Vegan Trend And Growth Infographic

Vegan Trend And Growth Infographic

Do you start eating less meat, too?

According to the report "going plant based: the rise of vegan and vegetarian food" issued by global market research company Euromonitor International in March 2021 on the prospect of vegetarians. Although the global total vegetarian population is still in the minority, more and more people try to reduce the consumption of some animal products, This group of "elastic vegetarians" has accounted for 40% of the global population in 2020. They still do not completely exclude animal products, but prefer to eat plant products or vegetables.

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Is veganism growing? With so many reasons for people to turn to veganism, interest and awareness continue to grow. As a result, the demand for vegan food options has risen impacting food markets worldwide.

  1. Global vegan food market

    As of 2018, the value of the global vegan food market was calculated to be $12.69 billion.

  2. Market growth

    There was a growth of 11% in the plant-based food sector as of April 2019.

  3. Market's Magnitude 2025

    The vegan food market’s magnitude will hit $24.06 billion.

  4. Largest regional market

    North America holds the most significant regional share at 31% of the worldwide market.

  5. Demand of meat-free food

    In the United Kingdom in 2017, there was a 987% increase in the demand for meat-free food.

  6. Vegan yogurt

    Vegan food trends show a notable one-year increase in sales for vegan yogurt, which rose by 39%.

  7. Plant-based meat

    Another vegan fact is that plant-based meat represents 2% of all packaged meat options.

  8. Plant-based milk

    In 2010, this industry was at just $7.4 billion, by 2024, it’s projected to reach $34.5 billion.

  9. Non-dairy milk consumption

    There was a 61% increase in non-dairy milk consumption in the US between 2012 and 2017.

  10. Vegan product segment

    Vegetarianism health statistics reveal that dairy alternatives were the most pronounced vegan product segment.

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