Vegan Cheese Market is estimated to be USD 9.6 Billion by 2034 with a CAGR of 12.4% during the forecast period

Vegan cheese is a category of non-dairy and most common types of vegan cheese being manufactured, distributed, and produced through this market are Mozzarella, Parmesan, Cheddar, Gouda, and Cream Cheese non-dairy based cheeses. These vegan cheeses are primarily consumed in restaurants, grocery stores, bakeries, vegan school meals, and in homes. Vegan cheeses are expected to grow and diversify into the mid-2020s. Vegan Cheese Market Size was valued at USD 3.3 Billion in 2024 and is expected to reach USD 9.6 Billion by 2034, growing at a CAGR of 12.4%.

The report "Vegan Cheese Market Size, Share, By Source Type (Soy Milk, Coconut Milk, Cashew Milk, and Others), By Product Type (Mozzarella, Parmesan, Cheddar, Cream Cheese, and Ricotta), By Form (Shreds, Blocks and Wedges, and Slices), By End-Use (Home Consumption, Foodservice, Pizza Chains) By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Highlights:

• In 2021, Indian dairy-free brand Goodmylk is expanding its portfolio of plant-based products with the launch of its vegan cheddar cheese.
• On 28^th April 2021, Dairy Giant Boursin Launched New Vegan Cheese Spread Amid Plant-Based ‘Boom’.
• On 23^rd March 2021, French dairy company Bel Brands—makers of BabyBel cheeses—just launched Nurishh, a vegan cheese line with shreds and slices in six flavors.

Analyst View:

Lactose intolerance is the consumer's incapacity to digest significant amounts of lactose present in milk and milk products. The demand for lactose-free food products such as vegan cheese is driven by increased incidences of food allergies and intolerances. Consumers with lactose intolerance fail to break down all the lactose into its absorbable components, glucose, and simple sugars galactose and cause severe pains in abdomen. vegan cheese market drives the market due to lactose free food product.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Vegan Cheese Market Size, Share, By Source Type (Soy Milk, Coconut Milk, Cashew Milk, and Others), By Product Type (Mozzarella, Parmesan, Cheddar, Cream Cheese, and Ricotta), By Form (Shreds, Blocks and Wedges, and Slices), By End-Use (Home Consumption, Foodservice, Pizza Chains) By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Vegan Cheese Market was valued at USD 3.3 Billion in 2024 and is expected to reach USD 9.6 Billion by 2034, growing at a CAGR of 12.4%. Vegan cheese market is segmented based on Source type, Product Type, Form, Distribution Channel, Application and region.

• By Source, the vegan cheese market is segmented into Almond Milk, Soy Milk, Coconut Milk, Cashew Milk, and Others.
• By Product type, the target market is segmented into Mozzarella, Parmesan, Cheddar, Cream Cheese and Ricotta.
• By Form, the target market is segmented into Shreds, Blocks, Wedges and Slices.
• By Distribution Channel, the target market is segmented into Hypermarkets/ Supermarkets, Convenience Stores, Specialty Retail Stores and Online Retailers.
• By Application, the target market is segmented into Baked Goods, Snacks & Ready meals, Processed & Packed Foods, Dairy & Desserts and Others.
• By region, the Vegan Cheese Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the worldwide leader in the sepsis diagnostics market in terms of revenue, due to the developed healthcare system and health awareness among people.

Competitive Landscape:

Key players in the vegan cheese market includes, Daiya Foods Inc., Dr-Cow Tree Nut Cheese, Follow Your Heart, Inc., Galaxy Nutritional Foods, Inc., Field Roast Grain Meat Co. Inc., Miyoko’s Kitchen, Inc., Punk Rawk Labs, Inc., Bute Island Foods Ltd., Tofutti Brands, Inc., and Wayfare Inc.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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