The packaged vegan foods market is forecasted to grow by USD 37944.1 mn during 2024-2029, accelerating at a CAGR of 16.4% during the forecast period. The report on the packaged vegan foods market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising veganism, growing organized retail sector, and rise of private label brands.
Market Scope
Base Year
2025
End Year
2029
Series Year
2025-2029
Growth Momentum
Accelerate
YOY 2025
14.7%
CAGR
16.4%
Incremental Value
$37944.1 mn
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's packaged vegan foods market is segmented as below:
By Distribution Channel
Offline
Online
By Product
Vegan milk
Vegan meat
Others
By Geographical Landscape
Europe
North America
APAC
Middle East and Africa
South America
This study identifies the health benefits of vegan diet as one of the prime reasons driving the packaged vegan foods market growth during the next few years. Also, growing awareness of lactose intolerance conditions and growing inclination toward plant-based proteins will lead to sizable demand in the market.
The report on the packaged vegan foods market covers the following areas:
Packaged Vegan Foods Market sizing
Packaged Vegan Foods Market forecast
Packaged Vegan Foods Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading packaged vegan foods market vendors that include Amys Kitchen Inc., Annies Homegrown, Archer Daniels Midland Co., Barbaras Bakery, Beyond Meat Inc., Daiya Foods Inc., Danone SA, DR. Mcdougalls Right Foods, Eden Foods Inc., Edward and Sons Trading Co., General Mills Inc., Impossible Foods Inc., Pacific Foods of Oregon LLC, Plamil Foods Ltd., SunOpta Inc., The Tofurky Co. Inc., Tofutti Brands Inc, VBites Foods Ltd., Vegan Delight, and Vitasoy International Holdings Ltd.. Also, the packaged vegan foods market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Packaged Vegan Foods Market 2019 - 2023
Historic Market Size - Data Table on Global Packaged Vegan Foods Market 2019 - 2023 ($ million)
5.2 Distribution Channel segment analysis 2019 - 2023