Cheese Alternatives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Cheese Alternatives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Food

Report Description

Cheese Alternative Market: Introduction:

Cheese alternatives are also termed as imitation cheese or cheese substitute are formulated with enhanced nutritional values compared to the natural cheese. Although, cheese alternatives are similar in formation, characteristics, and application with natural cheese it is processed to offer better health benefits within the dairy-free product range. Cheese alternatives are produced by replacing the milk protein or milk fat either partly or wholly by vegetable proteins and vegetable fats and oils. In general the substitutes as peanut protein, soybean protein or partly hydrogenated vegetable fats such as soybean, palm. Nuts and seed oils can also be a good replacement source such as almond nut oil, cashew nut oil, sunflower oil and, mustard oil.

Cheese Alternatives Market Segmentation

Cheese Alternatives Market is segmented on the basis of source, by application, by end use, by distribution channel, and by region. On the basis of source, cheese alternatives market is segmented as analogue cheese, filled cheese, and tofu-based cheese. Analogue cheese can be manufactured by using dairy ingredients such as butter oil, by using vegetable oil or through the synthetic process by using vegetable protein or oil.

On the basis of application, the Cheese Alternatives market is segmented as; cheese topping, cheese dips, cheese sauces, ready meals, bakery, and others. The cheese alternative products encounter higher utilization in the production of multiple cheese sauces and cheese dips products. The rising demand for cheese alternatives over natural cheese products in food applications is attributed to the high nutritional benefit and lower cost of these substitutes compared to natural cheese.

On the basis of end use, the Cheese Alternatives market can be segmented as household and HoReCa. The rising health concern among consumers and the rising competition across foodservice industry with a demand to innovate and offer recipes with low fat, high nutritional values is creating a potential demand for cheese alternative products in HoReCa segment.

On the basis of the distribution channel, the Cheese Alternatives market is segmented into Modern trade, food retail stores, and online retailers. Modern trade channel is having a larger share in the sales of cheese alternative products and is likely grow further with rising market penetration. Moreover, the online retailers are also anticipated to gain share in value sales of cheese alternative products.

On the basis of region, the Cheese Alternatives market is segmented into North America, Latin America, Europe, Asia Pacific & Japan, and Middle East & Africa. Rising demand for enhanced nutritional product and growing demand for dairy-free products in the North America, Latin America and in the Europe region is creating better market opportunities for players active in the cheese alternatives market in these regions

Cheese Alternatives Market Global Market Trends and Market Drivers:

In the current global scenarios, the demand for dairy-free products is rising across the countries such as U.S., Germany, Norway, U.K., and Denmark. A global rise in population of lactose-intolerant and gluten-intolerant consumers is summing up and resulting in an exponential rise in the demand of dairy-free milk, cheese, and other food products. This provides both an opportunity as well as the challenge for dairy product manufacturers to innovate and offer more and more variants of dairy-free, gluten-free milk and cheese products at competitive price ranges and with multiple health benefits, which is driving the global demand. Moreover, the lower cost of cheese alternatives over the natural cheese products and multiple taste variants availed by the manufacturers is promoting the trend of better taste indulgence among consumers coupled with value for money. This is driving the cheese alternatives market with rising consumption levels. However, the still existing conventional demand for natural cheese across many geographies in the world, especially among the Asian and African countries is restraining the market growth of cheese alternative market to a certain level.

Cheese Alternatives Market Key Players:

Variety of Cheese Alternatives has been formulated by the manufacturers and some of the global market players manufacturing Cheese Alternatives market include; Galaxy Nutritional Foods Inc, DANONE, Bute Island Foods, Dr. Cow tree nut cheese, Follow your heart, Sunergia Soyfoods, Chicago Soydairy among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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