Global Natural Cheese Market Overview
Cheese is prepared by processing curd and ripening it to give it a particular texture, aroma, and flavor. Cheese is a significant source of protein, calcium, sodium, phosphorus, as well as saturated fat. Cheese has overwhelming popularity due to a vast application of the same in the preparation of various food products. Natural cheese is usually prepared by using natural ingredients such as milk, enzymes, salt, and other natural flavors. The global natural cheese market is assessed to witness fast-paced growth during the forecast period of 2017-2023.
The recent report on natural cheese market by Market Research Future (MRFR) has studied various factors causative of such ascension in the global market. Availability of several varieties of cheese in the market is grabbing the attention of cheese enthusiasts and other consumers worldwide, posing as a major driver of the global natural cheese market. For instance, Wisconsin in the US offers more than 600 types of cheese, making the US one of the biggest markets for natural cheese.
Furthermore, the growing popularity of ready-to-eat food is pushing the global natural cheese market, as it can be used as a prominent ingredient in many food products. Different types of cheese have different applications in the food sector, which is consumed across the globe. Such proliferation in application and consumption of natural cheese is expected to push sizeable growth in the global natural cheese market. All the above-mentioned factors are expected to lead a 5.08% CAGR in the global natural cheese market.
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Market Segmentation
The research report has studied the natural cheese market for different types of cheese. These types include cheddar, mozzarella, blue, and parmesan, among others. Cheddar cheese is expected to be consumed the most during the forecast period. Consumption of cheddar cheese is anticipated to expand at 4.59% CAGR through the assessment period.
Natural cheese has a wide range of applications in the food & beverages industry. Such applications, as studied in the global natural cheese market report, include sweet & savory snacks, sauces, bakery & confectionary, dips & condiments, dressings, and ready-to-eat meals. The demand for ready meals is likely to mushroom at the highest rate owing to a larger inclination towards consumption of convenience foods and easy-to-cook meals and changing lifestyle habits.
Detailed Regional Analysis
The global natural cheese market is studied for the regional segments of Asia Pacific, Rest of the World, Europe, and North America. Among these, Europe dominated the global natural cheese market at the beginning of the forecast period. The region is also anticipated to retain its dominance over the natural cheese market in the foreseeable future. This can be attributed to a large number of cheese enthusiasts residing in France and Italy.
Further, a large scale application of cheese in European cuisines is pushing substantial growth to the natural cheese market over the assessment period. Awareness towards the health benefits of natural cheese has led to higher preference for natural cheese over synthetic cheese, propelling growth in the market. Europe’s natural cheese market is expected to reach a valuation of USD 43.26 billion by the end of 2023. Asia Pacific is expected to witness a steady CAGR at a moderate pace.
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Key Players
The global natural cheese market is witnessing heavy influence owing to the strategic steps undertaken by various market giants. These noteworthy players in the natural cheese market include Associated Milk Producers Inc. (U.S.), Almarai Company (U.S.), Arla Foods (Denmark), Fonterra Co-operative Group Limited (New Zealand), Koninklijke FrieslandCampina N.V (the Netherlands), The Kraft Heinz Co. (U.S.), Lactosan A S (Denmark).
Industry Update
July 2019: Sargento, a Wisconsin-based family-owned cheese company, recently introduced a sweet & savory breakfast version of its Balanced Breaks snacks. The Sunrise Balanced Breaks offers a unique blend of ingredients with mild cheese and dried fruits and nuts.
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Market HighlightsThe demand for organic snacks is increasing rapidly all over the world due to the growing inclination of health-conscious consumers for products produced through organic farming and those free from artificial ingredients and additives.
These trends are encouraging key players to include organic snacks in their product portfolios, thereby positively impacting the growth of the global organic snacks market during the forecast period.Based on product type, the global organic snacks market has been segmented into cookies and crackers, dried fruits, puffs and chips, energy bars, meat snacks, and others.
The energy bars segment is expected to be the fastest-growing market during the forecast period owing to increasing health consciousness and the rising demand for energy and nutritional supplements.
The ingredients used in organic energy bars are grown in organic farms without the use of chemical pesticides and genetically modified organisms.
The pouches segment is expected to dominate the global organic snacks market during the assessment period since pouches are cost-effective, easy to carry, and the inner lining help in prolonging shelf life.
The cartons segment is projected to record the highest CAGR since cartons help in maintaining the brittle shapes and structures of snacks, thereby, minimizing the risk of breakage.The global market for organic snacks has also been classified, by distribution channel, into store-based and non-store based.
Global Peanuts Market – OverviewThe Peanuts market is gaining popularity among various industries owing to its increasing application.
Market Research Future, a firm which specializes in market reports related to the Food and Beverage sector among others, recently forecasted in its report on Global Peanuts Market Research Report- Forecast to 2023 that the market will demonstrate a remarkable growth during the forecast period.Peanuts are enhanced with numerous nutritional benefits such as Vitamin E, Vitamin B2, essential minerals, and others.
They are also high in antioxidants which adds to the health benefits obtained from peanuts, thereby fuelling the demand Roasted Peanuts Market.
Apart from satisfying hunger pangs, consumption of peanuts also makes the skin smooth, supple and younger looking which is adding fuel to the growth of peanut consumption.
The acquisition of the Squirrel Brand business provides the company with an established customer base and branded product line which will help in business expansion.Sept 2017 KP Nuts launched new “on the go”.
The product is available in attractive new packaging in four flavors; Fruit and Nut Energy Mix, Orange Nut Fudge Energy Mix, classic flavors Dry Roasted, and Original Salted.
Market forecast:Global Dried Fruits Market is estimated to be valued at USD 9,081.70 Million by 2026, registering a CAGR of 4.41% during the forecast period.
Growing health concerns and the shifting lifestyle of the consumers are the significant factors responsible for the growth of functional beverages, both in developed and developing economies.
Furthermore, dried fruits find application in various industries, including bakery and confectionery, dairy and frozen desserts, beverages, sweet and savory snacks, and breakfast cereals, with bakery and confectionery being the largest application industry.The Rest of the World was the largest market for dried fruits in 2019, and the region is expected to continue the dominate the global dried fruits market during the review period.
Furthermore, the dominance of some of the key industries, such as beverages, bakery, confectionery, and sweet and savory snacks, is further anticipated to proliferate the market growth of the Rest of the World during the review period.Key Players of Dried Fruits MarketMarket Research Future recognizes National Raisin Company (US), Kiantama Oy (Finland), Red River Foods Incorporated (US), Tarina Foods (US), Sunbeam Foods Pty Ltd (Australia), Dole Food Company Inc (US), Sun-Maid Growers of California (US), Lion Raisins Inc (US), Paradise Fruits (Germany), and Bergin Fruit and Nut Company Inc. (US) as the Key Players in the Global Dried Fruits Market.The global dried fruits market is expected to register a notable growth rate during the forecast period.
Furthermore, the growing application of dried fruits in various industries is supporting the growth of the global dried fruits market.
However, the organic segment is projected to be the fastest-growing segment during the forecast period.Based on application, the market has been segmented into bakery and confectionery, dairy and frozen desserts, breakfast cereals, beverages, sweet and savory snacks, and others.
Market HighlightsGlobal Dried Fruits Market is estimated to be valued at USD 9,081.70 Million by 2026, registering a CAGR of 4.41% during the forecast period.
Growing health concerns and shifting lifestyle of the consumers are the significant factors responsible for the growth of functional beverages, both in developed and developing economies.
Furthermore, dried fruits find application in various industries, including bakery and confectionery, dairy and frozen desserts, beverages, sweet and savory snacks, and breakfast cereals, with bakery and confectionery being the largest application industry.The Rest of the World was the largest market for dried fruits in 2019, and the region is expected to continue the dominate the global dried fruits market during the review period.
Increasing demand for clean label products is creating profitable opportunities for the manufacturers.
However, agro-climatic conditions are expected to hinder the growth of the global dried fruits market.Key PlayersMarket Research Future recognizes National Raisin Company (US), Kiantama Oy (Finland), Red River Foods Incorporated (US), Traina Foods (US), Sunbeam Foods Pty Ltd (Australia), Dole Food Company Inc (US), Sun-Maid Growers of California (US), Lion Raisins Inc (US), Paradise Fruits (Germany), and Bergin Fruit and Nut Company Inc. (US) as the Key Players in the Global Dried Fruits Market.Segmental AnalysisGlobal Dried Fruits Market has been segmented on the basis of Type, Category, Application, and Region.By type, the market has been divided into apricots, figs, dates, raisins, berries, and others.
However, the organic segment is projected to be the fastest-growing segment during the forecast period.Based on application, the market has been segmented into bakery and confectionery, dairy and frozen desserts, breakfast cereals, beverages, sweet and savory snacks, and others.
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The global Dried Fruits Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2021-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.This research report also includes profiles of major companies operating in the global market.
Some of the prominent players operating in the global dried fruits market are Bergin Fruit & Nut Co., Inc., Dole Food Company, Inc., Jiangsu Palarich Food Co., Ltd., Kiantama Oy, Lion Raisins, Inc., N. POLYCHRONIADIS & SIA O.E., Red River Foods Inc., Sunbeam Foods, Sun-Maid Growers of California, Inc., and Traina Foods, Inc.
This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.Get more information on "Global Dried Fruits Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/dried-fruits-market/download-sampleMarket DynamicsThe increasing demand for dried fruits among consumers owing to their high nutritional benefits is primarily escalating the market growth.
Moreover, growing demand from food & beverages industry as dried fruits are increasingly used as a seasoning and flavoring agent in bakery and dairy products is further fueling the market growth.
On the contrary, loss of a certain amount of nutrients during the dehydration process could challenge the market growth.The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity.
