Vegan Cheese Market Expected to Grow 15.5% Per Year from 2021 to 2027 |  Demand and Industry Growth - World News Report

Vegan Cheese Market Expected to Grow 15.5% Per Year from 2021 to 2027 | Demand and Industry Growth – World News Report

Vegan Cheese Market

Vegan Cheese Market by Product, Source and End Use: Global Opportunity Analysis and Industry Forecast 2021-2027

PORTLAND, Oregon, USA, August 31, 2022 / — The trend to launch plant-based products as an alternative to dairy is taking over the world. This is due to an increase in the number of vegans, an increase in concerns about the welfare and health of animals, and a tendency for people with dairy allergies to plant-based foods. These plant-based foods contain nutrients such as vitamins, proteins, and carbohydrates, just like dairy products. What’s more, the fat content of vegan products is much lower than that of dairy products. That’s why the vegan population is growing. Eating vegan products has a beneficial effect on a person.

Among the many vegan foods adopted by urban and millennial populations, vegan cheese is one of the staple foods. Fast food establishments, hotels, cafes and restaurants have started using vegan cheese as a snack to meet the demand from a huge percentage of the population. New products make their way to the market and hit the shelves. Moreover, millennials are finding new recipes for making vegan cheese. They use ingredients such as almonds, raw cashews, chipotle, potatoes, soybeans, carrots, garlic, various herbs, peppers, coconut, and more to make cheese and ditch dairy cheese forever.

Market participants use innovative methods for the production of vegan cheese products. They use the fermentation process and plant sources to produce different types of cheese. These products mimic the taste of milk cheese through the use of herbal ingredients. These foods are gaining popularity around the world as the popularity of veganism rises. The demand for vegan cheese is expected to rise in the coming years. According to a report published by Allied Market Research, the global vegan cheese market is expected to generate $4.42 billion by 2027. Below are some of the activities taking place around the world.

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New companies have been founded and their new products hit the market. These companies have introduced a completely different category of vegan cheese products to mitigate the environmental and health impact of dairy cheese. Live Yum Foods was founded with the goal of offering 100% plant-based cheese. In addition, its cheese products are free of artificial ingredients, gluten and nuts. The homegrown brand from India produces two types of cheese: mozzarella and cheddar. Vegan mozzarella cheese melts just like milk cheese and can be used in pasta, pizza and other dishes. In addition, vegan cheddar cheese can be used for grilled cheese sandwiches, mac and cheese, and other dishes. The company plans to launch vegan cheese slices. These slices are expected to have a soft and creamy texture. In addition, they will not contain any chemical ingredients. They can be used for rolls, wraps, burgers and more.

Veganists and animal rights activists are founding companies offering vegan products, especially cheese. The Bombay Cheese Company was founded to produce plant-based products, specifically cheese, to promote veganism. The company released its first block of cheddar cheese. These cheese blocks are plant-based alternatives and are made from potatoes and healthy oils. In addition, they do not contain cholesterol and have a rich taste. The company’s goal is to offer organic, plant-based products to promote veganism at affordable prices.

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Many companies are entering the market to offer plant-based cheese that mimics the taste of milk cheese. Treeline is another vegan cheese company that offers shredded cheese products with mozzarella, cheddar, and soft goat cheese. The company emphasized that it uses cashew nuts and a vegan probiotic culture in the vegan cheese production process. He grinds cashew nuts and cultivates them with a vegan probiotic culture known as Lactobacillus acidophilus. This culture is traditionally used by cheese makers to convert sugar into lactic acid. The aromatic flavors are extracted from plant sources and mimic the flavors used in milk cheese. The process produces cheese products that do not contain whey or casein.

Innovative fermentation methods are used by many companies to produce vegan cheese products. Miyoko’s Creamery is another company that produces plant-based cheese through a fermentation process. This method produces various cheeses based on cashews and mozzarella. Vegan cheese producers are growing through the use of the fermentation process. The trend is expected to continue in the coming years.

Related reports:
The global vegan food market is expected to reach $31.4 billion by 2026
Vegan supplement market expected to reach $13,598.7 million by 2028

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business advisory division of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises and SMBs with the unrivaled quality of Market Research Reports and Business Intelligence Solutions. AMR is dedicated to providing business intelligence and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market areas. AMR offers services across 11 industry verticals including Life Sciences, Consumer Products, Materials & Chemicals, Construction & Manufacturing, Food & Beverage, Energy & Power, Semiconductors & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense , as well as BFSI.

We maintain professional corporate relationships with various companies and this helps us to find market data that helps us to create accurate research data tables and confirms the maximum accuracy of our market forecasts. Without exception, all the data presented in the reports published by us were obtained as a result of primary interviews with top officials of leading companies in the relevant field. Our methodology for obtaining secondary data includes in-depth online and offline research and discussions with knowledgeable professionals and analysts in the industry.

David Correa
Allied Analytics LLP
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