Report Code: A15120 | Pages: NA | Mar 2023 | 976 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Vegan Marshmallows Market
Request Now !The vegan marshmallow business is gaining traction because to the growing vegan population around the world. The demand for plant-based products is growing in different parts of the world, driving manufacturers to come up with new products and flavour combinations. Additionally, marshmallow root aids in the alleviation of a sore throat. Marshmallow root has been shown in studies to provide immediate relief from respiratory symptoms.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available for Years |  2020–2027 |
 Base Year Considered |  2020 |
 Forecast Period |  2021–2027 |
 Forecast Unit |  Value (USD) |
 Segments Covered |  By Ingredients, By distribution Channel, Pricing and Region |
 Companies Covered | Freedom Confectionery, Chicago Vegan Foods, Mr. Mallo Group, The Naked Marshmallow Co., Ananda Foods Ltd. & The Marshmallowist |
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COVID-19 Impact analysis
The COVID-19 epidemic has ushered in a paradigm shift in people's eating preferences since it was declared a pandemic by the World Health Organization. Amid fears about viral transmission through animals, consumers are gradually shifting away from animal-based foods and toward plant-based foods.
Nearly 60% of all known infectious diseases in humans are spread through intimate contact with animals, according to estimates, with 3 out of 4 developing infections likely to be zoonotic in the future. As a result, customers are taking extra precautions and making the necessary dietary changes.
Furthermore, in recent months, meat production has decreased significantly. In the United States, for example, significant meat processing plants were shut down when major illness outbreaks were discovered, resulting in a 40 percent decline in swine meat processing.
In fact, vegan marshmallow sales have increased significantly in recent months. Dandies Marshmallows, which is owned by Chicago Vegan Foods, is set to enter the UK market in September 2020. These current trends are projected to create fertile ground for the market's expansion in the near future.
Top Impacting Factors
Market Trends
Key Benefits of the Report
Questions answered in the Report
Vegan Marshmallows Market Report Highlights
Aspects | Details |
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By Ingredients |
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By Distribution Channel |
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By Region |
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Key Market Players | Freedom Confectionery, Chicago Vegan Foods, Mr. Mallo Group, The Naked Marshmallow Co., Ananda Foods Ltd., The Marshmallowist |
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