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Vegan Cheese Market projected to reach US$ 4,651.68 million and Growing at a CAGR of 7.1% during forecast period 2021-2027

01-25-2021 06:37 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: The Insight Partners

The vegan cheese market was valued at US$ 2,705.00 million in 2019 and is projected to reach US$ 4,651.68 million by 2027; it is expected to grow at a CAGR of 7.1% from 2020 to 2027.

Vegan cheese is prepared using plant-based ingredients instead of the traditional animal-based products. Vegan cheese is rich in proteins, calcium, vitamins, and has a high nutritional profile. There has been an increasing demand for vegan cheese owing to the change in eating patterns of the consumers all over the world. The low cholesterol level of the vegan cheese has been the prime factor that helps in the prevention of cardiovascular disease.

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Key Players:
Daiya Foods Inc.
Field Roast
Follow Your Heart
Galaxy Nutritional Foods, Inc.
Good Planet Foods
Kite Hill
Miyoko's Creamery
Nush Foods
Uprise Foods LLC

Market Segmentation:

Vegan Cheese Market, by Product Type
Cream Cheese

Vegan Cheese Market, by Form

Vegan Cheese Market, by Source
Almond Milk
Soy Milk
Coconut Milk
Cashew Milk

Vegan Cheese Market, by Distribution Channel
Hypermarkets and Supermarkets
Convenience Stores
Specialty Stores

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The recent COVID-19 outbreak, which began in Wuhan (China) during December 2019, has spread around the globe at a fast pace. As of June 2020, the US, Russia, India, China, Italy, France, and Germany are among the worst-affected countries in terms of positive cases and reported deaths. According to the WHO figures updated in June 2020, ~7,482,952 confirmed cases and ~419,497 deaths have been reported globally. The outbreak has affected economies and industries due to lockdowns, travel bans, and business shutdowns imposed by governments. Food & beverages is one the world’s major industries suffering serious disruptions in the form of supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. Although, China is the global manufacturing hub and is the largest raw material supplier for various industries in the world, it is also one of the worst-hit countries by the COVID-19 pandemic.

The Table of Content for Vegan Cheese Market research study includes:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Vegan Cheese Market Landscape
5. Vegan Cheese Market - Key Market Dynamics
6. Vegan Cheese Market - Global Market Analysis
7. Vegan Cheese Market - Revenue And Forecasts to 2027 – Type
8. Vegan Cheese Market - Revenue And Forecasts to 2027 – Type of Product
9. Vegan Cheese Market - Revenue And Forecasts to 2027 – Service
10. Vegan Cheese Market Revenue And Forecasts to 2027 – Geographical Analysis
11. Impact of Covid-19 Pandemic on Global Vegan Cheese Market
12. Industry Landscape
13. Vegan Cheese Market, Key Company Profiles
14. Appendix
15. List of Tables
16. List of Figures

Contact US:
North America: +1 646 491 9876
Asia-Pacific: +91 20 6727 8686

The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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