Cheese is a healthy and high protein food product usually made from the milk of cows, buffaloes, goats and sheep. It is formed by the coagulation of the milk protein casein and can be prepared in a wide range of flavours, textures and forms. Cheese contains a host of nutrients like calcium, protein, phosphorus, zinc, vitamin A and vitamin B12 which makes it a nutritional food for all the age groups. During 2014-2018, the global cheese market grew at a CAGR of around 2%. The market is currently being driven by a high demand for dairy products and growing demand from the fast food industry where cheese is a key ingredient. Other factors like changing lifestyles and food habits, growing urbanisation and increasing disposable incomes in emerging economies are also bolstering the growth of the global market for cheese. This report by Expert Market Research entitled “Cheese Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the cheese market.
Historical market trends for the cheese industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global cheese market into the following major regions– North America, South America, Europe, and Oceania. Europe currently represents the largest market. On the basis of product type, the global market for cheese has been segmented as Cheddar cheese, Mozzarella & Semi Soft cheese, Processed cheese, Cream & Soft cheese and Fresh & Natural cheese. Additionally, the report has analysed the market on the basis of various distribution channels. Based on the various distribution channels, wholesalers & supermarkets represents the biggest point of sales for cheese products.
The value chain analysis of cheese has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analyzing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the cheese industry has also been provided. Some of the key players in this market include Krafts Food, Fonterra Co-operative Group Ltd, Bongrain SA, Groupe Bel and Groupe Lactalis.
This report provides an exhaustive insight for setting-up and running a cheese manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the market trends for the global cheese market?
- Which are the biggest markets (regions) for cheese?
- What are the major types of cheese? Which are the most popular?
- Who are the key manufacturers in the cheese market?
- What are the land and construction requirements to start a cheese manufacturing plant?
- What are the machinery requirements to start a cheese manufacturing plant?
- How is cheese priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start a cheese manufacturing plant?
- What are the running costs of a cheese manufacturing plant?
- How much revenue can a cheese manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the cheese industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.