The revenue in the 'Cheese Substitutes' segment of the food market in the United States was forecast to continuously increase between 2024 and 2029 by in total 71.2 million U.S. dollars (+28.7 percent). After the seventh consecutive increasing year, the revenue is estimated to reach 319.27 million U.S. dollars and therefore a new peak in 2029.
Data provided by Statista Market Insights are estimates.
Definition:
Cheese substitutes, also known as dairy-free or non-dairy cheese alternatives, are products designed to mimic the texture, flavor, and functionality of traditional dairy cheese without using any animal-derived ingredients. These substitutes are primarily targeted at vegans, lactose-intolerant individuals, those with dairy allergies, and/or anyone seeking to reduce their consumption of animal products. Cheese substitutes can be made from a variety of plant-based ingredients, such as nuts (e.g., almonds and cashews), soy, coconut, or nutritional yeast. These ingredients are often processed and blended to create a creamy and cheese-like product.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram). The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
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Statista. (September 27, 2024). Revenue in the cheese substitutes segment of the food market in the United States from 2018 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved October 12, 2024, from https://www.statista.com/forecasts/1485007/revenue-in-the-cheese-substitutes-segment
Statista. "Revenue in the cheese substitutes segment of the food market in the United States from 2018 to 2029 (in million U.S. dollars)." Chart. September 27, 2024. Statista. Accessed October 12, 2024. https://www.statista.com/forecasts/1485007/revenue-in-the-cheese-substitutes-segment
Statista. (2024). Revenue in the cheese substitutes segment of the food market in the United States from 2018 to 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/forecasts/1485007/revenue-in-the-cheese-substitutes-segment
Statista. "Revenue in The Cheese Substitutes Segment of The Food Market in The United States from 2018 to 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 27 Sep 2024, https://www.statista.com/forecasts/1485007/revenue-in-the-cheese-substitutes-segment
Statista, Revenue in the cheese substitutes segment of the food market in the United States from 2018 to 2029 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1485007/revenue-in-the-cheese-substitutes-segment (last visited October 12, 2024)
Revenue in the cheese substitutes segment of the food market in the United States from 2018 to 2029 (in million U.S. dollars) [Graph], Statista, September 27, 2024. [Online]. Available: https://www.statista.com/forecasts/1485007/revenue-in-the-cheese-substitutes-segment