Vegan Cheese Market Size, Share, Sales, Analysis, Forecast, Industry Competition & Player Profiles 2023 - 2032
Growing demand for dairy alternatives and increasing demand for organic alternatives to dairy products remains a major driver for growth in the vegan cheese market. The large population in major countries like the US continue to display aversion to lactose. According to the National Institute of Diabetes and Digestive and Kidney Diseases, over 30 to 50 million Americans are lactose intolerant.
Moreover, the issue is a major barrier to their consumption of food as their stomachs cannot digest the natural sugar found in milk and dairy items. Furthermore, this often leads to a health concern among the population, as people with lactose intolerance have a deficiency of lactase, an enzyme found in the small intestine. Hence, the deficiency likely remains permanent, and will drive robust growth for alternatives like vegan cheese.
The growing lactose-intolerance among the American population, growing demand for vegan alternatives, and tremendous rise in cost-effectiveness of vegan products remain promising drivers of growth for the vegan cheese market.
Growing Awareness About Health Will Remain Key to Growth
American Academy of Nutrition & Diabetics, and British Dietetic Association have recognised that healthy vegan diets are suitable for all ages, and stages of life. Moreover, growing research also shows that vegan diets lead to lower cholesterol, blood pressure, lowered risk of heart disease, type 2 diabetes, and some forms of cancer. Moreover, the risk remains a leading cause of fatalities across the globe, as cardiovascular diseases, including heart disease continue to plague healthy populations.
The rising fatalities due to conditions like heart disease, stroke, and rising sedentary lifestyle, and growing awareness about the risks associated with this lifestyle continues to promise major growth for the vegan cheese market.
Plant-based Diets Likely to Grow as More Americans Sign-up for Vegan Meals
A 2018 consumer study shows that one-third of the American adult population is moving towards flexitarians. The flexitarian is a new-term for consumers who are flexing traditional boundaries to drive growth of new products. This demand has led to promising consumer shifts for vegan products.
For example, KFC, the largest meat-based chain recently introduced a vegan burger to cater to growing demand for vegans or vegetarians. Studies also show that Brands like Beyond Meat continue to display promising growth with as much as 70% of its consumer base are reported flexitarians. Moreover, 17.9% of US consumers seek plant-based meats, while 13% eat meat only occasionally.
Rising Penetration of Social Media Promises New Growth Opportunities
The social media based marketing has been a revolution for the vegan industry. Earlier, the established meat, and poultry industry remained in the headlines. However, with the growth of social media, products like vegan cheese are reaching new-age consumers with a growing tilt towards health consciousness. The trend will likely remain key to growth of vegan products like vegan cheese in the near future.
Among different types of vegan cheese products, the mozzarella cheese remains the most variety of new-age products. The easy availability of mozzarella, the conventional appeal among consumers, and low-cost availability of ingredients remain key drivers of growth for the vegan cheese market.
Some key players in the vegan cheese market are UPrise Foods, Daiya Foods Inc., Kite Hill, Mad Millie, Go Veggie, Nush, Tesco Free From, among others.
The Vegan Cheese Market Report is Segmented as Below:
By Product
- Mozzarella
- Cheddar
- Parmesan
- Ricotta
- Cream
- Others
By Source
- Soy
- Almond
- Coconut
- Cashew
- Others
By End-use
- Household
- Food Processing
- Food service
By Region
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- Rest of APAC
- South America
- Brazil
- Rest of South America
- Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
- Rest of MEA
- Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
- Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
- Market Synopsis: Global Vegan Cheese Market
- Global Vegan Cheese Market Qualitative Analysis
- Ecosystem Analysis
- Role of participants
- Integration scenario
- Trends
- Market trends
- Technology Trends
- PESTEL Analysis (For 5 prominent countries)
- Market Influencers
- Driving Forces
- Hindering Forces
- Opportunities
- COVID-19
- Ecosystem Analysis
- Global Vegan Cheese Market Analysis and Forecast, by Product Type
- Overview and definitions
- Key segment analysis
- Global Vegan Cheese Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Mozzarella
- Cheddar
- Parmesan
- Ricotta
- Cream
- Gouda
- Others
- Global Vegan Cheese Market Analysis and Forecast, by Source
- Overview and definitions
- Key segment analysis
- Global Vegan Cheese Market Estimates (US$ Mn), by Source, 2019 – 2032
- Soy
- Almond
- Coconut
- Cashew
- Legumes
- Oats
- Others
- Global Vegan Cheese Market Analysis and Forecast, by Application
- Overview and definitions
- Key segment analysis
- Global Vegan Cheese Market Estimates (US$ Mn), by Application, 2019 – 2032
- Household
- Food Service
- Food Processing
- Others
- Global Vegan Cheese Market Analysis and Forecast, by Distribution Channel
- Overview and definitions
- Key segment analysis
- Global Vegan Cheese Market Estimates (US$ Mn), by Distribution Channel, 2019 – 2032
- Offline
- Supermarkets
- Convenience stores
- Standalone grocery stores
- Others
- Online
- Offline
- Global Vegan Cheese Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Vegan Cheese Market Estimates (US$ Mn), by Region, 2019 – 2032
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- North America Vegan Cheese Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America Vegan Cheese Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Mozzarella
- Cheddar
- Parmesan
- Ricotta
- Cream
- Gouda
- Others
- North America Vegan Cheese Market Estimates (US$ Mn), by Source, 2019 – 2032
- Soy
- Almond
- Coconut
- Cashew
- Legumes
- Oats
- Others
- North America Vegan Cheese Market Estimates (US$ Mn), by Application, 2019 – 2032
- Household
- Food Service
- Food Processing
- Others
- North America Vegan Cheese Market Estimates (US$ Mn), by Distribution Channel, 2019 – 2032
- Offline
- Supermarkets
- Convenience stores
- Standalone grocery stores
- Others
- Online
- Offline
- North America Vegan Cheese Market Estimates (US$ Mn), Country, 2019 – 2032
- The U.S.
- Canada
- Rest of North America
- Europe Vegan Cheese Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe Vegan Cheese Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Mozzarella
- Cheddar
- Parmesan
- Ricotta
- Cream
- Gouda
- Others
- Europe Vegan Cheese Market Estimates (US$ Mn), by Source, 2019 – 2032
- Soy
- Almond
- Coconut
- Cashew
- Legumes
- Oats
- Others
- Europe Vegan Cheese Market Estimates (US$ Mn), by Application, 2019 – 2032
- Household
- Food Service
- Food Processing
- Others
- Europe Vegan Cheese Market Estimates (US$ Mn), by Distribution Channel, 2019 – 2032
- Offline
- Supermarkets
- Convenience stores
- Standalone grocery stores
- Others
- Online
- Offline
- Europe Vegan Cheese Market Estimates (US$ Mn), Country, 2019 – 2032
- Germany
- United Kingdom
- The Netherlands
- Italy
- France
- Belgium
- Rest of Europe
- Asia Pacific Vegan Cheese Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific Vegan Cheese Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Mozzarella
- Cheddar
- Parmesan
- Ricotta
- Cream
- Gouda
- Others
- Asia Pacific Vegan Cheese Market Estimates (US$ Mn), by Source, 2019 – 2032
- Soy
- Almond
- Coconut
- Cashew
- Legumes
- Oats
- Others
- Asia Pacific Vegan Cheese Market Estimates (US$ Mn), by Application, 2019 – 2032
- Household
- Food Service
- Food Processing
- Others
- Asia Pacific Vegan Cheese Market Estimates (US$ Mn), by Distribution Channel, 2019 – 2032
- Offline
- Supermarkets
- Convenience stores
- Standalone grocery stores
- Others
- Online
- Offline
- Asia Pacific Vegan Cheese Market Estimates (US$ Mn), Country, 2019 – 2032
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa Vegan Cheese Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa Vegan Cheese Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Mozzarella
- Cheddar
- Parmesan
- Ricotta
- Cream
- Gouda
- Others
- Middle East & Africa Vegan Cheese Market Estimates (US$ Mn), by Source, 2019 – 2032
- Soy
- Almond
- Coconut
- Cashew
- Legumes
- Oats
- Others
- Middle East & Africa Cheese Market Estimates (US$ Mn), by Application, 2019 – 2032
- Household
- Food Service
- Food Processing
- Others
- Middle East & Africa Vegan Cheese Market Estimates (US$ Mn), by Distribution Channel, 2019 – 2032
- Offline
- Supermarkets
- Convenience stores
- Standalone grocery stores
- Others
- Online
- Offline
- Middle East & Africa Vegan Cheese Market Estimates (US$ Mn), Country, 2019 – 2032
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East
- South America Vegan Cheese Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America Vegan Cheese Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Mozzarella
- Cheddar
- Parmesan
- Ricotta
- Cream
- Gouda
- Others
- South America Vegan Cheese Market Estimates (US$ Mn), by Source, 2019 – 2032
- Soy
- Almond
- Coconut
- Cashew
- Legumes
- Oats
- Others
- South America Vegan Cheese Market Estimates (US$ Mn), by Application, 2019 – 2032
- Household
- Food Service
- Food Processing
- Others
- South America Vegan Cheese Market Estimates (US$ Mn), by Distribution Channel, 2019 – 2032
- Offline
- Supermarkets
- Convenience stores
- Standalone grocery stores
- Others
- Online
- Offline
- South America Vegan Cheese Market Estimates (US$ Mn), Country, 2019 – 2032
- Brazil
- Rest of South America
- Competition Analysis – Vegan Cheese Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Company Profiles
- Daiya Foods
- Business overview
- Geographic presence
- Product Portfolio
- Financial facts
- Channel partners
- Relevant news and strategic view
- Dr-Cow Tree Nut Cheese
- Galaxy Nutritional Foods Inc. (Greenspace Brands Inc.)
- Good Planet Foods LLC
- Kite Hill
- Miyoko's Creamery
- Parmela Creamery
- Tofutti Brands Inc.
- Tyne Chease Limited
- Violife Foods
- Vtopian Artisan Cheeses
- Field Roast Grain Meat Co.
- Daiya Foods
- Conclusion & Recommendations
Frequently asked questions about this report
What is the time duration considered while assessing the market?
The vegan cheese analysis market has been assessed for the years 2019 to 2032.
What are the prominent vegan cheese market players across the globe?
Major players operating in the global vegan cheese market include UPrise Foods, Daiya Foods Inc., Kite Hill, Mad Millie, Go Veggie, Nush, Tesco Free From, among others.
What are the different product of vegan cheese used?
Based on product, the vegan cheese market is segmented into Mozzarella, Cheddar, Parmesan, Ricotta, Cream and Others.
What are the factors driving the vegan cheese market?
Growing demand for dairy alternatives and increasing demand for organic alternatives to dairy products remains a major driver for growth in the vegan cheese market.