Natural Cheese Market Product Category, Size, Emerging Trend, Leading Players Strategy, Revenue and Growth Factors Details by Forecast 2023
Natural Cheese Market Research Report by Type (Cheddar, Mozzarella, Parmesan and Blue), Application (Bakery and Confectionary, Sweet and Savory Snacks, Dressings, Dips and Condiments and Ready Meals), Distribution Channel and Region – Forecast till 2023
pune, India – August 1, 2019 /MarketersMedia/ —
Market Overview
Cheese is prepared by processing curd and ripening it to give it a Texture, Aroma and Flavor. Cheese is a significant source of protein, calcium, sodium, phosphorus, as well as saturated fat. Cheese has overwhelming popularity due to a vast application of the same in the preparation of various food products. Natural cheese is usually prepared by using natural ingredients such as milk, enzymes, salt, and other natural flavors. The global Natural Cheese Market is assessed to witness fast-paced growth during the forecast period of 2017-2023.
The recent report on natural cheese market by Market Research Future (MRFR) has studied various factors causative of such ascension in the global market. Availability of several varieties of cheese in the market is grabbing the attention of cheese enthusiasts and other consumers worldwide, posing as a major driver of the global natural cheese market. For instance, Wisconsin in the US offers more than 600 types of cheese, making the US one of the biggest markets for natural cheese.
Furthermore, the growing popularity of ready-to-eat food is pushing the global natural cheese market, as it can be used as a prominent ingredient in many food products. Different types of cheese have different applications in the food sector, which is consumed across the globe. Such proliferation in application and consumption of natural cheese is expected to push sizeable growth in the global natural cheese market. All the above-mentioned factors are expected to lead a 5.08% CAGR in the global natural cheese market.
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Key Players and Industry Buzz
The global natural cheese market is witnessing heavy influence owing to the strategic steps undertaken by various market giants. These noteworthy players in the natural cheese market include Associated Milk Producers Inc. (U.S.), Almarai Company (U.S.), Arla Foods (Denmark), Fonterra Co-operative Group Limited (New Zealand), Koninklijke FrieslandCampina N.V (the Netherlands), The Kraft Heinz Co. (U.S.), Lactosan A S (Denmark).
July 2019: Sargento, a Wisconsin-based family-owned cheese company, recently introduced a sweet & savory breakfast version of its Balanced Breaks snacks. The Sunrise Balanced Breaks offers a unique blend of ingredients with mild cheese and dried fruits and nuts.
Industry Segmentation
The research report has studied the natural cheese market for different types of cheese. These types include cheddar, mozzarella, blue, and parmesan, among others. Cheddar cheese is expected to be consumed the most during the forecast period. Consumption of cheddar cheese is anticipated to expand at 4.59% CAGR through the assessment period.
Natural cheese has a wide range of applications in the food & beverages industry. Such applications, as studied in the Global Natural Cheese Market report, include Sweet and Savory Snacks, Sauces, Bakery and Confectionary, Dips and Condiments, Dressings and Ready-to-Eat Meals. The demand for ready meals is likely to mushroom at the highest rate owing to a larger inclination towards consumption of convenience foods and easy-to-cook meals and changing lifestyle habits.
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Regional Analysis
The global natural cheese market is studied for the regional segments of Asia Pacific, Rest of the World, Europe, and North America. Among these, Europe dominated the global natural cheese market at the beginning of the forecast period. The region is also anticipated to retain its dominance over the natural cheese market in the foreseeable future. This can be attributed to many cheese enthusiasts residing in France and Italy.
Further, a large-scale application of cheese in European cuisines is pushing substantial growth to the natural cheese market over the assessment period. Awareness towards the health benefits of natural cheese has led to higher preference for natural cheese over synthetic cheese, propelling growth in the market. Europe’s natural cheese market is expected to reach a valuation of USD 43.26 billion by the end of 2023. Asia Pacific is expected to witness a steady CAGR at a moderate pace.
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Source: MarketersMedia
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