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PUBLISHER: Grand View Research | PRODUCT CODE: 1654330
PUBLISHER: Grand View Research | PRODUCT CODE: 1654330
New Jersey Vegan Products Market Size, Share & Trends Analysis Report By Product (Food, Beverages), By Distribution Channel (Offline, Online), Segment Forecasts, Consumer Behavior And Competitive Analysis, 2025 - 2030
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PAGES: 60 Pages
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New Jersey Vegan Products Market Growth & Trends:
The New Jersey vegan products market size is estimated to reach USD 812.3 million by 2030, registering a CAGR of 14.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growing population of lactose-intolerant consumers in the U.S. is expected to aid the market growth as these consumers are increasingly seeking alternatives to dairy products.
Vegan products are becoming increasingly popular in the marketplace, with dynamic marketing strategies driving focused consumer demand for greater sales. Vegan-focused product sales are rising at unprecedented rates as consumers become more health-conscious, compassionate, and ecologically conscientious.
The vegan food product segment held the largest revenue share in 2024 and is expected to maintain noteworthy growth over the forecast period. Millennials have become more conscious about their health and fitness and are willing to pay a reasonable price for product ingredients that are vegan. Citing these trends, numerous vegan product manufacturers are launching various products like vegan meals.
The offline distribution channel segment dominated the market in 2024. The presence of vegan outlets and restaurants also makes it an attractive business opportunity. Some of the popular places offering vegan snacks, foods, desserts, and recipes in New Jersey are Alternative Plate, Blueberry Cafe, and Greens & Grains. The New Jersey market for vegan products has been characterized by the presence of a large number of regional and several international players.
New Jersey Vegan Products Market Report Highlights:
- By product, the food segment accounted for the largest revenue share of more than 51.8% in 2024. The segment is being driven by increased obesity and gastrointestinal problems
- The beverages segment is projected to experience significant growth over the forecast period, attributed to an increasing inclination towards fruit-based beverages, including smoothies, juices, nectars, and plant-based milk.
- In terms of distribution channel, the offline segment accounted for the largest revenue share in 2024, due to the wide availability of both premium and private label brands
- Product launch emerged as the key strategy deployed by the majority of market players to stay abreast of the competition.
Product Code: GVR-4-68039-661-1
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. New Jersey Vegan Products Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Profit Margin Analysis (Industry-level)
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunities
- 3.3.4. Market Challenges
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
- 3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends and Preferences
- 4.3. Factors Affecting Buying Decision
- 4.4. Consumer Ingredient Adoption
- 4.5. Observations & Recommendations
Chapter 5. New Jersey Vegan Products Market: Product Estimates & Trend Analysis
- 5.1. New Jersey Vegan Products Market, By Product: Key Takeaways
- 5.2. Product Movement Analysis & Market Share, 2024 & 2030
- 5.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (USD Million)
- 5.3.1. Food
- 5.3.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3.1.2. Ready Meals
- 5.3.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3.1.3. Cereals
- 5.3.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3.1.4. Confectionery
- 5.3.1.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3.1.5. Bakery Products
- 5.3.1.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3.1.6. Snacks
- 5.3.1.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3.1.7. Others
- 5.3.1.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3.2. Beverages
- 5.3.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3.1. Food
Chapter 6. New Jersey Vegan Products Market: Distribution Channel Estimates & Trend Analysis
- 6.1. New Jersey Vegan Products Market, By Distribution Channel: Key Takeaways
- 6.2. Distribution Channel Movement Analysis & Market Share, 2024 & 2030
- 6.3. Market Estimates & Forecasts, by Distribution Channel, 2018 - 2030 (USD Million)
- 6.3.1. Offline
- 6.3.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.3.2. Online
- 6.3.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.3.1. Offline
Chapter 7. New Jersey Vegan Products Market: Competitive Analysis
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Participant's Overview
- 7.4. Financial Performance
- 7.5. Ingredient Benchmarking
- 7.6. Company Market Share Analysis, 2024 (%)
- 7.7. Company Heat Map Analysis
- 7.8. Strategy Mapping
- 7.9. Company Profiles
- 7.9.1. General Mills, Inc.
- 7.9.1.1. Company Overview
- 7.9.1.2. Financial Performance
- 7.9.1.3. Ingredient Portfolios
- 7.9.1.4. Strategic Initiatives
- 7.9.2. Conagra Brands, Inc.
- 7.9.2.1. Company Overview
- 7.9.2.2. Financial Performance
- 7.9.2.3. Ingredient Portfolios
- 7.9.2.4. Strategic Initiatives
- 7.9.3. Hain Celestial
- 7.9.3.1. Company Overview
- 7.9.3.2. Financial Performance
- 7.9.3.3. Ingredient Portfolios
- 7.9.3.4. Strategic Initiatives
- 7.9.4. Blue Diamond Growers
- 7.9.4.1. Company Overview
- 7.9.4.2. Financial Performance
- 7.9.4.3. Ingredient Portfolios
- 7.9.4.4. Strategic Initiatives
- 7.9.5. Eden Foods
- 7.9.5.1. Company Overview
- 7.9.5.2. Financial Performance
- 7.9.5.3. Ingredient Portfolios
- 7.9.5.4. Strategic Initiatives
- 7.9.6. Nature's Path
- 7.9.6.1. Company Overview
- 7.9.6.2. Financial Performance
- 7.9.6.3. Ingredient Portfolios
- 7.9.6.4. Strategic Initiatives
- 7.9.7. EcoFarms
- 7.9.7.1. Company Overview
- 7.9.7.2. Financial Performance
- 7.9.7.3. Ingredient Portfolios
- 7.9.7.4. Strategic Initiatives
- 7.9.8. Against the Grain
- 7.9.8.1. Company Overview
- 7.9.8.2. Financial Performance
- 7.9.8.3. Ingredient Portfolios
- 7.9.8.4. Strategic Initiatives
- 7.9.9. Pacific Foods
- 7.9.9.1. Company Overview
- 7.9.9.2. Financial Performance
- 7.9.9.3. Ingredient Portfolios
- 7.9.9.4. Strategic Initiatives
- 7.9.10. Cereal Partners Worldwide S.A.
- 7.9.10.1. Company Overview
- 7.9.10.2. Financial Performance
- 7.9.10.3. Ingredient Portfolios
- 7.9.10.4. Strategic Initiatives
- 7.9.1. General Mills, Inc.
Product Code: GVR-4-68039-661-1
List of Tables
- Table 1. New Jersey vegan products market: Key market driver analysis
- Table 2. New Jersey vegan products market: Key market restraint analysis
- Table 3. New Jersey vegan products market estimates & forecast, by region (USD Million)
- Table 4. New Jersey vegan products market estimates & forecast, by product (USD Million)
- Table 5. New Jersey vegan products market estimates & forecast, by distribution channel (USD Million)
- Table 6. Recent developments & impact analysis, by key market participants
- Table 7. Company market share, 2024 (%)
- Table 8. Company heat map analysis, 2024
- Table 9. Companies implementing key strategies
List of Figures
- Fig. 1 New Jersey vegan products market segmentation
- Fig. 2 Information procurement
- Fig. 3 Primary research pattern
- Fig. 4 Primary research approaches
- Fig. 5 Primary research process
- Fig. 6 Market snapshot
- Fig. 7 Segment snapshot
- Fig. 8 Regional snapshot
- Fig. 9 Competitive landscape snapshot
- Fig. 10 New Jersey parent industry and vegan products market size (USD Million)
- Fig. 11 New Jersey vegan products market size, 2018 to 2030 (USD Million)
- Fig. 12 New Jersey vegan products market: Penetration & growth prospect mapping
- Fig. 13 New Jersey vegan products market: Value chain analysis
- Fig. 14 New Jersey vegan products market: Dynamics
- Fig. 15 New Jersey vegan products market: Porter's five forces analysis
- Fig. 16 New Jersey vegan products market estimates & forecast, by product (USD Million)
- Fig. 17 New Jersey vegan food products market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 18 Ready meals market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 19 Cereals market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 20 Confectionery market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 21 Bakery products market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 22 Snacks market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 23 Others food products market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 24 Vegan beverage products market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 25 New Jersey vegan products market estimates & forecast, by distribution channel (USD Million)
- Fig. 26 New Jersey Vegan products market estimates & forecast, for offline distribution channel 2018 - 2030 (USD Million)
- Fig. 27 New Jersey Vegan products market estimates & forecast, for online distribution channel 2018 - 2030 (USD Million)
- Fig. 28 Key company categorization
- Fig. 29 Company market share analysis, 2024
- Fig. 30 Strategic framework of vegan products
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