Vegan Supplements Industry - Regional Synopsis
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.
North America industry is expected to hold largest revenue share by 2037, 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.
