Cheese is an old dairy delicacy prepared from the milk of goat, cow, and sheep containing high amount of minerals, protein, vitamins and calcium in it. Over the years, consumption of cheese has increased rapidly leading to the art of cheese making into a profitable business. The global cheese production is strong and the pace for exports is even stronger in the market.
The growth in the market is primarily driven by rising income level, increased consumption of dairy products and adoption of western style food in Asian economies. But in future, product diversification and innovation are expected to be the most prominent strategies for the suppliers and manufacturers of cheese. The rising demand for dairy products which will meet the requirement of the consumer nutritional and dietary pattern is expected to robust the demand for healthier and innovative cheese products.
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The North America and Europe are the market leaders of the global cheese market by consumption as well as by production also. Economies such as Japan, Russia, and the U.S. are the major importers of cheese. But, as these developed markets are reaching saturation, there is shift in trend towards emerging economies. Growth is expected to be robust in the markets of Asia Pacific, Latin America, and Africa.
Some of the players in this market are Arla Foods, Crystal Farms Cabot Creamery Cooperative, Inc., Dairy Crest Group, Plc, Danone, Kraft Foods, Inc, Leprino Foods Company, Inc North Downs Dairy Co, Tillamook County Creamery Association, Specialty Cheese Co, Inc. and Valio Ltd.
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