The Global Cheddar Cheese Market size is projected to reach USD 7.74 Billion by 2028, with a CAGR of 3.5% during the forecast period (2021-2028). The demand for cheddar cheese has been increasing due to its high-quality taste and flavor. Additionally, the rising trend of eating out at restaurants is also contributing to the growth in this market.
Cheddar Cheese is a type of cheese that originated in the English county of Gloucester. The process involves coagulating milk, adding rennet, and either breaking or pressing curds to form into individual blocks. Cheddaring refers to a style of cheesemaking where the whey is drained off and replaced with fresh whole milk prior to aging for up to one year. This produces a sharper tasting cheddar due as opposed to if it was just aged for six months. It has been made for over 300 years but became an American favorite during World War II when imports were limited by rationing due to its popularity among Allied troops stationed abroad on army bases which stocked their rations with this versatile food item.
Cheddar cheese is used in various dishes and recipes. As a result, it has numerous culinary uses. It can be eaten alone as a snack or side dish with crackers or bread such as pretzels, baguette chips, carrot sticks, or celery stalks. Cheddar cheeses are often melted onto sandwiches to add flavor and texture like on grilled ham-and-cheese sandwiches which were traditionally served at home during the Great Depression era for economic reasons when meat was scarce but not yet rationed by government agencies trying to conserve supplies of foodstuffs while World War II was raging abroad. They also make meltable options like gooey macaroni and cheese where they're mixed into cooked noodles before baking.
On the basis of Type, the market is segmented into Block (a solid block), Crumbled (the smallest pieces possible), Slice (sliced as thin slivers), and Spreadable (processed to spread). The difference in these styles reflects how they're typically eaten – sliced at a meal time with crusty bread or crumbled during snacking. Block Cheese is growing at a faster rate than other types and the Crumbled type has the highest market share as it is preferred in some regions.
Block Cheddar cheese is one of the most popular types of cheddar. It's a hard, orange-yellow cheese that comes in blocks or wheels. It is used to make a variety of dishes, such as quesadillas, macaroni, and cheese, or grilled cheese. It's also often served with fruits and vegetables on the side for dipping purposes. Block cheddar cheese can be found in most supermarkets at an affordable price point.
Crumpled Cheddar Cheese is a type of cheese that has been finely crumbled into the smallest pieces. It can be used as a snack or in salads.
Slice Cheddar is a type of cheese that has been cut into thin slices. It can be used in sandwiches, baked dishes, and toppings on pizza or pasta.
Spread Cheddar Cheese is a type of cheese that has been processed and shaped into slices for slicing. It can be used as toppings on bread, toast, crackers, or salads.
On the basis of Application, the market is segmented into Supermarket, Hypermarket, E-commerce, and Retailers. Supermarkets dominate the global cheddar cheese market with their favorable prices; Hypermarkets are expected to grow steadily over the next few years owing to their higher price points compared to supermarkets. The retail outlet's segment will be driven by investments from small retailers.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market in the US is expected to grow at a slower pace owing to the presence of many large dairy companies that produce cheese with similar pricing strategies as well as due to competition from imported products that are cheaper than domestically-produced items. The Asia Pacific market is expected to grow at a significant pace owing to the growing number of hypermarkets and supermarkets, as well as an increase in disposable incomes among consumers.
In Europe, some countries such as Germany has more stringent regulations for dairy products; these have led cheddar cheese companies to focus on exports rather than domestic consumption. The market in Central & Eastern Europe is expected to be driven by supply chain modernization due to the increased demand from retailers for locally produced goods that are cheaper than imported items. Western European regions will also experience growth but it will mainly come from retail outlets with high pricing points which provide additional margins back into production costs like marketing campaigns or lower prices on other products sold within the store.
Up Market Research published a new report titled “Cheddar Cheese Market research report which is segmented by Types (Block, Crumbled, Slice, Spread), By Applications (Supermarket, Hypermarket, E-commerce, Retailers), By Players/Companies Amul, Britannia Industries, Kraft Foods, Sargento Food, Parag, Almarai, Bega Cheese, Nandini Cheese, Sargento, Burnett Dairy, Bongards, Tetrapak”.
Report Attributes | Report Details |
Report Title | Cheddar Cheese Market Research Report |
By Type | Block, Crumbled, Slice, Spread |
By Application | Supermarket, Hypermarket, E-commerce, Retailers |
By Companies | Amul, Britannia Industries, Kraft Foods, Sargento Food, Parag, Almarai, Bega Cheese, Nandini Cheese, Sargento, Burnett Dairy, Bongards, Tetrapak |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 212 |
Number of Tables & Figures | 149 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Block, Crumbled, Slice, Spread and By Application Supermarket, Hypermarket, E-commerce, Retailers.
Some of the companies that are profiled in this report are:
Cheddar Cheese Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Cheddar Cheese Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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