In this modern world, people are habituated to western culture more and preferring western meals, ready-to-eat-foods, and convenient & fast foods in their daily life. As a part of it, significant quantities of cheese are being consumed as an ingredient in a wide variety of food products such as cheese-based dishes/snacks in the home, food service, and prepared consumer foods. Cheese, be it blue cheese, cheddar cheese, pecorino cheese, muenster cheese, and gouda cheese, act as an additional benefit to most of the diets because of its low fat and sodium content. Moreover, the addition of cheese alters the taste, texture, and aroma of the respective dish. Thus, it is highly getting adopted in numerous fast-food preparations, thereby rapid growth in the fast-food industry is raising the cheese ingredients market size. Cheese is a rich source of nutrients including protein such as casein, whey & calcium and vitamins namely A, B2 (riboflavin) and B12, phosphorous and zinc. Additionally, the intake of cheese supports weight loss, prevents heart diseases, and osteoporosis. Therefore, health benefits coupled with nutritional aids of various cheeses availability is evolving the growth of the cheese market. On the other hand, worldwide, the grated cheese trade balance was recorded as $420.7 million in 2018. This grated cheese has experienced annual growth of 8% in import value from 2017 to 2018. Furthermore, cheese manufacturers focus engaged in developing different cheese formulations in fresh, unripened, cooked, pressed, and aged varieties, which is helpful to raise their cheese ingredients market share. These players are implementing various business strategies and also providing transparent food brands to consumers in order to mark their brand name as one among the cheese top 10 companies.
As a consequence, the cheese ingredients market size stood at $89.9 billion in 2018 and is projected to grow at a CAGR of 3% during the forecast period 2019-2025, according to the global cheese ingredients market report.
The report evaluates the cheese ingredients market size based on cheese type and ingredient. Moreover, it provides a detailed analysis of prominent players and start-ups with their cheese ingredients market share, globally.
The Prominence of Natural Cheese in the Cheese Ingredients Market:
Mozzarella cheese is the most prominently used natural cheese as it has less sodium content and calories among other cheeses. It comprises bacteria that act as probiotics, which is used to boost both gut health, and immunity system of an individual to fight against contagions. Hard cheese like Parmesan cheese and semi-hard cheese like Gouda cheese provide health benefits such as bone health, dental health, blood pressure, healthy blood vessels, gut microbiota and cholesterol, a healthy weight, omega-3 fatty acids, and healthy cells. Mozzarella, Emmental, and Cheddar cheese are the notable natural cheese used in the making of sandwiches, quiche, omelets, pasta, pizza, and lasagne. Whereas, Parmesan is chosen for pasta dishes and Mozzarella is preferred in the Pizza preparation. This natural cheese is majorly used in the preparation of cheese snacks, baked goods, soups, sauces, cheese-stuffed entrees, sandwiches, vegetables in cheese sauce, microwaveable foods, meats, and casseroles. Incorporation of this cheese is highlighting meat alternatives and plant-based foods as more delicious and nutritious under the specialty food segment. It is also providing a better flavor profile for both plant-based and vegetarian meals. All these factors are leading to the growth of natural cheese in the cheese ingredients market, set to grow at the fastest CAGR of 2.8% over the forecast period.
Trends in the Cheese Ingredients Market:
Flavored Cheese: In this modern era, vegetarian consumers are highly intended to reduce the consumption of meat and showcasing interest in plant-based foods. Natural cheese is used in many of the vegetable-centric prepared foods for ?avor, functionality, and nutrition. Thus, an increase in the adoption of different flavor cheese in the food industry is boosting the cheese market revenue.
Creative thinking of cheese-makers, particularly in flavor development, taste combinations, packaging formats, and shape extrusions of cheese are in trend.
North America Cheese Ingredients Marketplace:
In 2017, $4 billion cheese alternatives sales lead the specialty food market which holds a share of 3.9% of the $140.3 billion specialty foods market. Besides, Royal FrieslandCampina N.V. has acquired Best Cheese Corporation USA and Jana Foods to establish its footprint and also to emerge its presence though dairy snacking in the North America Region in December 2018. It also advances the popularity of major brands such as Parrano, Robusto, and Melkbus cheese through these acquisitions. Increase in usage of cheese powders and enzyme-modified cheeses in dry mixes, salad dressings, snack coatings, sauces, soups, crackers, seasonings, and baked goods has been benefiting food-service and prepared food companies. Thus, U.S. cheese suppliers are involved in creating novel cheeses and blends with varied colors, flavors, functional properties, and price points. In addition to this, the American Cheese Society is encouraging the highest standards, especially regarding the safety and sustainability in cheese making, thereby creating significant opportunities in the U.S. cheese industry. Growth in consumer demand for cheese as a part of shopping for foods at home-meals is also driving the North America cheese ingredients market. Hence, North America held a dominating share of 30% in the global cheese ingredients market, as of 2018.
Cheese Ingredients Market – Competitive Landscape:
Fonterra Co-Operative Group Limited, CSK Food Enrichment, Alpura, E. I. du Pont De Nemours and Company, Arla Foods, Saputo Inc., Chr. Hansen Holdings A/S, Archer Daniels Midland Company, Koninklijke Dsm N.V., and Almarai are the foremost players, which are involved in the global cheese ingredients market.
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