Market Forecast:

Global Vegan Sour Cream Market size is projected to be valued at USD 143 Million by 2027 at a CAGR of 9.10% between 2020 and 2026. The demand for vegan sour cream is increasing with the rising adoption of a vegan and vegetarian diet. The soy food products market has registered tremendous growth in the past few years, and the same trend is expected for the vegan product's market. The key players in the market have been responsive to shifting consumer preferences and are focused on new product launches and R&D. Major consumer goods companies forayed into the vegan sour cream market, for instance, in February 2019, Good Karma Foods launched plant-based sour cream. Moreover, the key players in the market are focusing on innovative product launches, such as blends of various sources. Investments in the market are projected to have a significant impact on the Vegan Sour Cream Market Size period.

Why Is Vegan Sour Cream Gaining Popularity?

Parents, schools, and television commercials have long asserted that a glass of milk a day leads to strong and healthy bones. However, a growing number of experts are debunking this myth, claiming that cow's milk and other forms of dairy are harmful to our health. Dairy is complicit for its high quantities of saturated fat and cholesterol. Experts say that cutting dairy out of one's diet could reduce the risk of illnesses including asthma, arthritis, osteoporosis, and type 1 diabetes. Acne and digestion have both improved since switching from dairy to vegan alternatives. Many people are looking for cruelty-free ways to enjoy their preferred tangy dip as more evidence shows the harmful impact of dairy on the environment, our health, and the cows used to create it. As per an MRFR report estimate, the market is predicted to gain an income of USD 143 Million at a CAGR of 9.10% by 2027.

According to the World Wildlife Fund, dairy puts "strenuous pressure" on the planet's resources, such as soil and freshwater. Dairy cows and their dung contribute to climate change by emitting greenhouse gases. According to sour cream tubs having smiling cows in open green paddocks, dairy is kind to animals, which is far from reality. Cows must be lactating to produce milk and are typically artificially inseminated to become pregnant to obtain milk for human consumption. While many people adore sour cream, some people are unable or unable to use it due to personal preferences. Being vegan does not entail that you must live sans sour cream forever; it only means that it would be less enjoyable. Fortunately, there are several good vegan cream cheese options to select from.

Top Key Players:

The Kroger Co. (US),Kite Hill (US),WayFare Health Foods (US),Tofutti Brands, Inc (US),Good Karma Foods, Inc. (US),Forager Project, LLC (US),The Dairy Free Co. (US),Earth Island (Canada),DAIYA FOODS INC. (Canada),Follow Your Heart (US)

Market Segmentations:

By Source: Soy, Cashew, Coconut, Others

By Category: Plain, Flavored

By Distribution Channel: Store-Based, Non-Store-Based

Read More about the Report: https://www.marketresearchfuture.com/reports/vegan-sour-cream-market-9989

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