Cheese
Alternative Market: Introduction:
Cheese
alternatives are also termed as imitation cheese or cheese substitute
are formulated with enhanced nutritional values compared to the
natural cheese. Although, cheese alternatives are similar in
formation, characteristics, and application with natural cheese it is
processed to offer better health benefits within the dairy-free
product range. Cheese alternatives are produced by replacing the milk
protein or milk fat either partly or wholly by vegetable proteins and
vegetable fats and oils. In general the substitutes as peanut
protein, soybean protein or partly hydrogenated vegetable fats such
as soybean, palm. Nuts and seed oils can also be a good replacement
source such as almond nut oil, cashew nut oil, sunflower oil and,
mustard oil.
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Cheese
Alternatives Market Segmentation
Cheese
Alternatives Market is segmented on the basis of source, by
application, by end use, by distribution channel, and by region. On
the basis of source, cheese alternatives market is segmented as
analogue cheese, filled cheese, and tofu-based cheese. Analogue
cheese can be manufactured by using dairy ingredients such as butter
oil, by using vegetable oil or through the synthetic process by using
vegetable protein or oil.
On
the basis of application, the Cheese Alternatives market is segmented
as; cheese topping, cheese dips, cheese sauces, ready meals, bakery,
and others. The cheese alternative products encounter higher
utilization in the production of multiple cheese sauces and cheese
dips products. The rising demand for cheese alternatives over natural
cheese products in food applications is attributed to the high
nutritional benefit and lower cost of these substitutes compared to
natural cheese.
On
the basis of end use, the Cheese Alternatives market can be segmented
as household and HoReCa. The rising health concern among consumers
and the rising competition across foodservice industry with a demand
to innovate and offer recipes with low fat, high nutritional values
is creating a potential demand for cheese alternative products in
HoReCa segment.
On
the basis of the distribution channel, the Cheese Alternatives market
is segmented into Modern trade, food retail stores, and online
retailers. Modern trade channel is having a larger share in the sales
of cheese alternative products and is likely grow further with rising
market penetration. Moreover, the online retailers are also
anticipated to gain share in value sales of cheese alternative
products.
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On
the basis of region, the Cheese Alternatives market is segmented into
North America, Latin America, Europe, Asia Pacific & Japan, and
Middle East & Africa. Rising demand for enhanced nutritional
product and growing demand for dairy-free products in the North
America, Latin America and in the Europe region is creating better
market opportunities for players active in the cheese alternatives
market in these regions
Cheese
Alternatives Market Global Market Trends and Market Drivers:
In
the current global scenarios, the demand for dairy-free products is
rising across the countries such as U.S., Germany, Norway, U.K., and
Denmark. A global rise in population of lactose-intolerant and
gluten-intolerant consumers is summing up and resulting in an
exponential rise in the demand of dairy-free milk, cheese, and other
food products. This provides both an opportunity as well as the
challenge for dairy product manufacturers to innovate and offer more
and more variants of dairy-free, gluten-free milk and cheese products
at competitive price ranges and with multiple health benefits, which
is driving the global demand. Moreover, the lower cost of cheese
alternatives over the natural cheese products and multiple taste
variants availed by the manufacturers is promoting the trend of
better taste indulgence among consumers coupled with value for money.
This is driving the cheese alternatives market with rising
consumption levels. However, the still existing conventional demand
for natural cheese across many geographies in the world, especially
among the Asian and African countries is restraining the market
growth of cheese alternative market to a certain level.
Cheese
Alternatives Market Key Players:
Variety
of Cheese Alternatives has been formulated by the manufacturers and
some of the global market players manufacturing Cheese Alternatives
market include; Galaxy Nutritional Foods Inc, DANONE, Bute Island
Foods, Dr. Cow tree nut cheese, Follow your heart, Sunergia Soyfoods,
Chicago Soydairy among others.
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