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Global Cheese Market Report 2022: Analysis, Key Developments, Competitive Landscape and Forecast 2020-2027 – ResearchAndMarkets.com

Dublin–(business wire)–“World Cheese Market – Forecast 2022-2027” report added of ResearchAndMarkets.com Recruitment.

The global cheese market is projected to reach USD 151,058 million by 2027, growing at a CAGR of 2.86% from USD 124,033 million in 2020.

There are many health benefits associated with cheese consumption, and consumers are increasingly including cheese in their daily diet. Valuable components found in cheese include iron, calcium, and fats. will be Additionally, some cheeses contain very little dairy and can be consumed by people who are lactose intolerant.

In addition, cheese is appreciated by younger generations who like to eat snacks such as grilled cheese. These factors have increased the demand for dairy products such as cheese, boosting the growth of the market. The offering of better and more advanced varieties of specialty and normal cheeses with enhanced flavors and textures, among other attributes, by existing and new players in various markets will lead to increased consumption and forecast It is estimated to further enhance market growth over the period.

Natural cheese consumption is becoming more and more popular among the general public.

Processed cheese contains many additives that negate the benefits of natural cheese. Processed cheese contains large amounts of fat, calories and salt, which are major factors leading to diseases such as obesity and high blood pressure.

Additionally, food coloring exists to make cheese more appealing to consumers, and emulsifiers exist to thicken cheese. However, the growing health consciousness is weighing on us, and people are switching to natural cheeses.

Cheese from cow’s milk is consumed more than cheese from other types of cow’s milk.

There are many different types of milk used to prepare different types of cheese around the world, including cow’s milk, buffalo milk, goat’s milk, and sheep’s milk.

However, cheeses made using cow’s milk are more consumed and preferred among consumers. Because cow’s milk has a relatively higher fat content than others, containing about 3.25% fat. So this is the ideal option. Additionally, even the most famous and world-famous cheeses are produced using cow’s milk such as Münster, Swiss, Parmesan and Gouda.

Regional Outlook

The Europe region is expected to maintain a large share over the forecast period due to its high disposable income in countries such as Switzerland, France, Italy, and the United Kingdom.

Asia Pacific is estimated to increase its market share during the forecast period owing to many players offering different products in the market and investments being made to develop the food and beverage sector.

This will allow us to spend more on high quality, premium dairy products such as artisanal and specialty cheeses, increasing demand in these regions. In addition, cheese fondue events are held in France and Switzerland, and it has become a central presence in fast food, such as pizza in Italy and sandwiches and hamburgers in the United Kingdom.

Asia-Pacific is estimated to increase its market share during the forecast period due to new players entering the market offering different types of cheese such as mozzarella and cheddar. Countries such as India are investing to improve the position of the food and beverage industry. Furthermore, the spread of Western culture in various countries has made fast food popular and has had a considerable impact on the use of cheese.

Impact of COVID-19

The global cheese market has experienced severe disruption amid COVID-19 due to fluctuating consumer demand, stringent government initiatives, lockdowns and the HoReCa closure. The COVID-19 pandemic has had a major impact on hypermarkets as major distribution networks were shut down around the world to limit the coronavirus outbreak.

Main development

In May 2020, Shepherd’s Purse, one of the leading artisanal cheese makers, released a new version of their ‘Fettle’ cheese. This product uses sheep’s milk with a feta cheese base.

In March 2020, Wisconsin-based cheese manufacturer Shuman Cheese announced the launch of its product brand, Vevan. This brand was created to make cheese accessible to vegan consumers and those who are lactose intolerant.

The brand’s product line includes a variety of cheeses including vegan cheddar, vegan mozzarella, vegan pepper jack shreds and slices. The product was launched in the food service industry in February and will hit supermarkets and stores in the spring.

World’s first feta cheese Prego, launched in Pure-Pak cartons in June 2021, created the Delice brand for the feta cheese launch and invested in a processing facility in January.

In May 2021, Danes Cheese, CDO Foodsphere’s processed cheese brand in the Philippines, launched two new flavored cheese products. Herb & Garlic Cheese and Chili Cheese join our popular Sweet & Creamy Cheese and Cheese With Real Bacon Bits.

Company Profile

  • Arla Foods Amba

  • Fonterra Cooperative

  • Flemish dairy products

  • Kraft Heinz Company

  • schumann cheese

  • Shepherd’s Perth Cheese Limited

  • wensleydale creamery

  • Bell SA

  • Known Co., Ltd.

  • britannia industry

  • Lactalis International

  • SAVENCIA SA

segmentation:

by source

  • milk

  • sheep’s milk

  • goat milk

  • buffalo milk

By type

by product

  • mozzarella cheese

  • Parmesan cheese

  • Cheddar cheese

  • gouda cheese

By distribution channel

  • online

  • off-line

  • hyper market

  • convenience store

by geography

  • North America

  • united states of america

  • Canada

  • Mexico

  • South America

  • Brazil

  • Argentina

  • Columbia

  • Venezuela

  • Ecuador

  • Peru

  • Europe

  • Austria

  • England

  • Germany

  • France

  • Czech Republic

  • Bulgaria

  • Spain

  • Finland

  • Denmark

  • Netherlands

  • Italy

  • Sweden

  • Switzerland

  • Belgium

  • Middle East and Africa

  • Saudi Arabia

  • United Arab Emirates

  • Israel

  • turkey

  • Morocco

  • Egypt

  • Asia Pacific

  • Japan

  • China

  • India

  • Malaysia

  • Singapore

  • Indonesia

  • Vietnam

  • Australia

  • Korea

For more information on this report, please visit https://www.researchandmarkets.com/r/hzu6f1.

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