Cheese Market is Expected to Reach $164,338 Million by 2023 | Top Players are Arla Foods, Bel Group, Fonterra Food, Kraft Heinz, Lactalis Group, SAVENCIA SA, Britannia Industries Limited.
Cheese is a dairy product rich in several milk fats, vitamins, and minerals, prepared by coagulation of milk proteins, separation of whey, and subsequent ripening. Milk is the major raw material used in preparation of cheese, which is reduced to one-tenth of its volume after the formation of final product. It is manufactured in variety of shapes, textures, and flavors based on the country or region where it is produced. According to types it consists of different proportions of fats and proteins.
Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/2360
The animals whose milk are used during cheese-making include cows, buffaloes, goats, and sheep. Moreover, cheese comes in various forms, namely, hard, semi-hard, soft, and fresh. In addition, cheese offers several health benefits such as lower blood pressure, facilitated absorption of minerals via digestive tract, stronger bone & teeth, prevention of heart disease & osteoporosis, and others.
Major Company Profiled are:
• Arla Foods
• Bel Group
• Fonterra Food
• Kraft Heinz
• Lactalis Group
• SAVENCIA SA
• Britannia Industries Limited
• Associated Milk Producers Inc.
• Saputo Inc.
• Gujarat Cooperative Milk Marketing Federation Ltd.
Get a purchase enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/2360
In 2016, North America and Europe collectively accounted for more than 70% of the global cheese market with lesser CAGR compared to other regions, but are expected to retain more than 70% share till 2023. This is due to high per capita consumption of cheese in different countries of these regions and already established fast food restaurant chains. Asia-Pacific is projected to grow at the highest rate followed by LAMEA, owing to increase in urbanization coupled with rise in disposable income.
The global cheese market was mainly occupied by North America and Europe with a share of almost 80% in 2016. At the moment, the market is driven by a large number of fast restaurants (QSRs) in the developed regions and the growth in the number of QSRs in developing countries. Regions. In addition, extended shelf life of cheese products, increase in disposable income and a strong increase in demand for high-protein foods.
However, growth in obesity and rising health awareness in adults, unhealthy additives and ingredients in processed cheese and perishable nature of cheese products are expected to impede market growth during the forecast period. In addition, the evolving market for low-fat cheese and various innovations to improve cheese flavor and quality offer new opportunities.
Access Full report @ https://www.alliedmarketresearch.com/cheese-market
The natural cheese segment is anticipated to grow at the highest CAGR throughout the analysis period, due to high health benefits, negligible use of harmful preservative or artificial additives, and superior quality as compared to processed cheese. The raw materials employed in making the natural cheese include cultured milk, salt, enzymes, and natural colors for orange cheddars.
In 2016, the cheddar cheese segment occupied the major market in terms of revenue, and is expected to maintain this trend during the forecast period, owing to the increase in inclination of consumers toward nature-based products and absence of harmful additives in cheddar. The supermarkets and hypermarkets are the main distribution channels responsible for high sales of cheese in the global market due to convenience for customers in selecting the desired variety. In 2016, Europe dominated the global cheese market with more than half of the share due to high demand in France, Finland, Denmark, Germany, and other countries. In addition, Asia-Pacific is expected to witness highest growth rate during the forecast period, owing to rapid expansion in QSRs offering variable cuisines with large amount of cheese such as macaroni, pasta, burger, pizza, and others.
Key Findings of the Cheese Market:
• The natural cheese market is expected to grow at the highest CAGR of 2.1%, in terms of volume, during the forecast period.
• The convenience and specialty stores segments are anticipated to be the fastest developing distribution channels, terms of value, growing at a CAGR of 1.9% and 3.2% respectively, from 2017 to 2023.
• Asia-Pacific is expected to grow at the highest CAGR of 4.2% from 2017 to 2023.
• The cow milk segment occupied more than 80% share in the global market in 2016 and is anticipated to witness the highest growth rate during the forecast period.
• The cheddar cheese product segment accounted for the major market share in 2016, and is anticipated to grow at the highest CAGR of 2.6% in terms of volume.
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cheese Market is Expected to Reach $164,338 Million by 2023 | Top Players are Arla Foods, Bel Group, Fonterra Food, Kraft Heinz, Lactalis Group, SAVENCIA SA, Britannia Industries Limited. here
News-ID: 1715562 • Views: 292
More Releases from Allied Market Research
Torsional Vibration Damper Market Trends And Strategies Scrutinize In A New Rese …
The torsional vibration damper is crankshaft pulley that comprises rubber material for dampening the vibrations produced within the engine compartment due to rotation of the crankshaft. In an internal combustion engine, crankshaft vibration is inherent because of the uneven forces that directly acts on the crankshaft. The rotation of the crankshaft produces vibration in the engine compartment, which is dampened by torsional vibration dampers. The rubber material is mounted between
Selector Lever Market Competitive Landscape, Driving Factors and Challenges Anal …
An automotive selector lever is used to shift gears in a vehicle. The automotive selector level is mounted between the driver and front passenger seats. These leavers are mainly utilized in the vehicles to facilitate the driver or user to adapt to the gear shifting process. The gear levers are primarily poisoned in the middle console of a vehicle in order to attain optimal ergonomics for an energetic driving experience.
UAV Payload Market key Drivers, Business Insights, Trends and Applications by 20 …
The unnamed ariel vehicle (UAV) payload a drone indispensably carries extra weight which is not included in the weight of the drone itself. This weight includes extra cameras, sensors, or packages for delivery. Payloads that are required for business drones mainly include GPS, additional data telemetry, LiDAR etc. With the advancement in technology, military sectors, as well as commercial users, are increasingly utilizing drones to enhance their services and outputs.
Safety Restraint Systems Market Applications, Regional Analysis, Key Players and …
The safety restraint systems products are being introduced in the market to prevent and reduce the risk of accidents, maintain traffic discipline, control and curb wayward vehicle movement and ensure safe travel for commuters. The components of traffic safety include a median barrier, crash cushions, guardrail, and end treatments, truck escape ramps, and breakaway supports for signs and light standards. The constant need for road safety for reducing traffic, congestion,
More Releases for Cheese
Goat Cheese Market Forecast to 2027 – Amsterdam Cheese Company, Avalanche Chee …
This research report will give you deep insights about the Goat Cheese and it will also help you in strategic decision making. The final research document is an exhaustive document comprising of 150 pages. All our reports are usually purchased across industries by Executives, Managers, Senior Managers, Strategy people, Directors, Vice Presidents, CXOs, etc. and help them in understanding about the market trends and analysis, competition, industry landscape, market size,
Smoked Cheese Market
https://www.qandqmarketresearch.com/reports/7443166/smoked-cheese-market-26 Smoked cheese is a variety of cheese which is specially treated by smokecuring. Coldsmoking or hotsmoking methods achieve the process of smokecuring. 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. The global Smoked Cheese market is valued at xx million US$ in 2018 and will reach xx
Vegan Cheese Market
https://www.qandqmarketresearch.com/reports/7320715/vegan-cheese-market-69 Vegan cheese is a nondairy cheese mainly produced for vegans as well as for other people who avoid animal products, with those people who are lactoseintolerant. The global Vegan Cheese market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 20192025. The objectives of this study are to define, segment, and project the size
Sliced Cheese Market
https://www.qandqmarketresearch.com/reports/7284782/sliced-cheese-market-40 In 2017, the global Sliced Cheese market size was million US$ and is forecast to million US in 2025, growing at a CAGR of from 2018. The objectives of this study are to define, segment, and project the size of the Sliced Cheese market based on company, product type, application and key regions. This report studies the global market size of Sliced Cheese in key regions like North America, Europe, Asia
Global Cottage Cheese Market By Product Type | Natural Cheese, Processed Cheese …
Researchmoz added Most up-to-date research on "Global Cottage Cheese Market By Product Type | Natural Cheese, Processed Cheese and Cheese Food" to its huge collection of research reports. This report studies Cottage Cheese in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers in
Cheese in Uruguay
ReportsWeb.com has announced the addition of the “Cheese in Uruguay” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. Cheese exports continued to fall in 2016, along with prices paid internationally for Uruguayan cheese. The main exporting companies have been unable to find new destinations to absorb the loss of the Venezuelan market, which, until 2014, purchased more than 50% of