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SOURCE Research and Markets
DUBLIN, May 14, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/z8zkp2/global_cheese) has announced the addition of the "Global Cheese Market - Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019" report to their offering.
Cheese is one of the most common dairy products consumed globally. It is consumed either as processed cheese or unprocessed (natural) cheese or as both. The cheese market has seen diversified trends across different geographies such as North America, Europe, Asia Pacific and Rest of the World. The global cheese market is expected to witness rapid changes due to fast changing eating patterns across all the geographies.
Globally, the cheese market is expected to grow significantly, mainly due to growing demand from emerging markets such as India, China, and Brazil among others. The growth in consumption of cheese is attributed to the increase in the number of fast food chains in Asia Pacific and in some parts of Europe. The leading markets of Europe such as Germany among others are heading to maturity; however the emerging markets in Europe such as Ukraine, Bulgaria and Greece among others are expected to witness growth in demand for cheese. Preference for healthy food is another key factor that drives the demand for cheese globally.
The rise in consumption of cheese is supported by increasing food budget and growing urbanization in emerging markets in Asia Pacific such as India and China among others. Moreover the growing preference for fast food that includes cheese as an important ingredient is expected to drive the market for the next six years.
The demand for processed cheese is expected to grow in the markets such as India and China among others due to increase in the number of fast food restaurants. Major developed markets such as the U.S., Canada, Germany and the UK are expected to witness the rising demand for natural or unprocessed cheese over the next six years. Cheese is available in almost all the distribution channels such as supermarkets/hypermarkets, department store and convenience stores among others. However, improving lifestyles in emerging countries in developed countries are expected to support the growth of supermarkets and hypermarket in the next six years.
The global cheese market was worth USD 79.57 billion in 2012 and it is expected to reach USD 105.13 billion in 2019. The cheese market globally is expected to grow at a CAGR of 4.4%from 2013 to 2019. The growth in the market is mainly attributed to growing demand for unprocessed or natural cheese in developed markets such as the US, Canada, Germany and the UK among others and for processed cheese in markets such as India and China among others.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Cheese Market - By Product, 2013- 2019
Chapter 5 Cheese Market - Regional Analysis , 2013- 2019
Chapter 6 Company Profiles
For more information visit http://www.researchandmarkets.com/research/z8zkp2/global_cheese
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