Vegan cheese is a non-dairy or plant cheese analogue aimed at vegans and other people who want to avoid animal products, including those who are lactose-intolerant. As with plant milk, vegan cheese can be made from cashews, sesame seeds, sunflower seeds, soybeans, coconut oil, rice, almonds and other nuts, and nutritional yeast.
Processed cheese (also known as prepared cheese, cheese product, plastic cheese, or cheese singles) is a food product made from cheese (and sometimes other, unfermented, dairy by-product ingredients); plus emulsifiers, saturated vegetable oils, extra salt, food colorings, whey or sugar. As a result, many flavors, colors, and textures of processed cheese exist.
The industrial concentration of Vegan Cheese and Processed Cheeses is relatively low. Kraft is the largest manufacture, with the sales of 332.03 K MT. in the USA in 2017, occupied about 28.57% market share. Other leading players in Vegan Cheese and Processed Cheeses industry are Dairy Farmers of America, Land O Lakes, Crystal Farms, Follow Your Heart and Daiya. The top three companies occupied about 38.96% production share of the market in 2017.
Under the influence of raw material, the price of Vegan Cheese and Processed Cheeses remained fall slightly in recent years. The price of Processed Cheese is 7.98 USD/Kg. and the price of Vegan Cheese is 23.72 USD/Kg in 2017. In the next few years, with more and more new companies entering the market, we predict that price will fall slightly.
Over the next five years, LPI(LP Information) projects that Vegan Cheese and Processed Cheeses will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Dairy Farmers of America
Land O Lakes
Follow Your Heart
Dr. Cow Tree Nut Cheese
Vtopian Artisan Cheeses
Punk Rawk Labs
Treeline Treenut Cheese
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into