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Non Dairy Cheese Market

Non-Dairy Cheese Market

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  • |Published Month : November, 2022
  • |No. of Pages : 135

Non-Dairy Cheese Market Report Highlights

  • The global Non-Dairy Cheese Market Size stood at $5.4 Billion in 2020 and is poised to register 11.7% growth over the forecast period 2021 to 2028
  • The COVID-19 resulted in y-o-y increase of 11.8% in market value
  • Soy Based Cheese is the most consumed type with 41.2% market share
  • Supermarkets continue to be the largest distribution mode of Non-Dairy Cheese
  • Driven by the US, North America dominates the global Non-Dairy Cheese market
  • Growing demand for vegan diets, increasing lactose intolerance population, and rising health conscious population are among the leading trends set to shape the market outlook
  • On the other hand, fluctuating raw material prices, stringent regulations and high threat from traditional and organic cheese pose challenges to the market growth
  • Market is relatively fragmented in nature with presence of large volume of small and medium scale companies

 

Non-Dairy Cheese Market Size Outlook

 

Non-Dairy Cheese Market Analysis, 2021

Cheese is one of the most popular dairy products consumed globally. It is available in several forms and used in a wide variety of dishes, including pizza, lasagne, pasta, cheesecakes, and frostings. Cheese is considered one of the most important sources of protein; however, overconsumption of cheese can cause various health disorders such as overweight, obesity, cholesterol, and heart diseases. The growing health consciousness among consumers has declined the consumption of cheese and related products across the world. Several consumers have been unable to incorporate milk and other dairy products due to reasons such as personal preferences, dietary restrictions, lactose intolerance, allergies, and others.

 

Further, the growing awareness of animal welfare has drifted the preference of consumers toward non-dairy diets. Veganism is one of the most popular trends in recent times. However, for vegans, leaving behind delicious foods such as pastas and pizza, has always appeared as a major challenge. Vegan diets can reduce the risk of obesity heart diseases, diabetes, and even cancer. Several consumers around the world are increasingly shifting toward the consumption of vegan diets to protect animal rights as well as the environment. According to the Vegan Society, the number of vegan consumers globally increased by over 360% in the last 10 years.

 

Vegan food manufacturers have captured the opportunity to represent a large consumer base by introducing vegan cheese alternatives. These products are manufactured using plant-based ingredients such as soymilk, almond, and cashew milk to produce a similar cheesy product that resembles real dairy cheese in terms of flavour and texture.

 

In addition, there is a general belief among consumers that plant-based products are healthier. Plant-based cheese contains, low cholesterol and fat content, which makes these products ideal for health-conscious consumers. The high prevalence of diseases such as heart diseases, obesity, diabetes, and stroke has become a major threat to individuals around the world. With fast-moving lifestyles, individuals are conscious of their health and are opting for healthier diets in their daily lives. Consumers are thus preferring plant-based dairy products that contain nutrients including proteins, minerals such as calcium, and vitamins as a part of a balanced diet.

 

 

Although plant-based dairy alternative was primarily introduced for consumers as a part of special dietary requirements. However, the demand for these products has been increasing rapidly in the global market and has become a part of mainstream dairy. Consumers are primarily opting for non-dairy milk products owing to its higher nutritional properties. Non-dairy milk is considered as a healthier alternative to animal-based dairy milk. With the increasing awareness of the health properties associated with plant-based products, the demand for dairy alternatives is rapidly increasing in recent years.

 

One of the largest challenges for plant-based cheese market is the high price of the product. Due to which, it is targeted only at high-income consumers. However, there is a high willingness to pay for a premium product among younger consumers. As per a recent survey, healthy food categories are growing at a faster rate than indulgent categories globally. Consumers across the world now prefer healthy, sustainable, and high nutrition food products. They are also increasingly adapting to fresh and natural products that promote good health.

 

Non-Dairy Market Companies Profiled in the Report-

 

Tofutti Brands, Inc.

Violife Foods

Kite-Hill

Bute Island foods Ltd.

Daiya Foods Inc.

 

Non-Dairy Cheese Market Trends- Growing Demand for Vegan Diets

 

The growing preference for vegan and plant-based diets among consumers due to increasing concerns regarding animal and environmental protection is driving the market for plant-based foods and beverages. Millennial are the main drivers for the global shift away from animal-based products consumption. Renowned celebrities and world-class athletes, as well as large companies such as Google, are moving toward the consumption of plant-based products. Countries such as China are also supporting the vegan movement. Although plant-based food and beverages have not entered the mainstream market, it is becoming globally accepted day by day.

 

The vegan diet was predicted to be the largest food trend in 2020. A recent report estimated that if the global population switches to the vegetarian diet, it could save up to 8 million lives by 2050, reducing greenhouse emissions by two-thirds, and avoiding the damage of $1.5 trillion related to climate change.

 

Several sports, professional athletes are adopting plant-based diets, which are breaking the myth about animal proteins. Some of the popular athletes including, Kendrick Farris, a weightlifter from the Rio Olympics, Venus Williams, a popular tennis player, Patrik Baboumian, an Armenian-German Strongman, and former bodybuilder, Heather Mills, a former skier, an amputee. Several celebrities are also giving up animal diets and embracing plant-based food and beverages. Natalia Portman, Beyonce, Ellen DeGeneres, Joaquin Phoenix, Brad Pitt, Jennifer Lopez, Miley Cyrus, and Bill Clinton are the major names that have adopted plant-based diets.

 

As part of a broader initiative, Google is also shifting toward implementing more plant-based food for its employees. Google recognizes meat consumption as an important part of carbon footprint. The company has been working with Better Buying Lab that develops strategies to help consumers purchase and consume more sustainable foods. Moreover, a greater number of schools and teachers in the US and Europe are implementing more vegan meal options in school lunches.

 

Non-Dairy Cheese Market Report Segmentation

  • Sources
    • Soy Based Cheese
    • Almond Based
    • Cashew
    • Coconut
    • Others
  • Distribution Channels
    • Super Markets
    • Hypermarkets
    • Convinence Stores
    • Online
    • Others
  • Regions
    • North America
    • Europe
    • Asia Pacific
    • Middle East Africa
    • Latin America


1.    TABLE OF CONTENTS    2
1.1 List of Tables    6
1.2 List of Figures    7
2.    EXECUTIVE SUMMARY    9
2.1 Summary    9
2.2 The global food and beverage industry in 2021    10
2.3 Non-Dairy Cheese Industry Outlook, 2020 – 2026    11
3.    INTRODUCTION TO NON-DAIRY CHEESE MARKET    12
3.1 Market Segments - Sources, Distribution Channels, and Countries    12
3.2 Research Methodology    13
4.     MACROECONOMIC & DEMOGRAPHIC OUTLOOK    14
4.1 GDP Outlook, 2010 – 2030    14
4.2 Population Outlook of Select Countries, 2010 – 2030    15
5.    OVERVIEW OF THE NON-DAIRY CHEESE MARKET    16
5.1 Industry Panorama    16
5.2 Major Companies    17
5.3 Market Drivers    17
5.3.1 Growing Demand for Vegan Diets    18
5.3.2 Increasing Lactose Intolerance Population    19
5.3.3 Rising Health Conscious Population    20
5.4 Market Challenges    21
5.4.1 Fluctuating Raw Materials Prices    21
5.4.2 Stringent Regulations    22
5.4.3 Increasing Threat from the Traditional Cheese    22
5.5 Regional Outlook    23
6.    TRENDS IN NON-DAIRY CHEESE MARKET TYPES    24
6.1 Largest Source Types    24
6.1.1 Soy Based Cheese    26
6.1.2 Almond Based    27
6.1.3 Cashew    28
6.1.4 Coconut    29
6.1.5 Others    30
7.    GLOBAL OUTLOOK ACROSS COVID-19 SCENARIOS    31
7.1 Post COVID Scenario    31
7.2 Pre COVID Scenario    32
8.    TRENDS IN DISTRIBUTION CHANNELS    33
8.1 Supermarkets    35
8.2 Hypermarkets    36
8.3 Convenience Stores    37
8.4 Online    38
8.5 Others    39
9.    NORTH AMERICA NON-DAIRY CHEESE MARKET     40
9.1 Outlook    40
9.2 Trends and Opportunities    41
9.2.1 Soy Based Cheese dominates the North American Non-Dairy Cheese Market    41
9.2.2 Supermarkets dominate the North American Non-Dairy Cheese Market    42
9.2.3 The US dominates the North American Non-Dairy Cheese Market    43
9.3 Market Outlook by Country    44
9.3.1 United States    44
9.3.2 Canada    46
9.3.3 Mexico    47
10.    EUROPE NON-DAIRY CHEESE MARKET ANALYSIS     49
10.1 Outlook    49
10.2 Trends and Opportunities    50
10.2.1 Soy Based Cheese Dominate the European Non-Dairy Cheese Market    50
10.2.2 Supermarkets and Hypermarkets dominate the European Non-Dairy Cheese Market    51
10.2.3 Germany dominates the European Non-Dairy Cheese Market    52
10.3 Market Outlook by Country    53
10.3.1 Germany    53
10.3.2 United Kingdom    55
10.3.3 France    57
10.3.4 Italy    58
11.    ASIA PACIFIC NON-DAIRY CHEESE MARKET     60
11.1 Outlook    60
11.2 Trends and Opportunities    62
11.2.1 Soy Based Cheese dominate the Asia Pacific Non-Dairy Cheese Market    62
11.2.2 Supermarkets and Hypermarkets dominate the Asia Pacific Non-Dairy Cheese Market    63
11.2.3 China dominates the Asia Pacific Non-Dairy Cheese Market    64
11.3 Market Outlook by Country    65
11.3.1 Australia    65
11.3.2 Japan    66
11.3.3 South Korea    67
11.3.4 Rest of Asia Pacific    68
12.    LATIN AMERICA NON-DAIRY CHEESE MARKET     69
12.1 Outlook    69
12.2 Trends and Opportunities    70
12.2.1 Soy Based Cheese dominate the Latin American Non-Dairy Cheese Market    70
12.2.2 Supermarkets and Hypermarkets dominate the Latin American Non-Dairy Cheese Market    71
12.2.3 Brazil dominates the Latin America NON-DAIRY CHEESE Market    72
12.3 Market Outlook by Country    73
12.3.1 Brazil    73
12.3.2 Rest of Latin America    75
13.    MIDDLE EAST AND AFRICA NON-DAIRY CHEESE MARKET     76
13.1 Outlook    76
13.2 Trends and Opportunities    77
13.2.1 Soy Based Cheese dominate the Middle East and Africa Non-Dairy Cheese Market    77
13.2.2 Supermarkets and Hypermarkets dominate the Middle East and Africa Non-Dairy Cheese Market    78
13.2.3 Africa dominates the MEA Non-Dairy Cheese Market    79
13.3 Market Outlook by Country    80
13.3.1 Middle East    80
13.3.2 Africa    82
14.    COMPETITIVE LANDSCAPE     84
14.1 Tofutti Brands Inc.    84
14.2 Violife Foods    90
14.3 Kite-Hill    93
14.4 Bute Island Foods Ltd.    96
14.5 Daiya Foods Inc.    102
15.    APPENDIX    105
15.1 About USD Analytics    105
15.2 Sources and Research Methodology    105
15.3 Copyright and Disclaimer    106

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