Vegan Cheese in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 Canadian vegan cheese market recorded revenues of $28.7 million in 2024, representing a compound annual growth rate (CAGR) of 4.8% between 2019 and 2024.
- The cheddar segment accounted for the market's largest proportion in 2024, with total revenues of $10.2 million, equivalent to 35.5% of the market's overall value.
- According to the analyst, in 2024, the Canadian vegan cheese market recorded an annual growth of 3.2%. The growth is attributed to strong market advocacy and increasing consumer awareness. Plant-Based Foods of Canada (PBFC) plays a crucial role in shaping the market by promoting plant-based alternatives and advocating for favorable policies and regulations.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the vegan cheese market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the vegan cheese market in Canada
- 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 Canada vegan cheese market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Canada vegan cheese market by value in 2024?
- What will be the size of the Canada vegan cheese market in 2029?
- What factors are affecting the strength of competition in the Canada vegan cheese market?
- How has the market performed over the last five years?
- Who are the top competitors in Canada's vegan cheese market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Flora Food Group BV
- Maple Leaf Foods Inc
- Daiya Foods Inc.
- Tofutti Brands Inc
