Latin America Packaged Vegan Food Market is estimated to be growing at a CAGR of 11.5%, within the given forecast period.
Overview:
Consumers converging on cutting down on animal-based dairy products have started favoring packaged vegan food. Packaged vegan food is prepared deprived of the use of any animal-based ingredients ensuing in low fat and cholesterol. A growing number of people are nowadays turning vegan because of their love and consideration toward animals and the environment.
Based on Product:
Dairy Alternatives
Packaged Meals
Meat Alternatives
Bakery and Confectionery Product
Based on Distribution Channel:
Supermarkets and Hypermarkets
Natural and Organic Stores
Others.
Regional Insights:
Brazil
Mexico
Argentina
The huge rise in spending in the Packaged Vegan Food market has increased the demand in the market. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia. The availability of a large customer base with rising disposable incomes is set to drive the market in the foreseeable future.
Amy’s Kitchen
Beyond Meat
Plamil Foods
Tofutti Brand
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