Vegan Cheese Market Size and Trend Analysis by Region, Type, Source (Almond, Cashew, Coconut, Soy) and Segment Forecast to 2030 (2024)

Fig 1: Top Vegan Cheese Country Markets, 2023 Vs 2030

Fig 2: Market Snapshot

Fig 3: Global Vegan Cheese CAGR by Type, 2024-2030

Fig 4: Global Vegan Cheese Market by Source, 2023 ($ Million)

Fig 5: Vegan Cheese Brands Prevalent in Key Countries

Fig 6: Global Vegan Cheese Market by Region, 2023 ($ Million)

Fig 7: Vegan Cheese Market – Segmentation ​

Fig 8: Vegan Cheese Timeline

Fig 9: Vegan Cheese – Industry Value Chain Analysis

Fig 10: Global: Consumer Attitudes to Plant-based Features While Choosing Products, 2023

Fig 11: Global: Consumer Insights on Daily Diet Preferences, 2023

Fig 12: Global: Consumer Insights on Spend on Plant-based Dairy, 2023

Fig 13: Global: Consumer Insights on Reasons for Consuming Plant-based Alternatives, 2023

Fig 14: Global: Consumer Insights on Preference on Adopting Plant-based Alternative to Cheese, 2023

Fig 15: Global: Consumer Insights on Preference on Source of Plant-based Alternative, 2023

Fig 16: Consumer Survey Insights

Fig 17: Deal Volume: Global Vegan Cheese M&A Deals

Fig 18: Deal Value ($M): Global Vegan Cheese M&A Deals

Fig 19: Geographical Distribution: Vegan Cheese Deals Volume & Value Share (2020-2024)

Fig 20: Leading Advisors of Vegan Cheese -Related Companies

Fig 21: Deal Volume: Vegan Cheese M&A Deals by Related Sector

Fig 22: Deal Volume: Global Vegan Cheese VF Deals

Fig 23: Deal Value ($M): Global Vegan Cheese VF Deals

Fig 24: Geographical Distribution: Vegan Cheese Deals Volume & Value Share (2020-2024)

Fig 25: Active Jobs: Vegan Cheese Jobs Across all Sectors in 2023

Fig 26: Active Jobs: Vegan Cheese Jobs by Related Themes in 2023

Fig 27: Geographical Distribution: Vegan Cheese Active Jobs

Fig 28: Leading Companies with Vegan Cheese Active Jobs in 2023

Fig 29: Vegan Cheese: Active Jobs-Related Themes in 2023

Fig 30: Total Number of Posts on Vegan Cheese

Fig 31: Top Hashtags around Vegan Cheese on Social Media

Fig 32: Top Vegan Cheese Influencers on Social Media

Fig 33: Global Vegan Cheese Market – Revenue Opportunity Forecast, 2021-2030 ($M)

Fig 34: Global Vegan Cheese Market, By Region, 2021-2030 ($M)

Fig 35: Global Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 36: Global Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 37: Asia Pacific Vegan Cheese Market – Revenue Opportunity Forecast, 2021-2030 ($M)

Fig 38: Asia Pacific Vegan Cheese Market, By Country, 2021-2030 ($M)

Fig 39: Asia Pacific Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 40: Asia Pacific Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 41: China Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 42: China Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 43: India Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 44: India Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 45: Japan Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 46: Japan Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 47: Rest of Asia Pacific Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 48: Rest of Asia Pacific Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 49: Europe Vegan Cheese Market – Revenue Opportunity Forecast, 2021-2030 ($M)

Fig 50: Europe Vegan Cheese Market, By Country, 2021-2030 ($M)

Fig 51: Europe Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 52: Europe Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 53: Germany Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 54: Germany Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 55: Italy Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 56: Italy Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 57: UK Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 58: UK Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 59: Rest of Europe Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 60: Rest of Europe Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 61: Latin America Vegan Cheese Market – Revenue Opportunity Forecast, 2021-2030 ($M)

Fig 62: Latin America Vegan Cheese Market, By Country, 2021-2030 ($M)

Fig 63: Latin America Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 64: Latin America Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 65: Argentina Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 66: Argentina Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 67: Brazil Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 68: Brazil Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 69: Mexico Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 70: Mexico Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 71: Rest of Latin America Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 72: Rest of Latin America Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 73: Middle East & Africa Vegan Cheese Market – Revenue Opportunity Forecast, 2021-2030 ($M)

Fig 74: Middle East & Africa Vegan Cheese Market, By Country, 2021-2030 ($M)

Fig 75: Middle East & Africa Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 76: Middle East & Africa Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 77: Israel Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 78: Israel Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 79: South Africa Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 80: South Africa Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 81: Rest of Middle East & Africa Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 82: Rest of Middle East & Africa Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 83: North America Vegan Cheese Market – Revenue Opportunity Forecast, 2021-2030 ($M)

Fig 84: North America Vegan Cheese Market, By Country, 2021-2030 ($M)

Fig 85: North America Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 86: North America Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 87: US Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 88: US Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 89: Canada Vegan Cheese Market, By Type, 2021-2030 ($M)

Fig 90: Canada Vegan Cheese Market, By Source, 2021-2030 ($M)

Fig 91: Research Methodology Steps

Fig 92: Core Objectives of the Market Study

Fig 93: Research Approach

Fig 94: Analysis Flow

Fig 95: Quality Control Flow

Vegan Cheese Market Size and Trend Analysis by Region, Type, Source (Almond, Cashew, Coconut, Soy) and Segment Forecast to 2030 (2024)

FAQs

What is the trend in vegan cheese? ›

The global vegan cheese market was valued at USD 2.7 billion in 2022 and grew at a CAGR of 12.8% from 2023 to 2032. The market is expected to reach USD 9.1 billion by 2032. The market is growing as veganism, particularly among millennials, becomes more and more well-liked.

How big is the vegan cheese market? ›

Vegan Cheese Market: Overview

The global vegan cheese market value was estimated to reach US$ 2.5 Bn by the end of 2020, finds Transparency Market Research (TMR) in a recent study. According to the report, the vegan cheese market is anticipated to reach ~US$ 7 Bn by 2030, at a CAGR of ~10%.

What is vegan cheese made out of? ›

What Ingredients Are in Vegan Cheese? Vegan cheeses are 100% animal-free and made using vegetable proteins. Usually, they're made from soy; nuts, such as cashews and macadamias; and vegetable oils, such as coconut oil. You can also find cheeses that derive from agar, tapioca, peas and arrowroot.

What is nut cheese? ›

Nut cheese is often made from cashews, which produce the creamiest cheeses, along with almonds, pistachios, and macadamia nuts, as well as the aforementioned sunflower and pumpkin seeds. Sometimes coconut oil is added for additional firmness at refrigerated temperatures.

What is the future of vegan cheese? ›

With the global vegan cheese market reaching USD 2.43 billion in 2021 and projected to grow at a CAGR of 12.6% from 2022 to 2030, the increasing embrace of veganism, particularly among millennials, continues to fuel market expansion.

What is the market trend for vegans? ›

Global Vegan Food Market size was valued at around USD 16.5 Billion in 2022 and is poised to grow from USD Billion 18.23 in 2023 to USD 40.53 Billion by 2031, at a CAGR of 10.5% over the forecast period (2024–2031).

Why are cashews used in vegan cheese? ›

Nuts were a game-changer for vegan cheese because they provide a lot of fat: 100 grams of cashews have 44 grams of fat, versus 6.4 grams of fat in the same amount of soybeans. This allows for richer flavor and texture that gets closer to imitating animal milk dairy.

Why can't vegan cheese be called cheese? ›

Labeling of vegan cheese, like other vegan dairy analogues, is controversial, with dairy industry groups pushing to prohibit the use of terms like "cheese" on non-dairy products. Labeling purely plant-based products as "cheese" is prohibited in the European Union and the United Kingdom.

Which cheese is most vegan? ›

Vegans can eat cheese that is comprised of plant-based ingredients like soybeans, peas, cashews, coconut, or almonds. The most common types of vegan cheeses are cheddar, gouda, parmesan, mozzarella, and cream cheese that can be found in non-dairy forms.

Can you substitute almonds for cashews in vegan cheese? ›

Substitute for cashews: cashews are my preference as they are creamy and mild in flavor, but if you need to substitute them you can use macadamia nuts, blanched almonds, or raw sunflower seeds. All of these nuts and seeds will need to be boiled for about 15 minutes to ensure they have softened.

What are the best nuts for vegan cheese? ›

Best Nuts for Cheese

Vegan cheese can be made from cashews, almonds, and macadamia. It can also be nut-free, made from pumpkin seeds, sunflower seeds, or hemp. But, what's the best type for making cheese? According to Stiner, owner and operator at Portland, Oregon-based Vtopian Artisan Cheeses, it's cashews.

Does cashew cheese go bad? ›

Make ahead. Because this is a fermented cheese, it will continue to stay good in your fridge for several weeks… if you can resist eating it! Wholesome but indulgent. Fermented cashew cheese has all the traditional dairy cheese flavors but it's made with wholesome plant-based ingredients.

What is the plant-based dairy market trend? ›

More than one-third of consumers bought plant-based alternatives for the first time after 2020. In fact, the US market for plant-based dairy grew by 15 percent from 2019 to 2020, by 6 percent from 2020 to 2021, and by 11 percent from 2021 to 2022. Plant-based dairy in the US, Euromonitor International, October 2022.

What is the slang for vegan cheese? ›

Both hip-hop and internet slang like to use deliberate misspellings. Cheeze is also often use to refer to vegan cheese, or a cheese-like substance made without dairy. Vegan food substitutes often use alternative spellings to help consumers differentiate products from their meat- or dairy-based originals.

Why is vegan trendy? ›

For some, it's for ethical reasons. They care for animals and don't want to see them suffer. Others have become more aware of the impact of animal-based diets on the environment. This makes them more willing to forego meat to reduce carbon emissions and combat climate change.

What started the vegan trend? ›

Vegan etymology

In August 1944, several members of the Vegetarian Society asked that a section of its newsletter be devoted to non-dairy vegetarianism. When the request was denied, Donald Watson, secretary of the Leicester branch, set up a new quarterly newsletter, The Vegan News, in November 1944, priced tuppence.

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