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Packaged Vegan Foods Market Size, Trends, Analysis, and Outlook By Product (Dairy alternatives, Meat alternatives & packaged vegan meals, Vegan bakery & confectionery products, Others), By Distribution Channel (Supermarket/ Hypermarkets, Convenience Stores, Online Stores, Others), by Country, Segment, and Companies, 2024-2032

October 2024 | 190 pages | ID: P25AA7E6FAE3EN
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Global Packaged Vegan Foods Market Size is valued at $12.5 Billion in 2024 and is forecast to register a growth rate (CAGR) of 9.4% to reach $25.6 Billion by 2032.

The packaged vegan foods market is witnessing significant growth, driven by the rising popularity of plant-based diets among consumers. As more individuals seek healthier, environmentally friendly food options, packaged vegan products are gaining traction for their convenience and versatility. The trend towards clean labels is influencing purchasing behavior, with consumers favoring brands that offer organic and minimally processed ingredients. Additionally, innovations in flavor and texture are expanding the market, as manufacturers develop vegan alternatives to traditional favorites, further enticing a diverse range of consumers to embrace vegan options.

Packaged Vegan Foods Market Drivers, Trends, Opportunities, and Growth Opportunities

The comprehensive report presents unique market trends and challenges shaping the outlook for industry stakeholders. The Future of Packaged Vegan Foods survey report provides the market size outlook across types, applications, and segments globally and regionally. It also offers data-driven insights and actionable recommendations for companies in the Packaged Vegan Foods industry.

Key market trends defining the global Packaged Vegan Foods demand in 2025 and Beyond

The Packaged Vegan Foods industry remains an attractive hub for both domestic and global vendors. As we enter 2025, demand from end-user sectors, changes in consumption patterns, new product launches, and widening distribution channels will play major roles.

Packaged Vegan Foods Market Segmentation- Industry Share, Market Size, and Outlook to 2032

Rising demand for diverse products and applications fuels the increased investments in niche segments. Leading companies focus on generating a large share of their future revenue growth by expanding into these niche segments. The report presents a market size outlook across segments, supporting companies scaling up production with a focus on potential countries.

Key strategies adopted by companies within the Packaged Vegan Foods industry

Leading Packaged Vegan Foods companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions. In particular, companies that leverage advanced technologies to achieve operational excellence are set to gain significant revenues. The report details the key strategies adopted by the top 10 Packaged Vegan Foods companies.

Packaged Vegan Foods Market Study- Strategic Analysis Review

The market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions.

- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.

- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.

- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.

- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Packaged Vegan Foods Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Packaged Vegan Foods industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.

Packaged Vegan Foods Country Analysis and Revenue Outlook to 2032

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.

North America Packaged Vegan Foods Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Packaged Vegan Foods market segments. Similarly, strong market demand encourages Canadian Packaged Vegan Foods companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Packaged Vegan Foods Market Size Outlook- Companies investing in assessing consumers, categories, competitors, and capabilities.

The German Packaged Vegan Foods industry remains the major market for companies in the European Packaged Vegan Foods industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Packaged Vegan Foods market fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and addressing niche consumer segments.

Asia Pacific Packaged Vegan Foods Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing pool of consumer base, robust consumption expenditure, and increasing investments in manufacturing drive the demand for Packaged Vegan Foods in Asia Pacific. In particular, China, India, and South East Asian Packaged Vegan Foods markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Packaged Vegan Foods Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to higher purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Packaged Vegan Foods Market Size Outlook- continues its upward trajectory across segments.

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Packaged Vegan Foods market potential. Fuelled by increasing consumption expenditure of individuals and growing population drive the demand for Packaged Vegan Foods.

Packaged Vegan Foods Company Profiles

The global Packaged Vegan Foods market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. The leading companies included in the study are Archer Daniels Midland Company (ADM), Beyond Meat Inc, Blue Diamond Growers, Campbell Soup Co., Conagra Brands Inc, Danone SA, DR. Mcdougalls Right Foods, Earths Own Food Co. Inc, Eden Foods Inc, Edward and Sons Trading Co., General Mills Inc, Kellogg Co., Otsuka Holdings Co. Ltd, Post Holdings Inc, Ripple Foods PBC.

Recent Packaged Vegan Foods Market Developments

The global Packaged Vegan Foods market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Packaged Vegan Foods Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Product

Dairy alternatives

Meat alternatives & packaged vegan meals

Vegan bakery & confectionery products

Others

By Distribution Channel

Supermarket/ Hypermarkets

Convenience Stores

Online Stores

Others

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Archer Daniels Midland Company (ADM)

Beyond Meat Inc

Blue Diamond Growers

Campbell Soup Co.

Conagra Brands Inc

Danone SA

DR. Mcdougalls Right Foods

Earths Own Food Co. Inc

Eden Foods Inc

Edward and Sons Trading Co.

General Mills Inc

Kellogg Co.

Otsuka Holdings Co. Ltd

Post Holdings Inc

Ripple Foods PBC

Formats Available: Excel, PDF, and PPT
CHAPTER 1: EXECUTIVE SUMMARY

1.1 Study Scope
1.2 Market Definition
1.3 Report Guide
  1.3.1 Country Coverage
  1.3.2 Companies Profiled
  1.3.3 Study Period: 2018 to 2023 and 2024 to 2032
  1.3.4 Units
1.4 Abbreviations

CHAPTER 2. PACKAGED VEGAN FOODS MARKET OVERVIEW- 2025

2.1 An Introduction to the Global Packaged Vegan Foods Markets
2.2 Key Statistics
2.3 Region Benchmarking, 2024
2.4 Country Positioning Matrix, 2024

CHAPTER 3. STRATEGIC ANALYSIS REVIEW

3.1 Packaged Vegan Foods Industry Stakeholders
3.2 Value Chain Analysis
3.3 Porter’s Five Forces Analysis
3.4 SWOT Profile
3.5 Recent Market Developments

CHAPTER 4. IMPACT ANALYSIS AND SCENARIO FORECASTS

4.1 Russia-Ukraine Conflict Analysis
4.2 COVID-19: Post Pandemic Recovery Analysis
4.3 US Inflation and Sluggish Growth in China
4.4 Focus on Sustainability
4.5 Low Growth Case Scenario: Global Packaged Vegan Foods Market Outlook to 2032
4.6 Reference Case Scenario: Global Packaged Vegan Foods Market Outlook to 2032
4.7 High Growth Case Scenario: Global Packaged Vegan Foods Market Outlook to 2032

CHAPTER 5: PACKAGED VEGAN FOODS MARKET DYNAMICS

5.1 Key Packaged Vegan Foods Market Trends
5.2 Potential Packaged Vegan Foods Market Opportunities
5.3 Key Market Challenges

CHAPTER 6: GLOBAL PACKAGED VEGAN FOODS MARKET ANALYSIS AND OUTLOOK TO 2032

6.1 Global Market Outlook by Segments, 2021 to 2032
6.2 Product
Dairy alternatives
Meat alternatives & packaged vegan meals
Vegan bakery & confectionery products
Others
Distribution Channel
Supermarket/ Hypermarkets
Convenience Stores
Online Stores
Others
6.3 Global Market Outlook by Region, 2021 to 2032

CHAPTER 7: NORTH AMERICA PACKAGED VEGAN FOODS MARKET ANALYSIS AND OUTLOOK TO 2032

7.1 North America Market Outlook by Segments, 2021- 2032
7.2 Product
Dairy alternatives
Meat alternatives & packaged vegan meals
Vegan bakery & confectionery products
Others
Distribution Channel
Supermarket/ Hypermarkets
Convenience Stores
Online Stores
Others
7.3 North America Market Outlook by Country, 2021- 2032
  7.3.1 United States Packaged Vegan Foods Market Size Forecast, 2021- 2032
  7.3.2 Canada Packaged Vegan Foods Market Size Forecast, 2021- 2032
  7.3.3 Mexico Packaged Vegan Foods Market Size Forecast, 2021- 2032

CHAPTER 8: EUROPE PACKAGED VEGAN FOODS MARKET ANALYSIS AND OUTLOOK TO 2032

8.1 Europe Market Outlook by Segments, 2021- 2032
8.2 Product
Dairy alternatives
Meat alternatives & packaged vegan meals
Vegan bakery & confectionery products
Others
Distribution Channel
Supermarket/ Hypermarkets
Convenience Stores
Online Stores
Others
8.3 Europe Market Outlook by Country, 2021- 2032
  8.3.1 Germany Packaged Vegan Foods Market Size Forecast, 2021- 2032
  8.3.2 France Packaged Vegan Foods Market Size Forecast, 2021- 2032
  8.3.3 United Kingdom Packaged Vegan Foods Market Size Forecast, 2021- 2032
  8.3.4 Spain Packaged Vegan Foods Market Size Forecast, 2021- 2032
  8.3.5 Italy Packaged Vegan Foods Market Size Forecast, 2021- 2032
  8.3.6 Russia Packaged Vegan Foods Market Size Forecast, 2021- 2032
  8.3.7 Rest of Europe Packaged Vegan Foods Market Size Forecast, 2021- 2032

CHAPTER 9: ASIA PACIFIC PACKAGED VEGAN FOODS MARKET ANALYSIS AND OUTLOOK TO 2032

9.1 Asia Pacific Market Outlook by Segments, 2021- 2032
9.2 Product
Dairy alternatives
Meat alternatives & packaged vegan meals
Vegan bakery & confectionery products
Others
Distribution Channel
Supermarket/ Hypermarkets
Convenience Stores
Online Stores
Others
9.3 Asia Pacific Market Outlook by Country, 2021- 2032
  9.3.1 China Packaged Vegan Foods Market Size Forecast, 2021- 2032
  9.3.2 India Packaged Vegan Foods Market Size Forecast, 2021- 2032
  9.3.3 Japan Packaged Vegan Foods Market Size Forecast, 2021- 2032
  9.3.4 South Korea Packaged Vegan Foods Market Size Forecast, 2021- 2032
  9.3.5 Australia Packaged Vegan Foods Market Size Forecast, 2021- 2032
  9.3.6 South East Asia Packaged Vegan Foods Market Size Forecast, 2021- 2032
  9.3.7 Rest of Asia Pacific Packaged Vegan Foods Market Size Forecast, 2021- 2032

CHAPTER 10: SOUTH AMERICA PACKAGED VEGAN FOODS MARKET ANALYSIS AND OUTLOOK TO 2032

10.1 South America Market Outlook by Segments, 2021- 2032
10.2 Product
Dairy alternatives
Meat alternatives & packaged vegan meals
Vegan bakery & confectionery products
Others
Distribution Channel
Supermarket/ Hypermarkets
Convenience Stores
Online Stores
Others
10.3 South America Market Outlook by Country, 2021- 2032
  10.3.1 Brazil Packaged Vegan Foods Market Size Forecast, 2021- 2032
  10.3.2 Argentina Packaged Vegan Foods Market Size Forecast, 2021- 2032
  10.3.3 Rest of South America Packaged Vegan Foods Market Size Forecast, 2021- 2032

CHAPTER 11: MIDDLE EAST AND AFRICA PACKAGED VEGAN FOODS MARKET ANALYSIS AND OUTLOOK TO 2032

11.1 Middle East and Africa Market Outlook by Segments, 2021- 2032
11.2 Product
Dairy alternatives
Meat alternatives & packaged vegan meals
Vegan bakery & confectionery products
Others
Distribution Channel
Supermarket/ Hypermarkets
Convenience Stores
Online Stores
Others
11.3 Middle East and Africa Market Outlook by Country, 2021- 2032
  11.3.1 Saudi Arabia Packaged Vegan Foods Market Size Forecast, 2021- 2032
  11.3.2 The UAE Packaged Vegan Foods Market Size Forecast, 2021- 2032
  11.3.3 Rest of Middle East Packaged Vegan Foods Market Size Forecast, 2021- 2032
  11.3.4 South Africa Packaged Vegan Foods Market Size Forecast, 2021- 2032
  11.3.4 Rest of Africa Packaged Vegan Foods Market Size Forecast, 2021- 2032

CHAPTER 12: COMPETITIVE LANDSCAPE

12.1 Competitive Analysis- Product Profile, SWOT, Financial Profiles
12.2 Key Companies Profiled in the Study
12.3 Archer Daniels Midland Company (ADM)
Beyond Meat Inc
Blue Diamond Growers
Campbell Soup Co.
Conagra Brands Inc
Danone SA
DR. Mcdougalls Right Foods
Earths Own Food Co. Inc
Eden Foods Inc
Edward and Sons Trading Co.
General Mills Inc
Kellogg Co.
Otsuka Holdings Co. Ltd
Post Holdings Inc
Ripple Foods PBC

CHAPTER 13: SOURCES AND RESEARCH METHODOLOGY

13.1 Primary and Secondary Sources
13.2 Research Methodology
13.3 Data Triangulation and Validation
13.4 Assumptions and Limitations
13.5 Forecast Methodology
Appendix
A: Highlights of the Q4-2024 Version
B: Conclusion and Future Recommendations
C: Customization Options
D: Contact Information

LIST OF FIGURES

Figure 1: Country Analysis: Largest Market Share (%)- 2024 vs. 2032
Figure 2: GDP (Current Prices) Outlook by Country, 2010- 2032
Figure 3: Population Outlook by Country, 2010- 2032
Figure 4: Inflation Outlook by Country (%), 2024- 2032
Figure 5: Global Packaged Vegan Foods Market Outlook by Type, 2021- 2032
Figure 6: Global Packaged Vegan Foods Market Outlook by Application, 2021- 2032
Figure 7: Global Packaged Vegan Foods Market Outlook by Region, 2021- 2032
Figure 8: North America Packaged Vegan Foods Market Snapshot, Q4-2024
Figure 9: North America Packaged Vegan Foods Market Size Forecast by Type, 2021- 2032
Figure 10: North America Packaged Vegan Foods Market Size Forecast by Application, 2021- 2032
Figure 11: North America Packaged Vegan Foods Market Share by Country, 2023
Figure 12: Europe Packaged Vegan Foods Market Snapshot, Q4-2024
Figure 13: Europe Packaged Vegan Foods Market Size Forecast by Type, 2021- 2032
Figure 14: Europe Packaged Vegan Foods Market Size Forecast by Application, 2021- 2032
Figure 15: Europe Packaged Vegan Foods Market Share by Country, 2023
Figure 16: Asia Pacific Packaged Vegan Foods Market Snapshot, Q4-2024
Figure 17: Asia Pacific Packaged Vegan Foods Market Size Forecast by Type, 2021- 2032
Figure 18: Asia Pacific Packaged Vegan Foods Market Size Forecast by Application, 2021- 2032
Figure 19: Asia Pacific Packaged Vegan Foods Market Share by Country, 2023
Figure 20: South America Packaged Vegan Foods Market Snapshot, Q4-2024
Figure 21: South America Packaged Vegan Foods Market Size Forecast by Type, 2021- 2032
Figure 22: South America Packaged Vegan Foods Market Size Forecast by Application, 2021- 2032
Figure 23: South America Packaged Vegan Foods Market Share by Country, 2023
Figure 24: Middle East and Africa Packaged Vegan Foods Market Snapshot, Q4-2024
Figure 25: Middle East and Africa Packaged Vegan Foods Market Size Forecast by Type, 2021- 2032
Figure 26: Middle East and Africa Packaged Vegan Foods Market Size Forecast by Application, 2021- 2032
Figure 27: Middle East and Africa Packaged Vegan Foods Market Share by Country, 2023
Figure 28: United States Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 29: Canada Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 30: Mexico Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 31: Germany Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 32: France Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 33: United Kingdom Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 34: Spain Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 35: Italy Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 36: Russia Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 37: Rest of Europe Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 38: China Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 39: India Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 40: Japan Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 41: South Korea Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 42: Australia Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 43: South East Asia Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 44: Rest of APAC Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 45: Brazil Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 46: Argentina Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 47: Rest of LATAM Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 48: Saudi Arabia Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 49: UAE Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 50: South Africa Packaged Vegan Foods Market Size Outlook, $ Million, 2021- 2032
Figure 51: Research Methodology
Figure 52: Forecast Methodology

LIST OF TABLES

Table 1: Market Scope and Segmentation
Table 2: Global Packaged Vegan Foods Market Size Outlook, $Million, 2021 to 2032
Table 3: Low Case Scenario Forecasts
Table 4: Reference Case Scenario Forecasts
Table 5: High Growth Scenario Forecasts
Table 6: Global Packaged Vegan Foods Market Size Outlook by Segments, 2021- 2032
Table 7: Global Packaged Vegan Foods Market Size Outlook by Region, 2021- 2032
Table 8: Country Mapping, 2023 vs. 2032
Table 9: North America- Packaged Vegan Foods Market Outlook by Type, 2021- 2032
Table 10: North America- Packaged Vegan Foods Market Outlook by Country, 2021- 2032
Table 11: Europe - Packaged Vegan Foods Market Outlook by Type, 2021- 2032
Table 12: Europe - Packaged Vegan Foods Market Outlook by Country, 2021- 2032
Table 13: Asia Pacific - Packaged Vegan Foods Market Outlook by Type, 2021- 2032
Table 14: Asia Pacific - Packaged Vegan Foods Market Outlook by Country, 2021- 2032
Table 15: South America- Packaged Vegan Foods Market Outlook by Type, 2021- 2032
Table 16: South America- Packaged Vegan Foods Market Outlook by Country, 2021- 2032
Table 17: Middle East and Africa - Packaged Vegan Foods Market Outlook by Type, 2021- 2032
Table 18: Middle East and Africa - Packaged Vegan Foods Market Outlook by Country, 2021- 2032
Table 19: Business Snapshots of Leading Packaged Vegan Foods Companies
Table 20: Product Profiles of Leading Packaged Vegan Foods Companies
Table 21: SWOT Profiles of Leading Packaged Vegan Foods Companies


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