The cream cheese market is rated onUSD 17.66 billion in 2021and expected to achieve$26.5 billion by 2028immediatelyCAGR is 5.97%during the forecast period.
The changing food habits, increasing fast food chains and overconsumption of hamburgers, pizza and easy availability of raw materials such as milk are some of the factors driving the growth of the Cream Cheese market.
Cream cheese is a soft, white, smooth, unripened, spreadable cheese made from sweet milk and sometimes cream. It is made from a combination of cream and milk, the cheese has a high fat content. It is fortified by the use of lactic acid and should therefore be consumed fresh. Cream cheese contains small amounts of carotenoid antioxidants, including lutein and zeaxanthin, which are especially important for eye health. Cream cheeses made the traditional way tend to be more crumbly than spreadable, while cheeses with stabilizers such as guar gum are firmer. The taste, texture and production are similar to Boursin and Mascarpone. It is suitable for vegetarians as it uses acid such as citric acid to coagulate the milk. In the US, cream cheese must contain a minimum of 33% fat, while in the UK it must be a minimum of 45-65% fat. Anything above that is considered double or triple cream cheese. In German it is also called Doppelrhamstufel, which means cheese made with cream. The cheese has a mild milky aroma and a slightly salty taste.
The global Cream Cheese market report is segmented on the basis of type and application. Based on type, cream cheese is divided into natural cheese and processed cheese. Based on the application, cream cheese is classified into bakeries, hotels, catering and others.
The regions covered in this global cream cheese market report are North America, Europe, Asia Pacific, and Rest of the World. On the basis of country level, the cream cheese market is segmented into US, Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, Southeast Asia, GCC, Africa etc.
Businesses:
The global cream cheese market report includes prominent players such as:
- Fonterra boos
- Arla
- Cream of creams
- Galbani
- Tatura
- Power food
- Biological valley
- André
Segmentation:
By type:
- Chess, of course
- Processed chess set
By applications:
- Bakery
- Hotels
- catering industry
- André
Through regional and country analysis
North America
- Operating system.
- Canada
Europa
- Germany
- France
- United Kingdom
- Italy
- Spain
- Sweden
- Holland
- Turkey
- Switzerland
- Belgium
- The rest of Europe
Asia-Pacific region
- South Korea
- Japan
- Depth
- If
- Australia
- Philippines
- Singapore
- Malaysia
- Thailand
- Indonesia
- Rest van APAC
Latin America
- Mexico
- Colombia
- Brazil
- Argentina
- Peru
- The rest of South America
Middle East and Africa
- Saudi Arabic
- FEET
- Egypt
- South Africa
- For the rest, they are mine
The growth of the cream cheese market is driven by factors such as changing eating habits, increasing fast food chains and overconsumption of burgers, pizza and easy availability of raw materials such as milk.
The growth of the cream cheese market is driven by factors such as changing eating habits, increasing fast food chains and overconsumption of burgers, pizza and easy availability of raw materials such as milk. There is also a change in the consumption of cream cheese and spreadable processed cheese. Most fast food products are now much cheaper than healthy, filling meals, which can make them even more attractive. The fast food industry is expected to increase the demand for cream cheese and subsequently increase the demand for its ingredients. According to fast food statistics, 80% of Americans visit a fast food restaurant at least once a month. 20% percentage of American adults who say they eat fast food at least once a week. The annual increase in cheese production depends not only on the availability of milk, but also on the production's ability to sell the cheese. Although cheese is widely used in fast food products such as pasta, pizzas, burgers, sandwiches, wraps, tacos, cakes, garlic bread, etc. with the growing workforce and their changing food patterns, the rapidfood industryis experiencing healthy growth, increasing the demand for cheese. According to Pizza Consumption Trends & Industry Statistics, nearly 15% of Americans eat pizza on a typical day in the United States. On average, 1 in 4 boys between the ages of 6 and 19 eat pizza. The American state with the highest percentage of pizza restaurants is Pennsylvania. It has the highest concentration of pizza restaurants, 3.63 per capita. 10,000 people, and Hawaii has the lowest rate, 1.18 per 10,000 people. The increase in cases of lactose intolerance among consumers is one of the biggest barriers in the market. Innovative marketing activities, technological modernization andresearchand developments in cheese production have opened up new growth opportunities in the cream cheese industry.
North America dominates the cream cheese market
North America is expected to drive the growth of the cream cheese market due to the increase in urban population, increase in disposable income, and growing consumer attraction towards nutritional products. The demand for cream cheese is associated with higher income and a change due to urbanization and changes in food consumption. According to the World Bank's Compilation of Development Indicators, compiled from officially recognized sources, urban population growth in the United States in 2018 was 0.76334%. Europe has the second largest region for the growth of this market due to the rapid expansion of fast food restaurants. Number of fast food restaurants in the United Kingdom (UK) in 2018. Cream cheese consumption is increasing in Asia Pacific due to increasing demand for cheese from fast-growing fast food restaurant chains in countries such as India and China.
Report analysis | details |
---|---|
Historicalfacts | 2015 - 2020 |
Forecast period | 2021 - 2028 |
Market sizeme 2021: | USD 17.66 billion |
The base year is taken into account | 2020 |
Prognoseperiode CAGR %: | 5,97% |
Expected market size in 2028: | $26.5 billion |
Tables, diagrams and figures: | 175 |
kant | 200 |
Manufacturers of acrylonitrile butadiene styrene | Fonterra Food, Arla, Cream of Creams, Galbani, Tatura, Kraft Foods, Organic Valley, Andre |
Covered segments | By type,On request |
Regional analysis | North America, US, Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, Middle East & Africa, GCC, Africa, Rest of the Middle East and Africa |