Market Research Report
Cheese Market by Source, Type, Product, and Distribution Channel : Global Opportunity Analysis and Industry Forecast 2021-2030
|Cheese Market by Source, Type, Product, and Distribution Channel : Global Opportunity Analysis and Industry Forecast 2021-2030|
Published: September 16, 2021
Allied Market Research
Content info: 494 Pages
Delivery time: 2-3 business days
The cheese market was valued at $156.9 billion in 2020, and is estimated to reach $199.7 billion by 2030, registering a CAGR of 2.3% from 2021 to 2030.
Cheese is one of the most consumed food products, owing to its high nutritious value along with the presence of necessary vitamins, proteins, and other nutrients. It is a rich source of calcium that helps to maintain strong teeth and increases bone strength. Further, cheese contains linoleic acid and sphingolipids, which helps to prevent cancer. Moreover, vitamin B present in cheese can reduce blood pressure, provided the sodium content is low in cheese. North America and Europe regions are substantial manufacturers and consumers of cheese, owing to high utilization in various food. Preparation of cheese involves standardization, pasteurization, addition of desired starter cultures, and other processes leading to the formation of different varieties. In addition, advancement in cheese processing, such as the use of nanoliposomes in micro-encapsulation, has resulted in increased vitamins and minerals content of cheese.
The global cheese market is driven by an increase in consumption of fast food items, such as pasta, pizza, and burger, in different quick service restaurants (QSRs). Moreover, longer shelf life of cheese products, rise in disposable income of people, and increase in demand for food products that are rich in protein content boost the market growth. However, alarming obesity rates & rise in health consciousness among adults, unhealthy additives & ingredients in processed cheese, and perishable nature of cheese products limit the market growth. Furthermore, cheese with low-fat content is preferred, while manipulation of its rheological & chemical properties provide desirable characteristics and a longer shelf life to cheese products providing numerous opportunities to the market growth.
The cheese market is segmented on the basis of source, type, product, distribution channel, and region. By source, the market is divided into cheese obtained from cow milk (whole milk and skimmed milk), sheep milk, goat milk, and buffalo milk. The type segment is bifurcated into natural cheese (hard cheese and soft cheese) and processed cheese (spreadable cheese and block cheese). By product, the market is classified into mozzarella, cheddar, feta, parmesan, Roquefort, and others. By distribution channel, it is categorized into hypermarkets, supermarkets, food specialty stores, convenience stores, and others. By region, it is analyzed across North America, Asia-Pacific, Europe, and LAMEA.
The major players analyzed in this report are Arla Foods, Bel Group, Fonterra Food, Kraft Heinz, Lactalis Group, SAVENCIA SA, Britannia Industries Limited, Associated Milk Producers Inc., Saputo Inc., and Gujarat Cooperative Milk Marketing Federation Ltd.
Cheese Market Key Segments:
By Distribution Channel