Market Research Report
Global Smoked Cheese Market - 2021-2028
|Global Smoked Cheese Market - 2021-2028|
Published: July 15, 2021
Content info: 180 Pages
Delivery time: 2 business days
Smoked cheese is a processed cheese product considered as an innovative entry in the global premium dairy industry. It is produced by smoke-curing of fresh cheese under controlled process. It contains fat and protein, which are usually in cow and buffalo milk. It is treated by smoke curing and has a yellow-brown outer skin resulting from the curing process. Various types of smoked cheese are available in the market, such as mozzarella, parmesan, cheddar and cream cheese. Cheddar type of smoked cheese is the most famous due to its usage in various recipes globally. Natural smoggy smoking is widely followed in producing smoked cheese as it enhances the color and flavor of cheese. The global smoked cheese market valued USD XX million in 2020 and is estimated to reach USD XX million by 2028, growing at a CAGR of XX%.
The rapid growth in demand for cheese coupled with the growth of processed food industry and foodservice sector led to the rise of smoked cheese market. People like to go out and eat, where they want new, tasty and innovative dishes which are not cooked at home. Due to growing impact of western cuisines, especially kids who like to consume pizza, burgers, and various types of bread, cheese is largely used. Cheese producers offer many flavors such as garlic, red chili, and pepper, which differ in taste and best for people who like the spicy flavor. The global population largely consumes pizza and bread; in pizza, several types of cheese are used, which also increased the demand.
Growing demand for new exotic flavors and tastes is increased due to various cheese flavor combinations in several cuisines stimulating cheese varieties' demand. The foodservice industry is one of largest growing industries globally. The growth leads to the requirement of cheese processors to develop innovative cheese products.
Due to busy life, people prefer to have lunch and dinner in hotels & restaurants and cafes and eat cheese-flavored dishes. An emerging trend for fresh and natural cheese has increased the demand for smoked cheese.
Cheese is high in calcium and has high saturated fat content. Thus, overconsumption of cheese may cause high cholesterol and blood pressure levels, increasing risk of cardiovascular diseases.
The abundant amount of sodium available in smoked cheese makes it unviable for some of the food applications. High sodium in food increases blood pressure and creates risk for osteoporosis and kidney disorders. A large population faces high blood pressure problems and avoids the consumption of salt or sodium to maintain the blood pressure level and avoid overconsumption of cheese products which restrain the market growth.
Mozzarella cheese is traditionally made from buffalo and cow milk and requires a specific process according to milk. It is white, soft, mildly salted, light surface shine and a unique stretchability feature. It is utilized as a topping of pizza, garlic bread, sandwiches and pasta due to its stretching features.
With the growing popularity of pizza, several pizza restaurants chains such as Domino's, Pizza Hut, La Pino'z Pizza are opened in various cities globally. In pizza largely used mozzarella cheese which further increases the demand for mozzarella cheese. Due to an increase in the demand for new, exotic flavors and their unique texture after melting and smoked flavor boost the demand for smoked mozzarella cheese.
Asia-Pacific is one of the largest consumers of various types of cheese globally. Cheese consumption in India increased exponentially due to growing favoritism towards pizza and burgers. Between 2010 and 2020, large number of fast-food outlets and retail chains are established in the country, with surging consumer interest for processed food
Pizza was never a traditional cuisine of India, but the growing urbanization and increasing purchasing power along with demand for new savory have resulted in increasing consumption of pizza and burgers. As of 2021, India is one of the largest consumers of pizza globally.
The global smoked cheese market is highly fragmented with large number of companies operating the market. Key players in the market include Arla Foods amba, Gilman Cheese Corporation, Crowley Cheese, LLC, SAPUTO INC., Carr Valley Cheese, Hilmar Cheese Company, Inc., Ashley Chase Estate limited Company, SWALEDALE CHEESE COMPANY, Lioni Latticini, Inc., SARGENTO FOODS INCORPORATED, Leprino Foods Company, GOLD COAST INGREDIENTS, INC, Violife, Applewood and others.
The global smoked cheese market has had a significant impact of the COVID-19 pandemic and the impact varied in different geographical markets. North America market witnessed a surge in volume sales of smoked cheese in 2020 owing to increasing snacking culture towards cheese in houses during lockdown and panic buying in early days with fear of potential shortages. The U.S. consumers are consuming high per capita of cheese and smoked cheese during their work-from-home situations. However, the growth is offset by closure of foodservice industry including HoReCas in school, recreational and other commercial verticals leading to lower demand for smoked cheese
In contrary, the sales of smoked cheese plummeted in Asia Pacific region with countries such as India, Indonesia and New Zealand witnessing a decline in sales of premium dairy products by 5% to 10% in 2020.