Vegan Baking Ingredients Market Report 2026

The vegan baking ingredients market size has grown strongly in recent years. It will grow from $2.1 billion in 2025 to $2.29 billion in 2026 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to growth in vegan and plant-based consumer base, increased demand for allergen-free baked goods, expansion of commercial bakery production, availability of diverse plant-derived ingredients, rising awareness of ethical food choices.

The vegan baking ingredients market size is expected to see strong growth in the next few years. It will grow to $3.29 billion in 2030 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to increasing innovation in plant-based baking formulations, rising demand for functional vegan baked products, expansion of premium bakery offerings, growing focus on sustainable ingredient sourcing, increasing adoption of specialty vegan baking mixes. Major trends in the forecast period include increasing use of clean-label vegan ingredients, rising demand for egg and dairy replacers, growing adoption of gluten-free baking solutions, expansion of organic vegan baking inputs, enhanced focus on natural colors and flavors.

The increasing adoption of vegan food is expected to propel the growth of the vegan baking ingredients market going forward. Vegan food refers to products made entirely without animal-derived ingredients, including meat, dairy, eggs, and honey, and instead rely on plant-based sources such as fruits, vegetables, grains, legumes, nuts, and seeds. Vegan baking ingredients support this trend by offering sustainable, allergen-friendly, and health-oriented alternatives while enabling creativity in baking for consumers with dietary restrictions or ethical preferences. For instance, in April 2024, according to Finder, a US-based personal finance comparison platform, approximately 2.5 million people in the UK identified as vegan in 2024, representing 4.7% of the population, up from 1.4 million people (2.5%) in 2023. This increase of around 1.1 million vegans within a year highlights the rapid growth in vegan adoption. Therefore, the increasing preference for vegan food is driving the growth of the vegan baking ingredients market.

Major companies in the vegan baking ingredients market are concentrating on innovative solutions, including vegan-certified products such as sponge cake mixes, to stay competitive. For example, in 2023, Dawn Foods, a US-based bakery manufacturing company, introduced a vegan-certified sponge cake mix, part of its vegan range approved by the V-label. The vegan sponge cake mix replicates the taste, texture, and functionality of conventional mixes without the use of eggs, showcasing the industry's commitment to providing sustainable and allergy-friendly options.

In February 2024, Dawn Foods, a U.S.-based food company, acquired Royal Steensma for an undisclosed amount. This acquisition aims to enhance Dawn Foods' manufacturing capabilities and broaden its product offerings in the bakery sector. The agreement encompasses four manufacturing facilities situated in the Netherlands and one in Thailand. Royal Steensma is a Netherlands-based supplier of vegan baking ingredients, including vegan bread.

Major companies operating in the vegan baking ingredients market are Associated British Foods plc, DuPont de Nemours Inc., Ingredion Inc., Döhler GmbH, Lallemand Baking Inc., Bakels Group JR, Cargill Incorporated, Veganz Group AG, CSM Ingredients SARL, Koninklijke DSM NV, Lesaffre Group, Dawn Food Products Inc., Kerry Group plc, Upfield Holdings BV, Hain Celestial Group, Puratos Group, Archer Daniels Midland Company, Tate & Lyle plc, Corbion NV, Roquette Frères SA, Chr. Hansen Holding A/S, Barry Callebaut AG, Olam International Ltd.

Europe was the largest region in the vegan baking ingredients market share in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vegan baking ingredients market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the vegan baking ingredients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The vegan baking ingredients market consists of sales of apple cider vinegar, barley malt, and buckwheat flour. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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