The global vegan food market in 2022 was valued at USD 24.59 billion and is predicted to reach roughly USD 63.8 billion in 2030, rising at a compound annual growth rate (CAGR) of 10.1% between 2023 and 2030.
Vegan food is a category of food that completely excludes animal products and their derivatives, including meat, dairy, eggs, honey, gelatin, etc. It primarily consists of plant-based ingredients and can be prepared using a variety of techniques. Meat alternatives are products that mimic the taste, flavour, and appearance of actual meat but are healthier than meat. These products are gaining...
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