China Vegan Snacks Market Size & Outlook, 2021-2030
The vegan snacks market in China is expected to reach a projected revenue of US$ 8,369.2 million by 2030. A compound annual growth rate of 8% is expected of China vegan snacks market from 2022 to 2030.
- Food Beverages & Tobacco
- Consumer Food & Beverages
- Vegan Snacks Market Outlook
- Consumer Food & Beverages
Revenue, 2021 (US$M)
$4,180.1
Forecast, 2030 (US$M)
$8,369.2
CAGR, 2022 - 2030
8.0%
Report Coverage
China
China Vegan Snacks Market, 2017-2030 (US$M)
Global Market
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China vegan snacks market highlights
- The China vegan snacks market generated a revenue of USD 4,180.1 million in 2021 and is expected to reach USD 8,369.2 million by 2030.
- The China market is expected to grow at a CAGR of 8% from 2022 to 2030.
- In terms of segment, savory was the largest revenue generating product in 2021.
- Confectionery is the most lucrative product segment registering the fastest growth during the forecast period.
Vegan snacks market data book summary
| Market revenue in 2021 | USD 4,180.1 million |
| Market revenue in 2030 | USD 8,369.2 million |
| Growth rate | 8% (CAGR from 2021 to 2030) |
| Largest segment | Savory |
| Fastest growing segment | Confectionery |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nuts & Seeds, Bakery, Savory, Confectionery |
| Key market players worldwide | Danone SA, Archer-Daniels Midland Co, Otsuka Pharmaceutical, Tofutti Brands Inc, SunOpta Inc, The Hain Celestial Group Inc, Amy's Kitchen, Eden Foods, Organic Valley, Primal Spirit Foods, Upton’s Natural, Green Agro Pack, AllPlants |
Other key industry trends
- In terms of revenue, China accounted for 9.5% of the global vegan snacks market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China vegan snacks market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,574.9 million by 2030.
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Vegan Snacks Market Scope
Vegan Snacks Market segmentation & scope
Vegan Snacks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Danone SA | View profile | 88,843 | 17, Boulevard Haussmann, Paris, France, 75009 | www.danone.com |
| SunOpta Inc | View profile | 1,174 | 7078 Shady Oak Road, Eden Prairie, MN, United States, 55344 | www.sunopta.com |
| The Hain Celestial Group Inc | View profile | 2,837 | 4600 Sleepytime Drive, Co, Boulder, DE, United States, 80301 | www.hain.com |
| Archer-Daniels Midland Co | View profile | 41,802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | www.adm.com |
| Otsuka Pharmaceutical | View profile | 251-500 | Tokyo, Tokyo, Japan, Asia | www.otsuka.co.jp/en/ |
| Tofutti Brands Inc | View profile | 5 | 50 Jackson Drive, Cranford, NJ, United States, 07016 | www.tofutti.com |
| Amy's Kitchen | View profile | 1001-5000 | Petaluma, California, United States, North America | www.amys.com |
| Eden Foods | View profile | 51-100 | Clinton, Michigan, United States, North America | www.edenfoods.com |
| Organic Valley | View profile | 501-1000 | La Farge, Wisconsin, United States, North America | www.organicvalley.coop |
| Primal Spirit Foods | View profile | 11-50 | Moundsville, West Virginia, United States, North America | www.primalspiritfoods.com |
China Vegan Snacks Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Vegan Snacks Market Outlook will help companies and investors design strategic landscapes.
Savory was the largest segment with a revenue share of 54.8% in 2021.
Horizon Databook has segmented the China vegan snacks market based on nuts & seeds, bakery, savory, confectionery covering the revenue growth of each sub-segment from 2017 to 2030.
- China Vegan Snacks Market Product Outlook (Revenue, USD Million , 2017-2030)
- Nuts & Seeds
- Bakery
- Savory
- Confectionery
- Others
- China Vegan Snacks Market Distribution Channel Outlook (Revenue, USD Million , 2017-2030)
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Horizon Databook provides a detailed overview of country-level data and insights on the China Vegan Snacks Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Vegan Snacks Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
China Vegan Snacks Market, 2017-2030 (US$M)
China vegan snacks market statistics, by product, 2017-2030 (US$M)
