Market Overview:
The global plant-based dry sausage market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for vegan food products, especially among millennials. Additionally, the growing awareness about the health benefits of plant-based diets is also contributing to the growth of this market. The vegan pepperoni segment is expected to account for a major share of the global plant-based dry sausage market during the forecast period. This segment is projected to grow at a CAGR of 7% from 2018 to 2030. The vegan salami segment is also projected to grow at a healthy rate during the forecast period owing to its rising popularity among consumers looking for healthier meat substitutes.
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Product Definition:
A plant-based dry sausage (vegan dry sausage) is a type of vegan meat substitute that is made out of textured vegetable protein or other plant-based ingredients. These sausages are often used in recipes or as a topping on sandwiches.
Vegan Pepperoni:
Vegan pepperoni is a plant-based food product made from soy protein, wheat gluten, and pea fiber. It has been gaining popularity among the vegan population due to its meaty taste and texture. The product is available in various forms such as slices, rings, sticks, etc., which are consumed by different types of consumers including vegetarians & non-vegetarians.
The global vegan pepperoni market size was valued at USD 1.5 billion in 2018.
Vegan Salami:
Vegan salami is a type of dry sausage made from soy protein, wheat gluten, and various other plant-based ingredients. It has been gaining popularity among consumers looking for meat alternatives. The product is available in different flavors such as spicy jalapeno, sweet Italian style with herbs and spices (oregano, basil), original flavor (no preservatives), chipotle cheddar & colby jack cheese blend (vegan version of regular salami) and many others.
Application Insights:
The pizza application segment led the global plant-based dry sausage (vegan dry sausage) market in 2017. This was attributed to the increasing consumption of vegan and vegetarian pizzas across the globe. Furthermore, demand for low cholesterol, low saturated fat, and low calorie products is expected to drive growth over the forecast period.
The ready to eat food application segment is anticipated register a significant CAGR of XX% from 2018 to 2030 owing to an increase in consumer preference for packaged foods as they are seen as a convenient option compared with home cooked meals. Moreover, rising disposable income levels coupled with changing lifestyles have created favorable conditions for product manufacturers seeking entry into new markets through innovative product launches and strategic partnerships & collaborations.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness considerable growth over the forecast period owing to increasing awareness about veganism and demand for plant-based food among consumers. Moreover, rising number of companies investing in R&D for development of innovative products is anticipated to fuel industry expansion over the next eight years.
Asia Pacific has also been witnessing significant growth due to growing consumer awareness regarding benefits of a vegan diet coupled with increasing disposable income especially in developing countries such as China and India will drive this regional market further.
Europe was valued at USD X billion accounting for 18% share of global revenue in 2017 owing to high consumption especially among population from Italy, Germany, France and U.K.
Growth Factors:
- Increasing demand for vegan food products: The global vegan population is growing at a rapid pace and this is expected to drive the demand for plant-based dry sausage products.
- Rising awareness about the health benefits of plant-based diets: There is a growing awareness among consumers about the health benefits of plant-based diets, which is likely to boost the demand for vegan dry sausages.
- Growing popularity of meatless meals: Meatless meals are becoming increasingly popular, especially among millennials, which is likely to boost the demand for plant-based dry sausages.
- Increasing number of vegetarian and vegan restaurants: There has been a significant increase in the number of vegetarian and vegan restaurants in recent years, which is expected to fuel growth in the market for plant-based dry sausages.
Scope Of The Report
Report Attributes
Report Details
Report Title
Plant-based Dry Sausage (Vegan Dry Sausage) Market Research Report
By Type
Vegan Pepperoni, Vegan Salami, Others
By Application
Pizza, Ready to Eat Food, Others
By Companies
Beyond, Lightlife, Tofurky, Field Roast
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Plant-based Dry Sausage (Vegan Dry Sausage) Market Report Segments:
The global Plant-based Dry Sausage (Vegan Dry Sausage) market is segmented on the basis of:
Types
Vegan Pepperoni, Vegan Salami, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pizza, Ready to Eat Food, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Beyond
- Lightlife
- Tofurky
- Field Roast
 Market Overview.svg)
Highlights of The Plant-based Dry Sausage (Vegan Dry Sausage) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vegan Pepperoni
- Vegan Salami
- Others
- By Application:
- Pizza
- Ready to Eat Food
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Plant-based Dry Sausage (Vegan Dry Sausage) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Plant-based dry sausage is a type of vegan sausage that is made from plant-based ingredients. It can be made with either soy or wheat meat, and it often contains spices and herbs to give it a flavor similar to traditional pork sausage.
Some of the major players in the plant-based dry sausage (vegan dry sausage) market are Beyond, Lightlife, Tofurky, Field Roast.
The plant-based dry sausage (vegan dry sausage) market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Plant-based Dry Sausage (Vegan Dry Sausage) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Plant-based Dry Sausage (Vegan Dry Sausage) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plant-based Dry Sausage (Vegan Dry Sausage) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Plant-based Dry Sausage (Vegan Dry Sausage) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Plant-based Dry Sausage (Vegan Dry Sausage) Market Size & Forecast, 2020-2028
4.5.1 Plant-based Dry Sausage (Vegan Dry Sausage) Market Size and Y-o-Y Growth
4.5.2 Plant-based Dry Sausage (Vegan Dry Sausage) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Vegan Pepperoni
5.2.2 Vegan Salami
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pizza
6.2.2 Ready to Eat Food
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plant-based Dry Sausage (Vegan Dry Sausage) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Plant-based Dry Sausage (Vegan Dry Sausage) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Vegan Pepperoni
9.6.2 Vegan Salami
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pizza
9.10.2 Ready to Eat Food
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Vegan Pepperoni
10.6.2 Vegan Salami
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pizza
10.10.2 Ready to Eat Food
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Vegan Pepperoni
11.6.2 Vegan Salami
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pizza
11.10.2 Ready to Eat Food
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Vegan Pepperoni
12.6.2 Vegan Salami
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pizza
12.10.2 Ready to Eat Food
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Vegan Pepperoni
13.6.2 Vegan Salami
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pizza
13.10.2 Ready to Eat Food
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Plant-based Dry Sausage (Vegan Dry Sausage) Market: Competitive Dashboard
14.2 Global Plant-based Dry Sausage (Vegan Dry Sausage) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Beyond
14.3.2 Lightlife
14.3.3 Tofurky
14.3.4 Field Roast
