Global Cheese Market is expected to be US$ 173 Billion by the year 2025
Cheese is a highly nutritious and delicious food product derived from milk that is available globally in a wide variety of textures, tastes, and aromas with about 2000 varieties at present. The difference between texture and taste is determined by the raw material used during cheese preparation, such as animal-producing type & breed of milk, grazing and climatic conditions, and others. Cheese absorbs about one-tenth of the milk volume, making it portable with a longer shelf-life than milk. Global Cheese Market is expected to be US$ 173 Billion by the year 2025.
Cheese comes in various types such as Processed Cheese (Spreadable Processed Cheese, Other Processed Cheese), Un Processed Cheese (Hard Cheese, Soft Un Processed Cheese) some of the products are Parmesan, Cheddar, Mozzarella, Feta, Roquefort and Others products.
Cheese Companies
Some of the food companies producing cheese on a large scale are Savencia Fromage & Dairy, Kraft Heinz Company, Arla Foods, Bel Group, and FrieslandCampina. According to Renub Research analysis,
Benefits of Cheese
It is high in protein, essential minerals, fat, calcium, and other nutrients. In addition, it provides certain health benefits such as stronger teeth & bones, healthier heart (if consumed in small amounts), osteoporosis prevention, and more. Also, some cheese types, such as cheddar, parmesan, Roquefort, and others, can be safely eaten by people with milk allergies andlactose intolerance.
Currently, the global cheese market is driven by growth in the number of fast service restaurants (QSRs) in developing regions, and QSR outlets already established in developed regions. Moreover, longer shelf-life of cheese products, higher disposable incomes and higher demand for protein-rich foods propel market growth. However, increasing rates of obesity & health awareness among adults, harmful additives & constituents in processed cheese, and the perishable nature of the cheese products are expected to hamper the market growth during the forecast period for the cheese industry. Besides, growing low-fat cheese market and numerous developments to enhance the product's flavour & quality offer new business opportunities.
Cheese is known for its unique taste and health properties as it is a major source of Vitamin A, Vitamin B12, calcium, zinc, protein, healthy fats, and phosphorus. Besides cheese consumption helps in stronger bones, teeth, and prevents osteoporosis, and it is healthy to heart, it is useful in maintaining lower blood pressure (if consumed in moderate quantity); it is also healthy for blood vessels, cells due to its antioxidant properties. Cheese is also helpful for boosting gut bacteria; the presence of Omega-3 fatty acids makes it a health food. To make cheese various steps are involved like curdling, coagulation involving proteins like casein, and whey, fermentation, ripening, etc. to produce different types of Cheese.
Countries like China and India are a much bigger market due to the huge population. The demand for Cheese is also increasing due to urbanization, growth in disposable income, which is increasing the purchasing power of the consumer, and motivating to buy a product like Cheese. It is also a basic component of the Ketosis diet, which is followed by a huge population throughout the world and disseminates the benefits of consuming Cheese. With the growth of the organized retail sector, the market of Cheese is also poised to increase.
The impact of COVID-19 on Global Cheese Market
The governments have imposed lockdown through the world and economy of most countries is affected due to this pandemic, people cannot come outside from their house and spending the whole time with family members. The supply of non-essential products is banned only personal care, food and beverages and grocery items can be brought through offline and online methods. The demand for cheese is also affected due to this outbreak as restaurants, hotels and food outlets are closed. These Fast-food chain restaurants like Domino's Pizza and McDonald's use cheese in food items like pizza and burger as well as Mexican dishes, sandwiches, and salad, it can be added to soups, sauces, pastries, and other dishes, which is liked by consumers worldwide. Cheese also can be used as a snack or an appetizer. However, the demand for cheese in home has increased as people are staying in their homes and are trying new recopies.
Request a free Sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=global-cheese-market-p.php
Market Summary:
By Country: This report has covered the cheese market for the following countries: the United States, the United Kingdom, Canada, France, Japan, Germany, China, Italy, India, Spain, and the Rest of the World. According to Renub Research analysis United States holds a significant amount of market share.
By Type: Cheese market also has been categorized on the basis of type: Un-Processed Cheese (Hard Cheese, Soft Un-Processed Cheese), Processed Cheese (Spreadable Processed Cheese, Other Processed Cheese).
By Product: Following type of Cheese, products are covered in this research report: Cheddar, Parmesan, Mozzarella, Feta, Roquefort, and Others. Cheddar is leading the cheese market globally with the biggest market share.
By Channel Distribution: The following distribution channels are covered in this research report: Hypermarket, Supermarket, Food Specialty Store, Convenience Store, and Others. Food Specialty Store will have a significant market share as the demand of Cheese is enormous, and sales are growing at a rapid pace.
By Company: Overview, Initiatives & Recent Developments and sales analysis of Arla Foods, Kraft Heinz Company, Bel Group, Savencia Fromage & Dairy, FrieslandCampina is also given in the research report.
About the Company:
Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises of major players in Life Sciences, Information Technology, Telecom, Financial Services (Banking, Insurance), Energy, Retail, Manufacturing, Automotive, and Social sector. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.
Contact Us:
Renub Research
Phone No: +1 678-302-0700 (USA) | +91-120-421-9822 (IND)
Email: info@renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research
Comments
Post a Comment