A $150+ Billion Market by 2027, from $124 Billion in 2020
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Global Cheese Market
Global Cheese Market
Dublin, Jan. 24, 2023 (GLOBE NEWSWIRE) — The “Global Cheese Market – Forecasts from 2022 to 2027” report has been added to ResearchAndMarkets.com’s offering.
The global cheese market is projected to grow at a CAGR of 2.86% to reach US$151.058 billion by 2027 from US$124.033 billion in 2020.
There are a lot of health benefits associated with the consumption of cheese, pushing consumers towards using it in their everyday meals. Some valuable contents in cheese include iron, calcium, fats, and others. Furthermore, some cheeses contain very little dairy and can be consumed by lactose-intolerant people.
Moreover, cheese is treasured mostly by the younger generation, who like eating snacks such as grilled cheese. These factors are leading to a rise in demand for dairy products such as cheese and are bolstering the market’s growth. The offering of better and more advanced varieties of speciality and normal cheese with enhanced flavours and textures, among other properties, by existing and new players in different markets is estimated to lead to a rise in consumption and augment the market growth further over the forecast period.
Natural cheese consumption is becoming more popular among the general public.
Processed cheese contains a lot of additives, so it takes away the benefits of natural cheese. Processed cheese has high quantities of fats, calories, and salt, which are some leading factors that lead to diseases such as obesity, and hypertension.
In addition, food colourings are present in the cheese to make it more appealing to the consumers, and emulsifiers are present to thicken the cheese. However, while the prolonged shelf life may inspire consumers to consume processed cheese, growing health consciousness weighs heavily and encourages people to switch to natural cheese.
Cheese from cow’s milk is consumed more than cheese from other types of milk.
There are different types of milk, such as cow milk, buffalo milk,…
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