Vegan Supplements Market In North America to grow by USD 768.62 Mn by 2026, Market Segmentation by Distribution Channel and Geography - Technavio

NEW YORK, Oct. 31, 2022 /PRNewswire/ -- The vegan supplements market in North America size is expected to increase by USD 768.62 million, at a CAGR of 7.75% from 2021 to 2026. The market is segmented by distribution channel and geography with Y-O-Y market growth of 5.71%. Request Free Sample Report.

One of the main factors boosting the growth of the vegan supplement market in North America is the rising desire for natural products. The consumption of natural products has increased as consumers become more aware of the long-term harm of poisonous and chemical products to the human body. Major retailers like Costco, Walmart, and Whole Foods are encouraging manufacturers of food supplements to make major changes, such as employing plant-based ingredients and natural tastes in their products.

As a result, food producers have started including vegan supplements made from plants that contain critical nutrients in their product line. As a result, the rising demand for natural products will expand the North American vegan supplements market during the forecast period. Download Free Sample Report.

Some of the companies covered in this report are Aloha, Canopy Growth Corp., Danone SA, Deva Nutrition LLC, FORGE Supplements, Future Kind, Jarrow Formulas Inc., Kerry Group Plc, Kikkoman Corp., Lauras Original Boston Brownies Inc., Natrol LLC, Nestle SA, NOW Health Group Inc., NuGo Nutrition, PepsiCo Inc., Vital Amine Inc., Wonder Laboratories, and DuPont de Nemours Inc., etc.

• Aloha: The company offers vegan supplements such as protein powders, bars, and drinks in multiple flavors with plant-based ingredients.
• Canopy Growth Corp. The company offers vegan supplements for beauty and health, diet and weight management sports nutrition, and, sleep and mood support.
• Future Kind: The company offers vegan supplements under the brand names Vivid and Solar, for mental clarity, enhanced brain function, improved focus, and stress management.
• NOW Health Group Inc.: The company offers vegan supplements such as vitamins, minerals, protein, collagen, and other supplements through the subsidiary company Garden of Life.
• NuGo Nutrition: The company offers vegan supplements for beauty and health, diet and weight management, sports nutrition, and sleep and mood support.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Buy Sample Report.

• By Distribution Channel 
• Online 
• During the projected period, the online segment will significantly increase its market share of vegan supplements in North America. In comparison to physical storefronts, online retailers enjoy lower operational expenses. They also give customers the convenience of shopping from the comfort of their homes while giving them the opportunity to view and compare a wide range of products and brands. The expansion of online retailers selling vegan supplements in North America is directly correlated with the growth in Internet users.
• Additionally, due to technical advancements, the US has the fastest rate of Internet penetration. During the projected period, these aspects of online retailers will fuel market expansion for vegan supplements in the US.
• Offline
• By Geography
• US
• Canada
• Mexico

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1 Executive Summary

• 1.1 Market Overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Regional - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on North America: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Regional - Market size and forecast 2021-2026 ($ million)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

• 5.1 Market segments 
• Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)

• 5.2 Comparison by Distribution Channel 
• Exhibit 26: Chart on Comparison by Distribution Channel
• Exhibit 27: Data Table on Comparison by Distribution Channel

• 5.3 Online - Market size and forecast 2021-2026
• Exhibit 28: Chart on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Online - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Online - Year-over-year growth 2021-2026 (%)

• 5.4 Offline - Market size and forecast 2021-2026
• Exhibit 32: Chart on Offline - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Offline - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Offline - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Distribution Channel
• Exhibit 36: Market opportunity by Distribution Channel ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography - 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography - 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 US - Market size and forecast 2021-2026 
• Exhibit 42: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.4 Canada - Market size and forecast 2021-2026
• Exhibit 46: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.5 Mexico - Market size and forecast 2021-2026
• Exhibit 50: Chart on Mexico - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Mexico - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Mexico - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Mexico - Year-over-year growth 2021-2026 (%)

• 7.6 Market opportunity by geography 
• Exhibit 54: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 55: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 56: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 57: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 58: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 59: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 60: Matrix on vendor position and classification

• 10.3 Aloha 
• Exhibit 61: Aloha - Overview
• Exhibit 62: Aloha - Product / Service
• Exhibit 63: Aloha - Key offerings

• 10.4 Canopy Growth Corp. 
• Exhibit 64: Canopy Growth Corp. - Overview
• Exhibit 65: Canopy Growth Corp. - Business segments
• Exhibit 66: Canopy Growth Corp. - Key news
• Exhibit 67: Canopy Growth Corp. - Key offerings
• Exhibit 68: Canopy Growth Corp. - Segment focus

• 10.5 FORGE Supplements 
• Exhibit 69: FORGE Supplements - Overview
• Exhibit 70: FORGE Supplements - Product / Service
• Exhibit 71: FORGE Supplements - Key offerings

• 10.6 Future Kind 
• Exhibit 72: Future Kind - Overview
• Exhibit 73: Future Kind - Product / Service
• Exhibit 74: Future Kind - Key offerings

• 10.7 Kikkoman Corp. 
• Exhibit 75: Kikkoman Corp. - Overview
• Exhibit 76: Kikkoman Corp. - Business segments
• Exhibit 77: Kikkoman Corp. - Key offerings
• Exhibit 78: Kikkoman Corp. - Segment focus

• 10.8 Nestle SA 
• Exhibit 79: Nestle SA - Overview
• Exhibit 80: Nestle SA - Business segments
• Exhibit 81: Nestle SA - Key news
• Exhibit 82: Nestle SA - Key offerings
• Exhibit 83: Nestle SA - Segment focus

• 10.9 NOW Health Group Inc. 
• Exhibit 84: NOW Health Group Inc. - Overview
• Exhibit 85: NOW Health Group Inc. - Product / Service
• Exhibit 86: NOW Health Group Inc. - Key offerings

• 10.10 PepsiCo Inc. 
• Exhibit 87: PepsiCo Inc. - Overview
• Exhibit 88: PepsiCo Inc. - Business segments
• Exhibit 89: PepsiCo Inc. - Key news
• Exhibit 90: PepsiCo Inc. - Key offerings
• Exhibit 91: PepsiCo Inc. - Segment focus

• 10.11 Vital Amine Inc. 
• Exhibit 92: Vital Amine Inc. - Overview
• Exhibit 93: Vital Amine Inc. - Product / Service
• Exhibit 94: Vital Amine Inc. - Key offerings

• 10.12 Wonder Laboratories 
• Exhibit 95: Wonder Laboratories - Overview
• Exhibit 96: Wonder Laboratories - Product / Service
• Exhibit 97: Wonder Laboratories - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 98: Inclusions checklist
• Exhibit 99: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 100: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 101: Research methodology
• Exhibit 102: Validation techniques employed for market sizing
• Exhibit 103: Information sources

• 11.5 List of abbreviations 
• Exhibit 104: List of abbreviations

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