
Vegan Supplements Market Share, Size, Trends, Industry Analysis Report, By Product (Vitamins, Minerals, Amino Acids, Botanical Supplements, and Others); By Form; By Distribution Channel; By Region; Segment Forecast, 2022-2030
Description
The global vegan supplements market size is expected to reach USD 32.99 billion by 2034, according to a new study by Polaris Market Research. The report “Vegan Supplements Market Share, Size, Trends, Industry Analysis Report, By Product (Vitamins, Minerals, Amino Acids, Botanical Supplements, and Others); By Form; By Distribution Channel; By Region; Segment Forecast, 2025 - 2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market's growth is related to consumers becoming more aware of the benefits of plant-based foods in terms of nutrition, such as their high levels of amino acids and low sodium content. Customers' preferences for plant-based protein supplements have evolved due to things like lowering meat consumption for food safety, food allergies, ethical considerations, and developing a vegan culture to stop animal cruelty. The market is growing as a result of the rising demand for proteins that are environmentally friendly.
The United Kingdom will be the largest market in Europe by 2034. The European Union's efforts to harmony supplement rules have boosted the growth of the total dietary supplement sector, especially vegan supplements; divergent restrictions among member states are becoming more coordinated. Some businesses that provide vegan diets also have organic and natural products in their product lines, fueling the industry even more.
Utilizing appealing packaging techniques has raised customer awareness, which has in turn, encouraged the purchase of protein supplements. For instance, the vegan society filed 16,439 products in 2021 with the vegan trademark, a staggering quantity. More than 82% of product registrations have taken place over the last five years.
Due to the global COVID-19 epidemic, many countries have been placed under lockdown. As a result, there is a greater need for vegan diets, which has helped the vegan supplement market grow. More and more people are becoming aware of the health benefits of vegan dietary supplements. In order to meet consumer demand, many supplement manufacturers were additionally compelled to increase production has boosted demand for vegan supplements, which has helped the industry's growth from a manufacturing and sales perspective.
Vegan Supplements Market Report Highlights
Vitamins were the market's largest segment in 2024. Vegan vitamins and supplements outperform synthetic or animal-based supplements in many ways, which may be a factor for most people.
By 2024, capsule supplements are anticipated to dominate the market, making them the most common application. The rapid growth of capsule goods is attributed to their ease of production and cost advantages for consumers.
The online retailer’s market share in 2024 was greater. Manufacturers are emphasizing faster means to reach clients due to increased consumer demand and a focus on core competencies.
The largest regional market was Europe. The region is leading the European market, led by the United Kingdom, by placing more emphasis on preventative healthcare.
The global players include DuPont, Jarrow Formulas, Vitamin Energy, Solgar, Deva Nutrition LLC, and Natrol.
Polaris Market Research has segmented the vegan supplements market report based on product, form, distribution channel, and region:
By Product Outlook (Revenue - USD Billion, 2020 - 2034)
Vitamins
Minerals
Amino Acids
Botanical Supplements
Others
By Form Outlook (Revenue - USD Billion, 2020 - 2034)
Powder
Liquid
Capsules
Bars
Others
By Distribution Channel Outlook (Revenue - USD Billion, 2020 - 2034)
Hypermarkets/Supermarkets
Convenience Stores
Drug Stores & Pharmacies
Health & Wellness Stores
Online Retailing
Others
By Regional Outlook (Revenue - USD Billion, 2020 - 2034)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
The market's growth is related to consumers becoming more aware of the benefits of plant-based foods in terms of nutrition, such as their high levels of amino acids and low sodium content. Customers' preferences for plant-based protein supplements have evolved due to things like lowering meat consumption for food safety, food allergies, ethical considerations, and developing a vegan culture to stop animal cruelty. The market is growing as a result of the rising demand for proteins that are environmentally friendly.
The United Kingdom will be the largest market in Europe by 2034. The European Union's efforts to harmony supplement rules have boosted the growth of the total dietary supplement sector, especially vegan supplements; divergent restrictions among member states are becoming more coordinated. Some businesses that provide vegan diets also have organic and natural products in their product lines, fueling the industry even more.
Utilizing appealing packaging techniques has raised customer awareness, which has in turn, encouraged the purchase of protein supplements. For instance, the vegan society filed 16,439 products in 2021 with the vegan trademark, a staggering quantity. More than 82% of product registrations have taken place over the last five years.
Due to the global COVID-19 epidemic, many countries have been placed under lockdown. As a result, there is a greater need for vegan diets, which has helped the vegan supplement market grow. More and more people are becoming aware of the health benefits of vegan dietary supplements. In order to meet consumer demand, many supplement manufacturers were additionally compelled to increase production has boosted demand for vegan supplements, which has helped the industry's growth from a manufacturing and sales perspective.
Vegan Supplements Market Report Highlights
Vitamins were the market's largest segment in 2024. Vegan vitamins and supplements outperform synthetic or animal-based supplements in many ways, which may be a factor for most people.
By 2024, capsule supplements are anticipated to dominate the market, making them the most common application. The rapid growth of capsule goods is attributed to their ease of production and cost advantages for consumers.
The online retailer’s market share in 2024 was greater. Manufacturers are emphasizing faster means to reach clients due to increased consumer demand and a focus on core competencies.
The largest regional market was Europe. The region is leading the European market, led by the United Kingdom, by placing more emphasis on preventative healthcare.
The global players include DuPont, Jarrow Formulas, Vitamin Energy, Solgar, Deva Nutrition LLC, and Natrol.
Polaris Market Research has segmented the vegan supplements market report based on product, form, distribution channel, and region:
By Product Outlook (Revenue - USD Billion, 2020 - 2034)
Vitamins
Minerals
Amino Acids
Botanical Supplements
Others
By Form Outlook (Revenue - USD Billion, 2020 - 2034)
Powder
Liquid
Capsules
Bars
Others
By Distribution Channel Outlook (Revenue - USD Billion, 2020 - 2034)
Hypermarkets/Supermarkets
Convenience Stores
Drug Stores & Pharmacies
Health & Wellness Stores
Online Retailing
Others
By Regional Outlook (Revenue - USD Billion, 2020 - 2034)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
126 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. U.S. Hospitality Mattress Market Insights
- 4.1. U.S. Hospitality Mattress Market – Market Snapshot
- 4.2. U.S. Hospitality Mattress Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Shift Toward Sustainable and Eco-Friendly Hospitality Solutions
- 4.2.1.2. Strong Tourism and Business Travel Ecosystem
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Initial Cost of Advanced Hospitality Mattresses
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. U.S. Hospitality Mattress Market Trends
- 4.6. Value Chain Analysis
- 5. U.S. Hospitality Mattress Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. U.S. Hospitality Mattress Market, by Type, 2020-2034 (USD Billion)
- 5.3. Innerspring
- 5.3.1. U.S. Hospitality Mattress Market, by Innerspring, by Country, 2020-2034 (USD Billion)
- 5.4. Foam
- 5.4.1. U.S. Hospitality Mattress Market, by Foam, by Country, 2020-2034 (USD Billion)
- 5.5. Hybrid
- 5.5.1. U.S. Hospitality Mattress Market, by Hybrid, by Country, 2020-2034 (USD Billion)
- 5.6. Others
- 5.6.1. U.S. Hospitality Mattress Market, by Others, by Country, 2020-2034 (USD Billion)
- 6. U.S. Hospitality Mattress Market, by Size
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. U.S. Hospitality Mattress Market, by Size, 2020-2034 (USD Billion)
- 6.3. Single
- 6.3.1. U.S. Hospitality Mattress Market, by Single, by Country, 2020-2034 (USD Billion)
- 6.4. Double
- 6.4.1. U.S. Hospitality Mattress Market, by Double, by Country, 2020-2034 (USD Billion)
- 6.5. Queen
- 6.5.1. U.S. Hospitality Mattress Market, by Queen, by Country, 2020-2034 (USD Billion)
- 6.6. King
- 6.6.1. U.S. Hospitality Mattress Market, by King, by Country, 2020-2034 (USD Billion)
- 7. U.S. Hospitality Mattress Market, by End Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. U.S. Hospitality Mattress Market, by End Use, 2020-2034 (USD Billion)
- 7.3. Hotels & Resorts
- 7.3.1. U.S. Hospitality Mattress Market, by Hotels & Resorts, by Country, 2020-2034 (USD Billion)
- 7.4. Vacation Rentals
- 7.4.1. U.S. Hospitality Mattress Market, by Vacation Rentals, by Country, 2020-2034 (USD Billion)
- 7.5. Hostels
- 7.5.1. U.S. Hospitality Mattress Market, by Hostels, by Country, 2020-2034 (USD Billion)
- 7.6. Others
- 7.6.1. U.S. Hospitality Mattress Market, by Others, by Country, 2020-2034 (USD Billion)
- 8. U.S. Hospitality Mattress Market, by Country
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. U.S. Hospitality Mattress Market Assessment, By Country, 2020-2034 (USD Billion)
- 8.3. U.S. Hospitality Mattress Market – U.S.
- 8.3.1. North America: U.S. Hospitality Mattress Market, by Type, 2020-2034 (USD Billion)
- 8.3.2. North America: U.S. Hospitality Mattress Market, by Size, 2020-2034 (USD Billion)
- 8.3.3. North America: U.S. Hospitality Mattress Market, by End Use, 2020-2034 (USD Billion)
- 9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
- 10. Company Profiles
- 10.1. Beloit Mattress Company
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Type Benchmarking
- 10.1.4. Recent Development
- 10.2. Brooklyn Bedding, LLC
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Type Benchmarking
- 10.2.4. Recent Development
- 10.3. Casper Sleep Inc.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Type Benchmarking
- 10.3.4. Recent Development
- 10.4. Comfort Sleep Bedding
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Type Benchmarking
- 10.4.4. Recent Development
- 10.5. Corsicana Mattress Company
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Type Benchmarking
- 10.5.4. Recent Development
- 10.6. King Koil Licensing Company, Inc.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Type Benchmarking
- 10.6.4. Recent Development
- 10.7. Kingsdown, Inc.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Type Benchmarking
- 10.7.4. Recent Development
- 10.8. MLILY USA
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Type Benchmarking
- 10.8.4. Recent Development
- 10.9. Purple Innovation Inc.
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Type Benchmarking
- 10.9.4. Recent Development
- 10.10. Restonic Mattress Corporation
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Type Benchmarking
- 10.10.4. Recent Development
- 10.11. Saatva Inc. (Whitestone Home Furnishings, LLC)
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Type Benchmarking
- 10.11.4. Recent Development
- 10.12. Serta Simmons Bedding, LLC
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Type Benchmarking
- 10.12.4. Recent Development
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