London, 09 October 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Cheese Market 2014-2018, which is expected to grow at a CAGR of 5.14 percent during the period 2013-2018.
“Because of the increase in obesity-related problems, more and more people are avoiding food with high fat content,” says Faisal Ghaus, Vice President of TechNavio.
“Low-fat cheese contains less saturated fat, low sodium content, and low-density lipoprotein. Most low-fat cheese is made from skimmed milk which contains less fat in comparison to normal cheese.”
Key Market Drivers
- Rise in Demand from Fast Food Industry
- Rise in Demand from Developing Countries
- Innovations in Packaging Industry
- Introduction of New Varieties
Key Market Trends
- Growth of Organized Retail Sector
- Increase in Demand for Low-fat Cheese
- Increase in Marketing Initiatives
- Increase in Adoption of Packaged Cheese Products
Key Market Vendors
- Arla Foods
- Bongrain
- Fonterra
- FrieslandCampina
- Groupe Lactalis
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
