The Global Cheese Market Report by The Business Research Company covers cheese market drivers and restraints, cheese market size, major players, and the impact of COVID-19 on the cheese market.
The cheese market consists of sales of cheese by entities (organizations, sole traders and partnerships) that produce cheese products (except cottage cheese) from raw milk and/or processed milk products, and cheese substitutes from soybean and other non-dairy substances. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. The cheese market is segmented into natural cheese and processed cheese.
The increasing demand for local, sustainable and organic food production is expected to positively impact the cheese manufacturing market during the forecast period. The global cheese market is expected to grow from $201.99 billion in 2020 to $216.88 billion in 2021 at a compound annual growth rate (CAGR) of 7.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $296.24 billion in 2025 at a CAGR of 8%.
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Some cheese market trends include the internet of things (IoT) technology is increasingly being used to track dairy products and ensure safe product handling. IoT technology consists of a network of devices, vehicles or other items that continuously exchange data and provide insights about a process or system. This technology is being used to track ingredients being used in products.
Global cheese market segments include:
1) By Type: Natural Cheese, Processed Cheese.
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others.
3) By Source: Cow Milk, Sheep Milk, Goat Milk, Buffalo Milk.
4) By Product: Mozzarella, Cheddar, Feta, Parmesan, Roquefort, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global cheese market, accounting for 36% of the market.
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The Cheese Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides cheese market overviews, analyzes and forecasts market size, share, cheese market players, cheese market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The cheese market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Cheese Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Arla Foods Limited, Bongrain AG, Murray Goulburn Co-operative Co. Limited, Fonterra Co-operative Group Limited, Leprino Foods Company Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Cheese Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Cheese Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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