The Europe Vegan Dips Market would witness market growth of 7.1% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 3,725.7 thousand Units (Per 7-9 OZ), showcasing a growth of 5.4% (2019-2022).
Vegan dips have revolutionized the snacking landscape, offering a guilt-free and satisfying option for those seeking flavorful bites between meals. Whether paired with fresh vegetables, crackers, or artisanal bread, vegan dips have become a staple in the snacking repertoire. The versatility of vegan dips makes them ideal for creating appetizers and party platters. From creamy spinach and artichoke dips to zesty guacamoles, these plant-based delights have found a place at social gatherings, potlucks, and celebratory events.
The influence of vegan dips extends beyond appetizers to enrich main courses with culinary fusion. Dips serve as delectable accompaniments to dishes such as plant-based tacos, wraps, and Buddha bowls, adding layers of flavor and texture to the overall dining experience. Home cooks are increasingly incorporating vegan dips into their culinary repertoire, experimenting with recipes showcasing the versatility of these plant-based delights. DIY vegan dip recipes, shared across social media platforms, inspire a new wave of culinary creativity in households.
Moreover, the United Kingdom has seen a significant increase in people adopting plant-based diets for health, environmental, and ethical reasons. This shift in dietary preferences drives the demand for various plant-based food products, including vegan dips. The growing popularity of plant-based diets is not limited to home consumption. Restaurants and food service providers in the UK also incorporate more plant-based options into their menus, contributing to plant-based foods' overall acceptance and popularity. As per the data from the U.S. Department of Agriculture, the demand for plant-based meat and dairy alternatives in the United Kingdom has boomed in recent years and was valued at around $1.6 billion at retail in 2020. Thus, rising plant-based diet trends in Europe will boost the demand for vegan dips in the region.
The Germany market dominated the Europe Vegan Dips Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $14,152.9 Thousand by 2030. The UK market is exhibiting a CAGR of 6.2% during (2023 - 2030). Additionally, The France market would experience a CAGR of 8.1% during (2023 - 2030).
Based on Flavors, the market is segmented into Classic, Herby & Fresh, Spicy, and Others. Based on Packaging, the market is segmented into Containers & Tubs, Bottles, Sachets & Pouches, and Others. Based on Type, the market is segmented into Salsa, Hummus, Guacamole, and Others. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Online, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Vegan Dips Market will Hit $191.8 Million by 2030, at a CAGR of 7.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Kraft Heinz Company, Kite Hill, Good Foods Group, LLC, Daiya Food, Inc. (Otsuka Pharmaceutical Co., Ltd.), Wm. Bolthouse Farms, Inc., Wingreens Farms Private Limited, Sabra Dipping Company, LLC, PepsiCo, Inc. (Frito-Lay North America Inc.), Siete Family Foods, and Galaxy Nutritional Foods, Inc. (GreenSpace Brands).
By Flavors (Volume, Thousand Units (Per 7-9 OZ), USD Million, 2019-2030)
By Packaging (Volume, Thousand Units (Per 7-9 OZ), USD Million, 2019-2030)
By Type (Volume, Thousand Units (Per 7-9 OZ), USD Million, 2019-2030)
By Distribution Channel (Volume, Thousand Units (Per 7-9 OZ), USD Million, 2019-2030)
By Country (Volume, Thousand Units (Per 7-9 OZ), USD Million, 2019-2030)
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