The latest report by IMARC Group, titled “Cheese Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global cheese market reached a value of US$ 77.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 113.3 Billion by 2027, exhibiting at a CAGR of 6.31% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Cheese Market Overview:
Cheese is a dairy food product prepared by emulsifying the milk protein casein. It is highly nutritious and obtained from the milk of buffalo, cows, goats, or sheep. Widely available in a wide range of textures, tastes, and aromas, it is a rich source of calcium, which is essential for maintaining bone strength.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Cheese Market Trends:
The global market is majorly driven by significant growth in the food processing industry. In line with this, the increasing demand for packaged meals containing cheese is positively influencing the market. Moreover, the rising consumption of fast food has augmented the demand for mozzarella, parmesan, and cheddar cheese across the globe.
Besides this, the consumer inclination toward dairy products derived from plant sources due to various health-related issues, such as lactose intolerance, is catalyzing the market growth. Some of the other factors creating a positive outlook for the market include the rapid expansion of the organized retail sector and the widespread popularity of vegan cheese among the masses.
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By IMARC group the report has also analyzed the competitive landscape of the market with some of the top cheese manufacturing companies being
Some of these key players include:
- Lactalis Group
- Dairy Farmers of America
- Arla Foods
- SAVENCIA SA
Key Market Segmentation Breakup by:
- Cow Milk
- Buffalo Milk
- Goat Milk
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Store
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
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Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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Also Read: India Milkshake Market Research Report 2022-2027: https://techfoodtrip.com/india-milkshake-market-top-brands-share-report-2022-2027/