Global Vegan Ghee Market, By Source (Olive oil, Coconut oil, Sunflower oil, Soybean oil, and Others), By Application (Industrial and Household), By Distribution Channel (Supermarket & Hypermarket, Specialty Stores, Online Stores and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

Report Code: PMI465121 | Publish Date: August 2023 | No. of Pages: 168

Global Vegan Ghee Market Overview

Plant- based vegan ghee offers a healthier alternative to other source of ghee, some can be high in fat and cholesterol. Others are low in overall calories, but may instead lack nutrition. Vegan ghee are also available in many flavors like coconut oil based, sunflower oil based and others. The ghee is cholesterol and flat free which is beneficial for heart patients. People are shifting from animal based products to plant based products, this might be due to many reasons. For instance, people are more conscious for their health and becoming diet conscious. The global vegan ghee market volume accounted for US$ 2.1 million tons in 2020 and is estimated to be 3.6 million tons by 2030 and is anticipated to register a CAGR of 5.3%.

Global Vegan Ghee Market Dynamics

Vegan Ghee More healthier than Organic Ghee

Increasing popularity of ghee due to its healthy benefit stated by ayurvedic medicine is one of the driver of the market. Vegan ghee is healthier than organic ghee as it is cholesterol and trans fat free with Vitamin A and Vitamin D which can be driving factor for this market. Many local producers are coming up with this idea of vegan ghee which boost this market. For instance, In 2021, Kitchen doctor, health consultancy launched vegan ghee in Mumbai.

Rising shift of consumers toward Vegan product

Consumers are shifting towards plant based product and becoming vegan also drives the market of global vegan ghee.

 

Lack of unawareness and unavailability of product

Lack of awareness for benefits of vegan ghee can hamper the market and shortage of product due to less number of key players can decline the market of global vegan ghee.

Access Crucial Insights at a Fraction of the Cost | Request Your Discount

Global Vegan Ghee Market Segmentation

 

 

 

 

Source: Prophecy Market Insights

The global vegan ghee market is segmented based on source, application, distribution channel and region.

 

By Source, the Global Vegan Ghee Market is segmented into Olive oil, Coconut oil, Sunflower oil, Soybean oil, and others. By Application, the Global Vegan Ghee Market is segmented into Industrial and Household. By Distribution Channel, the market is segmented in Supermarket & Hypermarket, Specialty Stores, Online Stores and Others.

Regional Insights:

On region the global Vegan Ghee market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is dominating in the term of revenue during the forecast period comparing with other countries due to more awareness about veganism among consumers and key players availability. Europe and Asia-Pacific have more opportunity to drive the market of vegan ghee.

Reduce costs by up to 30% with a custom report tailored to your specific needs | Request Customized Report

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2030

Market Segmentation

By Source- Olive oil, Coconut oil, sunflower oil, Soybean oil and Others.

By Application–Industrial and Household.

By Distribution channel– Supermarket & Hypermarket, Specialty stores, Online stores and Others.

 

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global Vegan Ghee market report based on product, application, distribution channel and region.

 

Global Vegan Ghee Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Vegan Ghee Market Key Players

The key players operating in the global vegan ghee market includes Root & Soils vegan, Urban Platter, Emkay, Live Yum Dairy, Milkio, Fushi, Bonsan, and Nutiva. On 3rd Feb, 2020, Nutiva launched vegan ghee made from coconut oil and avocado oil packed with healthy fats.

Global Vegan Ghee Market Company Profile

  • Nutiva
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Root & Soils vegan
  • Urban Platter
  • Emkay
  • Live Yum Dairy
  • Milkio
  • Fushi
  • Bonsan

 “*” marked represents similar segmentation in other categories in the respective section

Global Vegan Ghee Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for vegan ghee market Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Source
      • Market Snippet, By Application
      • Market Snippet, By Distribution channel
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Vegan Ghee Market, By Source, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Olive oil
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Coconut oil
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Sunflower oil
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Soyabean oil
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030

 

  1. Global Vegan Ghee Market, By Application, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Industrial
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Household
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  2. Global Vegan Ghee Market, By Distribution channel, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Supermarket & Hypermarket
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Specialty stores
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Online stores
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  3. Global Vegan Ghee Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Source, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Distribution channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Source, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Distribution channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Source, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Distribution channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Source, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Distribution channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Source, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Distribution channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  4. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  5. Company Profiles
  • Nutiva
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Root & Soils vegan
  • Urban Platter
  • Emkay
  • Live Yum Dairy
  • Milkio
  • Fushi
  • Bonsan
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

 

FAQs

The global vegan ghee market is segmented based on source, application, distribution channel and region.

Rising shift towards veganism is the major factor driving growth of the global market.

North America is dominating in the term of revenue during the forecast period comparing with other countries due to more awareness about veganism among consumers and key players availability. Europe and Asia-Pacific have more opportunity to drive the market of vegan ghee.