According to the latest report by IMARC Group, titled “Cheese Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global cheese market reached a value of US$ 77.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 113.3 Billion by 2027, exhibiting at a CAGR of 6.31% during 2022-2027. Cheese is a fermented and nutrient-rich dairy product manufactured from the milk of cows and other mammals, such as camels, sheep, buffalo, yaks and goats. Parmesan, feta, mozzarella, Roquefort and cheddar are some commonly available variants of cheese. They are a good source of nutrients, such as calcium, zinc, vitamins A and B-12, phosphorus and proteins. Cheese is widely available in the form of shreds, blocks, liquid, cubes, spreads and slices. Moderate consumption of cheese can aid in minimizing the risks of developing cancer, high blood pressure (BP) and osteoporosis.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Cheese Market Trends:
The global cheese market is primarily being driven by the increasing demand for convenience and ready-to-eat (RTE) food products among the masses due to the busy lifestyles and hectic schedules. Cheese is widely used as a topping in pasta, pizza, burgers and other fast-food items. Moreover, various technological advancements, such as the utilization of innovative membrane technology that aids in improving the overall flavor and texture of the cheese and controlling the whey volume, are providing a thrust to the market growth. Other factors, including significant growth in the food and beverage industry, along with the increasing preference for exotic cuisines, especially among the millennials, are creating a positive outlook for the market.
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/cheese-manufacturing-plant
Key Market Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Lactalis Group
- Dairy Farmers of America
- Arla Foods
- SAVENCIA SA
Breakup by Source:
- Cow Milk
- Buffalo Milk
- Goat Milk
Breakup by Type:
Breakup by Product:
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Store
Breakup by Format:
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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