Cheese Sauce Market Growth Opportunities By 2026 | Top Vendors 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, a

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. According to the Centers for Disease Control and Prevention (CDC), around 36.5% of the U.S. adults have obesity and the prevalence of obesity was higher among the adults and middle-aged population, which in turn is expected to hinder growth of the market.

Market Trends

On the basis of product type, the jalapeno cheese sauce segment is expected to show a significant growth in the cheese sauce market over the forecast period. This is attributed to advantageous health benefits of jalapeno, as it contains vitamin A, vitamin C, and various minerals such as magnesium, iron, phosphorous, and others, which helps in maintaining healthy muscular functioning and healthy RBC’s.

Online channels segment is significantly gaining traction, as it offers a wide range of products through a single website and offers free delivery. According to the Coherent Market Insights, the global online retail segment was valued at US$ 2,171.22 billion in 2016 and is expected to reach US$ 9,572.96 billion by 2025.

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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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This release was published on openPR.