Worldwide demand for plant-based beverages is estimated to grow by leaps and bounds, on account of consumers’ holistic approach to health and wellness. The demand for plant-based beverages is likely to expand at a CAGR of over 6% through 2028, as per the latest research study published by Persistence Market Research (PMR).
PMR
Vegan Cheese Sales to Soar as Veganism Transitions from Niche to Mainstream
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).