LONDON--(BUSINESS WIRE)--The global vegan cheese market is poised to grow by USD 1.11 billion during 2019-2023, progressing at a CAGR of almost 8% during the forecast period. Request Free Sample Pages
Read the 128-page research report with TOC on "Vegan Cheese Market Analysis Report by Source (Soy milk, Almond milk, Rice milk, and Other milk alternatives), by Geography (APAC, Europe, MEA, North America, and South America), and Segment Forecasts, 2019 - 2023".
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The increase in the number of organized retailing outlets across the world and rising focus of companies towards strengthening their supply chain and expanding production capabilities are anticipated to boost the growth of the market.
The organized retailing sector is witnessing an expansion due to the increasing number of specialty stores, supermarkets, hypermarkets, and convenience stores. Fresh and ready-to-consume packaged vegan food and beverages such as plant-based vegan cheese and milk alternatives are primarily sold by large organized retailers. The increase in the number of organized retailing outlets has made it easier for new entrants to find a suitable distribution channel to sell and increase the market visibility of their vegan cheese products. Thus, the increase in the number of organized retailing outlets across the world is expected to drive market growth during the forecast period.
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Major Five Vegan Cheese Market Companies:
Bute Island Foods Ltd
Bute Island Foods Ltd is headquartered in the UK and operates the business under various segments such as Sheese Blocks, Creamy Sheese, Sheese Wedges, Grated Sheese, and Sheese Slices. The company offers a wide range of dairy-free cheeses under the brand Sheese.
Gardener Cheese Company
Gardener Cheese Company is headquartered in the US and offers products through the following business units: Soft French-Style Nut Cheeses and Aged Nut Cheeses. The company offers a wide range of vegan cheese under its brand Treeline Treenut Cheese.
GreenSpace Brands
GreenSpace Brands is headquartered in Canada and operates under various business segments, namely Life Choices Business, Love Child Business, Central Roast Business, Nothing But Nature Business, Cold Press Corp. Business, Galaxy Nutritional Foods Business, and Meatbar Business. The company offers a wide range of vegan cheese under its brand GO VEGGIE.
Otsuka Holdings Co., Ltd.
Otsuka Holdings Co., Ltd. is headquartered in Japan and offers products through the following business segments: pharmaceutical business, nutraceutical business, consumer products business, and other business. The company offers a wide range of vegan cheese-based products under the brand Daiya.
Violife
Violife is headquartered in Greece and offers products through the following business segments: slices, blocks, grated, creamy, specials, and organic. The company offers a wide range of vegan cheese-based products.
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Vegan Cheese Source Outlook (Revenue, USD Million, 2019 - 2023)
- Soy milk
- Almond milk
- Rice milk
- Other milk alternatives
Vegan Cheese Regional Outlook (Revenue, USD Million, 2019 - 2023)
- APAC
- Europe
- MEA
- North America
- South America
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