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Synopsis
Increasing public awareness about the health consequences of consuming animal products as well as ethical issues surrounding animal agriculture is gradually leading to an increase in mainstream popularity of veganism which is driving the market growth in the forecasted period. The leaders in the market are launching unique products to satisfy the demands of consumers around the world. These products are similar to canned tuna in taste and texture while combining ingredients that offer an overload of health benefits. Vegan tuna contains a lot of fiber, which is useful for improving digestion and preventing obesity and cardiovascular disease. . The Industry is working on developing a texture that is flaky and has a fishy flavor without overwhelming the senses. As a result of consumer preferences changing more and more restaurants and major food chains are offering vegan foods to their customers. As soy and peas are the prime sources of vegan tuna and they are rich in protein and also give the texture of tuna. A soy allergy can cause hyperactivity of the immune system and even lead to anaphylaxis. An increasing number of people are allergic to soy and peas, which is hindering the market growth of the Industry and making it more challenging for manufacturers to manufacture allergen-free vegan tuna. Due to an increase in diseases related to birds and swine, the use of vegan tuna has increased in recent years. A decline in the demand for non-vegetarian meals and consistently a rise in the demand for vegan products have been shown. By attracting consumers' attention to the vegan tuna market and using the market budget to leverage this opportunity, vegan tuna manufacturers may be able to take advantage of this opportunity in the forecasted period. Consumers' interest in the vegan product is driving the market growth and manufacturers have to maintain high nutritional values without compromising the taste or texture. Determining proper salt and sugar proportions for vegan tunas, considering several health concerns, which is a challenge for manufacturers and high prices of the product will further limit the market growth.
Global Vegan Tuna market is projected to reach US$ 227.4 million in 2029, increasing from US$ 149 million in 2022, with the CAGR of 5.6% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Vegan Tuna market research.
The global vegan tuna market refers to the market for plant-based alternatives to traditional tuna, which are designed to mimic the taste, texture, and appearance of tuna without using any animal-derived ingredients. Plant-based tuna options have gained popularity in recent years due to the increasing demand for plant-based and sustainable protein sources, concerns about overfishing and the impact on marine ecosystems, and the growing number of individuals following vegan or vegetarian diets. The market for vegan tuna is driven by several factors, including the rising awareness of the environmental impact of traditional fishing practices, the health benefits associated with plant-based diets, and the demand for cruelty-free and sustainable food options. Vegan tuna products are typically made from ingredients such as soy protein, wheat gluten, pea protein, or a combination of plant-based protein sources. These products are formulated to replicate the taste and texture of tuna and are often available in various formats, including canned, pouches, or frozen options. Geographically, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa are key regions in the global vegan tuna market. The market is influenced by factors such as consumer preferences, dietary habits, product availability, and cultural factors. Developed regions, such as North America and Europe, have a higher market penetration due to the presence of a larger vegan and vegetarian population, as well as a greater demand for plant-based protein options. Key players in the global vegan tuna market include both established food manufacturers and startups specializing in plant-based products. These companies invest in research and development to create innovative plant-based tuna alternatives, improve taste and texture, and expand product offerings. Additionally, collaborations with retailers, restaurants, and foodservice providers help increase product visibility and availability. There are several advantages as well as challenges associated with the global vegan tuna market. Advantages include reduced environmental impact, sustainability, animal welfare considerations, and the potential health benefits of plant-based diets. However, challenges include the need to accurately replicate the taste and texture of traditional tuna, market competition, and the need for consumer education and acceptance of plant-based alternatives.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Vegan Tuna market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Good Catch
Ocean Hugger Foods
Sophie's Kitchen
New Wave Foods
Gardein
Beyond Meat
Prime Roots
Atlantic Natural Foods
Nestlé S.A
Avant Meats
Tuno
Vantastic Foods
Segment by Type
Soy-Based Protein
Wheat-Based Protein
Pea-Based Protein
Potato-Based Protein
Rice-Based Protein
Others
Segment by Application
Online Sales
Offline Sales
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
The Vegan Tuna report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Country Level Sales Analysis
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6: Manufacturers’ Outline
Chapter 7: Industry Chain, Market Channel and Customer Analysis
Chapter 8: Market Opportunities and Challenges
Chapter 9: Market Conclusions
Chapter 10: Research Methodology and Data Source
Increasing public awareness about the health consequences of consuming animal products as well as ethical issues surrounding animal agriculture is gradually leading to an increase in mainstream popularity of veganism which is driving the market growth in the forecasted period. The leaders in the market are launching unique products to satisfy the demands of consumers around the world. These products are similar to canned tuna in taste and texture while combining ingredients that offer an overload of health benefits. Vegan tuna contains a lot of fiber, which is useful for improving digestion and preventing obesity and cardiovascular disease. . The Industry is working on developing a texture that is flaky and has a fishy flavor without overwhelming the senses. As a result of consumer preferences changing more and more restaurants and major food chains are offering vegan foods to their customers. As soy and peas are the prime sources of vegan tuna and they are rich in protein and also give the texture of tuna. A soy allergy can cause hyperactivity of the immune system and even lead to anaphylaxis. An increasing number of people are allergic to soy and peas, which is hindering the market growth of the Industry and making it more challenging for manufacturers to manufacture allergen-free vegan tuna. Due to an increase in diseases related to birds and swine, the use of vegan tuna has increased in recent years. A decline in the demand for non-vegetarian meals and consistently a rise in the demand for vegan products have been shown. By attracting consumers' attention to the vegan tuna market and using the market budget to leverage this opportunity, vegan tuna manufacturers may be able to take advantage of this opportunity in the forecasted period. Consumers' interest in the vegan product is driving the market growth and manufacturers have to maintain high nutritional values without compromising the taste or texture. Determining proper salt and sugar proportions for vegan tunas, considering several health concerns, which is a challenge for manufacturers and high prices of the product will further limit the market growth.
Global Vegan Tuna market is projected to reach US$ 227.4 million in 2029, increasing from US$ 149 million in 2022, with the CAGR of 5.6% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Vegan Tuna market research.
The global vegan tuna market refers to the market for plant-based alternatives to traditional tuna, which are designed to mimic the taste, texture, and appearance of tuna without using any animal-derived ingredients. Plant-based tuna options have gained popularity in recent years due to the increasing demand for plant-based and sustainable protein sources, concerns about overfishing and the impact on marine ecosystems, and the growing number of individuals following vegan or vegetarian diets. The market for vegan tuna is driven by several factors, including the rising awareness of the environmental impact of traditional fishing practices, the health benefits associated with plant-based diets, and the demand for cruelty-free and sustainable food options. Vegan tuna products are typically made from ingredients such as soy protein, wheat gluten, pea protein, or a combination of plant-based protein sources. These products are formulated to replicate the taste and texture of tuna and are often available in various formats, including canned, pouches, or frozen options. Geographically, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa are key regions in the global vegan tuna market. The market is influenced by factors such as consumer preferences, dietary habits, product availability, and cultural factors. Developed regions, such as North America and Europe, have a higher market penetration due to the presence of a larger vegan and vegetarian population, as well as a greater demand for plant-based protein options. Key players in the global vegan tuna market include both established food manufacturers and startups specializing in plant-based products. These companies invest in research and development to create innovative plant-based tuna alternatives, improve taste and texture, and expand product offerings. Additionally, collaborations with retailers, restaurants, and foodservice providers help increase product visibility and availability. There are several advantages as well as challenges associated with the global vegan tuna market. Advantages include reduced environmental impact, sustainability, animal welfare considerations, and the potential health benefits of plant-based diets. However, challenges include the need to accurately replicate the taste and texture of traditional tuna, market competition, and the need for consumer education and acceptance of plant-based alternatives.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Vegan Tuna market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Good Catch
Ocean Hugger Foods
Sophie's Kitchen
New Wave Foods
Gardein
Beyond Meat
Prime Roots
Atlantic Natural Foods
Nestlé S.A
Avant Meats
Tuno
Vantastic Foods
Segment by Type
Soy-Based Protein
Wheat-Based Protein
Pea-Based Protein
Potato-Based Protein
Rice-Based Protein
Others
Segment by Application
Online Sales
Offline Sales
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
The Vegan Tuna report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Country Level Sales Analysis
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6: Manufacturers’ Outline
Chapter 7: Industry Chain, Market Channel and Customer Analysis
Chapter 8: Market Opportunities and Challenges
Chapter 9: Market Conclusions
Chapter 10: Research Methodology and Data Source
Index1 Vegan Tuna Market Overview
1.1 Product Overview and Scope of Vegan Tuna
1.2 Vegan Tuna Segment by Type
1.2.1 Global Vegan Tuna Market Value Comparison by Type (2023-2029)
1.2.2 Soy-Based Protein
1.2.3 Wheat-Based Protein
1.2.4 Pea-Based Protein
1.2.5 Potato-Based Protein
1.2.6 Rice-Based Protein
1.2.7 Others
1.3 Vegan Tuna Segment by Application
1.3.1 Global Vegan Tuna Market Value by Application: (2023-2029)
1.3.2 Online Sales
1.3.3 Offline Sales
1.4 Global Vegan Tuna Market Size Estimates and Forecasts
1.4.1 Global Vegan Tuna Revenue 2018-2029
1.4.2 Global Vegan Tuna Sales 2018-2029
1.4.3 Global Vegan Tuna Market Average Price (2018-2029)
1.5 Assumptions and Limitations
2 Vegan Tuna Market Competition by Manufacturers
2.1 Global Vegan Tuna Sales Market Share by Manufacturers (2018-2023)
2.2 Global Vegan Tuna Revenue Market Share by Manufacturers (2018-2023)
2.3 Global Vegan Tuna Average Price by Manufacturers (2018-2023)
2.4 Global Vegan Tuna Industry Ranking 2021 VS 2022 VS 2023
2.5 Global Key Manufacturers of Vegan Tuna, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Vegan Tuna, Product Type & Application
2.7 Vegan Tuna Market Competitive Situation and Trends
2.7.1 Vegan Tuna Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Vegan Tuna Players Market Share by Revenue
2.7.3 Global Vegan Tuna Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Vegan Tuna Retrospective Market Scenario by Region
3.1 Global Vegan Tuna Market Size by Region: 2018 Versus 2022 Versus 2029
3.2 Global Vegan Tuna Global Vegan Tuna Sales by Region: 2018-2029
3.2.1 Global Vegan Tuna Sales by Region: 2018-2023
3.2.2 Global Vegan Tuna Sales by Region: 2024-2029
3.3 Global Vegan Tuna Global Vegan Tuna Revenue by Region: 2018-2029
3.3.1 Global Vegan Tuna Revenue by Region: 2018-2023
3.3.2 Global Vegan Tuna Revenue by Region: 2024-2029
3.4 North America Vegan Tuna Market Facts & Figures by Country
3.4.1 North America Vegan Tuna Market Size by Country: 2018 VS 2022 VS 2029
3.4.2 North America Vegan Tuna Sales by Country (2018-2029)
3.4.3 North America Vegan Tuna Revenue by Country (2018-2029)
3.4.4 United States
3.4.5 Canada
3.5 Europe Vegan Tuna Market Facts & Figures by Country
3.5.1 Europe Vegan Tuna Market Size by Country: 2018 VS 2022 VS 2029
3.5.2 Europe Vegan Tuna Sales by Country (2018-2029)
3.5.3 Europe Vegan Tuna Revenue by Country (2018-2029)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Vegan Tuna Market Facts & Figures by Country
3.6.1 Asia Pacific Vegan Tuna Market Size by Country: 2018 VS 2022 VS 2029
3.6.2 Asia Pacific Vegan Tuna Sales by Country (2018-2029)
3.6.3 Asia Pacific Vegan Tuna Revenue by Country (2018-2029)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.7 Latin America Vegan Tuna Market Facts & Figures by Country
3.7.1 Latin America Vegan Tuna Market Size by Country: 2018 VS 2022 VS 2029
3.7.2 Latin America Vegan Tuna Sales by Country (2018-2029)
3.7.3 Latin America Vegan Tuna Revenue by Country (2018-2029)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Vegan Tuna Market Facts & Figures by Country
3.8.1 Middle East and Africa Vegan Tuna Market Size by Country: 2018 VS 2022 VS 2029
3.8.2 Middle East and Africa Vegan Tuna Sales by Country (2018-2029)
3.8.3 Middle East and Africa Vegan Tuna Revenue by Country (2018-2029)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Vegan Tuna Sales by Type (2018-2029)
4.1.1 Global Vegan Tuna Sales by Type (2018-2023)
4.1.2 Global Vegan Tuna Sales by Type (2024-2029)
4.1.3 Global Vegan Tuna Sales Market Share by Type (2018-2029)
4.2 Global Vegan Tuna Revenue by Type (2018-2029)
4.2.1 Global Vegan Tuna Revenue by Type (2018-2023)
4.2.2 Global Vegan Tuna Revenue by Type (2024-2029)
4.2.3 Global Vegan Tuna Revenue Market Share by Type (2018-2029)
4.3 Global Vegan Tuna Price by Type (2018-2029)
5 Segment by Application
5.1 Global Vegan Tuna Sales by Application (2018-2029)
5.1.1 Global Vegan Tuna Sales by Application (2018-2023)
5.1.2 Global Vegan Tuna Sales by Application (2024-2029)
5.1.3 Global Vegan Tuna Sales Market Share by Application (2018-2029)
5.2 Global Vegan Tuna Revenue by Application (2018-2029)
5.2.1 Global Vegan Tuna Revenue by Application (2018-2023)
5.2.2 Global Vegan Tuna Revenue by Application (2024-2029)
5.2.3 Global Vegan Tuna Revenue Market Share by Application (2018-2029)
5.3 Global Vegan Tuna Price by Application (2018-2029)
6 Key Companies Profiled
6.1 Good Catch
6.1.1 Good Catch Corporation Information
6.1.2 Good Catch Description and Business Overview
6.1.3 Good Catch Vegan Tuna Sales, Revenue and Gross Margin (2018-2023)
6.1.4 Good Catch Vegan Tuna Product Portfolio
6.1.5 Good Catch Recent Developments/Updates
6.2 Ocean Hugger Foods
6.2.1 Ocean Hugger Foods Corporation Information
6.2.2 Ocean Hugger Foods Description and Business Overview
6.2.3 Ocean Hugger Foods Vegan Tuna Sales, Revenue and Gross Margin (2018-2023)
6.2.4 Ocean Hugger Foods Vegan Tuna Product Portfolio
6.2.5 Ocean Hugger Foods Recent Developments/Updates
6.3 Sophie's Kitchen
6.3.1 Sophie's Kitchen Corporation Information
6.3.2 Sophie's Kitchen Description and Business Overview
6.3.3 Sophie's Kitchen Vegan Tuna Sales, Revenue and Gross Margin (2018-2023)
6.3.4 Sophie's Kitchen Vegan Tuna Product Portfolio
6.3.5 Sophie's Kitchen Recent Developments/Updates
6.4 New Wave Foods
6.4.1 New Wave Foods Corporation Information
6.4.2 New Wave Foods Description and Business Overview
6.4.3 New Wave Foods Vegan Tuna Sales, Revenue and Gross Margin (2018-2023)
6.4.4 New Wave Foods Vegan Tuna Product Portfolio
6.4.5 New Wave Foods Recent Developments/Updates
6.5 Gardein
6.5.1 Gardein Corporation Information
6.5.2 Gardein Description and Business Overview
6.5.3 Gardein Vegan Tuna Sales, Revenue and Gross Margin (2018-2023)
6.5.4 Gardein Vegan Tuna Product Portfolio
6.5.5 Gardein Recent Developments/Updates
6.6 Beyond Meat
6.6.1 Beyond Meat Corporation Information
6.6.2 Beyond Meat Description and Business Overview
6.6.3 Beyond Meat Vegan Tuna Sales, Revenue and Gross Margin (2018-2023)
6.6.4 Beyond Meat Vegan Tuna Product Portfolio
6.6.5 Beyond Meat Recent Developments/Updates
6.7 Prime Roots
6.6.1 Prime Roots Corporation Information
6.6.2 Prime Roots Description and Business Overview
6.6.3 Prime Roots Vegan Tuna Sales, Revenue and Gross Margin (2018-2023)
6.4.4 Prime Roots Vegan Tuna Product Portfolio
6.7.5 Prime Roots Recent Developments/Updates
6.8 Atlantic Natural Foods
6.8.1 Atlantic Natural Foods Corporation Information
6.8.2 Atlantic Natural Foods Description and Business Overview
6.8.3 Atlantic Natural Foods Vegan Tuna Sales, Revenue and Gross Margin (2018-2023)
6.8.4 Atlantic Natural Foods Vegan Tuna Product Portfolio
6.8.5 Atlantic Natural Foods Recent Developments/Updates
6.9 Nestlé S.A
6.9.1 Nestlé S.A Corporation Information
6.9.2 Nestlé S.A Description and Business Overview
6.9.3 Nestlé S.A Vegan Tuna Sales, Revenue and Gross Margin (2018-2023)
6.9.4 Nestlé S.A Vegan Tuna Product Portfolio
6.9.5 Nestlé S.A Recent Developments/Updates
6.10 Avant Meats
6.10.1 Avant Meats Corporation Information
6.10.2 Avant Meats Description and Business Overview
6.10.3 Avant Meats Vegan Tuna Sales, Revenue and Gross Margin (2018-2023)
6.10.4 Avant Meats Vegan Tuna Product Portfolio
6.10.5 Avant Meats Recent Developments/Updates
6.11 Tuno
6.11.1 Tuno Corporation Information
6.11.2 Tuno Vegan Tuna Description and Business Overview
6.11.3 Tuno Vegan Tuna Sales, Revenue and Gross Margin (2018-2023)
6.11.4 Tuno Vegan Tuna Product Portfolio
6.11.5 Tuno Recent Developments/Updates
6.12 Vantastic Foods
6.12.1 Vantastic Foods Corporation Information
6.12.2 Vantastic Foods Vegan Tuna Description and Business Overview
6.12.3 Vantastic Foods Vegan Tuna Sales, Revenue and Gross Margin (2018-2023)
6.12.4 Vantastic Foods Vegan Tuna Product Portfolio
6.12.5 Vantastic Foods Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Vegan Tuna Industry Chain Analysis
7.2 Vegan Tuna Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Vegan Tuna Production Mode & Process
7.4 Vegan Tuna Sales and Marketing
7.4.1 Vegan Tuna Sales Channels
7.4.2 Vegan Tuna Distributors
7.5 Vegan Tuna Customers
8 Vegan Tuna Market Dynamics
8.1 Vegan Tuna Industry Trends
8.2 Vegan Tuna Market Drivers
8.3 Vegan Tuna Market Challenges
8.4 Vegan Tuna Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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