As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global cheese market is primarily being supported by the ever-growing food industry, which is witnessing a healthy growth because of the rapid urbanisation and increasing disposable income around the world. Fast food chains are among the world's largest customers of cheese. The fast food industry's rapid growth is projected to contribute to higher consumption of cheese in the coming years.
The cheese market growth has also been supported by the introduction of healthier cheese option by the key players in the industry. In June 2016, Nestlé (OTCMKTS: NSRGY), one of the key players, supported the guidelines issued by the United States FDA on sodium reduction. As the consumption of cheese has been on the rise due to the increasing demand for fast food, its impact on health also needs to be considered. Nestle took this challenge to create cheese that would be healthier but would not compromise on taste. This initiative has positively impacted the global cheese market in the historical period of 2015-2019. As the demand for the product is witnessing a healthy growth, a wide variety of the product is becoming available on different distribution channels, including e-retail channels like Amazon (NASDAQ: AMZN) and supermarkets like Walmart Inc (NYSE: WMT). The industry is likely to grow further in the coming years due to the increased consumption of cheese boosted by innovative recipes and globalisation of cuisines.
Market Analysis by Source, Type, Product, Format, Distribution Channel, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global cheese market are Nestle SA, Danone S.A., Lactalis Group, Fonterra Co-operative Group Limited, Royal FrieslandCampina N.V., Unilever PLC, Meiji Co., Ltd, Arla Foods Amba, and Gujarat Cooperative Milk Marketing Federation Ltd (Amul), among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.