Key Insights – Global Cream and Soft Cheese Market
Consumers Preferring Light-Weight Cream and Soft Cheese Over Dairy-Heavy Cheese Variants
The overall cheese consumption landscape is witnessing an insistent shift toward unprocessed cheese variants, specifically in parts of Europe, US, and Canada. Cream and soft cheese, made of nearly 33 percent milk fat and moisture content of not more than 55 percent, tops the list owing to the availability of premium varieties offering unique flavors. As per Agriculture and Agri-Food Canada, cheese products that resonate with snacking in convenient and portion-controlled packaging will witness a surge in demand. In the U.S, although the overall cheese consumption is declining, cream cheese with bagels is likely to remain a staple.
Beverages Embracing Foam Textures to Drive the Cream and Soft Cheese Market
Beverage experts have been experimenting with cream cheese to make whipped toppings on tea and creamy milk foam for coffee. This innovation, commonly termed as creamy tea and tea macchiato has witnessed widespread adoption in Asia Pacific region and some parts of US. The cream and soft cheese consumption in Asia Pacific is likely to see a boost owing to the advancements in flavor, aroma, and overall texture using cream and soft cheese in the beverages segment including ready-to-drink cocktails. In the Western demographics, industry experts are pairing cream cheese with familiar taste notes such as cheesecakes and other baked products.
Complex Production Process of Cream Cheese Could Push Alternatives in the Market
Owing to its fresh taste, relatively healthy protein content, and overall product versatility cream and soft cheese have witnessed a positive global acceptance in the recent years followed by a number of innovations in terms of flavors and textures. However, complex processes associated with the production of cream cheese including a long list of specialized equipment used for pasteurization, fermentation, and ultrafiltration leaving a large quantities of by product in the form if acid whey is likely to restrain the overall growth of cream and soft cheese market. Innovative alternatives such as BEKAPLUS® DP 302, offers not just processing benefits but also qualities of cream cheese and convenience. This alternative is likely to present white space opportunities to manufacturers looking to expand their portfolios using creamy spreads with properties similar to cream cheese.
Millennial Driving Cream and Soft Cheese Adoption
The overall cream and soft cheese market is relentlessly driven by the growing demand for high protein and low fat levels. Manufacturers are continually exploring product development opportunities by tapping the younger generations owing to their level of commitment to healthy foods. Studies indicate that millennial are more likely to pay a premium for cream and soft cheese made of sustainably sourced ingredients.
Competitive Landscape Analysis - Global Cream and Soft Cheese Market
Fact.MR’s report titled ‘Cream and Soft Cheese Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022’ offers a detailed competitive landscape outlook on the key market participants, including their company profiles and critical developments and financials. Key players such as Associated Milk Producers Inc, Arla Foods amba, Almarai - Joint Stock Company, Gujarat Cooperative Milk Marketing Federation Ltd, Groupe Lactalis S.A, Fonterra Co-operative Group Limited, Savencia SA, Sargento Foods Inc., and Mondelez International, Inc have been studied in the report.
Following up on using clean and simple ingredients, Arla Foods recently introduced Skyr Cream Cheese Spread, pegged to have high protein and half the calories of regular cream cheese. The company is likely to focus on innovative products in eight categories including spreadable cheese and six regions including China, Nigeria, USA, and Russia. Fonterra’s foodservice business Anchor Food Professionals launched a new soft style cream cheese for its consumers in the Middle East and capitalize on the changing consumer trend toward premiumization. Fonterra, has also announced its plan to open two new plants for cream cheese production in Darfield site in Canterbury to cater to the growing demand for cream cheese. On the other hand, Chr. Hansen, leading global bioscience company, recently launched a starter culture range to help cheese manufacturers produce soft cheese while maintaining its texture and taste notes.
About the Report – Global Cream and Soft Cheese Market
Fact.MR, in its outlook on global cream and soft cheese market, offers critical insights for a period of five years, from 2017-2022. The report also includes key market dynamics shaping the growth trajectory. New product development (NPD) is projected to remain the key strategy among market leaders, through 2022. For more insights on the global cream and soft cheese market.
Fact.MR has published a comprehensive market intelligence outlook on the global cream and soft cheese market, for the forecast period of 2017-2022. Assaying 14 elaborate chapters, the report on global cream and soft cheese market offers actionable insights assessing the current and future market scenario. These insights are likely to equip businesses with critical information that would help them chalk effective market strategies. The report covers key market dynamics including driver, restraints, opportunities, and trends shaping the future growth of cream and soft cheese market. The study covers various perspectives of the global cream and soft cheese market including value chain analysis, pricing analysis, and competition analysis. The report on global cream and soft cheese market covers a comprehensive analysis by various segments ad applications. Fact.MR’s report also offers an overall regional assessment along with market segmentation on the basis of key parameters such as application and raw material sourcing. The insights presented in the report is likely to benefit leading publications and magazines in the global cheese market, looking for exclusive insights on the global cream and soft cheese market.
Chapter 1: Executive Summary – Global Cream and Soft Cheese Market
The commencing section of the report offers brief information of the global cream and soft cheese market, setting the tone for the rest of the report. The executive summary section also includes mega trends and opportunity assessment of the global cream and soft cheese market.
Chapter 2: Overview– Global Cream and Soft Cheese Market
The report’s overview section begins with the market taxonomy and standard market definition of the product. Moving on, the section offers market value and year-on-year growth graph, helping readers to understand the growth patterns of the cream and soft cheese market.
The overview section then elaborates on various market dynamics including driver, restraints, opportunities, and trends impacting the market growth. With an aim to give users a more comprehensive understanding of the cream and soft cheese market, the section further includes supply chain analysis, cost structure analysis, pricing analysis, raw material sourcing strategy and analysis, and intensity mapping of key market participants. This section also provides insights on all the macro-environmental factors that are likely to have an impact on the global cream and soft cheese market.
Chapter 3: Analysis by Product Form – Global Cream and Soft Cheese Market
On the basis of product form, the global cream and soft cheese market is segmented into blocks, cubes, slice, spread, and spray. A region-wise comparison in terms of revenue share, market share, and YoY growth has been offered in the section.
Chapter 4: Analysis by Sales Channel – Global Cream and Soft Cheese Market
On the basis of sales channel, cream and soft cheese market is segmented into Wholesales/ Distributor/ Direct, Supermarket/Hypermarket, Convenience Store, Online Retailers, and Other Retail Format.
Chapter 5: Analysis by Source – Global Cream and Soft Cheese Market
Segmentation by source includes- viz. cattle milk, goat milk, and sheep milk. Revenue (US$ Mn), market share, and CAGR growth of each source type has been provided in the report.
Chapter 6-13: Analysis by Region – Global Cream and Soft Cheese Market
This section primarily focuses on region-wise market size analysis and forecast of the global cream and soft cheese market in North America, Latin America, Europe, Japan, APEJ, and MEA, with market share and revenue share analysis.
Chapter 14: Competition Tracking – Global Cream and Soft Cheese Market
The last of the report offers a detailed competitive landscape analysis to give readers a dashboard view of the key participants in the global cream and soft cheese market. Detailed company profiles, key developments and financials, SWOT analysis, and long-term and short-term forward market strategies has been offered in the section.
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