Vegan Supplements Market Share

Geographically, the vegan supplements market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.

The North America industry is anticipated to account for largest revenue share by 2036, attributed to rising awareness about the health benefits of going vegan, popularity of veganism since long back, availability of various health supplements, and growing campaigns against animal cruelty.

The Asia-Pacific is estimated to grow at the fastest pace led by developing economies, throughout the forecast period. Impelling demand for healthy products is expected to be the main element driving the market in this region. India is projected to observe significant progress in this category owing to a large number of vegetarian population and people shifting to veganism. The growing urbanization in South America and Asia-Pacific generates a further room for growth due to the variation in demographics and high disposable income.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of vegan supplements is assessed at USD 9.22 billion.

Vegan Supplements Market size was valued at USD 8.46 billion in 2023 and is expected to reach USD 33.63 billion by 2036, expanding at around 11.2% CAGR during the forecast period i.e., between 2024-2036.

North America industry is anticipated to account for largest revenue share by 2036, attributed to rising awareness about the health benefits of going vegan, popularity of veganism since long back, availability of various health supplements, and growing campaigns against animal cruelty.

The major players in the market are Garden of Life, Future Kind, Holland & Barrett Retail Limited, GO Healthy New Zealand Ltd., Deva Nutrition LLC, Ora Organic, Nordic Naturals, Sequel Natural Ltd., Hormel Foods Corporation, OZiva, and others.

Vegan Supplements Market Share