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NORTH AMERICA VEGAN SUPPLEMENTS MARKET FORECAST 2021-2028

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NORTH AMERICA VEGAN SUPPLEMENTS MARKET FORECAST 2021-2028

The North America vegan supplements market growth is anticipated to progress at a CAGR of 7.99% during the forecast period, 2021-2028. The surging preference for natural vegan products is the prominent growth driver.

NORTH AMERICA VEGAN SUPPLEMENTS MARKET FORECAST 2021-2028

North America Vegan Supplements Market by Product (Protein, Vitamins, Minerals, Other Products) Market by Distribution Channel (Pharmacy, Specialty Stores, Hypermarket, Online Stores) Market by Form (Capsules & Tablets Form, Powder Form, Other Forms) by Geography.

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The North America vegan supplements market growth is anticipated to progress at a CAGR of 7.99% during the forecast period, 2021-2028. The surging preference for natural vegan products is the prominent growth driver.

north-america-vegan-supplements-market

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The North America vegan supplements market growth assessment includes the analysis of the United States and Canada. The number of Americans following plant-based diets has increased considerably over the last 15 years. Also, as per research, the West Coast and North Eastern states projected the earliest inclination in veganism. In addition, there has been a significant increase in the availability of meat alternatives and substitutes in restaurants and stores.

Further, the retail sales of plant-based foods recorded consistent growth in double digits in 2020, projecting an increase of 27%. For instance, in 2020, 57% of the total households in the US purchases plant-based foods. Moreover, proteins, minerals, and vitamin-based dietary supplements are in huge demand given their application as nutritional supplements for heart disease and orthopedic patients. Such factors facilitate growth opportunities.

DuPont produces specialty, material science, and agricultural products globally. The company invests heavily in innovation labs and R&D programs for optimal product solutions. Through the nutrition & bioscience division, it offers protein in several categories like soy protein, SUPRO, and pea protein. It is headquartered in Wilmington, Delaware, United States.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • MARKET SCOPE
      • KEY DRIVERS
        • PREFERENCE FOR VEGAN DIET
        • AWARENESS ABOUT HEALTHY LIFESTYLE
        • LACTOSE INTOLERANCE
        • DEMAND FOR SPORTS NUTRITION AND SUPPLEMENTS
      • KEY RESTRAINTS
        • STRINGENT REGULATIONS
        • FAKE PRODUCTS
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON VEGAN SUPPLEMENTS MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    2. MARKET BY PRODUCT
      • PROTEIN
      • VITAMINS
      • MINERALS
      • OTHER PRODUCTS
    3. MARKET BY DISTRIBUTION CHANNEL
      • PHARMACY
      • SPECIALTY STORES
      • HYPERMARKET
      • ONLINE STORES
    4. MARKET BY FORM
      • CAPSULES & TABLETS FORM
      • POWDER FORM
      • OTHER FORMS
    5. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS, CONTRACTS/AGREEMENTS & COLLABORATIONS
        • BUSINESS EXPANSIONS
      • COMPANY PROFILES
        • AMWAY
        • ARCHER DANIELS MIDLAND COMPANY
        • COUNTRY LIFE
        • DUPONT INC
        • GLANBIA PLC
        • GNC HOLDINGS
        • HERBALIFE LTD
        • KERRY GROUP
        • NESTLE
        • NUGO NUTRITION

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – VEGAN SUPPLEMENTS

    TABLE 2: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 3: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY PRODUCT, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 4: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY DISTRIBUTION CHANNEL, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 5: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY DISTRIBUTION CHANNEL, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 6: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY FORM, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 7: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY FORM, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 8: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 9: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 10: LIST OF MERGERS & ACQUISITIONS

    TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 12: LIST OF PARTNERSHIPS, CONTRACTS/AGREEMENTS & COLLABORATIONS

    TABLE 13: LIST OF BUSINESS EXPANSIONS

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2020

    FIGURE 6: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY PROTEIN, 2021-2028 (IN $ MILLION)

    FIGURE 7: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY VITAMINS, 2021-2028 (IN $ MILLION)

    FIGURE 8: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY MINERALS, 2021-2028 (IN $ MILLION)

    FIGURE 9: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY OTHER PRODUCTS, 2021-2028 (IN $ MILLION)

    FIGURE 10: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, GROWTH POTENTIAL, BY DISTRIBUTION CHANNEL, IN 2020

    FIGURE 11: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY PHARMACY, 2021-2028 (IN $ MILLION)

    FIGURE 12: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY SPECIALTY STORES, 2021-2028 (IN $ MILLION)

    FIGURE 13: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY HYPERMARKET, 2021-2028 (IN $ MILLION)

    FIGURE 14: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY ONLINE STORES, 2021-2028 (IN $ MILLION)

    FIGURE 15: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, GROWTH POTENTIAL, BY FORM, IN 2020

    FIGURE 16: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY CAPSULES & TABLETS FORM, 2021-2028 (IN $ MILLION)

    FIGURE 17: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY POWDER FORM, 2021-2028 (IN $ MILLION)

    FIGURE 18: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, BY OTHER FORMS, 2021-2028 (IN $ MILLION)

    FIGURE 19: NORTH AMERICA VEGAN SUPPLEMENTS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 20: UNITED STATES VEGAN SUPPLEMENTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 21: CANADA VEGAN SUPPLEMENTS MARKET, 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. MARKET BY PRODUCT
      • PROTEIN
      • VITAMINS
      • MINERALS
      • OTHER PRODUCTS
    2. MARKET BY DISTRIBUTION CHANNEL
      • PHARMACY
      • SPECIALTY STORES
      • HYPERMARKET
      • ONLINE STORES
    3. MARKET BY FORM
      • CAPSULES & TABLETS FORM
      • POWDER FORM
      • OTHER FORMS

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