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Cheese Market Size, Share, Trends, Company Profile, Future Scope Analysis, Forecast 2027

02-08-2021 02:39 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Cheese Market

Cheese Market

Cheese is a rich source of nutrients such as protein, minerals, vitamins, and calcium, among others. Consumption of cheese lowers the risk of medical conditions such as diabetes, and heart diseases among others. Therefore, various health benefits associated with consumption of cheese are expected to boost the growth of the global cheese market over the forecast period.

Rapid urbanization and increasing number of working women has raised the demand for ready-to-eat food products. Moreover, the availability of cheese as a snack with no artificial ingredients is also expected to facilitate growth of the global cheese market during the forecast period.

The most preferred form of cheese is the shredded form since it melts quickly and forms a soupy layer. Therefore, this form of cheese is primarily used in pizza baking. Also, the shelf life of shredded cheese is 5-7 days, hence, quick service restaurants, pizzerias, and on-the-go meal vendors prefer shredded form of cheese. Furthermore, the advent of variety in cheese such as string cheese among others is gaining traction in the market. For instance, WhiteWave Foods Company's 'Horizon Organic' brand offers organic mozzarella string cheese. Saputo Cheese USA Inc. also offers cheese snacks in the form of string cheese, swirl cheese, cheese sticks, and cheese snack bars as everyday snack items.

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Among product type, mozzarella cheese is expected to gain a significant market share during the forecast period owing to its use as a pizza topping. Pizza consumption rate is higher in developed countries such as the U.S. and in countries of Europe. Moreover, pizza consumption is increasing in emerging countries of the Asia Pacific region as well, owing to westernization, urbanization, and changing food habits. Therefore, increasing pizza consumption is expected to fuel demand for mozzarella cheese, and boost the growth of global cheese market.

Market Taxonomy:

On the basis of product type, the global cheese market is segmented into:
Mozzarella Cheese
Cheddar Cheese
Feta Cheese
Others

On the basis of form, the global cheese market is segmented into:
Shredded
Slices
Blocks
Cubes

On the basis of milk source, the global cheese market is segmented into:
Buffalo
Cow
Sheep
Goat

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Key players operating in the global cheese market include The Kraft Heinz Company, Carbery Group, Arla Foods Amba, Dairygold Co-Operative Society Ltd., Bel Group, Britannia Industries Limited, Lactalis International, Fonterra Co-operative Group, Associated Milk Producers Inc., and Sargento Foods Incorporated.

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About Coherent Market Insights:
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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