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, the demand for plant-based cheese is increasing at an exponential rate, with a global 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% in the global market 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Moreover, the companies producing vegan cheese are expected to be fined heavily and vegan cheese products have been withdrawn from the market, leaving consumers without access to these products.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
- Cream Vegan Cheese
- Others (Gouda, Pepper Jack, etc.)
- By Source
- Almond Milk
- Soy Milk
- Coconut Milk
- Cashew Milk
- Others (Pine Nuts, Hazelnut, etc.)
- By End User
- Food Processing
- Personal (Household)
- By Form
- Others (Spread, Cubes, etc.)
- By Application
- Baked Goods
- Fast Food Snacks
- Processed and Packed Food
- Dairy and Desserts
- Dips and Sauces
- By Sales Channel
- Online Channel (e-commerce)
- Offline Stores
- Retail Stores
- By Region
- Middle East
- South Africa
- Rest of Middle East
- South Africa
- Rest of Africa
- Middle East
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.
- 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.