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Newstrail
Newstrail
According to the latest report by IMARC Group, titled “Vegan Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global vegan food market size reached US$ 17 Billion in 2020. On account of the aforementioned factors, the market is expected to grow at a CAGR of 11.4% during 2021-2026. Vegan food refers to a variety of foods that are free from dairy or meat. These food products are commonly processed and derived from plant-based sources that are widely replacing regular dairy and meat products. They are generally similar in flavor, taste and texture…