Daiya Foods

Daiya Foods

Produces plant-based dairy alternatives

About Daiya Foods

Simplify's Rating
Why Daiya Foods is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Food & Agriculture

Consumer Goods

Company Size

201-500

Company Stage

Acquired

Total Funding

$405M

Headquarters

Burnaby, Canada

Founded

2008

Overview

Daiya Foods specializes in creating plant-based, dairy-free products, focusing primarily on vegan cheeses that mimic the taste and melting qualities of traditional cheese. Their product range includes not only vegan cheese but also dairy-free yogurt, cream cheese, dressings, and ready-to-eat meals like flatbreads and pizzas. Daiya's products cater to a wide audience, including vegans, those with lactose intolerance, and consumers looking for healthier food options. The company distinguishes itself from competitors by emphasizing both taste and sustainability, which has led to a growing customer base. Daiya's goal is to provide delicious alternatives to dairy products while promoting a healthier and more sustainable lifestyle.

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Simplify's Take

What believers are saying

  • Growing demand for plant-based cheese boosts Daiya's market potential.
  • Convenience trend supports Daiya's single-serve cream cheese packets.
  • Reformulated products enhance consumer acceptance and repeat purchases.

What critics are saying

  • Competition from major brands like Kraft Heinz challenges Daiya's market share.
  • 'Dupe culture' marketing may not resonate with all consumers.
  • Reliance on proprietary ingredients poses potential supply chain risks.

What makes Daiya Foods unique

  • Daiya offers a unique Oat Cream™ blend for improved taste and texture.
  • The company provides first-to-market dairy-free cream cheese packets for foodservice.
  • Daiya's 'Fromage Forgery' campaign creatively taps into the 'dupe culture' trend.

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Funding

Total Funding

$405M

Above

Industry Average

Funded Over

1 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Insurance

401(k) Company Match

Unlimited Paid Time Off

Flexible Work Hours

Paid Vacation

Hybrid Work Options

Company News

Vegconomist
May 22nd, 2025
Grab-And-Go Dairy-Free Cream Cheese Packets Added To Daiya’S Foodservice Portfolio

Daiya has introduced a new dairy-free cream cheese in single-serve 1oz packets aimed at foodservice operators, marking the first product of its kind in this format. The product, made with Daiya’s proprietary Oat Cream™ blend, delivers a texture and flavor intended to replicate traditional dairy cream cheese.“:”Consumers want convenience without compromise” Single-serve dairy cream cheese portions are common in cafés, hotels, and grab-and-go outlets, but until now, no comparable dairy-free option has been available. According to Daiya, their new cream cheese packets respond to increased consumer demand for plant-based alternatives, particularly during breakfast hours, without sacrificing convenience or quality.The packets are designed for portability and ease of use in foodservice environments, providing a smooth, spreadable texture suitable for bagels, toast, and similar applications. The product is allergen-friendly, carrying Halal, Kosher-Pareve, and Non-GMO Project Verified certifications.© Daiya. Convenience without compromiseJohn Kelly, Daiya’s chief marketing officer, commented: “Consumers want convenience without compromise—this delivers both, while giving foodservice operators a seamless solution to meet growing demand.”Daiya presented this new product at the National Restaurant Association Show (NRA) in Chicago this week, where it was displayed alongside other new offerings including a Dairy-Free Cheese Sauce designed for nachos, hot dogs, and comparable dishes. This sauce features a melt-ready consistency and is developed for back-of-house efficiency with pump compatibility and boil-ready packaging.The company just received a Food Beverage Innovation (FABI) award from the NRA Show for its dairy-free mozzarella shreds, and also recently updated its dairy-free cream cheese and mac cheese products with improved formulations using the Oat Cream blend to enhance taste and texture

Vegan Hub
May 22nd, 2025
Grab-and-Go Dairy-Free Cream Cheese Packets Added to Daiya's Foodservice Portfolio

At the National Restaurant Association Show, Daiya showcased their new cream cheese packets alongside other new products, such as a Dairy-Free Cheese Sauce designed for nachos and hot dogs.

Daiya Foods
May 14th, 2025
Daiya Introduces First-to-Market Dairy-Free Cream Cheese Packets for Foodservice Operators

Daiya introduces first-to-market Dairy-Free Cream Cheese Packets for foodservice operators.

Vegan Hub
May 12th, 2025
Daiya, No Meat Factory & Other Plant-Based Companies Recognized at FABI Awards 2025

Daiya, No Meat Factory & Other plant-based companies recognized at FABI Awards 2025.

Vegconomist
May 5th, 2025
Daiya Reformulates Classic Dairy-Free Cream Cheese And Mac & Cheese For Enhanced Flavor

Daiya has introduced updated versions of its Dairy-Free Cream Cheese and Deluxe Mac Cheese lines, featuring improved formulations with enhanced taste and texture.“Innovation is in Daiya’s DNA” The newly reformulated Dairy-Free Cream Cheese now includes Daiya’s proprietary Daiya Oat Cream™ blend, which contributes to a smoother and creamier consistency. The updated line features four flavors, including the introduction of a new Cinnamon Twist variety. This new option combines cinnamon, nutmeg, and vanilla for a sweet, spiced spread that caters to a growing demand for indulgent flavors. Daiya’s Deluxe Mac Cheese has also undergone reformulation, with changes made to both the sauce and pasta for improved texture and flavor. The updated product line includes three varieties: Cheddar, White Cheddar, and Alfredo. The reformulated versions are said to offer a richer, more satisfying dairy-free comfort food experience.© Daiya

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