The North America Vegan Eggs Market would witness market growth of 16.1% CAGR during the forecast period (2023-2030).
The growing awareness of the environmental impact of animal agriculture has led to a surge in consumer interest in sustainable food options. The production of vegan eggs requires fewer natural resources, emits fewer greenhouse gases, and has a significantly reduced ecological footprint compared to conventional egg production. This aligns with the preferences of environmentally conscious consumers, driving the demand for sustainable and eco-friendly food alternatives, thereby fostering the growth of the market.
Influencer endorsements and testimonials from trusted personalities, chefs, and nutritionists have added credibility to marketing campaigns and consumer education efforts. Positive reviews and recommendations have influenced consumer perceptions, building confidence in vegan egg products' quality, taste, and reliability. These testimonials have played a crucial role in shaping consumer attitudes and driving the increased demand for these eggs.
A growing proportion of the American population is adopting plant-based diets due to environmental, health, animal welfare, and allergy concerns. The number of supermarket chains in Major supermarkets, health food stores, and specialty shops have expanded their offerings to accommodate the growing interest in plant-based diets. This expansion has provided consumers with increased access to the egg alternatives. Mexico stands at 3,284, as reported by the Mexican Association of Nationwide Retailers (ANTAD, 2021). Therefore, all these factors will aid in expanding the regional market in the coming years.
The US region dominated the North America Vegan Eggs Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $162.1 million by 2030. The Canada region is experiencing a CAGR of 18.7% during (2023 - 2030). Additionally, The Mexico region would exhibit a CAGR of 17.7% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Form, the market is segmented into Liquid, Powder, and Egg-shaped. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Vegan Eggs Market is Predict to reach $479 Million by 2030, at a CAGR of 16.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Eat Just, Inc., Glanbia PLC, Bob’s Red Mill Natural Foods, Inc., ProVeg e.V., Atlantic Natural Foods, Inc., Evo Foods, Lovely Day Foods GmbH, Roma Food Products, Grupo Mantiqueira and Le Papondu.
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