Market Insights
Specialty cheese market is expected to grow from USD 147.2 Billion in 2023 to USD 195.0 billion by 2030, at a CAGR of 4.80% from 2023 to 2030. Cheese has been around for a long time and exists in a wide variety of flavors, textures, and forms depending on the origin of the milk, specific type of bacteria used in the production process, butterfat content and several other factors. Attention to these various factors is vital in the production of specialty cheeses as particular cheeses get their flavor and texture from very specific processes. Market Research Future has performed a detailed study of the global specialty cheese market.
Specialty cheeses are available in an exceptionally wide variety. In terms of flavors, specialty cheeses are available in natural flavors or have added herbs, fruits, spices, and several others. With hundreds of varieties of specialty cheese available in the market, the demand for cheese has grown as consumers are likely to experiment with different choices. Moreover, specialty cheese uses natural production processes to provide nutritious, and natural cheese. Specialty cheeses are a good source of protein, calcium, and other trace vitamins & minerals. Growing consumer aversion to processed food due to rising health consciousness has resulted in a substantial increase in demand for specialty cheese. Additionally, specialty cheese is an important ingredient in the food industry which is expected to fuel growth of the specialty cheese market outlook. This is due to the burgeoning growth of the F&B sector as a result of rising disposable incomes and rapid urbanization.
However, challenges that the market faces may impede growth over the review period. Fluctuations in the price of milk, as well as the reduced shelf life of specialty cheeses versus processed cheese, is expected to challenge market growth. However, product innovation in specialty cheeses will likely open the market up to opportunities during the forecast period.
Key Players
MRFR has analyzed key market participants that are participating in the global specialty cheese market. Prominent players included in the report are Arla Foods, BelGioioso Cheese Inc, Saputo Inc., Kanegrade Ltd., Kraft Heinz Ingredients, Bel Brands, and ORNUA FOODS NORTH AMERICA INC
Regional Analysis
Europe accounts for the most significant region in the global specialty cheese market. Cheese making is an integral part of this region's cuisine. Certain countries such as the U.K, Italy, and France are globally renowned for their specialty cheeses. For example, French cheese such as camembert, English cheese such as cheddar, and Italian cheese such as buffalo mozzarella are in high demand across the globe. Increasing applications of specialty cheese in fast food and snack food is increasing consumption of specialty cheeses.
North America is another significant region in the global specialty cheese market and is led by growth in the U.S. Many small players are entering the market, and artisan specialty cheeses are growing in demand due to increasing awareness about specialty cheese and high disposable incomes. However, the Asia Pacific market is on track to grow at the most rapid pace during the forecast period. Economic growth in the region has led to a change in lifestyles and consumption pattern in emerging economies of the APAC such as Japan, India, and China. Specialty cheese makers are popping up in various countries, and the increasing demand for specialty cheeses is expected to boost market growth in the long term.
Market Segmentation
The market structure of the global specialty cheese market share includes key segments which have been determined in MRFR's report on the basis of type, source, flavor, distribution channel, and region. Types of specialty cheeses have been segmented into semi-soft, soft white, fresh, aged fresh, hard, flavored and others. Fresh specialty cheeses have a low risk of contamination as well as a rich flavor. These factors are expected to result in substantial growth for the fresh specialty cheese segment. Moreover, the hard cheese segment is growing considerably due to the longer shelf life of these types of cheeses over all other types.
Sources of specialty cheese have been segmented into sheep milk, whole cow milk, goat milk, buffalo milk, and skimmed cow milk. The whole cow milk segment accounts for the most significant share of the global market due to the wide variety of specialty cheeses which use cow milk traditionally. Growing health consciousness is expected to result in rapid growth of the skimmed cow milk segment.
Flavors in specialty cheeses are widely varied and have been segmented into spices, nuts, fruits, herbs, and others. The spices segment leads the market and is closely followed by the herbs segment in terms of growth.
Distribution channels for specialty cheese have been segmented into store-based and non-store based distribution channels. Due to the one-stop shopping experience that store-based distribution channels provide, as well as the general preference for shopping natural produce in person is expected to keep the store based segment in the lead.
Latest Industry News
- FrieslandCampina has acquired Best Cheese Corporation, a U.S based specialty cheese importer and distributor.
- Prima Cheese has announced that it is expanding its exporting division in 2019
Read More Blogs:
Organic Cheese Powder Market Research Report Information: by Type (Cheddar, Parmesan, Mozzarella, American, Blue and others), by Certification (95% Organic, 100% Organic), by Application (Bakery Goods, Confectionery, Sauces & Dips, Rte Meals, Savory Snacks, Seasoning & Flavorings, Desserts and others) and Regions-Forecast to 2030
Low Fat Cheese Market Research Report Information By Type (Feta, Ricotta, Mozzarella Sticks, And Hard Cheese), By Distribution Channel (Food Retail And Food Service) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032.
Non-Dairy Cheese Market Research Report Information By Product Type (Mozzarella, Parmesan, Cheddar, Cream Cheese and Others), By Source (Soy, Almond, Coconut, Rice and Others), By Distribution Channel (Store-Based and Non-Store-Based) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032.
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
Contact:
Market Research Future®
99 Hudson Street, 5Th Floor
New York, New York 10013
United States of America
