Key Findings
The Italy vegan cheese market is expected to register a CAGR of 15.33% during the forecast period, 2021-2026. Consumers are following the vegan health trends given the shifting lifestyles and health concerns. Also, the young consumers following vegan trends offer huge market penetration opportunities for vegan cheese producers.

Market Insights
In Italy, the total population of people aged 65 and above was 23.2% in 2020. Also, the country had the largest percentage of the elderly population in Europe in 2019. With age, the lactose levels start declining, leading to nausea, stomach ache, gas, diarrhea, etc. In addition, there is a high prevalence of lactose malabsorption in the geriatric population. At the same time, most of the Italian population is shifting to alternate dietary lifestyles for animal welfare and health reasons. As a result, there have been developments like the launch of a new R&D accelerator by Nestl? in September 2020 to propel innovations of sustainable dairy products and plant-based dairy alternatives.
Vegan cheese production entails the use of plant-based ingredients instead of traditional animal-based products. It has a high nutritional profile and is rich in vitamins, calcium, and proteins. One of the primary aspects of vegan cheese, i.e., low cholesterol levels, drives its market demands. This is because this aspect aids in preventing cardiovascular diseases.

Competitive Insights
Some of the major firms in the market include Follow Your Heart, WayFare, Bute Island Food Ltd (Acquired by Saputo Inc), Galaxy Nutritional Foods Inc, Field Roast, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments