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Vegan Cheese Market by Product(Mozzarella, Cheddar, Pepper Jack, Parmesan, Gouda, and Other), Source (Soy Milk, Almond Milk, Rice Milk, and Other), and End Use (Household, Food Industry, and Foodservice Industry): Global Opportunity Analysis and Industry Forecast 2021–2027

A07197
Pages: 269
Sep 2020 | 323 Views
 
Author(s) : Anil Kamble , Roshan Deshmukh
Tables: 122
Charts: 49
 

COVID-19

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The Vegan Cheese market size was valued at $1,237.8 million in 2019, and is estimated to reach $4,425.6million by 2027, registering a CAGR of 15.5% from 2021 to 2027.         

Vegan cheese is entirely plant-based food product is one of the dairy alternatives. Various plant-based milk sources are used to make vegan cheese, which includes soy milk, coconut milk, peanut milk, almond milk, and oat milk. Growth in flexitarian and vegan population and rise in voice against animal slaughtering and concerning about their welfare are major attributes for the growth of the vegan cheese market during the forecast period. Vegan cheese in the diet adds benefits to individual physiological state. Furthermore, lactose indolent and dairy allergic people are increasingly inclining toward the plant-based foods. As plant-based food products provide protein, vitamins, and carbohydrates like dairy product.

The food service industry has been significantly contributing for the growth of the vegan cheese market as hotel, restaurants, and fastfood outlets are labeling their products with vegan cheese and also serving food with vegan cheese as appetizer. Furthermore, growth in urbanized and millennial population, which are potential and targeted consumer group are majorly influencing factors for the product growth. Young population is concerning for the heath and getting aware of benefits of plant-based dairy products including cheese.    

Vegan-Cheese-Market-2021-2027

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The report segments the vegan cheese market into product, source, end use, and region. On the basis of product, the market is categorized into mozzarella, cheddar, pepper jack, parmesan, gouda, and other. By source, it is segregated into soy milk, almond milk, rice milk, and other. According to end use, it is divided into household, food industry, and foodservice industry. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Russia, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa).  

Vegan Cheese Market
By Product

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Mozzarella segment helds the major share of 30.4% in 2019

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On the basis of products, the parmesan segment accounted for the around one-third half of the global vegan cheese market share in 2019and is expected to sustain its share during the forecast period. Vegan parmesan cheese is widely used in Italian cuisines such as pasta, spaghetti, and macaroni. Thus, rise in demand for continental cuisines has fueled the need for vegan parmesan cheese. The intense flavor of parmesan and gluten and lactose free content as compared to dairy cheese further augments its demand. Moreover, development in technology and new techniques of cheese production, which aid in making high-quality cheese and reduce the cost of production are projected to provide lucrative opportunities for the market growth in the near future.

Vegan Cheese Market
By Source

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Soy Milk segment helds the major share of 36.9% in 2019

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Depending on source, the almond milk segment was valued at $387.7 million in 2019, and is expected to grow to $1317.6 million by 2027, with a CAGR of 14.7%. In developed countries including the U.S., Japan, and Canada, premium brand and quality almond-based dairy alternative products are in major demand, owing to high disposable income and growth in expenditure on functional food and high concentrated protein and carbohydrates products. Almond cheese is used in making of popular yogurt, which has been significant popularity as it is low in calories, sugar phosphorus, and enriched with vitamin D. Yogurt is produced using various fruits such as peaches, cherries, apricots, papaya, cactus pear, and blueberries, which makes it healthier and more nutritious.  

Vegan Cheese Market
By End Use

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Household segment helds the major share of 61.5% in 2019

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According to vegan cheese market analysis, by end use, the food industry segment is projected to grow at $1,052.3 million by 2027, registering a CAGR of 16.1%. Food industries are promoting their food product by labeling vegan, owing to growing veganism and rise in trend of flexitatrian diet. Growth in the food industry and dynamic changes in consumption pattern is further added to the growth of the vegan cheese market during the forecast period.    

Vegan Cheese Market
By Region

2027
Europe 
North America
Asia Pacific
Lamea

Europe region helds the higest market share of 42.0% in 2019

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Region wise, Asia-Pacific is the fastest growing market for vegan cheese market and is expected to continue its growth throughout the vegan cheese market forecast period. This is majorly attributed to growing spending on nutritional. Growth in urbanization, increase in spending on health products, and awareness regarding the medicinal benefits of the plants based dairy products are expected to drive the vegan cheese market growth in Asia-Pacific during the forecast period. Furthermore, change in lifestyle and rise in trend of eating out and drastic changes in the food preference is further influencing the growth of the vegan cheese market.

The players in the vegan cheese market have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Bute Island Foods Ltd, GreenSpace Brands, violifefoods.com,    Vtopian Artisan Cheeses., Chicago Vegan Foods, Gardener Cheese Company, Tofutti Brands Inc., Kite Hill, DAIYA FOODS INC., and Nush Foods  

Key Benefits For Stakeholders

  • The report provides a quantitative analysis of the current vegan cheese market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the market size and segmentation assist to determine the prevailing vegan cheese market opportunities.
  • The major countries in each region are mapped according to their revenue contribution to the market. 
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the vegan cheese industry.

Key Market Segments

By Product

  • Mozzarella
  • Cheddar
  • Pepper Jack
  • Parmesan
  • Gouda
  • Other

By Source

  • Soy Milk
  • Almond Milk
  • Rice Milk
  • Other

By End Use

  • Household
  • Food Industry
  • Foodservice Industry

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France 
    • Russia
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Topinvestment pockets

3.3.Value chain analysis
3.4.Porter’s five forces analysis

3.4.1.Lowbargaining power of suppliers
3.4.2.Highbargaining power of buyers
3.4.3.Highthreat of substitution
3.4.4.Highthreat of new entrants
3.4.5.Highintensity of competitive rivalry

3.5.Marketdynamics

3.5.1.Drivers

3.5.1.1.Increase in purchasing power
3.5.1.2.Changes in lifestyle and food habits
3.5.1.3.Increase in number of organized retailing outlets worldwide
3.5.1.4.Rise in vegan population

3.5.2.Restraints

3.5.2.1.Availability of healthier substitutes
3.5.2.2.Lack of storage and transport facility

3.5.3.Opportunities

3.5.3.1.Rise invegan population
3.5.3.2.Rapid growth of the retail sector

3.6.Impact of COVID-19 on the vegan cheese market

CHAPTER 4:VEGAN CHEESE MARKET, BY PRODUCT

4.1.Overview

4.1.1.Market size and forecast

4.2.Mozzarella

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast

4.3.Cheddar

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast

4.4.Pepper jack

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast

4.5.Parmesan

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast

4.6.Gouda

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast

4.7.Others

4.7.1.Key market trends, growth factors, and opportunities
4.7.2.Market size and forecast

CHAPTER 5:VEGAN CHEESE MARKET, BY SOURCE

5.1.Overview

5.1.1.Market size and forecast

5.2.Soy milk

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast

5.3.Almond milk

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast

5.4.Rice milk

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast

5.5.Others

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast

CHAPTER 6:VEGAN CHEESE MARKET, BY END USE

6.1.Overview

6.1.1.Market size and forecast

6.2.Household

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast

6.3.Food industry

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast

6.4.Foodservice industry

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast

CHAPTER 7:VEGAN CHEESE MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast, by region

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by product
7.2.3.Market size and forecast, by source
7.2.4.Market size and forecast, by end use
7.2.5.Market size and forecast, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by product
7.2.5.1.2.Market size and forecast, by source
7.2.5.1.3.Market size and forecast, by end use

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by product
7.2.5.2.2.Market size and forecast, by source
7.2.5.2.3.Market size and forecast, by end use

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by product
7.2.5.3.2.Market size and forecast, by source
7.2.5.3.3.Market size and forecast, by end use

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by product
7.3.3.Market size and forecast, by source
7.3.4.Market size and forecast, by end use
7.3.5.Market size and forecast, by country

7.3.5.1.Germany

7.3.5.1.1.Market size and forecast, by product
7.3.5.1.2.Market size and forecast, by source
7.3.5.1.3.Market size and forecast, by end use

7.3.5.2.UK

7.3.5.2.1.Market size and forecast, by product
7.3.5.2.2.Market size and forecast, by source
7.3.5.2.3.Market size and forecast, by end use

7.3.5.3.France

7.3.5.3.1.Market size and forecast, by product
7.3.5.3.2.Market size and forecast, by source
7.3.5.3.3.Market size and forecast, by end use

7.3.5.4.Russia

7.3.5.4.1.Market size and forecast, by product
7.3.5.4.2.Market size and forecast, by source
7.3.5.4.3.Market size and forecast, by end use

7.3.5.5.Italy

7.3.5.5.1.Market size and forecast, by product
7.3.5.5.2.Market size and forecast, by source
7.3.5.5.3.Market size and forecast, by end use

7.3.5.6.Spain

7.3.5.6.1.Market size and forecast, by product
7.3.5.6.2.Market size and forecast, by source
7.3.5.6.3.Market size and forecast, by end use

7.3.5.1.Rest of Europe

7.3.5.1.1.Market size and forecast, by product
7.3.5.1.2.Market size and forecast, by source
7.3.5.1.3.Market size and forecast, by end use

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by Product
7.4.3.Market size and forecast, by source
7.4.4.Market size and forecast, by end use
7.4.5.Market size and forecast, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by product
7.4.5.1.2.Market size and forecast, by source
7.4.5.1.3.Market size and forecast, by end use

7.4.5.2.India

7.4.5.2.1.Market size and forecast, by product
7.4.5.2.2.Market size and forecast, by source
7.4.5.2.3.Market size and forecast, by end use

7.4.5.3.Japan

7.4.5.3.1.Market size and forecast, by product
7.4.5.3.2.Market size and forecast, by source
7.4.5.3.3.Market size and forecast, by end use

7.4.5.4.Australia

7.4.5.4.1.Market size and forecast, by product
7.4.5.4.2.Market size and forecast, by source
7.4.5.4.3.Market size and forecast, by end use

7.4.5.5.South Korea

7.4.5.5.1.Market size and forecast, by product
7.4.5.5.2.Market size and forecast, by source
7.4.5.5.3.Market size and forecast, by end use

7.4.5.6.Rest of Asia-Pacific

7.4.5.6.1.Market size and forecast, by product
7.4.5.6.2.Market size and forecast, by source
7.4.5.6.3.Market size and forecast, by end use

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by product
7.5.3.Market size and forecast, by source
7.5.4.Market size and forecast, by end use
7.5.5.Market size and forecast, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by product
7.5.5.1.2.Market size and forecast, by source
7.5.5.1.3.Market size and forecast, by end use

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by product
7.5.5.2.2.Market size and forecast, by source
7.5.5.2.3.Market size and forecast, by end use

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by product
7.5.5.3.2.Market size and forecast, by source
7.5.5.3.3.Market size and forecast, by end use

CHAPTER 8:COMPETITION LANDSCAPE

8.1.Top winning strategies
8.2.Competitive dashboard
8.3.Competitive heat map
8.4.Key developments

8.4.1.Partnership
8.4.2.Business expansion
8.4.3.Product launch

CHAPTER 9:COMPANY PROFILES

9.1.BUTE ISLAND FOODS LTD.

9.1.1.Company overview
9.1.2.Key executives
9.1.3.Company snapshot
9.1.4.Product portfolio
9.1.5.Key strategic moves and developments

9.2.GREENSPACE BRANDS

9.2.1.Company overview
9.2.2.Key executives
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio
9.2.6.R&D expenditure
9.2.7.Business performance

9.3.VIOLIFEFOODS.COM

9.3.1.Company overview
9.3.2.Key executives
9.3.3.Company snapshot
9.3.4.Product portfolio

9.4.VTOPIAN ARTISAN CHEESES

9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Product portfolio

9.5.CHICAGO VEGAN FOODS

9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Product portfolio
9.5.5.Key strategic moves and developments

9.6.GARDENER CHEESE COMPANY

9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Product portfolio

9.7.TOFUTTI BRANDS INC.

9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Operating business segments
9.7.5.Product portfolio
9.7.6.Business performance
9.7.7.Key strategic moves and developments

9.8.KITE HILL

9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Product portfolio

9.9.DAIYA FOODS INC.

9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Product portfolio

9.10.NUSH FOODS

9.10.1.Company overview
9.10.2.Key executives
9.10.3.Company snapshot
9.10.4.Product portfolio
9.10.5.Key strategic moves and developments

LIST OF TABLES

TABLE 01.VEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 02.MOZZARELLAVEGAN CHEESE MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 03.CHEDDARVEGAN CHEESE MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 04.PEPPER JACKVEGAN CHEESE MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 05.PARMESANVEGAN CHEESE MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 06.GOUDAVEGAN CHEESE MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 07.OTHERSVEGAN CHEESE MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 08.GLOBAL VEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 09.SOY MILKVEGAN CHEESE MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 10.ALMOND MILKVEGAN CHEESE MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 11.RICE MILKVEGAN CHEESE MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 12.OTHERS VEGAN CHEESE MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 13.VEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 14.VEGAN CHEESE MARKET FOR HOUSEHOLD, BY REGION, 2019–2027 ($MILLION)
TABLE 15.VEGAN CHEESE MARKET FOR FOOD INDUSTRY, BY REGION, 2019–2027 ($MILLION)
TABLE 16.VEGAN CHEESE MARKETFOR FOODSERVICE INDUSTRY, BY REGION, 2019–2027 ($MILLION)
TABLE 17.VEGAN CHEESE MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 18.NORTH AMERICA VEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 19.NORTH AMERICA VEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 20.NORTH AMERICA VEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 21.NORTH AMERICA VEGAN CHEESE MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 22.U.S.VEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 23.U.S VEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 24.U.S.VEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 25.CANADAVEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 26.CANADAVEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 27.CANADAVEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 28.MEXICO VEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 29.MEXICOVEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 30.MEXICOVEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 31.EUROPE VEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 32.EUROPE VEGAN CHEESE MARKET, BY APPLICTION, 2019–2027 ($MILLION)
TABLE 33.EUROPEVEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 34.EUROPEVEGAN CHEESE MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 35.GERMANYVEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 36.GERMANYVEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 37.GERMANY VEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 38.UKVEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 39.UKVEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 40.UKVEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 41.FRANCEVEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 42.FRANCEVEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 43.FRANCEVEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 44.RUSSIAVEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 45.RUSSIAVEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 46.RUSSIAVEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 47.ITALYVEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 48.ITALYVEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 49.ITALYVEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 50.SPAINVEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 51.SPAINVEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 52.SPAINVEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 53.REST OF EUROPE VEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 54.REST OF EUROPEVEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 55.REST OF EUROPE VEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 56.ASIA-PACIFIC VEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 57.ASIA-PACIFICVEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 58.ASIA-PACIFICVEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 59.ASIA-PACIFICVEGAN CHEESE MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 60.CHINA VEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 61.CHINAVEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 62.CHINA VEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 63.INDIAVEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 64.INDIASEXUAL WELLNESS MARKET REVENUE, BY SOURCE, 2019–2027 ($MILLION)
TABLE 65.INDIAVEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 66.JAPAN VEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 67.JAPAN VEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 68.JAPAN VEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 69.AUSTRALIA VEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 70.AUSTRALIAVEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 71.AUSTRALIA VEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 72.SOUTH KOREA VEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 73.SOUTH KOREA VEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 74.SOUTH KOREA VEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 75.REST OF ASIA-PACIFIC VEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 76.REST OF ASIA-PACIFIC VEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 77.REST OF ASIA-PACIFIC VEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 78.LAMEA VEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 79.LAMEAVEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 80.LAMEAVEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 81.LAMEAVEGAN CHEESE MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 82.LATIN AMERICA VEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 83.LATIN AMERICA VEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 84.LATIN AMERICA VEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 85.MIDDLE EAST VEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 86.MIDDLE EAST VEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 87.MIDDLE EAST VEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 88.AFRICA VEGAN CHEESE MARKET, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 89.AFRICA VEGAN CHEESE MARKET, BY SOURCE, 2019–2027 ($MILLION)
TABLE 90.AFRICA VEGAN CHEESE MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 91.BUTE ISLAND FOODS LTD.: KEY EXECUTIVES
TABLE 92.BUTE ISLAND FOODS LTD.: COMPANY SNAPSHOT
TABLE 93.BUTE ISLAND FOODS LTD.: PRODUCT PORTFOLIO
TABLE 94.GREENSPACE BRANDS: KEY EXECUTIVES
TABLE 95.GREENSPACE BRANDS: COMPANY SNAPSHOT
TABLE 96.GREENSPACE BRANDS: OPERATING SEGMENTS
TABLE 97.GREENSPACE BRANDS: PRODUCT PORTFOLIO
TABLE 98.GREENSPACE BRANDS: R&D EXPENDITURE, 2017–2019 ($MILLION)
TABLE 99.GREENSPACE BRANDS: NET SALES, 2017–2019 ($MILLION)
TABLE 100.VIOLIFEFOODS.COM: KEY EXECUTIVES
TABLE 101.VIOLIFEFOODS.COM: COMPANY SNAPSHOT
TABLE 102.VIOLIFEFOODS.COM: PRODUCT PORTFOLIO
TABLE 103.VTOPIAN ARTISAN CHEESES: KEY EXECUTIVES
TABLE 104.VTOPIAN ARTISAN CHEESES: COMPANY SNAPSHOT
TABLE 105.VTOPIAN ARTISAN CHEESES: PRODUCT PORTFOLIO
TABLE 106.CHICAGO VEGAN FOODS: KEY EXECUTIVES
TABLE 107.CHICAGO VEGAN FOODS: COMPANY SNAPSHOT
TABLE 108.CHICAGO VEGAN FOODS: PRODUCT PORTFOLIO
TABLE 109.GARDENER CHEESE COMPANY: COMPANY SNAPSHOT
TABLE 110.GARDENER CHEESE COMPANY: PRODUCT PORTFOLIO
TABLE 111.TOFUTTI BRANDS INC.: KEY EXECUTIVES
TABLE 112.TOFUTTI BRANDS INC.: COMPANY SNAPSHOT
TABLE 113.TOFUTTI BRANDS INC.: OPERATING SEGMENTS
TABLE 114.TOFUTTI BRANDS INC.: PRODUCT PORTFOLIO
TABLE 115.TOFUTTI BRANDS INC.: NET SALES, 2017–2019 ($MILLION)
TABLE 116.KITE HILL: COMPANY SNAPSHOT
TABLE 117.KITE HILL: PRODUCT PORTFOLIO
TABLE 118.DAIYA FOODS INC.: COMPANY SNAPSHOT
TABLE 119.DAIYA FOODS INC.: PRODUCT PORTFOLIO
TABLE 120.NUSH FOODS: KEY EXECUTIVES
TABLE 121.NUSH FOODS: COMPANY SNAPSHOT
TABLE 122.NUSH FOODS: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.VEGAN CHEESE MARKET SNAPSHOT
FIGURE 02.VEGAN CHEESE MARKET: SEGMENTATION
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.VALUE CHAIN ANALYSIS
FIGURE 05.VEGAN CHEESE MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 06.GROWTH OF PLANT BASED FOOD IN RETAIL
FIGURE 07.VEGAN CHEESE MARKET, BY PRODUCT, 2019 (%)
FIGURE 08.COMPARATIVE SHARE ANALYSIS OF MOZZARELLAVEGAN CHEESE MARKET, BY COUNTRY 2019 & 2027 (%)
FIGURE 09.COMPARATIVE SHARE ANALYSIS OF CHEDDARVEGAN CHEESE MARKET, BY COUNTRY 2019 & 2027 (%)
FIGURE 10.COMPARATIVE SHARE ANALYSIS OF PEPPER JACKVEGAN CHEESE MARKET, BY COUNTRY 2019 & 2027 (%)
FIGURE 11.COMPARATIVE SHARE ANALYSIS OF PARMESANVEGAN CHEESE MARKET, BY COUNTRY 2019 & 2027 (%)
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF GOUDAVEGAN CHEESE MARKET, BY COUNTRY 2019 & 2027 (%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF PEPPER JACKVEGAN CHEESE MARKET, BY COUNTRY 2019 & 2027 (%)
FIGURE 14.VEGAN CHEESE MARKET, BY SOURCE, 2019 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF SOY MILKVEGAN CHEESE MARKET, BY COUNTRY 2019 & 2027 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF ALMOND MILKVEGAN CHEESE MARKET, BY COUNTRY 2019 & 2027 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF RICE MILKVEGAN CHEESE MARKET, BY COUNTRY 2019 & 2027 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF OTHERS VEGAN CHEESE MARKET, BY COUNTRY 2019 & 2027 (%)
FIGURE 19.GLOBAL VEGAN CHEESE MARKET, BY END USE, 2019 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF HOUSEHOLD FOR VEGAN CHEESE MARKET, BY COUNTRY 2019 & 2027 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF FOOD INDUSTRY FOR VEGAN CHEESE MARKET, BY COUNTRY 2019 & 2027 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF FOODSERVICE INDUSTRYFOR VEGAN CHEESE MARKET, BY COUNTRY 2019 & 2027 (%)
FIGURE 23.VEGAN CHEESE MARKET, BY REGION, 2019 (%)
FIGURE 24.U.S.VEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 25.CANADAVEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 26.MEXICOVEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 27.GERMANYVEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 28.UKVEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 29.FRANCE VEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 30.RUSSIAVEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 31.ITALYVEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 32.SPAINVEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 33.REST OF EUROPE VEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 34.CHINAVEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 35.INDIAVEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 36.JAPAN VEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 37.AUSTRALIA VEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 38.SOUTH KOREA VEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 39.REST OF ASIA-PACIFIC VEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 40.LATIN AMERICAVEGAN CHEESEMARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 41.MIDDLE EAST VEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 42.AFRICAVEGAN CHEESE MARKET, 2019–2027 ($MILLION)
FIGURE 43.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 44.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 45.GREENSPACE BRANDS: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 46.GREENSPACE BRANDS: NET SALES, 2017–2019 ($MILLION)
FIGURE 47.GREENSPACE BRANDS: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 48.TOFUTTI BRANDS INC.: NET SALES, 2017–2019 ($MILLION)
FIGURE 49.TOFUTTI BRANDS INC.: REVENUE SHARE BY SEGMENT, 2019 (%)

 
 

As per the perspective of top-level CXOs, the global vegan cheese market is expected to offer remunerative business opportunities in the developing economies such as India and China. This is attributed to increase in disposable income, awareness regarding health benefits of the plant-based food products, and growth in concerns about animal welfare. 

The CXOs further added that innovation in cheese processing is the key factor that significantly contributes toward the growth of the vegan cheese market. The expansion of the retail market and improvement in economy further support the market growth. However, availability of substitute product and perishability of vegan cheese are the factors that are projected to hinder the market growth. Furthermore, surge in demand for fast food such as pizza and burger significantly boost the demand for vegan cheese. In addition, growth of fastfood chains such as McDonalds & Dominos is anticipated to have a significant impact on the consumption pattern of vegan cheese.

Growth in concerns of young population regarding obesity, allergies for the dairy products, and increase in curiosity of millennial to try innovative food boost the growth of the vegan cheese market. Furthermore, rise in rate of internet penetration around the major parts of the world makes way for manufacturers to initiate several key online marketing programs. These online platforms are one of the easiest ways to create awareness about the specifications and features of the plants-based ingredients among the target customers. Hence, tapping into such markets is expected to create potential opportunities for the expansion of the global vegan cheese market.

Discoveries and finding of the new plant sources for milk which can be used for the manufacturing of cheese is the key factor for the growth of the global vegan cheese market. Rise in demand for various vegan cheese products from target customer makes way for the manufacturers to come up with innovation in plant-based products, which is anticipated to boost the growth of the market.

The key players in the market have adopted product launch, continuous innovation, and acquisition as their key developmental strategies to cater to the rising demands for vegan cheese. The food service industry is potential buyer of vegan cheese and is growing at highest CAGR, owing to growing trend of flexitarian diet and rising vegan population.                                                `

However, the existing challenges such as close substitutes and lack of awareness regarding the vegan cheese benefits are expected to hamper the growth of the vegan cheese market during the forecast period.

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The CAGR of Vegan Cheese Market is 15.5%.

A. The Vegan Cheese market size was valued at $1,237.8 million in 2019, and is estimated to reach $4,414.5million by 2027, registering a CAGR of 15.5% from 2021 to 2027.

A. You can get sample report of vegan cheese market through website https://www.alliedmarketresearch.com/ or you can mail to Help@alliedmarketresearch.com.

A. Rising vegan and lactose insolences people are likely to bolster the growth of the vegan cheese market.

A. 2021-2027 is the forecast period.

A. Product, source and end use are the segments of vegan cheese market.

A. Rising trend of flexitarian diet is majorly influencing the growth of the market

A. Growing popularity for the plant based food and rise in voice against animal slaughtering & concerning about their welfare are major current trends is likely to shape the market in future.

A. Bute Island Foods Ltd, GreenSpace Brands, violifefoods.com, Vtopian Artisan Cheeses., Chicago Vegan Foods, and Gardener Cheese Company are some of the active players in the vegan cheese market.

 

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