LATIN AMERICA PACKAGED VEGAN

Latin America Packaged vegan food Market
The Latin America Packaged Vegan Food Market was worth USD XX billion in 2016 and
estimated to be growing at a CAGR of XX%, to reach USD XX billion by 2021.
Consumers converging on cutting down animal based dairy products have started
favouring packaged vegan food. Packaged vegan food is prepared deprived of the use
of any animal based ingredients ensuing in low fat and cholesterol. Growing number of
people are now a days turning vegan because of their love and consideration toward
animals and the environment.
Since vegan diet favours animal rights as a result people are adopting it because of their
ethical concerns toward environment and animal. The concern for animal welfare have
led more people to prefer vegan food.
The Latin America Packaged Vegan Food market is driven by the health benefits offered
such as the avoidance of diseases like heart attack and diabetes and boosting protective
enzymes in the body and the growing concern towards animal welfare and cruelty.
However, the growth of the market is restrained by the lack of definitive regulations
associated with vegan food labelling.
The Latin America Packaged Vegan Food market is segmented on the basis of product,
distribution channel and by region. On the basis of product, the market is segmented
into dairy alternatives, packaged meals and meat alternatives, bakery and confectionery
product. On the basis of distribution channel the market is segmented into supermarkets
and hypermarkets, natural and organic stores, and others.
Latin America market region includes countries such as Brazil, Mexico, Argentina, and
remaining countries of South America. The huge rise in spending in the Packaged
Vegan Food market has increased the demand in the market. Brazil is one of the largest
markets in this region followed by Mexico, Argentina, and Columbia. The availability of
large customer base with rising disposable incomes is set to drive the market in the
foreseeable future.
The major players operating in the Latin America Packaged Vegan Food industry
include Amy’s Kitchen, Beyond Meat, Plamil Foods, Tofutti Brands and WhiteWave
Foods among others.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
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