Processed Cheese Market, By Product Type (Slices, Blocks, Spreads, and Canned), By Application (Industrial Sector, Catering Sector, Retail Sector) By Distribution Channel (Supermarket, Convenience Store, and Food Specialists) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI26419 | Publish Date: July 2023 | No. of Pages: 168

Global Processed Cheese Market By Overview

Processed cheese market accounted for US$ 15.7 billion in 2020 and is estimated to be US$ 24.54 billion by 2030 and is anticipated to registered a CAGR of 4.6%.

Processed cheese is made up from cheese plus emulsifiers, extra salt, food coloring, and saturated vegetables oils. The processed cheese has wide range of application in different cuisine and commonly used in sandwiches and burgers. The processed cheese can be produced in huge quantity, which makes it more cost-effective as compared to the natural cheese, which also makes it easier for manufactures to produce and distribute processed cheese in less time.

The processed cheese is an integral ingredient in pizza, sandwiches, salads and burgers and due to high contain of protein, essential nutrients, and increased shelf-life has increased the demand of the processed cheese market.  Further, the processed cheese is also cost effective over the natural cheese. For instance, processed cheese includes American cheese and different cheese spreads, which are made by blending two or more varieties of cheese or blending portions of the same type of cheese that are in different stages of ripeness.

Global Processed Cheese Market By Drivers & Restraints

Rising initiatives by government bodies

The major driver of the processed cheese market is convenience, low cost, and has extended shelf life is expected to drive the processed cheese market. Further, the increasing in private companies is also expected to drive the processed cheese market. Moreover, increasing demand of processed cheese in developing countries is also expected to propel the global processed cheese market in the near future. Further, rising inclination towards westernization in terms of consumption trends, changing lifestyle is expected to boost the global processed cheese market. In addition, product innovation is also expected to create opportunities for the players in the processed cheese market.

However, rising demand for organic natural cheese over the processed cheese due to health issue. The Canada’s one largest hamburgers chain, A&W announced their decision to cut down the processed cheese from their restaurant. Additionally increasing number of populations suffering from lactose intolerance is also expected to hamper the growth of processed cheese market in the near future.

Global Processed Cheese Market By Segmentations & Regional Insights

Processed cheese market is segmented based on product type, application, distribution channel and region.

On the basis of product type, the global processed cheese market is segmented into slices, blocks, spreads, and canned. Further, on the basis of application, the target market is segmented into industrial sector, catering sector, and retail sector. On basis of distribution channel is segmented into supermarket, convenience store, and food specialists.

Regional Insights:

The global processed cheese market accounted for US$ 15.7 billion in 2020 and is estimated to be US$ 24.54 billion by 2030 and is anticipated to register a CAGR of 4.6%. On region the global processed cheese market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The processed cheese is been in the market for a long period of the time in the developed region such as North America, and Europe. The developing region such as Asia Pacific is showing lucrative growth in the global processed cheese market. The processed cheese is being used in various kind of food cuisine.

Processed Cheese Market Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Billion & CAGR from 2020 – 2030

Market Segmentation

By Product Type- Slices, Blocks, Spreads, and Canned

By ApplicationIndustrial Sector, Catering Sector, Retail Sector

By Distribution Channel– Supermarket, Convenience Store, and Food Specialists

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global processed cheese market report based on product type, application, distribution channel and region.

Processed Cheese Market, By Region:

  • North America
    • Middle East & Africa
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
    • Europe
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
    • U.S.
    • Canada

Global Processed Cheese Market By Competitive Landscape & Key Players

The key players operating in the processed cheese market includes SAVENCIA SA, Bright Food Global, The Kraft Heinz Company, Fonterra Foodservice, Arla Foods amba, Uhrenholt A/S, PT. Mulia Boga Raya (PROCHIZ), LAÏTA, Alba Cheese Manufacturing Pty Ltd., Devondale Murray Goulburn, Fromageries Bel SA, Koninklijke ERU Kaasfabriek BV, and Groupe Lactalis S.A.

Arla Foods Amba:

Arla Cheesy is a Danish brand for yoghurt, cheese, cottage cheese and fermented cooking products. The brand has particular appeal for consumers looking for a convenient and healthy alternative to ordinary dairy products.

Global Processed Cheese Market By Company Profile

  • SAVENICIA SA
  • Bright Food Global
  • Kraft Heinz Company
  • Fonterra Foodservice
  • Arla Foods amba
  • Uhrenholt A/S,
  • PT. Mulia Boga Raya (PROCHIZ)
  • LAÏTA
  • Alba Cheese Manufacturing PVT Ltd.
  • Devondale Murray Goulburn
  • Fromageries Bel SA
  • Koninklijke ERU Kaasfabriek BV
  • Groupe Lactalis S.A.

FAQs

Processed Cheese Market is segmented into product type, by application, by distribution channel and region.

Processed cheese market is expected to register lucrative growth over the forecast period. This is attributed to increasing importance of cheese as an ingredient for fast foods such as sandwich, burger, hotdog, and pizza.

By region, Asia Pacific processed cheese market is expected to show highest CAGR growth over the forecast period.

The Key players operating in the Processed Cheese Market include SAVENCIA SA, Bright Food Global, The Kraft Heinz Company, Fonterra Foodservice, Arla Foods amba, Uhrenholt A/S, PT. Mulia Boga Raya (PROCHIZ), LAÏTA, Alba Cheese Manufacturing Pty Ltd., Devondale Murray Goulburn, Fromageries Bel SA, Koninklijke ERU Kaasfabriek BV, and Groupe Lactalis S.A.