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Vegan Cheese Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global vegan cheese market size reached US$ 2.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.4 Billion by 2027, exhibiting a growth rate (CAGR) of 13.06% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Vegan cheese is an alternative to dairy cheese, which is formulated using plant-based ingredients such as nuts, soy protein, nutritional yeast, natural enzymes, vegetable glycerin, and assorted bacterial cultures. It is mixed with oils, starches, emulsifiers, thickeners, and spices to create a firm consistency and mimic dairy cheese flavors. Nowadays, leading manufacturers are innovating vegan cheese flavors with arrowroot, tapioca flour, pea protein, carrageenan, xanthan gum, and thickening agar flakes to expand their consumer base.

Market Trends and Drivers:

Vegan cheese is generally gluten-free and low in fat than regular cheese. A significant rise in the adoption of gluten-free and plant-based diets, along with the growing popularity of ready-to-eat (RTE) packaged vegan food and beverages, represents one of the key factors stimulating the market growth. Apart from this, major players are introducing vegan cheese in varying bases, textures, flavors, and forms like shredded, cream, block, sliced, soft, parmesan-style, and dips. For instance, Boursin (Bel Brands USA) introduced dairy-free garlic and herbs cheese spread on Amazon Fresh in October 2020. Moreover, these players are introducing minimally processed product variants with high amounts of fiber, healthy fats, and vital micronutrients. They are also forming partnerships with fast food service joints to serve products like pizza, cream cheese and cheesecake made using vegan cheese. Other factors, including the increasing number of individuals with lactose intolerance and the rising access to dairy-free products, are anticipated to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global vegan cheese market report, along with forecasts at the global, regional, and country-level from 2022-2027. Our report has categorized the market based on product type, source, distribution channel, and application.

Breakup by Product Type:

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

Breakup by Source:

  • Soy
  • Almond
  • Coconut
  • Cashew
  • Others
     

Breakup by Distribution Channel:

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

Breakup by Application:

  • Household
  • Food Processing
  • Foodservice
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the vegan cheese manufacturers being Daiya Foods Inc., Galaxy Nutritional Foods Inc. (Greenspace Brands Inc.), Good Planet Foods LLC, Kite Hill, Miyoko's Creamery, Parmela Creamery, Tofutti Brands Inc., Tyne Chease Limited, and Violife Foods.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Source, Distribution Channel, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Daiya Foods Inc., Galaxy Nutritional Foods Inc. (Greenspace Brands Inc.), Good Planet Foods LLC, Kite Hill, Miyoko's Creamery, Parmela Creamery, Tofutti Brands Inc., Tyne Chease Limited and Violife Foods
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global vegan cheese market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global vegan cheese market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the source?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global vegan cheese market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Vegan Cheese Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Product Type
    6.1    Mozzarella
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Cheddar
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Parmesan
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Ricotta
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Cream
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Others
        6.6.1 Market Trends
        6.6.2 Market Forecast
7   Market Breakup by Source
    7.1    Soy
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Almond
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Coconut
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Cashew
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8   Market Breakup by Distribution Channel
    8.1    Supermarkets and Hypermarkets
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Convenience Stores
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Online Stores
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9   Market Breakup by Application
    9.1    Household
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Food Processing
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Foodservice
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Others
        9.4.1 Market Trends
        9.4.2 Market Forecast
10  Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Price Analysis
15  Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Daiya Foods Inc.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    Galaxy Nutritional Foods Inc. (Greenspace Brands Inc.)
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    Good Planet Foods LLC
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    Kite Hill
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
        15.3.5    Miyoko's Creamery
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    Parmela Creamery
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Tofutti Brands Inc.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
        15.3.8    Tyne Chease Limited
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Violife Foods
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
 

List of Figures

Figure 1: Global: Vegan Cheese Market: Major Drivers and Challenges
Figure 2: Global: Vegan Cheese Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Vegan Cheese Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Vegan Cheese Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Vegan Cheese Market: Breakup by Source (in %), 2021
Figure 6: Global: Vegan Cheese Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: Vegan Cheese Market: Breakup by Application (in %), 2021
Figure 8: Global: Vegan Cheese Market: Breakup by Region (in %), 2021
Figure 9: Global: Vegan Cheese (Mozzarella) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Vegan Cheese (Mozzarella) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Vegan Cheese (Cheddar) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Vegan Cheese (Cheddar) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Vegan Cheese (Parmesan) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Vegan Cheese (Parmesan) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Vegan Cheese (Ricotta) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Vegan Cheese (Ricotta) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Vegan Cheese (Cream) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Vegan Cheese (Cream) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Vegan Cheese (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Vegan Cheese (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Vegan Cheese (Soy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Vegan Cheese (Soy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Vegan Cheese (Almond) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Vegan Cheese (Almond) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Vegan Cheese (Coconut) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Vegan Cheese (Coconut) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Vegan Cheese (Cashew) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Vegan Cheese (Cashew) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Vegan Cheese (Other Sources) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Vegan Cheese (Other Sources) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Vegan Cheese (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Vegan Cheese (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Vegan Cheese (Convenience Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Vegan Cheese (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Vegan Cheese (Online Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Vegan Cheese (Online Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Vegan Cheese (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Vegan Cheese (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Vegan Cheese (Household) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Vegan Cheese (Household) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Vegan Cheese (Food Processing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Vegan Cheese (Food Processing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Global: Vegan Cheese (Foodservice) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Global: Vegan Cheese (Foodservice) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Global: Vegan Cheese (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Global: Vegan Cheese (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: North America: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: North America: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: United States: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: United States: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Canada: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Canada: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Asia-Pacific: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Asia-Pacific: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: China: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: China: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Japan: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Japan: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: India: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: India: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: South Korea: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: South Korea: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Australia: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Australia: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Indonesia: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Indonesia: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Europe: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Europe: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Germany: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Germany: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: France: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: France: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: United Kingdom: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: United Kingdom: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Italy: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Italy: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Spain: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Spain: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Russia: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Russia: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Others: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Others: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Latin America: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Latin America: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Brazil: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Brazil: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Mexico: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Mexico: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Others: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: Others: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Middle East and Africa: Vegan Cheese Market: Sales Value (in Million US$), 2016 & 2021
Figure 94: Middle East and Africa: Vegan Cheese Market: Breakup by Country (in %), 2021
Figure 95: Middle East and Africa: Vegan Cheese Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 96: Global: Vegan Cheese Industry: SWOT Analysis
Figure 97: Global: Vegan Cheese Industry: Value Chain Analysis
Figure 98: Global: Vegan Cheese Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Vegan Cheese Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Vegan Cheese Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Vegan Cheese Market Forecast: Breakup by Source (in Million US$), 2022-2027
Table 4: Global: Vegan Cheese Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Vegan Cheese Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Vegan Cheese Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Vegan Cheese Market: Competitive Structure
Table 8: Global: Vegan Cheese Market: Key Players


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