Cheese Market in North America is Poised to Account for Roughly US$ 27,000 Mn Revenues by 2031 End

Market Taxonomy

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

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Scope

The scope of Fact.MR’s report is to analyze the global cheese market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Cheese manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to cheese.

Summary

The report commences with brief information of the global cheese market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global cheese market.

Overview

The next section offers an overview of the global cheese market. This comprises an introduction to the market, along with a standard definition of the product – cheese. In this section, market value and year-over-year growth are offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints, and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers up-to-date information about the latest advancements in the global cheese market, the report provides updates about market opportunities, which can benefit leading manufacturers of cheese. With the continuous evolution of the food & beverage sector, keeping a record of the latest developments and trends is fundamental for cheese manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

Fact.MR’s report offers segment-wise analysis and forecast, to provide detailed insights of the global cheese market, while considering the wide scope of the market. The global market for cheese has been categorized into sales channel, product type, and region. The report provides a comprehensive segmentation analysis, along with an in-depth country-wise forecast on all parameters.

The report’s last section comprises of the global cheese market competitive landscape, to provide readers with the dashboard view of company analysis and market players. This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global cheese market.

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8 Key Projections for the Global Cheese Market

1. Based on sales channels, 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.
2. Traditional grocery retailers will continue to be the second-largest sales channel in the global cheese market by 2022-end.
3. Based on product type, processed cheese, and unprocessed cheese sales will continue to exhibit similar CAGRs through 2022.
4. Unprocessed cheese is expected to remain sought-after in the global market, with sales estimated to account for around two-thirds market revenue share over the forecast period.
5. The processed cheese will create an absolute $ opportunity of over US$ 5,000 Mn during the forecast period.
6. Currently, North America is the most lucrative market for cheese, and this region is projected to retain its dominance in the global cheese market from 2017 to 2022.
7. The markets for cheese in Middle East & Africa (MEA), and North America are anticipated to register parallel increase through 2022.
8. 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.