The global vegan food market size is projected to grow from USD 27.57 billion in 2025 to USD 64.47 billion by 2033, exhibiting a CAGR of 11.2%.
Report Scope:

The vegetarian diet market is rapidly expanding, driven by increasing consumer awareness of the health benefits associated with plant-based diets and the growing popularity of veganism and vegetarianism. Market size is expected to reach $11.2 million by 2033, with a CAGR of 6.8% during the forecast period of 2025-2033. Urbanization, rising disposable income, and changing consumer preferences have contributed to the market growth. The demand for plant-based meat alternatives, dairy-free products, and other vegetarian-friendly foods is increasing significantly. Major trends shaping the vegetarian diet market include the rise of flexitarian diets, increased focus on plant-based proteins, and the growing popularity of plant-based food delivery services. The market is also facing challenges, such as the availability of high-quality vegetarian options at affordable prices and the perception that vegetarian diets lack essential nutrients. Regional analysis shows that North America and Europe hold a significant market share, while Asia Pacific is expected to witness the fastest growth due to rising awareness of the health benefits of vegetarianism and increasing disposable income. Key players in the vegetarian diet market include The Archer Daniels Midland Company, Glanbia, Cargill, Danone S.A., DowDuPont, and Kerry, among others. These companies are investing in product innovation and strategic partnerships to cater to the growing demand for vegetarian-friendly food options.

Discover the booming vegetarian diet market! Explore a $250 billion industry projected to grow at an 8% CAGR through 2033, driven by health, environmental, and ethical concerns. Learn about key players, regional trends, and future opportunities in this comprehensive market analysis.

Discover the booming vegetarian diet market! Explore market size, growth trends, key players (Beyond Meat, Nestle, Unilever), and regional insights. Learn about the drivers and challenges shaping this dynamic industry and forecast to 2033. Get your free market research data now!

According to Cognitive Market Research, the global Vegan Food market size is USD 17584.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 11.50% from 2024 to 2031.

North America held the major market share for more than 38.60% of the global revenue with a market size of USD 7033.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2031.
Europe accounted for a market share of over 28.40% of the global revenue with a market size of USD 5275.26 million.
Asia Pacific held a market share of around 25.60% of the global revenue with a market size of USD 4044.37 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.
Latin America had a market share of more than 5.30% of the global revenue with a market size of USD 879.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2.00% of the global revenue and was estimated at a market size of USD 351.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.
The Meat Substitute held the highest Vegan Food market revenue share in 2024.

Market Dynamics of Vegan Food Market

Key Drivers for Vegan Food Market

Growing prevalence of lactose intolerance and dairy allergies Increases the demand globally

There is a significant increase in vegan food markets due to the increasing prevalence of lactose intolerance and dairy allergies. Vegan and plant-based foods provide an alternative option for consumers of dairy food owing to their dairy allergies. It provides dairy-free options like soy yogurt, coconut-based cheeses, and almond milk. The growth of the vegan food market is propelled by the increasing number of people learning about health and well-being and hence seeking vegan products to enhance digestive health and general well-being. Additionally, with rising demand for alternative healthy eating opportunities, the food manufacturer expanding their vegan product lines to cater to the demand of the market.

Expansion of vegan product offerings by mainstream food companies to Propel Market Growth

Increasing expansion of vegan products by manufacturers of vegan food companies significantly drives the market growth. Companies like Danone S.A., Kellogg Company, and Conagra, Inc. are starting to pay attention to the rapid growth in the vegan food market by expanding their vegan product offerings. As more people are moving towards veganism, these corporations are venturing more into plant-based foods to cater to the demand of vegetarians. For instance, in July 2022, Danone launched a new Dairy & Plants Blend baby milk substitute that has the healthful benefits of dairy and plant proteins. The preparation is made up of 60% non-GMO soy-based protein and 38.60% casein and also includes lactose, a carbohydrate that is found in breast milk.

Source: (https://www.danone.com/stories/articles-list/danone-launches-new-dairy-plants-blend-baby-formula.html)

Restraint Factor for the Vegan Food Market

Higher cost of vegan products compared to non-vegan alternatives hindered the market growth

The growth of the vegan food market has been slowed down by the greater expense of vegan goods in contrast to non-vegan ones. Plant-based products, containing meat substitutes or milk alternatives, tend to cost more than ordinary ones according to a great number of consumers. The higher prices of vegan food are also due to the higher costs of raw materials, smaller production scales, and specialized manufacturing processes which restrain the growth of the market.

Impact of Covid-19 on the Vegan Food Market

The COVID-19 pandemic has had various effects on the Vegan Food marketplace. Initially, disruptions in worldwide delivery chains and production tactics triggered delays in product availability. However, the pandemic highlighted the need for vegan food owing to the importance of health and sustainability. During the pandemic, e-commerce and online retail grew appreciably, growing the call for plant-based foods to boost immunity. Furthermore, rigorous fitness and safety rules encouraged companies to look into vegan food to increase consumer preference towards clean and sustainable eating. Despite boundaries, the pandemic has hastened the adoption of vegan foods, getting ready the marketplace for lengt...

The global plant-based food market is expected to reach **** billion U.S. dollars in 2025. Further growth is expected. The forecast projects that by 2030 the market will have more than ******** For 2022, the model expects a market worth **** billion U.S. dollars.

Market Research Intellect's Vegetarian Diet Market Report highlights a valuation of USD 45 billion in 2024 and anticipates growth to USD 70 billion by 2033, with a CAGR of 5.5% from 2026-2033.Explore insights on demand dynamics, innovation pipelines, and competitive landscapes.

The global vegetarian diet market is poised for substantial growth, projected to reach a market size of approximately $35,000 million by 2025, with a projected Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period of 2025-2033. This expansion is fueled by a confluence of evolving consumer preferences, increasing health consciousness, and a growing awareness of the environmental impact of traditional diets. Key market drivers include the rising adoption of plant-based lifestyles for health and wellness reasons, a surge in demand for dairy alternatives and meat substitutes driven by both vegans and flexitarians, and a broader societal shift towards sustainable food choices. The market is segmented effectively, catering to both dedicated vegans and the larger non-vegan population actively seeking to reduce their meat consumption. The market's robust expansion is further propelled by innovative product development within plant protein, dairy alternatives, and meat substitute categories, addressing taste, texture, and nutritional equivalence concerns. Companies like The Archer Daniels Midland Company, Glanbia, Cargill, and Danone S.A. are at the forefront, investing heavily in research and development and expanding their product portfolios to capture this burgeoning market. Geographically, North America and Europe are expected to lead the market, driven by established trends in plant-based eating and strong regulatory support for sustainable food systems. Asia Pacific, particularly China and India, presents a significant growth opportunity due to a growing middle class, increasing urbanization, and a rising interest in healthier food options. While the market enjoys strong growth drivers, potential restraints could include price volatility of raw materials and the need for continued consumer education to overcome deeply ingrained dietary habits and perceptions. This report offers an in-depth examination of the global vegetarian diet market, encompassing its historical trajectory, current landscape, and future projections. Leveraging extensive data from the historical period of 2019-2024, we provide a robust base for understanding market dynamics, with a detailed forecast extending from the estimated year of 2025 through 2033. The study period thus spans from 2019 to 2033.

[215+ Pages Report] The global vegan fast food market size is expected to grow from USD 17.05 billion in 2022 to USD 23.07 billion by 2030, at a CAGR of 3.85% from 2023-2030

The report covers Global Vegan Packaged Foods Market Forecast and is segmented By Product Type (Dairy alternatives, Meat alternatives & packaged vegan meals, Vegan bakery & confectionery products, and Others), By Distribution Channel (Supermarket/ Hypermarkets, Convenience Stores, Online Stores, and Others), and By Geography.

According to Cognitive Market Research, the global Vegetarian Food market size was USD 34125.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 10.90% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 13650.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 10237.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 7848.87 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.9% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1706.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.3% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 682.51 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.6% from 2024 to 2031.
The Online Retailers category is the fastest growing segment of the Vegetarian Food industry

Market Dynamics of Vegetarian Food Market

Key Drivers for Vegetarian Food Market

The increasing popularity of innovative food packaging for vegan food products to Boost Market Growth

One of the most significant growth factors in the vegan food product market is the growing demand for sustainable packaging materials. The demand for eco-friendly packaging is driven by environmentally conscious consumers, who are encouraging manufacturers to implement innovative solutions. Companies such as Oatly are pioneering the implementation of carbon labeling on their products, thereby increasing consumer trust and transparency. Additionally, No Evil Foods Sacred Serve, a company headquartered in the United States, is establishing a standard for the industry by investing in the development of sustainable packaging materials. These initiatives not only address the increasing consumer demand for sustainable and ethically packaged products, but they also mitigate the environmental impact. This shift toward innovative packaging is not merely a marketing strategy; it is a critical response to the environmental concerns associated with conventional packaging materials, which is promoting industry growth and establishing new standards in the vegan food market.

Increasing Demand for Animal Cruelty-Free Products to Drive Market Growth

Another significant factor contributing to the global vegan food market is the increasing demand for animal cruelty-free products. A shift toward vegan diets is being prompted by the growing awareness of the ethical and environmental implications of animal-meat consumption among consumers. The environmental advantages of adopting a vegan lifestyle are underscored by the fact that dairy and meat products account for approximately 60% of greenhouse gas emissions from agriculture, according to reports. This trend was further exacerbated by the COVID-19 pandemic, which raised awareness of the health implications and origins of food products due to concerns regarding zoonotic infections. As a result, there has been a substantial rise in the demand for and consumption of vegan products, as individuals endeavor to make more environmentally conscious and ethical decisions. The vegan food market is experiencing substantial growth as a result of the increasing demand for cruelty-free products and the corresponding increase in awareness.

Restraint Factor for the Vegetarian Food Market

Nutrient Deficiencies and High Cost of these products, will limit market growth

The high cost of plant-based alternatives in comparison to traditional animal-based products is a significant constraint on the vegan food market. The adoption rate of vegan products is slowed by the prohibitive prices that many consumers find. Furthermore, the taste and texture of plant-based foods frequently differ from those of animal-based foods, which may render them less appealing to certain consumers. Additionally, vegan diets may result in specific nutrient deficiencies, including anemia, low protein content, hormonal imbalances, and low Vitamin B12 levels. This requires that consumers consult with healthcare professionals to guarantee that they are provided with a nutritious die...

The global vegan diet market is experiencing robust growth, driven by increasing health consciousness, environmental concerns, and ethical considerations regarding animal welfare. The rising popularity of plant-based alternatives to meat, dairy, and other animal products is a significant factor fueling this expansion. Consumers are increasingly seeking out nutritious and sustainable food options, leading to a surge in demand for vegan foods across various product categories, including plant-based proteins, dairy alternatives (like almond milk and soy yogurt), and meat substitutes (such as veggie burgers and plant-based sausages). This trend is further amplified by the growing awareness of the environmental impact of animal agriculture and the desire to reduce one's carbon footprint. While specific market size data is absent, based on industry reports indicating significant growth in related sectors like plant-based foods and the expanding vegan population, a reasonable estimate for the 2025 market size could be $40 billion USD. Assuming a conservative Compound Annual Growth Rate (CAGR) of 15% (reflective of similar high-growth markets), the market is projected to reach approximately $110 billion USD by 2033. Several factors contribute to this positive growth trajectory. The continuous innovation and improvement in the taste, texture, and nutritional profiles of vegan products are crucial. Major food companies are actively investing in research and development, leading to more appealing and accessible vegan options. Increased availability in supermarkets and online platforms has expanded market reach, making vegan products more convenient for consumers. Furthermore, government initiatives promoting sustainable and plant-based diets, coupled with increasing awareness campaigns by NGOs and influencers, contribute to market expansion. However, challenges remain, including consumer perceptions regarding taste and cost, as well as regional variations in acceptance and product availability. The need to address these challenges will be critical for sustained growth and broader market penetration.

Find detailed analysis in Market Research Intellect's Vegan Food Market Report, estimated at USD 30 billion in 2024 and forecasted to climb to USD 74 billion by 2033, reflecting a CAGR of 10.5%.Stay informed about adoption trends, evolving technologies, and key market participants.

Global Vegetarian Diet Market is segmented by Application (Consumers_ Vegetarians_ Flexitarians), Type (Nutrition_ Health & Wellness_ Food & Beverage), and Geography (North America_ LATAM_ West Europe_Central & Eastern Europe_ Northern Europe_ Southern Europe_ East Asia_ Southeast Asia_ South Asia_ Central Asia_ Oceania_ MEA)

The global vegan diet market is experiencing robust growth, driven by increasing consumer awareness of health benefits, environmental concerns, and ethical considerations surrounding animal agriculture. The market, estimated at $20 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching an estimated $75 billion by 2033. This significant expansion is fueled by several key trends: the rising popularity of plant-based alternatives to meat, dairy, and eggs; increased availability and affordability of vegan products in mainstream supermarkets and restaurants; and a growing number of individuals adopting veganism for lifestyle reasons, including weight management, improved gut health, and reducing their carbon footprint. Major players such as Beyond Meat, Daiya Foods, and Unilever are driving innovation and expansion within the market, continuously introducing new and improved products to cater to evolving consumer preferences. While challenges remain, including consumer perceptions of taste and texture, and potential supply chain limitations for certain ingredients, the overall market trajectory remains strongly positive. The market segmentation reveals opportunities across various product categories, including vegan meat alternatives (burgers, sausages, etc.), dairy alternatives (milk, cheese, yogurt), and egg alternatives. Regional variations exist, with North America and Europe currently dominating the market share, although Asia-Pacific is expected to witness significant growth in the coming years, driven by rising disposable incomes and increasing adoption of Western dietary habits. The competitive landscape is dynamic, with established food giants alongside smaller, innovative companies vying for market share. Sustained growth will depend on continuous product innovation, addressing consumer concerns about cost and taste, and effectively communicating the environmental and health benefits of a vegan diet. The long-term outlook for the vegan diet market remains exceptionally promising, presenting lucrative opportunities for companies across the entire value chain.

Vegan Food Market holds a forecasted revenue of USD 21,291.7 Mn in 2025 and is likely to cross USD 38,424.9 Mn by 2032, with steady annual growth rate of 8.8%.

The retail sales of vegetarian products and plant-based alternatives in the United Kingdom amounted to an estimated **** billion British pounds in 2022. Sales peaked in 2020 during the pandemic and collapsed in 2021. The market seems to have returned to pre-pandemic levels and might continue the trend seen before it was majorly disrupted. Meatless diets in the United Kingdom In the United Kingdom, the share of vegans was estimated to be around **** percent. This puts the country into the top five European countries with the biggest share of vegans. Pescetarians and Vegetarians add to this number so that the total of UK consumers following a meat free diet is around ** percent. Younger consumers are more likely than any other age group to attempt to live meat free. About ** percent of members of Generation Z stated that they wanted to live meat free in 2023. For millennials, the same share was slightly over a quarter of survey respondents. For older generations, it was progressively less. The European market for meat substitutes In 2022, the United Kingdom was the second-largest meat substitute market in Europe. Since the start of the pandemic, Germany has taken the top spot as Europe’s leading meat substitute market. The Netherlands lands on rank three in front of Italy. The UK generated *** million euros in sales. Germany, exceeded this number by over *** million euros. The overall market for meat alternatives in the European Union came to about *** billion U.S. dollars. It is forecast to pass the ***** billion euro mark in 2028.

The global vegan food market size was worth over USD 30.1 billion in 2025 and is poised to grow at a CAGR of over 11.8%, reaching USD 91.83 billion revenue by 2035, attributed to increasing physical inactivity in high-income countries.

Global Vegan Diet market size 2025 was XX Million. Vegan Diet Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.