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Fastest Growing Food Trends and Segments

The fastest growing food trends emphasize natural ingredients and convenience, according to the new PMMI Business Intelligence report of 2019 and at the center lies the ever growing Vegan Food Market.

1

Industry Trend Insights.

The global vegan food market size was valued at 12.69 billion in 2018 and is projected to expand 9.6% from 2019 to 2025. Increasing awareness about the benefits of following vegan diet is the key factor responsible for the growth of this market. 

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Growing awareness about animal health and animal cruelty in the food industry has been encouraging people to shift from animal-based to plant-based food products. According to The Vegan Society, from 2012 to 2017, the meat-free food demand grew by 987%. The product is Googled three times more than gluten-free and vegetarian products.

 

Rising awareness about various health benefits offered by plant-based food products has increased the consumer base of this industry. 

2

Food Product Insights.

Dairy alternatives were the largest product segment in 2018 and accounted for more than 50% of the global revenue. Around 65% of the global population is lactose intolerance, which is a key factor boosting the demand for dairy alternative food items. Availability of a number of vegan products, such as cheese, yogurt, ice cream, and snacks, has also attracted non-vegetarians and widened the consumer base of this segment.

In addition, manufacturers in the market have introduced a number of quality food items in different flavors with attractive packaging solutions. This is also likely to contribute to segment growth. Among such products, plant-based cheese accounted for the largest share in the dairy alternatives. 

3

Distribution Channel Insights.

Offline was the largest distribution channel and is projected to maintain its dominance over the forecast period. This segment includes convenience stores, specialty stores, hypermarkets, and supermarkets with food delivery and pickup growing rapidly. 

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Start your vegan business small and then expand

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Rather than getting everything right 100% before you launch, test your product and business before funding more of the same. 

A FEW VEGAN FOOD BUSINESS IDEAS.

  1. Gelato Bar with delicious dairy-free ice cream

  2. Vegan Pies

  3. Nut Cheeses

  4. The vegan version of Krispy Kremes

  5. Vegan Pizza with home delivery 

  6. Vegan Salsas

  7. Pickles

  8. Start a food truck specializing in mouth-watering vegan burgers

  9. Vegan Brownies

  10. Vegan Puddings

  11. Salads for Vegans

  12. Vegan Proteins

  13. Pre-planned Vegan Meal Delivery

  14. Vegan Hoagies

  15. Vegan Burgers

  16. Vegan Meals

  17. Vegan Appetizers

  18. Vegan finger foods

  19. Vegan baby food

  20. Vegan Smoothie

  21. Vegan Juices

  22. Vegan lasagnas

  23. Vegan Pasta dishes

  24. Vegan Guacamole

  25. Vegan Snacks

  26. Vegan Granola

  27. Vegan protein balls

  28. Vegan desserts

  29. Vegan Jerky

  30. Vegan Nut Milks

  31. Many food items are vegan by default, like salsa so the list is endless

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Healthy Food Factory is YOUR Kitchen Commissary for a Food Business! 

Chefs,  Food truck owners, bakers, and food entrepreneurs face a myriad of rules and regulations when operating a food business. One rule or regulation food business owners may encounter is the requirement to prepare their food in an approved commercial-grade kitchen or commissary. Come see the Healthy Food Factory Shared kitchen where we will help you with permits and licensing and also a few things to be mindful of starting a food business. Call Steve at (561) 394-7466.

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