Global Low-fat Cheese Market: Overview
The demand for low-fat cheese has seen a significant rise over the last few years due to the fact that it is low in sodium content and comprises less saturated fat. Consumers across the world face difficulties in devoting time to rigorous exercise due to changing lifestyles. As a result of this, they are focusing on curtailing the intake of extra fat and calories in their diet. One of the primary factors driving the global low-fat cheese market is the high nutritional value of this cheese. As compared to normal cheese, low-fat cheese contains only 7% to 15% saturated fat, making it a potential choice for health-conscious consumers.
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The research report provides a comprehensive overview of the historical growth trajectory, the present situation, and future growth opportunities in the global low-fat cheese market. The study further delves into the dynamics that are likely to positively or negatively impact the growth of the market. It also highlights the key elements at play in the global low-fat cheese market. The report presents a clear picture of the competitive landscape of the market by utilizing Porter’s five forces analysis. It also evaluates the strategies, product portfolio, and shares of the companies operating in the market and provides information regarding the degree of barriers to entry and exit.
Global Low-fat Cheese Market: Trends and Opportunities
Low-fat cheese is known for reducing the amount of low density lipoprotein cholesterol, which is the reason behind the rising risks of cardiovascular diseases. To meet the demand of health-conscious consumers who do not want to compromise with taste, manufacturers are now focusing on the production of low-fat cheese in varieties such as provolone, mozzarella, and cheddar. As a result of this, the applications of low-fat cheese has also increased in salads, hotdogs, sandwiches, and pizzas.
The growth of the global low-fat cheese market can be further attributed to the rising concerns of obesity among children. The shift in food preference and cross-culture dietary habits has increased the popularity of cheese, thus boosting the demand for low-fat cheese as well. Additionally, the rising demand for fast food and innovation in cheese varieties are likely to bode well for the market. However, the taste of low-fat cheese is likely to act as a barrier to the growth of the market. The taste of low-fat cheese significantly differs after the excess sodium and fat is removed from it.
Global Low-fat Cheese Market: Regional Outlook
The global low-fat cheese market has been segmented into North America, Asia Pacific, Europe, and the Rest of the World on the basis of geography. Among these, North America emerged as the dominant segment owing to the high consumption of fast food in the region. It is expected that Europe, Asia Pacific, and the Rest of the World will witness strong growth over the forecast period.
Companies Mentioned in the Report
To meet the demand for low-fat cheese without compromising on the taste, leading cheese manufacturers are focusing on product development according to consumer taste and preferences. Some of the leading players operating in the global low-fat cheese market are Arla Foods, Bongrain S.A., Fromageries Bel S.A., Kraft Foods Group Inc., and Lactalis Group.
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