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Vegan Supplements Market Overview:
According to MRFR analysis, the global vegan supplements market is expected to register a CAGR of ~6.9% from 2022 to 2030 and hold a value of over USD 13,598.7 Million by 2030.
The Vegan Supplements Market refers to the market for dietary supplements that are free of any animal-derived ingredients. These supplements are commonly made from plant-based sources and are intended to supplement the diet of individuals who follow a vegan lifestyle or have specific dietary restrictions. The COVID-19 pandemic has had a significant impact on the vegan supplements market. The pandemic has led to increased interest in health and wellness, with many individuals looking to boost their immune systems and overall health. This has resulted in increased demand for vegan supplements that are perceived as being healthier and more natural than traditional supplements.
Key Players:
Some of the market key players are Jarrow Formulas (US), Solgar Inc. (US), Deva Nutrition LLC (US), Natrol (US), Eversea (Canada), Nutrazee Inc. (India), NOW Foods (US), Garden of Life LLC (US), Pure Encapsulations (US), HTC Health (UK) and Ora Organic (US)
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Market Segmentation:
The Global vegan supplements market has been segmented into product type, form and Distribution Channel
Based on Product Type: Vitamins, Minerals, Amino Acids & Proteins, Blends and Others
Based on Form: ablets, Capsules & Soft Gels, Powders, Gummies and others
Based on Distribution Channel: Store-Based and Non-Store-Based
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Regional Analysis:
North America is the largest market for vegan supplements, driven by a growing number of vegans and vegetarians. The United States is the largest contributor to the North American vegan supplement market. Europe is also a significant market for vegan supplements, driven by a high awareness of animal welfare and environmental concerns. Germany, France, and the United Kingdom are the major contributors to the European vegan supplement market. The Asia-Pacific region is a rapidly growing market for vegan supplements, with countries such as China, Japan, and India driving the growth. Increasing health consciousness and growing veganism and vegetarianism are contributing to the growth of the market in this region. The rest of the world, including regions such as Latin America, the Middle East, and Africa, is a smaller market for vegan supplements but is expected to grow in the coming years. The growth is driven by an increasing awareness of the health benefits of veganism and vegetarianism.
Discover More Research Reports on Food, Beverages & Nutrition Industry, by Market Research Future:
Dietary Supplements Market Research Report Information By Type (Vitamins, Minerals, Amino Acids & Proteins, Probiotics, Blends And Others), By Form (Tablets, Capsules & Soft gels, Powders, Gummies And Others), By Distribution Channel (Store-Based And Non-Store-Based), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2030
Global Protein Supplements Market Research Report Information by Source (Plant, Animal and others), Form (Powder, Liquid, Bar and others), Distribution Channel (Store-Based {Supermarkets & Hypermarkets, Specialty Stores and others} and Non-Store-Based) and Region (North America, Europe, Asia-Pacific and Rest of the World) – Forecast till 2030
Gummy Vitamins Market Research Report Information By Type (Single Vitamins, and Multi-vitamins), By End-User (Child, and Adult), By Distribution Channel (Store-based, and Non-store-based), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030
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