Packaged Vegan Foods Market Market size, Industry outlook, Market Forecast, Demand Analysis, Market Share, Market Report 2022 - 2027
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• Packaged Vegan Foods market size is forecast to reach $14.3 billion by 2026, growing at a CAGR of 8.2% during the forecast period 20212026. • The vegan diet does not contain anything sourced from animals, because of which it is considered to be nutritious food and preferable over meat. Phytochemicals are plant-based ingredients which are the primary chemicals of packaged vegan foods, like dairy alternatives and confectionery products. • These phytochemicals when consumed regularly helps to boost immunity by stimulating various protective enzymes in the human body. This is the primary reason behind the rapid adoption of vegan food, worldwide. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Key Takeaways •North America dominated the Packaged Vegan Foods Market in 2020 owing to the growing number of consumers turning to vegan products after becoming aware of ill-effects caused by over consumption of meat. The Packaged Vegan Foods market scope for different regions will be provided in the final report. •Growing inclination of consumers towards ready-to-eat vegan products coupled with ethical concerns surrounding animal cruelty are likely to aid the market growth of the Packaged Vegan Foods Market report. •Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be Packaged Vegan Foods Market report. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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By Distribution Channel- Segment Analysis Hypermarkets/Supermarkets held the largest share in the Packaged Vegan Foods Market in 2020 and is estimated to grow at a CAGR of 7.7% during the forecast period 2021-2026. This is owing to the exhaustive lineup of products that hypermarkets are able to put on display under one roof. This makes the buying experience convenient for consumers. Additionally, supermarkets also hold the potential to provide discount coupons when bought in more than usual quantity, which is a win-win situation for consumers. However, online sales channels are gaining a lot of traction with internet penetration a lot of sub-urban and rural areas of different economies. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Packaged Vegan Foods Market Industry Outlook • Amy’s Kitchen • Danone S.A • Beyond Meat • Plamil Foods • Tofutti Brands
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Packaged Vegan Foods Market – Forecast (2022- 2027)
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