Global Plant-based Cheese Market Growth 2023-2029
Plant based cheese is a non-dairy analogue aimed at vegans and other people who want to avoid animal products, including those who are lactose-intolerant. As with plant milk, plant based cheese can be made from cashews, sesame seeds, sunflower seeds, soybeans, coconut oil, rice, almonds and other nuts, and nutritional yeast.
LPI (LP Information)' newest research report, the “Plant-based Cheese Industry Forecast” looks at past sales and reviews total world Plant-based Cheese sales in 2022, providing a comprehensive analysis by region and market sector of projected Plant-based Cheese sales for 2023 through 2029. With Plant-based Cheese sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Plant-based Cheese industry.
This Insight Report provides a comprehensive analysis of the global Plant-based Cheese landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Plant-based Cheese portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Plant-based Cheese market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plant-based Cheese and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Plant-based Cheese.
The global Plant-based Cheese market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Globally the major market for plant-based cheese is in USA and Europe, where vegan cheese has been popular for more than 30 years. Japan takes 3.86% of global plant-based cheese market, while the demand in USA is over 47.98% of global market in 2019. The market in Japan is still at its emerging stage, most of local players have only a few years of experience but expanding their market very quickly. Key players in the industry are Marinfood, Fuji Oil, Terra Foods, Sagamiya Foods, Bute Island Foods.
This report presents a comprehensive overview, market shares, and growth opportunities of Plant-based Cheese market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Soy Cheese
Almond Cheese
Cashew Cheese
Rice Milk Cheese
Other
Segmentation by application
Catering
Ingredients
Retail
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
MOCHICREAM
Marinfood
Fuji Oil
TOPVALU
Terra Foods
Sagamiya Foods
Bute Island Foods
Key Questions Addressed in this Report
What is the 10-year outlook for the global Plant-based Cheese market?
What factors are driving Plant-based Cheese market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Plant-based Cheese market opportunities vary by end market size?
How does Plant-based Cheese break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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