Low Fat Cheese Market Detailed Summary, Present Industry Size and Future Growth Prospects to 2017-2023

Market research future published a Half cooked research report on Global Low Fat Cheese Market that contains the information from 2016 to 2027.

Global Low Fat Cheese Market – Overview:

Increase in wellness sector awareness has enhanced the market growth trajectory of the low fat cheese market to an elevated level, owing to which the market is growing at an incremental pace of development on the global stage. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on Global Low Fat Cheese Market Research Report- Forecast to 2027 that the market will demonstrate an exceptional CAGR % while achieving million dollar growth readily in the forecast period.

An increasing awareness about health food among consumers worldwide has led to a change in their food choices and eating habits. Consumers’ are increasingly opting for healthy food and are looking for low/free-from food products. This has propelled the growth of low cheese market as it contains low sodium and low calories. Furthermore, the prevalence of obesity and overweight, worldwide has increased manifold over the years. According to World Health Organization, more than 1.9 billion adults, 18 years and above, were overweight of which 650 million were obese in the year 2016. Also, more than 41 million children under the age of 5 were overweight or obese in 2016. The growing concern about ill-effect of obesity and overweight has further fuelled the demand for low fat products including low fat cheese.

Owing to unmet consumer demand, there is a high demand for great tasting, low fat cheese which provides huge growth opportunity to dairy processing industries. Also, the increased demand from the fast food industry with the emphasized focus on health is an additional factor contributing to the growth of the low-fat cheese market. Moreover innovations in varieties are also providing impetus to the market growth of low fat cheese. Cheese is a part of the customs in many countries, where it is consumed on a daily basis. Such natural demand is fostering to the cheese consumption. Also, processed and natural low-fat cheese are great value added ingredients for healthier meals and snacks, which has further accelerated the demand for the product. However, the color and texture of the product plays an important role and the manufacturers have to ensure that they appeal to consumers.

Global Low Fat Cheese Market – Segments:
The global Low Fat Cheese market has been divided into type, distribution channel, and region.

On The Basis Of Type: Feta, Ricotta, Mozzarella sticks, and hard cheese

On The Basis Of Distribution Channel: Food retail, and Food service

On The Basis Of Region: North America, Europe, Asia Pacific, and ROW.

Regional Analysis:

North America, Europe, Asia Pacific, and the Rest of the World are the key markets for low-fat cheese. North America is expected to exhibit maximum growth and will be closely followed by Europe. High consumer awareness regarding the consumption of healthier foods is expected to influence the growth of the market in North America and Europe. In addition, the growth of the Food industry in the regions will also stimulate the growth of the market. APAC is expected to be an emerging market for low-fat cheese due to the growing number of health-conscious consumers, especially in countries such as Australia, China, and India.

 

Competitive Analysis:

Bongrain, Kraft Foods Group Inc., Arla Foods, Sargento Fromageries Bel S.A., Crystal Farms, Lactalis Group, Britannia Industries (Wadia Group), DSM, Friesland Campina, and S.A. are the key players in the global low-fat cheese market.

 

Read More about the Report: https://www.marketresearchfuture.com/reports/low-fat-cheese-market-1319

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