Middle East & Africa Vegan Cheese Market Analysis and Forecast 2019-2028
$2,300.00 – $4,800.00
The growth of Continental Restaurants and Cafes to catalyse the growth of the Middle East & African market
The Middle East & African vegan cheese market is expected to grow at a CAGR of 12.2% in the forecast period of 2022-2028. The market is expected to grow primarily due to the growing awareness about animal cruelty and the environmental and health benefits of adopting a vegan diet.
- Rising personal disposable income, shifting tastes and preferences for and increasing adoption of the western lifestyle is also expected to fuel the demand for vegan cheese across the globe.
- In addition, the use of Mozzarella in Italian recipes like spaghetti, pizza, croquettes, and Caprese salad. In nations where Italian cuisine is well-liked, there is a notably high demand for mozzarella.
- However, Plant-based Ricotta is expected to grow at a prominent rate, with a CAGR of more than 16% during the forecast period.
Furthermore, the food service industry has significantly contributed to the growth of the vegan cheese market, as hotels, restaurants, and fast-food outlets label their products with vegan cheese and serve vegan cheese as an appetizer. The lactose-intolerant population or allergic to dairy are becoming more concerned about the availability of plant-based cheese in the Middle East & African markets.
According to RationalStat Analysis, demand for plant-based cheese is increasing at an exponential rate, with a market value of US$ 6.5 billion expected by the end of 2028. Middle East & Africa is expected to account for a meager share of 5% by the end of the forecast period.
Some countries to create a growth trajectory while others face Government bans, creating a Roller Coaster ride for the Middle East & African Vegan Cheese Market.
More innovation is expected in this space in the next few years, with new sustainable crops being used to produce nutritious alternatives to milk. Currently, there are various product innovations, including almond with cocoa; coconut and almond milk; fortified plant milk with calcium; almond and vanilla, etc.
However, the Turkish government made an unprecedented move to officially ban the production and sale of vegan cheese alternatives in the country. According to the Vegan Association of Turkey (TVD), producers of vegan cheese have recently reported that they can no longer sell their products and that factories were to be inspected.
Moreover, the companies producing vegan cheese are expected to be fined heavily and vegan cheese products have been withdrawn from the market, leaving consumers without access to these products.
UAE constitutes a huge market share in the Middle East & Africa Vegan Cheese Market
The Middle East & Africa Vegan Cheese market is segmented into the Middle East & African regions. UAE holds the major share in the Middle East & Africa Vegan Cheese market, owing to the rapid adoption of plant-based dairy and dairy products which are expected to escalate the growth of the vegan cheese market.
In addition, plant milk, which is considered a healthier alternative dairy, has gained popularity among Middle East & African consumers, which is expected further increase the demand for plant milk and plant-based milk products.
Plant milk consumption in the UAE is expected to increase by up to 50% by 2020. Increasing health concerns, such as lactose intolerance and hormonal imbalances, which are exacerbated by dairy products, have increased the demand for alternative products.
Moreover, another factor contributing to the growth of the Middle East & African vegan cheese market consumers is the rapidly growing population opting for plant milk, which makes consumers feel less bloated. Furthermore, in the food service industry, cafes and restaurants are now offering plant milk and milk-based products as dairy milk substitutes to customers.
Market Structure and Competitive Landscape
The Middle East & Africa Vegan Cheese market is fragmented in nature with various players operating in the market, due to the rapid adoption of vegan cheese. Most of the leading players are regional players which are expected to own a major share of the market in the forthcoming years. However, the region is expected to witness growth in start-up culture, backed by venture capitalists and their relatively implausible future growth aspects.
Some of the prominent players that have fueled the growth of the Middle East & Africa Vegan Cheese market are Miyoko’s Creamery, Violife, Grattaveg, Mozarella Flavour Slices, Mommus, Muffervert, Grattì, Bute Island Foods Ltd, Be Vegan, Freakin’ Healthy among Others.
These players adopt various strategies to reinforce their market share and gain a competitive edge over other competitors in the market. Product launches, Partnerships, and collaborations are some of the strategies followed by industry players. Some of the key developments in the Middle East & Africa Vegan Cheese market include,
- Next Gen Foods released their TiNDLE chicken made from soy and wheat protein in Singapore restaurants and plans to expand to additional APAC countries, the US, Europe, and the Middle East.
- Starbucks also launched new plant-based collaborations in Hong Kong, Indonesia, and the Middle East.
Key Market Segmentation
RationalStat has segmented Middle East & Africa Vegan Cheese based on cheese type, source, end user, form, application, sales channel, and region.
- By Vegan Cheese Type
- Mozzarella
- Parmesan
- Cheddar
- Cream Vegan Cheese
- Ricotta
- Others (Gouda, Pepper Jack, etc.)
- By Source
- Almond Milk
- Soy Milk
- Coconut Milk
- Cashew Milk
- Others (Pine Nuts, Hazelnut, etc.)
- By End User
- Commercial
- Food Processing
- HoReCa
- Retail
- Personal (Household)
- Commercial
- By Form
- Shredded
- Blocks
- Slices
- Others (Spread, Cubes, etc.)
- By Application
- Baked Goods
- Fast Food Snacks
- Processed and Packed Food
- Dairy and Desserts
- Dips and Sauces
- Dressings
- By Sales Channel
- Online Channel (e-commerce)
- Offline Stores
- Retail Stores
- Hypermarkets/Supermarkets
- By Region
- Middle East
- GCC
- South Africa
- Bahrain
- Kuwait
- Oman
- Qatar
- UAE
- Turkey
- Rest of Middle East
- GCC
- Africa
- South Africa
- Rest of Africa
- Middle East
Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide clients with the best possible real-time insights. We combine various industry experiences, data analytics, and experts’ viewpoints to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
Secondary Sources
- Annual reports, company filings, investor presentations, product catalogs, and company documents
- Industry and market-related documents available in the public domain
- Paid databases including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, and Thomson Reuters, among others
- Whitepapers, research papers, and industry blogs.
Why Buy this Report?
The report is intended for Middle East & Africa Vegan Cheese manufacturers and suppliers, government organizations, educational organizations, regulatory agencies, and market research firms, among others. The report provides an in-depth analysis of market size, consumption patterns, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions.
Frequently Asked Questions (FAQs)
Middle East & Africa Vegan Cheese is expected to grow at a CAGR of approximately 12.2% during the forecast period 2022-2028.
The Middle East & African market for Vegan Cheese was US$ 135.4 Million in 2021.
The growing awareness about the health benefits of vegan Cheese and the rapid adoption is the major reason for the growth of this market.
Turkey holds a prominent share of this market.
Major companies operating in the Middle East & Africa Vegan Cheese are Miyoko’s Creamery, Violife, Grattaveg, Mozarella Flavour Slices, Mommus, Muffervert, Grattì, Bute Island Foods Ltd, Be Vegan, Freakin’ Healthy among Others.
| REGION | Middle East & Africa |
|---|---|
| RELEASE YEAR | 2022 |
| RESEARCH CODE | RST-SAR-096 |
| ADDITIONAL FEATURE | 24×7 Post sales support and 15% free customization |
| User License | Single User/Team License, Corporate License |
Table of Contents
1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Middle East and Africa Market in 2022
3.2. Growth Analysis and Market Share by Key Segments (2022 & 2028)
3.3. Analyst Insights & Recommendations
3.4. Growth Opportunities and Key Strategies
3.5. List of Key Customers by Solution
3.6. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.1.1. MEA GDP Overview
6.1.2. MEA Population Overview
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, industry players’ expenditures, and economic conditions, among others
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter’s Five Forces Analysis
7. Government Laws and Industry Regulations
8. Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
9. Middle East Vegan Cheese Trade Data (in US$ million or Tons)
9.1. Import Data by Country/Region
9.2. Exports Data by Country/Region
10. Pricing Analysis
10.1. By Cheese Type
10.1.1. Mozzarella
10.1.2. Parmesan
10.1.3. Cheddar
10.1.4. Cream Cheese
10.1.5. Ricotta
10.1.6. Others (Gouda, Pepper Jack, etc.)
10.2. By Country/Region
10.2.1. GCC Countries
10.2.2. Turkey
10.2.3. South Africa
10.2.4. Rest of MEA
11. Parent Market Overview:
11.1. Middle East & Africa Dairy Market Forecast and Analysis
11.2. Middle East & Africa Plant-Based Dairy Alternatives Market Overview
12. Segmental Analysis
12.1. Middle East Vegan Cheese Market by Cheese Type (in US$ Million)
12.1.1. Segment Overview
12.1.1.1. Mozzarella
12.1.1.2. Parmesan
12.1.1.3. Cheddar
12.1.1.4. Cream Cheese
12.1.1.5. Ricotta
12.1.1.6. Others (Gouda, Pepper Jack, etc.)
12.2. Middle East Vegan Cheese Market by Source (in US$ Million)
12.2.1. Segment Overview
12.2.1.1. Almond Milk
12.2.1.2. Soy Milk
12.2.1.3. Coconut Milk
12.2.1.4. Cashew Milk
12.2.1.5. Others (Pine Nuts, Hazelnuts, etc.)
12.3. Middle East Vegan Cheese Market by End User (in US$ Million)
12.3.1. Segment Overview
12.3.1.1. Commercial
12.3.1.1.1. Food Processing
12.3.1.1.2. HoReCa
12.3.1.1.3. Retail
12.3.1.2. Personal (Household)
12.4. Middle East Vegan Cheese Market by Form (in US$ Million)
12.4.1. Segment Overview
12.4.1.1. Shredded
12.4.1.2. Blocks
12.4.1.3. Slices
12.4.1.4. Others (Spread, Cubes, etc.)
12.5. Middle East Vegan Cheese Market by Application (in US$ Million)
12.5.1. Segment Overview
12.5.1.1. Baked Goods
12.5.1.2. Fast Food Snacks
12.5.1.3. Processed and Packed Food
12.5.1.4. Dairy and Desserts
12.5.1.5. Dips and Sauces
12.5.1.6. Dressings
12.6. Middle East Vegan Cheese Market by Sales Channel (in US$ Million)
12.6.1. Segment Overview
12.6.1.1. Online Channel (e-commerce)
12.6.1.2. Offline Stores
12.6.1.2.1. Retail Stores
12.6.1.2.2. Hypermarkets/Supermarkets
12.7. Middle East Vegan Cheese Market by Region (in US$ Million)
12.7.1. Middle East
12.7.1.1. GCC
12.7.1.1.1. Bahrain
12.7.1.1.2. Kuwait
12.7.1.1.3. Oman
12.7.1.1.4. Qatar
12.7.1.1.5. UAE
12.7.1.2. Turkey
12.7.1.3. Rest of Middle East
12.7.2. Africa
12.7.2.1. South Africa
12.7.2.2. Rest of Africa
13. Regional Analysis by Value (in US$ Million)
13.1. Middle East Vegan Cheese Market Analysis and Forecast 2019-2028
13.1.1. Regional Market Overview and Key Takeaways: Market Value (US$ Mn) and Volume (in Tons)
13.1.2. Middle East Vegan Cheese Market by Product
13.1.3. Middle East Vegan Cheese Market by Source
13.1.4. Middle East Vegan Cheese Market by End User
13.1.5. Middle East Vegan Cheese market by Form
13.1.6. Middle East Vegan Cheese Market by Application
13.1.7. Middle East Vegan Cheese Market by Sales Channel
13.1.8. Middle East Vegan Cheese Market by Country
13.1.8.1. GCC
13.1.8.1.1. Saudi Arabia
13.1.8.1.2. Bahrain
13.1.8.1.3. Kuwait
13.1.8.1.4. Oman
13.1.8.1.5. Qatar
13.1.8.1.6. UAE
13.1.8.2. Turkey
13.1.8.3. Rest of Middle East
13.2. Africa Vegan Cheese Market Analysis and Forecast 2019-2028
13.2.1. Regional Market Overview and Key Takeaways: Market Value (US$ Mn) and Volume (in Tons)
13.2.2. Africa Vegan Cheese Market by Product
13.2.3. Africa Vegan Cheese Market by Source
13.2.4. Africa Vegan Cheese Market by End User
13.2.5. Africa Vegan Cheese Market by Form
13.2.6. Africa Vegan Cheese Market by Application
13.2.7. Africa Vegan Cheese Market by Sales Channel
13.2.8. Africa Vegan Cheese Market by Country
13.2.8.1. South Africa
13.2.8.2. Rest of Africa
14. Price Analysis
Matrix analysis of prices on the basis of quotation received
14.1. Price Quotation by Key Vegan Cheese Manufacturers
14.2. By Key Cheese Types
14.3. By Key End Users
15. Latest Funding Activities
15.1. New Startups
15.2. Round of Funding
15.3. Fundraise in Recent Times (2019-2022E)
16. Customer and End User Analysis
A list of more than 600 restaurants and key purchasing end users for vegan cheese will be provided with key contact details and information
16.1. Company List by Sector
16.2. Company List by Revenue (Size)
16.2.1. Up to US$ 1 Million
16.2.2. US$ 1 Million – 3 Million
16.2.3. US$ 3 Million – 5 Million
16.2.4. US$ 5 Million – 7 Million
16.2.5. US$ 7 Million – 10 Million
16.2.6. US$ 10 Million – 50 Million
16.2.7. More than US$ 50 Million
16.3. Company List by Country/Region
17. Competitive Landscape
17.1. Competition Dashboard
17.1.1. Middle East and Regional Market Share Analysis
17.1.2. Market Structure
17.2. Competitive Benchmarking
17.3. Key Strategy Analysis
17.4. Company Profiles
· Company Overview
· Major Clients
· Product/Service Offerings
· Key Financials
· Recent Developments
· Company Type (Public-listed or Private)
17.4.1.1. Company Overview
17.4.1.2. Product/Service Offerings
17.4.1.3. Financials
17.4.1.4. Recent Developments
17.4.2. Violife
17.4.2.1. Company Overview
17.4.2.2. Product/Service Offerings
17.4.2.3. Financials
17.4.2.4. Recent Developments
17.4.3. Grattaveg
17.4.3.1. Company Overview
17.4.3.2. Product/Service Offerings
17.4.3.3. Key Financials
17.4.3.4. Recent Developments
17.4.4. Mozarella Flavour Slices
17.4.4.1. Company Overview
17.4.4.2. Product/Service Offerings
17.4.4.3. Key Financials
17.4.4.4. Recent Developments
17.4.5. Esto no es un Queso Camembert
17.4.5.1. Company Overview
17.4.5.2. Product/Service Offerings
17.4.5.3. Financials
17.4.5.4. Recent Developments
17.4.6. Muffervert
17.4.6.1. Company Overview
17.4.6.2. Product/Service Offerings
17.4.6.3. Financials
17.4.6.4. Recent Developments
17.4.7. Grattì
17.4.7.1. Company Overview
17.4.7.2. Product/Service Offerings
17.4.7.3. Financials
17.4.7.4. Recent Developments
17.4.8. Bute Island Foods Ltd
17.4.8.1. Company Overview
17.4.8.2. Product/Service Offerings
17.4.8.3. Financials
17.4.8.4. Recent Developments
17.4.9. Be Vegan
17.4.9.1. Company Overview
17.4.9.2. Product/Service Offerings
17.4.9.3. Financials
17.4.9.4. Recent Developments
17.4.10. Freakin’ Healthy
17.4.10.1. Company Overview
17.4.10.2. Product/Service Offerings
17.4.10.3. Financials
17.4.10.4. Recent Developments
18. Disclaimer
Every Sample Includes
Research Methodology
Complete Table of Contents, List of Charts and Tables
Exclusive Facts & Illustrations
Related products
Food, Beverages & Agriculture
Intensity, diversity, and purity factors of chocolates act as purchasing criteria for consumers
Food, Beverages & Agriculture
Versatile application of the carotenoids is augmenting its demand across various industries
Food, Beverages & Agriculture
India Vegan Cheese Market is Growing Significantly due to Shifting Consumers Preference Coupled with the Adoption of the Western Lifestyle
Food, Beverages & Agriculture
The increasing population is driving the demand for milk and other dairy products globally
Food, Beverages & Agriculture
Growing population comprising of the young population and working-class professionals to raise the demand for high-quality food in the upcoming years
Food, Beverages & Agriculture
Global Dairy Alternatives Market: Investment & Growth Opportunity Analysis, 2019-2028
Increasing number of people with lactose intolerance and milk allergies is augmenting the market growth