Product Code: FOD113A
Highlights:
The global market for vegan food was valued at $35.6 billion in 2021 and is estimated to grow from $40.1 billion in 2022 to $91.9 billion in 2027, with a compound annual growth rate (CAGR) of 18.1% for the period of 2022-2027.
The global market for plant-based meat as a segment was valued at $9.5 billion in 2021 and is estimated to grow from $10.7 billion in 2022 to $25.2 billion in 2027, with a CAGR of 18.6% for the period of 2022-2027.
The global market for plant-based dairy products as a segment was valued at $7.7 billion in 2021 and is estimated to grow from $8.6 billion in 2022 to $20.2 billion in 2027, with a CAGR of 18.5% for the period of 2022-2027.
Report Scope:
This report incorporates an in-depth analysis of the vegan food market, including market estimations and trends through 2027. Major players, competitive intelligence, innovative products and technologies, market dynamics and regional opportunities are discussed in detail. The report examines recent developments and product portfolios of major players. The patent analysis focuses on technological trends in recent years in regions such as the U.S., Europe and Japan. The report presents a market analysis and estimates the compound annual growth rate (CAGR) of various vegan food markets.
This report segments the global market by these geographic regions: North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. For market estimates, data is provided for 2021 (which serves as the base year) and 2022, and it is forecast through year-end 2027.
The report also discusses the major players across each regional vegan food market. In addition, it explains the major drivers and regional dynamics of the global vegan food market and current trends within the industry. The report concludes with a particular focus on the vendor landscape and includes detailed profiles of the major vendors in the market.
Report Includes:
- 111 data tables and 40 additional tables
- Insight into the global markets for vegan food
- Analyses of the global and regional market trends, with historic market revenue for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the upcoming market potential for vegan food, growth driving factors, and areas of focus to forecast this market into various segments and sub-segments
- Coverage of the technological, economic, and business considerations of the vegan food market with analyses and global market forecasts through 2027
- Evaluation and forecast the market size for vegan food, projected growth trends, and corresponding market share analysis by product type, packaging, distribution/sales channel, and region
- In-depth information on key technology issues, industry specific challenges, major types of end-user markets, and COVID-19 implications on the progress of this market
- Key merger and acquisition deals, partnerships, collaborations and joint ventures as well as other strategic alliances in the global market for vegan food
- Market share analysis of the key market participants, along with their research priorities, product portfolios, and competitive landscape
- Descriptive company profiles of the leading global players, including Motif, Planted Foods, Simple Feast and Kite Hill.
Table of Contents
Chapter 1 Introduction
- 1.1 Study Goals and Objectives
- 1.2 Reasons for Doing This Study
- 1.3 Scope of Report
- 1.4 Information Sources
- 1.5 Methodology
- 1.6 Geographic Breakdown
- 1.7 Analyst's Credentials
- 1.8 BCC Custom Research
- 1.9 Related BCC Research Reports
Chapter 2 Summary and Highlights
- 2.1 Investments in the Market
- 2.2 Vegan Food Technology Development
- 2.3 Vegan Product Category Expansion
- 2.4 Vegan Food Price Parity
- 2.5 Government and Regulation
Chapter 3 Industry Overview
- 3.1 Technological Advancements in the Vegan Food Market
- 3.1.1 Extrusion Technology
- 3.1.2 Shear-Cell Technology
- 3.1.3 3D Printing
- 3.2 Scaling End-Product Manufacturing to Meet Demand
- 3.3 Developments in Vegan Food Ingredients, Processing and Production
- 3.3.1 Seeds and Crops for Vegan Food Products
- 3.3.2 Intermediate Ingredient Processing
- 3.3.3 End-Product Manufacturing
- 3.4 Vegan Food Ingredients Innovation
- 3.4.1 Alternative Protein Sources
- 3.4.2 Innovations in Protein Ingredients
- 3.4.3 Finished Vegan Food Product Development
- 3.5 Next-Generation Vegan Hybrid Products
- 3.6 Climate and Vegan Food Supply Chains
- 3.7 Government and Regulation
- 3.8 Recent Product Approvals
Chapter 4 Market Overview and Trends
- 4.1 Vegan Food Market Dynamics
- 4.1.1 Market Drivers
- 4.1.2 Market Restraints
- 4.1.3 Opportunities in the Global Market
Chapter 5 Global Market Analysis
- 5.1 Vegan Food Market Overview
Chapter 6 Impact of the COVID-19 Pandemic
- 6.1 Impact of COVID-19 on the Vegan Food Market
- 6.1.1 Ingredient Shortages and Supply Chain Disruptions
- 6.1.2 Comparing Plant-Based Meat and Conventional Meat Performance
Chapter 7 Global Market by Category
- 7.1 Plant-Based Meat
- 7.2 Plant-Based Milk
- 7.3 Plant-Based Dairy Products
- 7.4 Plant-Based Meals
- 7.5 Plant-Based Condiments and Dressings
- 7.6 Plant-Based Eggs
- 7.7 Other Vegan Foods
- 7.7.1 Plant-Based Snacks and Baked Goods
Chapter 8 Global Market for Plant-Based Milk
- 8.1 Market Overview
- 8.2 Almond Milk
- 8.3 Soy Milk
- 8.4 Blended Milk
- 8.5 Coconut Milk
- 8.6 Other Plant-Based Milk Products
- 8.6.1 Peanut Milk
- 8.6.2 Oat Milk
Chapter 9 Global Market for Plant-Based Meat
- 9.1 What is Plant-Based Meat?
- 9.2 Sources of Plant-Based Meat
- 9.2.1 Soy-Based Meat
- 9.2.2 Wheat-Based Meat
- 9.2.3 Pea-Based Meat
- 9.3 Market Trends
- 9.3.1 Plant-Based Meat That Are Intended be Indistinguishable from Their Animal-Based Equivalents
- 9.3.2 So-Called Meat Analog
- 9.3.3 Meat Extenders
- 9.4 Product Launches
- 9.5 Taste and Price of Plant-Based Meat
- 9.6 Plant -Based Burger Patties
- 9.7 Plant-Based Sausages
- 9.8 Plant-Based Strips and Nuggets
- 9.9 Plant-Based Patties, Slices, Fillets, Cutlets, Slides, Fingers and Crumbles
Chapter 10 Global Market for Plant-Based Dairy
- 10.1 Ice Cream and Frozen Novelties
- 10.2 Creamer
- 10.3 Yogurt
- 10.3.1 Soy Yogurt
- 10.3.2 Almond Yogurt
- 10.3.3 Oat Yogurt
- 10.3.4 Cashew Yogurt
- 10.3.5 Hemp Yogurt
- 10.3.6 Pea Protein Yogurt
- 10.3.7 Coconut Yogurt
- 10.4 Butter
- 10.5 Cheese
- 10.6 Other Plant-Based Dairy Products
- 10.6.1 Plant-Based RTD
- 10.6.2 Plant-Based Spreads
Chapter 11 Global Market by Distribution Channel
- 11.1 Overview
- 11.2 Health Food Stores
- 11.3 Specialty Gourmet
- 11.4 Conventional Multi Outlet Channel (MULO)
Chapter 12 North American Market for Vegan Food
- 12.1 Overview
- 12.2 Plant-Based Food in the U.S. Food Service Industry by the Numbers
- 12.3 Food Service Distribution Updates for North America
- 12.4 North American Market for Vegan Food by Distribution Channel
- 12.5 North American Market by Country
- 12.5.1 U.S.
- 12.5.2 Canada
Chapter 13 European Market for Vegan Food
- 13.1 Overview
- 13.2 Promising Commitments from Governments
- 13.3 European Market for Vegan Food by Distribution Channel
- 13.4 European Market for Vegan Food by Country
- 13.4.1 Germany
- 13.4.2 Spain
- 13.4.3 U.K.
- 13.4.4 Italy
- 13.4.5 France
- 13.4.6 Rest of the Europe
Chapter 14 Asia-Pacific Market for Vegan Food
- 14.1 Overview
- 14.2 Asia-Pacific Market for Vegan Food by Distribution Channel
- 14.3 Asia-Pacific Market for Vegan Food by Country
- 14.3.1 China
- 14.3.2 India
- 14.3.3 Japan
- 14.3.4 Indonesia
- 14.3.5 Australia
- 14.3.6 Rest of Asia-Pacific
Chapter 15 Latin American Market for Vegan Food
- 15.1 Overview
- 15.2 Latin American Market for Vegan Food by Distribution Channel
- 15.3 Latin American Market for Vegan Food by Country
- 15.3.1 Brazil
- 15.3.2 Mexico
- 15.3.3 Rest of Latin America
Chapter 16 Middle Eastern & African Market for Vegan Food
- 16.1 Overview
- 16.2 Middle East and African Market for Vegan Food by Distribution Channel
- 16.3 Middle Eastern & African Market for Vegan Food by Country
- 16.3.1 South Africa
- 16.3.2 Saudi Arabia
- 16.3.3 Qatar
- 16.3.4 Rest of the Middle Eastern and Africa
Chapter 17 Investments in the Vegan Food Market
- 17.1 Overview
- 17.2 Funding Vegan Foods as a Climate Solution
- 17.2.1 Deal Types and Key Funding Rounds
Chapter 18 Competitive Landscape
- 18.1 Large Food Companies
- 18.2 Animal-Based Meat Companies
- 18.3 Animal-Based Seafood Companies
- 18.4 Private-Label Launches and Expansions by Retailers
- 18.5 Food Service Growth, Partnerships and Expansion
- 18.6 Co-branding in Food Service
- 18.7 Plant-Based Meat Works toward Price Parity
Chapter 19 Company Profiles
- ALLPLANTS
- ANUVIA PLANT NUTRIENTS
- ATLAST FOOD
- BEYOND MEAT INC.
- DARING FOODS
- EAT JUST INC.
- FUTURE FARM LLC
- GATHERED FOODS
- GOOD CATCH
- GREEN MONDAY HOLDINGS
- IMPOSSIBLE FOODS INC.
- KITE HILL
- LIVEKINDLY CO. INC.
- MEATI FOODS INC.
- MOTIF
- MIYOKO'S KITCHEN
- NATURE'S FYND
- PLANTED FOODS
- PURIS FOODS
- SIMPLE FEAST
- V2FOOD
Chapter 20 Vegan Food Product Launches
- 20.1 Overview
- 20.2 Vegan Meat
- 20.2.1 Plant-Based Beef Product Launches
- 20.2.2 Plant-Based Seafood Product Launches
- 20.2.3 Plant-Based Chicken Product Launches
- 20.2.4 Plant-Based Pork and Other Meat Product Launches
- 20.3 Plant-Based Eggs Product Launches
- 20.4 Plant-Based Milk Product Launches
- 20.5 Plant-Based Cheese Product Launches
- 20.6 Plant-Based Other Dairy Product Launches