The global vegan confectionery market is expected to rise at a CAGR of 7.3% from 2024 to 2034. The market is estimated to be worth USD 1,377.7 million in 2024 and is expected to reach USD 3,327.8 million by 2034. Consumers are increasingly adopting plant-based diets due to health concerns and lifestyle disorders. Manufacturers have developed a range of plant-based products to cater to the growing demand in the confectionery industry.
Attributes | Key Statistics |
---|---|
Vegan Confectionery Market Value (2024) | USD 1,377.7 million |
Anticipated Market Value (2034) | USD 3,327.8 million |
Value-based CAGR (2024 to 2034) | 7.3% |
Plant-Based Confectionery Sector Propels the Global Vegan Confectionery Market
The global vegan confectionery market has grown remarkably in recent years, propelled forward by many factors. One of the main drivers of demand for vegan confectionery is the rising popularity of veganism, especially among millennials and the working population. The sudden shift toward plant-based diets is linked to the growing awareness of animal rights and environmental sustainability.
Consumers are more concerned about the ethical treatment of animals and the impact of food production on the environment. As a result, there has been a surge in campaigns and awareness efforts to promote veganism and plant-based diets, which has further boosted the market for vegan confectionery. The vegan confectionery market appears to have a promising future, with more expansion anticipated in the upcoming decade
The rising health and wellness awareness has led to a significant surge in demand for vegan confectionery products in recent years. One of the primary reasons behind this trend is the growing perception that vegan sweets are healthier than their traditional counterparts.
Vegan confectionery items are devoid of artificial additives, cholesterol, and allergens, making them an ideal choice for health-conscious people. Moreover, the increasing focus on health and wellness has contributed to the popularity of vegan confectionery products, as people now better understand the harmful impact of consuming excessive sugar and other unhealthy ingredients in traditional sweets.
The demand for plant-based products is increasing due to growing environmental concerns, presenting a profitable opportunity for market players in the vegan confectionery industry.
The vegan confectionery market experienced a steady CAGR of 7.30% from 2019 to 2023. The market growth is predicted to accelerate to a faster CAGR of 9.2% from 2024 to 2034. The projection suggests that the vegan confectionery product market is likely to experience a sustained decline over the next decade, indicating a growing trend toward plant-based and cruelty-free confectionery options.
Attributes | Key Statistics |
---|---|
Historical Market Value (2023) | USD 1,276.3 million |
Vegan Confectionery Market Size (2024) | USD 1,377.7 million |
HCAGR (2019 to 2023) | 9.2% |
The demand for organic and sustainable food products is set to rise significantly in the future. The benefits of plant-based diets for both the environment and consumer health are now well known to consumers.
Sweet manufacturers are expanding their product lines to include vegan options with various flavors to cater to the different tastes of consumers. Furthermore, the demand for various forms and flavors of vegan confectionery is anticipated to remain high, leading to sustained sales growth and customer retention.
Attributes | Details |
---|---|
By Product | Vegan Chocolate Bars |
Market Share in 2024 | 27.6% |
The vegan confectionery market has a wide range of products, with vegan chocolate bars being a popular choice due to their easy availability. In 2024, vegan chocolate bars held a market share of 27.6%.
Vegan chocolate bars are usually crafted using high-quality vegan ingredients, such as dark chocolate, nuts, and dried fruits. They are typically prepared with minimal additives and preservatives, making them a healthier and more natural option for consumers. With growing health concerns, many consumers prefer to opt for organic and natural food products that are perceived to offer more significant benefits in the market.
Attributes | Details |
---|---|
By Distribution Channel | Retail |
Market Share in 2024 | 42.5% |
The retail distribution channel facilitates higher sales of vegan products, accounting for a market share of 42.5% in 2024. The plant-based food industry has been promoting vegan confectionery products through partnerships with grocers and retail chains.
During the forecast period, the retail distribution channel is expected to experience a faster growth rate. The increasing number of retailers offering competitive pricing propels this segment’s growth. The largest market share can be attributed to easy access and robust distribution outlets.
Country/Region | CAGR (2024 to 2034) |
---|---|
United States | 6.8% |
United Kingdom | 10.3% |
Germany | 9.2% |
Australia | 7.4% |
BENELUX | 11.9% |
Over the forecast period, the United States market is expected to experience significant growth at a CAGR of 6.8% from 2024 to 2034. To appeal to a broader range of consumers, companies in the United States invest in developing new vegan confectionery products and expanding their distribution channels.
For instance, in February 2023, Mondelez released a new vegan Oreo cookie variant that has been gaining popularity as a dairy-free confectionery product.
The United Kingdom market is expected to experience a significant CAGR of 10.3% from 2024 to 2034. The market for vegan confectionery in the United Kingdom is rising as more people adopt vegan lifestyles.
Manufacturers and suppliers have an opportunity to cater to the growing demand by offering a diverse range of high-quality and delicious vegan confectionery options. The market is driven by health consciousness, environmental concerns, and ethical considerations, making the United Kingdom a promising landscape for the growth of the vegan confectionery market.
The BENELUX region has emerged as a lucrative market for vegan confectionery, holding immense growth potential. Accounting for 11.9% of the global vegan confectionery market, BENELUX dominates the sector due to its large population, evolving dietary preferences, and increased awareness of health and environmental concerns. This has led to a surge in demand for vegan chocolate confectionery and other plant-based products.
Manufacturers and suppliers can introduce high-quality, innovative vegan chocolate confectionery options to tap into the fast-growing BENELUX market. Investing in research and development for unique and appealing vegan chocolate products can help companies stand out in this market.
Germany holds the edge in the vegan confectionery market with an estimated CAGR of 9.2% through 2033. The projection period estimates that the country will experience the quickest growth rate, attributed to the increasing awareness of health and wellness issues.
German consumers are increasingly mindful of the impact of their diet on their health. They seek healthier alternatives to traditional candy, typically high in sugar, calories, and fat. Vegan confectionery is a better option, as it is made with natural ingredients, contains less sugar and fat, and is often free from preservatives and artificial additives.
The Australian vegan confectionery market is expected to grow at a CAGR of 7.4% over the forecast period. The demand for vegan sweets in Australia is rising, with an increasing awareness of animal welfare, health concerns, and a growing interest in plant-based diets contributing to this trend.
Manufacturers and suppliers may exploit the market shift by introducing inventive and high-quality vegan products that suit Australian customers' preferences and values.
The vegan confectionery market has witnessed significant growth and diversification in recent years due to the entry of many competitors. Key players in the industry focus on introducing high-end, nutrient-rich products that cater to a broader range of tastes and preferences to maintain their competitive edge.
Moreover, manufacturers are scaling up their production capabilities in response to the growing demand for vegan confectionery items while ensuring their products retain their nutritional value. As a result, consumers now have access to a more extensive and diverse range of vegan confectionery products, contributing to the overall market growth.
Recent Developments in the Vegan Confectionery Market
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Unit Pack) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Product, 2019 to 2034
Table 4: Global Market Volume (Unit Pack) Forecast by Product, 2019 to 2034
Table 5: Global Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 6: Global Market Volume (Unit Pack) Forecast by Distribution Channel, 2019 to 2034
Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 8: North America Market Volume (Unit Pack) Forecast by Country, 2019 to 2034
Table 9: North America Market Value (US$ Million) Forecast by Product, 2019 to 2034
Table 10: North America Market Volume (Unit Pack) Forecast by Product, 2019 to 2034
Table 11: North America Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 12: North America Market Volume (Unit Pack) Forecast by Distribution Channel, 2019 to 2034
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Latin America Market Volume (Unit Pack) Forecast by Country, 2019 to 2034
Table 15: Latin America Market Value (US$ Million) Forecast by Product, 2019 to 2034
Table 16: Latin America Market Volume (Unit Pack) Forecast by Product, 2019 to 2034
Table 17: Latin America Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 18: Latin America Market Volume (Unit Pack) Forecast by Distribution Channel, 2019 to 2034
Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 20: Western Europe Market Volume (Unit Pack) Forecast by Country, 2019 to 2034
Table 21: Western Europe Market Value (US$ Million) Forecast by Product, 2019 to 2034
Table 22: Western Europe Market Volume (Unit Pack) Forecast by Product, 2019 to 2034
Table 23: Western Europe Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 24: Western Europe Market Volume (Unit Pack) Forecast by Distribution Channel, 2019 to 2034
Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: Eastern Europe Market Volume (Unit Pack) Forecast by Country, 2019 to 2034
Table 27: Eastern Europe Market Value (US$ Million) Forecast by Product, 2019 to 2034
Table 28: Eastern Europe Market Volume (Unit Pack) Forecast by Product, 2019 to 2034
Table 29: Eastern Europe Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 30: Eastern Europe Market Volume (Unit Pack) Forecast by Distribution Channel, 2019 to 2034
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 32: South Asia and Pacific Market Volume (Unit Pack) Forecast by Country, 2019 to 2034
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Product, 2019 to 2034
Table 34: South Asia and Pacific Market Volume (Unit Pack) Forecast by Product, 2019 to 2034
Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 36: South Asia and Pacific Market Volume (Unit Pack) Forecast by Distribution Channel, 2019 to 2034
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 38: East Asia Market Volume (Unit Pack) Forecast by Country, 2019 to 2034
Table 39: East Asia Market Value (US$ Million) Forecast by Product, 2019 to 2034
Table 40: East Asia Market Volume (Unit Pack) Forecast by Product, 2019 to 2034
Table 41: East Asia Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 42: East Asia Market Volume (Unit Pack) Forecast by Distribution Channel, 2019 to 2034
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 44: Middle East and Africa Market Volume (Unit Pack) Forecast by Country, 2019 to 2034
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Product, 2019 to 2034
Table 46: Middle East and Africa Market Volume (Unit Pack) Forecast by Product, 2019 to 2034
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 48: Middle East and Africa Market Volume (Unit Pack) Forecast by Distribution Channel, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Product, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 5: Global Market Volume (Unit Pack) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ Million) Analysis by Product, 2019 to 2034
Figure 9: Global Market Volume (Unit Pack) Analysis by Product, 2019 to 2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Product, 2024 to 2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Product, 2024 to 2034
Figure 12: Global Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 13: Global Market Volume (Unit Pack) Analysis by Distribution Channel, 2019 to 2034
Figure 14: Global Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 16: Global Market Attractiveness by Product, 2024 to 2034
Figure 17: Global Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 18: Global Market Attractiveness by Region, 2024 to 2034
Figure 19: North America Market Value (US$ Million) by Product, 2024 to 2034
Figure 20: North America Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 23: North America Market Volume (Unit Pack) Analysis by Country, 2019 to 2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 26: North America Market Value (US$ Million) Analysis by Product, 2019 to 2034
Figure 27: North America Market Volume (Unit Pack) Analysis by Product, 2019 to 2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Product, 2024 to 2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Product, 2024 to 2034
Figure 30: North America Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 31: North America Market Volume (Unit Pack) Analysis by Distribution Channel, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 34: North America Market Attractiveness by Product, 2024 to 2034
Figure 35: North America Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 36: North America Market Attractiveness by Country, 2024 to 2034
Figure 37: Latin America Market Value (US$ Million) by Product, 2024 to 2034
Figure 38: Latin America Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 41: Latin America Market Volume (Unit Pack) Analysis by Country, 2019 to 2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 44: Latin America Market Value (US$ Million) Analysis by Product, 2019 to 2034
Figure 45: Latin America Market Volume (Unit Pack) Analysis by Product, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Product, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Product, 2024 to 2034
Figure 48: Latin America Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 49: Latin America Market Volume (Unit Pack) Analysis by Distribution Channel, 2019 to 2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 52: Latin America Market Attractiveness by Product, 2024 to 2034
Figure 53: Latin America Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 55: Western Europe Market Value (US$ Million) by Product, 2024 to 2034
Figure 56: Western Europe Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 57: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 59: Western Europe Market Volume (Unit Pack) Analysis by Country, 2019 to 2034
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 62: Western Europe Market Value (US$ Million) Analysis by Product, 2019 to 2034
Figure 63: Western Europe Market Volume (Unit Pack) Analysis by Product, 2019 to 2034
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Product, 2024 to 2034
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Product, 2024 to 2034
Figure 66: Western Europe Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 67: Western Europe Market Volume (Unit Pack) Analysis by Distribution Channel, 2019 to 2034
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 70: Western Europe Market Attractiveness by Product, 2024 to 2034
Figure 71: Western Europe Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 73: Eastern Europe Market Value (US$ Million) by Product, 2024 to 2034
Figure 74: Eastern Europe Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 77: Eastern Europe Market Volume (Unit Pack) Analysis by Country, 2019 to 2034
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Product, 2019 to 2034
Figure 81: Eastern Europe Market Volume (Unit Pack) Analysis by Product, 2019 to 2034
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Product, 2024 to 2034
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Product, 2024 to 2034
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 85: Eastern Europe Market Volume (Unit Pack) Analysis by Distribution Channel, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 88: Eastern Europe Market Attractiveness by Product, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 91: South Asia and Pacific Market Value (US$ Million) by Product, 2024 to 2034
Figure 92: South Asia and Pacific Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 95: South Asia and Pacific Market Volume (Unit Pack) Analysis by Country, 2019 to 2034
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Product, 2019 to 2034
Figure 99: South Asia and Pacific Market Volume (Unit Pack) Analysis by Product, 2019 to 2034
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Product, 2024 to 2034
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Product, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 103: South Asia and Pacific Market Volume (Unit Pack) Analysis by Distribution Channel, 2019 to 2034
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 106: South Asia and Pacific Market Attractiveness by Product, 2024 to 2034
Figure 107: South Asia and Pacific Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 109: East Asia Market Value (US$ Million) by Product, 2024 to 2034
Figure 110: East Asia Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 111: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 113: East Asia Market Volume (Unit Pack) Analysis by Country, 2019 to 2034
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 116: East Asia Market Value (US$ Million) Analysis by Product, 2019 to 2034
Figure 117: East Asia Market Volume (Unit Pack) Analysis by Product, 2019 to 2034
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Product, 2024 to 2034
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Product, 2024 to 2034
Figure 120: East Asia Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 121: East Asia Market Volume (Unit Pack) Analysis by Distribution Channel, 2019 to 2034
Figure 122: East Asia Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 124: East Asia Market Attractiveness by Product, 2024 to 2034
Figure 125: East Asia Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 127: Middle East and Africa Market Value (US$ Million) by Product, 2024 to 2034
Figure 128: Middle East and Africa Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 131: Middle East and Africa Market Volume (Unit Pack) Analysis by Country, 2019 to 2034
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Product, 2019 to 2034
Figure 135: Middle East and Africa Market Volume (Unit Pack) Analysis by Product, 2019 to 2034
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Product, 2024 to 2034
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Product, 2024 to 2034
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 139: Middle East and Africa Market Volume (Unit Pack) Analysis by Distribution Channel, 2019 to 2034
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 142: Middle East and Africa Market Attractiveness by Product, 2024 to 2034
Figure 143: Middle East and Africa Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
The global vegan confectionery market is valued at USD 1,377.7 million in 2024.
In 2023, the global vegan confectionery market was valued at USD 1,276.3 million.
In 2024, vegan chocolate bars are estimated to hold a market share of 27.6%.
The market is anticipated to expand at a CAGR of 9.2% from 2024 to 2034.
Candies made without dairy and with natural colors, flavors, and real fruit juice can be considered vegan.
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