Market Size of Non-Dairy Cheese Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 8.10 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Non-Dairy Cheese Market Analysis
The non-dairy cheese market is projected to register a CAGR of 8.1% during the forecast period.
The growing awareness regarding animal cruelty and the negative impacts on the environment caused by the dairy industry has encouraged consumers to opt for plant-based cheese products. The gaining popularity of the vegan diet and increasing incidences of lactose intolerance have driven the market and will continue to do so in the near future. Increased health consciousness among consumers, dietary restrictions, and the popularity of veganism have led to a global demand for non-dairy cheese products.
The growing prevalence of milk allergies and lactose intolerance in children and the middle-aged has increased demand for alternative dairy cheese products.As per the data from the Cleveland Clinic, in the United States, more than 30 million people are lactose intolerant, which shows that Americans prefer to consume plant-based vegan cheese products, thus accelerating the growth of the non-dairy cheese market.
The food service industry has been significantly contributing to the growth of the vegan cheese market as hotels, restaurants, and fast food outlets are labeling their products with vegan cheese and also serving food with vegan cheese appetizers. Furthermore, growth in urbanized and millennial populations, which are potential and targeted consumer groups, is one of the major influencing factors for product growth.
Non-Dairy Cheese Industry Segmentation
Non-dairy cheeses are 100% animal-free and made using vegetable proteins. The global non-dairy cheese market is segmented by source, product type, distribution channel, and geography. On the basis of source, the market is segmented into soy milk, almond milk, coconut milk, and other sources. On the basis of product type, the market is segmented into mozzarella, parmesan, cheddar, and other product types. By distribution channel, the market is segmented into supermarkets and hypermarkets, specialty stores, convenience stores, online retail stores, and other distribution channels. By geography, the study provides an analysis of the non-dairy cheese market in emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
| Source | |
| Soy Milk | |
| Almond Milk | |
| Coconut Milk | |
| Other Sources |
| Product Type | |
| Mozzarella | |
| Parmesan | |
| Cheddar | |
| Other Product Types |
| Distribution Channel | |
| Specialty Stores | |
| Supermarkets/Hypermarkets | |
| Convenience Store | |
| Online Retail Stores | |
| Other Distribution Channels |
| Geography | |||||||||
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Non-Dairy Cheese Market Size Summary
The non-dairy cheese market is experiencing significant growth, driven by increasing consumer awareness of animal cruelty and environmental concerns associated with the dairy industry. The rising popularity of vegan diets and the prevalence of lactose intolerance are key factors propelling the demand for plant-based cheese products. As more consumers seek healthier and cleaner alternatives, the market is witnessing a surge in demand for non-dairy cheese, particularly among those with milk allergies and lactose intolerance. The food service industry is also playing a crucial role in this growth, with hotels, restaurants, and fast food outlets incorporating vegan cheese into their offerings. The urbanized and millennial populations, who are more inclined towards veganism, further contribute to the market's expansion.
North America stands out as a dominant region in the non-dairy cheese market, fueled by a high percentage of lactose-intolerant individuals and a growing trend towards vegan food preferences. The region's health-conscious consumers are increasingly opting for plant-based cheese, which is being integrated into various food establishments. Key players in the market are heavily investing in research and development to innovate and launch new products that cater to evolving consumer preferences. The competitive landscape is marked by strategic mergers, acquisitions, and expansions, as companies aim to capture a larger share of the plant-based dairy alternatives market. Online retailing and advanced manufacturing capabilities are also enhancing the global reach of non-dairy cheese products.
Non-Dairy Cheese Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Source
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2.1.1 Soy Milk
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2.1.2 Almond Milk
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2.1.3 Coconut Milk
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2.1.4 Other Sources
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2.2 Product Type
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2.2.1 Mozzarella
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2.2.2 Parmesan
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2.2.3 Cheddar
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2.2.4 Other Product Types
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2.3 Distribution Channel
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2.3.1 Specialty Stores
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2.3.2 Supermarkets/Hypermarkets
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2.3.3 Convenience Store
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2.3.4 Online Retail Stores
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2.3.5 Other Distribution Channels
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 Spain
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2.4.2.2 United Kingdom
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2.4.2.3 Germany
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2.4.2.4 France
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2.4.2.5 Italy
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2.4.2.6 Russia
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2.4.2.7 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle East & Africa
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2.4.5.1 South Africa
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2.4.5.2 United Arab Emirates
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2.4.5.3 Rest of Middle East & Africa
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Non-Dairy Cheese Market Size FAQs
What is the current Non-Dairy Cheese Market size?
The Non-Dairy Cheese Market is projected to register a CAGR of 8.10% during the forecast period (2024-2029)
Who are the key players in Non-Dairy Cheese Market?
Otsuka Holdings Co, Ltd. (Daiya Foods Inc.), GreenVie Foods, Saputo Inc., Upfield Holdings B.V. and Unibel SA are the major companies operating in the Non-Dairy Cheese Market.
