Vegan Cheese Market Forecasts From 2020 To 2025
DESCRIPTION The global vegan cheese market is expected to grow at a CAGR of 8.91% over
the forecast period to reach a total market size of US$4.578 billion by 2025, increasing from US$2.743 billion in 2019. Vegan cheese is often called plantbased cheese for consumers who are lactose intolerant and want to go animal-free. Growing health-consciousness among consumers, dietary restrictions, and popularity in veganism is supplementing the demand for vegan cheese products globally. Besides, growing consumer inclination toward veganism in various parts of the world is anticipated to boost the adoption of vegan cheese over the forecast period. However, the relatively high price of plant-based products compared to dairy is expected to retrain the growth of the market in the coming years.
Some Key Questions Answered By The Report
▪What will be Global Caviar Market from 2020 to 2025? ▪How are the major drivers and restraints affecting the Vegan Cheese Market. ▪Growth and the opportunities which exist for key vendors? ▪Which segment and region will drive or lead the market growth and why?
Rising Consumer Awareness Growing awareness about the negative impact of high meat consumption on the environment is one of the major factors behind the rising popularity of plant-based products, including vegan cheese. Greenhouse gas emissions due to grazing are pressurizing the whole world to increase focus on plant-based products which in turn is driving the growth of the vegan cheese market. Rapid shift towards vegan diet adoption is also boosting the demand for cheese along with other plant-based protein products in various parts of the world. Moreover, the absence of artificial sweeteners and chemical additives is also leading manufacturers and customers to opt for plant-based products over animal-based.
Geography
North America
•
United States
•
Canada
•
Mexico
•
Others
South America
•
Brazil
•
Argentina
•
Others
GEOGRAPHY Europe
Germany
France
Italy
United Kingdom
Others
Middle East and Africa
Israel
Saudi Arabia
UAE
Others
Asia Pacific
Japan
China
India
Others
SEGMENT ANALYSIS
We have included all segments of this market in market research report.
The Vegan Cheese market has been segmented on the basis of source, product type, distribution channel and geography.
For complete segment information visit us
https://www.knowledge-sourcing.com/report/vegan-cheese-market
CONCLUSION
ď‚Ą Major players in the Vegan Cheese market have been covered along with their
relative competitive position and strategies. ď‚Ą The report also mentions recent deals and investments of different market
players over the last year. ď‚Ą The company profiles section details the business overview, financial
performance for the past three years, key products and services being offered along with the recent developments of these important players in the Vegan Cheese market.
COMPANY PROFILES Hope Foods, LLC GOOD PLANeT Foods. Kite Hill. Angel Food Miyoko's Creamery Green Vie Foods Tofutti Brands, Inc Bute Island Foods Ltd Daiya Foods Inc WayFare Foods Gardener Cheese Company VioLife Galaxy Nutritional Foods, Inc. The list is not exhaustive*
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