Market Overview:
Cheese is popular in almost every corner of the world due to its portability, long shelf life, nutrients, and delicious taste. Natural cheese, as opposed to processed cheese, is made using traditional cheese making methods to produce various types of cheeses using natural ingredients. Every type of cheese has a significant flavor and texture which separates it from others. Market Research Future has studied the natural cheese market during the forecast period of 2017 to 2023 and findings of the market report indicate growth of the global natural cheese market at a steady, yet moderate CAGR of 4.10% during the review period. The predicted pace of growth for the market is expected to result in a global market value of USD 109.78 Bn by the end of 2023.
Get a Sample Report Now @ https://www.marketresearchfuture.com/sample_request/4887
Consumers have increasingly become aware with regards to food ingredients and are eschewing processed food items in lieu of natural food products. The demand for naturally produced food items has come increased due to growing health consciousness among consumers looking to avoid otherwise prevalent lifestyle diseases. Natural cheese is a good source of protein, necessary fats, calcium, and phosphorus. As such, natural cheese has become a crucial addition to a properly balanced diet as it contains several vital nutrients. Natural cheese is also highly popular due to the availability of a large variety of cheeses, both traditional and non-traditional. Unique flavor profiles and textures are attracting consumers to try various types of cheeses, thus driving growth. Some popular types of cheeses include brie, cheddar, bleu, mozzarella, gouda, and several others. Many kinds of cheese also have variants which result in a wider selection for consumers to choose from. Prime example being cheddar, which is available in red, white, smoked and flavored to name a few. With a wide variety of cheeses available, they are often added to dishes or used to flavor snack items. Natural cheeses are highly popular in the foodservice industry, which is thriving. The growing demand for well-prepared natural food has boosted the demand for natural cheeses in the foodservice industry, thus driving the market.
Natural cheeses are made using natural ingredients and little to no preservatives, which gives them a short shelf life when compared to the alternative. Moreover, the price of milk has been growing, thus making natural cheese more expensive. These factors are likely to challenge market growth. However, market players are often innovating on existing cheeses with new flavors, which will likely drive demand for natural cheeses. Moreover, to meet international demand for natural cheeses due to globalization, export activities with regards to natural cheeses have grown significantly. These, among other factors, are likely to lead the global natural cheese market toward new opportunities in the foreseeable future.
Competitive Landscape:
Fonterra Co-operative Group Limited (New Zealand), Associated Milk Producers Inc. (U.S.), Arla Foods (Denmark), Lactosan A S (Denmark), Almarai Company (KSA), Koninklijke FrieslandCampina N.V (the Netherlands), and The Kraft Heinz Co. (U.S.) are among the leading competitors participating in the global natural cheese market. MRFR has analyzed these players for their respective roles in the market.
Industry Updates:
In November 2018, Kraft Heinz Co., an American food company, announced that it has agreed to sell its Canadian natural cheese business to Parmalat SpA for an amount of USD 1.23 Bn.
Segmentation:
MRFR has segmented the global natural cheese market on the basis of type, application, distribution, and region.
Types of natural cheese have been segmented into mozzarella, cheddar, parmesan, blue, and others. Cheddar cheese is immensely popular across the globe and is a popular choice in terms of flavors in snack and other food items. The cheddar cheese segment possesses the largest share of the market and is on track to grow at a CAGR of 4.59% during the review period.
Applications of natural cheese include sweet & savory snacks, bakery and confectionery, dressings, dips & condiments, ready meals, and others. The ready meals segment is expected to witness the most rapid growth at a CAGR of 3.78%.
Distribution channels for natural cheese have been segmented into store-based and non-store based. The store-based segment is expected to witness the most significant CAGR of 3.77% during the forecast period.
Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/reports/natural-cheese-market-4887
Regional Analysis:
The key regions covered in the report include Asia Pacific, Europe, North America, and the Rest of the World. Europe is the most significant regional market in the global cheese market. Natural cheese is a key part of the local diet in many countries, and several of the world’s most popular cheese have their origins in Europe. Some examples include Gouda from the Netherlands, Brie from France and Cheddar from the U.K among others. The consumers in this region are well aware of the various varieties of cheese, which is driving the sales of natural cheese in the region. The European natural cheese market is expected to grow at a CAGR of 3.78% and reach a market value of USD 43.26 Bn by the end of 2023.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/natural-cheese-market-4887