250 Pages Cheese Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.
The report offers actionable and valuable market insights of Cheese. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Cheese Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Cheese market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Cheese
Cheese is derived by processing of curd, which is ripened further to render it with a peculiar texture, aroma and flavor. Cheese production comprises acid, and enzymatic activities, and ageing of cheese provides the desired final product.
Derived from a variety of milk sources such as goat, sheep, buffalo, and cow, various cheese produced include blue cheese, feta, cheddar, and mozzarella. The varieties of cheese are segregated on the basis of their aging period, and processing techniques.
The primary factor sustaining the growth of the cheese market is the unstoppable need for convenience food worldwide. Shortage of time for making elaborate meals through conventional methods has been driving the adoption of packaged food items, along with easy & quick meal options.
This newly published and insightful report sheds light on Market Insights of Cheese, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Cheese Market.
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(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
8 Key Projections for the Global Cheese Market
- Based on sales channels, modern grocery retailers are estimated to remain dominant in the market, in terms of revenues. With roughly one-third market revenue share in 2017, the modern grocery retailers are expected to witness a rise of 36 BPS in market share by 2022-end.
- Traditional grocery retailers will continue to be the second-largest sales channel in the global cheese market by 2022-end.
- Based on product type, processed cheese, and unprocessed cheese sales will continue to exhibit similar CAGRs through 2022.
- Unprocessed cheese is expected to remain sought-after in the global market, with sales estimated to account for around two-thirds market revenue share over the forecast period.
- The processed cheese will create an absolute $ opportunity of over US$ 5,000 Mn during the forecast period.
- Currently, North America is the most lucrative market for cheese, and this region is projected to retain its dominance in the global cheese market from 2017 to 2022.
- The markets for cheese in Middle East & Africa (MEA), and North America are anticipated to register parallel increase through 2022.
- Leading players listed in Fact.MR’s report on the global market for cheese include Sargento Foods Inc., Arla Foods amba, Mondelez International, Inc., Savencia SA, Fonterra Co-operative Group Limited, Almarai – Joint Stock Company, Koninklijke FrieslandCampina N.V., Associated Milk Producers, Inc., Groupe Lactalis S.A., and Gujarat Cooperative Milk Marketing Federation Ltd.
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Key Question answered in the survey of Cheese market report:
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More Valuable Insights on Cheese Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Cheese, Sales and Demand of Cheese, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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