Press release
Key Influencer in the Liquid Cheese Market 2025: Surge In On-the-Go Snack Consumption Drives Growth In The Liquid Cheese Market Driver
Liquid Cheese Market Insights
In the past few years, the liquid cheese market has seen consistent growth. The market, which is expected to be valued at $16.65 billion in 2024, is anticipated to increase to $17.21 billion in 2025, indicating a compound annual growth rate (CAGR) of 3.3%. Factors contributing to the growth during the historic period include an increase in traditional consumption, heightened awareness of milk's health benefits, emerging dietary trends, the proliferation of gourmet food retailers, and the health and wellness trend._x000D_
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Expectations are for the liquid cheese market size to experience consistent expansion over the coming years, increasing to an estimated $19.34 billion by 2029, with a compound annual growth rate (CAGR) of 3.0%. Factors contributing to this predicted upswing during the forecast period include a heightened focus on health, the growing reach of dairy alternatives, the rising appeal of premium food items, improved disposable income, the growing significance of online trading platforms, and an uptick in cheese consumption. Key trends expected to shape the forecast period encompass increased consumer interest in plant-based foods, a shift towards sustainable and ethical agricultural practices, innovative packaging designs, a preference for organic and natural goods, and a surge in popularity for artisanal and specialty cheeses._x000D_
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What Are the Main Catalysts for Growth in the Liquid Cheese Market?_x000D_
The liquid cheese market is set for an upward trajectory due to increasing consumption of handy snacks. Referred to as 'on-the-go snacks', these are easy to carry and eat on the move or during active schedules. Their popularity has stemmed from various factors including health consciousness, bustling lifestyles, and innovative packaging in the food industry. Liquid cheese, which can be used as a topping or dip, serves as a convenient snacking alternative, requiring no heating or preparation. It's also praised for its user-friendly packaging and portability, meeting fast and satisfying snacking demands. In March 2024, the Food Manufacturers, a UK-based digital platform for professionals in the UK food and beverage manufacturing industry, reported that sales of these convenient snacks increased by 39% in 2023 relative to 2022. 2024 sales showed an additional growth of 4% compared to 2023. Hence, the mounting consumption of on-the-go snacks is fuelling the expansion of the liquid cheese market._x000D_
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Which Businesses Are at the Forefront of Liquid Cheese Market Development?_x000D_
Major companies operating in the liquid cheese market are The Kraft Heinz Company, Hormel Foods LLC, Conagra Foodservice Inc., Campbell Soup Company, Groupe Savencia, Frito-Lay North America Inc., Dairy Farmers of America Inc., Land O Lakes Inc., Britannia Industries, Dairygold Co-Operative Society Ltd., Berner, Gehl Foods LLC, Amul, Veeba Foods, Lactalis American Group Inc., Ricos Products Co., Newman's Own, La Preferida, Alouette cheese, Knorr_x000D_
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What Are the Latest Innovations in the Liquid Cheese Market?_x000D_
Leading companies in the liquid cheese market are prioritizing the creation of innovative products like dairy-free cheese items in order to reignite interest in dairy-free cuisine and ensure it is tasty and available to all. Dairy-free cheese is a kind of cheese replacement that is free of dairy ingredients and often incorporates plant-based components such as nuts. For example, in May 2024, Armored Fresh, a food company from South Korea that specializes in plant-based cheese, introduced its Oat Milk Cheddar Dip. This product is free of dairy, gluten, GMOs, and cholesterol, yet it still offers the same full, cheesy taste as traditional nacho cheese sauce. The dip is designed to pair well with various starters like pretzel bites, French fries, chips, and tacos, providing a creamy and cheesy taste._x000D_
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How Is the Liquid Cheese Market Segmented?_x000D_
The liquid cheese market covered in this report is segmented -_x000D_
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1) By Product Type: Cheese Spread, Cheese Sauce, Cheese Dip, Other Product Types_x000D_
2) By Cheese Type: Mozzarella, Cheddar, Parmesan, Other Cheese Types_x000D_
3) By Distribution Channel: Offline, Online_x000D_
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Subsegmemnts:_x000D_
1) By Cheese Spread: Cream Cheese Spread, Processed Cheese Spread, Flavored Cheese Spread_x000D_
2) By Cheese Sauce: Traditional Cheese Sauce, Spicy Cheese Sauce, Mild Cheese Sauce_x000D_
3) By Cheese Dip: Nacho Cheese Dip, Cheddar Cheese Dip, Blue Cheese Dip_x000D_
4) By Other Product Types: Liquid Cheese Topping, Liquid Cheese for Cooking_x000D_
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Where Is the Liquid Cheese Market Growth Most Prominent?_x000D_
Europe was the largest region in the liquid cheese market in 2024. The regions covered in the liquid cheese market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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What Is Covered In The Liquid Cheese Global Market Report?_x000D_
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- Market Size Analysis: Analyze the Liquid Cheese Market size by key regions, countries, product types, and applications._x000D_
- Market Segmentation Analysis: Identify various subsegments within the Liquid Cheese Market for effective categorization._x000D_
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape._x000D_
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market._x000D_
- Market Contribution: Evaluate contributions of different segments to the overall Liquid Cheese Market growth._x000D_
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers._x000D_
- Industry Challenges: Analyze challenges and risks affecting the Liquid Cheese Market._x000D_
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market._x000D_
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