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From 2022 to 2030, the worldwide market for vegan cheese is projected to expand from its current valuation of USD 2.48 billion at a CAGR (compound annual growth rate) of 13.6%. Veganism's rising popularity, especially among young people, has contributed to the industry's expansion. Veganism has been on the rise as people become more conscious of the dairy industry's inhumane treatment of animals and harmful effects on the environment.
The demand for animal-free alternatives has led to a booming market for vegan cheese in Japan. Vegan cheese is a dairy- and animal-free substitute to regular cheese that many vegans and lactose-intolerant people prefer. The rising demand for vegan cheese in Japan can be attributed in large part to the rising awareness of the negative effects of animal agriculture on the environment and the rising interest in sustainable food alternatives. The availability of vegan cheese products in grocery stores and specialised shops, as well as the increasing number of vegan and vegetarian restaurants, have all contributed to the expansion of this sector. Japanese food manufacturers have also seen the opportunity in producing vegan cheese, and they've started working on new, high-quality plant-based alternatives. These items are a cruelty-free and cholesterol-free alternative to regular cheese that are crafted to have the same flavour, texture, and melting capabilities.
This study breaks down the global market for vegan cheese into its component parts, including segment-specific revenue growth projections and in-depth trend analysis. The paper examines the factors driving, restraining, and otherwise impacting the vegan cheese market. The competitive landscape has been drawn taking into account the most up-to-date market changes and strategic moves, such as expansion, product launch and development, collaboration, merger, and acquisition. Each subsegment of the vegan cheese market is broken down, and the report's authors identify and characterise the leading competitors in each.
Influential Elements
An increasing number of vegan and vegetarian restaurants and shops have opened in Japan in recent years. They can achieve their health goals and follow their diet choices by eating vegan cheese, which does not contain any dairy or cholesterol. It's a great substitute for cheese because it contains all the same beneficial minerals and protein without the dangers of dairy products. Japanese food manufacturers have seen a need in the market for vegan cheese alternatives and are working hard to fill it with new and exciting products. Research and development funds are being allocated to enhance the sensory qualities of plant-based cheeses, such as their meltability and overall flavour profile. Constant improvements to existing products have increased variety and attracted new buyers to the market.
Factors That Hold It Back
There is a strong emphasis on seafood, meat, and dairy in traditional Japanese cooking. Japanese cuisine is heavily rooted in tradition, especially meals like sushi, ramen, and dairy-based sweets. Vegan cheese may never become as popular as regular cheese because of people's preference for more conventional fare. Convincing people to make dietary changes that go against their cultural norms, such as eating more plant-based foods, can be challenging.
Vegan mozzarella, vegan parmesan, vegan cheddar, and other varieties all represent distinct segments of the cheese business. The vegan cheese market as a whole is anticipated to expand, but the mozzarella subsegment more than any other throughout the forecast period. Mozzarella is a popular vegan cheese in Japan due to its mild flavour and creamy consistency. It's a common topping for pizzas, pastas, and appetisers of all kinds. Vegan mozzarella typically utilises cashews, almonds, or soy as its plant-based foundation. Because it tastes and feels so much like regular mozzarella, it's a hit among people who can't eat dairy. Soy milk, almond milk, coconut milk, and other plant-based milks make up different segments of the vegan cheese industry. The market for vegan cheese as a whole is anticipated to expand, with soy milk products leading the way. Made from soybeans, soy milk is a popular dairy-free option. It has been a staple food in Japan for centuries, and now comes in countless varieties. Soy milk is a popular dairy alternative that may be utilised in a variety of ways. Its smooth consistency and subtle flavour make it a favourite among many shoppers.
Report Coverage
Global Vegan Cheese research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Vegan Cheese report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Vegan Cheese competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Vegan Cheese market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Vegan Cheese market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Vegan Cheese market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Nush Foods (U.S.), Daiya Foods Inc. (Canada), Gardners Wisconsin Cheese and Sausage (U.S.), Ausnutria Dairy Corporation Ltd. (China), AVH Dairy Trade B.V (Netherlands), Plant-Based Partners (U.S), Granarolo S.p.A. (Italy), Meyenberg (U.S), Redwood Hill Farm & Creamery (U.S), St Helen's Farm Ltd (U.S), Stickney Hill Dairy Inc (U.S), Woolwich Dairy Inc (U.S), Xi'an Baiyue Plant-Based Dairy Group Co. Ltd (China), Kite Hill (U.S.), Parmela Creamery (U.S.), Uhrenholt A/S (Denmark), Reine LLC (U.S.)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Vegan Cheese market based on the below-mentioned segments:
Global Vegan Cheese Market, By Product Type
Mozzarella
Parmesan
Cheddar
Others
Global Vegan Cheese market, By Source
Soy Milk
Almond Milk
Coconut Milk
Others
Global Vegan Cheese Market, By Distribution Channel
Online
Offline
Global Vegan Cheese market, Regional Analysis
The demand for animal-free alternatives has led to a booming market for vegan cheese in Japan. Vegan cheese is a dairy- and animal-free substitute to regular cheese that many vegans and lactose-intolerant people prefer. The rising demand for vegan cheese in Japan can be attributed in large part to the rising awareness of the negative effects of animal agriculture on the environment and the rising interest in sustainable food alternatives. The availability of vegan cheese products in grocery stores and specialised shops, as well as the increasing number of vegan and vegetarian restaurants, have all contributed to the expansion of this sector. Japanese food manufacturers have also seen the opportunity in producing vegan cheese, and they've started working on new, high-quality plant-based alternatives. These items are a cruelty-free and cholesterol-free alternative to regular cheese that are crafted to have the same flavour, texture, and melting capabilities.
This study breaks down the global market for vegan cheese into its component parts, including segment-specific revenue growth projections and in-depth trend analysis. The paper examines the factors driving, restraining, and otherwise impacting the vegan cheese market. The competitive landscape has been drawn taking into account the most up-to-date market changes and strategic moves, such as expansion, product launch and development, collaboration, merger, and acquisition. Each subsegment of the vegan cheese market is broken down, and the report's authors identify and characterise the leading competitors in each.
Influential Elements
An increasing number of vegan and vegetarian restaurants and shops have opened in Japan in recent years. They can achieve their health goals and follow their diet choices by eating vegan cheese, which does not contain any dairy or cholesterol. It's a great substitute for cheese because it contains all the same beneficial minerals and protein without the dangers of dairy products. Japanese food manufacturers have seen a need in the market for vegan cheese alternatives and are working hard to fill it with new and exciting products. Research and development funds are being allocated to enhance the sensory qualities of plant-based cheeses, such as their meltability and overall flavour profile. Constant improvements to existing products have increased variety and attracted new buyers to the market.
Factors That Hold It Back
There is a strong emphasis on seafood, meat, and dairy in traditional Japanese cooking. Japanese cuisine is heavily rooted in tradition, especially meals like sushi, ramen, and dairy-based sweets. Vegan cheese may never become as popular as regular cheese because of people's preference for more conventional fare. Convincing people to make dietary changes that go against their cultural norms, such as eating more plant-based foods, can be challenging.
Vegan mozzarella, vegan parmesan, vegan cheddar, and other varieties all represent distinct segments of the cheese business. The vegan cheese market as a whole is anticipated to expand, but the mozzarella subsegment more than any other throughout the forecast period. Mozzarella is a popular vegan cheese in Japan due to its mild flavour and creamy consistency. It's a common topping for pizzas, pastas, and appetisers of all kinds. Vegan mozzarella typically utilises cashews, almonds, or soy as its plant-based foundation. Because it tastes and feels so much like regular mozzarella, it's a hit among people who can't eat dairy. Soy milk, almond milk, coconut milk, and other plant-based milks make up different segments of the vegan cheese industry. The market for vegan cheese as a whole is anticipated to expand, with soy milk products leading the way. Made from soybeans, soy milk is a popular dairy-free option. It has been a staple food in Japan for centuries, and now comes in countless varieties. Soy milk is a popular dairy alternative that may be utilised in a variety of ways. Its smooth consistency and subtle flavour make it a favourite among many shoppers.
Report Coverage
Global Vegan Cheese research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Vegan Cheese report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Vegan Cheese competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Vegan Cheese market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Nush Foods (U.S.), Daiya Foods Inc. (Canada), Gardners Wisconsin Cheese and Sausage (U.S.), Ausnutria Dairy Corporation Ltd. (China), AVH Dairy Trade B.V (Netherlands), Plant-Based Partners (U.S), Granarolo S.p.A. (Italy), Meyenberg (U.S), Redwood Hill Farm & Creamery (U.S), St Helen's Farm Ltd (U.S), Stickney Hill Dairy Inc (U.S), Woolwich Dairy Inc (U.S), Xi'an Baiyue Plant-Based Dairy Group Co. Ltd (China), Kite Hill (U.S.), Parmela Creamery (U.S.), Uhrenholt A/S (Denmark), Reine LLC (U.S.) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Vegan Cheese Market from 2021 to 2030.
- Market Forecast for Vegan Cheese Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Vegan Cheese competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Vegan Cheese
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Vegan Cheese market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Vegan Cheese market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Nush Foods (U.S.), Daiya Foods Inc. (Canada), Gardners Wisconsin Cheese and Sausage (U.S.), Ausnutria Dairy Corporation Ltd. (China), AVH Dairy Trade B.V (Netherlands), Plant-Based Partners (U.S), Granarolo S.p.A. (Italy), Meyenberg (U.S), Redwood Hill Farm & Creamery (U.S), St Helen's Farm Ltd (U.S), Stickney Hill Dairy Inc (U.S), Woolwich Dairy Inc (U.S), Xi'an Baiyue Plant-Based Dairy Group Co. Ltd (China), Kite Hill (U.S.), Parmela Creamery (U.S.), Uhrenholt A/S (Denmark), Reine LLC (U.S.)
Primary Target Market
- Market Players of Vegan Cheese
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Vegan Cheese market based on the below-mentioned segments:
Global Vegan Cheese Market, By Product Type
Mozzarella
Parmesan
Cheddar
Others
Global Vegan Cheese market, By Source
Soy Milk
Almond Milk
Coconut Milk
Others
Global Vegan Cheese Market, By Distribution Channel
Online
Offline
Global Vegan Cheese market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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