As per this study the Global Cheese Market was valued USD XX BN (by revenue) in 2019 and is anticipated to reach USD XX BN by 2026 with a CAGR of X%. By volume, the market was estimated XX KT in 2019 and is expected to reach XX KT by 2026 with a CAGR of XX%.
Cheese is a dairy product obtained by coagulation, draining, pressing and salting of milk protein (casein) and fats. Cheese is widely consumed owing to its high fat, protein, phosphorous and calcium content. It is a portable dairy product with relatively high shelf life than that of milk. A wide variety of cheese is available with different taste and texture that particularly depends upon the type of milk, climatic conditions, and other factors. Consumption of moderate amount of cheese results in the strengthening of bones and teeth. It also helps to prevent osteoporosis, cancer, hypertension and promotes weight gain.
Growing food and beverage industry followed by increased consumption of processed food is driving the market growth. Increasing demand for protein-rich food/snacks by consumers is another trait fueling the market growth. Also, enhanced properties of cheese over milk are further driving the market application in the food industry. However, rising cases of obesity and chronic disease followed by rising health consciousness among the population are presumed to hamper the market growth in upcoming years. Nevertheless, the availability of low-fat cheese is likely to open new gateways for the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of cheese.
The broad cheese market has been sub-grouped into product and type. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for cheese in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Cheese Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the cheese market include Almarai, Amul, Bega Cheese, Bel Group, Bletsoe Cheese, Brunkow Cheese Factory, Cady Cheese Factory, Hook's Cheese Company, Kraft and Burnett Dairy, Mother Dairy and Parag Milk Foods. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.