Worldwide Smoked Cheese Market Top Key Players Analysis 2018 to 2023 | Dewlay Cheesemakers Ltd., Hilmar Cheese Company, Lioni Latticini and Ludlow Food Centre Ltd | Business Opportunity and Forecast

Market Overview:
Smoked cheese is a variety of cheese which is specially treated by smoke-curing. Cold-smoking or hot-smoking methods achieve the process of smoke-curing. Smoking is a conventional method of food preservation, but smoking of cheese imparts an additional flavor to the product. Smoked cheese is used to fulfill appetite for grilled flavor. Commercially available smoked cheese varieties include smoked cheddar, apple cheddar, smoked mozzarella, rauchkase and smoked gouda. The smoked cheese market comprises of processed and natural smoked cheese. However, the demand for natural smoked cheese is increasing owing to consumer preference for natural products across the globe.

Smoked Cheese Market is projected to grow at a CAGR of 4.2% over the forecast period. Smoked cheese is a variety of cheese, which is prepared by smoke-curing methods. Smoking is a conventional food preservation technique, but smoking of cheese imparts an additional smoky-grilled flavor to the product. Commercially available smoked cheese varieties include smoked cheddar, apple cheddar, smoked mozzarella, rauchkase, and smoked Gouda. Application of smoked cheese in pizza toppings, sandwiches, and other bakery products is gaining popularity among the consumers.

North America is expected to show a higher growth rate in the smoked cheese market over the forecast period 2017-2023. The U.S. is dominating in smoked cheese market in the North American region due to high demand for smoked cheese ingredients from pizza manufacturers and bakery. Owing to higher shelf-life and better taste, the demand for smoked cheese products like pizza, sandwiches, and others is driving the smoked cheese market in this region.

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Furthermore, focus on naturally smoked cheese and flavored smoked is supporting the growth of the smoked cheese market. However, health concerns like diabetes, cholesterol, and hypertension caused by heavy consumption of cheese and cheese products may hamper the global smoked cheese market.

North American smoked cheese market is projected to grow at a CAGR of 4.0% during the forecast period 2017-2023.

Major Key Players:
This report includes a study of strategies such as mergers, acquisitions, and product launches by the major smoked cheese players. It further includes product portfolios, developments of leading players, which includes

Some of the key players profiled in the global smoked cheese market:  Leprino Foods Company, Inc. (U.S.), Carr Valley Cheese Company, Inc. (U.S.), Dewlay Cheesemakers Ltd. (U.K.), Hilmar Cheese Company, Inc. (U.S.), Lioni Latticini, Inc. (U.S.), Ludlow Food Centre Ltd. (U.K.), Gilman Cheese Corporation (U.S.)

Key Findings:
Demand for naturally smoked cheese is increasing among the urban population. Consumption of flavored smoked cheese products is gaining popularity

Segments:
Smoked Cheese is segmented on the basis of the source which includes, naturally smoked cheese and processed smoked cheese. In this segment, processed smoked cheese is dominating the market. The  processed smoked cheese market is expected to grow substantially owing to higher shelf life and better smoky-grilled taste for consumers over the forecast period. However, naturally smoked cheese is experiencing a high demand from consumers and is expected to grow during the forecasted period.

On the basis of product type, the smoked cheese market is segmented in smoked mozzarella, soft cheese, smoked cheddar, fresh cheese brie, liquid smoked cheese, and others. Among all the product types, smoked mozzarella is dominating the market because of its high usage in pizza toppings and other bakery products. However, the demand for smoked cheddar cheese and other flavors of smoked cheddar cheese is expected to experience a high demand owing to increasing consumption of convenience food in growing countries.

On the basis of the distribution channel, the market is segmented into store-based and non-store based distribution channel. However, the store-based distribution channel is dominating the market based on one-stop shopping experience.

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Regional Analysis:
The Global Smoked Cheese Market is segmented into Europe, North America, Asia Pacific and rest of the world (RoW). Europe is dominating the in the smoked cheese market followed by North America. Europe is the leading player in the global smoked cheese market. Increasing consumption of processed food and application of smoked cheese in food dressing is driving the smoked cheese market in this region. In North America, the U.S. holds the highest market share of smoked cheese market.

Moreover, rapid urbanization, shift in consumption pattern towards ready-to-eat food in countries like India and China, a healthy growth is expected in the smoked cheese market in Asia Pacific region. Additionally, high focus on adding new flavors in smoked cheese is increasing the range of smoked cheese products, which is likely to uplift the market for smoked cheese at the global level.

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