Press release
Global Cheddar Cheese Market Report: Reflects High Volume Growth of US$ 33.6 Bn during 2017 – 2022: Fact.MR Forecast
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Key Highlights
1- Almost 40% of cheddar cheese produced in the world is sourced from goat milk. This trend will prevail throughout the forecast period, and the global market for cheddar cheese will also witness a gradual uptick in demand for cattle milk-sourced cheddar cheese products.
2- Being a refrigerator staple in the UK, Europe will continue to remain the largest market for cheddar cheese through 2022. Increasing diary production, coupled with rising levels of nutrient deficiency among European consumers, will boost the sales of cheddar cheese in Europe throughout the forecast period.
3- On the other hand, the Asia-Pacific excluding Japan (APEJ) region will showcase fastest growth for cheddar cheese market. Over the forecast period, the cheddar cheese market in APEJ region will expand at more than 3% CAGR, which is relatively higher growth compared to estimates on lucrative regions such as Europe and North America.
4- In 2017, more than US$ 8 Bn worth of cheddar cheese will be sold in the global market in the form of cheese blocks. As the demand for blocks of cheddar cheese rises, that of cheddar cheese sprays declines. The report distinctly projects a listless growth in sales of cheddar cheese sprays through 2022.
5- Cheddar cheese sold in food & beverage processing units will contribute to more than US$ 16 Bn revenues by 2022-end. Food & beverage processing will not only be the largest application for cheddar cheese, but will also reflect a relatively speedy growth compared to revenues accounted by Horeca and household applications.
6- The report also projects that wholesale trade, distributor sale and direct selling will be collectively viewed as largest sales channel for cheddar cheese, procuring more than one-third of global revenues through 2022.
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Table of content
1- Global Cheddar Cheese Market - Executive Summary
2- Global Cheddar Cheese Market Overview
3- Global Cheddar Cheese Market Analysis and Forecast By Product Form
4- Global Cheddar Cheese Market Analysis and Forecast By Sales Channel
5- Global Cheddar Cheese Market Analysis and Forecast By Application
6- Global Cheddar Cheese Market Analysis and Forecast By Source
7- Global Cheddar Cheese Market Analysis and Forecast By Region
List of Tables
TABLE 1 Global Cheddar Cheese Market Value (US$ Mn), 2012-2016
TABLE 2 Global Cheddar Cheese Market Value (US$ Mn), 2017-2022
TABLE 3 Global Cheddar Cheese Market Value (US$ Mn) and Y-o-Y, 2015-2022
TABLE 4 Global Blocks Segment Value (US$ Mn), By Region 2012-2016
TABLE 5 Global Blocks Segment Value (US$ Mn), By Region 2017-2022
List of Figures
FIG. 1 Global Cheddar Cheese Market Value (US$ Mn), 2012-2016
FIG. 2 Global Cheddar Cheese Market Value (US$ Mn) Forecast, 2017-2022
FIG. 3 Global Cheddar Cheese Market Value (US$ Mn) and Y-o-Y, 2015-2022
FIG. 4 Global Blocks Segment Market Value (US$ Mn) By Region, 2012-2016
FIG. 5 Global Blocks Segment Market Value (US$ Mn) By Region, 2017-2022
FIG. 6 Global Blocks Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 7 Global Cubes Segment Market Value (US$ Mn) By Region, 2012-2016
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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