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Vegan Cheese in Middle East & Africa

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    Report

  • 37 Pages
  • February 2025
  • Region: Africa, Middle East
  • GlobalData
  • ID: 6086681
Description Jump to:
Vegan Cheese in Middle East & Africa industry profile provides top-line qualitative and quantitative summary information including: 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 Middle East & African vegan cheese market recorded revenues of $214.1 million in 2024, representing a compound annual growth rate (CAGR) of 6.0% between 2019 and 2024.
  • The cheddar segment accounted for the market's largest proportion in 2024, with total revenues of $66.3 million, equivalent to 31.0% of the market's overall value.
  • The growth of the Middle East & African vegan cheese market is supported by the rise in disposable income encouraging consumers to spend on premium plant-based alternatives. According to Eurostat, in 2024, the net disposable income per household in South Africa reached $10,334.8, up 2.1% annually.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the vegan cheese market in Middle East & Africa
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the vegan cheese market in Middle East & Africa
  • 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 Middle East & Africa vegan cheese market with five year forecasts

Reasons to Buy

  • What was the size of the Middle East & Africa vegan cheese market by value in 2024?
  • What will be the size of the Middle East & Africa vegan cheese market in 2029?
  • What factors are affecting the strength of competition in the Middle East & Africa vegan cheese market?
  • How has the market performed over the last five years?
  • How large is Middle East & Africa’s vegan cheese market in relation to its regional counterparts?

Table of Contents

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 strategies do the leading players follow?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. Tnuva Food Industries Ltd
8.2. Mama Q Ltd
8.3. Flora Food Group BV
8.4. Fauxmage (Pty) Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related the analyst research
10.4. About the Analyst
List of Tables
Table 1: Middle East & Africa vegan cheese market value: $ million, 2019-24
Table 2: Middle East & Africa vegan cheese market category segmentation: % share, by value, 2019-24
Table 3: Middle East & Africa vegan cheese market category segmentation: $ million, 2019-24
Table 4: Middle East & Africa vegan cheese market geography segmentation: $ million, 2024
Table 5: Middle East & Africa vegan cheese market value forecast: $ million, 2024-29
Table 6: Tnuva Food Industries Ltd: Key Facts
Table 7: Tnuva Food Industries Ltd: key employees
Table 8: Mama Q Ltd: Key Facts
Table 9: Flora Food Group BV: Key Facts
Table 10: Flora Food Group BV: key employees
Table 11: Fauxmage (Pty) Ltd: Key Facts
Table 12: Middle East & Africa Size of Population (Million), 2020-24
Table 13: Middle East & Africa Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 14: Middle East & Africa GDP (Current Prices, $ Billion), 2020-24
Table 15: Middle East & Africa Inflation, 2020-24
Table 16: Middle East & Africa Consumer Price Index (Absolute), 2020-24
Table 17: Middle East & Africa Exchange Rate, 2019-24
List of Figures
Figure 1: Middle East & Africa vegan cheese market value: $ million, 2019-24
Figure 2: Middle East & Africa vegan cheese market category segmentation: $ million, 2019-24
Figure 3: Middle East & Africa vegan cheese market geography segmentation: % share, by value, 2024
Figure 4: Middle East & Africa vegan cheese market value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the vegan cheese market in Middle East & Africa, 2024
Figure 6: Drivers of buyer power in the vegan cheese market in Middle East & Africa, 2024
Figure 7: Drivers of supplier power in the vegan cheese market in Middle East & Africa, 2024
Figure 8: Factors influencing the likelihood of new entrants in the vegan cheese market in Middle East & Africa, 2024
Figure 9: Factors influencing the threat of substitutes in the vegan cheese market in Middle East & Africa, 2024
Figure 10: Drivers of degree of rivalry in the vegan cheese market in Middle East & Africa, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Tnuva Food Industries Ltd
  • Mama Q Ltd
  • Flora Food Group BV
  • Fauxmage (Pty) Ltd

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About the Market

Vegan cheese is a plant-based alternative to traditional dairy cheese. It is made from ingredients such as nuts, seeds, and plant-based proteins, and is free from animal products. It is becoming increasingly popular among vegans, vegetarians, and those looking to reduce their consumption of animal products. Vegan cheese is available in a variety of forms, including slices, shreds, blocks, and spreads. It can be used in a variety of dishes, from sandwiches and pizzas to macaroni and cheese. It is also becoming increasingly available in supermarkets and specialty stores. The vegan cheese market is growing rapidly, as more people are looking for plant-based alternatives to traditional dairy cheese. Companies are investing in research and development to create new vegan cheese products that are more nutritious and have a better taste and texture. Some companies in the vegan cheese market include Daiya Foods, Follow Your Heart, Kite Hill, Miyoko's Kitchen, and Treeline Treenut Cheese. Show Less Read more

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