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Vegan Food Market Size

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Report ID: 6172
Published Date: Nov 15, 2024
Report Format: PDF, PPT

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Vegan Food Market Size

Vegan Food Market size was over USD 36.95 billion in 2024 and is poised to exceed USD 176.86 billion by 2037, witnessing over 12.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of vegan food is evaluated at USD 40.73 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.

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Browse Key Market Insights with Data Illustration:

Vegan Food Market Size & Share, Growth Trends 2037

Author Credits: Parul Atri

Report ID: 6172
Published Date: Nov 15, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of vegan food is evaluated at USD 40.73 billion.

The vegan food market size was over USD 36.95 billion in 2024 and is poised to exceed USD 176.86 billion by 2037, witnessing over 12.8% CAGR during the forecast period i.e., between 2025-2037. The market growth is propelled by increasing awareness of fitness in people across the world.

North America industry is predicted to hold largest revenue share of 42% by 2037, influenced by increasing adoption of a vegan diet in the people of North America.

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.

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