Global Cheese Market Explored with 4.79% CAGR from 2023 to 2030: Know More with Infinium Global Research

 By- Infinium Global Research

A recent report by Infinium Global Research dives deep into the cheese market, analyzing various segments and sub-segments across the globe and in specific regions. It explores the factors that influence cheese consumption, both positive and negative, along with short and long-term trends. The report offers a comprehensive view of the market's trajectory, including forecasts and dollar value projections.

According to the report, the global cheese market is projected to grow at a 4.79% CAGR over the forecast period of 2023-2030.

Cheese itself is a delightful and nutritious dairy product with a vast array of textures, flavors, and aromas. Around 2,000 varieties exist worldwide, each influenced by the type of milk used (cow, goat, sheep, etc.), the breed of the animal, and the production process, which can be affected by grazing conditions and climate. This variety makes cheese a versatile ingredient, and its concentrated form (being about one-tenth the volume of its original milk form) offers a portable and longer-lasting alternative.

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Cheese is also packed with essential nutrients like protein, minerals, and fats, including calcium. It can even contribute to stronger teeth and bones, support heart health (in moderation), and help prevent osteoporosis. Notably, some cheeses like cheddar, parmesan, and Roquefort can be enjoyed by those with lactose intolerance or milk allergies.

The report highlights several factors driving the cheese market's growth. Consumers are increasingly drawn to cheese due to its versatility and the wide range of varieties available. Natural cheese, in particular, is experiencing a surge in popularity thanks to its long shelf life, appealing flavors, and ability to elevate various cuisines beyond just fast-food applications. The rise of plant-based cheese options is another contributor to market growth.

Additionally, the influence of Western cooking trends, growing disposable incomes, and the introduction of exciting new flavored cheeses (think pepper, garlic, red chili flakes, and oregano) are all fueling consumer interest. However, the report also acknowledges potential challenges. Excessive cheese consumption can pose health risks, and fluctuations in raw material costs can hinder industry growth.

Interestingly, the report identifies Europe and Asia-Pacific as the two regions with the biggest cheese markets. Europe's rich cheesemaking tradition, diverse selection of premium cheeses, strong dairy industry, and advanced production techniques all contribute to its market dominance. Changing consumer preferences and the incorporation of cheese into various cuisines have further bolstered demand. Additionally, a growing awareness of cheese's nutritional benefits and the development of innovative cheese products are propelling the European market forward.

To Know More Visit: https://www.infiniumglobalresearch.com/market-reports/global-cheese-market

Meanwhile, the Asia-Pacific region is experiencing the fastest growth in cheese consumption due to evolving consumer tastes and rapid urbanization, particularly in countries like China and India. Exposure to international cuisines is a key factor here, leading to a rise in cheese consumption. A growing middle class in this region further strengthens its position as a significant cheese market.

Finally, the report delves into the segmentation of the global cheese market, categorized by type (natural vs. processed), product (mozzarella, cheddar, parmesan, etc.), source (animal-based vs. plant-based), and distribution channel (supermarkets, specialty stores, convenience stores, and online retailers). This comprehensive analysis provides valuable insights into the various aspects that shape the global cheese market.

Market Segmentation:

The global cheese market can be divided into several key segments. By type, there's natural and processed cheese. Popular cheese varieties like mozzarella, cheddar, parmesan, and feta fall under the product segment. When it comes to source, the market looks at both animal and plant-based cheeses. Finally, the cheese reaches consumers through supermarkets, specialty stores, convenience stores, and even online retailers.

Companies Profiles

  • Fonterra Co-operative Group Limited
  • Dairy Farmers of America, Inc.
  • Danone
  • Saputo Inc.
  • The Kraft Heinz Company
  • GCMMF
  • FrieslandCampina
  • Arla Foods amba
  • BEL Group
  • Glanbia PLC

 

Contact Us:

 

Infinium Global Research LLP

Mob: +91 9923950043

Email: info@infiniumglobalresearch.com

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