Press release
Vegan Baking Ingredients Market: Growth Propel by Health Consciousness and Clean Eating Trends
"The vegan baking ingredients market constructs a new landscape for the rising vegan and plant-based diets, providing a gateway for health and intolerance-friendly baking solutions.
What Is The Projected Market Size Of The Global Vegan Baking Ingredients Market And Its Growth Rate?
• The vegan baking ingredients market has grown from $1.96 billion in 2024 to $2.12 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%.
• In the forecast period, the market is projected to grow to $3.03 billion in 2029 at a (CAGR) of 9.4%.
• The market growth can be attributed to increased adoption of vegan diets, concerns about animal welfare, health and wellness trends, and expansion of vegan and specialty food retail channels.
What Is Driving The Growth In The Vegan Baking Ingredients Market?
The growing health awareness and changing food preferences have been pivotal in driving the growth of the vegan baking ingredients market. The shift towards a vegan diet, regarded as a healthier alternative, mirrors the growing knowledge and awareness about health, healthcare, and diseases. Rising sales in organic food further cement the preference for vegan and plant-based food options. Hence, global awareness towards healthier forms of food consumption explains the unprecedented growth of the vegan baking ingredients market.
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Who Are the Key Players Driving Vegan Baking Ingredients Market Growth?
The key players in the vegan baking ingredients market include:
• Associated British Foods plc
• DuPont de Nemours Inc.
• Ingredion Inc.
• Döhler GmbH
• Lallemand Baking Inc.
• Bakels Group JR
• Cargill Incorporated
• Turtle Island Foods Inc.
• Veganz Group AG, B&G Foods Inc.
What Are The Key Trends In The Vegan Baking Ingredients Market?
The key trends in vegan baking ingredients market include:
• Technological advancements in vegan ingredient alternatives
• Adoption of plant-based milk and butter alternatives
• Increasing popularity of gluten-free and grain-free flour options
• Growing demand for natural sweeteners and sugar alternatives
• Use of functional ingredients for nutritional enhancement
What Are The Segments Of The Global Vegan Baking Ingredients Market?
The vegan baking ingredients market is segmented by:
1) Product Type: Starch, Raising Agent, Emulsifier, Baking Powder and Mixes, Vegetable Oil, Colors and Flavors, Enzymes
2) Nature: Conventional Vegan Baking Ingredients, Organic Vegan Baking Ingredients
3) Application: Cakes and Pastries, Biscuits and Cookies, Bread and Buns
Which Region Leads The Vegan Baking Ingredients Market?
Europe was the largest region in the vegan baking ingredients market share in 2024. The fastest-growing region in the forecasted period is expected to be Asia-Pacific. The market report covers various regions, which include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Vegan Baking Ingredients Market Global Market Report?
Everything from market size analysis to key player focus and competitive developments are all addressed in the Vegan Baking Ingredients Market Global Market Report, making it the go-to platform for all information about the growing vegan baking ingredients market.
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Global Food Baking Equipment Sales Market Report 2017
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1 Food Baking Equipment Overview
1.1 Product…