Market revenue in 2023 | USD 579.9 million |
Market revenue in 2030 | USD 1,261.1 million |
Growth rate | 11.7% (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 |
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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 34.52% in 2023. Horizon Databook has segmented the U.S. vegan cheese market based on mozzarella, cheddar, parmesan, ricotta, cream cheese covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. has a long history of manufacturing artisanal heese and the innovative spirit of American cheesemakers is increasing their ability to offer vegan cheese an authentic flavor by meeting evolving consumer trends. This is driving the market’s growth in the country.
As consumers become increasingly vocal about the types of ingredients they want in dairy and beverage products, cheese manufacturers are strictly complying to the same by removing dairy products, or those containing animal sources, and replacing them with clean-label, plant-based, and non-dairy ingredients.
Over the past few years, various kinds of food allergies have been increasing significantly among consumers around the world.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. vegan cheese market , including forecasts for subscribers. This country databook contains high-level insights into U.S. vegan cheese market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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