UK Vegan Cheese Market Size & Outlook, 2023-2030
UK vegan cheese market, 2018-2030 (US$M)
Related Markets
UK vegan cheese market highlights
- The UK vegan cheese market generated a revenue of USD 193.5 million in 2023 and is expected to reach USD 437.3 million by 2030.
- The UK market is expected to grow at a CAGR of 12.4% 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 193.5 million |
| Market revenue in 2030 | USD 437.3 million |
| Growth rate | 12.4% (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, UK accounted for 6.2% 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 |
|---|
UK 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 33.85% in 2023. Horizon Databook has segmented the UK vegan cheese market based on mozzarella, cheddar, parmesan, ricotta, cream cheese covering the revenue growth of each sub-segment from 2018 to 2030.
Market players have been introducing new products to cater to the ongoing demand for vegan cheese. For instance, in October 2020, Willicroft, a U.K.-based vegan company founded by Brad Vanstone, stated that it is planning to develop vegan ricotta cheese in the upcoming years.
Vegan cream cheese has been identified to gain popularity terms of plant-based innovation in cheese making, with advancements in ingredient technology further estimated to boost the segment’s growth.
Reasons to subscribe to UK vegan cheese market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UK 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 UK vegan cheese market , including forecasts for subscribers. This country databook contains high-level insights into UK vegan cheese market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK vegan cheese market size, by product, 2018-2030 (US$M)
UK Vegan Cheese Market Outlook Share, 2023 & 2030 (US$M)
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