5. Cheese Market: Cheese Making Enthusiasts Develop New Radically Different Varieties

The Cheese Market deals with the development, manufacture and distribution of various varieties of cheese like cheddar, processed cheese, etc. Cheese is a particular variety of food that is made to entice different flavors or textures. Cheese production takes place through coagulation of casein.

The Cheese Market is at a great advantage because cheese making is a very popular exercise among households. It is perceived as a snack for children and adults with high protein content and has transformed into a crucial component in an individual’s diet thanks to the popularity of natural or processed dairy products.

The Cheese Market considers the period till 2020 to be crucial because emerging markets like India and China have shown a preference for natural cheese rather than the processed variety. Recent cheese trends indicate that it has wide appeal and utilized as a vital component in various recipes. Cheese production has come to the fore as varieties produce wildly differing tastes and textures. The art of cheese making has taken a life of its own thanks to a passionate consumer base.

Scope & Regional Forecast of the Cheese Market

Over the years, the growth of the Cheese Market has been driven by a few factors. The rapid changes in lifestyle and eating patterns have resulted in the establishment of numerous cheese stores by various popular cheese manufacturers touting a variety of health benefits. The latest cheese trends have adapted to the rise of fast food and is now a key component in its making. Cheese manufacturers are doing their best to make sure that dynamic industry requirements are being met.

In 2015, nearly 65% of the Cheese Market share was held by North America and Europe owing to the prevalent lifestyle trends in western countries. But their share is expected to reduce to roughly around 60% in 2020 owing to the burgeoning demand emanating from Asia-Pacific region. Countries like China and India are going through some vital changes with consumers preferring to dine outside. These changes are expected to spur the demand for processed cheese.

 

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Segmentations & Key Players Involved in the Cheese Market

According to IndustryARC findings, the Cheese Market can be broken down into various segmentations on the basis of –

Type: Cheddar and cheddar types, Mozzarella and semi-soft cheeses, Processed cheese, Cream and soft cheeses and Fresh and natural cheeses.

Milk Source: Cow, Sheep, Goat, Buffalo and Others.

Distribution Channel: Supermarkets/Hypermarkets, Online stores, Convenience stores and Others.

Geographical Location: Americas, Europe, Asia-Pacific and RoW (Rest of the World).

Some of the key players involved in the Cheese Market according to IndustryARC are as follows:

  • Gujarat Cooperative Milk Marketing Federation Ltd. (Amul)
  • Groupe Lactalis S.A
  • Inner Mongolia Yili Industrial Group Co., Ltd.
  • Mondelez International Group (Kraft)
  • Royal Frieslandcampina N.V.
  • Unternehmensgruppe Theo Müller GmbH & Co. KG

 

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