Brazil Vegan Cheese Market Size & Outlook, 2023-2030
Brazil vegan cheese market, 2018-2030 (US$M)
Related Markets
Brazil vegan cheese market highlights
- The Brazil vegan cheese market generated a revenue of USD 90.3 million in 2023 and is expected to reach USD 191.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 11.4% from 2024 to 2030.
- In terms of segment, mozzarella was the largest revenue generating product in 2023.
- Ricotta is the most lucrative product segment registering the fastest growth during the forecast period.
Vegan cheese market data book summary
| Market revenue in 2023 | USD 90.3 million |
| Market revenue in 2030 | USD 191.9 million |
| Growth rate | 11.4% (CAGR from 2023 to 2030) |
| Largest segment | Mozzarella |
| Fastest growing segment | Ricotta |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mozzarella, Cheddar, Parmesan, Ricotta, Cream cheese |
| Key market players worldwide | Danone SA, Otsuka Holdings Co Ltd, Kite Hill, Tofutti Brands Inc, Treeline Treenut Cheese, Miyoko’s Kitchen, Parmela Creamery |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.9% of the global vegan cheese market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil vegan cheese market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America 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 |
|---|
Brazil 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 34% in 2023. Horizon Databook has segmented the Brazil vegan cheese market based on mozzarella, cheddar, parmesan, ricotta, cream cheese covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Brazilian Vegetarian Society (SBV), 70% of adults in Brazil have some level of lactose intolerance. In addition to this, major food and beverages companies are launching vegan products and there are numerous restaurants and stores catering especially to the vegan population.
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Target buyers of Brazil 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 country-level data and insights on the Brazil vegan cheese market , including forecasts for subscribers. This country databook contains high-level insights into Brazil vegan cheese market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil vegan cheese market size, by product, 2018-2030 (US$M)
Brazil Vegan Cheese Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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