openPR Logo
Press release

Vegan Supplements Market Scenario, Strategies, Growth Factors and Industry Forecast

08-24-2021 09:39 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Vegan Supplements Market

Vegan Supplements Market

The global vegan supplements market was pegged at $6.30 billion in 2019 and is estimated to hit $13.59 billion by 2028, registering a CAGR of 6.9% from 2021 to 2028.

The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

Download Sample Report (Get Detailed Analysis in PDF – 195 Pages): https://www.alliedmarketresearch.com/request-sample/11753

Increase in awareness regarding vegan supplement products and their associated benefits and rise in usage in sports nutrition drive the growth of the global vegan supplements market. However, presence of counterfeit dietary products and challenging regulatory environment hinder the market growth. On the other hand, untapped potential in developing countries and the trend of mergers and acquisitions present new opportunities in the coming years.

Covid-19 scenario-

The outbreak of the pandemic gave way to rise in demand for vegan supplements among individuals, since people have become more health-conscious than ever before in order to boost their immunity.

Get Detailed COVID-19 Impact Analysis On The Vegan Supplement Market: https://www.alliedmarketresearch.com/request-for-customization/11753?reqfor=covid

However, manufacturing facilities of vegan supplements were hampered across the world, owing to supply chain disruptions. Whatsoever, the market players have been trying to escalate the production to cater to the rising demand.
The global vegan supplements market is analyzed across product type, form, distribution channel, and region. By product type, the protein segment contributed to more than two-fifths of the total market share in 2019, and is anticipated to dominate during the forecast period. The minerals segment, on the other hand, is projected to cite the fastest CAGR of 9.6% from 2021 to 2028.

By distribution channel, the pharmacies/drug stores segment generated nearly two-fifths of the total market revenue in 2019, and is expected to retain its dominance by 2028. At the same time, the online sales channel segment would cite the fastest CAGR of 9.7% from 2021 to 2028.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/11753

By region, North America held the major share in 2019, garnering more than two-fifths of the global vegan supplements market. Simultaneously, the market across Asia-Pacific would cite the fastest CAGR of 9.9% during the forecast period. The other regions studied in the report include LAMEA and Europe.

The key market players analyzed in the global vegan supplements market report include Bhu Foods, Danone S.A., Aloha, Inc., PepsiCo, Inc., Kerry Group, PLC, Jarrow Formulas, Kikkoman Corporation, Nestle S.A., NuGo Nutrition, and Nutrazee. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.

More Details on This Report: https://www.alliedmarketresearch.com/vegan-supplements-market-A11388

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Market Pulse: https://blog.alliedmarketresearch.com/
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Vegan Supplements Market Scenario, Strategies, Growth Factors and Industry Forecast here

News-ID: 2364719 • Views: 201

More Releases from Allied Market Research

Fantasy Sports Market in Asia-Pacific & Canada is Expected to Reach $3,739.8 Mil …
According to a new report published by Allied Market Research, titled, “Asia-Pacific & Canada Fantasy Sports Market by Sports Type, Platform, and Demographic: Regional Opportunity Analysis and Industry Forecast, 2021–2027,” Asia-Pacific & Canada fantasy sports market size was valued at $2,021.9 million in 2019, and is projected to reach $3,739.8 million by 2027, growing at a CAGR of 10.7% from 2021 to 2027. Fantasy sport is played using internet where participants
Hammock Market Size Is Projected Reach $639.8 Million By 2030, Registering At A …
Surge in hiking and adventure tourism, rise in demand from residential segment, and expansion of hospitality industry drive the growth of the global hammock market. North America contributed to the highest share in terms of revenue in 2020. The outbreak of the COVID-19 pandemic has resulted in transition of consumers toward online sales channels to purchase campaigning gear products including hammocks. According to the report published by Allied Market Research, the
Cotton Personal-Care Product Market 2021: Top Factors That Are Leading The Deman …
A lead analyst at AMR highlighted the market across Europe region is expected to dominate in terms of revenues throughout the forecast period. Allied Market Research published a research report on the Cotton personal-care product market. The findings of the report states that the global market for Cotton personal-care product is expected to reach $19.15 billion by 2028, manifesting a CAGR of 4.6% from 2020 to 2028. The report provides valuable
Global Football Sportswear Market Growing Trade Among Emerging Economies Opening …
As per the report published by Allied Market Research, the global football sportswear market is estimated to reach $114.41 billion by 2027, growing at a CAGR of 5.3% from 2021 to 2027. The report highlights market characteristics, market potential, and growth by segmentation, and competitive landscape. Rise in sportswomen, surge in participation in football, and development in sportswear drive the growth of the global football sportswear market. Access Full Summary: https://www.alliedmarketresearch.com/football-sportswear-market-A09835 Chinese companies

All 5 Releases


More Releases for Vegan

Vegan Yogurt Market Growth Analysis by 2028
Vegan Yogurt Market – Notable Developments General Mills continued to be bullish about Kite Hill, a vegan company that specializes in manufacturing plant-based yogurt and cheese. Kite Hill secured additional funding of US $40 million from 301 Inc. a General Mill’s venture capital firm. Kite Hill aims to use this funding for expanding its factory capacity. Danone, the leading French yogurt maker, acquired WhiteWave Foods in 2017. With a US $10 billion
Vegan Ice Cream Market analysis report- with Leading players and Major Types: Ta …
Vegan Ice Cream Market Worldwide Market Reports has announced the addition of the “Global Vegan Ice Cream Market Insights, Forecast to 2025”, The report classifies the global Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. Food industry Vegan Ice Cream market report focuses on areas of particular interest, such as elements of the food industry, customer loyalty programs, and taste
Vegan Cheese Market
https://www.qandqmarketresearch.com/reports/7320715/vegan-cheese-market-69 Vegan cheese is a nondairy cheese mainly produced for vegans as well as for other people who avoid animal products, with those people who are lactoseintolerant. The global Vegan Cheese market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 20192025. The objectives of this study are to define, segment, and project the size
Olychka Launches Vegan-Friendly Beauty Products
Olychka is a certified and cruelty-free brand that offers the best Vegan-Friendly Beauty Products, and never tested on animals, for those looking at green alternatives that are natural. Those who are looking to revamp their beauty routine and go completely cruelty-free will easily find a range of beauty products with Olychka. Vegan beauty products have fewer ingredients and “The less you put on your skin and hair, the
Buy Organic Vegan Meal Packs from The Organic Vegan
The Organic Vegan is concerned about carbon emissions and thus takes a progressive initiative by offering fresh organic vegan meal packs. Based in Cape Town, the company ensures that their products are 100 percent organic, vegan and GMO free. A gourmet chef has created the recipes of the meals supplied by the company. The process of buying vegan food online from the online store is simple. You will simply have to
Vegan Chocolate Market Growing Due to Vegan Food is Perceived to be Healthier th …
Vegan Chocolate Market: Introduction As the name suggest vegan chocolate does not contain any ingredient derived from animals such as dairy product and dairy related products such as milk solids, milk fat, casein, and whey. Any chocolate whose ingredient comes under these parameters is a vegan chocolate. Vegan chocolate is entirely made from the plant-based ingredients, hence it is low in cholesterol and fat making it healthier than conventional chocolate. Vegan