Plant-based Cheese Market Growth Statistics,Size, SWOT Analysis, Forthcoming Developments, Upcoming Investments and Forecast 2019 - 2027
Plant-based Cheese Market |
Ingredients in plant-based cheese are not obtained from animal derivatives. Lentils, vegetables, cereals, fruits, nuts, and seeds are used to make plant-based cheese. Furthermore, plant-based cheese is made using lactose-free or lactose-free milk and plant-based casein. Soy milk, almond milk, coconut milk, and rice milk are all examples of plant-based cheese. Plant-based cheese expands the range of options available to consumers looking for alternatives to dairy products. Plant-based cheese is a popular alternative to dairy cheese because it mimics the texture and flavour of animal protein.
Consumer perceptions of pet health are changing, disposable income is rising, and the global rate of urbanisation is expanding, all of which are supporting the expansion of the Plant-based Cheese Market. Due to the clean label trend, consumers all over the world are shifting away from animal protein and toward plant-based protein sources. Furthermore, changing consumer habits, globalisation, increased knowledge of lactose sensitivity, and an expanding number of vegan consumers are propelling the total plant-based cheese market forward. Strong economic growth, an increase in the middle-class population, and increased urbanisation are all contributing to the expansion of the plant-based cheese market in the developing world.
Market Segmentation:
Based on the source
Based on the product type
Based on the application
The vegan diet is gaining popularity in European economies, which is predicted to drive total market growth for plant-based cheese over the forecast period. Plant-based cheese is essentially a mix of fat-free protein, antioxidant-rich green liquids, and health-promoting vegetables. Manufacturers of plant-based cheese are currently focusing on the dessert market in order to make their products tastier and healthier for lactose intolerant, vegan, and health-conscious consumers by employing dairy-free nut-based milk.
Based on the source
- Soy Milk
- Almond Milk
- Coconut Milk
- Rice Milk
- Others
Based on the product type
- Mozzarella
- Parmesan
- Cheddar
- Cream Cheese
- Others
Based on the application
- Fast Food Snack
- Dips & Sauces
- Bakery & Confectionery
- Others
The vegan diet is gaining popularity in European economies, which is predicted to drive total market growth for plant-based cheese over the forecast period. Plant-based cheese is essentially a mix of fat-free protein, antioxidant-rich green liquids, and health-promoting vegetables. Manufacturers of plant-based cheese are currently focusing on the dessert market in order to make their products tastier and healthier for lactose intolerant, vegan, and health-conscious consumers by employing dairy-free nut-based milk.
The major players operating in the global plant-based cheese market include Follow Your Heart, Otsuka (Daiya Foods Inc.), Tofutti Brands, Inc., Green Space Brands, Lisanatti Foods, Inc., Treeline Treenut Cheese, Miyoko’s Kitchen, Bute Island Foods Ltd., Violife, Kite Hill, Dr-Cow Tree Nut Cheese, VBites, and Green Vie Foods.
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