Escalating Demand for Cream & Soft Cheese Influences Market Growth during 2017-2
Posted by Arslan on February 4th, 2019
Fact.MR’s all-inclusive report on the cream and soft cheese market delivers critical insights on various dynamics shaping the market for assessment period of five years, from 2017 to 2022. Growth of global cream and soft cheese market, in terms of CAGR, is anticipated to remain sluggish, however, growth in terms of revenue is anticipated to stand at a valuation of US$ 15.6 Billion, through 2022.
Fact.MR foresees high protein and less fat content in cream and soft cheese as the key factor driving the product market. Moreover, product innovations in terms of flavor notes and textures coupled with growing adoption in cooking applications will have an impact on cream and soft cheese consumption and application in the foodservice industry. However, high perishability of cream and soft cheese will retrain the market growth. In the coming years, cream and soft cheese-based products tapping on the convenience and easy snacking trends, will take over the supermarket shelf-space, presenting companies with opportunities to innovate new cheese products including dips, sticks and other small-bites.
Complex Production Process of Cream Cheese Could Push Alternatives in the Market
Owing to its fresh taste, relatively healthy protein content, and overall product versatility cream and soft cheese have witnessed a positive global acceptance in the recent years followed by a number of innovations in terms of flavors and textures. However, complex processes associated with the production of cream cheese including a long list of specialized equipment used for pasteurization, fermentation, and ultrafiltration leaving a large quantities of by product in the form if acid whey is likely to restrain the overall growth of cream and soft cheese market. Innovative alternatives such as BEKAPLUS® DP 302, offers not just processing benefits but also qualities of cream cheese and convenience. This alternative is likely to present white space opportunities to manufacturers looking to expand their portfolios using creamy spreads with properties similar to cream cheese.
Millennial Driving Cream and Soft Cheese Adoption
The overall cream and soft cheese market is relentlessly driven by the growing demand for high protein and low fat levels. Manufacturers are continually exploring product development opportunities by tapping the younger generations owing to their level of commitment to healthy foods. Studies indicate that millennial are more likely to pay a premium for cream and soft cheese made of sustainably sourced ingredients.
Browse Full Report Cream & Soft Cheese Market with TOC-
Fact.MR’s report titled ‘Cream and Soft Cheese Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022’ offers a detailed competitive landscape outlook on the key market participants, including their company profiles and critical developments and financials. Key players such as Associated Milk Producers Inc, Arla Foods amba, Almarai - Joint Stock Company, Gujarat Cooperative Milk Marketing Federation Ltd, Groupe Lactalis S.A, Fonterra Co-operative Group Limited, Savencia SA, Sargento Foods Inc., and Mondelez International, Inc have been studied in the report.
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About the AuthorArslan
Joined: December 18th, 2017
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