Low-fat cheese contains a lesser amount of saturated fat and low-density cholesterol which is responsible for an increase in the risk of heart disease. This cheese is available in various forms as a healthy substitute to standard cheese. The food manufacturers offer many kinds of cheese in low-fat varieties, made from low-fat milk as well. Some of the products where low-fat cheese used are pizzas, sandwiches, salads, and hot dogs.
Owing to unmet consumer demand, there is a high demand for great tasting, low fat cheese which provides huge growth opportunity to dairy processing industries. Also, the increased demand from the fast food industry with the emphasized focus on health is an additional factor contributing to the growth of the low-fat cheese market. Moreover innovations in varieties are also providing impetus to the market growth of low fat cheese. Cheese is a part of the customs in many countries, where it is consumed on a daily basis. Such natural demand is fostering to the cheese consumption. Also, processed and natural low-fat cheese are great value added ingredients for healthier meals and snacks, which has further accelerated the demand for the product. However, the color and texture of the product plays an important role and the manufacturers have to ensure that they appeal to consumers.
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Major Key Players
The key players are capitalizing on the growing health and wellness trend by launching novel products. They are also investing significantly on research and development to introduce novel technologies to cater consumers’ demand for healthier food. The companies are also focusing on expanding its geographical reach to increase market penetration. In addition, key manufacturers are focusing to enhance its brand name by arranging various promotional activities. The companies are participating in various social media promotions and events and interaction with the consumers.
The key players profiled in Low Fat Cheese Market are DSM, Sargento Fromageries Bel S.A., Bongrain, Lactalis Group, Kraft Foods Group Inc., S.A., Arla Foods, Crystal Farms, Friesland Campina, and Britannia Industries (Wadia Group) among many others.
Low Fat Cheese market is segmented into Europe, North America, APAC, and Rest of the World (RoW). North-America has dominated the market for Global Low Fat Cheese Market with the largest market share. Asia-Pacific, Europe and RoW are the growing market for Global Low Fat Cheese. Increasing demand for healthier food is driving the demand for low fat cheese market.
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The global Low Fat Cheese market has been divided into type, distribution channel, and region.
On The Basis Of Type: Feta, Ricotta, Mozzarella sticks, and hard cheese