Global Vegan Cheese Market 2024-2028

The vegan cheese market is forecasted to grow by USD 1.32 bn during 2023-2028, accelerating at a CAGR of 8.3% during the forecast period. The report on the vegan cheese market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing number of organized outlets, increasing awareness of lactose intolerance conditions, and growing awareness of animal welfare issues.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.3%
CAGR	8.3%
Incremental Value	$1.32bn

Technavio's vegan cheese market is segmented as below:

By Distribution Channel

Offline
Online

By Source

Soy milk
Almond milk
Rice milk
Others

By Geographical Landscape

Europe
North America
APAC
South America
Middle East and Africa

This study identifies the increasing demand for vegan cheese as one of the prime reasons driving the vegan cheese market growth during the next few years. Also, the emergence of sustainable packaging and growing innovative and premium products will lead to sizable demand in the market.

The report on the vegan cheese market covers the following areas:

Vegan cheese market sizing
Vegan cheese market forecast
Vegan cheese market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vegan cheese market vendors include Back2basics, Chicago Vegan Foods, Dairy Free Down Under, Danone SA, First Grade International Ltd., Franklin Foods Inc., Good Carma, I AM NUT OK, Kite Hill, Maple Leaf Foods Inc., Miyokos Creamery, Nush foods, OmniVegan Pvt. Ltd., Parmela Creamery, Saputo Inc., Tofutti Brands Inc., Treeline Cheese, Tyne Chease Ltd., Upfield BV, and Vromage. Also, the vegan cheese market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR41491

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Market Segmentation by Source
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global vegan cheese market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global vegan cheese market 2018 - 2022 ($ billion)
4.2 Distribution Channel Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
4.3 Source Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Source Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Distribution Channel

6.1 Market segments
Exhibit 30: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibit 31: Data Table on Distribution Channel - Market share 2023-2028 (%)
6.2 Comparison by Distribution Channel
Exhibit 32: Chart on Comparison by Distribution Channel
Exhibit 33: Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
Exhibit 34: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Offline - Year-over-year growth 2023-2028 (%)
6.4 Online - Market size and forecast 2023-2028
Exhibit 38: Chart on Online - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Online - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Distribution Channel
Exhibit 42: Market opportunity by Distribution Channel ($ billion)
Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ billion)

7 Market Segmentation by Source

7.1 Market segments
Exhibit 44: Chart on Source - Market share 2023-2028 (%)
Exhibit 45: Data Table on Source - Market share 2023-2028 (%)
7.2 Comparison by Source
Exhibit 46: Chart on Comparison by Source
Exhibit 47: Data Table on Comparison by Source
7.3 Soy milk - Market size and forecast 2023-2028
Exhibit 48: Chart on Soy milk - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Soy milk - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Soy milk - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Soy milk - Year-over-year growth 2023-2028 (%)
7.4 Almond milk - Market size and forecast 2023-2028
Exhibit 52: Chart on Almond milk - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Almond milk - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Almond milk - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Almond milk - Year-over-year growth 2023-2028 (%)
7.5 Rice milk - Market size and forecast 2023-2028
Exhibit 56: Chart on Rice milk - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Rice milk - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Rice milk - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Rice milk - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Source
Exhibit 64: Market opportunity by Source ($ billion)
Exhibit 65: Data Table on Market opportunity by Source ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2023-2028
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 UK - Market size and forecast 2023-2028
Exhibit 95: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.10 Australia - Market size and forecast 2023-2028
Exhibit 99: Chart on Australia - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Australia - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Australia - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Australia - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 Canada - Market size and forecast 2023-2028
Exhibit 107: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ billion)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Back2basics
Exhibit 119: Back2basics - Overview
Exhibit 120: Back2basics - Product / Service
Exhibit 121: Back2basics - Key offerings
12.4 Chicago Vegan Foods
Exhibit 122: Chicago Vegan Foods - Overview
Exhibit 123: Chicago Vegan Foods - Product / Service
Exhibit 124: Chicago Vegan Foods - Key offerings
12.5 Dairy Free Down Under
Exhibit 125: Dairy Free Down Under - Overview
Exhibit 126: Dairy Free Down Under - Product / Service
Exhibit 127: Dairy Free Down Under - Key offerings
12.6 First Grade International Ltd.
Exhibit 128: First Grade International Ltd. - Overview
Exhibit 129: First Grade International Ltd. - Product / Service
Exhibit 130: First Grade International Ltd. - Key offerings
12.7 Franklin Foods Inc.
Exhibit 131: Franklin Foods Inc. - Overview
Exhibit 132: Franklin Foods Inc. - Product / Service
Exhibit 133: Franklin Foods Inc. - Key offerings
12.8 Good Carma
Exhibit 134: Good Carma - Overview
Exhibit 135: Good Carma - Product / Service
Exhibit 136: Good Carma - Key offerings
12.9 Kite Hill
Exhibit 137: Kite Hill - Overview
Exhibit 138: Kite Hill - Product / Service
Exhibit 139: Kite Hill - Key offerings
12.10 Maple Leaf Foods Inc.
Exhibit 140: Maple Leaf Foods Inc. - Overview
Exhibit 141: Maple Leaf Foods Inc. - Business segments
Exhibit 142: Maple Leaf Foods Inc. - Key offerings
Exhibit 143: Maple Leaf Foods Inc. - Segment focus
12.11 Miyokos Creamery
Exhibit 144: Miyokos Creamery - Overview
Exhibit 145: Miyokos Creamery - Product / Service
Exhibit 146: Miyokos Creamery - Key offerings
12.12 Nush foods
Exhibit 147: Nush foods - Overview
Exhibit 148: Nush foods - Product / Service
Exhibit 149: Nush foods - Key offerings
12.13 OmniVegan Pvt. Ltd.
Exhibit 150: OmniVegan Pvt. Ltd. - Overview
Exhibit 151: OmniVegan Pvt. Ltd. - Product / Service
Exhibit 152: OmniVegan Pvt. Ltd. - Key offerings
12.14 Saputo Inc.
Exhibit 153: Saputo Inc. - Overview
Exhibit 154: Saputo Inc. - Business segments
Exhibit 155: Saputo Inc. - Key news
Exhibit 156: Saputo Inc. - Key offerings
Exhibit 157: Saputo Inc. - Segment focus
12.15 Tofutti Brands Inc.
Exhibit 158: Tofutti Brands Inc. - Overview
Exhibit 159: Tofutti Brands Inc. - Product / Service
Exhibit 160: Tofutti Brands Inc. - Key offerings
12.16 Treeline Cheese
Exhibit 161: Treeline Cheese - Overview
Exhibit 162: Treeline Cheese - Product / Service
Exhibit 163: Treeline Cheese - Key offerings
12.17 Upfield BV
Exhibit 164: Upfield BV - Overview
Exhibit 165: Upfield BV - Product / Service
Exhibit 166: Upfield BV - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 167: Inclusions checklist
Exhibit 168: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 169: Currency conversion rates for US$
13.4 Research methodology
Exhibit 170: Research methodology
Exhibit 171: Validation techniques employed for market sizing
Exhibit 172: Information sources
13.5 List of abbreviations
Exhibit 173: List of abbreviations