The Global Vegan Bacon Market was valued at US$ 1,200.8 Mn in 2021, according to the Global Vegan Bacon Market Report, by Flavoring (Smoked Paprika, Onion, Dark Beer, and Other Vegetables), By Storage (Frozen, Refrigerated, and Shelf-Stabled), By Product Type (Tofu Bacon, Mushroom Bacon, Carrot Bacon, Coconut Bacon, and Others [Eggplant Bacon]), By Distribution Channel (Supermarket, Hypermarket, and Online), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) – published by Coherent Market Insights.
The global vegan bacon market is expected to surpass US$ 2,028.5 Mn by 2030 and exhibit a CAGR of 6.4% during the forecast period 2022-2030. Due to health benefits associated with plant-based products across the globe can boost the vegan bacon market in forecast period. Growing demand for anticruelty products along with the rising awareness about animal rights provides lucrative opportunities for increasing the vegan bacon sales in the upcoming years. Moreover, the prevalence of allergies from the consumption of animal based protein source is likely to provide boost to the consumption of vegan bacon. Consumers are switching to plant-based or vegan food patterns due to various health benefits and environment friendly properties associated with plant-based food products.
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Browse 16 market data tables* and 16 figures* on "Global Vegan Bacon Market” – Forecast to 2022-2030.
Key Trends and Analysis of the Global Vegan Bacon Market:
Key Takeaways of the Market:
Major players operating in the global vegan bacon market include Cool Foods Inc., Beyond Meat, Hooray Foods, Kellogg NA Co., Omni Foods, Tofurky, LikeMeat GmbH, Upton’s Naturals, Whole Perfect Food, Sweet Earth Foods, Sunfed Ltd., Lightlife, Organic Matters, and The Vegetarian Butcher
Global Vegan Bacon Market - Impact of Coronavirus (COVID-19) Pandemic
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