iCrowd Newswire
23 Feb 2021, 18:33 GMT+10
Description
Cheese alternatives are often referred to as cheese substitute or imitation cheese. The cheese alternative refers to the products that are manufactured with better nutritional values than natural cheese. The characteristics, formation, and application of the cheese alternatives are similar to the natural cheese. But the cheese substitute offers enhanced health benefits to the consumers. The production of the cheese alternatives involves the replacement of milk fat and milk proteins either wholly or partly with the vegetable fats, oils, and vegetable proteins.
A wide variety of cheese alternatives are increasingly becoming available in the global market. Some of the common cheese alternatives are partly hydrogenated vegetable fats like palm, soybean, soybean protein, and peanut protein. Seed and nut oils like cashew nut oil, almond nut oil, mustard oil, and sunflower oil are other effective substitute sources. The growing health consciousness among the young generation is expected to increase the demand for the global cheese alternatives market.
The growth in the demand for gluten-free as well as lactose-free products propels the growth of the cheese alternatives market across the globe. The multiple benefits of the cheese substitutes are a major factor responsible for its growing demand. The low cost of cheese alternatives further augments the global market growth. The availability of the substitute in different variants and tastes further accelerates the growth of the global market. The existence of the demand for natural cheese in many different regions of the world is a potential barrier to the growth of the cheese alternatives market.
The key Manufacturers Profiles :- Follow Your Heart, Daiya, Tofutti, Heidi Ho, Kite Hill, Dr. Cow Tree Nut Cheese, Uhrenholt A/S, Miyoko's Kitchen, Vtopian Artisan Cheeses, Punk Rawk Labs, Violife, Parmela, Creamery, Treeline Treenut Cheese
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Global Market Segmentation
The global market of cheese alternatives is segmented based on application, end-user, source, distribution channel, and region.
Depending on the application, the global market is fragmented into cheese dips, cheese toppings, bakery, ready meals, and cheese sauces.
Based on the end-user, the global cheese alternatives market is segmented into household, retail, and catering.
Depending on the source, the global market is further divided into soy cheese, cashew cheese, tofu-based cheese, filled cheese, and analogue cheese.
Based on the distribution channel, the cheese alternatives market is segregated into online retailers, modern trade, and food retail stores. The modern trade segment holds the highest share in the global market.
Geographical Market Classification
The global market covers the important regions of cheese alternatives. The global market of cheese alternatives is segmented into the North America region, Europe region, Asia Pacific region, Latin America region, the Middle East and Africa region, and South America region. The regions of Latin America, North America, and Europe are the leading segments of the global cheese alternatives market. The growing demand for the dairy-free products in the regions accounts for the leading position. The increase in awareness among the people of North America and Europe about the high nutritional value of cheese substitutes drives the market growth in the regions.
Latest Industry News
The top players of the industry are involved in the innovation of the cheese alternatives to make them more appealing for the consumers. The availability of cheese substitutes in different flavors and tastes leads to the growth of the global market. The collaboration and partnerships among the top players will further benefit the cheese alternatives market in the coming years.
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