Non-Dairy Cheese Market Analysis with Future Business Strategies, Leading key players, Advancements Technology and Forecast 2027 | New New MRFR Report
Research Reports
Mar 18, 2022
Market Analysis
Globally, the non-dairy cheese market is expected to project at a CAGR of 7.8% during the non-dairy cheese market forecast period of 2019-2027.
It is expected to value at USD 3 billion during the forecast period. Expansion of the use of lactose-free products and excessive use of non-dairy cheese have increased its demand. Nondairy cheese products are cheese variants that are produced from plant-based and other sources. It is of various forms like soft, hard, and mature forms. The most notable aspect of this non-dairy cheese is the absence of any type of animal product.
The non-dairy cheese market has experienced rapid growth in the past couple of years in
Non-dairy cheese is casein and lactose-free as it is made from milk that is plant-based. So, what is non-dairy cheese made of? The most widely used dairy-free cheese ingredients include seeds such as sunflower and sesame, nuts such as almond, pine nut, cashew and peanuts, soybeans, coconut oil, tapioca, nutritional yeast, rice amid others. It is generally made from milk that is plant-based- rice milk, coconut milk, almond milk, and soy milk. The various applications of non-dairy or vegan cheese include bakery and confectionery and fast-food snacks.
COVID 19 Analysis
The breakdown of COVID has increased the uncertainty of employment. Due to COVID, seating capacity in certain restaurants is reduced. There was a reduction in the number of employees working in the restaurants.
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Market Segmentation
Market Research Future report provides a comprehensive segmental analysis of the non-dairy cheese market based on source, application, product type, and distribution channel.
Based on the source, it is segmented into rice milk, coconut milk, almond milk, soy milk, and others. Of these, soy milk is projected to have the largest market share and hold its dominance over the assessment period.
Based on application, the non-dairy cheese market is segmented into bakery and confectionery, dips and sauces, fast food snacks, and others. Of these, fast food and snack will lead the market.
Based on product type, it is segmented into cream cheese, cheddar, parmesan, dairy-free mozzarella cheese, and others. Of these, cheddar is anticipated to have the maximum share in the non-dairy cheese market during the assessment period.
Based on the distribution channel, the non-dairy cheese market is segmented into non-store-based and store-based.
Regional Analysis
Based on region, the non-dairy cheese market covers growth opportunities and the latest trends across North America, Europe, Asia Pacific, and the Rest of the World. Of these, the APAC region is expected to be at the vanguard during the assessment period. India and China are anticipated to have the biggest market share in this region. In Europe, the demand for the non-dairy cheese market is exceptionally high owing to the rising demand for various non-dairy products. Germany and the UK are projected to hold maximum share in the market in the European region. The non-dairy cheese market in North America is anticipated to have a healthy share in the market over the assessment period. Canada and the US accounted for the largest market share in this region due to rising incidences of lactose intolerance and changing consumption patterns.
Competitive Analysis
The global non-dairy cheese market is highly competitive and fragmented. The market players are investing largely in product development and constant product improvement to cater to the needs of the consumers. Manufacturers are depending on arrowroot flour and tapioca to make dairy-free cheeses owing to their ability to dissolve easily and clearly as well as holding up better together with acids, having low protein content compared to grain starches. The dairy-free manufacturers’ strategic sales plan includes using online marketing channels and product distribution together with the promotion of products in exhibitions and other forms of platforms. They are choosing the right marketing strategies that convey a clear message to the target audience and are not aggressive in delivering an anti-milk message. The key industrial players are creating and running awareness campaigns for educating consumers and driving them in making a rational choice. The dairy-free producers have joined hands with medical and healthcare advisors in arranging consumer awareness campaigns to assist those in selecting healthier products and helping lactose intolerant in shifting to dairy alternatives.
Key Players
Leading players profiled in the non-dairy cheese market include Follow Your Heart (U.S.), Bute Island Foods Ltd (U.K.), Tofutti Brands Inc. (U.S.), Kite Hill Cheese (U.S.), Violife Foods (Greece), Galaxy Nutritional Foods, Inc. (U.S.), and Foods Inc. (Canada).
Nov 2018- Norseland has launched its first-ever vegan smoked cheese- Applewood Vegan. This coconut-based cheese is fortified with vitamin b12 and calcium to offer the same nutritional benefits as that of its dairy cheese range. It can be melted, grated, or sliced while maintaining its smoky flavor.
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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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