Market Overview

US and Europe Nuts and Seeds Cheese Market is estimated to be valued at USD 1,25,405.19 Thousand by 2026, registering a CAGR of 6.84% during the forecast period. All seeds and nuts have a unique and rich nutrition profile. Consumption of nuts and seeds helps in maintaining a balance of overall nutritional intake. Nuts are a rich source of protein and consumed as plant-based alternatives to meat in terms of flavor. Nuts and seeds are also a good source of omega-3 fatty acids required for cognitive and heart health. The incorporation of nuts and seeds in cheese making increases the nutritional value of the final product. In the production of nuts and seeds cheese, sometimes coconut oil is added for additional firmness at refrigerated temperatures. Different types of cheese can be made using nuts and seeds such as hard cheese, smoked cheese, meltable cheese, sliceable cheese, and stinky cheese with a moldy crust. The cheese type depends upon the base material, ingredients used, and process.

Europe was the largest market for nuts & seeds cheese in 2019, and the region is expected to continue to dominate the US and Europe markets during the review period. The UK was the largest country-level market with a share of 24.81% in 2019. However, France is projected to witness a substantial growth rate during the study period. High investments by market players in the expansion of production facilities for nuts & seeds cheese followed by the adoption of a vegan diet are influencing the growth of the nuts & seeds cheese market in the region.     

Key Players

Market Research Future recognizes 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) as the key players in the US and Europe nuts and Seeds Cheese Market.

Market Segmentation:

The US and Europe nuts and seeds cheese market has been segmented on the basis of product type, form, distribution channel, and region/country.

By product type, the market has been divided into almonds, cashews, sunflower seeds, chia seeds, macadamia, pistachio, and others. The cashews segment accounted for the largest market share in 2019. The increasing popularity of cashews as an ingredient in bakery and confectionery products and dairy products is expected to boost the growth of the cashews segment. However, the sunflower seeds segment is projected to be the fastest-growing segment during the forecast period.

Based on form, US and Europe nuts and seeds cheese market has been segmented into blocks & wheels, spreads, and others. The blocks & wheels segment accounted for the largest market share in 2019 since it helps ensure the consistent taste and texture of nut and seed-based cheese throughout the year. Additionally, the ease of availability and economical prices are also anticipated to increase the demand for nut and seed-based cheese in the form of blocks and wheels.

Based on distribution channel, US and Europe nuts and seeds cheese market has been segmented into store-based and non-store-based. The store-based segment is further bifurcated into supermarkets & hypermarkets, convenience stress, and others. The segment accounted for a larger market share in 2019, owing to high product shelf life and immediate availability. However, the non-store-based segment is projected to exhibit a higher growth rate during the review period.

Regional Analysis

Geographically, the share the nuts has been segregated into the US and Europe. As per MRFR analysis, Europe accounted for the dominant share of US and Europe nuts and seeds cheese market in 2019, with the Rest of Europe being the major consumer of nuts & seeds cheese. Moreover, increasing consumer demand for organic and clean label products has driven the organic farming practices in the US, leading to the rising sales of nuts & seeds cheese across the US in 2019. US and Europe nuts and seeds cheese market in the US is expected to register the highest growth rate of 7.31% during the forecast period.

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