Specialty Cheese Market Global Research, Size, Share, Gross Margin, Key Players Review and Forecast to 2023

Market Overview:

Specialty Cheese is a type of cheese in which particular attention is given to natural flavor and texture. It is a rich source of protein, calcium, and phosphorus. Specialty cheese is derived from various sources of milk such as goat milk, sheep milk, whole cow milk, skimmed cow milk, and buffalo milk. Availability of great range specialty cheese products is gaining popularity among the consumers.

The North American market is expected to witness higher demand for specialty cheese over the forecast period 2017-2023. The U.S. dominates the North American market. Furthermore, increasing applications of specialty cheese in the food industry is boosting the market growth. Moreover, the inclination of the consumers towards including cheese in their fast food and snack products is driving the market of specialty cheese in this region.

High focus on product innovation by various key players is supporting the growth of the specialty cheese market. However, the continuous surge in the price of milk may hamper the market over the review period. Nevertheless, all these factors projected to lead the growth of the North American market at a CAGR of 4.2% during the forecast period 2017-2023.

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Major Key Players:

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

Some of the key players profiled in the Global Specialty Cheese Market are BelGioioso Cheese Inc (U.S.), Bel Brands (U.S.), ORNUA FOODS NORTH AMERICA INC (U.S.), Arla Foods (Denmark), Kanegrade Ltd. (U.K.), Kraft Heinz Ingredients (U.S.), and Saputo Inc. (Canada)

 The specialty cheese market is segmented on the basis of type, source, flavor, distribution channel, and region.

Key Findings:

Specialty cheese makers are focusing on collaborative projects for product innovations. Organic specialty cheese is increasingly gaining acceptance among the growing population

Segments:

Specialty cheese is segmented on the basis of a type such as fresh, aged fresh, soft white, semi-soft, hard, flavored, and others. Among all, the fresh specialty cheese segment is dominating the market. Owing to the low contamination issues in fresh specialty cheese followed by its rich flavor attribute, it is expected to grow substantially over the forecast period. Moreover, the hard cheese is experiencing a steady growth based on its prolonged shelf life compared to other cheese types.

On the basis of source, the specialty cheese is segmented into goat milk, sheep milk, whole cow milk, skimmed cow milk, and buffalo milk. The whole cow milk segment is dominating the market for the rich taste of cheese sourced from cow milk. However, due to increasing health consciousness among the consumers, skimmed cow milk is expected to surge in the coming years.

Based on the flavor, specialty cheese is segmented such as herbs, spices, fruits, nuts, and others. However, spices flavor is witnessed to be growing in the market followed by the herbs flavor.

On the basis of the distribution channel, specialty cheese is segmented such as 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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This release was published on openPR.