Home Food & Beverages Vegan Sauces, Dressings, and Spreads Market Size, Share and Forecast to 2031

Vegan Sauces, Dressings, and Spreads Market Size, Share & Trends Analysis Report By Product (Sauces, Dressings, Spreads), By Distribution Channel (Offline, Online) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2023-2031

Report Code: SRFB54726DR
Last Updated : Jul 18, 2023
Author : Straits Research
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Market Overview

The global vegan sauces, dressings, and spreads market size was valued at USD 0.258 billion in 2022. It is estimated to reach USD 0.583 billion by 2031, growing at a CAGR of 9.5% during the forecast period (2023–2031).

Vegan sauces, dressings, and spreads are condiments and toppings specially crafted to meet the needs of individuals following a vegan lifestyle. These products are free from animal-derived ingredients, making them suitable for vegans who avoid consuming dairy, eggs, or honey. One of the key benefits of vegan sauces, dressings, and spreads is their wide range of flavors. They provide a delicious and satisfying taste to various dishes, allowing vegans to enjoy their meals without compromising their dietary choices. These condiments can be used in various ways, such as dips for vegetables, spreads for sandwiches, salad dressings, or toppings for cooked meals.

The ingredients used in vegan sauces, dressings, and spreads are primarily sourced from plants. Common ingredients include vegetables, fruits, herbs, spices, grains, nuts, seeds, and plant oils. Manufacturers can create flavorful and nutritious products that align with vegan principles using these plant-based ingredients. For example, vegan mayonnaise is a popular alternative to traditional mayonnaise, made from soy milk, vinegar, and vegetable oil. It provides the same creamy texture and tangy taste as regular mayonnaise without using eggs. Similarly, vegan salad dressings are made with olive oil, vinegar, lemon juice, herbs, and spices to create delicious and refreshing flavors.

Highlights

  • Sauces dominate the products segment.
  • Offline dominates the distribution channel segment.
  • North America is the highest shareholder in the global market.
Vegan Sauces, Dressings, and Spreads Market

Market Dynamics

Global vegan sauces, dressings, and spreads market drivers

Increasing prevalence of lactose intolerance across the globe

The increasing prevalence of lactose intolerance across the globe is driving the demand for lactose-free and dairy-free products, including vegan sauces, dressings, and spreads. Lactose intolerance is a common digestive disorder where individuals have difficulty digesting lactose, a sugar found in dairy products. It happens when the body produces insufficient lactase, the enzyme that breaks down lactose. According to studies and research, lactose intolerance affects a significant portion of the global population. In addition, the prevalence varies among different ethnic groups and regions, but it is estimated that approximately 65% of the world's population is lactose intolerant. This problem can make people feel bad such as bloating, gas, abdominal pain, and diarrhea after consuming dairy products.

Many people choose dairy-free and vegan diets not only because of lactose intolerance but also for ethical, environmental, and health reasons. The growing popularity of the impact of animal agriculture on the environment, concerns about animal welfare, and the desire for healthier lifestyle choices have contributed to the rise in veganism and the demand for vegan products.

Growing awareness regarding animal cruelty and rising environment protection campaign

The growing awareness regarding animal rights and the pursuit of improved animal conditions have been significant driving factors in the rise of vegan sauces, dressings, and spreads. A sizable portion of the populace has evolved into increasingly concerned about the welfare of animals, particularly those in the dairy industry. The practices and conditions endured by cows in industrial dairy operations have been scrutinized, leading to a desire for more ethical and compassionate alternatives. The desire to support more humane and ethical alternatives has led many individuals to seek vegan sauces, dressings, and spreads that do not rely on animal-derived ingredients.

The Humane Society of the U.S. claims that the U.S. dairy industry subjects approximately 9 million cows to various practices that can negatively impact their welfare. These include repeated reimpregnation, short calving intervals, overproduction of milk, restrictive housing systems, poor nutrition, and physical disorders. These practices are often implemented to maximize milk production and profits, disregarding the animals' well-being. Such conditions and practices have raised concerns among consumers who are increasingly conscious of animal abuse and its effects on the environment, driving market growth.

Global vegan sauces, dressings, and spreads market restraint

Higher prices as compared to non-vegan products

Regular or non-vegan sauces, dressings, and spreads are much cheaper than vegan variants, which greatly restrains the growth of the global market. Veganism as a lifestyle has been on the rise over the past six to eight years, and the cost of living for vegans has also increased during this time. For instance, according to a December 2016 report published by the Metro, one of the U.K.’s most renowned print newspapers, people must spend an additional USD 2,400 or more to adhere to a vegan lifestyle. This is a massive financial burden on people, particularly those from middle-income groups. This scenario is anticipated to curb the adoption of vegan sauces, dressings, and spreads.

Veganism is expensive in the United States because vegan products are more expensive than their non-vegan counterparts. Moreover, vegans have to spend on additional supplements such as vitamin B12, zinc, omega-3 fatty acids, and vitamin k-2, which they do not get from their regular vegan diet. These drawbacks of vegan products limit the growth of the vegan sauces, dressings, and spreads market.

Global vegan sauces, dressings, and spreads market opportunity

Increasing consumer demand for plant-based and vegan food products

The increasing consumer demand for plant-based and vegan food products is a significant driver of the global market for vegan sauces, dressings, and spreads. There has been a notable shift in dietary preferences and lifestyle choices, with more people adopting plant-based and vegan diets for various reasons. One of the main forces behind this pattern is health consciousness. Consumers' awareness of health benefits issues is growing associated with plant-based diets, such as the reduced risk of obesity, heart disease, and certain forms of cancer. Plant-based and vegan food products are often perceived as healthier alternatives, typically higher in fiber, lower saturated fats, cholesterol, and essential nutrients. As a result, demand has increased for vegan sauces, dressings, and spreads that can enhance the flavor of plant-based meals while aligning with consumers' health goals.

 

Study Period 2019-2031 CAGR 9.5%
Historical Period 2019-2021 Forecast Period 2023-2031
Base Year 2022 Base Year Market Size USD 0.258 Billion
Forecast Year 2031 Forecast Year Market Size USD 0.583 Billion
Largest Market North America Fastest Growing Market Europe
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Regional Analysis

North America Dominates the Global Market

Based on region, the global vegan sauces, dressings, and spreads market is bifurcated into North America, Europe, Asia-Pacific, Central and South America, and the Middle East and Africa.

North America is the most significant global vegan sauces, dressings, and spreads market shareholder and is estimated to exhibit a CAGR of 10.51% over the forecast period. The North American market for vegan sauces, dressings, and spreads is witnessing steady growth, driven by factors such as increasing lactose intolerance among consumers and a growing preference for cruelty-free and sustainable food options. There will be plenty of opportunities for producers and suppliers in the vegan food industry as awareness of these issues grows along with consumer demand for plant-based products.

Furthermore, there is a growing preference for cruelty-free food products among consumers in North America. Concerns for animal welfare and the environment have prompted a shift towards vegan and plant-based diets. Many consumers are seeking food options that align with their values of ethical and sustainable consumption. Vegan sauces, dressings, and spreads provide a cruelty-free alternative to traditional products that may contain animal-derived ingredients. This ethical consideration and the desire to make environmentally conscious choices have fueled the demand for vegan options.

Europe is expected to exhibit a CAGR of 8.9% over the forecast period. The European market for vegan sauces, dressings, and spreads is driven by a combination of factors, including the growing vegan movement, increased awareness about health and sustainability, and the cultural diversity that encourages consumers to explore new flavors. The region's strong emphasis on culinary traditions and the availability of various plant-based ingredients have further contributed to the popularity of vegan sauces. Moreover, well-established retail channels, including supermarkets, specialty stores, and online platforms, enable easy accessibility and distribution of vegan products across Europe.

Additionally, the European market for vegan sauces, dressings, and spreads is experiencing steady growth, fueled by factors such as the rise of the vegan movement, increasing consumer awareness about health and sustainability, and the demand for diverse and flavorful options. As more European consumers embrace plant-based diets and seek ethical and environmentally friendly food choices, the market is anticipated to maintain its upward trend, providing opportunities for manufacturers and suppliers in the vegan food industry.

In Asia-Pacific, the vegan sauces, dressings, and spreads market is seeing significant growth, driven by increasing awareness about vegan food, concerns for animal welfare and the environment, and the attraction towards international cuisines. As more regional consumers embrace plant-based diets and seek ethical and healthier food options, the market is poised for further expansion, presenting opportunities for manufacturers and suppliers in the vegan food industry.

In the Middle East and Africa, awareness about the benefits of plant-based products is growing. Consumers in the region are becoming more conscious of their health and are adopting healthier eating habits. They recognize the advantages of incorporating plant-based food products into their diets, including vegan sauces, dressings, and spreads, offering a healthier and more sustainable alternative to traditional animal-based options. Moreover, the region has an increasing preference for sustainable and ethical products.

The Central and South American vegan sauces, dressings, and spreads market is poised for significant growth. Manufacturers have the opportunity to meet the needs of this emerging industry and establish a sizable presence in the space due to the convergence of rising health restrictions, growing animal welfare concerns, and consumer demand for diverse and flavorful options.

 

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Segmental Analysis

The global vegan sauces, dressings, and spreads market is bifurcated into products and distribution channels.

Based on products, the global vegan sauces, dressings, and spreads market is bifurcated into sauces, dressings, and spreads.

The sauces segment dominates the global market and is expected to exhibit a CAGR of 9.6% over the forecast period. The sauces segment is the largest product category within the global vegan sauces, dressings, and spreads market. Sauces are expected to maintain their dominance over the forecast period, which is attributed to the huge consumption of sauces compared to dressings and spreads. Vegan sauces are gaining popularity due to the increasing demand for plant-based and healthier food options. Consumers are seeking products that are not only delicious but also provide nutritional benefits. Vegan sauces fulfill this requirement by offering flavorsome options rich in fiber, antioxidants, vitamins, and minerals.

Additionally, these sauces are crucial in enhancing various dishes' taste and visual appeal. They are commonly used as condiments, marinades, or dipping sauces, adding flavor to meals and snacks. Vegan sauces are versatile, catering to different preferences and culinary styles. Several well-known brands in the market offer a wide range of vegan sauces. Victoria, Annie's Naturals, and Trader Joe's are popular brands known for their vegan sauce offerings. These brands are recognized for their commitment to using high-quality ingredients and providing flavorful options for consumers seeking plant-based alternatives.

Based on distribution channels, the global vegan sauces, dressings, and spreads market is bifurcated into offline and online.

The offline segment owns the highest market share and is expected to exhibit a CAGR of 9.3% over the forecast period. Offline distribution channels, including supermarkets, convenience stores, and specialty stores, have traditionally held a dominant position in the global vegan sauces, dressings, and spreads market. In 2022, offline distribution emerged as the largest segment, capturing a significant market share of 83.4%. One of the primary reasons for the prominence of offline distribution channels is the consumer inclination toward physically examining and evaluating the quality of grocery products.

Supermarkets and convenience stores allow consumers to look through various items, including vegan sauces, dressings, and spreads. This hands-on shopping experience allows customers to assess the products' packaging, ingredients, and overall appeal before purchasing. Moreover, offline channels provide consumers with immediate access to the products they need. Supermarkets and convenience stores are conveniently located within residential areas and are easily accessible to many consumers. This accessibility encourages consumers to include vegan sauces, dressings, and spreads in their regular grocery shopping trips, making offline channels a convenient choice for many.

 

Market Size By Product

Market Size By Product
  • Sauces
  • Dressings
  • Spreads


  • List of key players in Vegan Sauces, Dressings, and Spreads Market

    1. vegan sauces
    2. dressings and spread market
    3. Daiya Foods Inc
    4. Meridian Foods Limited
    5. Amys Kitchen Inc.
    6. B&G Foods Inc.
    7. Litehouse Inc.
    8. Red Duck Foods Inc.
    9. Majestic Garlic
    10. Bear Pond Farm
    11. Kensington & Sons.
    Vegan Sauces, Dressings, and Spreads Market Share of Key Players

    Recent Developments

    • April 2023- The Vegan Society launched a new campaign to raise awareness of the benefits of vegan sauce dressing spreads. The campaign, called "Vegan Sauces Dressings Spreads: Good for You, Good for the Planet," features a variety of recipes and tips for using vegan sauces dressings spreads.
    • May 2023- The Veganuary movement announced that it had reached a record number of participants in 2023. Veganuary is a global movement that encourages people to try a vegan diet for January. The growing popularity of Veganuary is a sign of the increasing demand for vegan products, including sauces, dressings spreads.

    Vegan Sauces, Dressings, and Spreads Market Segmentations

    By Product (2019-2031)

    • Sauces
    • Dressings
    • Spreads

    By Distribution Channel (2019-2031)

    • Offline
    • Online

    Frequently Asked Questions (FAQs)

    How big is the vegan sauces, dressings, and spreads market?
    The global vegan sauces, dressings, and spreads market size was valued at USD 0.258 billion in 2022. It is estimated to reach USD 0.583 billion by 2031, growing at a CAGR of 9.5% during the forecast period (2023–2031).
    Europe has the highest growth in the global market.
    Key verticals adopting the market include: Daiya Foods Inc; Meridian Foods Limited; Amy's Kitchen, Inc.; B&G Foods, Inc.; Litehouse Inc.; Red Duck Foods, Inc.; Majestic Garlic; Bear Pond Farm; and Kensington & Sons.
    Increasing prevalence of lactose intolerance across the globe and growing awareness regarding animal cruelty and rising environment protection campaign are the key drivers for the growth of the global market.
    Increasing consumer demand for plant-based and vegan food products is one of the upcoming key trends in the global market.


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