Global IQF Cheese Market Growth 2023-2029
Individual Quick Freezing, usually abbreviated IQF, is a freezing method used in food processing industry. Products commonly frozen with IQF technologies are typically smaller pieces of food products and can range from all types of berries, fruits and vegetables diced or sliced, seafood such as shrimps and small fish, meat, poultry and even pasta, cheese and grains. Products that have been subjected to IQF are referred to as Individually Quick Frozen or IQF'd.
There has been a constant growth in the cheese industry over the last 10 years, fueled by the increasing demand for ready to eat meals, healthy snacks, organic cheese as well as higher demands from frozen pizza producers.
Today’s consumers ask for convenience, thus manufacturers offer products and packaging solutions that are portable and easy to use. Many manufacturers are trying to make capital on snacking and ready–to–go cheese products as this trend is growing.
Delivering premium quality cheese products is not always easy though, since cheese, as well as most food products cannot last for too long. New product developments around the world are focusing on alternative processing solutions that preserve the cheese qualities while making is easy to use and to preserve.
IQF technology comes with the best solution for this market, with IQF cheese opening up a large market share for fine cheeses and delicate cheese products. Consumers all over the world are able to buy and consume cheese products that were very exclusive, with the help of IQF technology. Also, IQF cheese is a new and high quality frozen product that fits very well in the existing frozen product range for ready meals and ready-to-go products such as IQF vegetables, IQF fruits, IQF meat and IQF seafood. IQF cheese is used for pizza, pasta, salads, antipasti, sandwiches, soups and bakery.
The fact that IQF cheese is easy to use and spread on other food products by the cheese processors, has also contributed to the popularity of IQF cheese on the market of frozen dairies. Choosing the right IQF freezing equipment and method is essential though to the cheese processors, as cheese is a difficult product to preserve.
The Individual Quick Frozen (IQF) Cheese market covers IQF Cow Cheese, IQF Goat Cheese, etc. The typical players include Fonterra, Granarolo SpA, Eurial GIE, Dairy Kompany, Couturier North America, etc.
LPI (LP Information)' newest research report, the “IQF Cheese Industry Forecast” looks at past sales and reviews total world IQF Cheese sales in 2022, providing a comprehensive analysis by region and market sector of projected IQF Cheese sales for 2023 through 2029. With IQF Cheese sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IQF Cheese industry.
This Insight Report provides a comprehensive analysis of the global IQF Cheese landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on IQF Cheese portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global IQF Cheese market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IQF Cheese and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IQF Cheese.
The global IQF Cheese market size is projected to grow from US$ 861.8 million in 2022 to US$ 1219.4 million in 2029; it is expected to grow at a CAGR of 1219.4 from 2023 to 2029.
Global IQF Cheese key players include Fonterra, Granarolo, Eurial, Saputo, Ornua Ingredients, etc. Global top five manufacturers hold a share about 30%. North America is the largest market, with a share about 40%, followed by Europe, with a share about 35 percent. In terms of product, IQF Cow Cheese is the largest segment, with a share about 75%. And in terms of application, the largest application is Commercial, followed by Household.
This report presents a comprehensive overview, market shares, and growth opportunities of IQF Cheese market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
IQF Cow Cheese
IQF Goat Cheese
Segmentation by application
Commercial
Household
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Fonterra
Granarolo
Eurial
CASA Radicci
Ets Freddy Baines
Consorzio Dal Molise
Quelac
St. Paul
Europomella
Key Questions Addressed in this Report
What is the 10-year outlook for the global IQF Cheese market?
What factors are driving IQF Cheese market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do IQF Cheese market opportunities vary by end market size?
How does IQF Cheese break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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