The market for plant-based cheese is estimated to be worth USD 3,068 million in 2024 and is projected to reach USD 9,658 million by 2034. The market is anticipated to expand at a CAGR of 12.2% on average between 2024 and 2034. The plant-based cheese market is driven by customers in search of sustainable and cruelty-free substitutes for traditional dairy products.
Customers increasingly desire plant-based cheese over conventional ones due to health-conscious purchasing, ethical and environmental benefits, delicious taste, and diverse product offerings, reflecting a shift toward a more sustainable and plant-centric diet.
Consumption Analysis of the Plant-based Cheese
Attributes | Details |
---|---|
Plant-based Cheese Market Value for 2024 | USD 3,068 million |
Plant-based Cheese Market Size for 2034 | USD 9,658 million |
Market Forecast CAGR for 2024 to 2034 | 12.2% |
This section provides extensive assessments of certain segments of the plant-based cheese business. The current study focuses on two primary features: the Soy milk-based cheese segment and the B2C distribution channel.
Attributes | Details |
---|---|
Top Source | Soy Milk |
Market Share in 2024 | 38.2% |
In 2024, the soy milk-based cheese category is estimated to rule the plant-based cheese market, with a whopping 38.2% share. There are several reasons for this inclination for soy milk source:
Attributes | Details |
---|---|
Top Distribution Channel | B2C |
Market Share in 2024 | 83.8% |
The distribution channel that gained significant traction was business-to-consumer, with an expected 83.8% market share in 2024. The following is a description of this supremacy:
highlighting the predicted growth patterns for the plant-based cheese market. An impressive historical compound annual growth rate of 11.6% indicates the market is steadily expanding. Moreover, the industry is anticipated to grow at an astounding 12.2% through 2034.
Historical CAGR | 11.6% |
---|---|
Forecast CAGR | 12.2% |
Product innovation and growing consumer acceptance of veganism are just a few of the positive factors driving the industry's expansion. Many clients have been drawn to these nutritional substances because of their versatility, simplicity, and flexibility for customization.
Crucial factors that are anticipated to influence the demand for vegan cheese through 2034.
Due to these proactive features, which position the industry for long-term success, market participants must continue to be strategic and adaptive during the estimated period.
Popularity of Veganism in the Mainstream Media
Given the substantial nutritional content and numerous health advantages, plant-based diets are growing popular among individuals concerned about their health. These meals are rich in fiber, which helps reduce cholesterol and blood glucose levels, promoting overall well-being.
As the trend toward vegetarianism continues to gain momentum, more and more people are turning to plant-based cheese products, such as plant-based parmesan, which has led to exponential growth in the non-dairy cheese market. This rise in consumer inclination toward plant-based cheese is expected to drive sales in the coming years.
Adaption of Vegan Culinary Innovations in the HoReCa Sector
The millennial generation's growing interest in veganism and vegetarianism enhances the hotel, restaurant, and café industries. This change has also influenced the worldwide market for plant-based cheese, encouraging the food industry to innovate and create new goods and raising spending on research and development.
Vegan cheese is becoming increasingly popular because of its great taste and practicality. It has a longer shelf life, better flavor, and a better texture. The food sector is undergoing considerable transformation because of the rising trend of veganism and vegetarianism, driving innovation and growth in plant-based diets.
Health and Safety Code Shifts the Plant-based Cheese Market
Growing consumer knowledge of the health dangers connected with dairy products, including lactose intolerance, allergies, and cholesterol problems, has led many to choose vegan cheese as a superior alternative suitable for dietary restrictions or health goals.
As per the World Health Organization, diabetes is a primary cause of blindness, heart disease, renal issues, lower limb amputation, and several other health complications. Many consumers have switched to plant-based meals because of this. There are several health advantages to plant-based cheese, including decreased blood sugar, enhanced insulin sensitivity, and a reduced risk of type 2 diabetes.
The industry is growing because vegan cheese is recommended for lactose intolerant people and has a higher medical impact than typical dairy cheese.
This section examines the markets for plant-based cheese in several countries, such as the United States, China, India, Germany, and the United Kingdom. The section explores the aspects influencing the demand, acceptance, and sales of plant-based cheese in particular countries.
Country | CAGR |
---|---|
United States | 8.2% |
Germany | 10.2% |
United Kingdom | 8.7% |
India | 8.4% |
China | 3.3% |
In the United States, the demand for plant-based cheese is anticipated to expand at a compound annual growth rate of 8.2% through 2034. This quick growth is fueled by the following factors:
Germany is experiencing a surge in plant-based cheese demand, with a predicted CAGR of 10.2% through 2034. Some of the primary drivers include:
China is seeing an increase in demand for plant-based cheese, with a predicted CAGR of 3.3% through 2034. Among the main trends are:
The market for plant-based cheese is expanding in the United Kingdom with an estimated CAGR of 8.7% through 2034. Here are a few of the key trends:
Through 2034, the market for plant-based cheese in India is anticipated to increase at a CAGR of 8.4%. Several of the key trends are as follows:
The highly competitive and rapidly expanding plant-based cheese business is crowded with companies striving for market domination and a solid basis. Several factors, including price strategies, marketing campaigns, research and development, and the development of new products, largely drive the rivalry. The vegan cheese sector is notably fragmented, with competitors vying for market dominance. Therefore, strategic decision-making and competitive pressures are given greater weight. To keep ahead of the competition, players in the industry invest a lot of money in research and development to create innovative, highly effective, cruelty-free dairy products.
In today's intensely competitive environment, businesses always seek ways to increase their market share and operational effectiveness. Market players actively look for strategic alliances, collaborations, and partnerships to do this. Companies collaborating to achieve common goals can benefit from each other's resources and expertise.
Plant-based dairy product manufacturers employ many marketing tactics, including partnerships and new product launches, to expand their presence. Thanks to these measures, they can get a competitive edge in the market and raise product awareness. Through constant innovation and the development of fresh approaches to engage their target market, companies may remain ahead of the curve and retain their leading positions in the sector.
Recent Developments in the Plant-based Cheese Industry:
Report Attributes | Details |
---|---|
Current Total Market Size (2024) | USD 3,068 million |
Projected Market Size (2034) | USD 9,658 million |
CAGR (2024 to 2034) | 12.2% |
Base Year for Estimation | 2023 |
Historical Period | 2019 to 2023 |
Projections Period | 2024 to 2034 |
Quantitative Units | USD million for value and thousand tons for volume |
Sources Analyzed (Segment 1) | Oat Milk, Rice Milk, Corn Milk, Soy Milk, Pea Milk, Almond Milk, Coconut Milk, Cashew Milk, Flax Milk, Hemp Milk, Other |
Distribution Channels Analyzed (Segment 2) | B2B (Hotels, Restaurants, Cafes), B2C (Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Mom and Pop Stores, Discount Stores, Food & Drink Specialty Stores, Independent Small Groceries, Online Retail, Others) |
Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Middle East & Africa |
Countries Covered | United States, Canada, Mexico, Brazil, Argentina, Germany, France, United Kingdom, Italy, Spain, Netherlands, China, India, Japan, South Korea, ANZ, GCC Countries, South Africa |
Key Players influencing the Plant-based Cheese Market | Daiya Foods Inc., The Gardener Cheese Company Inc., Kite Hill, Miyoko’s Creamery, Field Roast, Puris Foods, Bute Island Foods Ltd., Follow Your Heart, WayFare Foods, GreenSpace Brands, Danone S.A. |
Additional Attributes | Consumer shift toward clean-label, vegan dairy alternatives, E-commerce expansion in dairy-free segments, Regional growth in soy and almond-based cheese products, Innovation in meltability, flavor, and nutrition of plant-based cheese formulations |
Customization and Pricing | Customization and Pricing Available on Request |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Tons) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Source, 2019 to 2034
Table 4: Global Market Volume (Tons) Forecast by Source, 2019 to 2034
Table 5: Global Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 6: Global Market Volume (Tons) Forecast by Distribution Channel, 2019 to 2034
Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 8: North America Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 9: North America Market Value (US$ Million) Forecast by Source, 2019 to 2034
Table 10: North America Market Volume (Tons) Forecast by Source, 2019 to 2034
Table 11: North America Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 12: North America Market Volume (Tons) Forecast by Distribution Channel, 2019 to 2034
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Latin America Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 15: Latin America Market Value (US$ Million) Forecast by Source, 2019 to 2034
Table 16: Latin America Market Volume (Tons) Forecast by Source, 2019 to 2034
Table 17: Latin America Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 18: Latin America Market Volume (Tons) Forecast by Distribution Channel, 2019 to 2034
Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 20: Western Europe Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 21: Western Europe Market Value (US$ Million) Forecast by Source, 2019 to 2034
Table 22: Western Europe Market Volume (Tons) Forecast by Source, 2019 to 2034
Table 23: Western Europe Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 24: Western Europe Market Volume (Tons) Forecast by Distribution Channel, 2019 to 2034
Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: Eastern Europe Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 27: Eastern Europe Market Value (US$ Million) Forecast by Source, 2019 to 2034
Table 28: Eastern Europe Market Volume (Tons) Forecast by Source, 2019 to 2034
Table 29: Eastern Europe Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 30: Eastern Europe Market Volume (Tons) Forecast by Distribution Channel, 2019 to 2034
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 32: South Asia and Pacific Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Source, 2019 to 2034
Table 34: South Asia and Pacific Market Volume (Tons) Forecast by Source, 2019 to 2034
Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 36: South Asia and Pacific Market Volume (Tons) Forecast by Distribution Channel, 2019 to 2034
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 38: East Asia Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 39: East Asia Market Value (US$ Million) Forecast by Source, 2019 to 2034
Table 40: East Asia Market Volume (Tons) Forecast by Source, 2019 to 2034
Table 41: East Asia Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 42: East Asia Market Volume (Tons) Forecast by Distribution Channel, 2019 to 2034
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 44: Middle East and Africa Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Source, 2019 to 2034
Table 46: Middle East and Africa Market Volume (Tons) Forecast by Source, 2019 to 2034
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 48: Middle East and Africa Market Volume (Tons) Forecast by Distribution Channel, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Source, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 5: Global Market Volume (Tons) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ Million) Analysis by Source, 2019 to 2034
Figure 9: Global Market Volume (Tons) Analysis by Source, 2019 to 2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Source, 2024 to 2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Source, 2024 to 2034
Figure 12: Global Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 13: Global Market Volume (Tons) Analysis by Distribution Channel, 2019 to 2034
Figure 14: Global Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 16: Global Market Attractiveness by Source, 2024 to 2034
Figure 17: Global Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 18: Global Market Attractiveness by Region, 2024 to 2034
Figure 19: North America Market Value (US$ Million) by Source, 2024 to 2034
Figure 20: North America Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 23: North America Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 26: North America Market Value (US$ Million) Analysis by Source, 2019 to 2034
Figure 27: North America Market Volume (Tons) Analysis by Source, 2019 to 2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Source, 2024 to 2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Source, 2024 to 2034
Figure 30: North America Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 31: North America Market Volume (Tons) Analysis by Distribution Channel, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 34: North America Market Attractiveness by Source, 2024 to 2034
Figure 35: North America Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 36: North America Market Attractiveness by Country, 2024 to 2034
Figure 37: Latin America Market Value (US$ Million) by Source, 2024 to 2034
Figure 38: Latin America Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 41: Latin America Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 44: Latin America Market Value (US$ Million) Analysis by Source, 2019 to 2034
Figure 45: Latin America Market Volume (Tons) Analysis by Source, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Source, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Source, 2024 to 2034
Figure 48: Latin America Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 49: Latin America Market Volume (Tons) Analysis by Distribution Channel, 2019 to 2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 52: Latin America Market Attractiveness by Source, 2024 to 2034
Figure 53: Latin America Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 55: Western Europe Market Value (US$ Million) by Source, 2024 to 2034
Figure 56: Western Europe Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 57: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 59: Western Europe Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 62: Western Europe Market Value (US$ Million) Analysis by Source, 2019 to 2034
Figure 63: Western Europe Market Volume (Tons) Analysis by Source, 2019 to 2034
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Source, 2024 to 2034
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Source, 2024 to 2034
Figure 66: Western Europe Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 67: Western Europe Market Volume (Tons) Analysis by Distribution Channel, 2019 to 2034
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 70: Western Europe Market Attractiveness by Source, 2024 to 2034
Figure 71: Western Europe Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 73: Eastern Europe Market Value (US$ Million) by Source, 2024 to 2034
Figure 74: Eastern Europe Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 77: Eastern Europe Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Source, 2019 to 2034
Figure 81: Eastern Europe Market Volume (Tons) Analysis by Source, 2019 to 2034
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Source, 2024 to 2034
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Source, 2024 to 2034
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 85: Eastern Europe Market Volume (Tons) Analysis by Distribution Channel, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 88: Eastern Europe Market Attractiveness by Source, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 91: South Asia and Pacific Market Value (US$ Million) by Source, 2024 to 2034
Figure 92: South Asia and Pacific Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 95: South Asia and Pacific Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Source, 2019 to 2034
Figure 99: South Asia and Pacific Market Volume (Tons) Analysis by Source, 2019 to 2034
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Source, 2024 to 2034
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Source, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 103: South Asia and Pacific Market Volume (Tons) Analysis by Distribution Channel, 2019 to 2034
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 106: South Asia and Pacific Market Attractiveness by Source, 2024 to 2034
Figure 107: South Asia and Pacific Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 109: East Asia Market Value (US$ Million) by Source, 2024 to 2034
Figure 110: East Asia Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 111: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 113: East Asia Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 116: East Asia Market Value (US$ Million) Analysis by Source, 2019 to 2034
Figure 117: East Asia Market Volume (Tons) Analysis by Source, 2019 to 2034
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Source, 2024 to 2034
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Source, 2024 to 2034
Figure 120: East Asia Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 121: East Asia Market Volume (Tons) Analysis by Distribution Channel, 2019 to 2034
Figure 122: East Asia Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 124: East Asia Market Attractiveness by Source, 2024 to 2034
Figure 125: East Asia Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 127: Middle East and Africa Market Value (US$ Million) by Source, 2024 to 2034
Figure 128: Middle East and Africa Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 131: Middle East and Africa Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Source, 2019 to 2034
Figure 135: Middle East and Africa Market Volume (Tons) Analysis by Source, 2019 to 2034
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Source, 2024 to 2034
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Source, 2024 to 2034
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 139: Middle East and Africa Market Volume (Tons) Analysis by Distribution Channel, 2019 to 2034
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 142: Middle East and Africa Market Attractiveness by Source, 2024 to 2034
Figure 143: Middle East and Africa Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
The plant-based cheese market is estimated to reach USD 3,068 million in 2024.
The trend of artisanal cheese dishes emerges in the plant-based cheese industry.
The cheeses obtained from soy milk, coconut milk, peanut milk, almond milk, and oat milk are plant-based cheeses.
The plant-based cheese market is anticipated to surpass USD 9,658 million by 2034.
The industry is anticipated to grow at a rate of 12.2% from 2024 to 2034.
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