Global Vegan Brain Food Market Size study & Forecast, by Type (Foods, Supplements, Others), by Distribution Channel (Supermarkets/Hypermarkets, Departmental Stores & Groceries, Specialty Stores, Online Platforms) and Regional Analysis, 2022-2029

Global Vegan Brain Food Market Size study & Forecast, by Type (Foods, Supplements, Others), by Distribution Channel (Supermarkets/Hypermarkets, Departmental Stores & Groceries, Specialty Stores, Online Platforms) and Regional Analysis, 2022-2029

Global Vegan Brain Food Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Vegan Brain Food is comprised of plant-based food products that are intended to boost brain power. The consumption of vegan brain foods boosts brain energy, memory, and overall functionality of the brain. Moreover, plant-based food products such as dark chocolate, Pumpkin Seeds, walnuts, whole grains, chia seeds, blueberries, and avocados are considered rich in vitamin K, vitamin C, B vitamins, and other essential antioxidants that promote brain health. The increasing demand for dietary supplements and growing preference towards vegan food products are key factors driving the market growth.

The increasing consumption of dietary supplements is contributing towards the growth of the Global Vegan Brain Food market. For instance – according to Statista – in 2021, the global market for dietary supplements was estimated at USD 137 billion, and the market is projected to grow to USD 185.1 billion by 2028. Additionally, the demand for vegan food is also increasing which would influence the market growth over the forecast period. For instance – as per Statista – in 2021, the global vegan food market was valued at USD 16 billion, and as per projections, the global vegan food market would reach USD 22 billion by 2025. Also, growing emergence of online sales channels and rising inclination towards veganism in developed economies would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Vegan Brain Food stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Vegan Brain Food Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the increasing demand for plant-based food and beverages products and presence of leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising demand for dietary supplements and increasing penetration of leading market players in the region.

Major market players included in this report are:
Alpro
Amy’s kitchen
Moon Juice
NUTSOLA
Beyond meat
Eden foods Inc.
Nayonise
Plamil Foods
Ripple Foods
WhiteWave Foods.

Recent Developments in the Market:
 In April 2019, North America based Gaia Herbs, one of the leading herbal brands announced a new line of vegan nootropic (brain) supplements, Bacopa, Agile Mind, and Nootropic Focus. This new range would be available on GaiaHerbs.com and natural food stores across the region.

 In August 2022, Los Angeles, USA based BrainMD Health, a leader in science-based nutraceuticals, announced the availability of ultra-high triglyceride-form EPA/DHA vegan omega-3 supplement.

Global Vegan Brain Food Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type
Foods
Supplements
Others

By Distribution Channel
Supermarkets/Hypermarkets
Departmental Stores & Groceries
Specialty Stores
Online Platforms

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned

Alpro
Amy’s kitchen
Moon Juice
NUTSOLA
Beyond meat
Eden foods Inc.
Nayonise
Plamil Foods
Ripple Foods
WhiteWave Foods.

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