The popularity of veganism among populations around the world drives the global vegan cheese market, says a market analysis by RationalStat

The report, titled “Global Vegan Cheese Market Forecast and Analysis 2019-2028” examines the market according to cheese type, source, shape, form, end user, application, sales channel, and region.

An extensive report offers a thorough analysis of the market’s historical and projected size, along with a thorough market analysis. Market share analysis, the top food categories, the adoption and penetration rates and production capacities of the most prominent companies, a summary of competition, import-exports pricing by brands, crucial strategic imperatives, the most important consumers, growth potential areas, competitive analysis for the companies in the worldwide vegan cheese market research.

Marketing Overview and Dynamics: Europe has the largest share of the vegan cheese market worldwide due to the rising vegan population in the region.

The global vegan cheese market stood at US$ 2.7 billion in 2021. The market is projected to grow at an annual CAGR in the range of 12.6% from 2022 through 2028.

• The growing acceptance of veganism particularly among millennials, has been increasing the demand for vegan products. The increasing awareness about cruelty to animals and the harmful effects on the environment resulting from dairy farming has led consumers to seek out vegan products.
• The rise in cases of lactose intolerance, and other food-related allergies in adults and children have influenced the preferences of food consumers over the last few years. According to data released by Food Intolerance Network, in 2019 around 70% of people around the globe suffered from lactose intolerance.

The inclination toward veganism and vegetarian diet among millennials is expected to boost the industry growth in the Hotel/Restaurant/Cafe (HoReCa) sector globally.

RationalStat has segmented the global vegan cheese market on the basis of cheese type, source, form, end user, application, sales channel, and region.

• By Cheese Type
  • Mozzarella
  • Parmesan
  • Cheddar
  • Cream Cheese
  • Ricotta
  • Others (Gouda, Pepper Jack, etc.)
• By Source
  • Almond Milk
  • Coconut Milk
  • Soy Milk
  • Cashew Milk
  • Others (Pine Nuts, Hazelnuts, etc.)
• By Form
  • Blocks
  • Slices
  • Shredded
  • Others (Spreads, Cubes, etc.)
• By End User
  • Personal, Household, and Residential
  • Commercial
    • Retail
    • HoReCa
    • Food Processing
  • By Application
    • Fast Food Snacks
    • Baked Goods
    • Processed and Packed Food
    • Dairy and Desert
    • Dips and Sauces
    • Dressing
  • By Sales Channel
    • Offline
      • Hypermarkets/supermarkets
      • Retail Stores
    • Online/E-commerce
  • By Region
    • North America
      • US
      • Canada
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Western Europe
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Benelux
      • Nordic
      • Rest of Western Europe
    • Eastern Europe
      • Russia
      • Poland
      • Rest of Eastern Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • ASEAN (Indonesia, Vietnam, Malaysia, etc.)
      • Rest of Asia Pacific
    • Middle East & Africa
      • GCC
      • South Africa
      • Turkey
      • Rest of the Middle East & Africa

For more information about this report- https://store.rationalstat.com/store/global-vegan-cheese-market/

About RationalStat LLC

RationalStat is an end-to-end US-based market intelligence and consulting company that provides comprehensive market research reports along with customized strategy and consulting studies.  The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.

RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.

 

Contact

RationalStat LLC
Kimberly Shaw, Content and Press Manager
sales@rationalstat.com
Phone: +1 302 803 5429