ROCKVILLE, MD — The vegan cookies market is projected to grow at a CAGR of 8.5% within the next 10 years and reach $391.5 million by 2033, according to a new report from Fact.MR.
Sales of vegan cookies represented 15% of purchases from vegan bakery goods worldwide. The demand for vegan cookies stems from the combined popularity of baked goods and vegan products.
Veganism is a growing trend around the world, with consumers increasingly seeking environmentally friendly solutions due to concern with animal abuse in conventional food manufacturing.
The demand for vegan food products is expected to grow as more people become educated about how their dietary choices influence the environment. This demand has boosted vegan cookie sales and their popularity.
Outside of specialized merchants, accessibility is sometimes limited for vegan baked goods. With the growing demand, vegan products are becoming more recognizable. Vegan cookies can now be found. through brand stores, websites, traditional retailer/local stores and e-commerce platforms.
Key players in the vegan cookie industry are: