Climax Food cheeses

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Market & Trends

Vegan Cheese Market to Surpass $8 Billion by 2032

According to a report by, the vegan cheese market will increase in value from $4.2 billion to $8 billion by 2032, growing with a CAGR of 6.2%. The predicted growth — described as “unprecedented” — is attributed to increasing consumer awareness of animal welfare, health, and sustainability. New technologies — such as the recent development of high-protein cheese alternatives made from fermented legumes in Denmark — will also boost the market by improving taste, texture, and nutritional value. Furthermore, the growing availability of vegan cheeses in supermarkets and restaurants will increase sales and consumer awareness. Growth for vegan mozzarella Soy-based vegan cheese is expected to account for two-fifths of the market, with almond-based products also seeing significant growth. In terms of variety, mozzarella and …