Cheese Market is projected to expand at a steady CAGR over the forecast by 2031 | Glanbia, Saputo, Arla Foods, BEL Group

According to a new market research report published by Global Insight Services "Cheese Market is expected to reach US$ XX bn by 2031". Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Cheese is a dairy product that is made from milk. The milk is first curdled and then the curd is separated from the whey. The curd is then pressed and aged to create cheese. Cheese can be made from cow's milk, goat's milk, or sheep's milk. There are many different types of cheese, such as cheddar, Swiss, and mozzarella. Cheese is a good source of protein and calcium.

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Key Players

• Glanbia
• Saputo
• Arla Foods
• BEL Group
• Fonterra
• FrieslandCampina
• Dalter Alimentari Spa

Key Trends

- One of the trends in the market is the rising demand for artisanal and specialty cheeses mainly due to the growing popularity of cheese as a gourmet food item, and in part by the increasing availability of high-quality milk and other ingredients. As a result, we are likely to see more small-scale cheese producers and a greater variety of cheeses in the market.
- Another trend is the use of new technologies to improve cheese quality and consistency. This includes the use of enzymes and other additives to control the ripening process, as well as the use of sensors and other devices to monitor cheese quality during production. In addition, new packaging technologies are being developed that can extend the shelf life of cheese without compromising quality.

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Key Drivers

- One of the factors driving the cheese market growth is the increased awareness regarding good sources of nutrients, which includes calcium, zinc, phosphorous, vitamin B12, and vitamin A, which are essential for building strong bones along with certain high-quality proteins that offer essential building blocks for strong muscles.
- Growing consumer demand for western cuisines is another key driver of the cheese market. Cheese is a staple in many diets around the world, and the demand for cheese is generally inelastic. This means that changes in price have a relatively small impact on the demand for cheese. The taste and quality of cheese are important factors in determining consumer demand.

Market Segments

By Type
• Mozzarella Cheese
• Cheddar Cheese
• Parmesan Cheese
• Other Cheese

By Distribution Channel
• Supermarkets/Hypermarkets
• Convenience Stores
• Specialty Stores
• Other Distribution Channels

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This release was published on openPR.