Global Mozzarella Cheese Market Is Estimated To Witness High Growth Owing To Increasing Demand for Convenience Food & Rising Consumer Inclination towards Healthy Food Choices.
The Global Mozzarella Cheese Market is estimated to be valued at US$ 36.7 billion in 2023 and is expected to exhibit a CAGR of 6.46% over the forecast period of 2023-2030, according to a new report published by Coherent Market Insights.
Market Overview:
Mozzarella cheese is a popular type of cheese used in various cuisines globally. It is known for its stretchy and creamy texture, making it ideal for dishes such as pizzas, pasta, and salads. The demand for mozzarella cheese is driven by the rising consumption of convenience food and the increasing consumer inclination towards healthy food choices. Additionally, the growing popularity of Italian cuisines and the expansion of quick-service restaurants are further propelling the market growth.
Market Dynamics:
The growth of the mozzarella cheese market is primarily driven by two main factors. Firstly, the increasing demand for convenience food is boosting the consumption of mozzarella cheese as it is a key ingredient in many ready-to-eat meals. Secondly, consumers are increasingly focusing on healthy food choices, and mozzarella cheese is considered to be a healthier option compared to other types of cheese due to its lower fat and sodium content. Furthermore, the rise in the popularity of Italian cuisines and the expansion of quick-service restaurants are expected to drive the market growth even further.
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