Vegan Food Market Revenue Drivers Growth Opportunities Supply Chain
Analysis and Forecast Research Report Till 2025
The global Vegan Food Market research report provides complete insights on industry scope, trends,
regional estimates, key application, competitive landscape and financial performance of prominent
players. It also offers ready data-driven answers to several industry-level questions. This study enables
numerous opportunities for the market players to invest in research and development.
The global vegan food market was worth USD 12.69 billion, in 2018. The market is expected to grow
with a CAGR of 9.6% over the forecast period to reach USD 24.06 billion by 2025, according to a new
report by Million Insights. Growing awareness among consumers about the benefits of a vegetarian diet
is fueling the growth of the market. Growing demand for vegan products from these regions is a key
factor supplementing the growth of the market.
The Archer Daniels Midland Company
Daiya Foods Inc.
Tofutti Brands Inc.
Plamil Foods Ltd.
VBites Foods Limited
Eden Foods Inc.
VITASOY International Holdings Limited
“The global vegan food market is expected to grow with a
CAGR of 9.6% over the forecast period to reach USD 24.06
billion by 2025, according to a new report by Million
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Animals are subjected to cruelty in the food industry. The awareness about animal health is gaining
traction among consumers owing to the increasing promotion of animal well-being from various non-
profit organizations, especially People for the Ethical Treatment of Animals (PETA). This has led to a
change in preference among consumers from animal-based food to plant-based food. As reported by
the Vegan Society, th