Natural Cheese Market Research with Segmentation, Growth, and Forecast 2028
Natural Cheese Market Overview
Natural cheese market is expected to
garner a revenue of USD 135,260.17 million by 2028 with 6.59% CAGR during the
forecast period, 2020–2028.
An examination of the market repercussions
and potential that have resulted from the COVID-19 pandemic is provided by the natural
cheese market. The extensive research paper concentrates on the direct and
indirect effects of COVID-19 on newly released products, supply chain synopses,
governmental rules, and tactics used by pertinent industry participants.
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.
Key Players
Some of the natural
cheese key market players 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).
Market Dynamics
Changing dietary patterns, followed by
increasing demand for natural food products, drives the growth of the natural
cheese market. 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.
Regional Analysis
The global natural cheese market 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.
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