- Press Release -

Rockville, Md. The global processed cheese market is set to exceed US$ 17 Bn by 2022 on sluggish growth, according to Fact.MR, as a shift toward healthy, organic food tempers consumption among health-conscious and younger buyers. What keeps the market moving is food service, where processed cheese pairs easily with a wide range of ingredients.

Europe dominates by revenue, blocks lead by form, and food and beverage processing is the largest application. Slices, cattle-milk cheese and online retail are the fastest-growing pockets.

Forms, Sources and Channels

Processed cheese blocks stay the preferred form and near US$ 4.5 Bn by 2022, while slices grow fastest. By source, goat milk holds the dominant revenue share, but cattle-milk processed cheese grows quickest, followed by sheep milk. On distribution, wholesale, distributor and direct channels remain the most lucrative, online retailers expand fastest, and convenience stores post the lowest growth. By application, food and beverage processing leads at more than a third of revenue, with Horeca second.

Europe retains dominance at nearly half of revenue, while Asia Pacific excluding Japan adds an absolute opportunity of US$ 344.3 Mn between 2017 and 2022.

Food Service Drives Demand

The market leans on out-of-home eating. Processed cheese's high melt and smooth taste make it a favourite of food-service manufacturers for sandwiches, burgers, shredded and sliced uses, and pizza toppings, and rising fast-food popularity in developing markets helps offset the pullback among health-focused consumers.

Suppliers and Their Playbook

The field brings together large dairy and cheese companies.

• Sargento Foods Inc., Almarai - Joint Stock Company, Mondelez International, Inc., Arla Foods amba, Koninklijke FrieslandCampina N.V., Associated Milk Producers, Inc., Gujarat Cooperative Milk Marketing Federation Ltd., Fonterra Co-operative Group Limited, Savencia SA, and Groupe Lactalis S.A. are among the key players in the report.

Reading the Market for Decisions

For producers, growth favours slices and cattle-milk cheese and strong food-service supply. Investors get a market with steady, food-service-led demand tempered by health trends. Procurement and retail teams can plan around wholesale channels leading distribution, blocks carrying volume, and Europe offering the largest opportunity through 2022.

About the Report

Fact.MR's study covers the global processed cheese market for the 2017 to 2022 forecast period, with segmentation by product form, source, application, sales channel and region. It sizes each segment, maps the competitive field, and weighs the consumer forces shaping demand. Further detail is available in the processed cheese market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.