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Insightful Forecast for Food Service Feta Cheese Market 2024-2033: Exploring Size, Share, and Revenue Growth

02-29-2024 02:09 PM CET | Food & Beverage

Press release from: The Business research company

Food Service Feta Cheese

Food Service Feta Cheese

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Food Service Feta Cheese Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The food service feta cheese market size has grown strongly in recent years. It will grow from $2.73 billion in 2023 to $2.91 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to globalization of food culture, consumer preferences for natural ingredients, vegetarian and mediterranean diets, cheese board and appetizer culture, premiumization of ingredients, demand for convenience foods..

The food service feta cheese market size is expected to see strong growth in the next few years. It will grow to $3.8 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to rising popularity of plant-based diets, sustainable and ethical consumer choices, culinary fusion and cross-cultural cuisine, focus on local and artisanal products, influence of food influencers.. Major trends in the forecast period include innovation in cheese formats, clean label and natural ingredients, online food delivery and takeout services, innovations in packaging, cheese board and charcuterie trends..

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Market Segmentation:
The food service feta cheese market covered in this report is segmented -

1) By Type: Bulgarian Feta, German Feta, French Feta, PDO Feta, Other Types
2) By Source: Cow Milk, Sheep Milk, Goat Milk
3) By Application: Salads, Pastries, Sandwich, Pasta, Meat, Pizza, Other Recipes

Major Driver - Rising Demand For Takeaway Meals To Fuel Food Service Feta Cheese Market Growth
Growing demand for prepared meals or takeaway meals is expected to propel the growth of the food service feta cheese market. A takeaway meal is ordered and prepared in a restaurant and then carried home to be consumed at home or somewhere else. Feta is a versatile cheese that adds flavor to pasta dishes, salads, creamy dips, and many other foods. Feta cheese recipes are popular for supper or midweek dinners that are brought home from the restaurant. For instance, in February 2022, as per the report published by the Census and Statistics Department, a Hong Kong-based economic statistics provider, total receipts at Chinese restaurants climbed by 18.3% in value and 16.4% in volume in 2021. Non-Chinese restaurant total receipts climbed by 23.1% in value and 20.7% in volume. Fast food restaurant total sales climbed by 8.6% in value and 6.4% in volume. Therefore, the growing demand for prepared meals or takeaway meals will drive the food service feta cheese market.

Competitive Landscape:
Major companies operating in the food service feta cheese market report are Arla Foods AMBA, Fonterra Co-Operative Group Limited, Lactalis American Group Inc., Saputo Inc, Dodoni S.A., Kolios S.A, Mevgal S.A., The Kraft Heinz Company, Clover Leaf Cheese Ltd, Saudia Dairy and Foodstuff Company, D'lecta Foods Pvt Ltd, Tre Stelle SRL, CARR Group PTE Ltd, Organic Valley, Agropur Cooperative, Danone S.A., Nestlé S.A., FrieslandCampina N.V., Groupe Bel S.A., Emmi AG, Fromageries Bel S.A., Barry Callebaut Group AG, Gruppo Lactalis Italia S.p.A., Savencia Fromage & Dairy S.A., Saputo Cheese USA Inc., Karoun Dairies Inc., Hoogwegt Group, Lioni Latticini Inc., Leprino Foods Company, Old Europe Cheese Inc., Norseland Inc., Bongrain S.A., Vermont Creamery Inc., Petaluma Creamery LLC, President Cheese Inc., Klondike Cheese Company LLC, Fantis Foods Inc., Yanni's Cheese Inc., Kronos Foods Corporation .

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https://www.thebusinessresearchcompany.com/report/food-service-feta-cheese-global-market-report

Top Trend - Product Innovation In Food Service Feta Cheese Market
Product innovations have emerged as a key trend gaining popularity in the food service feta cheese market. Major companies operating in the market are advancing toward the use of innovative solutions for the food service feta cheese market. For instance, in December 2021, Dodoni S.A., a Greece-based agricultural dairy company, launched an innovative spreadable cheese with DODONI Feta and Yogurt. Dodoni Spread is a spreadable cheese based on PDO Dodoni Feta. It's a spreadable product comprised of whole pieces of feta and DODONI yoghurt. The product features low fat (16%), a high protein content, and spreads easily owing to its creamy texture, making it a great alternative for spreading. It is available in three flavors: natural taste, tomato basil, and chili pepper.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Food Service Feta Cheese Market Characteristics
3. Food Service Feta Cheese Market Trends And Strategies
4. Food Service Feta Cheese Market - Macro Economic Scenario
5. Food Service Feta Cheese Market Size And Growth
…..
27. Food Service Feta Cheese Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

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