Vegan Supplements Market Size

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

A progressively popular lifestyle, veganism implicates abstaining from eating any animal-based products or by-products, such as meat, dairy, and eggs. It’s a thriving trend going global owing to numerous health benefits to environmental sustainability claims. A vegan diet majorly focuses on fruits, vegetables, nuts, and whole grains. The lack of animal-based products in daily diet possess a decrease in saturated and trans fat, leading to a reduced risk of health-related problems but a vegan diet plan is low in some nutrients, such as vitamin B-12, primarily present in animal products, iron, protein, omega 3 fatty acids, present in fish, fish oils, and microalgae, calcium, vitamin D3, vitamin K2, zinc, and iodine.

This has given a rise to the market which is flourishing on account of the growing need for these nutritional supplements in their dietary lifestyle.