Type (Mozzarella, Cheddar, Gouda)
In terms of type, the mozzarella segment is anticipated to dominate the vegan cheese market with 34% share by the end of 2037. Plant-based mozzarella cheese is often used in applications such as pizza and some pasta dishes, but it can also be found in salads, nachos, and more. The main ingredients used to make vegan mozzarella cheese are also a great alternative for consumers with allergies or lactose intolerance. Moreover, most of the big pizza restaurants like Domino's use pure vegan mozzarella cheese. The use of cashews in the production of mozzarella cheese gives it an incredibly creamy texture. Being cholesterol-free, meatless mozzarella cheese is more widely used by those who have high cholesterol. Due to its dairy-free nature, vegan mozzarella cheese blocks are more likely to be tolerated and absorbed more easily by people with digestive issues. The use of plant-based mozzarella cheese in the food sector is expanding as more and more people are choosing to maintain healthy lifestyles by reducing the fat and calorie content of various food products, such as pizzas, which have approximately 280 calories. This trend reduces the amount of calories in food products.
End Use (Household, Commercial)
In terms of end use, the household segment share in the is estimated to cross 59% by the end of forecast period. In the case of households, as a result of an increasing level of discretionary income and higher levels of interest in spending on quality food products, demand for plant-based cheese has risen. While the trend in household consumption is also indicative of increasing awareness about different health concerns associated with dairy cheese and milk products, this has led to an increased demand for plant-based substitutes.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Parul Atri
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