Cheese Industry Analysis, Future Growth, Business Prospects and World Forecast to 2022

Market Overview:

Global Market for cheese has witnessed continued demand during the last few years and is projected to reach 29,398.75 kilo tons by 2023, at a CAGR of 3.90% by 2023. Diverse application of Cheese across the food industries particularly in bakery and fast food manufacturing industries is likely to drive the global cheese market.

Europe will continue to dominate the cheese market with more than 55% market share and it is projected to reach more than 15,000 kilo tons with CAGR of 4.63% by 2023. North America will witness a high growth rate (~3.27%) during forecast period 2017 to 2023. Availability of various cheese varieties across the regions has increased the popularity and consumption of cheese among the consumers. Developing economy and increased disposable income is playing a key role in the market growth of cheese in Europe from last few years.

Whole cow milk will witness a growth rate (~4.37%). By 2023, whole cow milk sourced cheese will reach a market volume of more than 19,000 kilo tons on a global level. High inclination of consumer’s towards cow milk sourced cheese is found to be having a positive impact in its market share growth. The rich taste of cheese sourced form cow milk is also influencing its positive growth rate in global cheese market.

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Competitive Analysis-

The major key players in Cheese market are

• Kerry Group Plc (Ireland)
• FrieslandCampina (Netherlands)
• Aarkay Food Products Ltd (India)
• Lactosan A/S (Denmark)
• Arla Foods (Denmark)
• Dairiconcepts, L.P. (U.S.)
• The Kraft Heinz Co. (U.S.)
• Land O'Lakes, Inc. (U.S.)
• Kanegrade Limited (U.K.)
• Dairy Farmers of America Inc. (U.S.)

Key players are focused majorly on expansion of their cheese market and it accounts for more than 30% of the overall strategy share by key players from last few years. Acquisition, mergers and partnerships are the main factors which are contributing to more than 50% of strategy share and are facilitating companies to penetrate the potential market across globe.

Key Findings

• The Global Cheese market is projected to reach 29,398.75 kilo tons by 2023 of 3.90%
• Whole cow milk will continue to dominate the cheese source segment with more than 65% market share
• Fresh cheese will continue to dominate the cheese market with more than 20% market share and it is projected to grow at a CAGR of 5.01% by 2023
• Cheddar cheese will dominate the cheese product-types holding a lion’s share in the cheese market and growing at a rate of 5.40%
• Application of cheese in fast food snacks will hold a major share and will witness a growth rate of 4.73%

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Table of Contents

1 EXECUTIVE SUMMARY

2 INTRODUCTION

3 RESEARCH METHODOLOGY

4 SECONDARY RESEARCH

5   MARKET DYNAMICS

6   MARKET TRENDS

7 MARKET FACTOR ANALYSIS

8 GLOBAL TREE NUTS MARKET OVERVIEW

9 GLOBAL TREE NUTS MARKET-BY TYPE

10 GLOBAL TREE NUTS MARKET-BY FORM

11 GLOBAL TREE NUTS MARKET-BY APPLICATION

12 NORTH AMERICA TREE NUTS MARKET

13 SOUTH AMERICA TREE NUTS MARKET

14 EUROPE TREE NUTS MARKET

Continued….

List of Tables

TABLE 1 PESTLE ANALYSISU.S. 30

TABLE 2 PESTLE ANALYSIS-INDIA 31

TABLE 3 PESTLE ANALYSIS- CHINA 32

TABLE 4 PESTLE ANALYSIS AUSTRALIA 33

TABLE 5 GLOBAL TREE NUTS MARKET, BY REGION (2014-2022), BY TYPE KILO TONS 40

TABLE 6 GLOBAL TREE NUTS MARKET, (2014-2022), BY TYPE, KILO TONS 41

TABLE 7 GLOBAL TREE NUTS MARKET, (2014-2022), BY FORM, KILO TONS 41

TABLE 8 GLOBAL TREE NUTS MARKET, (2014-2022), BY APPLICATION, KILO TONS 42

Continued…..

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