The cheese shreds market registered a CAGR of 3.0% during the period 2013 to 2018. However, declining prices of cheese are likely to augur well for cheese shreds industry.
Growing number of product recalls owing to mold growth, and caking defect is one of the biggest challenges faced by the retailers and producers in the cheese shreds market. Mold formation in cheese shreds can lead to the growth of harmful bacteria such as brucella, listeria, e-coli, and salmonella. High-calorie count combined with high fat and sodium content in cheese, which results in various health issues. Meanwhile, various studies have found possibility of bacteria in cheese transferred from cows, which can affect human health.
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Growing Use of Cow Milk in Cheese Shreds Production
According to the report, sales of cow milk-based cheese shreds is likely to exceed 300 thousand tons in 2019. As a source, cow milk will continue to be sought-after vis-à-vis buffalo milk and goat milk, owing to the better color, texture and flavor. Additionally, greater digestibility of nutritional components present in cow milk further complements its demand as a healthy source for producing cheese shreds.
The study further opines that demand for cow milk in cheese shreds production will also be augmented by relatively better functional properties, such as high-quality proteins and low-fat content. However, concerns regarding milk allergies and lactose intolerance are pushing demand for alternatives such as soy and almond, which have recently gained significant acceptance in cheese production worldwide.
Competitive Landscape:
- Masters Gallery Foods Inc. plans to build new packaging and distribution facility worth US$ 30 Mn in Oostburg. The new facility will support food service cheese offerings by the company and ensure growth in its private brand retail.
- Dairy Farmers of America while boosting its Borden cheese range has launched new whole-milk mozzarella string cheese, snack bar flavor available in extra sharp white cheddar and habanero cheddar cheese, and thick cut shreds which are available in Ultimate pizza blend, nacho blend, and mac & cheese blend in the US.
- Saputo Cheese USA Inc. has introduced new rubbed cheese wedges with four unique flavors including Harissa, Basil Pesto, Black Pepper, and Bourbonista.
- Granarolo SpA plans to participate in all the major international fairs in the agri-food sector in the Americas, Asia, and Europe. The company will exhibit full range of snacks and brands at various international fairs.
Leading players operating in the cheese shreds market include Daiya Foods, Inc., Hormel Foods Corporation, Borden Cheese (Dairy Farmers of America, Inc.), Sargento Foods Inc., Tillamook, Lisanatti Foods, Inc., Associated Milk Producers, Inc., Winona Foods, Masters Gallery Foods, Inc., Galaxy Nutritional Foods, Inc., Kerrygold USA, Hunter, Walton & Co., Inc., BelGioioso Cheese Inc., Dutch Farms, Inc., Leprino Foods Company, Granarolo S.p.A, Pacific Cheese Co. Inc., Saputo Cheese USA Inc., Offredi The Cheese Ltd., GFA Brands, Inc., and other prominent players.
Cheese Shreds Market: Segmentation
- Product Types
- Mozzarella
- Cheddar
- Pepper Jack
- Provolone
- Other Product Types (Parmesan, Monterey Jack, etc.)
- Source
- Cow Milk
- Buffalo Milk
- Goat Milk
- Nature
- Organic
- Conventional
- Buyer Type
- HoReCa Sector
- Household and Residential Buyers
- Food Processors and Manufacturers
- Sales Channel
- Direct Sales
- Modern Trade
- Specialty Stores
- Departmental Stores
- Convenience Stores
- Online Retailers
- Other Sales Channels
- Regions
- North America
- Latin America
- Europe
- Japan
- Asia Pacific (Excluding Japan)
- Middle East & Africa
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Questionnaire answered in the Market outlook Report of Cheese Shreds include:
- What is the key strategy deployed by large players to maximize Cheese Shreds Market growth?
- What are the main challenges faced by players in the Cheese Shreds market Demand?
- With the advent of technological advancement, how will the Cheese Shreds market landscape change over the forecast period?
- What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Cheese Shreds market size?
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