Global Vegan Cheese and Processed Cheeses Market Growth 2023-2029
Vegan cheese is a non-dairy or plant cheese analogue aimed at vegans and other people who want to avoid animal products, including those who are lactose-intolerant. As with plant milk, vegan 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 “Vegan Cheese and Processed Cheeses Industry Forecast” looks at past sales and reviews total world Vegan Cheese and Processed Cheeses sales in 2022, providing a comprehensive analysis by region and market sector of projected Vegan Cheese and Processed Cheeses sales for 2023 through 2029. With Vegan Cheese and Processed Cheeses sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vegan Cheese and Processed Cheeses industry.
This Insight Report provides a comprehensive analysis of the global Vegan Cheese and Processed Cheeses 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 Vegan Cheese and Processed Cheeses portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vegan Cheese and Processed Cheeses market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vegan Cheese and Processed Cheeses 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 Vegan Cheese and Processed Cheeses.
The global Vegan Cheese and Processed Cheeses market size is projected to grow from US$ 9319.6 million in 2022 to US$ 10840 million in 2029; it is expected to grow at a CAGR of 10840 from 2023 to 2029.
Kraft, Savencia, Lactalis Group, Fonterra Food, Bel Group and Dairy Farmers of America are the leading producers of vegan and processed cheeses, with Kraft accounting for the largest market share of about 25% and the top 3 accounting for about 35%.
North America is the largest market with about 35%, followed by the Asia-Pacific region with about 20%.
This report presents a comprehensive overview, market shares, and growth opportunities of Vegan Cheese and Processed Cheeses market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Processed Cheese
Vegan Cheese
Segmentation by application
Retail
Ingredients
Catering
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.
Kraft
Savencia
Bright Dairy & Food
Fonterra Food
Lactalis Group
Bel Group
Dairy Farmers of America
Land O Lakes
Crystal Farms
Arla
Koninklijke ERU
Murray Goulburn Cooperative
Alba Cheese
PT Diamond Cold Storage Indonesia
Follow Your Heart
Daiya
Tofutti
Heidi Ho
Kite Hill
Dr. Cow Tree Nut Cheese
Uhrenholt A/S
Bute Island Foods
Vtopian Artisan Cheeses
Punk Rawk Labs
Violife
Parmela Creamery
Treeline Treenut Cheese
Key Questions Addressed in this Report
What is the 10-year outlook for the global Vegan Cheese and Processed Cheeses market?
What factors are driving Vegan Cheese and Processed Cheeses market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vegan Cheese and Processed Cheeses market opportunities vary by end market size?
How does Vegan Cheese and Processed Cheeses 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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