Cheese Market is Anticipated to Exceed Revenues Worth US$ 100,000 Mn by 2022-EndPosted by Preet on September 6th, 2019 Cheese is derived by processing of curd, which is ripened further to render it with a peculiar texture, aroma and flavor. Cheese production comprises acid, and enzymatic activities, and ageing of cheese provides the desired final product. Derived from a variety of milk sources such as goat, sheep, buffalo, and cow, various cheese produced include blue cheese, feta, cheddar, and mozzarella. The varieties of cheese are segregated on the basis of their ageing period, and processing techniques. Request for the Report Summary: https://www.factmr.com/report/138/cheese-market Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=138 Currently, North America is the dominant region in the global cheese market. North America cheese market is poised to account for roughly US$ 27,000 Mn revenues by 2022-end. The cheese markets in North America and Middle East & Africa (MEA) are estimated to exhibit a parallel expansion through 2022. However, revenues from the MEA cheese market will remain substantially lower than that in North America cheese market. Revenues from Europe cheese market will account for nearly one-fourth share of the overall cheese market throughout the forecast period. On the basis of product type, sales of processed cheese, and unprocessed cheese will continue to register similar CAGRs through 2022. However, unprocessed cheese will continue to be sought-after among consumers across the globe, with sales accounting for nearly two-third revenue share of the cheese market over the forecast period. The processed cheese is projected to create an absolute $ opportunity of more than US$ 5,000 Mn between 2017 and 2022. In terms of revenues, modern grocery retailers will continue to be dominant in the global cheese market, based on sales channels. With approximately one-third revenue share of the cheese market in 2017, modern grocery retail will gain 36 BPS in its market share by 2022-end. Traditional grocery retailers are expected to be the second most lucrative sales channel for cheese by 2022-end. Like it? Share it!More by this author |