Cheese is a highly nutritious & palatable dairy product which is produced in a wide variety of textures, flavors, and forms. Cheese is a rich source of calcium, essential minerals, protein, fat and others. It also contains sphingolipids and linoleic acid, which helps in preventing cancer. It offers various health benefits such as the healthy heart (if consumed in moderate quantity), stronger teeth & bones, prevention of osteoporosis, and others.
According to study, “Cheese Manufacturing Global Market Report 2019” the key companies operating in the global cheese manufacturing market are Arla Foods Limited, Murray Goulburn Co-operative Co. Limited, Bel Group, Go Cheese, Britannia Industries Limited, Bongrain AG, Almarai Co. Ltd., Parag Milk Foods, Leprino Foods Company Inc., Fonterra Co-operative Group Limited, Associated Milk Producers, Gujarat Cooperative Milk Marketing Federation Ltd., Sargento Foods Incorporated, Cady Cheese Factory, Dzintars, Savencia SA, FrieslandCampina, Saputo, Lactalis Group, Kraft Heinz, Dairy Farmers of America, Gebrder Woerle Ges.m.b., Old Fashioned Cheese, Mother Dairy, Bletsoe Cheese, Inc., Vindija dd.
Based on the type, the global cheese manufacturing market is segmented into processed cheese (block cheese and spreadable cheese) and natural cheese (soft cheese and hard cheese). Natural cheese is the foremost segment owing to high demand from consumers because of its novel flavor and texture. Based on the source, the market is segmented into buffalo milk, cow milk (whole milk and skimmed milk), goat milk and others (sheep milk). Based on the product, the market is segmented into mozzarella, feta, cheddar, roquefort, parmesan , and others. Based on the format, the market is segmented into slices, shredded, diced/cubes, blocks, liquid, spread, and others. Based on the preparation process, the market is segmented into pasteurization, standardization, the addition of desired starter cultures and others. Based on label type, the market is segmented into private and non-private. In addition, based on the distribution channel, the market is segmented into convenience stores, online stores, and specialty stores.
The cheese manufacturing market is driven by growth in Quick service restaurants (QSRs) business, followed by an increase in demand for protein-rich food, rise in the middle-class population & increase in urbanization, rise in disposable income, and the rapid pace of urbanization. However, the lack of storage & transport facility, talent crunch & change in consumer preferences and unhealthy additives & ingredients in processed cheese may impact the market. Moreover, the trend for low-fat cheese, rise in availability of various options in cheese such as color, flavor and texture and increase in popularity in emerging economies are few of the major opportunities for the market.
Based on geography, Asian-Pacific region holds a major share in cheese manufacturing market, followed by the North-American region owing to an increase in absorption of the western fast food trend and increase in the consumption of fast food items, such as pizza, pasta, and burger in the region. It is expected that the market will be reached at a rapid pace due to the influence of social media on the market, increase in a busy lifestyle, the impact of new cuisines on the market and low-cost foods over the forecast period.
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Ankur Gupta, Head Marketing & Communications