Description
US and Europe Nuts and Seeds Cheese Market Research Report—Forecast till 2026
Market Overview
US and Europe nuts and seeds cheese market is anticipated to exhibit a CAGR of 6.84% to surpass USD 1,25,405.19 Thousand during the review period. Nut and seed-based cheese is non-dairy cheese that is majorly consumed by vegans and it is prepared using almonds, cashews, sunflower seeds, and chia seeds, among others. Cashews cheese is becoming more popular because it is a rich source of fat, protein, calcium, iron, and phosphorus, as well as excellent sources of antioxidants.
The US and Europe nuts and seeds cheese market is expected to register significant market expansion during the forecast period owing to the increasing consumer preference towards the vegan diet and rising lactose intolerance among the population of the US and Europe. Furthermore, the health benefits associated with nuts and seeds are anticipated to upsurge the growth of the market. However, the increasing incidences of nut allergies along with the high price of the products are expected to restrain the growth of the market during the review period. Also, the rising adoption of organic food & beverages is expected to promise an attractive opportunity for the players in the US and Europe nuts and seeds cheese market during the review period.
Market Segmentation
US and Europe Nuts and Seeds Cheese Market has been segmented based on Product Type, Form, and Distribution Channel. In terms of product type the global market has been classified into Almonds, Cashews, Sunflower Seeds, Chia Seeds, Macadamia, Pistachio, and Others. The cashews segment is expected to witness a significant CAGR to reach USD 43,931.51 thousand by the end of 2026 owing to the largest market share in 2019.
Based on the Form segment the market has been divided into Blocks & Wheels, Spreads, and Others. By Distribution Channel the US and Europe Nuts and Seeds Cheese Market is bifurcated into Store-Based and Non-Store-Based.
Country Analysis
US and Europe Nuts and Seeds Cheese Market has been segregated into the US, UK, Germany, France, Italy, Spain, and the Rest of Europe
Europe is expected to register the largest market share of US and Europe Nuts and Seeds Cheese Market owing to the highest market share of 69.62% in 2019. The regional market is attributed to the popularity of vegan food and beverages is exceptionally high in European countries. Additionally, the increasing consumer preference towards organic and non-genetically modified (GM) products combined with increasing adoption of flexitarians, vegetarian, and vegan diets are expected to surge the demand for vegan food and beverages. However, the demand for plant-based food is rising rapidly across the US in the last few years which, in turn, increases the requirement for nuts and seeds cheese in the region.
Major Players
The Key Players operating in the US and Europe nuts and seeds cheese market include Treeline Treenut Cheese (US), Kite Hill (US), Dr-Cow Tree Nut Cheese (US), Miyoko’s Creamery (US), Vtopian Artisan Cheeses (US), Heidi Ho! Foods (US), Parmela Creamery (US), Tyne Chease Limited (UK), and Nutcrafter Creamery (UK).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
