Demand for Cheese Shreds Market to Surge in Environment-driven End-use Industrie

Posted by Arslan on August 26th, 2019

Cheese shreds sales are likely to surpass 400 thousand tons in 2019, as growing popularity of mozzarella in fast food products fuels demand. According to a new study by Fact.MR, convenience, improved shelf-life, and added nutritive value are among the key trends influencing the cheese shreds market. Shredded mozzarella cheese remains a topselling variant, with demand underpinned by growing adoption in fast-foods, especially pizzas. The US Dairy Export Council expects an additional 100,000 tons of pizza cheese exports every year through 2020. According to the Fact.MR study, broader gains in the pizza industry will have a key impact on cheese shreds demand.

Rapid urbanization in emerging countries, especially in Asia Pacific, have led to an increasing number of foodservice outlets, which have been driving demand for cheese shreds significantly. This has created high dependency of food producers in the region to import cheese shreds from suppliers in developed regions. As this dependency continues to spiral upward, demand for mozzarella cheese shreds with gain a significant uptick in the upcoming years.

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Table of Content

1. Global Cheese Shreds Market - Executive Summary
       1.1. Summary of Key Findings
       1.2. Summary of Statistics
         1.3. Demand and Supply side Trends 
         1.4. Fact.MR View Point
2. Global Cheese Shreds Market Overview
       2.1. Global Cheese Shreds Market Definition
       2.2. Research Scope
         2.3. Global Cheese Shreds Market Size (US$ Mn) & Volume (Tonnes) and Forecast, 2013-2027
                 2.3.1. Global Cheese Shreds Market Y-o-Y Growth
3. Key Indicators Assessment
       3.1. Global Milk Industry Overview
               3.1.1. Global Milk Production by Regions
                 3.1.2. Global Milk Production by Key Countries
                 3.1.3. Global Milk Trade Analysis
                               3.1.3.1. Key Importing Countries
                              3.1.3.2. Key Exporting Countries
         3.2. Global Cheese Market Overview
                 3.2.1. Global Cheese Market Analysis and Forecast, 2013-2027
                 3.2.2. Global Cheese Market Share and BPS Analysis and Forecast by Region, 2019 & 2027
                 3.2.3. Global Cheese Market Attractiveness Analysis by Product Types, 2019-2027
                              3.2.3.1. Cheddar
                              3.2.3.2. Mozzarella
                              3.2.3.3. Provolone
                              3.2.3.4. Parmesan
                              3.2.3.5. Blue
                              3.2.3.6. Goat
                              3.2.3.7. Other Product Types

To be Continue.......

Cheese Shreds Market - Key Insights

• The cheese shreds market registered a CAGR of 3.0% during the period 2013 to 2018. However, declining prices of cheese are likely to augur well for cheese shreds industry.
• The cheese shreds market is projected to exceed revenues worth US$ 4 billion in 2019.
• North America is likely to remain the largest market for cheese shreds with revenues projected to surpass US$ 1.6 billion in 2019. Cheese shreds market players in the region are leveraging falling prices of milk in combination with higher stocks, which have reduced cost of various cheese variants.
• Asia Pacific excluding Japan (APEJ) will retain its position as the fastest-growing market for cheese shreds. Greater China continues to gain significance as an attractive market with surging demand for cheese shreds from bakeries and western style restaurants in the country.

HoReCa Remains Largest Cheese Shreds Buyer

A wide variety of food options offered by the food service providers, along with the convenience of on-the-go and home delivery continue to drive demand for cheese shreds from HoReCa sector. With evolving dynamics, there has been a marked rise in the number of hotels, restaurants and cafes, which has led to the growing demand for cheese shreds, used as toppings and ingredients in various food items.

Restaurants serving fast-food items have witnessed a rise in popularity, especially in the developing countries, which, in turn, has influenced the demand for processed cheese in form of shreds owing to the ease of use as ingredient and toppings. With increasing disposable incomes and growing demand for value-added dairy products from consumers from the HoReCa sector, stakeholders in the cheese shreds market are introducing high-quality cheese made using healthy ingredients along with different flavors of cheese shreds.