PUBLISHER: Acute Market Reports | PRODUCT CODE: 1299775
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1299775
Cheese market is expected to grow at 2.5% by 2031. Cheese is a dairy product made from pressed milk curds. Various varieties are prepared from ripened (aged) cheese and unripened (fresh) cheese. It is a nutritious and delicious food that is very versatile. Cheese can be added to other dishes or eat it by itself. There are more than 250 type of cheese such as mozzarella, cheddar, colby, Swiss and American. To meet the consumers' needs cheese are available in varieties of flavors, forms such as slices, cubes, grated, sticks, spread, chunks and shredded and in different packages.
The global cheese market is projected to witness growth due to its high nutritional value. Cheese is a very source of host of nutrients such as vitamin A, protein, phosphorus, calcium, vitamin B12 and zinc. Emerging economies are projected to become the mainstream markets owing to rise in disposable income, increasing purchasing power, changing lifestyles and growing urbanization. Unique packaging, product innovation and rising health awareness amongst people are some of the factors which will foster demand.
At present, the global cheese market is dominated by Europe followed by North America. Asia Pacific is projected to be the fastest-growing market. Latin America and Middle East & Africa are also projected to experience significant growth in the years to come.
Arla Foods, Bel Group, Fonterra Food, Kraft Heinz, Lactalis Group, Savencia SA, Britannia Industries Limited, Associated Milk Producers Inc., Saputo Inc., Gujarat Cooperative Milk Marketing Federation Ltd.
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Cheese market are as follows:
Micro and macro environment factors that are currently influencing the Cheese market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.