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Global Packaged Vegan Foods Market 2016-2020

Global Packaged Vegan Foods Market 2016-2020

About Packaged Vegan Foods

Consumers adopting veganism as a way of life and those who are focusing on cutting down on animal-based dairy products prefer packaged vegan foods. Along with this, the health benefits associated with the consumption of vegan foods will predominantly driving the market demand during the forecast period. Packaged vegan foods are prepared without the use of any animal-based ingredients; they are prepared using plant-based ingredients that are low in fat and cholesterol. This helps the people following a vegan diet to avoid lifestyle-related diseases such as type 2 diabetes and heart diseases.

Technavio’s analysts forecast the global packaged vegan foods market to grow at a CAGR of 10.16% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global packaged vegan foods market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of packaged vegan foods in the key geographical regions.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • ROW
Technavio's report, Global Packaged Vegan Foods Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Amy's Kitchen
  • Beyond Meat
  • Plamil Foods
  • Tofutti Brands
  • WhiteWave Foods
Other prominent vendors
  • Annie's Homegrown
  • Barbara's Bakery
  • Dr. McDougall's Right Foods
  • Edward & Sons Trading Company
  • Galaxy Nutritional Foods
  • Pacific Foods
  • The Bridge
  • Vegan Made Delight
Market driver
  • Increasing initiatives by organizations to promote veganism.
  • For a full, detailed list, view our report
Market challenge
  • Lack of definitive regulations associated with vegan food labeling.
  • For a full, detailed list, view our report
Market trend
  • Rise in consumption of plant-based foods owing to potential health benefits.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Packaged Vegan Foods Market 2016-2020

Technavio recognizes the following companies as the key players in the global packaged vegan foods market: Amy's Kitchen, Beyond Meat, Plamil Foods, Tofutti Brands, and WhiteWave Foods.

Other prominent vendors in the market are: Annie's Homegrown, Barbara's Bakery, Dr. McDougall's Right Foods, Edward & Sons, Galaxy Nutritional Foods, Pacific Foods, The Bridge, and Vegan Made Delight.

Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is media buzz and celebrity endorsements promoting veganism. Over the last few years, the word vegan has moved ahead from an obscure cultural curiosity to a word that is being discussed widely. With more celebrities adopting the vegan lifestyle, veganism as a concept has become mainstream. For example, Bill Clinton was named as PETA's 2010 Person of the Year owing to his efforts to promote the benefits of veganism after changing his eating habits and lifestyle to improve his health and wellbeing. In 2015, Beyoncé’s was promoting the 22 Day Revolution on Good Morning America, about the health benefits of vegan diet.”

According to the report, one of the primary drivers in the market is growing concern toward animal cruelty and welfare. Most of the people across the world have become vegan either permanently or temporarily because of their compassion toward animals and the environment, and also to improve their personal health and wellbeing. Animal activists worldwide are fighting against animal cruelty. Animal cruelty in the meat, dairy, and egg industries is the key motivational factor for people to turn vegans. The cramped conditions in which chickens are kept and mulesing and slaughtering of animals while they are still conscious are among the major concerns. To increase egg production, chickens are not only housed in tight cages but also kept awake under the bright light throughout the day. It is anticipated than around 25 billion animals are slaughtered by the global meat industry every year. Due to these concerns, people all over the world have now started embracing veganism.

Further, the report states that one major challenge in the market is lack of definitive regulations associated with vegan food labeling. The lack of any definition and regulation for packaged vegan foods has led to mistrust among the consumers while purchasing any packaged vegan food. With the formulation of a legal definition of vegan foods globally, manufacturers and retailers will have a solid basis to enhance their vegan product range. This will help the consumers to trust the brands and help in forming their purchasing decision. Since 2011, EU Food Information Regulation has been looking to European Commission to define requirements for food label with suitable for vegans but till now it has failed to do. Also, in APAC, there are no definite laws for vegan food labeling. Therefore, the lack of any legal framework for vegan labeling is hindering the market growth.



Companies Mentioned

Amy's Kitchen, Beyond Meat, Plamil Foods, Tofutti Brands, WhiteWave Foods, Annie's Homegrown, Barbara's Bakery, Dr. McDougall's Right Foods, Edward & Sons, Galaxy Nutritional Foods, Pacific Foods, The Bridge, Vegan Made Delight.

  • Executive summary
    • Highlights
    • Factors impacting consumers' decisions to follow or consider a vegan diet
      • Table Factors impacting consumers' decisions to follow or consider a vegan diet
    • Regional product lifecycle for global packaged vegan foods market
      • Table Packaged vegan foods: Regional product lifecycle
    • Marketing mix for global packaged vegan foods industry
      • Table Marketing mix for global packaged vegan foods industry
  • Scope of the report
    • Market overview
      • Table Key countries in each region
      • Table Product segments in global packaged vegan foods market
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Overview of global packaged vegan foods market in 2015
  • Demographic and economic profile: World
    • Key demographic and economic indicators
      • Table World urban population 2010-2015 (billions of people)
      • Table World annual real growth of disposable income per household 2010-2014 (%)
      • Table World inflation rate measured by consumer price index 2010-2015 (%)
      • Table World GDP per capita at purchasing power parity 2010-2015 ($)
      • Table Global employment to population ratio 2010-2014 (%)
      • Table World internet penetration rate 2010-2014 (%)
  • Market landscape
    • Market overview
      • Table Overview of global packaged vegan foods market
    • Global health and wellness food market
      • Table Global health and wellness food market 2015-2020 ($ billions)
    • Global packaged vegan foods market
      • Table Global packaged vegan foods market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global packaged vegan foods market by product
      • Table Global packaged vegan foods market by product 2015 and 2020
      • Table Growth outlook for global packaged vegan foods market by product 2015-2020
    • Global packaged vegan dairy alternatives market
      • Table Global packaged vegan dairy alternatives market 2015-2020 ($ billions)
    • Global packaged vegan meals and meat alternatives market
      • Table Global packaged vegan meals and meat alternatives market 2015-2020 ($ billions)
    • Global vegan bakery and confectionery products market
      • Table Global vegan bakery and confectionery products market 2015-2020 ($ millions)
    • Global other packaged vegan foods market
      • Table Global other packaged vegan foods market 2015-2020 ($ millions)
  • Geographical segmentation
    • Global packaged vegan foods market by geography
      • Table Global packaged vegan foods market by geography 2015 and 2020
      • Table Growth outlook for global packaged vegan foods market by geography 2015-2020
    • Packaged vegan foods market in Americas
      • Table Packaged vegan foods market in Americas 2015-2020 ($ billions)
    • Packaged vegan foods market in Europe
      • Table Packaged vegan foods market in Europe 2015-2020 ($ billions)
    • Packaged vegan foods market in APAC
      • Table Packaged vegan foods market in APAC 2015-2020 ($ millions)
    • Packaged vegan foods market in ROW
      • Table Packaged vegan foods market in ROW 2015-2020 ($ millions)
      • Table Percentage share of expatriate population in Middle East (2014)
  • Market segmentation by distribution channel
    • Market segmentation of global packaged vegan foods market by distribution channel
      • Table Global packaged vegan foods market by distribution channel 2015
      • Table Number of convenience stores by country (three countries considered) 2014 and 2015
      • Table Global internet penetration rate 2015 (%)
  • Key leading countries
    • Table Key leading countries by market share (%)
    • US
      • Table Packaged vegan foods market in US 2015-2020 ($ billions)
      • Table Major market driver, challenge, and trend in US
      • Table US: Demographic and economic indicators 2012-2015
    • Germany
      • Table Packaged vegan foods market in Germany 2015-2020 ($ millions)
      • Table Major market driver, challenge, and trend in Germany
      • Table Germany: Demographic and economic indicators 2012-2015
    • UK
      • Table Packaged vegan foods market in UK 2015-2020 ($ millions)
      • Table Major market driver, challenge, and trend in UK
      • Table UK: Demographic and economic indicators 2012-2015
    • Australia
      • Table Packaged vegan foods in Australia 2015-2020 ($ millions)
      • Table Product segmentation of packaged vegan foods market in Australia in 2015
      • Table Major market driver, challenge, and trend in Australia
      • Table Australia: Demographic and economic indicators 2012-2015
  • Market drivers
    • Health benefits of veganism
    • Growing concern toward animal cruelty and welfare
    • Increased focus on environmental protection
    • Increasing initiatives by organizations to promote veganism
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Lack of definitive regulations associated with vegan food labeling
    • Nutritional deficiencies that can develop while following a vegan diet
    • Threat of contamination due to unhygienic handling and storage of raw materials
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Media buzz and celebrity endorsements promoting veganism
    • Rise in consumption of plant-based foods owing to potential health benefits
    • Decline in global red meat consumption
  • Competitor analysis
    • Competitive scenario
    • Competitive positioning assessment
      • Table Competitive positioning matrix for key packaged vegan food manufacturers in 2015
    • Strategic roadmap for manufacturers operating in the global packaged vegan foods market assessment
      • Table Strategic roadmap for manufacturers operating in the global packaged vegan foods market assessment
    • Market positioning matrix based on product portfolio and distribution network for key market players
      • Table Market positioning matrix based on product portfolio and distribution network for key market competitors
    • Geographic presence of key packaged vegan food manufacturers
      • Table Geographic presence of key packaged vegan food manufacturers
    • Amy's Kitchen
      • Table Amy's Kitchen: Product portfolio
      • Table Amy's Kitchen: Strength and weakness
    • Beyond Meat
      • Table Beyond Meat: Product portfolio
      • Table Beyond Meat: Strength and weakness
    • Plamil Foods
      • Table Plamil Foods: Product portfolio
      • Table Plamil Foods: Strengths and weakness
    • Tofutti Brands
      • Table Tofutti Brands: Product portfolio
      • Table Tofutti Brands: Strengths and weakness
    • WhiteWave Foods
      • Table WhiteWave Foods: Product portfolio
      • Table WhiteWave Foods: Strengths and weakness
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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