Natural Cheese Market Size To Record Ascending Growth By 2028
Market Research Future (MRFR) report on the global natural cheese market 2021-2028 provides an analysis of the market opportunities and market effects that have emerged as a result of the COVID-19 pandemic. The comprehensive study report focuses on both direct and indirect impacts of COVID-19 with new product releases, supply chain summary, government regulations, and strategies adopted by relevant market players.
The Natural Cheese Market Size is expected to reach USD 135,260.17 Million by 2028, growing at a 6.59% CAGR between 2021 and 2028.
Cheese is a very nutritious and palatable milk-derived food product used in a wide range of textures, tastes, and flavors. Various methods of processing and aging are used to produce several natural kinds of cheese. Natural cheese is basically of two types, i.e., un-ripened cheese made from coagulating milk proteins (casein) with acids. Meanwhile, ripened cheese is made by coagulating milk proteins with an enzyme (rennet) and culture acids. Such types of cheese are then aged by bacteria.
Market Dynamics
Changing dietary patterns, followed by increasing demand for natural food products, drives the growth of the natural cheese market overview. The increase in consumer demand for preservatives and emulsifier-free food products is also a significant driver of the industry's growth.
Continuous developments and the introduction of various new varieties in this market stimulate the growth of the natural cheese industry. Attractive packaging is another aspect that contributes to the growth of the industry. However, due to the increasing concern of lactose-intolerance, producers are concentrating on natural lactose-free cheese, which is boosting the growth of the natural cheese industry.
Market Segmentation
The global market for natural cheese market has been segmented based on type and distribution channel.
By type, the global market for natural cheese has been classified into cheddar, parmesan, mozzarella, brie, cottage cheese, cream cheese, and others. The mozzarella segment is projected to hold a significant market share and is predicted to be the fastest-growing segment during the review period.
By distribution channel, the global market for natural cheese has been divided into store-based and non-store-based. The segment for store-based segment has further been divided into supermarkets and hypermarkets, convenience stores, and others. The store-based segment is predicted to account for the larger revenue share of the market. However, the non-store-based segment is projected to show a higher growth rate during the forecast period, 2021 to 2028.
Regional Analysis
The global market for natural cheese has been examined in four main regions: North America, Europe, Asia Pacific, and the rest of the world.
Europe held the largest market share in 2018 and is predicted to post the highest CAGR in the forecast period. The dominance and development of the area can be attributed to the high consumption of cheese in various cuisines. In addition, the taste and flavor of different natural cheeses are very common among consumers in the area.
The demand for natural cheese on the North American market is expected to expand with a wide variety of products and a strong emphasis on marketing by key players. The US and Canada are the main country-level markets that contribute to the growth of the region's natural cheese market.
Key Players
Some of the leading participants in the global natural cheese market are Arla Foods amba (Denmark), Sargento Foods Inc. (US), Parag Milk Foods Ltd (India), Mother Dairy Fruit & Vegetable Pvt Ltd (India), Savencia SA (France), Groupe Lactalis S.A. (France), Royal FrieslandCampina N.V. (Netherlands), Borden Dairy Company (US), Almarai Co. Ltd. (Saudi Arabia), Bongards (US), The Kraft Heinz Company (US), Old Fashioned Foods, Inc (US), Associated Milk Producers, Inc. (US), Vindija dd (Croatia), and Bletsoe Cheese, Inc. (US).
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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