Transparency
Market Research announces the publication of a new market research
study made available on the company’s website. The research report
provides a comprehensive analysis of the global
cheese market, including the product segmentation, major growth
drivers, restraints, current trends, geographical segmentation, and
competitive scenario. The 196-page research report, titled “Global
Cheese Market - Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2013 - 2019,” provides insightful recommendations given
by industry experts to guide the major players in formulating their
policies and strategies effectively.
The
global cheese market is estimated to rise from US$79.57 bn in 2012 to
US$105.13 bn by 2019, exhibiting a 4.40% CAGR from 2013 to 2019, says
the report. In the last few years, cheese has gained immense
popularity, thanks to its nutritional value. Currently, cheese is
accepted and consumed as a chief ingredient in cooking. The
variations in the texture and taste of cheese, along with its aging
and processing techniques, have resulted in a huge variety of
high-quality cheeses sold around the world.
The
tremendous rise in the fast food industry worldwide, rapid
urbanization, changing lifestyles, and increasing disposable income
resulting in a rise in the number of people eating outside are some
of the major factors that are expected to fuel the growth of the
global cheese market throughout the forecast period. Moreover, the
growing popularity of cheese among adults as well as kids in
developing countries is considered as the biggest opportunity for
players operating in the market. In addition, the growing number of
distribution channels is projected to boost sales in the global
cheese market.
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a Brochure of this Report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2072
On
the flip side, rising health concerns due to an unhealthy diet, short
shelf life of the product, and unstable economic conditions across
the globe are estimated to hamper the growth of the global cheese
market in the coming years.
By
geography, the global cheese market has been classified into North
America, Europe, Asia Pacific, and Rest of the World. Among these
regions, in 2012, Europe dominated with a 38.8% share in the global
cheese market. North America held the second position, holding a
32.7% share in the global cheese market. On the other hand, the Asia
Pacific market for cheese is projected to exhibit a 7.90% CAGR
between 2013 and 2019. Japan, China, and India are estimated to
contribute substantially towards the growth of the market throughout
the forecast period.
The
research study has further provided a detailed vendor analysis of the
global cheese market, focusing on the company profiles, inception
details, financial overview, business policies, major mergers and
acquisitions if any, and SWOT analysis. The increasing demand for
cheese has attracted several players to participate in the global
cheese market. These players are making efforts to introduce new
combinations and innovations and create a brand name to gain the
competitive advantage in the market.
The
prominent players operating in the market include Fromageries Bel
S.A., Royal Frieslandcampina N.V., EMMI, Bongrain SA, Fonterra
Co-Operative Group Ltd., Mondelez International Group (Kraft),
Almarai Company Ltd., Arla Foods, Inc., GCMMF - Amul, Sargento Foods
Inc., Groupe Lactalis S.A, and Saputo Inc.
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