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Cheese Sauce Market Growth Prospects 2026 By Leading Players: Gehl Foods LLC, Conagra Brands, Inc., The Unilever Group, Kraft Foods Inc., AFP Advanced Food Products LLC, Bay Valley Foods, LLC, Nestlé S.A., The Tatua Co-operative Dairy Company Limited

11-21-2018 11:21 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: coherenet market insights

cheese sauce

cheese sauce

Cheese sauce, also called as cheddar sauce or cheddar cheese sauce, mainly comprises dehydrated salts, cheese powder, emulsifying salts, and fillers such as flour, starch, buttermilk, whey, or skim milk. It is used as an ingredient in cooking pasta and is also poured over meats and vegetables. Cheese sauce contains large amount of calcium and protein due to the presence of cheese.

Market Dynamics

By the launch of new products, manufacturers are targeting consumers with busy lifestyles and this in turn is driving growth of the market. For instance, in April 2014, Simplot Australia Pty Ltd., a food manufacturer launched a range of cheese sauce products for consumers who are looking for tasty, simple, and nutritious meal ideas. Furthermore, increasing consumption of cheese and cheese products is projected to drive the market growth. According to the Canadian Dairy Information Center, per capita consumption of cheese in Canada was valued at 12.7 kg in 2015, which further increased to 13.4 kg in 2016.

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However, high cost of cheese powder, which is the main ingredient of cheese sauce is expected to hinder growth of the market. Furthermore, rising prevalence of diabetes, heart diseases, and obesity are factors that are expected to restrain growth of global cheese sauce market over the forecast period.

Market Outlook

North America is projected to witness significant growth in global cheese sauce market over the forecast period, owing to increasing disposable income and increasing demand for cheese products in variety of dishes. According to the World Bank Organization, the GDP per capita in the U.S. was US$ 56,469 in 2015 and increased up to US$ 57,638.16 in 2016. However, increasing cases of botulism in the U.S. due to consumption of contaminated food containing toxins, is negatively impacting the growth of market. According to the Centers for Disease Control and Prevention (CDC), some of the examples of contaminated foods causing botulism included cheese sauce, carrot juice, wrapped baked potatoes, and others. Also, the cheese used in cheese sauce should comply with the standards of identity for cheese and cheese based products, as stated in the U.S. Food and Drug Administration (FDA), 21 Code of Federal Regulation (CFR).

Cheese Sauce Market Taxonomy

On the basis of product type, the cheese sauce market is segmented into:
Jalapeno
Nacho
Cheddar
Others

On the basis of distribution channel, the cheese sauce market is segmented into:
Hypermarket
Supermarket
Online Channels
Convenience Stores
Others

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Some of the leading players operating in the global cheese sauce market include Gehl Foods LLC, Conagra Brands, Inc., The Unilever Group, Kraft Foods Inc., AFP Advanced Food Products LLC, Bay Valley Foods, LLC, Nestlé S.A., The Tatua Co-operative Dairy Company Limited, and Hexa Food Sdn. among others.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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Coherent Market Insights
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