The new report by EMR titled, ‘Global Cheddar Cheese Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global Cheddar Cheese market, assessing the market based on its source like Cattle Milk, Goat Milk, Sheep Milk, types, forms, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
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The key highlights of the report include:
Cattle milk accounts for the largest share in terms of source, as cheddar cheese made from cow's milk is the most common among consumers. Meanwhile, due to its increasing use in food items such as pizza, burgers, pasta, and sandwiches, the natural cheese segment accounts for a significant share of the market by kind. The natural cheddar cheese melts wonderfully. As a result, it is the preferred cheese in exotic dishes. People nowadays like going out to shop, so supermarkets and hypermarkets account for a significant share of distribution channels.
Industry Definition and Major Segments
Cheddar is a type of off-white cheese with a tangy flavour. It has a smooth texture and is a good source of calcium and vitamin K, as well as the other nutrients necessary for bone health. It is a popularly purchased and consumed natural cheese made primarily from cow's milk.
Based on the source, the market is segmented into:
- Cattle Milk
- Goat Milk
- Sheep Milk
- Others
By type, the market is segmented into:
- Natural
- Processed
Based on form, the market is divided into:
- Block
- Cubes
- Spread
- Slice
- Others
On the basis of distribution channels, the market is segmented into:
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialist Retailers
- Online Channel
- Others
The regional markets for the product include:
- North America, Europe
- the Asia Pacific
- Latin America
- the Middle East and Africa.
Market Trends
Fast food products such as pizza, burgers, sandwiches, wraps, and tacos, among others, are driving the global cheddar cheese market, as are traditional recipes. As a result, the growing demand for fast food would drive market growth over the forecast period. The demand is further bolstered by the growing number of fast-food retail outlets, as well as raising population disposable incomes. Furthermore, increasing customer awareness of the benefits of cheddar cheese is expected to help the demand grow during the forecast era. Cheddar cheese's nutritious benefit, which includes vitamin K, offers energy to the heart and bones. As a result, it is regarded as a very healthy snack, making it a preferred food choice.
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Key Market Players
The major players in the market are Arla Food Amba, Lactalis Group, Fonterra Co-operative Group, Saputo Inc, Dairy Farmers of America, and Gujarat Cooperative Milk Marketing Federation Ltd. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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