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 Vegan Confectionery Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2032 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
The vegan confectionery market is experiencing a surge in growth as consumers increasingly seek plant-based, eco-friendly, and health-conscious alternatives. The market is expected to reach USD 1.9... もっと見る
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SummaryThe vegan confectionery market is experiencing a surge in growth as consumers increasingly seek plant-based, eco-friendly, and health-conscious alternatives. The market is expected to reach USD 1.98 billion in 2025 and is projected to grow further to USD 3.37 billion by 2032, at a CAGR of 7.9%. This expansion is fueled by changing consumer preferences, increased awareness about sustainability, and the development of innovative plant-based confectionery options.Market Overview Vegan confectionery includes a diverse range of sweets such as chocolates, gummies, baked goods, and candies. These products are free from animal-derived ingredients like dairy, gelatin, and honey, making them ideal for the growing number of vegan and ethically conscious consumers. Companies are focusing on enhancing the texture and flavor of vegan sweets, ensuring they match traditional confectionery in taste and appeal. Market Drivers 1. Sustainability Concerns – As environmental awareness grows, consumers are opting for vegan confectionery due to its lower carbon footprint compared to conventional sweets. 2. Health-Conscious Choices – Vegan confectionery, often made with organic, nutrient-rich ingredients, attracts health-conscious buyers seeking clean-label and allergen-free options. 3. Ethical Consumption Trends – Consumers are increasingly prioritizing cruelty-free and ethically sourced products, which is driving demand for plant-based confections. 4. Supportive Regulations – Governments and organizations worldwide are promoting sustainable and plant-based food production, aiding market expansion. Business Growth Opportunities 1. New Product Development – Investment in R&D is leading to innovative vegan confectionery that replicates traditional sweets' flavors and textures. 2. E-Commerce Growth – The expansion of online retail is increasing accessibility and market reach for vegan confectionery brands. 3. Strategic Collaborations – Companies are forming alliances and acquiring vegan brands to strengthen their market presence. 4. Expanding Emerging Markets – Rising adoption of plant-based diets in Asia-Pacific and Latin America presents significant growth opportunities. Regional Market Trends • North America – Leading the market with a strong vegan culture, high disposable income, and an increasing number of plant-based product innovations. • Europe – Expanding rapidly with a growing vegan movement, strict food labeling laws, and demand for innovative products. • Asia-Pacific – The fastest-growing region, driven by rising health consciousness, sustainability awareness, and an expanding plant-based product portfolio. • Latin America and Middle East & Africa – Emerging as potential markets with increasing consumer interest in plant-based diets and ethical food sourcing. Challenges and Market Constraints 1. Ingredient Sourcing Limitations – The availability and cost of plant-based ingredients impact production and pricing. 2. Flavor and Texture Adjustments – Achieving the same taste and mouthfeel as traditional confectionery remains a challenge for manufacturers. 3. Higher Costs – Vegan confectionery often comes at a premium due to specialized ingredients and production processes. Key Industry Players Leading companies in the vegan confectionery sector focus on sustainability, ethical sourcing, and continuous innovation. Prominent players include: • Mondelez International • Nestlé • Barry Callebaut • So Delicious Dairy Free • Hershey Company • Mars Incorporated • Kellogg Company • Taza Chocolate • Alter Eco • Freedom Confectionery • Dylan's Candy Bar • Endorfin • Goodio Industry Innovations and Developments • April 2023: The Vegan Society launched the "Vegan Chocolate: Good for You, Good for the Planet" campaign to promote plant-based chocolate consumption. • New Product Introductions: Leading brands continue to expand their vegan confectionery portfolios. • Sustainability Investments: Companies are adopting eco-friendly packaging and responsible ingredient sourcing. Market Segmentation By Product Type: • Vegan Chocolate Bars • Vegan Truffles • Vegan Gummies and Jellies • Vegan Marshmallows • Vegan Hard Candies • Vegan Licorice • Vegan Caramels • Vegan Fudge • Vegan Baked Goods • Vegan Puddings and Desserts • Vegan Chocolate Spreads By Distribution Channel: • Food Service (HoReCa, Bakeries & Patisseries) • Airport Retail • Travel Retail (Airplanes, Cruise Ships) • Retail • Online Retailers By Region: • North America • Europe • Asia-Pacific • Latin America • Middle East & Africa Table of Contents1. Executive Summary1.1. Global Vegan Confectionery Market Snapshot 1.2. Future Projections 1.3. Key Market Trends 1.4. Regional Snapshot, by Value, 2025 1.5. Analyst Recommendations 2. Market Overview 2.1. Market Definitions and Segmentations 2.2. Market Dynamics 2.2.1. Drivers 2.2.2. Restraints 2.2.3. Opportunities 2.3. Value Chain Analysis 2.4. Porter’s Five Forces Analysis 2.5. Regulatory Landscape 2.6. COVID-19 Impact Analysis 2.6.1. Supply 2.6.2. Demand 2.7. Economic Overview 2.7.1. World Economic Projections 2.8. PESTLE Analysis 3. Price Trend Analysis, 2019 - 2032 3.1. Key Highlights 3.2. Global Average Price Analysis, by Products, US$ per Unit 3.3. Prominent Factors Affecting Vegan Confectionery Prices 3.4. Global Average Price Analysis, by Region, US$ per Unit 4. Global Vegan Confectionery Market Outlook, 2019 - 2032 4.1. Global Vegan Confectionery Market Outlook, by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 4.1.1. Key Highlights 4.1.1.1. Vegan Chocolate Bars 4.1.1.2. Vegan Truffles 4.1.1.3. Vegan Gummies and Jellies 4.1.1.4. Vegan Marshmallows 4.1.1.5. Vegan Hard Candies 4.1.1.6. Vegan Licorice 4.1.1.7. Vegan Caramels 4.1.1.8. Vegan Fudge 4.1.1.9. Vegan Baked Goods 4.1.1.10. Vegan Puddings and Desserts 4.1.1.11. Vegan Chocolate Spreads 4.2. Global Vegan Confectionery Market Outlook, by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 4.2.1. Key Highlights 4.2.1.1. Food Service (HoReCa, Bakeries & Patisseries) 4.2.1.2. Airport Retail 4.2.1.3. Travel Retail (airplanes, Cruise ships) 4.2.1.4. Online Retailers 4.2.1.5. Misc. 4.3. Global Vegan Confectionery Market Outlook, by Region, Value (US$ Bn) & Volume (Units), 2019 - 2032 4.3.1. Key Highlights 4.3.1.1. North America 4.3.1.2. Europe 4.3.1.3. Asia Pacific 4.3.1.4. Latin America 4.3.1.5. Middle East & Africa 4.3.2. BPS Analysis/Market Attractiveness Analysis 5. North America Vegan Confectionery Market Outlook, 2019 - 2032 5.1. North America Vegan Confectionery Market Outlook, by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 5.1.1. Key Highlights 5.1.1.1. Vegan Chocolate Bars 5.1.1.2. Vegan Truffles 5.1.1.3. Vegan Gummies and Jellies 5.1.1.4. Vegan Marshmallows 5.1.1.5. Vegan Hard Candies 5.1.1.6. Vegan Licorice 5.1.1.7. Vegan Caramels 5.1.1.8. Vegan Fudge 5.1.1.9. Vegan Baked Goods 5.1.1.10. Vegan Puddings and Desserts 5.1.1.11. Vegan Chocolate Spreads 5.2. North America Vegan Confectionery Market Outlook, by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 5.2.1. Key Highlights 5.2.1.1. Food Service (HoReCa, Bakeries & Patisseries) 5.2.1.2. Airport Retail 5.2.1.3. Travel Retail (airplanes, Cruise ships) 5.2.1.4. Online Retailers 5.2.1.5. Misc. 5.3. North America Vegan Confectionery Market Outlook, by Country, Value (US$ Bn) & Volume (Units), 2019 - 2032 5.3.1. Key Highlights 5.3.1.1. U.S. Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 5.3.1.2. U.S. Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 5.3.1.3. Canada Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 5.3.1.4. Canada Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 5.3.2. BPS Analysis/Market Attractiveness Analysis 6. Europe Vegan Confectionery Market Outlook, 2019 - 2032 6.1. Europe Vegan Confectionery Market Outlook, by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.1.1. Key Highlights 6.1.1.1. Vegan Chocolate Bars 6.1.1.2. Vegan Truffles 6.1.1.3. Vegan Gummies and Jellies 6.1.1.4. Vegan Marshmallows 6.1.1.5. Vegan Hard Candies 6.1.1.6. Vegan Licorice 6.1.1.7. Vegan Caramels 6.1.1.8. Vegan Fudge 6.1.1.9. Vegan Baked Goods 6.1.1.10. Vegan Puddings and Desserts 6.1.1.11. Vegan Chocolate Spreads 6.2. Europe Vegan Confectionery Market Outlook, by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.2.1. Key Highlights 6.2.1.1. Food Service (HoReCa, Bakeries & Patisseries) 6.2.1.2. Airport Retail 6.2.1.3. Travel Retail (airplanes, Cruise ships) 6.2.1.4. Online Retailers 6.2.1.5. Misc. 6.2.2. BPS Analysis/Market Attractiveness Analysis 6.3. Europe Vegan Confectionery Market Outlook, by Country, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.3.1. Key Highlights 6.3.1.1. Germany Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.3.1.2. Germany Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.3.1.3. U.K. Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.3.1.4. U.K. Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.3.1.5. France Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.3.1.6. France Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.3.1.7. Italy Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.3.1.8. Italy Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.3.1.9. Turkey Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.3.1.10. Turkey Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.3.1.11. Russia Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.3.1.12. Russia Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.3.1.13. Rest of Europe Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.3.1.14. Rest of Europe Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 6.3.2. BPS Analysis/Market Attractiveness Analysis 7. Asia Pacific Vegan Confectionery Market Outlook, 2019 - 2032 7.1. Asia Pacific Vegan Confectionery Market Outlook, by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 7.1.1. Key Highlights 7.1.1.1. Vegan Chocolate Bars 7.1.1.2. Vegan Truffles 7.1.1.3. Vegan Gummies and Jellies 7.1.1.4. Vegan Marshmallows 7.1.1.5. Vegan Hard Candies 7.1.1.6. Vegan Licorice 7.1.1.7. Vegan Caramels 7.1.1.8. Vegan Fudge 7.1.1.9. Vegan Baked Goods 7.1.1.10. Vegan Puddings and Desserts 7.1.1.11. Vegan Chocolate Spreads 7.2. Asia Pacific Vegan Confectionery Market Outlook, by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 7.2.1. Key Highlights 7.2.1.1. Food Service (HoReCa, Bakeries & Patisseries) 7.2.1.2. Airport Retail 7.2.1.3. Travel Retail (airplanes, Cruise ships) 7.2.1.4. Online Retailers 7.2.1.5. Misc. 7.2.2. BPS Analysis/Market Attractiveness Analysis 7.3. Asia Pacific Vegan Confectionery Market Outlook, by Country, Value (US$ Bn) & Volume (Units), 2019 - 2032 7.3.1. Key Highlights 7.3.1.1. China Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 7.3.1.2. China Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 7.3.1.3. Japan Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 7.3.1.4. Japan Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 7.3.1.5. South Korea Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 7.3.1.6. South Korea Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 7.3.1.7. India Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 7.3.1.8. India Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 7.3.1.9. Southeast Asia Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 7.3.1.10. Southeast Asia Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 7.3.1.11. Rest of Asia Pacific Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 7.3.1.12. Rest of Asia Pacific Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 7.3.2. BPS Analysis/Market Attractiveness Analysis 8. Latin America Vegan Confectionery Market Outlook, 2019 - 2032 8.1. Latin America Vegan Confectionery Market Outlook, by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 8.1.1. Key Highlights 8.1.1.1. Vegan Chocolate Bars 8.1.1.2. Vegan Truffles 8.1.1.3. Vegan Gummies and Jellies 8.1.1.4. Vegan Marshmallows 8.1.1.5. Vegan Hard Candies 8.1.1.6. Vegan Licorice 8.1.1.7. Vegan Caramels 8.1.1.8. Vegan Fudge 8.1.1.9. Vegan Baked Goods 8.1.1.10. Vegan Puddings and Desserts 8.1.1.11. Vegan Chocolate Spreads 8.2. Latin America Vegan Confectionery Market Outlook, by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 8.2.1. Key Highlights 8.2.1.1. Food Service (HoReCa, Bakeries & Patisseries) 8.2.1.2. Airport Retail 8.2.1.3. Travel Retail (airplanes, Cruise ships) 8.2.1.4. Online Retailers 8.2.1.5. Misc. 8.2.2. BPS Analysis/Market Attractiveness Analysis 8.3. Latin America Vegan Confectionery Market Outlook, by Country, Value (US$ Bn) & Volume (Units), 2019 - 2032 8.3.1. Key Highlights 8.3.1.1. Brazil Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 8.3.1.2. Brazil Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 8.3.1.3. Mexico Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 8.3.1.4. Mexico Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 8.3.1.5. Argentina Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 8.3.1.6. Argentina Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 8.3.1.7. Rest of Latin America Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 8.3.1.8. Rest of Latin America Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 8.3.2. BPS Analysis/Market Attractiveness Analysis 9. Middle East & Africa Vegan Confectionery Market Outlook, 2019 - 2032 9.1. Middle East & Africa Vegan Confectionery Market Outlook, by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 9.1.1. Key Highlights 9.1.1.1. Vegan Chocolate Bars 9.1.1.2. Vegan Truffles 9.1.1.3. Vegan Gummies and Jellies 9.1.1.4. Vegan Marshmallows 9.1.1.5. Vegan Hard Candies 9.1.1.6. Vegan Licorice 9.1.1.7. Vegan Caramels 9.1.1.8. Vegan Fudge 9.1.1.9. Vegan Baked Goods 9.1.1.10. Vegan Puddings and Desserts 9.1.1.11. Vegan Chocolate Spreads 9.2. Middle East & Africa Vegan Confectionery Market Outlook, by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 9.2.1. Key Highlights 9.2.1.1. Food Service (HoReCa, Bakeries & Patisseries) 9.2.1.2. Airport Retail 9.2.1.3. Travel Retail (airplanes, Cruise ships) 9.2.1.4. Online Retailers 9.2.1.5. Misc. 9.2.2. BPS Analysis/Market Attractiveness Analysis 9.3. Middle East & Africa Vegan Confectionery Market Outlook, by Country, Value (US$ Bn) & Volume (Units), 2019 - 2032 9.3.1. Key Highlights 9.3.1.1. GCC Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 9.3.1.2. GCC Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 9.3.1.3. South Africa Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 9.3.1.4. South Africa Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 9.3.1.5. Egypt Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 9.3.1.6. Egypt Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 9.3.1.7. Nigeria Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 9.3.1.8. Nigeria Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 9.3.1.9. Rest of Middle East & Africa Vegan Confectionery Market by Products, Value (US$ Bn) & Volume (Units), 2019 - 2032 9.3.1.10. Rest of Middle East & Africa Vegan Confectionery Market by Distribution Channel, Value (US$ Bn) & Volume (Units), 2019 - 2032 9.3.2. BPS Analysis/Market Attractiveness Analysis 10. Competitive Landscape 10.1. Company Market Share Analysis, 2025 10.2. Competitive Dashboard 10.3. Company Profiles 10.3.1. Mondelez International 10.3.1.1. Company Overview 10.3.1.2. Product Portfolio 10.3.1.3. Financial Overview 10.3.1.4. Business Strategies and Development 10.3.2. Nestlé 10.3.2.1. Company Overview 10.3.2.2. Product Portfolio 10.3.2.3. Financial Overview 10.3.2.4. Business Strategies and Development 10.3.3. Barry Callebaut 10.3.3.1. Company Overview 10.3.3.2. Product Portfolio 10.3.3.3. Financial Overview 10.3.3.4. Business Strategies and Development 10.3.4. So Delicious Dairy Free 10.3.4.1. Company Overview 10.3.4.2. Product Portfolio 10.3.4.3. Financial Overview 10.3.4.4. Business Strategies and Development 10.3.5. Hershey Company 10.3.5.1. Company Overview 10.3.5.2. Product Portfolio 10.3.5.3. Financial Overview 10.3.5.4. Business Strategies and Development 10.3.6. Mars Incorporated 10.3.6.1. Company Overview 10.3.6.2. Product Portfolio 10.3.6.3. Financial Overview 10.3.6.4. Business Strategies and Development 10.3.7. Kellogg Company 10.3.7.1. Company Overview 10.3.7.2. Product Portfolio 10.3.7.3. Financial Overview 10.3.7.4. Business Strategies and Development 10.3.8. Taza Chocolate 10.3.8.1. Company Overview 10.3.8.2. Product Portfolio 10.3.8.3. Financial Overview 10.3.8.4. Business Strategies and Development 10.3.9. Alter Eco 10.3.9.1. Company Overview 10.3.9.2. Product Portfolio 10.3.9.3. Financial Overview 10.3.9.4. Business Strategies and Development 10.3.10. Freedom Confectionery 10.3.10.1. Company Overview 10.3.10.2. Product Portfolio 10.3.10.3. Financial Overview 10.3.10.4. Business Strategies and Development 11. Appendix 11.1. Research Methodology 11.2. Report Assumptions 11.3. Acronyms and Abbreviations
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