Global Cheese Wrap Market Overview
Cheese wraps can be a healthy dietary choice, as keto dietary, gluten and lactose free wraps are available in the market. As cheese provide a delicious source of protein, and they also support calcium, vitamin B12, and healthy gut bacteria. Eating cheese regularly can be linked to increased longevity. These cheese wraps are made up of different cheese like cheddar, parmesan, jarlsberg and others. Wraps are free from gluten and lactose which is the driving factor for this market. The global cheese wrap market accounted for US$ 8.7 million in 2020 and is estimated to be US$ 19.7 million by 2030 and is anticipated to register a CAGR of 8.7%.
Global Cheese Wrap Market Drivers & Restraints
Cheese wrap a source for protein
Cheese is the main source of calcium, fat and protein. Many dieticians prescribe cheese as a source of protein in their diet chart which drives the market of cheese wrap. Moreover, these cheese wraps are Keto & Atkins friendly boosting the marketing of cheese wrap.
Cheese wraps are gluten free and lactose free
Furthermore, these wraps are gluten free and lactose free making the product low in carb and high in protein and fat, with 13g of protein and only 1g of carbs, which also boosts the market of cheese wrap.
Lack of awareness and unavailability of product
Lack of awareness among the population is the major restrain of this market. As this product is launched by only two companies, so product unavailability is the main disadvantage for the market prevailing in developing and under developed countries.
Due to Government regulations
Certain factors affecting the market growth are the presence of government regulations in different countries for lowering the sodium content of food products. This might hamper the market.
Global Cheese Wrap Market Segmentations & Regional Insights
The global cheese wrap market is segmented based on source, cheese type, distribution channel and region.
On the basis of product, the global cheese wrap market is segmented into buffalo milk, goat milk and others. Based on cheese type, the target market is segmented into cheddar, parmesan, jarlsberg and others. On the basis of distribution channel, the target market is segmented into supermarkets & hypermarkets, specialty store, online stores and others.
Regional Insights:
On region the global cheese wrap market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe and North America are dominating this market till now due to availability of the product but Middle East and Africa has untapped opportunities to excel in the market. India is the second largest producer of milk, thus having a greater potential to come forth with this market in the upcoming period, as raw material cost (cheese) can be lowered comparing with others.
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2029 |
Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
Market Segmentation |
By Source- Buffalo milk, Goat milk and Others. By Cheese Type- Cheddar, Parmesan, Jarlsberg and Others. By Distribution Channel- Supermarkets & Hypermarkets, Specialty stores, Online stores and Others. |
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 cheese wrap market report based on source, cheese type, distribution channel and region.
Global Cheese Wrap 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
- Middle East & Africa
Global Cheese Wrap Market Competitive Landscape & Key Players
The key players operating in the global cheese wrap market includes Crystal farms dairy co. and Folio. Folio is a part of lotito food family aiming to provide gluten free and lactose free cheese wrap in the market. On 14th April, 2020 Crystal farms dairy co. also launched cheese wrap in the market.
Global Cheese Wrap Market Company Profile
- Crystal farms dairy co.
- Folios
FAQs
The global cheese wrap market is segmented based on source, cheese type, distribution channel and region.
Gluten free and lactose free wrap are the major factor driving growth of the global market
Currently, Europe and North America are dominating this market, due to availability of the product.