Global Cheese Market - Demand for Processed Cheese Is Expected to Grow by 2019

The global cheese market was worth USD 79.57 billion in 2012 and it is expected to reach USD 105.13 billion in 2019. The cheese market globally is expected to grow at a CAGR of 4.4%from 2013 to 2019.

 

Albany, NY -- (SBWIRE) -- 03/02/2016 -- The next six years will be crucial for the global cheese market in terms of high growth rate as emerging countries and other developed markets prefer the natural cheese products for consumption. Cheese has already been promoted as a healthy and high protein snack for children and adults and thus, an increasing consumption of natural and processed dairy-based cheese products are driving the global cheese market to become the mainstream market in the coming years.

The report based on the Global Cheese Market offers an analytical snapshot of this highly dynamic market within the food and beverages industry. Latest industry trends and industry statistics provided in the report highlights the global cheese market attractiveness, as well as its other macro-economic factors that are influencing and inhibiting the growth of the overall market. The report provides the global market forecast from 2013 to 2019.

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Analytical tools such as Porter's five force analysis, value chain analysis, product portfolio, and SWOT analysis have been utilized in the study of the global cheese market report. The report also discusses some of the key investing areas of the cheese market and allows you to identify the products, customers, manufacturers, suppliers, and distributors driving revenue growth and profitability into the global market.

The report analyzes the global cheese market based on different segments that include: Global Cheese Market by Type, Global Cheese Market by Geography, and Company Profiles.

The industry report identifies the leading companies globally and provides you with the essential data and strategic industry analysis to map the competitive landscape in the global cheese market.

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Overview of the Global Cheese Market

As a popular food product, cheese has great nutritional and biological value. Presently, cheese is broadly accepted and consumed as a key ingredient in dietary plans. The variations found in the taste and texture of cheese inclusive of its processing and aging methods have resulted in a large range of high-quality cheese products across different regions in the world. This has ingrained high growth and consumption among users adding retail value in the global cheese market.

The global cheese market report observes some of the most intriguing new innovations and product launches in cheese as part of the market's drive in order to add substantial value and recognition to cheese products that are at risk or trading at low growth rates in the market.

The global cheese market was worth US$79.57 billion in 2012 and is expected to reach US$105.13 billion in 2019. Nevertheless, the market is expected to grow at a CAGR of 4.4% from 2013 to 2019.

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Owing to the increase in the number of Fast Food Restaurants, food outlets, dining restaurants and households, the demand for processed cheese market is expected to grow in the regions such as China and India. By geography, the market has been segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). The cheese market is famous and available in almost all the distribution channels such as Supermarkets/Hypermarkets across the globe. However, the major markets such as Germany, the UK, and the U.S are expected to mark high growth for natural and unprocessed cheese over the forecast period.

North America and Europe together accounted for more than 70% of the global cheese market in 2012. However, the percentage shares of these regions are expected to decline to around 60% in 2019.

Companies mentioned

This report profiles some of the major players in the global cheese market such as Fonterra Co-operative Ltd, Alra Foods Inc., and Mondelez international Inc. among others.

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