Non Dairy Cheese Market 2017: Industry Review, Research, Statistics and Growth Market Research Future published a Cooked Research Report on Global Non-Dairy Cheese Market value which is estimated to grow at 7.70% by 2023 Market Forecast The significant factor increasing the growth of non-dairy cheese market is the increasing incidence of lactose intolerance across the globe. People who are lactose intolerant lack enzyme (lactase) in their small intestine to break down all of the lactose consumed. Growing concern on animal welfare, human health and the environment has led to the rising trend of veganism which has become a mainstream now. The appeal and potential of vegan diet has grown popular in the recent years as consumers strictly follow set of rules where animal products are not consumed due to ethical reasons and seek healthier & cleaner products. Non-dairy cheese manufacturers focus on sustainable packaging and clean labelling as consumers prefer products free from any additives and chemical preservatives. Soy milk, almond milk, rice milk and coconut milk are commonly used to manufacture non-dairy cheese and manufacturers focus on packaging to attract the consumer's eye and make the product stand out next to the competitor's product on the retail shelf. These factors will play a key role in the growth of non-dairy cheese market at the CAGR of 7.70% during 2017-2023.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/3114 By Downstream AnalysisAmong the source type, soy milk segment is anticipated to retain its dominance throughout the forecast period. Also, the segment is projected to register the healthy CAGR of 7.89% during the forecast period. Among the product type, cheddar segment is estimated to account maximum market proportion during the forecast period of 2017-2023. Cream cheese segment is estimated to observe a substantial growth of 8.10% during the review period. Market Overview
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