August 29, 2019 by Steve Blade
Fact.MR’s recent market intelligence on the cheddar cheese market offers incomparable insights transforming the global landscape. Throughout the assessment period of 2017-2022, global cheddar cheese market is projected to lie in the low growth-high value quadrant-with a sluggish growth through 2022 and valuation exceeding the US$ 38 Billion mark. Increasing demand for innovative and well-positioned premium products, will drive the global cheese market and present a plethora of opportunities to cheese manufacturers. Manufacturers expanding their product offerings in terms of flavors, will fuel the widespread consumption of cheddar cheese.
The cheddar cheese market is relatively mature considering the presence of several private labels. This is projected to create pressure on cheese manufacturers to add value to their product offerings. Moreover, with increased penetration of alternatives in the form of non-dairy products catering to either the vegan or lactose-intolerant population-that small manufactures are already eyeing, Fact.MR recommends cheese makers jump on the health bandwagon with innovative products, soon.
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Table of Content
1. Global Cheddar Cheese Market - Executive Summary
2. Global Cheddar Cheese Market Overview
3. Global Cheddar Cheese Market Analysis and Forecast By Product Form
To be continue........
Massive Free Trade Deal with EU worries Japanese Cheesemakers
World’s largest free trade between Japan and EU has got the Japanese cheese manufacturers fretting considering the likely import of cheap cheese from Europe. The cheese making business in Japan is relatively new, catering to consumers preferring milder varieties. Moreover, Japanese cheesmakers fear significant cost cutting of products to keep up with the lower-priced European cheese. Asian Countries, including Japan have upped their cheese consumption in recent years, owing to the growing westernization of food and changing nutritional intake.
Competitive Landscape Analysis – Global Cheddar Cheese Market
Fact.MR’s report titled ‘Cheddar Cheese Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022’ offers detailed insights on the key competitors in the global cheddar cheese market along with a description of their key developments and forward market expansion strategies. Key market players identified in the report on global cheddar cheese market include Fonterra Co-operative Group Limited, Almarai - Joint Stock Company, Arla Foods amba, Savencia SA, Sargento Foods Inc., Associated Milk Producers, Inc., and Mondelez International, Inc.
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