
Vegan Cheese in China
Description
Vegan Cheese in China
Summary
Vegan Cheese in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Vegan Cheese in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Vegan cheese includes products that are marketed as plant-based, vegan, or dairy-free cheese. The demand for vegan cheese is being driven by a combination of health, ethical, environmental, and taste-related factors. These vegan cheese/plant-based cheeses are products that are marketed as alternatives to dairy-based cheese.
- The Chinese vegan cheese market recorded revenues of $173.3 million in 2024, representing a compound annual growth rate (CAGR) of 7.1% between 2019 and 2024.
- The cheddar segment accounted for the market's largest proportion in 2024, with total revenues of $64.6 million, equivalent to 37.3% of the market's overall value.
- According to GlobalData, in 2024, the Chinese vegan cheese market recorded an annual growth of 2.5%. This growth is supported by a substantial millennial and Gen Z population, particularly in urban centers such as Shanghai, Beijing, and Guangzhou, who are more health-conscious, environmentally aware, and open to experimenting with new food trends.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the vegan cheese market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the vegan cheese market in China
- Leading company profiles reveal details of key vegan cheese market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China vegan cheese market with five year forecasts
- What was the size of the China vegan cheese market by value in 2024?
- What will be the size of the China vegan cheese market in 2029?
- What factors are affecting the strength of competition in the China vegan cheese market?
- How has the market performed over the last five years?
- Who are the top competitors in China's vegan cheese market?
Table of Contents
36 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths of the leading players?
- 7.3. What are the challenges in the market?
- 8 Company Profiles
- 8.1. Flora Food Group BV
- 8.2. Usourcegroup
- 8.3. Daiya Foods Inc.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Tables
- Table 1: China vegan cheese market value: $ million, 2019–24
- Table 2: China vegan cheese market category segmentation: % share, by value, 2019–24
- Table 3: China vegan cheese market category segmentation: $ million, 2019-24
- Table 4: China vegan cheese market geography segmentation: $ million, 2024
- Table 5: China vegan cheese market value forecast: $ million, 2024–29
- Table 6: Flora Food Group BV: Key Facts
- Table 7: Flora Food Group BV: key employees
- Table 8: Usourcegroup: Key Facts
- Table 9: Miyoko's Creamery: Key Facts
- Table 10: Daiya Foods Inc.: Key Facts
- Table 11: China Size of Population (Million), 2020–24
- Table 12: China Real GDP (Constant 2010 Prices, $ Billion), 2020–24
- Table 13: China GDP (Current Prices, $ Billion), 2020–24
- Table 14: China Inflation, 2020–24
- Table 15: China Consumer Price Index (Absolute), 2020–24
- Table 16: China Exchange Rate, 2019–24
- List of Figures
- Figure 1: China vegan cheese market value: $ million, 2019–24
- Figure 2: China vegan cheese market category segmentation: $ million, 2019-24
- Figure 3: China vegan cheese market geography segmentation: % share, by value, 2024
- Figure 4: China vegan cheese market value forecast: $ million, 2024–29
- Figure 5: Forces driving competition in the vegan cheese market in China, 2024
- Figure 6: Drivers of buyer power in the vegan cheese market in China, 2024
- Figure 7: Drivers of supplier power in the vegan cheese market in China, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the vegan cheese market in China, 2024
- Figure 9: Factors influencing the threat of substitutes in the vegan cheese market in China, 2024
- Figure 10: Drivers of degree of rivalry in the vegan cheese market in China, 2024
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