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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 Size
The increasing demand for on-the-go snacks is expected to drive the growth of the liquid cheese market. These snacks are convenient and portable, often consumed during busy activities. The demand for them is growing due to factors like health trends, hectic lifestyles, and innovations in food packaging. Liquid cheese is an ideal snack option, offering easy transport and serving as a dip or topping without the need for heating or preparation. For instance, sales of on-the-go snacks reached 39% in 2023, with a 4% increase in 2024 over 2023, according to a March 2024 report by the Food Manufacturers, a UK-based platform. This surge in demand for quick, portable snacks is driving liquid cheese market growth.
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What is the projected compound annual growth rate (CAGR) of the liquid cheese market from 2025 to 2034, and what factors influence it?
The liquid cheese market will grow from $16.65 billion in 2024 to $17.21 billion in 2025 at a CAGR of 3.3%, driven by traditional dietary preferences, gourmet food trends, and health-conscious consumption.
The liquid cheese market is projected to grow to $19.34 billion by 2029 at a CAGR of 3.0%. Factors such as growing health-conscious consumers, rising disposable income, and increased demand for premium dairy products contribute to growth. Trends include plant-based cheese alternatives, sustainable farming practices, and packaging innovations.
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How are the latest trends influencing the growth of the liquid cheese market?
Companies in the liquid cheese market are developing dairy-free cheese products to make dairy-free dishes more appealing and accessible. These plant-based cheese substitutes provide a rich, cheesy flavor without dairy components. For instance, in May 2024, Armored Fresh, a South Korean food company, launched Oat Milk Cheddar Dip. This dairy-free, gluten-free, and cholesterol-free product mimics the flavor of regular nacho cheese sauce, offering a creamy alternative for a variety of appetizers.
What are the major segments of the liquid cheese market and their role in driving growth?
The liquid cheese market covered in this report is segmented -
1) By Product Type: Cheese Spread, Cheese Sauce, Cheese Dip, Other Product Types
2) By Cheese Type: Mozzarella, Cheddar, Parmesan, Other Cheese Types
3) By Distribution Channel: Offline, Online
Subsegmemnts:
1) By Cheese Spread: Cream Cheese Spread, Processed Cheese Spread, Flavored Cheese Spread
2) By Cheese Sauce: Traditional Cheese Sauce, Spicy Cheese Sauce, Mild Cheese Sauce
3) By Cheese Dip: Nacho Cheese Dip, Cheddar Cheese Dip, Blue Cheese Dip
4) By Other Product Types: Liquid Cheese Topping, Liquid Cheese for Cooking
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Which regions are key players in the growth of the liquid cheese market?
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.
Who are the key firms paving the way for growth in the liquid cheese market?
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
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What Is Covered In The Liquid Cheese Global Market Report?
•Market Size Forecast: Examine the liquid cheese market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the liquid cheese market for a structured understanding.
•Key Players Overview: Analyze major players in the liquid cheese market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the liquid cheese market.
•Segment Contributions: Evaluate how different segments drive overall growth in the liquid cheese market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the liquid cheese market.
•Industry Challenges: Identify potential risks and obstacles affecting the liquid cheese market.
•Competitive Landscape: Review strategic developments in the liquid cheese market, including expansions, agreements, and new product launches.
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