Processed Cheese Market Revenue and Value Chain 2017-2022Posted by ankush Nikam on November 28th, 2019 Shifting consumer preference towards organic, plant-based alternatives, and vegan food products are critical dynamics impacting the overall growth of global processed cheese market. Moreover, surge in lactose intolerance cases, globally have substantially reduced the consumption of dairy products, including processed cheese. New products in the form of natural (hard and semi-hard cheese) is reflecting inclination towards natural cheese and away from processed format. Growing penetration of novel and artisan cheese products is anticipate to take away a significant revenue slice from the processed cheese market. Authentic and premium ingredients offered by more artisanal brands is making the processed cheese market highly competitive and volatile, predicts Fact.MR. As per a recent report by Fact.MR, the global processed cheese market is anticipated to represent a sluggish growth over the assessment period of 2017-2022. Lying in the low growth-high value quadrant through 2022, the global processed cheese market is likely to exceed the US$ 17 Billion mark by 2022 end. Fact.MR foresees the growing penetration of convenience snacking formats as an important factor supplementing to the growth of global processed cheese market. • Regional breakdown of the Processed Cheese market based on predefined taxonomy. On the basis of Sales Channel, the Processed Cheese market study incorporates: Almarai-Joint Stock Company, Arla Foods amba, Associated Milk Producers, Inc., Fonterra Co-operative Group Limited, Mondelez International, Inc., Savencia SA, and Sargento Foods Inc. • How has the global Processed Cheese market grown over the historic period of 2012-2016? Like it? Share it!More by this author |