Europe Vegan Cheese Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type (Mozzarella, Parmesan, Cheddar, Cream Cheese, Ricotta, and Others), Form (Slices, Diced/Cubes, Shredded, Blocks, Spreads, and Others), Source (Almond Milk, Soy Milk, Coconut Milk, Cashew Milk, and Others), and Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Specialty Stores, Online, and Others)

TIPRE00017227 | Pages: 85 | Food and Beverages | Dec 2020 | Type: Regional | Status: Published

Europe Vegan Cheese Market Forecast to 2027 – COVID-19 Impact and Analysis - By Product Type (Mozzarella, Parmesan, Cheddar, Cream Cheese, Ricotta, and Others), Form (Slices, Diced/Cubes, Shredded, Blocks, Spreads, and Others), Source (Almond Milk, Soy Milk, Coconut Milk, Cashew Milk, and Others), and Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Specialty Stores, Online, and Others)

Number of Pages: 85

Market Introduction

European continent comprises several developed and developing economies such as Germany, France, Italy, UK, and Russia, among others. Transforming lifestyle trends concerning the food and beverage industry has had a noteworthy influence on the vegan cheese market in Europe. The market for vegan cheese in Europe is witnessing growth owing to the presence of well-established players such as Daiya Foods Inc., Field Roast, Follow Your Heart, Nush Foods, and others in this region. With increasing health consciousness among the consumers, the demand for vegan protein products in the region is expected to continue to grow over the projected period. The popularity of the vegan protein has increased within the region, particularly in Germany, France, and the UK. Transforming lifestyle trends concerning the food and beverage industry has had a noteworthy influence on the vegan cheese market in Europe.

Market Overview and Dynamics

The Vegan Cheese market in Europe is expected to grow from US$ 989.05 million in 2019 to US$ 1711.82 million by 2027; it is estimated to grow at a CAGR of 7.2% 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 globe. The low cholesterol level of the vegan cheese has been the prime factor that helps in the prevention of cardiovascular disease. Development in new products like microorganism-cultured vegan cheese is expected to provide lucrative opportunities to the vegan cheese market in the upcoming years.

COVID 19 has impacted the major countries of Europe. Most of the countries in the region are under lockdown, which is impacting the Vegan Cheese market. This is likely to impact the food and beverages industry in the region, mainly due disrupted supply and distribution chains.

 

 

Key Market Segments

In terms of product type, the mozzarella segment accounted for the largest share of the Europe Vegan Cheese market. In 2019 In terms of form, blocks held the largest market share in 2019. In terms of source, almond milk sector accounted for the largest share of the Europe Vegan Cheese market.

 

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Europe Vegan Cheese market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Daiya foods Inc., Field roast, Follow your heart, and Nush Foods.

Reasons to Buy Report

  • Understand the Europe Vegan Cheese market landscape and identify segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive market landscape in Europe
  • Efficiently plan mergers and acquisitions, and partnership deals in the Europe Vegan Cheese market by identifying market segments with the most promising probable sales
  • Take knowledgeable business decisions from perceptive and comprehensive analysis of performance of various market segments
  • Obtain market revenue forecast for market by various segments for the period 2019–2027

Europe Vegan Cheese Market Segmentation

Europe Vegan Cheese market, by Product Type

  • Mozzarella
  • Parmesan
  • Cheddar
  • Cream Cheese
  • Ricotta
  • Others

Europe Vegan Cheese market, by Form

  • Slices
  • Diced/Cubes
  • Shredded
  • Blocks
  • Spreads
  • Others

Europe Vegan Cheese market – by Source

  • Almond Milk
  • Soy Milk
  • Coconut Milk
  • Cashew Milk
  • Others

Europe Vegan Cheese market – by Distribution Channel

  • Hypermarkets and Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online
  • Others

Europe Vegan Cheese Market – by Country

    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe

Company Profiles

  • Daiya foods Inc.
  • Field roast
  • Follow your heart
  • Nush Foods

 

 

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.           Vegan Cheese Market Landscape

4.1         Market Overview

4.2         Europe PEST Analysis

4.3         Expert Opinion

5.           Vegan Cheese Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Vegan Cheese provides various health benefits to the consumers

5.1.2        Increase in the cases of lactose intolerance among the consumers will boost the vegan cheese market

5.2         Market Restraints

5.2.1        Higher preference for dairy cheese as compared to vegan cheese

5.3         Market Opportunities

5.3.1        Increasing demand from the Asia Pacific region

5.4         Future Trends

5.4.1        Introduction of cell-based vegan cheese

5.5         Impact Analysis of Drivers and Restraints

6.           Vegan Cheese –Europe Market Analysis

6.1         Vegan Cheese Market Overview

6.2         Europe Vegan Cheese Market –Revenue and Forecast to 2027 (US$ Mn)

7.           Vegan Cheese Market Analysis – By Product Type

7.1         Overview

7.2         Europe Vegan Cheese Market, By Product Type (2019 and 2027)

7.3         Mozzarella

7.3.1        Overview

7.3.1.1          Mozzarella: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

7.4         Parmesan

7.4.1        Overview

7.4.1.1          Parmesan: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

7.5         Cheddar

7.5.1        Overview

7.5.1.1          Cheddar: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

7.6         Cream Cheese

7.6.1        Overview

7.6.1.1          Cream Cheese: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

7.7         Ricotta

7.7.1        Overview

7.7.1.1          Ricotta: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

7.8         Others

7.8.1        Overview

7.8.1.1          Others: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

8.           Vegan Cheese Market Analysis – By Form

8.1         Overview

8.2         Europe Vegan Cheese Market, By Form (2019 and 2027)

8.3         Slices

8.3.1        Overview

8.3.2        Slices: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

8.4         Diced/Cubes

8.4.1        Overview

8.4.2        Diced/Cubes: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

8.5         Shredded

8.5.1        Overview

8.5.2        Shredded: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

8.6         Blocks

8.6.1        Overview

8.6.2        Blocks: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

8.7         Spreads

8.7.1        Overview

8.7.2        Spreads: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

8.8         Others

8.8.1        Overview

8.8.2        Others: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

9.           Vegan Cheese Market Analysis – By Source

9.1         Overview

9.2         Europe Vegan Cheese Market, By Source (2019 and 2027)

9.3         Almond Milk

9.3.1        Overview

9.3.1.1          Almond Milk: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

9.4         Soy Milk

9.4.1        Overview

9.4.1.1          Soy Milk: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

9.5         Coconut Milk

9.5.1        Overview

9.5.1.1          Coconut Milk: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

9.6         Cashew Milk

9.6.1        Overview

9.6.1.1          Cashew Milk: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

9.7         Others

9.7.1        Overview

9.7.1.1          Others: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

10.        Vegan Cheese Market Analysis – By Distribution Channel

10.1      Overview

10.2      Europe Vegan Cheese Market, By Distribution Channel (2019 and 2027)

10.3      Supermarket and Hypermarkets

10.3.1     Overview

10.3.1.1       Supermarkets and Hypermarkets: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

10.4      Convenience Stores

10.4.1     Overview

10.4.1.1       Convenience Stores: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

10.5      Specialty Stores

10.5.1     Overview

10.5.1.1       Specialty stores: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

10.6      Online

10.6.1     Overview

10.6.1.1       Online: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

10.7      Others

10.7.1     Overview

10.7.1.1       Others: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

11.        Vegan Cheese Market – Country Analysis

11.1      Overview

11.1.1     Europe: Vegan Cheese Market, by Key Country

11.1.1.1       Germany: Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

11.1.1.1.1       Germany: Vegan Cheese Market, by Product Type

11.1.1.1.2       Germany: Vegan Cheese Market, by Form

11.1.1.1.3       Germany: Vegan Cheese Market, by Source

11.1.1.1.4       Germany: Vegan Cheese Market, by Distribution Channel

11.1.1.2       France: Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

11.1.1.2.1       France: Vegan Cheese Market, by Product Type

11.1.1.2.2       France: Vegan Cheese Market, by Form

11.1.1.2.3       France: Vegan Cheese Market, by Source

11.1.1.2.4       France: Vegan Cheese Market, by Distribution Channel

11.1.1.3       Italy: Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

11.1.1.3.1       Italy: Vegan Cheese Market, by Product Type

11.1.1.3.2       Italy: Vegan Cheese Market, by Form

11.1.1.3.3       Italy: Vegan Cheese Market, by Source

11.1.1.3.4       Italy: Vegan Cheese Market, by Distribution Channel

11.1.1.4       United Kingdom: Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

11.1.1.4.1       United Kingdom: Vegan Cheese Market, by Product Type

11.1.1.4.2       United Kingdom: Vegan Cheese Market, by Form

11.1.1.4.3       United Kingdom: Vegan Cheese Market, by Source

11.1.1.4.4       United Kingdom: Vegan Cheese Market, by Distribution Channel

11.1.1.5       Russia: Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

11.1.1.5.1       Russia: Vegan Cheese Market, by Product Type

11.1.1.5.2       Russia: Vegan Cheese Market, by Form

11.1.1.5.3       Russia: Vegan Cheese Market, by Source

11.1.1.5.4       Russia: Vegan Cheese Market, by Distribution Channel

11.1.1.6       Rest of Europe: Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

11.1.1.6.1       Rest of Europe: Vegan Cheese Market, by Product Type

11.1.1.6.2       Rest of Europe: Vegan Cheese Market, by Form

11.1.1.6.3       Rest of Europe: Vegan Cheese Market, by Source

11.1.1.6.4       Rest of Europe: Vegan Cheese Market, by Distribution Channel

12.        Impact of COVID-19 Pandemic on Europe Vegan Cheese Market

12.1      Europe: Impact assessment of COVID-19 Pandemic

13.        Key Company Profiles

13.1      Daiya Foods Inc.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.2      Field Roast

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Follow Your Heart

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.4      Nush Foods

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Glossary

 


LIST OF TABLES

Table 1.             Europe Vegan Cheese Market –Revenue and Forecast to 2027 (US$ Mn)

Table 2.             Germany: Vegan Cheese Market, by Product Type –Revenue and Forecast to 2027 (US$ Mn)

Table 3.             Germany: Vegan Cheese Market, by Form–Revenue and Forecast to 2027 (US$ Mn)

Table 4.             Germany: Vegan Cheese Market, by Source –Revenue and Forecast to 2027 (US$ Mn)

Table 5.             Germany: Vegan Cheese Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Mn)

Table 6.             France: Vegan Cheese Market, by Product Type –Revenue and Forecast to 2027 (US$ Mn)

Table 7.             France: Vegan Cheese Market, by Form–Revenue and Forecast to 2027 (US$ Mn)

Table 8.             France: Vegan Cheese Market, by Source –Revenue and Forecast to 2027 (US$ Mn)

Table 9.             France: Vegan Cheese Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Mn)

Table 10.          Italy: Vegan Cheese Market, by Product Type –Revenue and Forecast to 2027 (US$ Mn)

Table 11.          Italy: Vegan Cheese Market, by Form–Revenue and Forecast to 2027 (US$ Mn)

Table 12.          Italy: Vegan Cheese Market, by Source –Revenue and Forecast to 2027 (US$ Mn)

Table 13.          Italy: Vegan Cheese Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Mn)

Table 14.          United Kingdom: Vegan Cheese Market, by Product Type –Revenue and Forecast to 2027 (US$ Mn)

Table 15.          United Kingdom: Vegan Cheese Market, by Form–Revenue and Forecast to 2027 (US$ Mn)

Table 16.          United Kingdom: Vegan Cheese Market, by Source –Revenue and Forecast to 2027 (US$ Mn)

Table 17.          United Kingdom: Vegan Cheese Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Mn)

Table 18.          Russia: Vegan Cheese Market, by Product Type –Revenue and Forecast to 2027 (US$ Mn)

Table 19.          Russia: Vegan Cheese Market, by Form–Revenue and Forecast to 2027 (US$ Mn)

Table 20.          Russia: Vegan Cheese Market, by Source –Revenue and Forecast to 2027 (US$ Mn)

Table 21.          Russia: Vegan Cheese Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Mn)

Table 22.          Rest of Europe: Vegan Cheese Market, by Product Type –Revenue and Forecast to 2027 (US$ Mn)

Table 23.          Rest of Europe: Vegan Cheese Market, by Form–Revenue and Forecast to 2027 (US$ Mn)

Table 24.          Rest of Europe: Vegan Cheese Market, by Source –Revenue and Forecast to 2027 (US$ Mn)

Table 25.          Rest of Europe: Vegan Cheese Market, by Distribution Channel–Revenue and Forecast to 2027 (US$ Mn)

Table 26.          Glossary of Terms, Europe Vegan Cheese Market

 


LIST OF FIGURES

Figure 1.           Europe Vegan Cheese Market Segmentation

Figure 2.           Europe Vegan Cheese Market Segmentation – By Country

Figure 3.           Europe Vegan Cheese Market Overview

Figure 4.           Almond Milk Segment Held Largest Share of Europe Vegan Cheese Market

Figure 5.           Germany Held Largest Share of Europe Vegan cheese Market

Figure 6.           Europe Vegan Cheese Market, Key Market Players

Figure 7.           Europe: PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           Europe Vegan Cheese Market Impact Analysis of Drivers and Restraints

Figure 10.        Europe: Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 11.        Europe Vegan Cheese Market Revenue Share, by Product Type (2019 and 2027)

Figure 12.        Mozzarella: Europe Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 13.        Parmesan: Europe Vegan Cheese Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 14.        Cheddar: Europe Vegan Cheese Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 15.        Cream Cheese: Europe Vegan Cheese Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 16.        Ricotta: Europe Vegan Cheese Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 17.        Others: Europe Vegan Cheese Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 18.        Europe Vegan Cheese Market Revenue Share, by Form (2019 and 2027)

Figure 19.        Slices: Europe Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 20.        Diced/Cubes: Europe Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 21.        Shredded: Europe Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 22.        Blocks: Europe Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 23.        Spreads: Europe Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 24.        Others: Europe Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 25.        Europe Vegan Cheese Market Revenue Share, by Source (2019 and 2027)

Figure 26.        Almond Milk: Europe Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 27.        Soy Milk: Europe Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 28.        Coconut Milk: Europe Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 29.        Cashew Milk: Europe Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 30.        Others: Europe Vegan Cheese Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 31.        Europe Vegan Cheese Market Revenue Share, by Distribution Channel (2019 and 2027)

Figure 32.        Supermarkets and Hypermarkets: Europe Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 33.        Convenience Stores: Europe Vegan Cheese Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 34.        Specialty stores: Europe Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 35.        Online: Europe Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 36.        Others: Europe Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 37.        Europe: Vegan Cheese Market Revenue Share, by Key Country (2019 and 2027)

Figure 38.        Germany: Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 39.        France: Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 40.        Italy: Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 41.        United Kingdom: Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 42.        Russia: Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 43.        Rest of Europe: Vegan Cheese Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 44.        Impact of COVID-19 Pandemic in Europe Country Markets

 

The List of Companies- Europe Vegan Cheese Market

  1. DAIYA FOODS INC.
  2. FIELD ROAST
  3. FOLLOW YOUR HEART
  4. NUSH FOODS
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Vegan Cheese market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe Vegan Cheese market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Vegan Cheese market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution. 
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