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Vegan Cheese Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

The global vegan cheese market grew at a CAGR of around 12% during 2015-2020. Looking forward, IMARC Group expects the market to exhibit strong growth during 2021-2026. Keeping in mind the uncertai... もっと見る

 

 

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IMARC Services Private Limited.
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2021年11月10日 US$2,299
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146 英語

 

サマリー

The global vegan cheese market grew at a CAGR of around 12% during 2015-2020. Looking forward, IMARC Group expects the market to exhibit strong growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Vegan cheese is an alternative to dairy cheese, which is formulated using plant-based ingredients such as nuts, soy protein, nutritional yeast, natural enzymes, vegetable glycerin and assorted bacterial cultures. It is mixed with oils, starches, emulsifiers, thickeners and spices to create a firm consistency and mimic dairy cheese flavors. Nowadays, leading manufacturers are innovating vegan cheese flavors with arrowroot, tapioca flour, pea protein, carrageenan, xanthan gum and thickening agar flakes to expand their consumer base.

Vegan cheese is generally gluten-free and low in fat than regular cheese. A significant rise in the adoption of gluten-free and plant-based diets, along with the growing popularity of ready-to-eat (RTE) packaged vegan food and beverages, represents one of the key factors stimulating the market growth. Apart from this, major players are introducing vegan cheese in varying bases, textures, flavors and forms like shredded, cream, block, sliced, soft, parmesan-style and dips. For instance, Boursin (Bel Brands USA) introduced dairy-free garlic and herbs cheese spread on Amazon Fresh in October 2020. Moreover, these players are introducing minimally processed product variants with high amounts of fiber, healthy fats and vital micronutrients. They are also forming partnerships with fast food service joints to serve products like pizza, cream cheese and cheesecake made using vegan cheese. Other factors, including the increasing number of individuals with lactose intolerance and the rising access to dairy-free products, are anticipated to drive the market further.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global vegan cheese market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product type, source, distribution channel and application.

Breakup by Product Type:

Mozzarella
Cheddar
Parmesan
Ricotta
Cream
Others

Breakup by Source:

Soy
Almond
Coconut
Cashew
Others

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Convenience Stores
Online Stores
Others

Breakup by Application:

Household
Food Processing
Foodservice
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the vegan food manufaturers being Daiya Foods Inc., 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 and Vtopian Artisan Cheeses. Key Questions Answered in This Report:
How has the global vegan cheese market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global vegan cheese market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the source?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global vegan cheese market and who are the key players?
What is the degree of competition in the industry?

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目次

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Vegan Cheese Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Mozzarella
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Cheddar
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Parmesan
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Ricotta
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Cream
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Source
7.1 Soy
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Almond
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Coconut
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Cashew
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Supermarkets and Hypermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Convenience Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Online Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Application
9.1 Household
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Food Processing
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Foodservice
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Daiya Foods Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Dr-Cow Tree Nut Cheese
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Galaxy Nutritional Foods Inc. (Greenspace Brands Inc.)
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Good Planet Foods LLC
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Kite Hill
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Miyoko's Creamery
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Parmela Creamery
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Tofutti Brands Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.9 Tyne Chease Limited
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Violife Foods
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Vtopian Artisan Cheeses
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio

 

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Summary

The global vegan cheese market grew at a CAGR of around 12% during 2015-2020. Looking forward, IMARC Group expects the market to exhibit strong growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Vegan cheese is an alternative to dairy cheese, which is formulated using plant-based ingredients such as nuts, soy protein, nutritional yeast, natural enzymes, vegetable glycerin and assorted bacterial cultures. It is mixed with oils, starches, emulsifiers, thickeners and spices to create a firm consistency and mimic dairy cheese flavors. Nowadays, leading manufacturers are innovating vegan cheese flavors with arrowroot, tapioca flour, pea protein, carrageenan, xanthan gum and thickening agar flakes to expand their consumer base.

Vegan cheese is generally gluten-free and low in fat than regular cheese. A significant rise in the adoption of gluten-free and plant-based diets, along with the growing popularity of ready-to-eat (RTE) packaged vegan food and beverages, represents one of the key factors stimulating the market growth. Apart from this, major players are introducing vegan cheese in varying bases, textures, flavors and forms like shredded, cream, block, sliced, soft, parmesan-style and dips. For instance, Boursin (Bel Brands USA) introduced dairy-free garlic and herbs cheese spread on Amazon Fresh in October 2020. Moreover, these players are introducing minimally processed product variants with high amounts of fiber, healthy fats and vital micronutrients. They are also forming partnerships with fast food service joints to serve products like pizza, cream cheese and cheesecake made using vegan cheese. Other factors, including the increasing number of individuals with lactose intolerance and the rising access to dairy-free products, are anticipated to drive the market further.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global vegan cheese market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product type, source, distribution channel and application.

Breakup by Product Type:

Mozzarella
Cheddar
Parmesan
Ricotta
Cream
Others

Breakup by Source:

Soy
Almond
Coconut
Cashew
Others

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Convenience Stores
Online Stores
Others

Breakup by Application:

Household
Food Processing
Foodservice
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the vegan food manufaturers being Daiya Foods Inc., 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 and Vtopian Artisan Cheeses. Key Questions Answered in This Report:
How has the global vegan cheese market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global vegan cheese market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the source?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global vegan cheese market and who are the key players?
What is the degree of competition in the industry?

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Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Vegan Cheese Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Mozzarella
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Cheddar
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Parmesan
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Ricotta
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Cream
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Source
7.1 Soy
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Almond
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Coconut
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Cashew
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Supermarkets and Hypermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Convenience Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Online Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Application
9.1 Household
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Food Processing
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Foodservice
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Daiya Foods Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Dr-Cow Tree Nut Cheese
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Galaxy Nutritional Foods Inc. (Greenspace Brands Inc.)
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Good Planet Foods LLC
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Kite Hill
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Miyoko's Creamery
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Parmela Creamery
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Tofutti Brands Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.9 Tyne Chease Limited
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Violife Foods
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Vtopian Artisan Cheeses
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio

 

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