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Global Mascarpone Cheese Market Expected to Grow at a Healthy Pace During 2021-2026, Driven by the Rising Demand from the Food Industry

According to a new report by EMR titled, 'Global Mascarpone Cheese Market Report and Forecast 2021-2026', the global market for mascarpone cheese is being supported by the growth of the cheese market, which is expected to grow at a CAGR of 7.8% in the forecast period of 2021-2026 to reach USD 118 billion by 2026.

Mascarpone cheese, on the basis of nutritional content, has an elevated high-fat content, around 60%-80%. The fat consistency in mascarpone cheese differs from manufacturer to manufacturer. The product is sometimes sold as soft cream and other times as hard butter. Mascarpone cheese has a creamy, buttery, and milky smooth texture, due to which it is extensively used in sweet and savoury dishes. The rising demand for the product from the food industry is expected to accelerate the market demand for mascarpone cheese. At present, the demand for mascarpone cheese is rising within the Asia Pacific countries, particularly in China, Japan, and Australia.

The market for mascarpone cheese is being led by the industry key players, like Newlat Food S.p.A. and Vermont Creamery, LLC. In June 2020, Vermont Creamery announced its debut of the new packaging for its eight oz. cupped products, such as Crème fraîche, Mascarpone, Fromage Blanc, and Quark. The company had launched a new brand design and worked to reflect the new change in its packaging for specialty cow’s cream products, including creme fraiche and mascarpone. The inventive packaging is expected to aid the market growth as consumers are inclined to purchase products in new and attractive packaging. Mascarpone cheese is available on e-commerce sites like Amazon.com, Inc. (NASDAQ: AMZN), which is likely to boost the sales in the market.

Market Analysis by Flavour, Distribution Channel, and Region:

  • The mascarpone cheese industry, on the basis of flavour, is divided into unflavoured and flavoured.
  • Based on distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, specialty store, online, and others.
  • Regionally, the market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for mascarpone cheese is being driven by the growing demand for the product for household consumption and for industrial use. 
  • The rising demand for the mascarpone cheese for its diverse applications in the food industry as an alternative to cream, in sauces, desserts, ready-to-cook dishes, and soups, among others, is facilitating the market growth of mascarpone cheese.
  • In addition, mascarpone cheese is used as a thickening and binding agent in several food recipes. Thus, aiding the market growth of the product. 
  • Mascarpone cheese has sweet and savoury applications, functional properties, and higher shelf life. These are enhancing the demand for the product, and consequently the market.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for mascarpone cheese for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the flavours, distribution channels, and major regions of mascarpone cheese. 
  • It gives an in-depth look at the regional price trends in the global market for mascarpone cheese.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

Vermont Creamery, LLC, Newlat Food S.p.A., Granarolo S.p.A., BelGioioso Cheese Inc., and Compsey Creamery, among others, are the key players in the global mascarpone cheese market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.

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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.

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