Global Processed Cheese Market Growth 2023-2029
Processed cheese (also known as prepared cheese, cheese product, plastic cheese, or cheese singles) is a food product made from cheese (and sometimes other, unfermented, dairy by-product ingredients); plus emulsifiers, saturated vegetable oils, extra salt, food colorings, whey or sugar. As a result, many flavors, colors, and textures of processed cheese exist.
Processed cheese is made from its natural counterpart, with salt, whey, and emulsifiers added. An emulsifier is added to prevent the surface of the cheese from forming tiny pools of fat on the surface, which is a tendency in its natural counterpart. These emulsifiers may include sodium phosphate, tartrate, citrate, or potassium phosphate. It is also these emulsifiers that allow processed cheese to melt smoothly without clumping and prevent the oils from separating when heated. This is why processed alternatives are usually smoother, creamier, and preferred for sauces and cooking.
Cheese analogues (more widely known as cheese alternatives) are products used as culinary replacements for cheese. These include vegan cheeses as well as some dairy products.
LPI (LP Information)' newest research report, the “Processed Cheese Industry Forecast” looks at past sales and reviews total world Processed Cheese sales in 2022, providing a comprehensive analysis by region and market sector of projected Processed Cheese sales for 2023 through 2029. With Processed Cheese sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Processed Cheese industry.
This Insight Report provides a comprehensive analysis of the global Processed 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 Processed Cheese portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Processed Cheese market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Processed 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 Processed Cheese.
The global Processed Cheese market size is projected to grow from US$ 7790.8 million in 2022 to US$ 9188.9 million in 2029; it is expected to grow at a CAGR of 9188.9 from 2023 to 2029.
Global Processed Cheese key players include Kraft, Savencia, etc. Global top two manufacturers hold a share about 40%.
North America is the largest market, with a share over 40%, followed by Europe and China, both have a share over 30 percent.
In terms of product, Processed cheese is the largest segment, with a share over 90%. And in terms of application, the largest application is Retail, followed by Catering, Ingredients.
This report presents a comprehensive overview, market shares, and growth opportunities of Processed Cheese market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Processed Cheese
Analog Cheese
Segmentation by application
Catering
Ingredients
Retail
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.
Kraft
Savencia
Bright Dairy & Food
Fonterra Food
Lactalis Group
Bel Group
Dairy Farmers of America
Land O Lakes
Crystal Farms
Arla
Koninklijke ERU
Murray Goulburn Cooperative
Alba Cheese
PT Diamond Cold Storage Indonesia
Follow Your Heart
Daiya
Tofutti
Heidi Ho
Kite Hill
Dr. Cow Tree Nut Cheese
Uhrenholt A/S
Bute Island Foods
Vtopian Artisan Cheeses
Punk Rawk Labs
Violife
Parmela Creamery
Treeline Treenut Cheese
Key Questions Addressed in this Report
What is the 10-year outlook for the global Processed Cheese market?
What factors are driving Processed Cheese market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Processed Cheese market opportunities vary by end market size?
How does Processed 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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