18/04/2022 Business Opportunities, Franchise
The Vegan Pasta Market is estimated to be valued at USD 176 Mn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 416.7 Mn by 2032, rising at a CAGR of 9% for 2022-32.
The increase is due to the population's acceptance of veganism, which has spread like wildfire over the world. As a result, traditional pasta manufacturers have begun to produce plant-based pasta or vegan pasta in order to cater to vegan customers. The desire for healthy, clean-label foods is on the rise, prompting pasta manufacturers to focus their efforts on vegan offerings. The market is anticipated to hold a share of around 20% of the overall pasta market.
Moreover, consumers holding intolerance towards gluten tend to shift away from gluten-based products, particularly meat-based consumables. As a consequence, vegan pasta is set to make forays into the diet of health-conscious and vegan consumers in the forecast period.
For more details, Please visit- https://www.futuremarketinsights.com/reports/vegan-pasta-market
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