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Global Vegan Marshmallow Market to reach USD 4499 million by 2027

Global Vegan Marshmallow Market Size study, by Ingredient (Vanilla, Pumpkin, Peppermint, Chocolate), by Distribution Channel (Hypermarkets/Supermarkets, Convenience Store, Drug Stores & Pharmacies, Health & Wellness Stores) by pricing (economic , premium ) and Regional Forecasts 2020-2027

Product Code: OIRFAB_16414719
Publish Date: 8-06-2020
Page: 200

Global Vegan Marshmallow Market is valued approximately USD 2678 million in 2019 and is anticipated to grow with a healthy growth rate of more than 6.7 % over the forecast period 2020-2027. Vegan Marshmallow is a natural ingredient made with vegan products and does not contain gelatin (animal extract). It is used by people following a vegan diet. Along with its vegan properties, it also possesses some medicinal properties which helps to cure various infections and diseases like diabetes , obesity and cholesterol. Due to the increasing concerns for animal welfare, people are shifting to the vegan diet , as a result increasing demand for vegan Marshmallow market. Also, after the advent of coronavirus large population of people shifted permanently to vegan diet. According to a report by Vegan Society, only 1% consumers claimed to be vegan in 2014. And in 2017, that number rose to 6% So the demand for vegan products has enormously increased. A study undertaken by World Health Organisation way back in 2019 established efficacy of Marshmallows in relieving coughs induced by colds, bronchitis and other respiratory tract diseases. Over a span of 12 days, the 62 participants in the trial reported almost 90% improvement in symptoms. Thus, lozenges containing Marshmallows have become highly popular resulting to the increase in demand for vegan Marshmallow .However, high cost of vegan Marshmallow impedes the growth of the market over the forecast period of 2020-2027. Also, Opportunity with the increasing prevalence of injuries, the adoption & demand for Vegan Marshmallow is likely to increase.

The regional analysis of global Vegan Marshmallow market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing preference of vegan diet among people. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income and rising standard of living of people would create lucrative growth prospects for the Vegan Marshmallow market across Asia-Pacific region.

Major market player included in this report are:
Supreme Industries Limited,
DS Smith Plc
Schoeller Allibert Services B.V.
TranPak, Inc.
Rehrig Pacific Company, Inc.
Ravensbourn Plastics Ltd
IPL Plastics Inc.
Zhejiang Zhengji Plastic Industry Co. Ltd
Craemer UK Ltd
Palcon LLC and Myers Industries, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Ingredient:
Vanilla
Pumpkin
Peppermint
Chocolate

By Distribution Channel:
Hypermarkets/Supermarkets
Convenience Store
Drug Stores & Pharmacies
Health & Wellness Stores

By Pricing:
Economic
Premium

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Vegan Marshmallow Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Vegan marshmallow Market, by Region, 2018-2027 (USD Million)
1.2.2. Vegan marshmallow Market, by Ingredients, 2018-2027 (USD Million)
1.2.3. Vegan marshmallow Market, by Distribution channel , 2018-2027 (USD Million)
1.2.4. Vegan marshmallow Market, by Pricing, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Vegan marshmallow Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Vegan marshmallow Market Dynamics
3.1. Vegan marshmallow Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Vegan marshmallow Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Vegan marshmallow Market, by Ingredients
5.1. Market Snapshot
5.2. Global Vegan marshmallow Market by Ingredients, Performance – Potential Analysis
5.3. Global Vegan marshmallow Market Estimates & Forecasts by Ingredients 2017-2027 (USD Million)
5.4. Vegan marshmallow Market, Sub Segment Analysis
5.4.1. Vanilla
5.4.2. Pumpkin
5.4.3. Papermint
5.4.4. Chocolate
Chapter 6. Global Vegan marshmallow Market, by Distribution channel
6.1. Market Snapshot
6.2. Global Vegan marshmallow Market by Distribution channel, Performance – Potential Analysis
6.3. Global Vegan marshmallow Market Estimates & Forecasts by Distribution channel 2017-2027 (USD Million)
6.4. Vegan marshmallow Market, Sub Segment Analysis
6.4.1. Hypermarkets/Supermarkets
6.4.2. ,Convenience Store
6.4.3. ,Drug Stores & Pharmacies
6.4.4. ,Health & Wellness Stores
Chapter 7. Global Vegan marshmallow Market, by Pricing

7.1. Market Snapshot
7.2. Global Vegan marshmallow Market by Pricing, Performance – Potential Analysis
7.3. Global Vegan marshmallow Market Estimates & Forecasts by Pricing 2017-2027 (USD Million)
7.4. Vegan marshmallow Market, Sub Segment Analysis
7.4.1. Economic
7.4.2. Premium
Chapter 8. Global Vegan marshmallow Market, Regional Analysis
8.1. Vegan marshmallow Market, Regional Market Snapshot
8.2. North America Vegan marshmallow Market
8.2.1. U.S. Vegan marshmallow Market
8.2.1.1. Ingredients breakdown estimates & forecasts, 2017-2027
8.2.1.2. Distribution channel breakdown estimates & forecasts, 2017-2027
8.2.1.3. Pricing breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Vegan marshmallow Market
8.3. Europe Vegan marshmallow Market Snapshot
8.3.1. U.K. Vegan marshmallow Market
8.3.2. Germany Vegan marshmallow Market
8.3.3. France Vegan marshmallow Market
8.3.4. Spain Vegan marshmallow Market
8.3.5. Italy Vegan marshmallow Market
8.3.6. Rest of Europe Vegan marshmallow Market
8.4. Asia-Pacific Vegan marshmallow Market Snapshot
8.4.1. China Vegan marshmallow Market
8.4.2. India Vegan marshmallow Market
8.4.3. Japan Vegan marshmallow Market
8.4.4. Australia Vegan marshmallow Market
8.4.5. South Korea Vegan marshmallow Market
8.4.6. Rest of Asia Pacific Vegan marshmallow Market
8.5. Latin America Vegan marshmallow Market Snapshot
8.5.1. Brazil Vegan marshmallow Market
8.5.2. Mexico Vegan marshmallow Market
8.6. Rest of The World Vegan marshmallow Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Supreme Industries Limited
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2 DS Smith Plc
9.2.3 Schoeller Allibert Services B.V.
9.2.4TranPak, Inc.
9.2.5 Rehrig Pacific Company, Inc.
9.2.6 Ravensbourn Plastics Ltd
9.2.7 IPL Plastics Inc.
9.2.8 Zhejiang Zhengji Plastic Industry Co. Ltd
9.2.9 Craemer UK Ltd
9.2.10 Palcon LLC and Myers Industries, Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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