Vegan Cheese Market Size, Share, Growth Analysis, By Source(Soy, Almond, Cashew, Coconut), By End-User(B2B, B2C), By Region - Industry Forecast 2024-2031

Numerous small- and large-scale manufacturers are launching mergers and acquisitions as well as new product innovations to achieve consolidation and optimize their products, the leading non-dairy cheese brands are faced with intense competition. The non-dairy cheese market is expanding more quickly thanks in large part to the internet selling platform. Furthermore, manufacturers have an advantage in expanding their product line globally because of distribution networks and superior manufacturing expertise. For instance, in January 2022, Aldi U.K. launched vegan cheese sold under the chain’s Plant Menu brand. It is made from coconut oil and is free of gluten and soy.

Top Players in the Global Vegan Cheese Market

• Daiya Foods
• Violife Foods
• Kite Hill
• Field Roast Grain Meat Co.
• Miyoko's Creamery
• Follow Your Heart
• Tofutti Brands Inc.
• Good Planet Foods
• Nush Foods
• Treeline Cheese
• Vtopian Artisan Cheeses
• Nuttin Ordinary
• Punk Rawk Labs
• Dr. Cow Tree Nut Cheese
• GreenSpace Brands Inc.
• Heidi Ho
• Parmela Creamery
• The Frauxmagerie
• Kinda Co.
• Wildwood Foods

Vegan Cheese Market Recent Development

• In 2021, Feel Foods Ltd declared that it had completed its arm’s length acquisition of British Columbia-based vegan cheese company “Black Sheep Vegan Cheeze Company Corp.”. This acquisition targets to increase the production volume of vegan cheese as per the high demand of consumers and to expand its business operations.
• In 2021, Miyoko’s Creamery introduced its new product, which is a vegan cheddar cheese snack in the regions of the United States. These vegan cheddar sticks are lactose-free, gluten-free, soy-free, and cashew-free, and only consist of oats and legumes. The company launched this product due to the high demand for plant-based dairy products.