Published by Coherent Market Insights
Posted on October 5, 2021
4 min readLast updated: January 31, 2026
The Plant-based Cheese Market is expanding due to rising veganism and demand for dairy alternatives, with key players driving growth.
plant-based food industry was valued at US$ 4.0 billion in April 2018 and increased by 11% to reach US$ 4.5 billion by April 2019. According to the same source, the U.S. plant-based cheese market was valued at US$ 160 million in April 2019, showing a growth of 19% from the previous year.
The Plant-based Cheese Market report published by CMI exhibits essential guidelines of the industry followed by marketing tactics to get elevated from the present situation and contend with floating market values and dynamics. It includes market share, competitive analysis, value analysis, strong and adverse impacts of market, top companies survey, key financials, growth methods, of market key players is managed to support effective analysis process of the market. The market’s CAGR prediction is expressed as a percentage over a certain time period. The study also includes the methods used by prominent players to outperform competitors.
Follow Your Heart, Otsuka (Daiya Foods Inc.), Tofutti Brands, Inc., Green Space Brands, Lisanatti Foods, Inc., Treeline Treenut Cheese, Miyoko’s Kitchen, Bute Island Foods Ltd., Violife, Kite Hill, Dr-Cow Tree Nut Cheese, VBites, and Green Vie Foods.
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Increasing number of vegan consumers and increasing consumer preference towards dairy product alternatives due to lactose intolerance is expected to increase demand for plant-based cheese products over the forecast period. For instance, according to the Vegan Society, the number of vegans in U.K. quadrupled between 2014 and 2018. In 2014, there were 150,000 vegans (0.25% of the population), which increased to 600,000 (1.16% of the population) in 2018.
The report likewise incorporates a broad appraisal of the key improvements took on by the main market members in the business over years. The Plant-based Cheese Market market report addresses an extensive perspective on the key drivers, provincial appraisal, Coronavirus sway, item interest, worldwide components, and furthermore a profound investigation of business improvement system.
Key Insights Aspects of Report:
A wide overview of the global market
The present and forecasted regional market size data based on applications, types, and regions
Market trends, drivers, and challenges for the global market.
Analysis of company profiles of top major players functioning in the market.
Total sales volume statistics and total sales on the market.
Breakdowns in industry patterns.
Direct and indirect sales methods for pros and cons.
Comprehensive information on major retailers, dealers, and traders
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Plant-based cheese or vegan cheese is a non-dairy product for consumers who avoid animal-based products. Plant-based cheese is a good source of protein and is cholesterol-free. Plant-based cheese is made from soy milk, coconut milk, rice milk, peanut milk, almond milk, cashew milk, hazelnut milk, vegetables, and others. Plant-based cheese comes in various forms such as shredded, cream cheese, block & sliced, soft cheese, and cheese dips. Consumers are inclining towards plant-based cheese due to lactose intolerance.
Key Questions Answered by Plant-based Cheese Market Report
1. What was the Plant-based Cheese Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Plant-based Cheese Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Plant-based Cheese Market were the market leader in 2027?
5. Overview of the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Available Customizations:
This report also provides particular consumer expectations and preferences to gain insights into changing behavior and needs of the consumer. Thus, we provide more accurate, reliable, and actionable information specifically customize to suit your business needs. If you have any special demand, please let us know and we will provide you the report as you want.
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The post Plant-based Cheese Market: Business Growth Factors, Top Manufacturers, Revenue, Demand & Forecast To 2028 appeared first on Gatorledger.
The article discusses the growth and forecast of the Plant-based Cheese Market up to 2028.
Increased veganism and consumer preference for dairy alternatives are key drivers.
Key players include Follow Your Heart, Daiya Foods, and Tofutti Brands.
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