The global processed cheese market was valued at US$ 32,657.7 Mn in 2016 and is projected to maintain a steady growth rate and register a CAGR of 2.9% from 2017 to 2022.
The global processed cheese market report, offers in-depth insights, revenue details, and other vital information regarding the global processed cheese market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2022. The report also offers insightful and detailed information regarding the various key players operating in the global processed cheese market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global processed cheese market is segmented on the basis of product type, application, and region. The global processed cheese market was valued at US$ 32,657.7 Mn in 2016 and is projected to maintain a steady growth rate and register a CAGR of 2.9% from 2017 to 2022.
North America dominates the global processed cheese market and accounts for XX% revenue share. The market in Europe is expected to witness highest growth and account for a CAGR of XX% during the forecast period. This growth is attributed to rising demand from catering and retail industry. Asia Pacific market is expected to witness significant growth in terms of revenue generation. The market in the Middle east and Africa accounted for the revenue of US$ XX million in 2016 and is projected to be valued at US$ XX million in 2022, owing to increase in consumption of processed cheese. The types covered in the report of cheese are Spreadable processed cheese and Un spreadable processed cheese.
Companies profiled in the report are SAVENCIA SA, Bright Food Global, Fonterra Foodservice, The Kraft Heinz Company, Arla Foods amba, Uhrenholt A/S, PT. Mulia Boga Raya (PROCHIZ), Devondale Murray Goulburn, PT Diamond Cold Storage Indonesia, Fromageries Bel SA, Groupe Lactalis S.A., Alba Cheese Manufacturing Pty Ltd., Koninklijke ERU Kaasfabriek BV, LAÏTA.