Plant-based Cheese Market
Market Insights on Plant-based Cheese covering sales outlook, demand forecast & up-to-date key trends
Plant-based Cheese Market by Source (Oat Milk source, Rice Milk Source), Distribution Channel (B2B, B2C) & Region - Forecast 2022 - 2032
Plant Based Cheese Market Overview
[350 Pages Report] The sales of Plant Based Cheese Market is estimated to be valued at US$ 1,530.2 Mn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 3,416.6 Mn by 2032, rising at a CAGR of 8.4% for 2022-32.
|
Attribute |
Details |
|
Market Size Value in 2021 |
USD 1,530.2 Mn |
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Market Forecast Value in 2032 |
USD 3,416.6 Mn |
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Global Growth Rate |
8.4% |
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Forecast Period |
2022-2032 |
According to the Market Research analysis, 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. are identified as key plant based cheese brands.
Vegan cheese is a dairy substitute that is made completely of plant-based ingredients. Vegan cheese is made from a variety of plant-based milks, including soy milk, coconut milk, peanut milk, almond milk, and oat milk. During the projection period, the vegan cheese market will develop due to an increase in the number of people who are flexitarian or vegan, as well as a rise in the number of people who are opposed to animal killing and concerned about their welfare. Incorporating vegan cheese into one's diet can improve one's physiological status.
Furthermore, folks who are lactose intolerant or allergic to dairy are increasingly gravitating toward plant-based diets. Plant-based foods, like dairy products, give protein, vitamins, and carbs.
With the rapid rise in vegan population, growth in the global vegan cheese market is on the cards. This will directly influence the sales of plant-based cheese during the upcoming period.
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Vegan Diet to Propel the Demand for Plant Based Cheese
According to the analysis by Future Market Insights, the worldwide plant-based cheese market is expected to develop at a CAGR of 8.4% between 2022 and 2032. The rapidly rising market for plant-based cheese throughout the previous few years can be attributed to variables such as the surge in acceptance of allergen-free as well as plant-based diets.
Veganism's social acceptance has been at an all-time high as it has nearly doubled in the past 5 years. Veganism is now in the limelight, particularly as the practice gets celebrity support.
Several medical advantages of vegan food products are covered in-depth under numerous international initiatives in response to factors such as increased health issues. For example, in 2015 Ireland initiated Go Vegan World debut. It is a Public Educational Ad Campaign aimed at raising awareness regarding animal protection and the advantages of a vegan diet around the world.
These efforts have gone a long way towards raising vegan acceptance. Such measures are projected to benefit the market for plant-based cheese and eventually expand the vegan diary market size in the coming years.
Plant-Based Cheese Consumption Rises Due to Growing Health Concerns Across the World
Diabetes, cardiovascular disease, overweight, as well as other health problems are on the rise, with no indications of slowing or stopping. Obesity reached 41% in 2013 in the United States, according to the NCBI, and it is growing at an average rate of 6% every year.
Diabetes is also a leading cause of blindness, heart disease, kidney problems, lower limb surgical removal, and other health problems, according to the WHO. This has prompted a growing number of customers to switch to a plant-based meal.
Plant-based cheese offers variety of health benefits, including lower blood glucose levels, improved sensitivity to insulin, and a reduced chance of developing type 2 diabetes, among others. Furthermore, plant-based cheese is strongly recommended for persons who are allergic to dairy items. The market is expected to grow at an exponential CAGR over the forecasted timeframe as a result of these factors.
The rapid expansion of plant-based food product market due to increasing consumption of plant-based food products and growing consumer awareness about the health benefits of plant-based foods will create plethora of growth opportunities for the manufacturers of plant-based cheese over the assessment period.
Find your sweet spots for generating winning opportunities in this market.
Talk to AnalystDiet Based on Plants Gaining Traction as a Result of a Plethora of Benefits
A plant-based meal is nutritionally high in fiber and offers a number of health benefits, including decreasing cholesterol and blood glucose levels, among others. The growing popularity of vegetarianism has fuelled the adoption of plant-based products like plant-based cheese and the trend is likely to continue in the future,
According to the report, 4.75% of the population aged fifteen and above in the United Kingdom were vegan. In the year 2018, the vegan population in the United Kingdom expanded by 72.8 %. In Ireland, 86.5% of consumers will become vegan by 2022.
Saturated fatty acids in milk products raise the risk of diseases like cancer (particularly breast, and prostate tumours), type 2 diabetes, and others. Milk products are also inedible to persons with lactose allergies. Plant-based cheese is free of most of these dangerous factors and is becoming increasingly popular around the world.
Rising consumer inclination towards consuming plant-based cheese has led to exponential growth of non-dairy cheese market and plant-based parmesan market across various countries, which in turn is expected to trigger the sales of plant-based cheese during the assessment period.
Increasing environmental awareness to drive the demand for plant-based cheese
The growing emphasis on environmentally friendly products has fuelled the rise of the plant-based cheese sector. According to the United Kingdom International Diabetes Federation, the dairy farm produces well over 92% of the greenhouse gas emissions which is a footprint of cheese manufacture. Plant-based cheese is much more environmentally friendly, which is why a rising number of people prefer it.
Dairy ecosystems have a number of severe environmental consequences, including the deterioration of hydro-geological processes, the lack of grassland biodiversity, compromised soil quality, and so forth. Since more people become aware of the negative effects of the dairy industry, they are opting for plant-based alternatives to safeguard the environment. The market demand for plant-based cheese has surged dramatically as a result of this. Moreover, rising production and consumption of plant-based cheese is also expected to boost the growth of the global vegan cheese market during the upcoming years.
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Key Challenges Faced By Plant Based Cheese market
Plant-based cheese is manufactured using components obtained from veggies, such as proteins, lipids, and dairy. The accessibility of a variety of fresh ingredients, as well as time and expense, are all factors challenging the growth of plant-based cheese market.
Furthermore, plant-based cheese is frequently manufactured with extra additives and loses some of the traditional nutritional qualities of dairy-based goods, making it unsuitable for growing children, the geriatric, or anybody in need of adequate nutrition.
In addition to this, absence of genuine flavour and texture in plant-based cheese is also limiting market growth.
Geographic analysis of the Plant-Based Cheese Market
North America Plant-Based Cheese Market to Dominate the Industry
“Rising Vegan Population Igniting Sales Across North America”
North America currently dominates the worldwide plant-based cheese sector. North America's growth is being boosted by a rise in the number of people adopting a vegan diet in the area, as well as a surge in environmental consciousness.
In the year 2017, 4.2% of Americans were vegetarians, with over 0.6% being vegans. According to "The Economist," the crossover from veganism to vegetarianism has indeed been significant in 2019, prompting it to declare 2019 "Year of the Vegans."
In addition, according to a report titled "Vegetarians in the USA," the vegan population in the United States is rapidly growing. The growing preference for plant-based substitutes of dairy products in nations such as the United States, Canada, and others are likely to boost the market in this region.
Furthermore, exponential growth of plant-based food product market due to rising veganism and growing consumer awareness about the benefits of plant-based foods is expected to generate growth opportunities for the manufactures of plant-based cheese across North America during the forecast period.
EMEA to Emerge as a New Dominating Area in the Plant-Based Cheese Market
“Growing Consumer Inclinations Towards Vegan Diets Spurring Growth In EMEA”
EMEA is the world's second biggest marketplace for plant-based cheese, with strong prospects for growth in future years. The expanding veganism community in Europe is assisting in the development of the plant-based cheese market in this region.
According to European Union National Statistics, in the 5 years from 2015 and 2020, the popularity of "veganism" in the EU surged sevenfold. Additionally, various drawbacks of the dairy industry have prompted an increase in veganism. Mastitis, which is a bacterial illness in the mammary gland, affects 35% of dairy cows in the United Kingdom. EMEA is projected to maintain its dominance as the inclination of adopting a vegan diet continues.
Growing consumer awareness about the benefits of utilizing plant products coupled with rising popularity of non-dairy cheese market across countries like Germany and France will continue to bolster the growth of plant-based cheese market during the forecast period.
Increasing Demand for Vegetarian Diet in APAC Countries to Boost the Plant-Based Cheese Market
“Increasing Consumption of Plant-Based Cheese Driving Growth in APAC”
The Asia Pacific has emerged as a prominent profitable market for plant-based cheese, with a rapid increase predicted in the next years. The constant development of the East Asian market is aided by the wide availability of a diverse variety of sources including corn milk, oat milk, and other sources.
Due to strong consumption of plant-based cheese, the leading vegan-friendly nations such as India, China and others are driving growth in East Asia. The Food and Agriculture Organization estimates that India has around 700 million vegetarians. This has contributed significantly to the increase in the market for plant-based cheese.
In addition to this, rapid expansion of dairy alternatives market across developing nations like China and Inda is anticipated to provide conducive environment for the manufacturers of plant-based cheese during the assessment period.
Oat Milk Source to Propel Growth of the Plant-based Cheese Market
“Oat Milk Based Cheese to Continue to Remain High in Demand”
Because of its numerous health benefits, oat milk is the ideal source for making plant-based cheese. Oat milk, for example, is a good source of vitamin B and is good for bone strength. It also has other health advantages. Individuals with gluten intolerance, lactose sensitivity, and other food sensitivities appreciate it because it is practically free of lactose, and gluten.
Additionally, oat milk sources are cost-efficient, and plant-based cheese can also be made from them in less period and with less effort, making them a popular choice among plant-based cheese producers.
Growing demand for dairy alternatives coupled with rapid expansion of vegan dairy market and increasing consumer preference for oat-based cheese will further boost the segment growth during the assessment period.
Scope of Report
With its latest report on plant-based cheese market, FMI has attempted to uncover key investment pockets that are likely to provide maximum growth opportunities to manufacturers of plant-based cheese during the upcoming period.
The study provides an in-depth analysis of interrelationship between increasing vegan population and flourishing plant-based cheese market. It tries to dig deep into the factors that are shaping the market dynamics.
Besides this, the report attempts to uncover consumer demands as well as the recent innovations adopted by market players to meet these demands. A certain number of chapters have been exclusively dedicated to discussing leading market segments. To add more flavor to the study and make it interesting, a graphical presentation of leading segments and market figures has been incorporated in the report.
The report also provides valuable insights into consumer demands and explains in detail about innovations and growth strategies adopted by key participants to increase their sales.
The Plant-Based Cheese market analysis includes:
- A 10-year realistic plant-based cheese sales forecast slicing across multiple verticals
- Key consumer dynamics and factors affecting demand and supply variables.
- Insights from demand and supply side respondents in relation to the market share, distribution, size, and growth
- A detailed discussion on the impact of rising veganism on plant-based cheese market
- Information about leading segments and lucrative regional pockets
- In-depth analysis of growth strategies adopted by market players to capitalize in the market
|
Attribute |
Details |
|
Forecast Period |
2022-2032 |
|
Historical Data Available for |
2017-2021 |
|
Market Analysis |
USD Million for Value and MT for Volume |
|
Report Coverage |
Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
|
Key Segments Covered |
|
|
Key regions covered |
|
|
Source |
|
|
Key Companies Covered |
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. |
|
Customization & Pricing |
Available upon Request |
Segments Covered in Plant-based Cheese Market Analysis
By Source:
- Oat Milk
- Rice Milk
- Corn Milk
- Soy-Milk
- Pea Milk
- Almond Milk
- Coconut Milk
- Cashew Milk
- Flax Milk
- Hemp Milk
- Other Milk Sources
By Distribution Channel:
- 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 Retail Formats
By Region:
- North America
- Latin America
- Europe
- Asia
- Oceania
- MEA
Frequently Asked Questions
Currently plant based cheese market is worth more than USD 1,530.2 Mn.
Plant based cheese market consumption is expected to grow at a CAGR of around 8.4% during the period 2022-2032.
In terms of revenue, plant based cheese market grew at a CAGR of around 6.8% during 2017-2021
The global plant based cheese market is forecasted to surpass USD 3,416.6 Mn by the end of 2032.
Daiya Foods Inc., The Gardener Cheese Company, Inc., Kite Hill, Miyoko’s Creamery, Field Roast Ltd are expected to be the top players driving the market growth.
Market players are focusing on new product launches, plant based cheese distribution channels, merger and acquisition strategies to remain a prominent player in the global market.
The Asia pacific, U.S., and Europe are the major countries driving demand for plant based cheese.
Europe holds around 31.4 % of the total plant based cheese revenue share.
U.S. plant based cheese market is projected to grow at a CAGR of around 26.8% over the next ten years.
1. Market Overview
1.1. Market Coverage / Taxonomy
1.2. Market Definition / Scope / Limitations
2. The Massive Impact of the Crisis
2.1. Global Plant Based Cheese Market Forecast Scenario Comparison of Annual Growth Rates for short Term (2022-2026) and Long Term (2027-2032)
2.1.1. Optimistic Scenario
2.1.1.1. China
2.1.1.2. US
2.1.1.3. India
2.1.1.4. Euro Zone
2.1.1.5. Asia Pacific
2.1.1.6. Rest of the World
2.1.2. Likely Scenario
2.1.2.1. China
2.1.2.2. US
2.1.2.3. India
2.1.2.4. Euro Zone
2.1.2.5. Asia Pacific
2.1.2.6. Rest of the World
2.1.3. Pessimistic Scenario
2.1.3.1. China
2.1.3.2. US
2.1.3.3. India
2.1.3.4. Euro Zone
2.1.3.5. Asia Pacific
2.1.3.6. Rest of the World
2.2. Key Factors Impacting the Market
2.3. Note: Market Assessment shall be Provided for Likely Scenario
3. Market Dynamics
3.1. Drivers
3.1.1. Supply Side Drivers
3.1.2. Demand Side drivers
3.1.3. Economic Side Drivers
3.2. Restraints
3.3. Opportunity
3.4. Market trends By Region
3.5. Product Launches
3.6. Product Claims & Nutritional Information Scan by Buyers
3.7. Macro-Economic Factors
3.8. Forecast Factors - Relevance & Impact
3.9. Consumers Survey Analysis
4. Key Regulations
4.1. Packaging & Labelling Regulations
4.2. Certifications and Certifying Agency Overview
4.3. Import/Export Policies
5. Global Plant Based Cheese Market Demand Analysis 2017-2021 and Forecast, 2022-2032
5.1. Historical Market Volume (Metric Tons) Analysis, 2017-2021
5.2. Current and Future Market Volume (Metric Tons) Projections, 2022-2032
5.3. Y-o-Y Growth Trend Analysis
6. Global Plant Based Cheese Market - Pricing Analysis
6.1. Regional Pricing Analysis (USD/Metric Tons) By Source (2017,2022,2032)
6.1.1. Oat Milk source
6.1.2. Rice Milk Source
6.1.3. Corn Milk Source
6.1.4. Soy Milk Source
6.1.5. Pea Milk Source
6.1.6. Almond Milk Source
6.1.7. Coconut Milk Source
6.1.8. Cashew Milk Source
6.1.9. Flax Milk Source
6.1.10. Hemp Milk Source
6.1.11. Other Milk Source
6.2. Pricing Break-up (2017,2022,2032)
6.2.1. Producer Level Pricing
6.2.2. Distributor Level Pricing
6.2.3. Retailer Level Pricing
6.3. Global Average Pricing Analysis Benchmark
7. Global Plant Based Cheese Market Demand (Size in USD Mn) Analysis 2017-2021 and Forecast, 2022-2032
7.1. Historical Market Value (USD Mn) Analysis, 2017-2021
7.2. Current and Future Market Value (USD Mn) Projections, 2022-2032
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Global Plant Based Cheese Market Analysis 2017-2021 and Forecast 2022-2032, By Source
8.1. Introduction / Key Findings
8.2. Historical Market Size (USD Mn) and Volume Analysis By Source, 2017 - 2021
8.3. Current and Future Market Size (USD Mn) and Volume Analysis and Forecast By Source, 2022-2032
8.3.1. Oat Milk source
8.3.2. Rice Milk Source
8.3.3. Corn Milk Source
8.3.4. Soy Milk Source
8.3.5. Pea Milk Source
8.3.6. Almond Milk Source
8.3.7. Coconut Milk Source
8.3.8. Cashew Milk Source
8.3.9. Flax Milk Source
8.3.10. Hemp Milk Source
8.3.11. Other Milk Source
8.4. Market Attractiveness Analysis By Source
9. Global Plant Based Cheese Market Analysis 2017-2021 and Forecast 2022-2032, By Distribution Channel
9.1. Introduction / Key Findings
9.2. Historical Market Size (USD Mn) and Volume Analysis By Distribution Channel, 2017 - 2021
9.3. Current and Future Market Size (USD Mn) and Volume Analysis and Forecast By Distribution Channel, 2022-2032
9.3.1. B2B
9.3.1.1. Hotels
9.3.1.2. Restaurants
9.3.1.3. Cafes
9.3.2. B2C
9.3.2.1. Hypermarkets/Supermarkets
9.3.2.2. Convenience Stores
9.3.2.3. Specialty Stores
9.3.2.4. Mom and Pop Stores
9.3.2.5. Discount Stores
9.3.2.6. Food & Drink Specialty Stores
9.3.2.7. Independent Small Groceries
9.3.2.8. Online Retail
9.3.2.9. Others Retail Formats
9.4. Market Attractiveness Analysis by Distribution Channel
10. Global Plant Based Cheese Market Analysis 2017-2021 and Forecast 2022-2032, By Region
10.1. Introduction
10.2. Historical Market Size (USD Mn) and Volume Analysis By Region, 2017 - 2021
10.3. Current Market Size (USD Mn) and Volume Analysis and Forecast By Region, 2022-2032
10.3.1. North America
10.3.2. EMEA (Europe, Middle East, and Africa)
10.3.3. Latin America
10.3.4. APAC (Asia Pacific)
10.4. Market Attractiveness Analysis By Region
11. North America Plant Based Cheese Market Analysis 2017-2021 and Forecast 2022-2032
11.1. Introduction
11.2. Pricing Analysis
11.3. Historical Market Size (USD Mn) and Volume Trend Analysis By Market Taxonomy, 2017 - 2021
11.4. Market Size (USD Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031
11.4.1. By Country
11.4.1.1. U.S.
11.4.1.2. Canada
11.4.1.3. Mexico
11.4.2. By Source
11.4.3. By Distribution Channel
11.5. Market Attractiveness Analysis
11.5.1. By Source
11.5.2. By Distribution Channel
11.6. Market Trends
11.7. Key Market Participants - Intensity Mapping
11.8. Drivers and Restraints - Impact Analysis
12. Latin America Plant Based Cheese Market Analysis 2017-2021 and Forecast 2022-2032
12.1. Introduction
12.2. Pricing Analysis
12.3. Historical Market Size (USD Mn) and Volume Trend Analysis By Market Taxonomy, 2017 - 2021
12.4. Market Size (USD Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031
12.4.1. By Country
12.4.1.1. Latin America
12.4.2. By Source
12.4.3. By Distribution Channel
12.5. Market Attractiveness Analysis
12.5.1. By Source
12.5.2. By Distribution Channel
12.6. Market Trends
12.7. Key Market Participants - Intensity Mapping
12.8. Drivers and Restraints - Impact Analysis
13. EMEA Plant Based Cheese Market Analysis 2017-2021 and Forecast 2022-2032
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (USD Mn) and Volume Trend Analysis By Market Taxonomy, 2017 - 2021
13.4. Market Size (USD Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031
13.4.1. By Country
13.4.1.1. Europe
13.4.1.2. Middle East
13.4.2. By Source
13.4.3. By Distribution Channel
13.5. Market Attractiveness Analysis
13.5.1. By Source
13.5.2. By Distribution Channel
13.6. Market Trends
13.7. Key Market Participants - Intensity Mapping
13.8. Drivers and Restraints - Impact Analysis
14. APAC Plant Based Cheese Market Analysis 2017-2021 and Forecast 2022-2032
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (USD Mn) and Volume Trend Analysis By Market Taxonomy, 2017 - 2021
14.4. Market Size (USD Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031
14.4.1. By Country
14.4.1.1. Greater China
14.4.1.2. South East Asia
14.4.1.3. Japan
14.4.1.4. South Korea
14.4.1.5. India
14.4.1.6. ANZ
14.4.2. By Source
14.4.3. By Distribution Channel
14.5. Market Attractiveness Analysis
14.5.1. By Source
14.5.2. By Distribution Channel
14.6. Market Trends
14.7. Key Market Participants - Intensity Mapping
14.8. Drivers and Restraints - Impact Analysis
15. Key Countries Plant Based Cheese Market Analysis 2017–2021 and Forecast 2022–2032
15.1. U.S.
15.1.1. Pricing Analysis (2017, 2022, 2032)
15.1.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032
15.1.2.1. By Source
15.1.2.2. By Distribution Channel
15.2. Canada
15.2.1. Pricing Analysis (2017, 2022, 2032)
15.2.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032
15.2.2.1. By Source
15.2.2.2. By Distribution Channel
15.3. Mexico
15.3.1. Pricing Analysis (2017, 2022, 2032)
15.3.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032
15.3.2.1. By Source
15.3.2.2. By Distribution Channel
15.4. Latin America
15.4.1. Pricing Analysis (2017, 2022, 2032)
15.4.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032
15.4.2.1. By Source
15.4.2.2. By Distribution Channel
15.5. Europe
15.5.1. Pricing Analysis (2017, 2022, 2032)
15.5.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032
15.5.2.1. By Source
15.5.2.2. By Distribution Channel
15.6. MEA
15.6.1. Pricing Analysis (2017, 2022, 2032)
15.6.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032
15.6.2.1. By Source
15.6.2.2. By Distribution Channel
15.7. Greater China
15.7.1. Pricing Analysis (2017, 2022, 2032)
15.7.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032
15.7.2.1. By Source
15.7.2.2. By Distribution Channel
15.8. South East Asia
15.8.1. Pricing Analysis (2017, 2022, 2032)
15.8.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032
15.8.2.1. By Source
15.8.2.2. By Distribution Channel
15.9. Japan
15.9.1. Pricing Analysis (2017, 2022, 2032)
15.9.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032
15.9.2.1. By Source
15.9.2.2. By Distribution Channel
15.10. South korea
15.10.1. Pricing Analysis (2017, 2022, 2032)
15.10.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032
15.10.2.1. By Source
15.10.2.2. By Application
15.10.2.3. By Form
15.11. India
15.11.1. Pricing Analysis (2017, 2022, 2032)
15.11.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032
15.11.2.1. By Source
15.11.2.2. By Application
15.11.2.3. By Form
15.11.2.4.
15.12. ANZ
15.12.1. Pricing Analysis (2017, 2022, 2032)
15.12.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032
15.12.2.1. By Source
15.12.2.2. By Application
15.12.2.3. By Form
16. Market Structure Analysis
16.1. Market Analysis by Tier of Companies
16.2. Company Share Analysis of Top Players
16.2.1. By Product Type
16.3. Market Presence Analysis
16.3.1. By Regional Footprint of Players
16.3.2. Product Footprint by Players
16.3.3. Channel Footprint by Players
17. Competition Analysis
17.1. Competition Dashboard
17.2. Competition Deep Dive (Tentative List)
17.2.1. Simply V
17.2.1.1. Overview
17.2.1.2. Product Portfolio
17.2.1.3. Profitability by Market Segments (Product/Channel/Region)
17.2.1.4. Sales Footprint
17.2.1.5. Strategy Overview
17.2.1.5.1. Marketing Strategy
17.2.1.5.2. Product Strategy
17.2.2. Danone S.A.
17.2.2.1. Overview
17.2.2.2. Product Portfolio
17.2.2.3. Profitability by Market Segments (Product/Channel/Region)
17.2.2.4. Sales Footprint
17.2.2.5. Strategy Overview
17.2.2.5.1. Marketing Strategy
17.2.2.5.2. Product Strategy
17.2.3. GreenSpace Brands
17.2.3.1. Overview
17.2.3.2. Product Portfolio
17.2.3.3. Profitability by Market Segments (Product/Channel/Region)
17.2.3.4. Sales Footprint
17.2.3.5. Strategy Overview
17.2.3.5.1. Marketing Strategy
17.2.3.5.2. Product Strategy
17.2.4. Kite Hill
17.2.4.1. Overview
17.2.4.2. Product Portfolio
17.2.4.3. Profitability by Market Segments (Product/Channel/Region)
17.2.4.4. Sales Footprint
17.2.4.5. Strategy Overview
17.2.4.5.1. Marketing Strategy
17.2.4.5.2. Product Strategy
17.2.5. WayFare Foods
17.2.5.1. Overview
17.2.5.2. Product Portfolio
17.2.5.3. Profitability by Market Segments (Product/Channel/Region)
17.2.5.4. Sales Footprint
17.2.5.5. Strategy Overview
17.2.5.5.1. Marketing Strategy
17.2.5.5.2. Product Strategy
17.2.6. Miyoko’s Creamery
17.2.6.1. Overview
17.2.6.2. Product Portfolio
17.2.6.3. Profitability by Market Segments (Product/Channel/Region)
17.2.6.4. Sales Footprint
17.2.6.5. Strategy Overview
17.2.6.5.1. Marketing Strategy
17.2.6.5.2. Product Strategy
17.2.7. Daiya Foods Inc.
17.2.7.1. Overview
17.2.7.2. Product Portfolio
17.2.7.3. Profitability by Market Segments (Product/Channel/Region)
17.2.7.4. Sales Footprint
17.2.7.5. Strategy Overview
17.2.7.5.1. Marketing Strategy
17.2.7.5.2. Product Strategy
17.2.8. Field Roast
17.2.8.1. Overview
17.2.8.2. Product Portfolio
17.2.8.3. Profitability by Market Segments (Product/Channel/Region)
17.2.8.4. Sales Footprint
17.2.8.5. Strategy Overview
17.2.8.5.1. Marketing Strategy
17.2.8.5.2. Product Strategy
17.2.9. Upfield
17.2.9.1. Overview
17.2.9.2. Product Portfolio
17.2.9.3. Profitability by Market Segments (Product/Channel/Region)
17.2.9.4. Sales Footprint
17.2.9.5. Strategy Overview
17.2.9.5.1. Marketing Strategy
17.2.9.5.2. Product Strategy
17.2.10. Bute Island Foods Ltd.
17.2.10.1. Overview
17.2.10.2. Product Portfolio
17.2.10.3. Profitability by Market Segments (Product/Channel/Region)
17.2.10.4. Sales Footprint
17.2.10.5. Strategy Overview
17.2.10.5.1. Marketing Strategy
17.2.10.5.2. Product Strategy
17.2.11. Puris Foods
17.2.11.1. Overview
17.2.11.2. Product Portfolio
17.2.11.3. Profitability by Market Segments (Product/Channel/Region)
17.2.11.4. Sales Footprint
17.2.11.5. Strategy Overview
17.2.11.5.1. Marketing Strategy
17.2.11.5.2. Product Strategy
17.2.12. Follow Your Heart
17.2.12.1. Overview
17.2.12.2. Product Portfolio
17.2.12.3. Profitability by Market Segments (Product/Channel/Region)
17.2.12.4. Sales Footprint
17.2.12.5. Strategy Overview
17.2.12.5.1. Marketing Strategy
17.2.12.5.2. Product Strategy
17.2.13. Other Players (On Additional Requests)
17.2.13.1. Overview
17.2.13.2. Product Portfolio
17.2.13.3. Profitability by Market Segments (Product/Channel/Region)
17.2.13.4. Sales Footprint
17.2.13.5. Strategy Overview
17.2.13.5.1. Marketing Strategy
17.2.13.5.2. Product Strategy
18. Value Chain Analysis
18.1. Operating margins at each node of supply chain
18.2. List of Active Market Participants
18.2.1. Product Manufacturers
18.2.2. Key Brands
19. Assumptions and Acronyms Used
20. Research Methodology
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Table 1: Global Plant Based Cheese Historical Market Value (US$ Mn) Analysis, by Source, 2017–2021
Table 2: Global Plant Based Cheese Market Value (US$ Mn) Forecast, by Source, 2022–2032
Table 3: Global Plant Based Cheese Historical Market Volume (MT) Analysis, by Source, 2017–2021
Table 4: Global Plant Based Cheese Market Volume (MT) Forecast, by Source, 2022–2032
Table 5: Global Plant Based Cheese Historical Market Value (US$ Mn) analysis, by Distribution Channel, 2017–2021
Table 6: Global Plant Based Cheese Historical Market Value (US$ Mn) analysis, by Distribution Channel, 2017–2021
Table 7: Global Plant Based Cheese Market Value (US$ Mn) forecast, by Distribution Channel, 2022–2032
Table 8: Global Plant Based Cheese Historical Market Value (US$ Mn) analysis, by Distribution Channel, 2022–2032
Table 9: Global Plant Based Cheese Historical Market Volume (MT) analysis, by Distribution Channel, 2017–2021
Table 10: Global Plant Based Cheese Historical Market Volume (MT) analysis, by Distribution Channel, 2017–2021
Table 11: Global Plant Based Cheese Market Volume (MT) forecast, by Distribution Channel, 2022–2032
Table 12: Global Plant Based Cheese Historical Market Volume (US$ Mn) analysis, by Distribution Channel, 2022–2032
Table 13: Global Plant Based Cheese Market Historical Market Value (US$ Mn) Analysis, by Region, 2017–2021
Table 14: Global Plant Based Cheese Market Historical Market Volume (MT) Analysis, by Region, 2017–2021
Table 15: Global Plant Based Cheese Market Value (US$ Mn)Forecast Analysis, by Region, 2022-2032
Table 16: Global Plant Based Cheese Market Volume (MT)Forecast Analysis, by Region, 2022-2032
Table 17: North America Plant Based Cheese Historical Market Value (US$ Mn) Analysis, by Source, 2017–2021
Table 18: North America Plant Based Cheese Market Value (US$ Mn) Forecast, by Source, 2022–2032
Table 19: North America Plant Based Cheese Historical Market Volume (MT) Analysis, by Source, 2017–2021
Table 20: North America Plant Based Cheese Market Volume (MT) Forecast, by Source, 2022–2032
Table 21: North America Plant Based Cheese Historical Market Value (US$ Mn) analysis, by Distribution Channel, 2017–2021
Table 22: North America Plant Based Cheese Historical Market Value (US$ Mn) analysis, by Distribution Channel, 2017–2021
Table 23: North America Plant Based Cheese Market Value (US$ Mn) forecast, by Distribution Channel, 2022–2032
Table 24: North America Plant Based Cheese Historical Market Value (US$ Mn) analysis, by Distribution Channel, 2022–2032
Table 25: North America Plant Based Cheese Historical Market Volume (MT) analysis, by Distribution Channel, 2017–2021
Table 26: North America Plant Based Cheese Historical Market Volume (MT) analysis, by Distribution Channel, 2017–2021
Table 27: North America Plant Based Cheese Market Volume (MT) forecast, by Distribution Channel, 2022–2032
Table 28: North America Plant Based Cheese Historical Market Volume (MT) analysis, by Distribution Channel, 2022–2032
Table 29: North America Plant Based Cheese Market Volume (MT) forecasted, by Distribution Channel, 2022-2032
Table 30: North America Plant Based Cheese Market Historical Market Value (US$ Mn) Analysis, by Country, 2017–2021
Table 31: North America Plant Based Cheese Market Historical Market Volume (MT) Analysis, by Country, 2017–2021
Table 32: North America Plant Based Cheese Market Value (US$ Mn) Forecast, by Country, 2022–2032
Table 33: North America Plant Based Cheese Market Volume (MT) Forecast, by Country, 2022–2032
Table 34: EMEA Plant Based Cheese Historical Market Value (US$ Mn) Analysis, by Source, 2017–2021
Table 35: EMEA Plant Based Cheese Market Value (US$ Mn) Forecast, by Source, 2022–2032
Table 36: EMEA Plant Based Cheese Historical Market Volume (MT) Analysis, by Source, 2017–2021
Table 37: EMEA Plant Based Cheese Market Volume (MT) Forecast, by Source, 2022–2032
Table 38: EMEA Plant Based Cheese Historical Market Value (US$ Mn) analysis, by Distribution Channel, 2017–2021
Table 39: EMEA Plant Based Cheese Historical Market Value (US$ Mn) analysis, by Distribution Channel, 2017–2021
Table 40: EMEA Plant Based Cheese Market Value (US$ Mn) forecast, by Distribution Channel, 2022–2032
Table 41: EMEA Plant Based Cheese Historical Market Value (US$ Mn) analysis, by Distribution Channel, 2022–2032
Table 42: EMEA Plant Based Cheese Historical Market Volume (MT) analysis, by Distribution Channel, 2017–2021
Table 43: EMEA Plant Based Cheese Historical Market Volume (MT) analysis, by Distribution Channel, 2017–2021
Table 44: EMEA Plant Based Cheese Market Volume (MT) forecast, by Distribution Channel, 2022–2032
Table 45: EMEA Plant Based Cheese Historical Market Volume (MT) analysis, by Distribution Channel, 2022–2032
Table 46: EMEA Plant Based Cheese Market Historical Market Value (US$ Mn) Analysis, by Country, 2017–2021
Table 47: EMEA Plant Based Cheese Market Historical Market Volume (MT) Analysis, by Country, 2017–2021
Table 48: EMEA Plant Based Cheese Market Value (US$ Mn) Forecast, by Country, 2022–2032
Table 49: EMEA Plant Based Cheese Market Volume (MT) Forecast, by Country, 2022–2032
Table 50: Latin America Plant Based Cheese Historical Market Value (US$ Mn) Analysis, by Source, 2017–2021
Table 51: Latin America Plant Based Cheese Market Value (US$ Mn) Forecast, by Source, 2022–2032
Table 52: Latin America Plant Based Cheese Historical Market Volume (MT) Analysis, by Source, 2017–2021
Table 53: Latin America Plant Based Cheese Market Volume (MT) Forecast, by Source, 2022–2032
Table 54: Latin America Plant Based Cheese Historical Market Value (US$ Mn) analysis, by Distribution Channel, 2017–2021
Table 55: Latin America Plant Based Cheese Historical Market Value (US$ Mn) analysis, by Distribution Channel, 2017–2021
Table 56: Latin America Plant Based Cheese Market Value (US$ Mn) forecast, by Distribution Channel, 2022–2032
Table 57: Latin America Plant Based Cheese Market Value (US$ Mn) analysis Forecast, by Distribution Channel, 2022–2032
Table 58: Latin America Plant Based Cheese Historical Market Volume (MT) analysis, by Distribution Channel, 2017–2021
Table 59: Latin America Plant Based Cheese Historical Market Volume (MT) analysis, by Distribution Channel, 2017–2021
Find your sweet spots for generating winning opportunities in this market.
Talk to AnalystFigure 1: Global Plant Based Cheese Market Size and Incremental $ Opportunity (US$ Mn), 2017-2032
Figure 2: Global Plant Based Cheese Market Value and Volume Analysis, 2022
Figure 3: Global Plant Based Cheese Market Value (US$ Mn) Scenario Forecast, 2022 & 2032
Figure 4: Global Plant Based Cheese Market Share and BPS Analysis by Source – 2022 & 2032
Figure 5: Global Plant Based Cheese Market Attractiveness Analysis by Source, 2022-2032
Figure 6: Global Plant Based Cheese Market, by Oat Milk Source, Value (US$ Mn), Volume (MT) and Forecast, 2017-2032
Figure 7: Global Plant Based Cheese Market by Oat Milk Source Incremental $ Opportunity, 2022-2032
Figure 8: Global Plant Based Cheese Market, by Rice Milk Source, Value (US$ Mn), Volume (MT) and Forecast, 2017-2032
Figure 9: Global Plant Based Cheese Market, by Rice milk Source Incremental $ Opportunity, 2022-2032
Figure 10: Global Plant Based Cheese Market, by Corn Milk Source, Value (US$ Mn), Volume (MT) and Forecast, 2017-2032
Figure 11: Global Plant Based Cheese Market, by Corn Milk Source Incremental $ Opportunity, 2022-2032
Figure 12: Global Plant Based Cheese Market, by Soy Milk Source, Value (US$ Mn), Volume (MT) and Forecast, 2017-2032
Figure 13: Global Plant Based Cheese Market by Soy Milk Source Incremental $ Opportunity, 2022-2032
Figure 14: Global Plant Based Cheese Market by Pea Milk Source, Value (US$ Mn), Volume (MT) and Forecast, 2017-2032
Figure 15: Global Plant Based Cheese Market by Pea Milk Source Incremental $ Opportunity, 2022-2032
Figure 16: Global Plant Based Cheese Market by Almond Milk Source Market Value (US$ Mn), Volume (MT) and Forecast, 2017-2032
Figure 17: Global Plant Based Cheese Market by Almond Milk Source Incremental $ Opportunity, 2022-2032
Figure 18: Global Plant Based Cheese Market by Coconut Milk Source, Value (US$ Mn), Volume (MT) and Forecast, 2017-2032
Figure 19: Global Plant Based Cheese Market by Coconut Milk Source Incremental $ Opportunity, 2022-2032
Figure 20: Global Plant Based Cheese Market by Cashew Milk Source Market Value (US$ Mn), Volume (MT) and Forecast, 2017-2032
Figure 21: Global Plant Based Cheese Market by Cashew Milk Source Incremental $ Opportunity, 2022-2032
Figure 22: Global Plant Based Cheese Market by Flax Milk Source, Value (US$ Mn), Volume (000’MT) and Forecast, 2017-2032
Figure 23: Global Plant Based Cheese Market by Flax Milk Source Incremental $ Opportunity, 2022-2032
Figure 24: Global Plant Based Cheese Market by Hemp Milk Source, Value (US$ Mn), Volume (MT) and Forecast, 2017-2032
Figure 25: Global Plant Based Cheese Market by Hemp Milk Source Incremental $ Opportunity, 2022-2032
Figure 26: Global Plant Based Cheese Market by Other(Nuts, Cassava) Source, Value (US$ Mn), Volume (MT) and Forecast, 2017-2032
Figure 27: Global Plant Based Cheese Market by Other(Nuts, Cassava) Source Oat milk Incremental $ Opportunity, 2022-2032
Figure 28: Global Plant Based Cheese Market Share and BPS Analysis by Distribution Channel– 2022 & 2032
Figure 29: Global Plant Based Cheese Market Attractiveness Analysis by Distribution Channel, 2022-2032
Figure 30: Global Plant Based Cheese Market Share and BPS Analysis by B2B Distribution Channel – 2022 & 2032
Figure 31: Global Plant Based Cheese Market Attractiveness Analysis by B2B Distribution Channel, 2022-2032
Figure 32: Global Plant Based Cheese Market by B2B Distribution Channel, Value (US$ Mn), Volume (MT) and Forecast, 2017-2032
Figure 33: Global Plant Based Cheese Market by B2B Distribution Channel Incremental $ Opportunity, 2022-2032
Figure 34: Global Plant Based Cheese Market Share and BPS Analysis by B2C Distribution Channel – 2022 & 2032
Figure 35: Global Plant Based Cheese Market Attractiveness Analysis by B2C Distribution Channel, 2022-2032
Figure 36: Global Plant Based Cheese Market by B2C Distribution Channel Value (US$ Mn), Volume (MT) and Forecast, 2017-2032
Figure 37: Global Plant Based Cheese Market by B2C Distribution Channel Incremental $ Opportunity, 2022-2032
Figure 38: Global Plant Based Cheese Market Value Share (%) and BPS Analysis by North America Region, 2015, 2022 & 2032
Figure 39: Global Plant Based Cheese Market Y-o-Y Growth (%) Projections by Segment, 2022-2032
Figure 40: North America Cheese Absolute $ Opportunity Analysis, 2022-2032
Figure 41: EMEA Cheese Absolute $ Opportunity Analysis, 2022-2032
Figure 42: Latin America Cheese Absolute $ Opportunity Analysis, 2022-2032
Figure 43: APAC Cheese Absolute $ Opportunity Analysis, 2022-2032
Figure 44: Global Plant Based Cheese Market Attractiveness Analysis, 2022-2032
Figure 45: North America Plant Based Cheese Market Value (US$ Mn), Volume (MT) Forecast and Analysis, 2022-2032
Figure 46: North America Plant Based Cheese Market Share and BPS Analysis by Country – 2022 & 2032
Figure 47: North America Plant Based Cheese Market Attractiveness Analysis by Country, 2022-2032
Figure 48: U.S. Plant Based Cheese Market Incremental $ Opportunity, 2022-2032
Figure 49: Canada Tube Less Plant Based Cheese Market Incremental $ Opportunity, 2022-2032
Figure 50: Mexico Plant Based Cheese Market Incremental $ Opportunity, 2022-2032
Figure 51: North America Plant Based Cheese Market Share and BPS Analysis by Source – 2022 & 2032
Figure 52: North America Plant Based Cheese Market Attractiveness Analysis by Source , 2022-2032
Figure 53: North America Plant Based Cheese Market Share and BPS Analysis by Distribution Channel – 2022 & 2032
Figure 54: North America Plant Based Cheese Market Attractiveness Analysis by Distribution Channel, 2022-2032
Figure 55: North America Plant Based Cheese Market Share and BPS Analysis by B2B Distribution Channel – 2022 & 2032
Figure 56: North America Plant Based Cheese Market Attractiveness Analysis by B2B Distribution Channel, 2022-2032
Figure 57: North America Plant Based Cheese Market Share and BPS Analysis by B2C Distribution Channel – 2022 & 2032
Figure 58: North America Plant Based Cheese Market Attractiveness Analysis by B2C Distribution Channel, 2022-2032
Figure 59: EMEA Plant Based Cheese Market Value (US$ Mn), Volume (MT) Forecast and Analysis, 2022-2032
Figure 60: EMEA Plant Based Cheese Market Share and BPS Analysis by Country – 2022 & 2032
Figure 61: EMEA Plant Based Cheese Market Attractiveness Analysis by Country, 2022-2032
Figure 62: Europe Plant Based Cheese Market Incremental $ Opportunity, 2022-2032
Figure 63: MEA Plant Based cheese Market Incremental $ Opportunity, 2022-2032
Figure 64: EMEA Plant Based Cheese Market Attractiveness Analysis by Source, 2022-2032
Figure 65: EMEA Plant Based Cheese Market Share and BPS Analysis by Distribution Channel – 2022 & 2032
Figure 66: EMEA Plant Based Cheese Market Attractiveness Analysis by Distribution Channel, 2022-2032
Figure 67: EMEA Plant Based Cheese Market Share and BPS Analysis by B2B Distribution Channel – 2022 & 2032
Figure 68: EMEA Plant Based Cheese Market Attractiveness Analysis by B2B Distribution Channel, 2022-2032
Figure 69: EMEA Plant Based Cheese Market Share and BPS Analysis by B2C Distribution Channel – 2022 & 2032
Figure 70: EMEA Plant Based Cheese Market Attractiveness Analysis by B2C Distribution Channel, 2022-2032
Figure 71: Latin America Plant Based Cheese Market Value (US$ Mn), Volume (MT) Forecast and Analysis, 2022-2032
Figure 72: Latin America Plant Based Cheese Market Share and BPS Analysis by Source – 2022 & 2032
Figure 73: Latin America Plant Based Cheese Market Attractiveness Analysis by Source, 2022-2032
Figure 74: Latin America Plant Based Cheese Market Share and BPS Analysis by Distribution Channel – 2022 & 2032
Figure 75: Latin America Plant Based Cheese Market Attractiveness Analysis by Distribution Channel, 2022-2032
Figure 76: Latin America Plant Based Cheese Market Share and BPS Analysis by B2B Distribution Channel – 2022 & 2032
Figure 77: Latin America Plant Based Cheese Market Attractiveness Analysis by B2B Distribution Channel, 2022-2032
Figure 78: Latin America Plant Based Cheese Market Share and BPS Analysis by B2C Distribution Channel – 2022 & 2032
Figure 79: Latin America Plant Based Cheese Market Attractiveness Analysis by B2C Distribution Channel, 2022-2032
Figure 80: APAC Plant Based Cheese Market Value (US$ Mn), Volume (MT) Forecast and Analysis, 2019-2029
Figure 81: APAC Plant Based Cheese Market Share and BPS Analysis by Country – 2022 & 2032
Figure 82: APAC Plant Based Cheese Market Attractiveness Analysis by Country, 2022-2032
Figure 83: Greater China Plant Based Cheese Market Incremental $ Opportunity, 2022-2032
Figure 84: South East Asia Plant Based Cheese Market Incremental $ Opportunity, 2022-2032
Figure 85: Japan Plant Based Cheese Market Incremental $ Opportunity, 2022-2032
Figure 86: South Korea Plant Based Cheese Market Incremental $ Opportunity, 2022-2032
Figure 87: India Plant Based Cheese Market Incremental $ Opportunity, 2022-2032
Figure 88: ANZ Plant Based Cheese Market Incremental $ Opportunity, 2022-2032
Figure 89: APAC Plant Based Cheese Market Share and BPS Analysis by Source – 2022 & 2032
Figure 90: APAC Plant Based Cheese Market Attractiveness Analysis by Source, 2022-2032
Figure 91: APAC America Plant Based Cheese Market Share and BPS Analysis by Distribution Channel – 2022 & 2032
Figure 92: APAC Plant Based Cheese Market Attractiveness Analysis by Distribution Channel, 2022-2032
Figure 93: APAC Plant Based Cheese Market Share and BPS Analysis by B2B Distribution Channel – 2022 & 2032
Figure 94: APAC Plant Based Cheese Market Attractiveness Analysis by B2B Distribution Channel, 2022-2032
Figure 95: APAC Plant Based Cheese Market Share and BPS Analysis by B2C Distribution Channel– 2022 & 2032
Figure 96: APAC Plant Based Cheese Market Attractiveness Analysis by B2C Distribution Channel, 2022-2032
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