Global Plant-based Cheese Market Size study, by Source (Soy milk, Almond milk, Coconut milk, Rice milk), by Application (Snacks, Dips & Sauces, Bakery & Confectionery), by Product type (Mozzarella, Parmesan, Cheddar, Cream Cheese) by Buyer type (Household, HORECA, Food Processing) and Regional Forecasts 2020-2027
- Report Code : BIZ2287712
- Published On: Feb, 2021
- Category : Food & Beverages
- Pages : 200
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Global Plant-based Cheese Market is valued approximately USD 1.01 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 12.8 % over the forecast period 2020-2027. Plant-based Cheese or vegan cheese were made from soy flour, margarine, and yeast extract. With harder margarine, this can produce a hard vegan cheese that can be sliced; softer margarine produces a softer, spreadable cheese. Plant based cheese is a comeback of fat-free protein, vegetables beneficial for health and anti-oxidant rich green juices. Vegan diet not only excludes animal flesh, but also dairy, eggs and animal-derived ingredients. The common types of vegan cheese are Mozzarella, Parmesan, Cheddar, Gouda, and Cream Cheese non-dairy based cheeses. These vegan cheeses are consumed in grocery stores, restaurant, vegan school meals, bakeries, and in homes. Vegan cheeses are expected to grow and diversify into the mid-2020s. According to the Plant Based Food Association, the US market for plant-based foods is anticipated to reach $4 billion in sales by 2024. Vegan cheese can replace any recipe with dairy counterparts in all ways because of that there is increase in vegan population. According to “Animals deserve absolute protection today and tomorrow”(ADAPTT), 6% of U.S. consumers say they are vegan, Approximate 1.16% of the Great Britain population (600,000 people) reported being vegan in 2018, U.S. retail sales of plant-based foods have rise11% from 2018 to 2019, hitting a plant-based market value to $4.5 billion. Changing opinion of consumer plays major role in driving the growth of plant based cheese market. However, High cost and affordable price of substitutes impedes the growth of the market over the forecast period of 2020-2027. Also, the plant based cheese market lie with snacks based products that bring a prime opportunity for plant-based which consist dairy-free, and gluten-free, such as beans, seaweed, chickpeas and others.
The regional analysis of global Plant-based Cheese market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the high purchasing power of the consumers allows them to spend on premium food products, such as plant-based cheese. Germany and the U.K. are the major markets of the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as region increased health awareness and extensive research and development programs to increased health awareness that will fuel the market growth in the coming years would create lucrative growth prospects for the plant-based cheese Market across Asia-Pacific region would create lucrative growth prospects for the Plant-based Cheese market across Asia-Pacific region.
Major market player included in this report are:
The Plant based Cheeses Co.
Glanbia, Plc
Paleo Baking Company
Epic Provisions
Paleo Braaap, LLC
PRIMAL PACS
Black Bear GmbH
Blue Mountain Organics
Back Roads Food Company
Plant based Cheese Prodotti Per La Dieta Paleo
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Source:
Soy milk
Almond milk
Coconut milk
Rice milk
By Application:
Snacks
Dips & Sauces
Bakery & Confectionery
By Product Type:
Mozzarella
Parmesan
Cheddar
Cream Cheese
By Buyer Type:
Household
HORECA
Food Processing
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Plant-based Cheese Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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With tables and figures helping analyze worldwide Global Plant based Cheese market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Plant-based Cheese Market, by Region, 2018-2027 (USD Billion)
1.2.2. Plant-based Cheese Market, by Source, 2018-2027 (USD Billion)
1.2.3. Plant-based Cheese Market, by Application, 2018-2027 (USD Billion)
1.2.4. Plant-based Cheese Market, by Product Type, 2018-2027 (USD Billion)
1.2.5. Plant-based Cheese Market, by Buyer Type, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Plant-based Cheese Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Plant-based Cheese Market Dynamics
3.1. Plant-based Cheese Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Plant-based Cheese Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Plant-based Cheese Market, by Source
5.1. Market Snapshot
5.2. Global Plant-based Cheese Market by Source, Performance - Potential Analysis
5.3. Global Plant-based Cheese Market Estimates & Forecasts by Source 2017-2027 (USD Billion)
5.4. Plant-based Cheese Market, Sub Segment Analysis
5.4.1. Soy milk
5.4.2. Almond milk
5.4.3. Coconut milk
5.4.4. Rice milk
Chapter 6. Global Plant-based Cheese Market, by Application
6.1. Market Snapshot
6.2. Global Plant-based Cheese Market by Application, Performance - Potential Analysis
6.3. Global Plant-based Cheese Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. Plant-based Cheese Market, Sub Segment Analysis
6.4.1. Snacks
6.4.2. Dips & Sauces
6.4.3. Bakery & Confectionery
Chapter 7. Global Plant-based Cheese Market, by Product Type
7.1. Market Snapshot
7.2. Global Plant-based Cheese Market by Product Type, Performance - Potential Analysis
7.3. Global Plant-based Cheese Market Estimates & Forecasts by Product Type 2017-2027 (USD Billion)
7.4. Plant-based Cheese Market, Sub Segment Analysis
7.4.1. Mozzarella
7.4.2. Parmesan
7.4.3. Cheddar
7.4.4. Cream Cheese
Chapter 8. Global Plant-based Cheese Market, by Farm Source
8.1. Market Snapshot
8.2. Global Plant-based Cheese Market by Buyer Type, Performance - Potential Analysis
8.3. Global Plant-based Cheese Market Estimates & Forecasts by Buyer Type 2017-2027 (USD Billion)
8.4. Plant-based Cheese Market, Sub Segment Analysis
8.4.1. Household
8.4.2. HORECA
8.4.3. Food Processing
Chapter 9. Global Plant-based Cheese Market, Regional Analysis
9.1. Plant-based Cheese Market, Regional Market Snapshot
9.2. North America Plant-based Cheese Market
9.2.1. U.S. Plant-based Cheese Market
9.2.1.1. Source breakdown estimates & forecasts, 2017-2027
9.2.1.2. Application breakdown estimates & forecasts, 2017-2027
9.2.1.3. Product Type breakdown estimates & forecasts, 2017-2027
9.2.1.4. Buyer Type breakdown estimates & forecasts, 2017-2027
9.2.2. Canada Plant-based Cheese Market
9.3. Europe Plant-based Cheese Market Snapshot
9.3.1. U.K. Plant-based Cheese Market
9.3.2. Germany Plant-based Cheese Market
9.3.3. France Plant-based Cheese Market
9.3.4. Spain Plant-based Cheese Market
9.3.5. Italy Plant-based Cheese Market
9.3.6. Rest of Europe Plant-based Cheese Market
9.4. Asia-Pacific Plant-based Cheese Market Snapshot
9.4.1. China Plant-based Cheese Market
9.4.2. India Plant-based Cheese Market
9.4.3. Japan Plant-based Cheese Market
9.4.4. Australia Plant-based Cheese Market
9.4.5. South Korea Plant-based Cheese Market
9.4.6. Rest of Asia Pacific Plant-based Cheese Market
9.5. Latin America Plant-based Cheese Market Snapshot
9.5.1. Brazil Plant-based Cheese Market
9.5.2. Mexico Plant-based Cheese Market
9.6. Rest of The World Plant-based Cheese Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. The Plant based Cheeses Co.
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Glanbia, Plc
10.2.3. Paleo Baking Company
10.2.4. Epic Provisions
10.2.5. Paleo Braaap, LLC
10.2.6. PRIMAL PACS
10.2.7. Black Bear GmbH
10.2.8. Blue Mountain Organics
10.2.9. Back Roads Food Company
10.2.10. Plant based Cheese Prodotti Per La Dieta Paleo
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
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The Global Plant based Cheese Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.
Report Objectives / Segmentation Covered :
By Companies / players:
By Regions:
By Type:
By Application:
Frequently asked questions(FAQ's):
Global Plant based Cheese has a wide range of applications, including
From 2025 to 2030, the Global Plant based Cheese Market is expected to grow at a compound annual growth rate of YY%, reaching a value of USD XXX Million.
The influx of capital into the Global Plant based Cheese Market, as well as the deployment of technologies designed to increase efficiency and yield high volume, are paving the way for promising market opportunities.
The latest version of the Global Plant based Cheese Market study includes a market size breakdown by relevant business segments, applications, and geography, as well as qualitative insights such as Patent Analysis*, Market Entropy, Key Development Activities, Market Dynamics, PEST and PORTER models, and more.
