Cheese Market Scope and Opportunities Analysis 2017-2022Posted by Preet on August 28th, 2019 The global cheese market is projected to exhibit a sluggish growth during the forecast period 2017 to 2022. Derived from a number of milk sources including buffalo, cow, sheep, and goat, the variety of cheese produced include mozzarella, feta, blue cheese, and cheddar. The market is estimated to surpass US$ 100,000 Mn in revenues by 2022-end. Request for the Report Summary: https://www.factmr.com/report/138/cheese-market Moreover, increasing number of working women, along with soaring disposable income of people, especially in developed countries, are expected to sustain demand for cheese as well as its by-products. Most of the market players are concentrating on expanding their presence in the global market, adopting key strategies including interesting marketing campaigns, attractive packaging methods, and introduction of innovative products. Get the Discount on the Report: https://www.factmr.com/connectus/sample?flag=D&rep_id=138 Based on sales channel, modern grocery retailers are estimated to remain dominant in the market, in terms of revenues. With roughly one-third market revenue share in 2017, the modern grocery retailers are expected to witness a rise of 36 BPS in market share by 2022-end. Traditional grocery retailers will continue to be the second largest sales channel in the global cheese market by 2022-end. Based on product type, processed cheese, and unprocessed cheese sales will continue to exhibit similar CAGRs through 2022. Unprocessed cheese is expected to remain sought-after in the global market, with sales estimated to account for around two-third market revenue share over the forecast period. The processed cheese will create an absolute $ opportunity of over US$ 5,000 Mn during the forecast period. Leading players listed in Fact.MR’s report on the global market for cheese include Sargento Foods Inc., Arla Foods amba, Mondelez International, Inc., Savencia SA, Fonterra Co-operative Group Limited, Almarai - Joint Stock Company, Koninklijke FrieslandCampina N.V., Associated Milk Producers, Inc., Groupe Lactalis S.A., and Gujarat Cooperative Milk Marketing Federation Ltd. Like it? Share it!More by this author |