Vegan Sauces, Dressings & Spreads Market Size, Share, Growth Analysis, By Distribution Channels(Sauces, Spreads, Dressings), By Region - Industry Forecast 2024-2031

Global Vegan Sauces, Dressings & Spreads Market size was valued at USD 252.3 Billion in 2022 and is poised to grow from USD 276.27 Billion in 2023 to USD 571.01 Billion by 2031, at a CAGR of 9.5% during the forecast period (2024-2031).

Eggs, fish, and shellfish account for the majority of food allergies. Since food allergies are becoming more common, it is projected that the selection of vegan sauces, dressings, and spreads will grow in the upcoming years. The demand for vegan sauces, dressings, and spreads is expanding globally in response to the rising prevalence of lactose intolerance. Over 70% of the population was lactose intolerant in 2021, according to data from the "Food Intolerance Network." The demand for vegan sauces, dressings, and spreads is rising globally as allergies and intolerance are becoming more common in both adults and children. Due to growing public knowledge of the damaging effects that consuming food products made from animals has on the environment, consumers have begun embracing vegan products. It is well known that the carbon footprints of milk, honey, eggs, beef, pork, and shellfish are higher. Eco-friendly vegan products are becoming more and more popular with consumers. Because they improve the flavour and texture of food, sauces are frequently used in the creation of many different foods, including salad, pasta, sandwiches, burgers, etc. Furthermore, favourable for market expansion is the movement in customer taste towards vegan food items, such as sauces and dips.

US Vegan Sauces, Dressings & Spreads Market is poised to grow at a sustainable CAGR for the next forecast year.