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on August 1, 2024
Anticipated Growth in Revenue:
The Mozzarella Cheese Market size was valued at US$ 37.87 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 5.72% through 2023 to 2029, reaching nearly US$ 55.91 Bn.
Mozzarella Cheese Market Overview:
The Mozzarella Cheese Market size was valued at US$ 37.87 billion in 2022 and is projected to reach nearly US$ 55.91 billion by 2029, growing at a CAGR of 5.72% through 2023 to 2029. Mozzarella cheese, known for its high calcium and protein content, is widely used in various foods. Its richness in vitamin B, potassium, and other nutrients makes it a popular choice for health-conscious consumers. Additionally, mozzarella cheese helps in cholesterol control, reduces blood pressure, and combats the adverse effects of salt intake, making it a staple in diabetic food products globally.
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Mozzarella Cheese Market Scope:
The report provides a comprehensive analysis of the global Mozzarella Cheese Market, including its current status, historical data, and future projections. The study covers market dynamics, segmentation, and regional insights, offering a detailed view of the market structure. Key players in the industry are analyzed to understand their strategies, financial performance, and market presence. The report aims to present a clear and concise overview of the Mozzarella Cheese Market to stakeholders, helping them make informed decisions.
Mozzarella Cheese Market Drivers:
The increasing consumption of mozzarella cheese by diabetic food manufacturers is a significant driver for market growth. Mozzarella cheese's high calcium content makes it a preferred choice for athletes and health-conscious individuals. The rise in demand for mozzarella cheese in foods such as pizza, burgers, sandwiches, and pasta is boosting market growth. Furthermore, mozzarella cheese's low-fat content and cardiovascular benefits appeal to health-conscious consumers. The introduction of new products, such as natural mozzarella cheese skewers and cheese snacks, also contributes to market expansion. However, government regulations on mozzarella cheese processing and safety standards may limit growth.
Mozzarella Cheese Market Segmentation:
by Product
Blocks
Cubes
Slice
Spread
by Distribution Channel
Wholesales/ Distributor/ Direct
Supermarket/Hypermarket
Convenience Store
Online Retailers
by Application
F&B Processing
HoReCa (Hotel, Restaurants, Cafes)
Household
Mozzarella Cheese Market Key Players: The key players are
1. Antonio Mozzarella Factory, Inc
2. Arla Foods amba
3. Bel Group
4. BelGioioso Cheese Inc
5. Boar's Head Provision Co., Inc.
6. EMMI Group
7. Fonterra Co-Operative Group Limited
8. Foremost Farms USA Co-operative, Inc.
9. Grande Cheese Company
10. Lactalis American Group, Inc.
11. Kraft Foods Group, Inc.
12. Leprino Foods Company
13. Perfect Italiano
14. Saputo Cheese USA Inc.
15. Trevisanalat S.p.a.
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Mozzarella Cheese Market Regional Analysis:
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North America: North America is projected to dominate the Mozzarella Cheese Market through 2029, holding the largest market share of 25% in 2020. Factors such as rising disposable income and rapid growth of domestic companies contribute to this dominance.
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Asia Pacific: This region is expected to grow at a significant CAGR during the forecast period. Factors driving growth include increasing food demand, a rising population, and changing consumer tastes. China is forecasted to grow at a CAGR of 8%, reaching USD 5.99 billion by 2029.
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Europe: The European market is anticipated to grow rapidly, with online retailers and supermarkets expected to gain significant revenue from mozzarella cheese sales. Increased mozzarella cheese intake to avoid arthritis and diabetes will likely boost market growth in this region.
COVID-19 Impact Analysis on Mozzarella Cheese Market:
The COVID-19 pandemic has affected the global Mozzarella Cheese Market in various ways. Disruptions in supply chains, changes in consumer behavior, and shifts in demand patterns have impacted market dynamics. The pandemic led to increased home cooking, boosting demand for mozzarella cheese as consumers sought comfort foods. However, closures of restaurants and foodservice establishments temporarily reduced demand from these segments. The market is now recovering as restrictions ease and foodservice operations resume, with an expected steady growth trajectory.
Key Questions Answered in the Mozzarella Cheese Market Report are:
- What will be the CAGR of the Mozzarella Cheese market during the forecast period?
- Which segment emerged as the leading segment in the Mozzarella Cheese market?
- Which are the prominent players in the Mozzarella Cheese market?
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