Industry Background:
Natural cheese is made of products using only natural ingredients such as fresh high-quality milk, enzymes, salt, and natural colors. Increasing demand for convenience food, growing fast food industry are some of the major factors influencing the demand for natural cheese in the market. Further, growing awareness about health benefits associated with natural cheese as it is rich with protein content expected to drive the demand for natural cheese over the forecasted period.This growth is primarily driven by A growing trend in the dairy products market has been witnessed with respect to the demand for natural cheese products. The interest of dairy ingredients customers is increasing towards natural products. Dairy products are becoming an item of mass consumption owing to changing the eating habits of people. Hence, trends in the dairy products market are growing toward healthier, lighter products with natural ingredients driving the demand for natural cheese..
Globally, a noticeable market trend is evident Growing Popularity of Convenience Food Products
. Major Vendors, such as Applegate Farms LLC (United States), Arla Foods (Denmark), Savencia Fromage & Dairy (France), Saputo Dairy Australia Pty Ltd. (Australia), Fonterra (New Zealand), Leprino Foods (United States), Friesland Campina (Netherland), Groupe Lactalis (France), Calabro Cheese Corporation (United States), Bega Cheese (Australia) and Bletsoe Cheese (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
2018, Applegate Farms a subsidiary of Hormel Foods launched a new natural cheese line available in six sliced varieties, including American-style Colby, mozzarella, and medium cheddar.
Market Drivers
- A growing trend in the dairy products market has been witnessed with respect to the demand for natural cheese products. The interest of dairy ingredients customers is increasing towards natural products. Dairy products are becoming an item of mass consumption owing to changing the eating habits of people. Hence, trends in the dairy products market are growing toward healthier, lighter products with natural ingredients driving the demand for natural cheese.
Market Trend
- Growing Popularity of Convenience Food Products
- Rising Demand for Natural Cheese with Low Sodium Content
Restraints
- Low Shelf Life of Cheese Products
- Stringent Government Regulations Regarding Food Products
Opportunities
Growing Awareness about Nutritional Benefits of Natural Cheese and Increasing Demand from the Developing Economies
Challenges
Increasing Number of Local Manufacturers
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