Market Overview:
The global vegetarian cheeses market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about health benefits of vegetarian cheese, increasing demand for vegan food products, and growing inclination of consumers towards healthy and nutritious food products. Based on type, the global vegetarian cheeses market is segmented into soybean type, nut type, and vegetable oil type. Soybean-based cheese is expected to be the fastest-growing segment during the forecast period owing to its high nutritional value and health benefits. Based on application, supermarkets/hypermarkets are expected to account for the largest share of the global vegetarian cheeses market in 2018 followed by convenience stores. However, online sales are projected to grow at a higher CAGR during the forecast period due to increasing penetration of internet users across regions.
Product Definition:
A vegetarian cheese is a cheese that does not contain rennet, which is an enzyme found in the stomachs of calves and other young ruminants. Rennet is used to curdle milk and produce cheese. Vegetarian cheeses are made from plant-based ingredients, such as soybeans or almonds, which can be coagulated using acids such as vinegar or lemon juice.
Made of Soybean Type:
Soybean is a type of vegetable which is produced in many parts of the world. It has been cultivated and used for food since ancient times. Soybean type, also known as soy milk or tofu, consists of protein-rich elements and thus finds application in vegetarian cheese manufacturing industry. The global vegetarian cheeses market was estimated to be worth USD 1 billion in 2015 and is expected to witness significant growth over the forecast period owing to growing health awareness among consumers across the globe.
Made of Nuts Type:
Nuts type is a vegetarian cheese product made from nuts and seeds. It has high nutritional value, fat-free, cholesterol-free and rich in proteins. The market size of this product is expected to grow at a CAGR of XX% during the forecast period owing to increasing health awareness among consumers across the globe.
Application Insights:
Supermarkets and hypermarkets held the largest share of more than 60.0% in 2017. The application of vegan cheese at supermarkets and hypermarkets has increased significantly over the past few years owing to its convenience, availability, affordability as well as wide product range. Moreover, increasing consumer preference for packaged food products is expected to fuel the demand for vegetarian cheeses over the forecast period.
The independent retailer segment is expected to expand at a CAGR of XX% from 2018 to 2030 due largely on growing penetration in developing countries such as India, China, Bangladesh among others which have a large number of small stores operating without modern retail infrastructure due to low income levels.
Regional Analysis:
Europe was the largest market for vegetarian cheeses, accounting for more than 35.0% of global revenue in 2017. High concentration of lactose intolerant people and rising awareness about healthy lifestyle are driving the product demand in this region. U.K.
Asia Pacific is expected to be one of the fastest growing markets with a CAGR exceeding 5.0% from 2018 to 2030 due to increasing health consciousness among consumers along with rising disposable income levels especially in China.
Growth Factors:
- Increasing awareness about the health benefits of vegetarian cheese products.
- Rising demand for healthy and nutritious food options among consumers.
- Growing popularity of veganism and vegetarianism as lifestyle choices.
- Proliferation of dairy-free cheese products in the market due to increasing demand from vegan consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vegetarian Cheeses Market Research Report
By Type
Made of Soybean Type, Made of Nuts Type, Made of Vegetable Oil Type
By Application
Supermarkets/Hypermarkets, Convenience Stores, Independent Retailers, Online Sales, Others
By Companies
Treeline, Miyoko's, Kite Hill, Upton's, Daiya, UPrise, Annie's, Bragg, Violife, Field Roast, Parmesan
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Vegetarian Cheeses Market Report Segments:
The global Vegetarian Cheeses market is segmented on the basis of:
Types
Made of Soybean Type, Made of Nuts Type, Made of Vegetable Oil Type
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
Supermarkets/Hypermarkets, Convenience Stores, Independent Retailers, Online Sales, Others
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:
- Treeline
- Miyoko's
- Kite Hill
- Upton's
- Daiya
- UPrise
- Annie's
- Bragg
- Violife
- Field Roast
- Parmesan
Highlights of The Vegetarian Cheeses 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:
- Made of Soybean Type
- Made of Nuts Type
- Made of Vegetable Oil Type
- By Application:
- Supermarkets/Hypermarkets
- Convenience Stores
- Independent Retailers
- Online Sales
- Others
- 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 Vegetarian Cheeses 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?
Vegetarian cheeses are made without any animal products.
Some of the major companies in the vegetarian cheeses market are Treeline, Miyoko's, Kite Hill, Upton's, Daiya, UPrise, Annie's, Bragg, Violife, Field Roast, Parmesan.
The vegetarian cheeses market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vegetarian Cheeses 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. Vegetarian Cheeses Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vegetarian Cheeses Market - Supply Chain
4.5. Global Vegetarian Cheeses Market Forecast
4.5.1. Vegetarian Cheeses Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vegetarian Cheeses Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vegetarian Cheeses Market Absolute $ Opportunity
5. Global Vegetarian Cheeses 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. Vegetarian Cheeses Market Size and Volume Forecast by Type
5.3.1. Made of Soybean Type
5.3.2. Made of Nuts Type
5.3.3. Made of Vegetable Oil Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vegetarian Cheeses 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. Vegetarian Cheeses Market Size and Volume Forecast by Application
6.3.1. Supermarkets/Hypermarkets
6.3.2. Convenience Stores
6.3.3. Independent Retailers
6.3.4. Online Sales
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vegetarian Cheeses 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. Vegetarian Cheeses 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 Vegetarian Cheeses 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. Vegetarian Cheeses 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 Vegetarian Cheeses Demand Share Forecast, 2019-2026
9. North America Vegetarian Cheeses 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 Vegetarian Cheeses 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 Vegetarian Cheeses Market Size and Volume Forecast by Application
9.4.1. Supermarkets/Hypermarkets
9.4.2. Convenience Stores
9.4.3. Independent Retailers
9.4.4. Online Sales
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vegetarian Cheeses Market Size and Volume Forecast by Type
9.7.1. Made of Soybean Type
9.7.2. Made of Nuts Type
9.7.3. Made of Vegetable Oil Type
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 Vegetarian Cheeses Demand Share Forecast, 2019-2026
10. Latin America Vegetarian Cheeses 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 Vegetarian Cheeses 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 Vegetarian Cheeses Market Size and Volume Forecast by Application
10.4.1. Supermarkets/Hypermarkets
10.4.2. Convenience Stores
10.4.3. Independent Retailers
10.4.4. Online Sales
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vegetarian Cheeses Market Size and Volume Forecast by Type
10.7.1. Made of Soybean Type
10.7.2. Made of Nuts Type
10.7.3. Made of Vegetable Oil Type
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 Vegetarian Cheeses Demand Share Forecast, 2019-2026
11. Europe Vegetarian Cheeses 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 Vegetarian Cheeses 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 Vegetarian Cheeses Market Size and Volume Forecast by Application
11.4.1. Supermarkets/Hypermarkets
11.4.2. Convenience Stores
11.4.3. Independent Retailers
11.4.4. Online Sales
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vegetarian Cheeses Market Size and Volume Forecast by Type
11.7.1. Made of Soybean Type
11.7.2. Made of Nuts Type
11.7.. Made of Vegetable Oil Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/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 Vegetarian Cheeses Demand Share, 2019-2026
12. Asia Pacific Vegetarian Cheeses 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 Vegetarian Cheeses 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 Vegetarian Cheeses Market Size and Volume Forecast by Application
12.4.1. Supermarkets/Hypermarkets
12.4.2. Convenience Stores
12.4.3. Independent Retailers
12.4.4. Online Sales
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vegetarian Cheeses Market Size and Volume Forecast by Type
12.7.1. Made of Soybean Type
12.7.2. Made of Nuts Type
12.7.3. Made of Vegetable Oil Type
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 Vegetarian Cheeses Demand Share, 2019-2026
13. Middle East & Africa Vegetarian Cheeses 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 Vegetarian Cheeses 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 Vegetarian Cheeses Market Size and Volume Forecast by Application
13.4.1. Supermarkets/Hypermarkets
13.4.2. Convenience Stores
13.4.3. Independent Retailers
13.4.4. Online Sales
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vegetarian Cheeses Market Size and Volume Forecast by Type
13.7.1. Made of Soybean Type
13.7.2. Made of Nuts Type
13.7.3. Made of Vegetable Oil Type
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 Vegetarian Cheeses Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vegetarian Cheeses Market: Market Share Analysis
14.2. Vegetarian Cheeses Distributors and Customers
14.3. Vegetarian Cheeses Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Treeline
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Miyoko's
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kite Hill
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Upton's
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Daiya
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. UPrise
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Annie'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. Bragg
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Violife
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Field Roast
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Parmesan
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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