Analysis and forecast by product (mozzarella, ricotta), source (soy milk, cashew milk), by end use (household, catering)

DUBLIN, November 19, 2021 / PRNewswire / – The “Vegan Cheese Market 2021-2028” report has been added to ResearchAndMarkets.com offer.

The global vegan cheese market size is expected to reach $ 5.64 billion by 2028, registering a CAGR of 12.4%

The growing acceptance of veganism among consumers, especially among millennials, has fueled the growth of the market. The growing awareness of cruelty to animals and the negative environmental impacts caused by the dairy industry has encouraged consumers to opt for plant-based products.

The mozzarella products segment held the largest share of revenue in 2020 and is expected to maintain its dominance during the forecast period. Mozzarella is widely used in Italian dishes, such as pasta, pizza, croquettes, and Caprese salad, and is available as sliced, cubed, grated, and spread. The demand for mozzarella is considerably high in countries where Italian cuisine is popular. The source cashew milk segment contributed the largest revenue share in 2020 and will continue to grow at a stable CAGR from 2021 to 2028.

Cheese made from cashew nuts contains vitamins B2 and B12 and is low in fat. This makes it favorable among health conscious consumers across the world. Additionally, gluten-free and cholesterol-free cashew products are also gaining ground due to their health benefits. The household segment dominated the market and accounted for the maximum share of global income in 2020. The increase in consumers’ disposable income and the willingness to spend on high-end products has resulted in an increase in demand for cheese-based products. of plants in the household segment.

The market has a large number of regional and international players. Most of the manufacturing companies have launched new products due to the increasing demand for vegan products from vegetarian, vegan and health conscious consumers.

Highlights of the Vegan Cheese Market Report

  • Asia Pacific is expected to be the fastest growing regional market with a CAGR of over 13.5% from 2021 to 2028. The increasing demand for plant-based bakery and confectionery products in the Asia Pacific region is expected to fuel product sales in the coming years
  • The ricotta products segment is expected to register the fastest CAGR of over 13.5% from 2021 to 2028. The growing application of the product in Italian dishes, such as manicotti, lasagna, roll-ups , tea and dumplings fueled demand. for the ricotta
  • The soy milk sources segment is expected to register the fastest CAGR of over 12% from 2021 to 2028. It is an inexpensive substitute for dairy products and has a complete balance of fatty acids and acids. desirable amines.
  • Foodservice End Use Segment Expected to Record Fastest Growth Rate in Forecast Years

Main topics covered:

Chapter 1. Methodology and scope

Chapter 2. Executive summary

Chapter 3. Variables, Trends and Scope of Vegan Cheese Market
3.1. Market overview
3.2. Mapping of penetration and growth prospects
3.3. Impact of COVID-19 on the Vegan Cheese Market
3.4. Industry value chain analysis
3.4.1. Sales / Retail Channel Analysis
3.4.2. Profit margin analysis
3.5. Market dynamics
3.5.1. Market driver analysis
3.5.2. Analysis of market restrictions
3.5.3. Industry challenges
3.5.4. Industry opportunities
3.6. Business environment analysis
3.6.1. Industry Analysis – Porter’s
3.7. Vegan Cheese Market Roadmap
3.8. Market entry strategies

Chapter 4. Analysis of consumer behavior
4.1. Consumer trends and preferences
4.2. Factors Affecting the Purchase Decision
4.3. Adoption of consumer products
4.4. Observations and recommendations

Chapter 5. Vegan Cheese Market: Product Estimates and Trend Analysis
5.1. Analysis of product movement and market share, 2020 and 2028
5.2. Mozzarella
5.3. Cheddar
5.4. Parmesan cheese
5.5. Ricotta
5.6. Cream

Chapter 6. Vegan Cheese Market: Source Estimates and Trend Analysis
6.1. Analysis of source movement and market share, 2020 and 2028
6.2. Soy
6.3. Almond
6.4. Cashew
6.5. Coconut

Chapter 7. Vegan Cheese Market: End Use Estimates and Trend Analysis
7.1. Analysis of end-use movements and market share, 2020 and 2028
7.2. Housework
7.3. Food preparation
7.4. Food service

Chapter 8. Vegan Cheese Market: Regional Estimates and Trend Analysis
8.1. Analysis of regional movements and market share, 2020 and 2028

Chapter 9. Competitive analysis
9.1. Key global players, recent developments and their impact on the industry
9.2. Categorization of key companies / competitions (key innovators, market leaders, emerging players)
9.3. Supplier landscape
9.3.1. Market share analysis of key companies, 2020

Chapter 10. Company Profiles
10.1. Company presentation
10.2. Financial performance
10.3. Comparative analysis of products
10.4. Strategic initiatives

  • Daiya Foods Inc.
  • Kite
  • Violife
  • Dr-Cow Nut Cheese
  • Cheese at the tree line
  • Brands Tofutti, Inc.
  • Tyne Chease Limited
  • Miyoko’s dairy
  • Parmela Creamery
  • Fromagerie Jardinière

For more information on this report, visit https://www.researchandmarkets.com/r/wx0bkx

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