The vegan cheese market is expected to continue its steady growth on account of the growing trend of veganism, coupled with the increasing consumer awareness about the health benefits associated with cholesterol-free vegan cheese consumption. The global vegan cheese market is projected to register 8.6% CAGR during the forecast period 2018-2028, owing to the myriad factors mentioned in the report by Persistence Market Research (PMR).
Pea Protein Set for Growth, but Regulatory Compliance Remains a Key Challenge, Research Reveals
A new report from Persistence Market Research reveals significant growth prospects for the global pea protein market, which is set to expand from $2.36 billion in 2025 to $4.20 billion by 2032, driven by a compound annual growth rate (CAGR) of 8.6%. This growth is largely attributed to the rising consumer preference for plant-based diets, increasing awareness of health and sustainability, and the growing demand for allergen-free and non-GMO ingredients in a variety of products. Pea protein, primarily derived from yellow split peas, is already a key ingredient in several sectors, including meat and dairy alternatives, nutritional supplements, and baked goods. Its nutritional benefits, such as being high in protein and iron, coupled with its hypoallergenic, non-GMO, and gluten-free characteristics, have made it a staple …
