Market Overview:
The global cheese alternatives market is expected to grow at a CAGR of 7.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing awareness about the health benefits of cheese alternatives and their rising demand in various applications such as catering, ingredients, and retail. Based on type, soy cheese is expected to lead the global cheese alternatives market with a share of more than 50% by 2030. Soy cheese is made from soy milk that is curdled and then strained to form soft tofu-like blocks or slices resembling traditional dairy cheeses in appearance, flavor, and texture. It has high protein content as compared to other types of vegan cheeses available in the market and hence enjoys high popularity among consumers looking for healthy substitutes for dairy products. On the basis of application, catering is projected to be one of the fastest growing segments during 2018-2030 owing to its growing demand from restaurants & hotels across regions worldwide. Cheese alternatives are being increasingly used as ingredients in various food items such as pizzas, pastas, salads etc., due their nutritional benefits over traditional dairy cheeses.
Product Definition:
Cheese Alternatives are food items that have a similar texture and flavor to cheese, but do not contain milk or dairy products. Cheese Alternatives are important for people who are lactose intolerant or have a dairy allergy, as they allow them to enjoy the taste and texture of cheese without experiencing any adverse effects.
Soy Cheese:
Soy cheese is a type of cheese, which is produced from soy milk. It contains the same amount of protein as compared to dairy products like casein and whey. Soy-based cheese has almost half the calories than regular counterparts.
It also helps in reducing blood cholesterol levels and thus, can be used as an alternative for fat-based foods like butter or cream cheese.
Cashew Cheese:
Cashew cheese is a vegan alternative to dairy products such as cream cheese, yogurt, and others. It has a consistency similar to that of regular dairy cheese and can be used in many recipes calling for regular cheese. The most popular way to use it is in pizza or calzones where it blends very well with the other ingredients like vegetables or meat substitutes.
It also works very well as an ingredient in soups, salads dressings or dips because of its smooth texture.
Application Insights:
The retail application segment accounted for the largest revenue share of over 40% in 2017. Over the past few years, consumers have been shifting their preference towards healthy food and beverages, which is expected to drive demand from retail applications. The catering application segment is also estimated to register a significant CAGR during the forecast period owing to increasing demand for cheese alternatives from vegan and lactose-intolerant people.
In countries such as India, China, Italy and France where dairy products are not tolerated well by majority of population due to religious reasons or allergies issues related to milk proteins have been facing shortage of suitable food options at functions or events where cheese is traditionally served along with other foods like breads rolls etc. As a result, manufacturers are introducing new products that can be consumed without any problem along with other dishes including pizza wings nuggets etc., which will help them cater even more occasions in near future.
Regional Analysis:
North America was the largest regional market in 2017 owing to growing consumer awareness about health and environmental benefits associated with the product. The region is projected to maintain its dominance over the forecast period due to increasing demand for plant-based products. Asia Pacific is expected to be one of the fastest-growing regions during the forecast years on account of rising population, changing food habits, and increasing disposable income levels in emerging economies such as China and India.
Europe has been witnessing a surge in demand for vegan cheese alternatives since last few years on account of growing concerns regarding animal cruelty involved in dairy production processes coupled with high costs involved with milk production by conventional methods. These factors are anticipated to boost industry growth over next eight years.
Growth Factors:
- Increasing health awareness among people about the benefits of consuming cheese alternatives over traditional cheese.
- Rising demand for vegan and lactose-free products across the globe.
- Growing popularity of plant-based diets, which has led to an increase in the demand for dairy-free cheese alternatives.
- Proliferation of artisanal cheesemakers who are offering innovative and unique flavors of vegan cheese alternatives, thereby expanding the consumer base for these products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cheese Alternatives Market Research Report
By Type
Soy Cheese, Cashew Cheese, Other
By Application
Catering, Ingredients, Retail
By Companies
Follow Your Heart, Daiya, Tofutti, Heidi Ho, Kite Hill, Dr. Cow Tree Nut Cheese, Uhrenholt A/S, Miyoko’s Kitchen, Vtopian Artisan Cheeses, Punk Rawk Labs, Violife, Parmela Creamery, Treeline Treenut Cheese
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Cheese Alternatives Market Report Segments:
The global Cheese Alternatives market is segmented on the basis of:
Types
Soy Cheese, Cashew Cheese, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Catering, Ingredients, Retail
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Follow Your Heart
- Daiya
- Tofutti
- Heidi Ho
- Kite Hill
- Dr. Cow Tree Nut Cheese
- Uhrenholt A/S
- Miyoko’s Kitchen
- Vtopian Artisan Cheeses
- Punk Rawk Labs
- Violife
- Parmela Creamery
- Treeline Treenut Cheese
Highlights of The Cheese Alternatives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Soy Cheese
- Cashew Cheese
- Other
- By Application:
- Catering
- Ingredients
- Retail
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cheese Alternatives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cheese alternatives are products that can be used in place of cheese. They may be made from plant-based ingredients, such as tofu, tempeh, and seitan. Some cheese substitutes are also made with dairy-free milks or creams.
Some of the key players operating in the cheese alternatives market are Follow Your Heart, Daiya, Tofutti, Heidi Ho, Kite Hill, Dr. Cow Tree Nut Cheese, Uhrenholt A/S, Miyoko¢â‚¬â„¢s Kitchen, Vtopian Artisan Cheeses, Punk Rawk Labs, Violife, Parmela Creamery, Treeline Treenut Cheese.
The cheese alternatives market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cheese Alternatives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cheese Alternatives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cheese Alternatives Market - Supply Chain
4.5. Global Cheese Alternatives Market Forecast
4.5.1. Cheese Alternatives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cheese Alternatives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cheese Alternatives Market Absolute $ Opportunity
5. Global Cheese Alternatives Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cheese Alternatives Market Size and Volume Forecast by Type
5.3.1. Soy Cheese
5.3.2. Cashew Cheese
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cheese Alternatives Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cheese Alternatives Market Size and Volume Forecast by Application
6.3.1. Catering
6.3.2. Ingredients
6.3.3. Retail
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cheese Alternatives Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cheese Alternatives Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cheese Alternatives Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cheese Alternatives Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cheese Alternatives Demand Share Forecast, 2019-2029
9. North America Cheese Alternatives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cheese Alternatives Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cheese Alternatives Market Size and Volume Forecast by Application
9.4.1. Catering
9.4.2. Ingredients
9.4.3. Retail
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cheese Alternatives Market Size and Volume Forecast by Type
9.7.1. Soy Cheese
9.7.2. Cashew Cheese
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cheese Alternatives Demand Share Forecast, 2019-2029
10. Latin America Cheese Alternatives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cheese Alternatives Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cheese Alternatives Market Size and Volume Forecast by Application
10.4.1. Catering
10.4.2. Ingredients
10.4.3. Retail
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cheese Alternatives Market Size and Volume Forecast by Type
10.7.1. Soy Cheese
10.7.2. Cashew Cheese
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cheese Alternatives Demand Share Forecast, 2019-2029
11. Europe Cheese Alternatives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cheese Alternatives Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cheese Alternatives Market Size and Volume Forecast by Application
11.4.1. Catering
11.4.2. Ingredients
11.4.3. Retail
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cheese Alternatives Market Size and Volume Forecast by Type
11.7.1. Soy Cheese
11.7.2. Cashew Cheese
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractivenes/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cheese Alternatives Demand Share, 2019-2029
12. Asia Pacific Cheese Alternatives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cheese Alternatives Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cheese Alternatives Market Size and Volume Forecast by Application
12.4.1. Catering
12.4.2. Ingredients
12.4.3. Retail
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cheese Alternatives Market Size and Volume Forecast by Type
12.7.1. Soy Cheese
12.7.2. Cashew Cheese
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cheese Alternatives Demand Share, 2019-2029
13. Middle East & Africa Cheese Alternatives Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cheese Alternatives Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cheese Alternatives Market Size and Volume Forecast by Application
13.4.1. Catering
13.4.2. Ingredients
13.4.3. Retail
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cheese Alternatives Market Size and Volume Forecast by Type
13.7.1. Soy Cheese
13.7.2. Cashew Cheese
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cheese Alternatives Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Cheese Alternatives Market: Market Share Analysis
14.2. Cheese Alternatives Distributors and Customers
14.3. Cheese Alternatives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Follow Your Heart
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Daiya
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tofutti
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Heidi Ho
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kite Hill
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dr. Cow Tree Nut Cheese
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Uhrenholt A/S
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Miyokos Kitchen
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Vtopian Artisan Cheeses
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Punk Rawk Labs
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Violife
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Parmela Creamery
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Treeline Treenut Cheese
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
