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Market Research Report
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1063008

Cheese Market: Current Analysis and Forecast (2021-2027)

Published: | UnivDatos Market Insights Pvt Ltd | 253 Pages | Delivery time: 1-2 business days

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Cheese Market: Current Analysis and Forecast (2021-2027)
Published: January 1, 2022
UnivDatos Market Insights Pvt Ltd
Content info: 253 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents

Cheese Market is expected to grow at a CAGR of around 4% over the forecast period (2021-2027).

The global cheese market is witnessing an uptick on account of the rise in the disposable income, surging number of cafe and restaurants and the rising consumption of junk food. In 2020, the number of pizza restaurants established was 78,092 in the United States alone. Even after the year-on-year fluctuations, the number of pizza restaurants was increased by roughly 6,000 units over the past 9 years. Moreover, as per Agriculture marketing resource center, total U.S. cheese production in 2020 was 13.25 billion pounds, up 2% from 2016 Moreover, per person cheese consumption win U.S was 40.2 pounds in 2020, 2% increase from 2016.

Moreover, emerging hotels chains due to emerging number of international tourists is also leading to the growing demand for the cheese, As per a report by IHG, the global hotel industry is a $525bn industry, made up of 18 million rooms in 2018. 54% of rooms are affiliated with a global or regional chain ('branded'), up from 50% in 2012.Moreover, the number of international tourists increased from 1.966 billion in 2015 to 2.28 billion in 2019.

Insights Presented in the Report

"Amongst Product, Mozzarella segment dominated the market in 2020"

Based on product, Cheese Market is classified into Mozzarella, Cheddar, Feta, Parmesan, Roquefort, and others. By product, the Cheddar segment generated the highest revenue, in 2020, owing to its harder texture, creamier and sharp taste, and longer shelf life. In addition, the price of cheddar cheese is low as compared to that of other cheese like mozzarella, which make cheddar cheese affordable. Also, cheddar cheese is available in single slices wrapped in plastic, cheese spray, cheese spread, squeeze tube, and various other packaging options, which have opened a lot of opportunities for the market growth.

"Amongst Distribution Channels, Business to business segment dominated the market in 2020."

Based on distribution channel, the Cheese market is segmented into hypermarket/supermarket, specialty stores, business to business and others. By distribution channel, the business-to-business segment generated the highest revenue, in 2020, owing to the surge in demand for QSR and online food delivery, which is propelling cheese market demand

"Amongst Sources, Cow Milk holds significant market share in 2020."

Based on sources, the Cheese market is segmented into Cow Milk, Goat Milk, Sheep Milk and Buffalo Milk. The cow milk segment accounted for the highest revenue, in 2020. This is attributed to the presence of protein and fat in the milk which gives flavor and texture to the cheese. Furthermore, before the cheese making process starts, the cow's milk is pasteurized by heating the milk to a precise temperature and then rapidly cooling it. Heating milk kills the harmful bacteria present in the milk.

"Amongst End-User, Fast-Food Chain segment holds significant market share in 2020."

Based on End-User, the Cheese market is segmented into Fast-food chains, regular customers, and food processing companies. The fast-food chain segment grabbed the major market share and dominated the market. A growing demand for the fast-food among millenniums coupled with the launch of food items loaded with cheese is leading to the growing share of this segment. Pizza hut fast food chain is the largest buyer of cheese globally and accounts for 3% of U.S. cheese production. The company uses around 300 million pounds of cheese annually.

"Europe represents as the largest market in the Global Cheese Market"

European Union is the world market leader in the production of cheese in 2020. In 2020, the 27 countries that make up the European Union produced 10.35 million metric tons of cheese. In 2019, Germany was the number one exporter of cheese. The Netherlands, France, and Italy are all world renowned for their cheese production and were also some of the top exporters of cheese in that year. Moreover, the average American consumed 40 pounds of cheese in 2019, up from 35 pounds in 2010

Reasons to buy this report:

The study includes market sizing and forecasting analysis validated by authenticated key industry experts

The report presents a quick review of overall industry performance at one glance

The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments

Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry

The study comprehensively covers the market across different segments

Deep dive regional & country-level analysis of the industry

Customization Options:

Cheese Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

Product Code: UMCG21642

TABLE OF CONTENTS

1 MARKET INTRODUCTION

  • 1.1. Market Definitions
  • 1.2. Limitation
  • 1.3. Stake Holders
  • 1.4. Currency used in Report

2 RESEARCH METHODOLOGY OR ASSUMPTION

  • 2.1. Research Process of the Cheese Market
  • 2.2. Research Methodology of the Cheese Market
  • 2.3. Forecasting Method
  • 2.4. Respondent Profile
  • 2.5. Main Objective of the Cheese Market Study

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL CHEESE MARKET COVID-19 IMPACT

6 GLOBAL CHEESE MARKET REVENUE, 2019-2027F

7 MARKET INSIGHTS BY PRODUCT

  • 7.1. Mozzarella
  • 7.2. Cheddar
  • 7.3. Feta
  • 7.4. Parmesan
  • 7.5. Roquefort
  • 7.6. Others

8 MARKET INSIGHTS BY DISTRIBUTION CHANNELS

  • 8.1. Hypermarket/supermarket
  • 8.2. Specialty Stores
  • 8.3. Convenience Stores
  • 8.4. Others

9 MARKET INSIGHTS BY SOURCE

  • 9.1. Cow Milk
  • 9.2. Goat Milk
  • 9.3. Sheep Milk
  • 9.4. Buffalo Milk

10 MARKET INSIGHTS BY END-USER

  • 10.1. Fast-food chains
  • 10.2. Regular customers
  • 10.3. Food Processing companies

11 MARKET INSIGHTS BY REGION

  • 11.1. North America Cheese Market
    • 11.1.1. United States
    • 11.1.2. Canada
    • 11.1.3. Rest of North America
  • 11.2. Europe Cheese Market
    • 11.2.1. United Kingdom
    • 11.2.2. Germany
    • 11.2.3. France
    • 11.2.4. Italy
    • 11.2.5. Spain
    • 11.2.6. Rest of Europe
  • 11.3. Asia Pacific Cheese Market
    • 11.3.1. China
    • 11.3.2. Japan
    • 11.3.3. India
    • 11.3.4. Australia
    • 11.3.5. South Korea
    • 11.3.6. Rest of Asia Pacific
  • 11.4. Rest of World Cheese Market

12 CHEESE MARKET DYNAMICS

  • 12.1. Market Drivers
  • 12.2. Market Challenges
  • 12.3. Impact Analysis

13 CHEESE MARKET OPPORTUNITIES

14 CHEESE MARKET TRENDS

15 LEGAL & REGULATORY FRAMEWORK

16 DEMAND AND SUPPLY SIDE ANALYSIS

  • 16.1. Demand Side Analysis
  • 16.2. Supply Side Analysis
    • 16.2.1. Top Product Launches
    • 16.2.2. Top Business Partnerships
    • 16.2.3. Top Business Expansions, Investments and Divestitures
    • 16.2.4. Top Merger and Acquisitions

17 VALUE CHAIN ANALYSIS

18 COMPETITIVE SCENARIO

  • 18.1. Competitive Landscape
    • 18.1.1. Company Shares, By Revenue

19 COMPANY PROFILED

  • 19.1. Nestle
  • 19.2. Lactalis
  • 19.3. Danone
  • 19.4. Fonterra
  • 19.5. Freisland Campina
  • 19.6. Dairy Farmers of America
  • 19.7. Arla Foods
  • 19.8. Yili Group
  • 19.9. Saputo Inc
  • 19.10. Mengniu Dairy

20 DISCLAIMER