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Vegan Food Market Size

  • Report ID: 6172
  • Published Date: Jun 13, 2024
  • Report Format: PDF, PPT

Vegan Food Market Size

Vegan Food Market size was over USD 26.8 Billion in 2023 and is predicted to reach USD 65.4 Billion by the end of 2036, growing at around 10.7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of vegan food is estimated at USD 33.1 Billion.

The reason behind the growth is the increasing awareness of fitness in people across the world. According to the National Library of Medicine published in 2023, public health initiatives have been put into place to raise awareness of the recommendations and to inform the general public about the many advantages of physical exercise.

Vegan Food Market
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Author Credits:  Parul Atri


  • Report ID: 6172
  • Published Date: Jun 13, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of vegan food was over USD 26.8 billion.

The market size for vegan food is projected to cross USD 65.4 billion by the end of 2036 expanding at a CAGR of 10.7% during the forecast period i.e., between 2024-2036.

The major players in the market are General Mills Inc., Amway Corporation, Conagra Brands Inc., Cargill Incorporated, Abbott Laboratories, Kraft Foods Group Inc., The Coca-Cola Company, PepsiCo Inc., Atkins Nutritionals Inc., Brunswick Corporation, NIPPN CORPORATION, Danone S.A, Beyond Meat, Eden Foods Inc., SunOpta, and others.

In terms of distribution channels, the supermarket segment is anticipated to account for the largest market share of 83% during 2024-2036.

The North American vegan food sector is poised to hold the highest share of 42% by 2036.
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