Middle East & Africa Vegan Cheese Market Analysis and Forecast 2019-2028

WILMINGTON, Del. - March 2, 2023 - PRLog -- The report, titled "Middle East and Africa Vegan Cheese Market Analysis and Forecast 2019-2028" analyzes the MENA market according to cheese type, source, end user, form, application, sales channel, and region.

Market Overview and Dynamics: Rising trend of veganism among millennial

The Middle East & Africa vegan cheese market is predicted to expand at a rate of 12.2 % in the forecast period of 2022-2028. Middle East & Africa is predicted to make just 5% of the global vegan cheese market by the end of the forecast period.

• The rising awareness regarding animal cruelty and MENA concerns over the carbon footprint caused by the animal-based diet has inspired consumers to use plant-based products.

Market Segment Analysis

Based on the cheese type, plant-based Ricotta is expected to grow at a prominent rate, with a CAGR of more than 16% during the forecast period.

• Based on the source type, the cashew segment held the largest revenue share of more than 35.0% in 2021 and is expected to maintain its dominant position throughout the forecast period.

Competition Analysis

Over the last decade, the MENA vegan cheese market has grown rapidly. MENA vegan cheese market is fragmented in nature with the presence of various players in the market.

• In November 2022, Upfield launched a vegan cheese brand Violife in the Middle East. The brand is an allergen-free, alternative range to dairy and would be available in slices, boxes, and grated in two flavors such as cheddar and mozzarella.

Some of the leading players involved in the production and marketing of the vegan cheese market in MENA include Miyoko's Creamery, Violife, Grattaveg, Freakin' Healthy among others.

RationalStat has segmented the MENA vegan cheese market on the basis of cheese type, source, form, end user, application, sales channel, and region.

• By Cheese Type
  • Mozzarella
  • Parmesan
  • Ricotta
  • Others (Gouda, Pepper Jack, etc.)
• By Source
  • Almond Milk
  • Cashew Milk
  • Others (Pine Nuts, Hazelnuts, etc.)
• By Form
  • Blocks
  • Others (Spreads, Cubes, etc.)
• By End User
  • Personal, Household, and Residential(B2C)
  • Commercial(B2B)
    • Retail
    • HoReCa
    • Food Processing
  • By Application
    • Fast Food Snacks
    • Baked Goods
    • Dressing
  • By Sales Channel
    • Offline
      • Hypermarkets/supermarkets
      • Retail Stores
    • Online/Ecommerce
  • By Region
    • Middle East
      • GCC
        • South Africa
        • Bahrain
      • Turkey
      • Rest of the Middle East
    • Africa
      • South Africa
      • Rest of Africa

For more information about this report https://store.rationalstat.com/store/middle-east-africa-vegan-cheese-market/

About RationalStat LLC

RationalStat is an end-to-end US-based market intelligence and consulting company that provides comprehensive market research reports along with customized strategy and consulting studies.  The company has sales offices in MENA, Mexico, and the US to support the Middle East & Africa and diversified businesses.