Plant-Based Revolution: Trends and Forecasts in the Vegan Food Industry
New Haven, Connecticut – [2 August 2024] – MarkNtel Advisors, a leading research and consulting firm, has recently published a detailed industry analysis of the Global Vegan Food Market . The report provides an in-depth look into the market’s growth trends, regional strategies, challenges, opportunities, and key drivers influencing its expansion. With a projected compound annual growth rate (CAGR) of 9.5% from 2022 to 2027, t he vegan food sector is poised for significant growth. Market Overview The vegan food industry is experiencing a surge in demand driven by increasing consumer awareness about health, sustainability, and ethical considerations. This growth is reflected in the report’s findings, which anticipate a robust market expansion over the forecast period. As more consumers seek plant-based alternatives, the vegan food market is becoming a significant segment within the broader food industry. Key Segments and Dynamics The report delves into various segments defining the vega