Specialty Cheese Market To Experience An Impressive Growth By 2023


- 06 Dec 2017 05:45 AM IST
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Market Overview:

Specialty cheese is a type of cheese in which attention is given to natural flavor and texture. It is a well-known source of protein, calcium, and phosphorus. The specialty cheese is obtained from various sources of milk such as goat milk, sheep milk, whole cow milk, skimmed cow milk, and buffalo milk. Various natural ingredients such as herbs, spices, fruits, nuts and others are added to the specialty cheese to preserve the natural flavors. The product is available in number of types such as fresh, aged fresh, soft white, semi-soft, hard, flavored, and others. These wide range of products are gaining popularity among the consumers.

Increasing application of specialty cheese in fast food products, snacks, bakery products and others is driving the growth of the market. Additionally, changing lifestyle and consumption pattern among the consumers are supporting the growth of the specialty cheese market. Moreover, inclination of consumers towards fast food and snacks is boosting the market growth. However, constantly price hike of milk may hamper the specialty cheese market during the review period. Nevertheless, all these factors are projected to contribute to the estimated CAGR of 3.5% of specialty cheese market during the forecast period 2017-2023. 

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Major Key Players:

The major players in the Specialty Cheese Market

  • Arla Foods (Denmark)
  • Kanegrade Ltd. (U.K.)
  • Kraft Heinz Ingredients (U.S.)
  • BelGioioso Cheese Inc (U.S.)
  • Bel Brands (U.S.)
  • ORNUA FOODS NORTH AMERICA INC (U.S.)
  • Saputo Inc. (Canada)

Regional Analysis:

Global Specialty Cheese Market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Europe is holds the major share of the specialty cheese market followed by North America. Growing consumption of specialty cheese in snacks and fast foods by the increasing population is the major factor driving the specialty cheese market in Europe. In North America, the U.S. holds the major share of specialty cheese market.

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Intended Audience

  • Bakery industry
  • Dairy industry
  • Food processing industry
  • Retailers and wholesaler
  • E-commerce industry
  • Traders, importers, and exporters

Key Findings

  • Organic specialty cheese is increasingly gaining acceptance among the growing population
  • Specialty cheese makers are focusing on collaborative projects for product innovations

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.