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Plant Based Cheese Market Size to Reach USD 2.5 Billion by 2024 – Arizton

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Plant Based Cheese Market Size to Reach USD 2.5 Billion by 2024 – Arizton

December 01
23:06 2020

The plant-based cheese market is likely to grow at a CAGR of over 15% by 2024.

 

The global plant based cheese market accounts for approximately 6% of the global non-dairy milk market. With the rising health awareness among consumers, cheese has been considered as unhealthy; hence the consumption has reduced over the years. The growing number of vegan populations, the increasing health consciousness, and the rising demand for a healthier alternative are expected to drive the global vegan cheese market during the forecast period. North America accounted for the largest plant based cheese market, followed by Europe. APAC is expected to witness the fastest growth during the forecast period.

 

The following factors are likely to contribute to the growth of the plant-based cheese market during the forecast period:

  • Growth in the Vegan Population
  • High prevalence of lactose intolerant population
  • Rise in the Health-conscious Population
  • High Demand for Non-GMO Food Products
  • Growth in Consumer Demand for Clean Label Products

 

The study considers the present scenario of the plant-based cheese market and its market dynamics for the period 2019−2024. The report covers a detailed overview of several market growth enablers, restraints, and trends. It covers both the demand and supply aspect of the market. It profiles and examines leading and prominent companies operating in the plant-based cheese market.  

 

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Plant Based Cheese Market – Vendor Profiles

 

Prominent Vendors

  • Kite Hill
  • Bute Island – Cheese
  • Violife
  • Field Roast
  • Daiya Foods
  • Miyoko’s Creamery
  • Wayfare

 

Other Prominent Vendors

  • Lisanatti Foods
  • Tofutti
  • Dairy Free Down Under
  • Angel Food
  • Green Vie
  • Koko Dairy Free
  • Dr. Cow
  • Follow Your Heart
  • Go Veggie
  • Punk Raw Labs
  • Vermont Farmstead Cheese Company (VFCC)
  • Kinda Co.
  • Good Planet Foods
  • Reine
  • Serotonina
  • Vtopian Artisan Cheese
  • Parmela Creamery
  • Tree Line Cheese
  • New Roots
  • Sister River
  • Heidi Ho
  • The WhiteWave Company

 

Plant Based Cheese Market – Segmentation

 

Market Segmentation by Product Types  

  • Mozzarella
  • Parmesan
  • Cheddar
  • Ricotta
  • Cream Cheese
  • Others

Market Segmentation by Sources

  • Soy
  • Coconut
  • Cashew
  • Almond
  • Others

Market Segmentation by Forms

  • Shreds
  • Blocks and Wedges
  • Slices
  • Others

Market Segmentation by Distributions

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Channels
  • Others

Market Segmentation by Geography

  • North America
    • US
    • Canada
  • Europe
    • Italy
    • Germany
    • France
    • UK
    • Spain
  • APAC
    • China
    • Japan
    • Australia
    • South Korea
    • Indonesia
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • GCC
    • South Africa

 

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Plant Based Cheese Market – Table of Contents

 

1              Research Methodology

2              Research Objectives

3              Research Process

 

4              Scope & Coverage

4.1          Market Definition

4.1.1      Inclusions

4.1.2      Exclusions

4.2          Base Year

4.3          Scope of the study

4.4          Market Segments

4.4.1      Market Segmentation by Products Type

4.4.2      Market Segmentation by Source

4.4.3      Market Segmentation by Form

4.4.4      Market Segmentation by Distribution

4.4.5      Market Segmentation by Geography

 

5              Report Assumptions & Caveats

5.1          Key Caveats

5.2          Currency Conversion

5.3          Market Derivation

 

6              Market at a Glance

7              Introduction

7.1          Overview

 

8              Market Dynamics

8.1          Market Growth Enablers

8.1.1      Increasing Vegan Population

8.1.2      High Prevalence of Lactose Intolerant Population

8.1.3      Availability of Different Cheese Varieties

8.1.4      Growing Health Conscious Population

8.2          Market Growth Restraints

8.2.1      Fluctuating Raw Materials Prices

8.2.2      Stringent Regulations

8.2.3      Threat from Traditional Cheese

8.3          Market Opportunities and Trends

8.3.1      Increasing Demand for Non-GMO Food Products

8.3.2      Growing Consumer Demand for Clean Label Products

8.3.3      Increasing Preference for Online Retailing

8.3.4      Increasing Investments in Plant-based Food Products

8.3.5      New Product Launches

 

9              Global Dairy Market

9.1          Market Overview

9.1.1      Market Size & Forecast

 

10           Global Non-Dairy Market

10.1        Market Overview

10.1.1    Market Size & Forecast

 

11           Global Plant-Based Cheese Market

11.1        Market Overview

11.1.1    Market Size & Forecast

11.2        Five Forces Analysis

11.2.1    Threat of New Entrants

11.2.2    Bargaining Power of Suppliers

11.2.3    Bargaining Power of Buyers

11.2.4    Threat of Substitutes

11.2.5    Competitive Rivalry

 

12           Plant-Based Cheese Market by Product Type

12.1        Market Snapshot & Growth Engine

12.2        Market Overview

12.3        Mozzarella

12.3.1    Market Size & Forecast

12.3.2    By Geography

12.4        Parmesan

12.4.1    Market Size & Forecast

12.4.2    By Geography

12.5        Cheddar

12.5.1    Market Size & Forecast

12.5.2    By Geography

12.6        Cream

12.6.1    Market Size & Forecast

12.6.2    By Geography

12.7        Ricotta

12.7.1    Market Size & Forecast

12.7.2    By Geography

12.8        Other Plant-Based Cheese

12.8.1    Market Size & Forecast

12.8.2    By Geography

 

13           Plant-Based Cheese Market by Source

13.1        Market Snapshot & Growth Engine

13.2        Market Overview

13.3        Soy-based

13.3.1    Market Size & Forecast

13.3.2    By Geography

13.4        Almond-based

13.4.1    Market Size & Forecast

13.4.2    By Geography

13.5        Coconut-based

13.5.1    Market Size & Forecast

13.5.2    By Geography

13.6        Cashew-based

13.6.1    Market Size & Forecast

13.6.2    By Geography

13.7        Other Plant-based Cheese Sources

13.7.1    Market Size & Forecast

13.7.2    By Geography

 

14           Plant-Based Cheese Market by Form

14.1        Market Snapshot & Growth Engine

14.2        Market Overview

14.3        Shreds

14.3.1    Market Size & Forecast

14.3.2    By Geography

14.4        Blocks And Wedges

14.4.1    Market Size & Forecast

14.4.2    By Geography

14.5        Slices

14.5.1    Market Size & Forecast

14.5.2    By Geography

14.6        Others

14.6.1    Market Size & Forecast

14.6.2    By Geography

 

15           Plant-Based Cheese Market by Distribution

15.1        Market Overview

 

16           Plant-Based Cheese Market by Geography

16.1        Market Snapshot & Growth Engine

16.2        Overview

17           Europe

17.1        Market Overview

17.1.1    Market Size & Forecast

17.2        Market Segmentation

17.2.1    By Source

17.2.2    By Product Type

17.2.3    By Form

17.3        Key Countries

17.3.1    UK: Plant-Based Cheese Market Size & Forecast

17.3.2    Germany: Market Size & Forecast

17.3.3    Italy: Market Size & Forecast

17.3.4    France: Market Size & Forecast

17.3.5    Spain: Market Size & Forecast

 

18           North America

18.1        Market Overview

18.1.1    Market Size & Forecast

18.2        Market Segmentation

18.2.1    By Source

18.2.2    By Product Type

18.2.3    By Form

18.3        Key Countries

18.3.1    US: Plant-Based Cheese Market Size & Forecast

18.3.2    Canada: Market Size & Forecast

 

19           APAC

19.1        Market Overview

19.1.1    Market Size & Forecast

19.2        Market Segmentation

19.2.1    By Source

19.2.2    By Product Type

19.2.3    By Form

19.3        Key Countries

19.3.1    Japan: Plant-Based Cheese Market Size & Forecast

19.3.2    Australia: Market Size & Forecast

19.3.3    Indonesia: Market Size & Forecast

19.3.4    South Korea: Market Size & Forecast

 

20           Latin America

20.1        Market Overview

20.1.1    Market Size & Forecast

20.2        Market Segmentation

20.2.1    By Source

20.2.2    By  Product Type

20.2.3    By Form

20.3        Key Countries

20.3.1    Brazil: Plant-Based Cheese Market Size & Forecast

20.3.2    Mexico: Market Size & Forecast

 

21           Middle East & Africa

21.1        Market Overview

21.1.1    Market Size & Forecast

21.2        Market Segmentation

21.2.1    By Source

21.2.2    By  Product Type

21.2.3    By Form

21.3        Key Countries

21.3.1    South Africa: Plant-Based Cheese Market Size & Forecast

21.3.2    GCC: Market Size & Forecast

 

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About Arizton Advisory & Intelligence

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Arizton Advisory & Intelligence
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Call: +1-312-235-2040/+1 302 469 0707

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