Natural Cheese Market | Global Industry is projected to reach USD 109.78 billion by 2023 at a CAGR of 4.10% during the forecasted period

Market Overview:

Natural cheese is used in various ready-to-eat meals, convenience foods and fast-foods which are widely consumed on a global level. The rising application and consumption of natural cheese is like to surge in the demand for natural cheese. Market Research Future, a firm which specializes in market reports related to the Foods, Beverages & Nutrition sector among others, recently forecasted in its report “Global Natural Cheese Market Research Report- Forecast to 2023” that the market will demonstrate an exceptional CAGR while achieving million dollar growth readily in the forecast period.

Natural cheese is a kind of cheese which is prepared from natural ingredients, in which milk is the major ingredient. Additionally, natural cheese contains some enzymes, salt and other natural flavorings. Natural cheese is a rich source of calcium, protein, phosphorus, sodium and saturated fat and has multiple applications across food industries. Commonly available natural cheeses in the markets are cheddar, mozzarella, parmesan, and blue. High focus on research & development and advancements in technology has led to innovations in natural cheese flavors which are found to be attracting the consumers globally. Also, the retail and foodservice industries are seeing innovations in natural cheese flavors as a major opportunity for expanding their natural cheese market. Additionally, inclination of consumers towards trying new natural cheese flavors in their daily diet is fueling up the growth of global natural cheese market.

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Furthermore, growing popularity of convenience food is driving the market for natural cheese as a major ingredient in the food products. Additionally, fresh cheese, along with soft and hard cheese finds wide application in the food sector. Also, natural cheese is used in various ready-to-eat meals, convenience foods and fast-foods which are widely consumed on a global level. The rising application and consumption of natural cheese has uplifted the global natural cheese market. However, the rising prices of milk and low shelf-life of cheese products is a major barrier in the growth of natural cheese market. Additionally, the rising obese population across the globe has led to consumers to be more health conscious and have initiated adopting health eating habits. This might reduce the consumption of natural cheese owing to accumulation of excess fat in the body.

Latest Industry Updates:

Apr 2017 Dean Foods Company and KRAFT Macaroni & Cheese have announced their strategic collaboration spotlighting Dean's DairyPure brand milk and KRAFT Macaroni & Cheese (KMC).

Mar 2017 Vermont Creamery has become an independently operated subsidiary of Minnesota-based Land O'Lakes. It will continue to produce its fresh and aged goat cheeses, cultured butter and fresh dairy at the creamery in Websterville, Vermont.

Apr 2016 Lactalis Group has come into an agreement to acquire the dairy business of Anik Industries to increase in market penetration in Indian market.

Feb 2016 Crystal Farms has expanded its cheese product portfolio by launching new flavors.

Major Key Players:

The key players are capitalizing on the growing health and wellness trend by launching novel products. They are also investing significantly on research and development to introduce novel technologies to cater consumers’ demand for healthier food. The companies are also focusing on expanding its geographical reach to increase market penetration. In addition, key manufacturers are focusing to enhance its brand name by arranging various promotional activities. The companies are participating in various social media promotions and events and interaction with the consumers.

The key players profiled in natural cheese market report are Associated Milk Producers Inc. (U.S.), Almarai Company (U.S.), Arla Foods (Denmark), Fonterra Co-operative Group Limited (New Zealand), Koninklijke FrieslandCampina N.V (the Netherlands), The Kraft Heinz Co. (U.S.), and Lactosan A S (Denmark) among many others.

Market Segments:

The global natural cheese market has been divided into type, application, distribution channel, and region.

On the Basis of Type: Cheddar, Mozzarella, Parmesan, and Blue

On the Basis of Application: Bakery & Confectionary, Sweet & Savory Snacks, Dressings, Dips, & Condiments, and Ready Meals

On the Basis of Distribution Channel: Store Based and Non-store Based

On the Basis of Region: North America, Europe, Asia Pacific, and ROW

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Regional Analysis:

The global natural cheese market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, European region is dominating the market over the forecast period. The market is projected to grow at a CAGR of 4.108% during the review period. This is attributed to high demand of natural cheese in this region owing to the health benefits associated with the consumption of natural products.

Among the European countries, Germany is majorly driving the market of natural cheese market in this region. However, Asia Pacific region is expected to grow with a CAGR of 5.08% during the review period. In Asia Pacific region, China is expected to hold 26% market share in the year 2017.