The new report by Expert Market Research titled, ‘Global Cheese Market Size, Share, Growth, Report and Forecast 2020-2025, gives an in-depth analysis of the global cheese market, assessing the market based on its segments like source, type, product, distribution channel, format, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2015-2025)
Historical Market Size (2019): USD 70 billion
Forecast CAGR (2020-2025): 8%
Forecast Market Size (2025): USD 111 billion
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Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
Cheese is a food product that has become more and more popular among the world’s population because of the increasing understanding of its health benefits. Cheese is being widely used in daily cooking because of its nutritious value as well as a good taste. Many studies have shown that regular cheese intake can help prevent various health disorders, including osteoporosis and certain cancers. Cheese is also known to be a rich protein source, vitamin B12, and calcium. Thus, its various health benefits are leading to its rising demand globally and aiding its market growth.
The cheese market is also expected to witness a healthy growth due to the rising penetration of fast-food restaurants across tier 2 and 3 cities in the emerging countries. The rising efforts by major vendors to deliver creative products are also adding to the demand for cheese; thus, the growing product diversification is expected to aid the market growth in the coming years.
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Industry Definition and Major Segments
Cheese refers to a food product typically made from cow, horse, goat, and sheep’s milk, which is nutritious and high protein. The milk protein casein coagulation makes it possible to be prepared in a broad spectrum of flavours, textures, and shapes. Cheese contains a variety of nutrients like calcium, protein, phosphorus, zinc, vitamin A, and vitamin B12, which makes it a nutritional food for all the age groups.
By source, the global cheese market is divided into:
Based on type, the industry can be bifurcated into:
On the basis of the product, the industry has been divided into:
By distribution channels, the industry is segmented into:
Supermarkets and Hypermarkets
The major formats of the product in the industry are:
The major regional markets for cheese are:
1 North America
1.1 United States of America
2.2 United Kingdom
3 Asia Pacific
4 Latin America
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.4 South Africa
Through most of the past decade, natural cheese has been a dominant category of cheese. The phenomenon has also led to the healthy growth of natural cheddar cheese. Much of this rise has been due to two main developments in the natural cheddar cheese category: rising cheese consumption in the foodservice sector and increased consumption as a snacking product. Cheddar cheese consumption by the food services industry has increased during the historical period as new recipes, and cooking patterns become increasingly common worldwide and due to the growing penetration of continental and American cuisines.
Key Market Players
The major players in the market are Nestle SA (SWX: NESN), Danone S.A. (EPA: BN), Dean Foods Co. (OTCMKTS: DFODQ), Lactalis International, Fonterra Co-operative Group (NZE: FCG), Royal FrieslandCampina N.V., and Arla Foods amba, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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