Cheese is a dairy product made from pressed milk curds. Various varieties are prepared from ripened (aged) cheese and unripened (fresh) cheese. It is a nutritious and delicious food that is very versatile. Cheese can be added to other dishes or eat it by itself. There are more than 250 type of cheese such as mozzarella, cheddar, colby, Swiss and American. To meet the consumers’ needs cheese are available in varieties of flavors, forms such as slices, cubes, grated, sticks, spread, chunks and shredded and in different packages.
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The global cheese market is projected to witness growth due to its high nutritional value. Cheese is a very source of host of nutrients such as vitamin A, protein, phosphorus, calcium, vitamin B12 and zinc. Emerging economies are projected to become the mainstream markets owing to rise in disposable income, increasing purchasing power, changing lifestyles and growing urbanization. Unique packaging, product innovation and rising health awareness amongst people are some of the factors which will foster demand.
At present, the global cheese market is dominated by Europe followed by North America. Asia Pacific is projected to be the fastest growing market. Latin America and Middle East & Africa are also projected to experience significant growth in the years to come.
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Global Cheese market is segmented on the following bases:
Key Players Identified in the Cheese Market include but are not limited to:
Alra Foods Inc., FromageriesBel S.A., Saputo Inc, Mondelez International Group (earlier Kraft), Bongrain S.A., Fonterra Co-operative Group Ltd., EMMI, Almarai Company Ltd and GCMMF- Amul among others
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