business segments
8.1.5.    Product portfolio
8.1.6.    R&D Expenditure
8.1.7.    Business performance

8.2.    BLUE DIAMOND GROWERS

8.2.1.    Company overview
8.2.2.    Key Executive
8.2.3.    Company snapshot
8.2.4.    Product portfolio
8.2.5.    Business performance
8.2.6.    Key strategic moves and developments

8.3.    EARTH’S OWN FOOD COMPANY INC.

8.3.1.    Company overview
8.3.2.    Key Executive
8.3.3.    Company snapshot
8.3.4.    Product portfolio

8.4.    HAIN CELESTIAL GROUP, INC.

8.4.1.    Company overview
8.4.2.    Key Executive
8.4.3.    Company snapshot
8.4.4.    Operating business segments
8.4.5.    Product portfolio
8.4.6.    R&D Expenditure
8.4.7.    Business performance
8.4.8.    Key strategic moves and developments

8.5.    LIVING HARVEST FOODS INC.

8.5.1.    Company overview
8.5.2.    Key Executive
8.5.3.    Company snapshot
8.5.4.    Operating business segments
8.5.5.    Product portfolio

8.6.    Kikkoman Corporation

8.6.1.    Company overview
8.6.2.    Key Executive
8.6.3.    Company snapshot
8.6.4.    Operating business segments
8.6.5.    Product portfolio
8.6.6.    R&D Expenditure
8.6.7.    Business performance

Source: Corporate Publications and AMR Analysis

8.7.    PANOS BRANDS LLC (KONINKLIJKE WESSANEN N.V.)

8.7.1.    Company overview
8.7.2.    Key Executive
8.7.3.    Company snapshot
8.7.4.    Operating business segments
8.7.5.    Product portfolio
8.7.6.    Business performance

8.8.    PASCUAL GROUP

8.8.1.    Company overview
8.8.2.    Key Executive
8.8.3.    Company snapshot
8.8.4.    Product portfolio

8.9.    SUNOPTA INC.

8.9.1.    Company overview
8.9.2.    Key Executive
8.9.3.    Company snapshot
8.9.4.    Operating business segments
8.9.5.    Product portfolio
8.9.6.    R&D Expenditure
8.9.7.    Business performance
8.9.8.    Key strategic moves and developments

8.10.    WHITEWAVE FOODS COMPANY INC. (DANONE)

8.10.1.    Company overview
8.10.2.    Key Executive
8.10.3.    Company snapshot
8.10.4.    Operating business segments
8.10.5.    Product portfolio
8.10.6.    R&D Expenditure
8.10.7.    Business performance
8.10.8.    Key strategic moves and developments

LIST OF TABLES

TABLE 01.    GLOBAL VEGAN FOOD MARKET, BY PRODUCT TYPE, 2019-2026 ($MILLION)
TABLE 02.    DAIRY ALTERNATIVE IN VEGAN FOOD MARKET REVENUE, BY REGION 2019–2026 ($MILLION)
TABLE 03.    MEAT SUBSTITUTE IN VEGAN FOOD MARKET REVENUE, BY REGION 2019–2026 ($MILLION)
TABLE 04.    OTHERS VEGAN FOOD MARKET REVENUE, BY REGION 2019–2026 ($MILLION)
TABLE 05.    GLOBAL VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019-2026 ($MILLION)
TABLE 06.    VEGAN FOOD MARKET REVENUE IN OFFLINE STORE, BY REGION 2019–2026 ($MILLION)
TABLE 07.    VEGAN FOOD MARKET REVENUE IN ONLINE STORE, BY REGION 2019–2026 ($MILLION)
TABLE 08.    GLOBAL VEGAN FOOD MARKET REVENUE, BY REGION, 2019-2026 ($MILLION)
TABLE 09.    NORTH AMERICA VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 10.    NORTH AMERICA VEGAN FOOD MARKET VALUE, BY DISTRIBUTION CHANNEL, 2019–2026 ($MILLION)
TABLE 11.    U.S. VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 12.    U.S. VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 13.    CANADA VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 14.    CANADA VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 15.    MEXICO VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 16.    MEXICO VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 17.    EUROPE VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 18.    EUROPE VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 19.    GERMANY VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 20.    GERMANY VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 21.    FRANCE VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 22.    FRANCE VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 23.    UK VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 24.    UK VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 25.    ITALY VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 26.    ITALY VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 27.    SPAIN VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 28.    SPAIN VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 29.    REST OF EUROPE VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 30.    REST OF EUROPE VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 31.    ASIA-PACIFIC VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 32.    ASIA-PACIFIC VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 33.    CHINA VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 34.    CHINA VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 35.    INDIA VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 36.    INDIA VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 37.    AUSTRALIA VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 38.    AUSTRALIA VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 39.    NEW ZEALAND VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 40.    NEW ZEALAND VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 41.    REST OF ASIA-PACIFIC VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 42.    REST OF ASIA-PACIFIC VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 43.    LAMEA VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 44.    LAMEA VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 45.    LATIN AMERICA VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 46.    LATIN AMERICA VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 47.    MIDDLE EAST VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 48.    MIDDLE EAST VEGAN FOOD MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 49.    AFRICA VEGAN FOOD MARKET REVENUE, BY PRODUCT TYPE 2019–2026 ($MILLION)
TABLE 50.    AFRICA VEGAN FOOD MARKET VALUE, BY DISTRIBUTION CHANNEL 2019–2026 ($MILLION)
TABLE 51.    ARCHER DANIELS MIDLAND COMPANY: KEY EXECUTIVES
TABLE 52.    ARCHER DANIELS MIDLAND COMPANY: COMPANY SNAPSHOT
TABLE 53.    ARCHER DANIELS MIDLAND COMPANY: OPERATING SEGMENTS
TABLE 54.    ARCHER DANIELS MIDLAND COMPANY: PRODUCT PORTFOLIO
TABLE 55.    ARCHER DANIELS MIDLAND COMPANY: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 56.    ARCHER DANIELS MIDLAND COMPANY: NET SALES, 2016–2018 ($MILLION)
TABLE 57.    BLUE DIAMOND GROWERS: KEY EXECUTIVES
TABLE 58.    BLUE DIAMOND GROWERS: COMPANY SNAPSHOT
TABLE 59.    BLUE DIAMOND GROWERS: PRODUCT PORTFOLIO
TABLE 60.    BLUE DIAMOND GROWERS: NET SALES, 2016–2018 ($MILLION)
TABLE 61.    EARTH’S OWN FOOD COMPANY INC.: KEY EXECUTIVES
TABLE 62.    EARTH’S OWN FOOD COMPANY INC.: COMPANY SNAPSHOT
TABLE 63.    EARTH’S OWN FOOD INC.: PRODUCT PORTFOLIO
TABLE 64.    HAIN CELESTIAL INC.: KEY EXECUTIVES
TABLE 65.    HAIN CELESTIAL INC.: COMPANY SNAPSHOT
TABLE 66.    HAIN CELESTIAL INC.: OPERATING SEGMENTS
TABLE 67.    HAIN CELESTIAL INC.: PRODUCT PORTFOLIO
TABLE 68.    HAIN CELESTIAL INC.: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 69.    HAIN CELESTIAL INC.: NET SALES, 2016–2018 ($MILLION)
TABLE 70.    LIVING HARVEST FOODS INC.: KEY EXECUTIVES
TABLE 71.    LIVING HARVEST FOODS INC.: COMPANY SNAPSHOT
TABLE 72.    LIVING HARVEST FOODS INC.: OPERATING SEGMENTS
TABLE 73.    LIVING HARVEST FOODS INC.: PRODUCT PORTFOLIO
TABLE 74.    KIKKOMAN CORPORATION: KEY EXECUTIVES
TABLE 75.    KIKKOMAN CORPORATION: COMPANY SNAPSHOT
TABLE 76.    KIKKOMAN CORPORATION: OPERATING SEGMENTS
TABLE 77.    KIKKOMAN CORPORATION: PRODUCT PORTFOLIO
TABLE 78.    KIKKOMAN CORPORATION: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 79.    KIKKOMAN CORPORATION: NET SALES, 2016–2018 ($MILLION)
TABLE 80.    PANOS BRANDS LLC: KEY EXECUTIVES
TABLE 81.    PANOS BRANDS LLC: COMPANY SNAPSHOT
TABLE 82.    PANOS BRANDS LLC: OPERATING SEGMENTS
TABLE 83.    PANOS BRANDS LLC: PRODUCT PORTFOLIO
TABLE 84.    KONINKLIJKE WESSANEN N.V.: NET SALES, 2016–2018 ($MILLION)
TABLE 85.    PASCUAL GROUP: KEY EXECUTIVES
TABLE 86.    PASCUAL GROUP: COMPANY SNAPSHOT
TABLE 87.    PASCUAL GROUP: PRODUCT PORTFOLIO
TABLE 88.    SUNOPTA INC.: KEY EXECUTIVES
TABLE 89.    SUNOPTA INC.: COMPANY SNAPSHOT
TABLE 90.    SUNOPTA INC.: OPERATING SEGMENTS
TABLE 91.    SUNOPTA INC.: PRODUCT PORTFOLIO
TABLE 92.    WHITEWAVE FOODS COMPANY: KEY EXECUTIVES
TABLE 93.    WHITEWAVE FOODS COMPANY: COMPANY SNAPSHOT
TABLE 94.    WHITEWAVE FOODS COMPANY: OPERATING SEGMENTS
TABLE 95.    WHITEWAVE FOODS COMPANY: PRODUCT PORTFOLIO
TABLE 96.    DANONE: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 97.    DANONE: NET SALES, 2016–2018 ($MILLION)

LIST OF FIGURES

FIGURE 01.    KEY MARKET SEGMENTS
FIGURE 02.    EXECUTIVE SUMMARY
FIGURE 03.    TOP IMPACTING FACTORS
FIGURE 04.    TOP INVESTMENT POCKETS
FIGURE 05.    MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 06.    MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.    MODERATE THREAT OF SUBSTITUTES
FIGURE 08.    MODERATE INTENSITY OF RIVALRY
FIGURE 09.    MODERATE BARGAINING POWER OF BUYERS
FIGURE 10.    VALUE CHAIN ANALYSIS
FIGURE 11.    GLOBAL VEGAN FOOD MARKET, BY PRODUCT TYPE, 2018 ($MILLION)
FIGURE 12.    COMPARATIVE VALUE SHARE ANALYSIS OF DAIRY ALTERNATIVE IN VEGAN FOOD MARKET, BY COUNTRY,  2018 & 2026 (%)
FIGURE 13.    COMPARATIVE VALUE SHARE ANALYSIS OF MEAT SUBSTITUTE IN VEGAN FOOD MARKET, BY COUNTRY,  2018 & 2026 (%)
FIGURE 14.    COMPARATIVE VALUE SHARE ANALYSIS OF OTHERS VEGAN FOOD MARKET, BY COUNTRY,  2018 & 2026 (%)
FIGURE 15.    GLOBAL VEGAN FOOD MARKET, BY DISTRIBUTION CHANNEL, 2019-2026
FIGURE 16.    COMPARATIVE VALUE SHARE ANALYSIS OF VEGAN FOOD MARKET IN OFFLINE STORE, BY COUNTRY,  2018 & 2026 (%)
FIGURE 17.    COMPARATIVE SHARE ANALYSIS OF VEGAN FOOD MARKET REVENUE IN ONLINE STORE, BY COUNTRY,  018 & 2026 (%)
FIGURE 18.    GLOBAL VEGAN FOOD MARKET, BY REGION, 2019-2026
FIGURE 19.    U.S. VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 20.    CANADA VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 21.    MEXICO VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 22.    GERMANY VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 23.    FRANCE VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 24.    UK VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 25.    ITALY VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 26.    SPAIN VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 27.    REST OF EUROPE VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 28.    CHINA VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 29.    INDIA VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 30.    AUSTRALIA VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 31.    NEW ZEALAND VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 32.    REST OF ASIA-PACIFIC VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 33.    LATIN AMERICA VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 34.    MIDDLE EAST VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 35.    AFRICA VEGAN FOOD MARKET REVENUE, 2019-2026 ($MILLION)
FIGURE 36.    TOP WINNING STRATEGIES, BY YEAR, 2015–2019*
FIGURE 37.    TOP WINNING STRATEGIES, BY DEVELOPMENT, 2015–2019* (%)
FIGURE 38.    TOP WINNING STRATEGIES, BY COMPANY, 2015–2019*
FIGURE 39.    PRODUCT MAPPING OF TOP 10 KEY PLAYERS
FIGURE 40.    COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 41.    COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 42.    ARCHER DANIELS MIDLAND COMPANY: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 43.    ARCHER DANIELS MIDLAND COMPANY: NET SALES, 2016–2018 ($MILLION)
FIGURE 44.    ARCHER DANIELS MIDLAND COMPANY: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 45.    ARCHER DANIELS MIDLAND COMPANY: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 46.    BLUE DIAMOND GROWERS: NET SALES, 2016–2018 ($MILLION)
FIGURE 47.    HAIN CELESTIAL INC.: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 48.    HAIN CELESTIAL INC.: NET SALES, 2016–2018 ($MILLION)
FIGURE 49.    HAIN CELESTIAL INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 50.    HAIN CELESTIAL INC.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 51.    KIKKOMAN CORPORATION: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 52.    KIKKOMAN CORPORATION: NET SALES, 2016–2018 ($MILLION)
FIGURE 53.    KIKKOMAN CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 54.    KIKKOMAN CORPORATION: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 55.    KONINKLIJKE WESSANEN N.V.: NET SALES, 2016–2018 ($MILLION)
FIGURE 56.    KONINKLIJKE WESSANEN N.V.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 57.    KONINKLIJKE WESSANEN N.V.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 58.    SUNOPTA INC.: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 59.    SUNOPTA INC.: NET SALES, 2016–2018 ($MILLION)
FIGURE 60.    SUNOPTA INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 61.    SUNOPTA INC.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 62.    DANONE: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 63.    DANONE: NET SALES, 2016–2018 ($MILLION)
FIGURE 64.    DANONE: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 65.    DANONE: REVENUE SHARE BY REGION, 2018 (%)

 
 

According to the insights of the CXOs of leading companies, the rise in health and wellness trend around the globe, is one of the key factors in driving the demand for global vegan food market.

Developing countries such as India and China have witnessed an increasing demand in the vegan food market. The demand for innovative products is an important factor boosting the global vegan food market.

Leading companies in the dairy alternative market such as WhiteWave Foods Company, Sunopta Inc., and Hain Celestial Group have witnessed a significant growth in the past few years. Wide varieties of food and beverage products, launched by these players, have increased their overall consumer base. Moreover, other players operating in the market such as Panos Brands LLC, Living Harvest Foods Inc., Elden Foods Inc., Pascual Group, and others are expected to strengthen their product line with higher quality innovative products, to meet the increasing demands of the consumers. Players operating in the dairy alternatives market have focused on the development and launch of high-quality products, depending on the needs and preferences of consumers. They are regularly engaged in manufacturing of differentiated products with new taste, formulation, and flavor. Moreover, innovative marketing and positioning strategies of players have helped to increase the overall market size.  

 

 

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