Posted 3/5/2024, 1:45:00 PM
Vegan Sweets Storming Market as Eco-Conscious Consumers Crave Ethical Indulgences
- Vegan confectionary market size to reach $3 billion by 2032 due to demand for sustainable, natural ingredients
- Product launches like Werther’s Original chocolate covered caramels cater to growing preference for ethical, eco-friendly choices
- Gifts & special occasions segment will see high demand for plant-based treats for celebrations
- Asia Pacific will show significant growth thanks to rising awareness of plant-based diets and ethical consumerism
- Major players like Allison’s Gourmet and Unreal Brands expanding market footprint via strategic initiatives aligned with evolving consumer values