Global Vegan Cheese Market Size & Outlook, 2023-2030
Global vegan cheese market, 2018-2030 (US$M)
Related Markets
Global vegan cheese market highlights
- The global vegan cheese market generated a revenue of USD 3,108.8 million in 2023 and is expected to reach USD 7,100.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 12.5% by 2030.
- In terms of segment, mozzarella accounted for a revenue of USD 1,049.0 million in 2023.
- Ricotta is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 3,108.8 million |
| Market revenue in 2030 | USD 7,100.9 million |
| Growth rate | 12.5% (CAGR from 2023 to 2030) |
| Largest segment | Mozzarella |
| Fastest growing segment | Ricotta |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mozzarella, Cheddar, Parmesan, Ricotta, Cream cheese |
Other key industry trends
- In terms of revenue, the North America accounted for 23.9% of the global vegan cheese market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 191.9 million by 2030.
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Vegan Cheese Market Scope
Vegan Cheese Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global vegan cheese market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vegan cheese market will help companies and investors design strategic landscapes.
Mozzarella was the largest segment with a revenue share of 33.74% in 2023. Horizon Databook has segmented the Global vegan cheese market based on mozzarella, cheddar, parmesan, ricotta, cream cheese covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Vegan Cheese Product Outlook (Revenue, USD Million, 2018-2030)
- Mozzarella
- Cheddar
- Parmesan
- Ricotta
- Cream cheese
- Others
- Global Vegan Cheese Source Outlook (Revenue, USD Million, 2018-2030)
- Soy milk
- Almond milk
- Coconut Milk
- Cashew milk
- Others
- Global Vegan Cheese Application Outlook (Revenue, USD Million, 2018-2030)
- B2C
- B2B
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Target buyers of Global vegan cheese market databook
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Our clientele includes a mix of vegan cheese market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global vegan cheese market , including forecasts for subscribers. This global databook contains high-level insights into Global vegan cheese market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global vegan cheese market size, by regions, 2018-2030 (US$M)
Top 10 countries: Vegan cheese market size, 2023 (US$M)
Global vegan cheese market share, by product, 2023 & 2030 (%, US$M)
Vegan cheese market: Opportunity assessment by country
Global vegan cheese market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 432.2 | 481.5 | 542.2 | 589.6 | 662.7 | 744.2 | 834.9 | 936.7 | 1,048.0 | 1,172.5 | 1,309.5 | 1,459.7 | 1,624.3 | 11.8% |
| Europe | 701.7 | 784.5 | 886.5 | 967.3 | 1,091.0 | 1,229.5 | 1,384.4 | 1,558.7 | 1,750.4 | 1,965.6 | 2,203.3 | 2,465.4 | 2,753.7 | 12.2% |
| Asia Pacific | 379.8 | 431.6 | 495.8 | 549.8 | 630.1 | 721.4 | 825.1 | 943.6 | 1,076.0 | 1,226.8 | 1,396.1 | 1,585.6 | 1,797.5 | 13.9% |
| Latin America | 156.4 | 173.8 | 195.3 | 211.8 | 237.6 | 266.1 | 297.8 | 333.3 | 372.0 | 415.1 | 462.4 | 514.1 | 570.6 | 11.5% |
| MEA | 79.9 | 90.3 | 103.1 | 113.7 | 129.6 | 147.5 | 167.8 | 191.0 | 216.6 | 245.8 | 278.3 | 314.6 | 354.9 | 13.4% |
| Overall | 1,750.0 | 1,961.8 | 2,222.8 | 2,432.1 | 2,750.9 | 3,108.8 | 3,510.0 | 3,963.2 | 4,463.0 | 5,025.8 | 5,649.6 | 6,339.5 | 7,100.9 | 12.5% |
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