Cheddar Cheese: Technology and Market Dynamics
Cheddar Cheese is a good source of protein and calcium but is often high in saturated fat and salt. This means too much eating of cheese can lead to high cholesterol and higher blood pressure, increasing risk of cardiovascular diseases (CVD). It also contains a large amount of other essential nutrients such as phosphorous, zinc, riboflavin, vitamin B12 and vitamin A. In modern world, the Cheddar cheese has a huge market and is widely used from a delicious apple pie in a dessert to sprinkling atop of casserole or melted in a dip.
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Cheddar cheese market can be segmented on the basis of form, flavor and texture, end use, sales channel, packaging and region.
On the basis of form, cheddar cheese market can be segmented into block, crumbled, slice and spread. These various forms of cheddar cheese are used as an ingredient in salads, quiches, dips and as a topping for savory baked dishes and ready meals. The slices and spread form of cheddar cheese is widely used in sauces, coatings, glazes, seasoning blends and bakery applications. On the basis of flavor & texture, cheddar cheese market can be segmented into mild cheddar, sharp cheddar, extra sharp cheddar and premium cheddar. The flavor and texture of cheddar cheese vary, largely depending upon the ageing time period. On the basis of sales & distribution channel, cheddar cheese market can be segmented into direct and retail sales. Direct sales refers to direct selling of cheddar cheese as an ingredient to other industries. Retail sales is further sub-segmented into convenience stores, grocery retailers, online retailers, and other retailing formats. Cheddar cheese market can be further segmented on the basis of end-use into Commercial and Household application. In commercial use it can be further sub-segmented into food manufacturers, HoReCa chains and others. On the basis of region, Cheddar Cheese market can be segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Middle East and Africa and Japan.
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Drivers, Restraints, and Trends:
Key demand of cheddar cheese include mainly from food manufacturers and food service restaurant. Changing tastes, westernization of food meals, social gatherings, increasing influence of dairy products in consumer diets and higher disposable income is fueling the growth of market worldwide. Also, the growth of cheese consumption among young children & adults can be more prominently seen due to changing food consumption patterns.
Increasing trends of experimentation in food industry across the globe is driving the market over the forecasted period with new dishes and recipes.
However, growing awareness towards low calorie food owing to increasing obesity among cheddar cheese consumers is going to be a major constraint among the years to come.
Europe expected to be the largest market for Cheddar Cheese due to increased production of dairy products and rising levels of nutrient deficiency among European consumers. But a rising health conscious population is expected to fuel the demand more for low fat cheddar cheese in the coming years. Asia Pacific market excluding Japan is expected to trace the fastest pace in the upcoming years. India is projected to hold a major chunk due to westernization of fast food trends, changing lifestyle and eating patterns and rising disposable income. Latin America is expected to explode due to massive augmentation in dairy production, mainly in Brazil. Whereas, Western Europe attracts more tourists and hence the food innovations keep on exploding with wide variety of dishes. However in Japan, the consumption of dairy products is much less than of Europeans and Americans, as dairy products were never a part of their traditional food diet. Thus cheddar cheese market in Japan is expected to account for low share in terms of value in the near future.
Some of the prominent players of Cheddar Cheese are Amul, Britannia Industries Ltd, Kraft Foods, Sargento Food Inc, Parag, Almarai, Bega Cheese, Nandini Cheese, Sargento, Burnett Dairy, Bongards, Tetrapak and various other regional manufacturers.
Cheddar Cheese Market Segments
Cheddar Cheese Market Dynamics
Historical Actual Market Size, 2015-2016
Cheddar Cheese Market Size & Forecast 2017 To 2027
Cheddar Cheese Market Supply & Demand Value Chain
Cheddar Cheese Market Current Trends/Issues/Challenges
Players Competition & Companies Involved in Cheddar Cheese market
Cheddar Cheese Market Technology
Cheddar Cheese Market Value Chain
Cheddar Cheese Market Drivers and Restraints
Regional analysis for Cheddar Cheese market includes
US & Canada
Brazil, Argentina & Others
Australia and New Zealand (ANZ)
Rest of Asia Pacific
The Middle East and Africa
Other Middle East
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
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