Global Non-dairy cheese market share – Overview
The Global Non-dairy cheese market share has witnessed continued demand during the last few years. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on ‘Global Non-dairy cheese market share Research Report- Forecast to 2023’ that the market will demonstrate an exceptional CAGR % while achieving good growth rapidly in the forecast period.
The demand for non-dairy cheese market share is escalating due to various factors. Increasing prevalence of lactose intolerance among the consumers across the globe is primarily driving the market for non-dairy cheese. Consumers undergoing lactose intolerance are highly inclined towards consumption of non-dairy products due to lack of enzyme (lactase) in their small intestine to break down all the lactose consumed. Moreover, dairy-free cheese is convenient alternative to dairy cheese and is commercially available worldwide.
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Also, vegans look for alternatives of animal ingredients and replace it with vegan ingredients. For which, increasing popularity of vegan diet among the consumers is having a positive impact on the growth of non-dairy cheese market share. Increasing demand for cheese in foodservice industry is further boosting the growth of the market. Additionally, growth of organized retail industry is positively contributing to the growth of the market.
Latest Industry Updates
March 2017 Daiya Foods Inc. has launched its new Non-dairy Cheese product named as Daiya Slices
January 2017 Tofutti Brands Inc. introduced mozzarella Non-dairy Cheese. By this product, the company is entering into the pizza market.
March 2017 Daiya Foods Inc. has introduced the new non-dairy cheese products named as “Shreds”
February 2017 Galaxy Nutritional Foods, Inc. launched new Vegan Snack Bars in two unique flavors – White American and White Cheddar & Meatless Bacon
January 2016 Galaxy Nutritional Foods, Inc. has extended their Go Veggie product line by introducing GO VEGGIE® Lactose & Soy Free Deli Cut Slices
March 2017 Violife Foods introduced violife creamy herbs
Global Non-dairy cheese market share - Competitive Analysis
Market players in non-dairy cheese industry share are witnessed to be highly investing on product development and continuous product improvement to satisfy the consumer needs. Manufacturers rely on tapioca and arrowroot flour to prepare dairy-free cheeses, due to their abilities to dissolve easily and more clearly and hold up better in conjunction with acids, being lower in protein than grain starches. The strategic sales plan of dairy-free manufacturers includes use of online channels for marketing and distributing the products along with product promotion in exhibitions and other platforms and choosing right marketing strategies which gives out a clear to target audience and which is not aggressive to deliver anti-milk message.
Key industrial players create and run awareness campaign to educate consumers and drive them to make a rational choice. Dairy-free producers have collaborated with healthcare and medical advisors to arrange consumer awareness campaigns to help them choose healthier products and help lactose intolerant to shift to dairy alternatives. The key players profiled in global non-dairy cheese market share report are Daiya Foods Inc. (Canada), Galaxy Nutritional Foods, Inc. (U.S.), Violife Foods (Greece), Kite Hill Cheese (U.S.), Tofutti Brands Inc. (U.S.), Bute Island Foods Ltd (U.K.), and Follow Your Heart (U.S.) among many others.
Global Non-dairy cheese market share – Segments
Global non-dairy cheese market share has been divided into source, application, product type, distribution channel and Region
On the Basis of source: Soy milk, almond milk, coconut milk, rice milk, and Others
On the Basis of application: Fast food snack, dips & sauces, bakery & confectionery, and Others
On the Basis of product type: Mozzarella, paremsan, cheddar, cream cheese, and Others
On the Basis of distribution channel: Store based, and Non-store based
On the Basis of Region: North America, Europe, Asia Pacific, and Rest of the World
Global Non-dairy cheese market share - Regional Analysis
Based on region, the global non-dairy cheese market share is segmented into North America, Europe, Asia Pacific and RoW. Europe is predicted to hold the maximum market share over the review period. Growing prevalence of lactose intolerance among the consumers in Western European countries is positively contributing to the overall increase in demand for non-dairy cheese. Moreover, rising urbanization followed by increasing disposable income is predicted to be driving the growth of non- dairy cheese market in this region. However, North America is also an attractive market for the Non-Dairy Cheese manufacturers during the forecast period. Asia Pacific region is expected to be the fastest growing region in the upcoming decade due to the changing consumer lifestyles coupled with the increasing acceptance of the western culture.
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