openPR Logo
Press release

Plant-based cheese market estimated to grow at 9% CAGR and North america offer profitable growth prospects

04-22-2021 03:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Plant Based Cheese Market

Plant Based Cheese Market

Poised to surpass a valuation of over US$ 1,550 Mn by the end of the forecast period (2019-2027), plant-based cheese sales have witnessed a significant surge in the last few years.

A spurt in the global vegan population has been increasing worldwide demand for plant-based cheese.

Presently, more than 6% of the American population describes themselves as being vegan and recent trends indicate a possible increase in the number of people expressing their interest in vegan diets.

To get in-depth information view the report
https://www.factmr.com/report/4549/plant-based-cheese-market

Food companies are stepping up to the plate to create mouth-watering, dairy-free cheese that would take plant-based foods to the next level.

Other aspects facilitating growth of the plant-based cheese market include changing consumer perception on the importance of health.

With clean label trends taking industries by storm, consumers around the globe are also moving away from animal protein to plant-based protein sources.

On this premise, the market for plant-based cheese is projected to grow at an impressive CAGR of more than 9%.

Key Takeaways of Plant-based Cheese Market Study

Owing to a spurt in healthy lifestyles, North America, led by the U.S. and Canada captured a share of over 30% in 2018

Request for Sample
https://www.factmr.com/connectus/sample?flag=S&rep_id=4549

Retail sales of plant-based milk have paved the way for the growing acceptance of plant-based cheese in North America
APAC due to its enormous food consumption patterns, is noticing an ever increasing plant based cheese market share.

The region is expected to grow at an astounding CAGR of over 11% during the forecast period
In terms of sales channel, plant-based cheese is primarily distributed through indirect sales channels, third parties and affiliates, while direct sales channels have shown considerable decline in the last few years

The increase in the number of organized retail outlets worldwide is one of the key factors that will drive market growth for plant-based cheese
Consumers preferring to purchase plant-based cheese online are expected to boost the e-commerce segment with a CAGR of over 10%.

Need more information about Report Methodology? Click here-
https://www.factmr.com/connectus/sample?flag=RM&rep_id=4549

“The recognition of plant-based dairy products by prominent celebrities and athletes is creating growth opportunities for the plant-based cheese market.

Support from respected health organizations such as the PBFC (Plant-Based Foods of Canada) is also driving demand for plant-based cheese” says the Fact.MR analyst.

Opportunities Abound for New Entrants with Improving Consumption Trends

The plant-based cheese market continues to observe an elevated degree of fragmentation given the nature of the product, with unorganized players maintaining their strong presence.

The degree of fragmentation is higher because many developing Asia Pacific countries are among the leading plant-based cheese producers and consumers.

The key factors that can be attributed to the growth of the unorganized sector in the plant-based cheese market are lax regulations, dominance over domestic supply chains and familiarity with local tastes and preferences.

Full Access of this Exclusive Report is Available at
https://www.factmr.com/checkout/4549/S

Find More Valuable Insights on the Market

Fact.MR, in its new offering, provides an unbiased analysis of the global market for plant-based cheese, with historical data on demand (2013-2018) and expected projections for the period 2019-2027.

The report discloses compelling insights into the demand for plant-based cheese based on source (soy, coconut, cashew, almond, others), form (blocks & wedges, slices, spreads, shreds), sales channel (retail sales (hypermarkets / supermarkets, departmental stores, convenience stores, specialty stores, online retailers), direct sales), end use (household, HoReCa, food processing) across several major regions.

Content Source
https://www.factmr.com/media-release/1328/global-plant-based-cheese-market

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E-Mail: sales@factmr.com
Website : https://www.factmr.com/

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Plant-based cheese market estimated to grow at 9% CAGR and North america offer profitable growth prospects here

News-ID: 2273556 • Views:

More Releases from Fact.MR

Global Data Catalog Market to Explode to $12.3 Billion by 2035, Driven by AI and Data Governance Mandates
Global Data Catalog Market to Explode to $12.3 Billion by 2035, Driven by AI and …
The global Data Catalog Market is undergoing a rapid, technology-driven transformation, shifting its role from a passive metadata repository to an intelligent, active data intelligence platform. Propelled by the exponential growth in complex data and regulatory demands, the market is projected to reach an estimated US$12.32 Billion by 2035, according to leading market analysis. This dramatic surge represents a Compound Annual Growth Rate (CAGR) of 21.9% throughout the forecast period of
Content Delivery Network (CDN) Market to Reach USD 45.2 Billion by 2035 | Akamai Technologies, Tata Communications, Microsoft Corporation, Alibaba Cloud, IBM Corporation, StackPath, Limelight Networks
Content Delivery Network (CDN) Market to Reach USD 45.2 Billion by 2035 | Akamai …
The latest report on the Content Delivery Network (CDN) Market, forecasting robust growth propelled by surging global data traffic, the proliferation of streaming services, and the escalating demand for low-latency digital experiences. Valued at USD 18.5 billion in 2025, the global market is projected to expand at a compound annual growth rate (CAGR) of 9.4%, reaching USD 45.2 billion by 2035. This trajectory reflects the indispensable role of CDNs in
Energy-based Aesthetic Devices Market Grow at a 10.8% CAGR by 2035 | Key Players: Cynosure, Lumenis Ltd., Alma Lasers Inc., Allergan Plc, Cutera, Merz Pharma GmbH & Co. KGaA
09-30-2025 | Health & Medicine
Fact.MR
Energy-based Aesthetic Devices Market Grow at a 10.8% CAGR by 2035 | Key Players …
latest report on the Energy-based Aesthetic Devices Market, forecasting robust growth propelled by surging demand for non-invasive dermatological treatments, technological innovations in laser, radiofrequency, ultrasound, and light-based systems, and heightened beauty awareness among consumers. Valued at USD 5,476.2 million in 2025, the global market is projected to expand at a compound annual growth rate (CAGR) of 10.8%, reaching USD 15,180.4 million by 2035. This trajectory reflects the market's pivotal role
Global Surgical Tourniquets Market Projected to Nearly Triple, Reaching US$1.59 Billion by 2035
09-30-2025 | Health & Medicine
Fact.MR
Global Surgical Tourniquets Market Projected to Nearly Triple, Reaching US$1.59 …
The global surgical tourniquets market is poised for significant expansion over the next decade, driven by a global surge in orthopedic surgeries, heightened demand for safer intraoperative blood control, and major technological advancements in pressure regulation systems. According to a comprehensive analysis by Fact.MR, the market, valued at US 670 millionin 2025,is forecasted to grow at a steady Compound Annual Growth Rate(CAGR) of 91.59 billion. This robust growth trajectory is

All 5 Releases


More Releases for Plant

How to Establish a Modular Switch manufacturing plant Plant
Setting up a modular switch manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Modular Switch Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a modular
How To Setup a Plant Growth Hormones Manufacturing Plant
Setting up a plant growth hormones manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Plant Growth Hormones Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing
Plant-Powered Eating: Trends in the Plant-Based Food Market
The plant-based food market has experienced exponential growth in recent years, driven by increasing consumer awareness of health, environmental sustainability, and ethical considerations. This burgeoning sector encompasses a wide range of products, from plant-based meat alternatives to dairy-free beverages and vegan snacks. In this overview, we'll explore key points, trends, and recent industry news shaping the plant-based food market. Download a Free sample copy of Report:https://www.marketdigits.com/request/sample/3771 Key Companies Profiled Amy's Kitchen Danone S.A. Atlantic
Chocolate Syrup Manufacturing Plant Cost 2023-2028: Manufacturing Process, Plant …
Syndicated Analytics latest report titled "Chocolate Syrup Manufacturing Plant Project Report: Industry Trends, Project Report, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue 2023-2028" covers all the aspects including industry performance, key success and risk factors, manufacturing requirements, project costs, and economics, expected returns on investment, profit margins, etc. required for setting up a chocolate syrup manufacturing plant. The study, which is based both on desk
Garlic Powder Manufacturing Plant 2023-2028: Manufacturing Process, Plant Cost, …
Syndicated Analytics latest report titled "Garlic Powder Plant Project Report: Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue 2023-2028" covers all the aspects including industry performance, key success, and risk factors, manufacturing requirements, project costs, and economics expected returns on investment, profit margins, etc. required for setting up a garlic powder manufacturing plant. The study, which is based both on desk research and multiple
Frozen Food Manufacturing Plant 2023-2028: Project Report, Business Plan, Plant …
Syndicated Analytics latest report titled "Frozen Food Manufacturing Plant Project Report: Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue 2023-2028" covers all the aspects including industry performance, key success, and risk factors, manufacturing requirements, project costs, and economics, expected returns on investment, profit margins, etc. required for setting up a frozen food manufacturing plant. The study, which is based both on desk research and