Vegan food are becoming more popular because they’re easy to follow and taste delicious. They’re also good for health, as they’re full of nutrients that body needs to stay healthy. Plant-based sources of protein are a great option for those on a vegan diet, including soy products, nuts, legumes (beans, chickpeas, lentils), and tofu. They’re also rich in iron, a mineral that helps keep blood cells strong and healthy. Vitamin D and omega-3 fatty acids are also essential for health.
Market Dynamics:
The rising consumer awareness regarding the environmental impact of animal products is driving growth of vegan food market. Moreover, increasing demand for cruelty-free and organic products is also supporting the growth of this market. Several companies have entered the vegan food market and are developing innovative vegan products to gain an advantage over their competitors.
On the other hand, wide availability of substitute is expected to hamper the market growth.
Key features of the study:
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