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Natural Cheese Market Trend Analysis With Growth Forecast During 2017-2022

01-18-2018 02:39 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

The Fact.MR report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Natural Cheese market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in need of major industry data in a ready-to-access format along with clear presentation of graphs and tables.

reference for natural cheese is currently higher as compared to processed cheese, partly due to the fact that the former is purely made of natural ingredients and do not have any artificial content. Traditionally, natural cheese is used in various food items such as pizza, burger and sauces & dips. In recent years, popularity of natural cheese has gained traction in emerging countries such as China and India, owing increasing influence of Western food in these countries. However, high fat content in natural cheese continues to curb its popularity among consumers who are highly health conscious. In addition, arrival of healthier alternatives is inhibiting the global sales of natural cheese to an extent. Excessive consumption of cheese can also lead to development of heart ailments. The aforementioned factors are expected to play an important role in shaping the dynamics of the global natural cheese market over the next couple of years. Fact.MR in its latest report projects that the global natural cheese market will stand at around US$ 8,455.7 Mn by the end of 2022.

Natural cheese is a dairy product that is available in a wide range of flavour and texture, it is produced by coagulation of the milk protein casein. Cream cheese, camembert, cottage cheese, muenster, stilton, cheddar, gorgonzola, parmesan, mozzarella, pasta filata, roquefort, and provolone are among some of the popular variants of natural cheese that are consumed in various parts of the globe. Unlike processed cheese, very few steps are involved in making natural cheese. It comprise of fat and protein from milk, which is usually of buffalos and cows.

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Europe to Spearhead the Global Natural Cheese Market

In terms of revenue, Europe will continue to be the most attractive market for natural cheese during the forecast period. Natural cheese is found in various European gourmet food. Countries such as Italy, Switzerland, France, Germany, The U.K. and Spain account for significant amount of cheese consumption. The natural cheese market in Europe is expected to witness a steady growth over the next couple of years. Meanwhile, demand for natural cheese in Asia-Pacific excluding Japan (APEJ) is also surging at an impressive rate. This is primarily owing to increase popularity of indulgent food. The region’s natural cheese market is expected to reflect the fast CAGR between 2017 and 2022.

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Based on product form, the blocks segment will retain its top position of the market. Currently, the segment accounts for close to 26% share of the market and is expected surpass a valuation of US$ 2,263 Mn by 2022-end, reflecting a CAGR of 2.5%.

6 Insights from Fact.MR’s Report on Global Natural Cheese Market

1- Europe to remain the most lucrative market for natural cheese during 2017 and 2022. Natural cheese is one of the most popular food item in the region, consumption of the product is significantly high in countries such as Switzerland, Italy, France, the U.K. and Germany.

2- Consumption of natural cheese is also on the rise in Asia-Pacific excluding Japan (APEJ). This mainly due to growing demand for cheese based indulger food in countries such as China and India. The natural cheese market in APEJ is projected surge at a relatively higher CAGR during the assessment period.

3- Demand for block form natural cheese will remain significantly high throughout the forecast period. Global sales of block form natural cheese currently command for nearly 26% revenue share of the global market. Towards the end of 2022, around US$ 2,263 Mn worth of block-form natural cheese is anticipated to be consumed globally.

4- Wholesales/ distributor/ direct will continue to be the largest sales channels for natural cheese over 2022. Currently, sales of natural cheese through wholesales/ distributor/ direct account for more than 37% share of the market in terms of revenues.

5- Currently, application of natural cheese in food & beverage processing and HoReCa (hotel, restaurants, cafes) collective accounts for almost 80% revenue share of the market and the trend is likely to continue throughout the forecast period.

6- Goat milk is the primary source for making natural cheese. Goat milk base natural cheese currently accounts for the largest revenue share of the market followed by cattle milk. By the end of 2022, over US$ 3,527 Mn worth goat milk base natural cheese is estimated to be sold worldwide.

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Competition Tracking

Arla Foods amba, Savencia SA, Fonterra Co-operative Group Limited, Koninklijke FrieslandCampina N.V., Groupe Lactalis S.A., Almarai – Joint Stock Company, Associated Milk Producers, Inc., Mondelez International, Inc., Sargento Foods Inc., and Gujarat Cooperative Milk Marketing Federation Ltd. are the leading market players profiled in Fact.MR’s report.

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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