Vegan Cheese Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2016 – 2025

Global Vegan Cheese Market size is projected to be valued $4,443 Million by 2025; with a CAGR of 8.6% from 2017 to 2025. Vegan cheese is a non-dairy cheese mainly produced for people who avoid animal products. It is completely plant-based and involves combining lactic bacteria added for acidity with the protein mass from several plant sources. Vegan cheese is also known as dairy-alternative cheese, which is available in a variety of vegan cheeses that are completely free of animal-based enzymes and milk. Many companies are coming with variety of vegan cheese in the market, due to rising number of vegan consumers globally. In countries such as the U.S. and Canada, the acceptances of vegan products are at rise which would fuel the market in the near future.

Changing consumption pattern, increasing number of vegan consumers, globalization, increasing dairy-alternative cheese market, and rising awareness of lactose intolerant conditions are the factors driving the growth of the vegan cheese market. However, high price and low consumer awareness may hinder the growth of the market. Though, emerging markets and increasing awareness through promotional activities and advertisements might provide with several growth opportunities in the forecasted years.

The global vegan cheese market is segmented on the basis of source type, product type, distribution channel, and application. By source type, the market is further bifurcated into soy milk, almond milk, rice milk and other sources (Include coconut milk, peanut milk, hazelnut, and cashew). By product type, the market is segmented as mozzarella, parmesan, cheddar, cream cheese and other product types. By distribution channel, the vegan cheese market has been categorized into large retail, small retail, specialty store, and online. By application, the market is segmented into fast food snack, dips & sauces, bakery & confectionery, and other applications.

Based on geography, global vegan cheese market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

The key market players include Miyoko’s Kitchen, Vtopian Artisan Cheeses, Punk Rawk Labs, Uhrenholt A/S, Kite Hill, Dr. Cow Tree Nut Cheese, Heidi Ho., Parmela Creamery, Treeline Treenut Cheese, and Hochland Group, among others.

The report covers

• The detailed analysis of Vegan Cheese Market with respect to key segments such as source type, product type, distribution channel, and application has been included in the report
• The report comprises the qualitative and quantitative analysis of the market with market estimation over 2016 – 2025 and CAGR between 2017 and 2025
• Comprehensive analysis of market dynamics including growth factors, restraining factors and opportunities will be provided in the report
• An exhaustive regional and country wise analysis of Vegan Cheese Market has been covered in the report
• Profile of the major key players operating in the Vegan Cheese Market will be provided, with detailed study on their key financials, product & services, new developments and business strategies

Scope of the Global Vegan Cheese Market

Source Type Segments

• Soy Milk
• Almond Milk
• Rice Milk
• Others Sources (Include Coconut Milk, Peanut Milk, Hazelnut, and Cashew)

Product Type Segments

• Mozzarella
• Parmesan
• Cheddar
• Cream Cheese
• Other Product Types

Distribution Channel Segments

• Large Retail
• Small Retail
• Specialty Store
• Online

Application Segments

• Fast Food Snack
• Dips & Sauces
• Bakery & Confectionery
• Other Applications

Geography Segments

• North America
• U.S.
• Canada
• Mexico

• Europe
• UK
• Germany
• France
• Italy
• Others

• Asia-Pacific
• China
• India
• Japan
• South Korea
• Others
• RoW
• South America
• Middle East
• Africa