Vegan Cheese is Taking Over! Industry is Set to be Worth $3.5 Billion by 2023 – One Green Planet

Posted: July 12, 2017 at 9:49 am


without comments

The future of food is plant-based!Thanks to growing consumer demand for cleaner,environmentally friendly, and animal-free sources of protein, we have seen an increase in the number of plant-based meat substitutes on the market and apparently, in 2016 there was a90 percentincrease in the amount of Google searches for the word vegan. According to some estimates, the plant-based meat market is set to reach$5.2 billion by 2020and could make upone-third of the market by 2050. And now we have more exciting news to share!

Soy milk based non-dairy cheese takes the lead with a predicted 54.3 percent of the market share by 2017. MRF also notes that Europe is the leader in the non-dairy cheese sector, with estimates that the market will grow at a compound annual growth rate of 7.9 percent, led by Germany, which is responsible for 25.78 percent of the market proportion of the industry. Whoa!

The non-dairy cheese market has been increasing due to globalization and changing consumption patterns, increasing awareness about lactose intolerance, and rising number of vegan consumers, the report states.

With concerns over allergens as well as antibiotic and hormone use, and animal welfare concerns not to mention the rising environmental concerns associated with dairy consumption, its no surprise that overone-third of consumersprefer dairy-free milks andU.S. milk consumption has declined. In tandem, a number of new vegan cheese products have recently hit the market, making the decision to choose a better choice for animals, the environment, and your own health very simple.

Looking for some delicious vegan cheese recipes? Look no further! If youre interested in learning more about trends in the plant-based food space, check out One Green Planets Future of Food.

Lead image source:Roasted Garlic and Fresh Herb Cream Cheez

See more here:

Vegan Cheese is Taking Over! Industry is Set to be Worth $3.5 Billion by 2023 - One Green Planet

Related Posts

Written by admin |

July 12th, 2017 at 9:49 am

Posted in Vegan




matomo tracker