Report ID: UCMIG30I2265
Vegan Dessert Market Size, Share, Growth Analysis, By Product (Revenue, USD Million, 2016 - 2027)(Biscuits/Cookies, Cakes & Pastries, Custards & Puddings, Frozen Desserts), By Distribution Channel (Revenue, USD Million, 2016 - 2027)(Offline, HoReCa, Online), By Regional (Revenue, USD Million, 2016 - 2027)(North America, The U.S., Europe, Germany) - Industry Forecast 2025-2032
Report ID:
UCMIG30I2265 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Vegan Dessert Market Insights
Market Overview:
The global market size of vegan desserts attained a significant valuation of USD 2.77 billion in the year 2019, setting the stage for an envisaged trajectory of growth characterized by a robust Compound Annual Growth Rate (CAGR) of 10.1% spanning from 2020 to 2027. This trajectory is substantiated by an amalgamation of driving forces that collectively fuel the industry's evolution. The surging popularity of veganism and plant-based diets, coupled with an increasing awareness of the ethical and environmental implications, stands as a pivotal catalyst driving market growth. As consumers seek out cruelty-free and sustainable food options, the demand for vegan desserts is anticipated to experience sustained expansion, resonating with the growing trend of conscious consumption.
Vegan Dessert Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
To get more reports on the above market click here to
Get Free Sample
Get Free Sample
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Packaged Foods & Meats by segment aggregation, the contribution of the Packaged Foods & Meats in Food, Beverage & Tobacco and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Vegan Dessert Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
