Rise in Lactose Intolerant Population drives the Global Vegan Cheese Market
According to a new market research report launched by Inkwood Research, the Global Vegan Cheese Market is anticipated to progress at a growth rate of 15.08% over the forecast years from 2021 to 2028. It is evaluated to reap revenue worth $4683.0 million by 2028.
Browse 67 market data Tables and 53 Figures spread over more than 203 Pages, along with in-depth analysis on the Global Vegan Cheese Market by Product, Form, Distribution Channel, End-User, & by Geography.
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Vegan Cheese Market Scenario
Lactose intolerance results from a shortage of the enzyme lactase, normally made by the cells that line the small gut. This enzyme primarily breaks down the sugar in milk into a simpler form. As per estimates, approximately 65% of people are lactose intolerant. In this regard, vegan cheese is an alternative for dairy products, gaining traction among the lactose intolerant population.
Additionally, several people are switching to vegan diets owing to a rise in concerns about animal welfare. Consumers are also opting for vegan products to maintain their health, including managing chronic conditions. This rise in lactose intolerance, growing preference for vegan food, and awareness about maintaining a healthy lifestyle are widening the scope and growth of the vegan cheese market across the world.
The Global Vegan Cheese Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Vegan Cheese Market by Product, Form, Distribution Channel, End-User, & by Geography: https://www.inkwoodresearch.com/reports/vegan-cheese-market/#request-free-sample
Market Segmentation
Market by Product
- Mozzarella
- Cheddar
- Parmesan
- Cream Cheese
- Ricotta
- Other Cheese
Market by Form
- Slices
- Diced Cubes
- Shredded Cheese
- Cheese Blocks
- Cheese Spreads
- Other Cheese Forms
Market by Distribution Channel
- Supermarket
- Convenience Store
- Specialty Stores
- Online Stores
- Other Distribution Channels
Market by End-User
- Household
- Food Industry
- Foodservice Industry
Report Highlights
– The report provides a detailed analysis of the current and future market trends to identify the investment opportunities – Market forecasts till 2028, using estimated market values as the base numbers – Key market trends across the business segments, regions, and countries – Key developments and strategies observed in the market – Market dynamics such as drivers, restraints, opportunities, and other trends – In-depth company profiles of key players and upcoming prominent players – Growth prospects among the emerging nations through 2028
Companies Profiled
- BUTE ISLAND FOOD LTD (ACQUIRED BY SAPUTO INC)
- DAIYA FOODS INC
- FIELD ROAST
- FOLLOW YOUR HEART
- GALAXY NUTRITIONAL FOODS INC
- KITE HILL
- MIYOKO’S CREAMERY
- NUSH FOODS
- VIOLIFE FOODS
- WAYFARE
Related Reports
GLOBAL PLANT-BASED FOOD AND BEVERAGE MARKET – The global plant-based food and beverage market is anticipated to advance at a CAGR of 9.29% over the estimated phase 2021-2028.
Media Contact
Company Name: Inkwood Research
Contact Person: Arvind Iyer
Email: Send Email
Phone: 1-(857) 293-0150
Country: United States
Website: https://www.inkwoodresearch.com/
