Global Cheddar Cheese Market: Industry Best Market Trends and Useful Forecast Estimation till 2022

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Rockville, US, 2018-Jun-07 — /EPR Network/ — The rapidly expanding cheddar cheese market is the focus of a new report added to the market intelligence repository of Fact.MR. This 170-page broad study is headlined as Cheddar Cheese Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” which noticeably examines the prospects of the global cheddar cheese industry till the end of 2022, using the market’s development trajectory in the recent past as the key indicator of actionable insights into the market’s growth pattern. A blend of primary & secondary research has been implemented for offering estimates and forecasts on the concerned market.

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The Fac.MR report on global cheddar cheese market predicts a declining demand for cheddar cheese in the world. During the forecast period, 2017-2022, the global market for cheddar cheese will have soared at less than 3% CAGR, procuring a little over US$ 38.6 Bn in value by the end of 2022.

Global Cheddar Cheese Market: Forecast Highlights

1- Almost 40% of cheddar cheese produced in the world is sourced from goat milk. This trend will prevail throughout the forecast period, and the global market for cheddar cheese will also witness a gradual uptick in demand for cattle milk-sourced cheddar cheese products.

2- Being a refrigerator staple in the UK, Europe will continue to remain the largest market for cheddar cheese through 2022. Increasing diary production, coupled with rising levels of nutrient deficiency among European consumers, will boost the sales of cheddar cheese in Europe throughout the forecast period.

3- On the other hand, the Asia-Pacific excluding Japan (APEJ) region will showcase fastest growth for cheddar cheese market. Over the forecast period, the cheddar cheese market in APEJ region will expand at more than 3% CAGR, which is relatively higher growth compared to estimates on lucrative regions such as Europe and North America.

4- In 2017, more than US$ 8 Bn worth of cheddar cheese will be sold in the global market in the form of cheese blocks. As the demand for blocks of cheddar cheese rises, that of cheddar cheese sprays declines. The report distinctly projects a listless growth in sales of cheddar cheese sprays through 2022.

5- Cheddar cheese sold in food & beverage processing units will contribute to more than US$ 16 Bn revenues by 2022-end. Food & beverage processing will not only be the largest application for cheddar cheese, but will also reflect a relatively speedy growth compared to revenues accounted by Horeca and household applications.

6- The report also projects that wholesale trade, distributor sale and direct selling will be collectively viewed as largest sales channel for cheddar cheese, procuring more than one-third of global revenues through 2022.

The report has also profiled leading players in the global market for cheddar cheese, which include companies such as Savencia SA, Koninklijke FrieslandCampina N.V., Sargento Foods Inc., Gujarat Cooperative Milk Marketing Federation Ltd., Mondelez International, Inc., Fonterra Co-operative Group Limited, Groupe Lactalis S.A., Almarai – Joint Stock Company, Associated Milk Producers, Inc., and Arla Foods amba.

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Table of Contents:

  1. Global Cheddar Cheese Market – Executive Summary
  2. Global Cheddar Cheese Market Overview
    2.1. Introduction
    2.1.1. Global Cheddar Cheese Market Taxonomy
    2.1.2. Global Cheddar Cheese Market Definition
    2.2. Global Cheddar Cheese Market Size (US$ Mn) and Forecast, 2012-2022
    2.2.1. Global Cheddar Cheese Market Y-o-Y Growth
    2.3. Global Cheddar Cheese Market Dynamics
    2.3.1. Drivers
    2.3.2. Restraints
    2.3.3. Trends
    2.4. Supply Chain
    2.5. Cost Structure
    2.6. Pricing Analysis
    2.7. Raw Material Sourcing Strategy and Analysis
    2.8. List of Distributors
    2.9. Key Participants Market Presence (Intensity Map) By Region
  3. Global Cheddar Cheese Market Analysis and Forecast By Product Form 
    3.1. Global Cheddar Cheese Market Size and Forecast By Product Form, 2012-2022
    3.1.1. Blocks Cheddar Cheese Market Size and Forecast, 2012-2022
    3.1.1.1. Revenue (US$ Mn) Comparison, By Region
    3.1.1.2. Market Share Comparison, By Region
    3.1.1.3. Y-o-Y growth Comparison, By Region

Continued……..

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