Recent Trends in Food and Beverage Industry will Contribute Significantly to Growth of the Cheese Analogue Market, Says Fact.MR

Cheese analogue has grown from 3% of the global cheese demand in 2008 to over 5% in 2017. The demand for cheese analogue has grown significantly in the recent past owing to change in consumers’ food habits. The urban population who crave for dishes and cuisines with cheese are the key demand boosters for cheese analogue globally. Pizza is one of the foods whose demand has grown worldwide, which has also augmented the cheese analogue market in this sub-sector.

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Demand-supply gap of natural cheese is pivotal to the growth in demand of cheese analogue

While the cheese demand grows, the pressure on cheese manufacturers has been increasing to scale up their capacity. Still, it has been noted that with the growth in demand is increasing at a faster pace as compared to the increase in production. This necessitates the demand for cheese analogues to fill the non-satiated areas. In the countries with lower milk production, cheese analogue is a boon.

Veganism trend emerges as a silent driver for cheese analogue demand

Vegan population has surged significantly in the recent past owing to several reasons including the growing number of people with lactose intolerance, people’s conscience for animal welfare and trend of veganism represented by sportspeople and movie stars. This factor has also augmented the demand for cheese analogue, though not significantly.

Essential Takeaways from the Market Report

Comparison of prominent players operating in the market.
Identification of Cheese Analogue market drivers, restraints and other forces impacting the global Market
Recent developments and key strategies adopted by market players.
Study of the micro and macro-economic growth indicators.
Impact of the various factors on the value chain of the market.
Evaluation of current Cheese Analogue market size and forecast and technological advancements within the industry.

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Regional analysis for Cheese Analogue includes:

North America (U.S., Canada)
Latin America (Brazil, Mexico, Rest of North America)
Europe (Germany, Italy, France, U.K, Spain, BENELUX, Russia, Rest of Europe)
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Indonesia, Malaysia, Rest of South Asia)
Oceania (Australia, New Zealand)
Highly competitive cheese analogue market

The key companies offering cheese analogue includes Follow Your Heart, Daiya Foods Inc., Tofutti Brands Inc., Heidi Ho, Kite Hill, Dr-Cow Tree Nut Cheese, Uhrenholt Seafood A/S, Bute Island Foods Ltd, Vtopian Artisan Cheese, Punk Rawk Labs, Violife Foods, Parmela Creamery, and Treeline Treenut Cheese. Besides, several new entrants at regional level has been intensifying the cheese analogue market growth.

The Report Covers Exhaustive Analysis On:

Cheese Analogue Market Drivers, Segments and Restraints.
Cheese Analogue Market Survey and Dynamics
Cheese Analogue Market Size & Demand
Cheese Analogue Key Trends/Issues/Challenges
Cheese Analogue Sales, Competition & Companies involved

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