Cheddar Cheese Market: Growing Demand for Plant-Based Alternatives Creating Innovation Opportunities

Posted on 2019-03-26 by Mark Hub in Food & Beverage, Industrial // 0 Comments

Fact.MR’s recent market intelligence on the cheddar cheese market offers incomparable insights transforming the global landscape. Throughout the assessment period of 2017-2022, global cheddar cheese market is projected to lie in the low growth-high value quadrant-with a sluggish growth through 2022 and valuation exceeding the US$ 38 Billion mark. Increasing demand for innovative and well-positioned premium products, will drive the global cheese market and present a plethora of opportunities to cheese manufacturers. Manufacturers expanding their product offerings in terms of flavors, will fuel the widespread consumption of cheddar cheese.

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The cheddar cheese market is relatively mature considering the presence of several private labels. This is projected to create pressure on cheese manufacturers to add value to their product offerings. Moreover, with increased penetration of alternatives in the form of non-dairy products catering to either the vegan or lactose-intolerant population-that small manufactures are already eyeing, Fact.MR recommends cheese makers jump on the health bandwagon with innovative products, soon.

Cheddar Cheese is The UK’s Most Loved; Maximum Sales through Supermarket Channels

Increasing production of good quality dairy products coupled with traditional cheese making techniques using rich goat milk, has changed the face of cheddar cheese consumption, particularly in the UK. Moreover, growing demand for unique flavors and the snacking movement have upped the sales of cheddar cheese notably- a trend more noticeable through supermarkets including Aldi and Waitrose. Portion-controlled packaging of cheddar cheese is likely to witness the strongest growth, both in terms of value and volume.

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Massive Free Trade Deal with EU worries Japanese Cheesemakers

World’s largest free trade between Japan and EU has got the Japanese cheese manufacturers fretting considering the likely import of cheap cheese from Europe. The cheese making business in Japan is relatively new, catering to consumers preferring milder varieties. Moreover, Japanese cheesmakers fear significant cost cutting of products to keep up with the lower-priced European cheese. Asian Countries, including Japan have upped their cheese consumption in recent years, owing to the growing westernization of food and changing nutritional intake.

Competitive Landscape Analysis – Global Cheddar Cheese Market

Fact.MR’s report titled ‘Cheddar Cheese Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022’ offers detailed insights on the key competitors in the global cheddar cheese market along with a description of their key developments and forward market expansion strategies. Key market players identified in the report on global cheddar cheese market include Fonterra Co-operative Group Limited, Almarai – Joint Stock Company, Arla Foods amba, Savencia SA, Sargento Foods Inc., Associated Milk Producers, Inc., and Mondelez International, Inc.

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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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