NEWARK, Del, Dec. 31, 2022 (GLOBE NEWSWIRE) — The global vegan fast food market is predicted to be worth US$ 18829.5 million in 2023 and US$ 27980.2 million by 2033.
The global vegan fast food market is predicted to develop due to increased knowledge about the benefits of a vegan diet. An additional factor, such as growing awareness of animal health and cruelty in the food industry, has encouraged individuals to transition from animal-based to plant-based fast food, which has contributed to the market’s growth.
As a result of these reasons, demand for vegan fast food is expected to rise at a constant 4.5% CAGR, with the United Kingdom, the United States, Germany, and Japan emerging as important manufacturers.
The rise in awareness of health issues and human well-being, as well as changes in lifestyle, are the factors driving the growth of the global vegan fast food market. People are migrating toward vegetarian foods as their attitudes toward people and the environment alter.
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The rise in the number of students living in PGs or rented rooms is a crucial element contributing to the growth of the vegan fast-food market. Furthermore, firms are focusing on providing different new vegan fast food offers to attract customers as awareness grows.
Some fast-food companies, like Burger King, are selling plant-based fast food in order to attract customers’ attention. These…
