Cheese Shreds Market is projected to register a CAGR of nearly 4.0% through 2027

Cheese shreds sales are likely to surpass 400 thousand tons in 2019, as growing popularity of mozzarella in fast food products fuels demand. According to a new study by Fact.MR, convenience, improved shelf-life, and added nutritive value are among the key trends influencing the cheese shreds market.

Shredded mozzarella cheese remains a topselling variant, with demand underpinned by growing adoption in fast-foods, especially pizzas. The US Dairy Export Council expects an additional 100,000 tons of pizza cheese exports every year through 2020. According to the Fact.MR study, broader gains in the pizza industry will have a key impact on cheese shreds demand.

Rapid urbanization in emerging countries, especially in Asia Pacific, have led to an increasing number of foodservice outlets, which have been driving demand for cheese shreds significantly. This has created high dependency of food producers in the region to import cheese shreds from suppliers in developed regions. As this dependency continues to spiral upward, demand for mozzarella cheese shreds with gain a significant uptick in the upcoming years.

The study opines that in response to growing demand for high-quality shredded mozzarella cheese from local and global markets, companies are increasingly focusing on processing aids. The use of anti-caking agents has increased significantly to reduce clumping, especially during packaging and shipping. In recent years, potato starch has gained popularity in cheese shreds market as anti-caking agent, owing to its good moisture absorbing capacity, without leaving any white discoloration on surface of cheese shreds.

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Cheese Shreds Market – Scope of Report:

A latest publication by Fact.MR on the global Cheese Shreds market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2019-2029.

Important indicators for the successful growth of the Cheese Shreds market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for Cheese Shreds supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Cheese Shreds, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

Positive Investment Flows to Expand Product Portfolio and Research & Development Initiatives of Stakeholders

A positive flow of investments from pharmaceutical giants is likely to propel the development of Cheese Shreds and compounds. For instance, in year 2019, Ginkgo Bioworks, Inc. raised funds of more than US$$ 350 Mn through investments from several investors for the development of Cheese Shreds. This has helped them increase production capacity.

Market leaders in Cheese Shreds such as Noramco, Inc. CannBioRx Life Sciences, Hyasynth Biologicals, Inc. etc are developing Cheese Shreds through novel techniques of synthesis. Moreover, these companies are shifting their focus on research and development of molecules through development of strains of microbes and yeast for biosynthesis of Cheese Shreds.

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Report benefits & key questions answered

• Post covid consumer spending on Cheese Shreds: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
• Cheese Shreds demand outlook: the market intelligence study reports highlights the factor propelling the demand for Cheese Shreds. As per the study, the demand for Cheese Shreds will grow through 2029.
• Cheese Shreds historical volume analysis: Fact.MR survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2019-2029.
• Cheese Shreds consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

Cheese Shreds Market Segmentations:

• 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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