(MENAFN- EIN Presswire) Emmental Cheese Market - insightSLICE
Emmental Cheese Market - insightSLICE
Emmental Cheese Market Global Sales are Expected to Reach US$ 2.47 Billion by 2032
SANTA ROSA, CALIFORNIA, USA, April 19, 2023/einpresswire.com / -- The Global emmental cheese market Share, Trends, Analysis and Forecasts, 2019-2032 provides insights on key developments, business strategies, research & development activities, supply chain analysis, competitive landscape, and market composition analysis.
The global emmental cheese market was estimated to be US$ 1.62 Billion in 2022 and is expected to reach US$ 2.47 Billion by 2032 at a CAGR of 4.3%. Emmental cheese, also known as Swiss cheese, is a type of semi-hard cheese that originated in the Emmental region of Switzerland. It is a yellow cheese with a nutty and slightly sweet flavor, and is characterized by its distinctive large holes or "eyes." Emmental cheese is typically made from unpasteurized cow's milk and is used in a variety of dishes, including sandwiches, fondues, and pasta dishes. It is one of the most widely known and consumed types of cheese in the world.
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Growth driving factors of Global Emmental Cheese Market
Following are some of the major factors driving the market –
Growing demand for specialty and artisanal cheese products: With the rise in foodie culture and interest in high-quality and unique food products, consumers are increasingly seeking out specialty and artisanal cheeses, including Emmental cheese. This trend is driven by a desire for unique and authentic food experiences. For example, artisanal cheese shops and specialty food stores offer a wide range of artisanal cheese products, including Emmental cheese made using traditional techniques and using milk from specific breeds of cows.
Rising popularity of Swiss cuisine and cheese as a snack food: Swiss cuisine, which heavily features Emmental cheese, has seen a rise in popularity in recent years, driven by a growing interest in traditional European cuisine and a desire for new and unique culinary experiences. This has driven demand for Emmental cheese as a key ingredient in dishes such as fondue and as a topping on various foods, including pizzas, sandwiches, and crackers. Additionally, cheese has also become a popular snack food, as consumers look for healthy and portable snack options.
Growing demand for organic and natural cheese products: With increasing health consciousness and awareness of the benefits of organic and natural food products, consumers are increasingly seeking out these types of products, including cheese. This trend is driven by a desire for high-quality dairy products with fewer additives and preservatives. For example, organic Emmental cheese made using milk from grass-fed cows, without the use of artificial hormones, is becoming increasingly popular among health-conscious consumers.
Expansion of retail and distribution networks and growing consumer awareness of cheese products and their benefits: As retail and distribution networks expand globally, consumers are becoming increasingly aware of the various cheese products available to them, including Emmental cheese. This increased awareness, combined with the growth of online shopping and delivery services, has made it easier for consumers to purchase Emmental cheese and has contributed to its growing popularity. For example, major grocery store chains and online food retailers now offer a wide range of Emmental cheese products, making it more accessible to consumers.
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Increased demand from emerging economies: With the growing middle class and increasing purchasing power in emerging economies, there has been a rise in demand for high-quality dairy products, including Emmental cheese. This is driven by a desire for unique and authentic food experiences and a growing interest in European cuisine. For example, Emmental cheese is becoming increasingly popular in countries such as China and India, where consumers are seeking out high-quality and unique food products.
The leading market segments of Global Emmental Cheese Market
Based on product type, the Emmental cheese market is segmented into Semi-hard Cheese and Hard Cheese. The semi-hard cheese segment is the largest, accounting for a majority of the market share. This is due to the popularity of semi-hard Emmental cheese as a key ingredient in dishes such as fondue and as a topping on various foods. Additionally, semi-hard Emmental cheese is more versatile and easier to use in a variety of applications, contributing to its popularity and market share.
The key trend in the semi-hard cheese segment is the growing demand for organic and natural cheese products. Consumers are increasingly seeking out high-quality dairy products with fewer additives and preservatives, driving demand for organic and natural Emmental cheese. Additionally, there is also a growing interest in artisanal and specialty cheese products, which has further contributed to the popularity of semi-hard Emmental cheese.
The hard cheese segment, while smaller, is growing, driven by a desire for unique and authentic food experiences. Consumers are seeking out traditional and high-quality cheese products, including hard Emmental cheese, contributing to its growing popularity and market share. The trend towards natural and organic food products, along with a growing interest in Swiss cuisine, is expected to continue to drive demand for hard Emmental cheese in the coming years.
On the basis of end-user, the Emmental cheese market is segmented into Household and Industrial. The Household segment is the largest, accounting for the majority of the market share. This is due to the widespread popularity of Emmental cheese as a household staple, used in a variety of dishes and as a topping for various foods. The versatility and unique flavor profile of Emmental cheese have contributed to its popularity in households around the world.
The key trend in the Household segment is the growing demand for natural and organic food products. Consumers are seeking out high-quality and unique food products, including Emmental cheese, and are increasingly interested in the origins and production methods of these products. Additionally, the growing awareness of the health benefits of cheese products, including Emmental cheese, has also contributed to the growth of the Household segment, as consumers seek out new and innovative food products that are both delicious and nutritious.
Geographically, Europe is the largest segment, accounting for the majority of the market share. This is due to the widespread popularity of Emmental cheese in Europe, where it has a long history of production and consumption. Emmental cheese is widely available in Europe, and the region is home to many leading producers of the cheese, contributing to its popularity in the region. Additionally, the trend towards natural and organic food products has also contributed to the growth of the European Emmental cheese market, as consumers seek out high-quality and unique food products.
North America is also a significant market for Emmental cheese, driven by the growing popularity of the cheese in the region and the growing demand for natural and organic food products. Asia-Pacific is also a growing market, driven by the growing trend towards unique and authentic food experiences and the growing demand for natural and organic food products.
Middle East and Africa and South America are smaller markets for Emmental cheese, but are growing, driven by the growing demand for high-quality and unique food products and the growing trend towards natural and organic food products. In these regions, Emmental cheese is increasingly seen as a premium food product, and consumers are seeking out the cheese for its unique flavor profile and versatility. Additionally, the growing awareness of cheese products and their benefits has also contributed to the growth of the Emmental cheese market in these regions.
The key players of the Global Emmental Cheese Market are:
Arla Foods, Entremont saga, Finlandia Cheese, Guggisberg Cheese, Gujarat Co-operative Milk Marketing Federation, Little Green Cheese, Miforma Cheese, Président Cheese, Tetra Pak, and Others.
Market Segmentation
By Product type:
.Semi hard Cheese
.Hard Cheese
By End-use:
.Household
.Industrial
By Application:
.Food and beverage
.Bakery
.Confectionery
By Distribution channel:
.Store Based Retail
.Specialty Stores
.Online Retail
.Supermarkets
.Hypermarkets
By Region
.North America
* United States
* Canada
* Rest of North America
.Europe
* Germany
* United Kingdom
* Italy
* France
* Spain
* Rest of Europe
.Asia Pacific
* Japan
* India
* China
* Australia
* South Korea
* Rest of Asia Pacific
.Middle East & Africa
* UAE
* Saudi Arabia
* South Africa
* Rest of the Middle East & Africa
.South America
* Brazil
* Rest of South America
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