Vegan Food Market Trends Include Use Of Cell-Based Technology
Vegan food market to grow at a rate of 9% through 2025
(EMAILWIRE.COM, June 02, 2021 ) One of the trends in the vegan market is the production of meat through cell-based technology. The cell-by-cell identical meat is produced in factories without involving the killing of animals. Production of cell-based meat involves feeding the animal cells with nutrients and proteins thus, eliminating the need for dependence on animals for meat. Following the trend, in 2019, Memphis Meats, a U.S.A based cell-based meat start up, received investments from Cargill, a U.S.A based food production company, for the production of cell-based vegan animal meat. Since 2016, other major players such as Tyson Foods., an U.S.A. based processor and marketer of chicken, beef, and pork, are also investing in Memphis Meats in order to support the cell -based meat production.
The vegan market consists of the sale of vegan products and related services for consumption purposes. Vegan products include food and beverages produced without the use of animal ingredients or animal-derived ingredients.
Vegan Food Market Report Segments:
1) By Product Substitute: Dairy Alternative, Meat Substitute, Others
2) By Distribution Channel: Online, Offline
3) By Source: Wheat, Soy, Oats, Almond, Others
Read More On The Global Vegan Food Market Report:
https://www.thebusinessresearchcompany.com/report/vegan-market-global-report-2020-30-covid-19-growth-and-change
Vegan Food Market Size Forecast:
The global vegan food market is expected grow from $14.44 billion in 2020 to $15.77 billion in 2021 at a compound annual growth rate (CAGR) of 9.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $22.27 billion in 2025 at a CAGR of 9%.
Major Players in the Vegan Food Market:
Amy's Kitchen
VITASOY International Holdings Ltd.
Beyond Meat
Tofutti Brands
Plamil Foods Ltd.
Danone S.A.
Vbites Foods Ltd.
Eden Foods Inc.
Whitewave Foods Company Inc
Sun Opta Inc.
Request For A Sample:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3096&type=smp
Vegan Food Global Market Report 2021: COVID 19 Growth And Change To 2030 is one of a series of new reports from The Business Research Company that provide market overviews, analyze and forecast market size and growth for the whole market, segments and geographies, trends, drivers, restraints, leading competitors’ revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Here Is A List Of Similar Reports By The Business Research Company:
Dairy Alternatives Global Market Report 2021: COVID-19 Growth And Change To 2030
https://www.thebusinessresearchcompany.com/report/dairy-alternatives-market-global-report-2020-30-covid-19-growth-and-change
Functional Foods Global Market Report 2021: COVID-19 Growth And Change To 2030
https://www.thebusinessresearchcompany.com/report/functional-food-market-global-report-2020-30-covid-19-growth-and-change
Functional Beverages Market - By Type (Energy Drinks, Sports Drinks, Nutraceutical Drinks, Dairy-Based Beverages, Juices, Enhanced Water, Others), By Function (Health And Wellness, Wealth Management), By Distribution Channel (Brick And Mortar, Specialty Foodservice Stores, Online), And By Region, Opportunities And Strategies - Global Forecast To 2023
https://www.thebusinessresearchcompany.com/report/functional-beverages-market
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The vegan market consists of the sale of vegan products and related services for consumption purposes. Vegan products include food and beverages produced without the use of animal ingredients or animal-derived ingredients.
Vegan Food Market Report Segments:
1) By Product Substitute: Dairy Alternative, Meat Substitute, Others
2) By Distribution Channel: Online, Offline
3) By Source: Wheat, Soy, Oats, Almond, Others
Read More On The Global Vegan Food Market Report:
https://www.thebusinessresearchcompany.com/report/vegan-market-global-report-2020-30-covid-19-growth-and-change
Vegan Food Market Size Forecast:
The global vegan food market is expected grow from $14.44 billion in 2020 to $15.77 billion in 2021 at a compound annual growth rate (CAGR) of 9.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $22.27 billion in 2025 at a CAGR of 9%.
Major Players in the Vegan Food Market:
Amy's Kitchen
VITASOY International Holdings Ltd.
Beyond Meat
Tofutti Brands
Plamil Foods Ltd.
Danone S.A.
Vbites Foods Ltd.
Eden Foods Inc.
Whitewave Foods Company Inc
Sun Opta Inc.
Request For A Sample:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3096&type=smp
Vegan Food Global Market Report 2021: COVID 19 Growth And Change To 2030 is one of a series of new reports from The Business Research Company that provide market overviews, analyze and forecast market size and growth for the whole market, segments and geographies, trends, drivers, restraints, leading competitors’ revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Here Is A List Of Similar Reports By The Business Research Company:
Dairy Alternatives Global Market Report 2021: COVID-19 Growth And Change To 2030
https://www.thebusinessresearchcompany.com/report/dairy-alternatives-market-global-report-2020-30-covid-19-growth-and-change
Functional Foods Global Market Report 2021: COVID-19 Growth And Change To 2030
https://www.thebusinessresearchcompany.com/report/functional-food-market-global-report-2020-30-covid-19-growth-and-change
Functional Beverages Market - By Type (Energy Drinks, Sports Drinks, Nutraceutical Drinks, Dairy-Based Beverages, Juices, Enhanced Water, Others), By Function (Health And Wellness, Wealth Management), By Distribution Channel (Brick And Mortar, Specialty Foodservice Stores, Online), And By Region, Opportunities And Strategies - Global Forecast To 2023
https://www.thebusinessresearchcompany.com/report/functional-beverages-market
Interested to know more about The Business Research Company?
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology.
Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
The Business Research Company
Email: info@tbrc.info
Follow us on LinkedIn: https://bit.ly/3b7850r
Follow us on Twitter: https://bit.ly/3b1rmjS
Check out our Blog: http://blog.tbrc.info/
Contact Information:
The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
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The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results