Study: Vegan cheese market to experience major revenue boost by 2028
The report opines that vegan cheese market has witnessed collective growth in the recent years, and is likely to accelerate further in the forthcoming years in tandem with a significant shift in eating patterns.
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. In fact, the global vegan cheese market is projected to register 8.6% CAGR during the forecast period 2018-2028, according to a report published by Persistence Market Research, New York.
Individuals with a fondness for cheese have shown a reluctance toward veganism, however the growing awareness about the different vegan cheese options and variants available in the market has altered the scenario completely. And, vegan cheese processors continue to focus on introducing plant-based cheese substitutes, including cream cheese, parmesan, cheddar, ricotta, to name a few.
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