Germany Vegan Cheese Market Size & Outlook, 2023-2030
Germany vegan cheese market, 2018-2030 (US$M)
Related Markets
Germany vegan cheese market highlights
- The Germany vegan cheese market generated a revenue of USD 339.0 million in 2023 and is expected to reach USD 743.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 11.9% 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 339.0 million |
| Market revenue in 2030 | USD 743.8 million |
| Growth rate | 11.9% (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, Germany accounted for 10.9% 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 Europe, Germany vegan cheese market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 239.6 million by 2030.
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Vegan Cheese Market Scope
Vegan Cheese Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 34.25% in 2023. Horizon Databook has segmented the Germany vegan cheese market based on mozzarella, cheddar, parmesan, ricotta, cream cheese covering the revenue growth of each sub-segment from 2018 to 2030.
The vegan cheese market in the country is currently going through an unprecedented level of competition and disruption, driven by the growth of viable plant-based dairy alternatives across many categories.
Several companies are heavily investing in acquiring and creating new products and brands that will appeal to the surging consumer demand for vegan/plant-based dairy products. The trend of veganism and vegetarianism is consistently rising in Germany.
For instance, according to a report “Germany is Leading a Vegalution - Vegan Revolution” published by the USDA (United States Department of Agriculture) and Global Agriculture Information Network (GAIN), in 2017-2018, it was estimated that 15% of the global new vegan food and beverages were launched in Germany. These product launches and market trends are estimated to drive the demand for vegan cheese over the forecast period.
Reasons to subscribe to Germany vegan cheese market databook:
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Target buyers of Germany 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 Germany vegan cheese market , including forecasts for subscribers. This country databook contains high-level insights into Germany vegan cheese market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany vegan cheese market size, by product, 2018-2030 (US$M)
Germany Vegan Cheese Market Outlook Share, 2023 & 2030 (US$M)
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