According to the recent study conducted by Future Market Insights (IMF), the global organic cheese market will reach a CAGR of 14 between 2017 and 2022. Global consumption of organic cheese is expected to increase in the near future due to its various health benefits. . . The product is considered a rich source of protein and can help build strong bones and gain weight. As cheese brands launch new flavors, the product is becoming more and more common among consumers. Companies develop innovative flavors by combining various ingredients, which further popularize cheese products. There is a wide range of organic cheese textures and flavors available on the market, allowing the consumer to choose from wider options. The factor as such is expected to drive the growth of the global organic cheese market during the forecast period.
In recent years, the product has become popular with a larger population base and therefore has seen faster adoption. In addition, the growing demand for organic cheese in countries like Brazil, China and India is expected to support the market growth in the years to come. At the same time, the arrival of new cheese products which also offer high nutrition is likely to play an important role in shaping the market dynamics during the forecast period. While a majority of cheese factories use buffalo milk for the preparation of organic cheeses, others opt for cow’s or goat’s milk. In addition, the quality of organic cheese may vary depending on the preparation process. Cheese is a popular product and is consumed frequently in some parts of the world. This, in turn, is expected to influence sales of organic cheese in these regions. In addition, companies that make cheese are actively focusing on increasing the production capacity of organic cheese.
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Key information in the report includes:
- The European market will maintain its leading position during the evaluation period. The region has a high consumption as well as organic cheese production. This is mainly attributed to factors such as the high popularity of organic cheese in Europe. Consumption of organic cheese is expected to increase further in the region during the evaluation period.
- Europe is expected to spearhead the global organic cheese market between 2017 and 2022. Furthermore, the region’s market is expected to experience a CAGR of 13.5% during the projection period.
- On the basis of product type, consumption of cheddar cheese is expected to remain relatively high during 2022. Global sales of cheddar cheese currently account for over 55% of market revenue. By the end of the forecast period, cheddar cheese worth over US $ 1,400 million is expected to be consumed globally.
- A significant amount of organic cheese is currently sold in specialty stores. During the forecast period, specialty stores are expected to remain an important distribution channel for organic cheese. It is estimated that more than $ 790 million worth of organic cheese will be sold in specialty stores by the end of 2022.
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The major market players are trying to increase their presence in the market by launching distinct and innovative organic cheese products. Eden Foods Inc., Unilever NV, The Kroger Co., Organic Valley Cropp Cooperative, Aurora Organic Dairy Corp., Danone, The WhiteWave Foods Co, Groupe Lactalis SA and Whole Foods Market, Inc. are some of the major companies operating in the global organic cheese market.
About the Food Market Division of IMF
Expert analysis, actionable insights and strategic recommendations – the Food & Drinks team at Future Market Insights helps customers around the world meet their unique business intelligence needs. With a repository of over 1,000 reports and over 1 million data points, the team has lucidly analyzed the food industry in over 50 countries for over a decade. The team provides end-to-end research and consulting services; reach out to find out how we can help.