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Global Low-Fat Cheese Market – Industry Trends and Forecast to 2029

  • Food & Beverage
  • Upcoming Report
  • Jul 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Food & Beverage
  • Upcoming Report
  • Jul 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Low-Fat Cheese Market, By Product (Feta, Ricotta, Mozzarella Sticks, Hard Cheese), Distribution Channel (Store-Based, Online), Application (Biscuits, Snacks, Soups, Sauces, Others), – Industry Trends and Forecast to 2029

Low-Fat Cheese Market

Market Analysis and Size

Cheese has become a popular product in urban households and the global food processing industry. Low-fat cheese has emerged as the most promising market worldwide in the last decade or so. Low-fat cheese is easy to digest and low in calories, as opposed to bovine cheese, which is difficult to digest and high in cholesterol and fat. Low-fat cheese also contains more vitamins, particularly vitamins A, B1, B2, and B3, as well as calcium and phosphorus.

Data Bridge Market Research analyses that the Low-fat cheese market which was valued at USD 102.89 billion in 2021 is expected to reach the value of USD 145.20 billion by 2029, at a CAGR of 4.4% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product (Feta, Ricotta, Mozzarella Sticks, Hard Cheese), Distribution Channel (Store-Based, Online), Application (Biscuits, Snacks, Soups, Sauces, Others),

Countries Covered

U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Hain Celestial (U.S.), Dairy Farmers of America, Inc. (U.S.), General Mills Inc. (U.S.), Danone S.A. (France) GCMMF (India), Conagra Brands, Inc. (U.S.), Nestlé S.A. (Switzerland), Land O' Lakes, Inc. (U.S.), Kerry Group (Ireland), The Kraft Heinz Company (U.S.), ADM (U.S.), Lactosan A/S (Denmark), Aarkay Food Products Ltd. (India), All American Foods (U.S.), Commercial Creamery Company (U.S.), Kanegrade Limited (U.K.), and DairiConcepts, L.P (U.S.)

Opportunities

  • Low-fat cheese is well-known for lowering LDL cholesterol levels
  • Rapid urbanisation, population growth, the availability of a wide range of products
  • Manufacturers are currently focused on the development of low-fat cheese varieties to meet the demands of health-conscious consumers

Market Definition

Low-fat cheese is a type of dairy product with lower calories and cholesterol because it contains less than 30% fat. It is also referred to as light or low calorie. Low-fat cheese contains less saturated fat and cholesterol, linked to an increased risk of heart disease. This cheese is available in various forms and is a healthier alternative to regular cheese.

Drivers:

  • Increasing public awareness of the health benefits of low-fat cheese

Increasing public awareness of the health benefits of low-fat cheese, such as its high calcium and protein content, is a factor driving the growth of the targeted market. Obesity and cholesterol problems are becoming more prevalent worldwide due to changes in eating habits. Consumers are becoming more health conscious, increasing demand for and consumption of low-fat cheese. Low-fat cheese has emerged as an effective substitute for bovine cheese and is expected to grow rapidly during the forecast period. Furthermore, technological advancements in cheese production and increasing quality low-fat breeds are a few factors driving the market.

  • Increased demand for ready-to-eat food products

Growing health problems as a result of increased demand for canned and frozen food products, as well as rising disposable income among individuals, are some of the factors driving the low-fat cheese market's growth.

Opportunity

Low-fat cheese is well-known for lowering LDL cholesterol levels, which are linked to an increased risk of cardiovascular disease. Manufacturers are currently focused on the development of low-fat cheese in varieties such as provolone, mozzarella, and cheddar to meet the demands of health-conscious consumers who do not want to sacrifice flavour. As a result, low-fat cheese is becoming more popular in salads, hotdogs, sandwiches, and pizzas, providing a lucrative growth opportunity for the market.

Restraints

The market faces a challenge due to a lack of awareness of low-fat cheese. Low fat cheese is not as popular as regular cheese. The cheese industry relies heavily on flavour and texture. People place more emphasis on the texture and flavour of the cheese. However, changes in taste and texture are a market restraint.

This low-fat cheese market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the low-fat cheese market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Low-fat Cheese Market

Consumers stacked products with high nutritional value to keep them healthy during the pandemic period. As a result, sales were stabilised to some extent because of the pandemic, consumers have adjusted to a new normal lifestyle, and as a result, and an increasing number of consumers prefer quick and nutritious snacking options. COVID-19 opened the door for a slew of new private firms to enter the market in order to meet the ongoing demand. Low-fat cheeses are a quick and easy source of essential nutrients, so demand for innovative products is always high in developed countries. As home-bound consumers look for retail options, online distributors are becoming more interested due to the aforementioned factors.

Global Low-fat Cheese Market Scope

The low-fat cheese market is segmented on the basis of product, distribution channel and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Feta
  • Ricotta
  • Mozzarella Sticks
  • Hard Cheese

Distribution channel

  • Store-Based
  • Online

Application

  • Biscuits
  • Snacks
  • Soups
  • Sauces
  • Others

Low-fat Cheese Market Regional Analysis/Insights

The low-fat cheese market is analysed and market size insights and trends are provided by country, product, distribution channel and application as referenced above.

The countries covered in the low-fat cheese market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

In developing countries such as India, there has been a shift from staple foods to processed and packaged foods. Furthermore, the expansion of retail channels such as supermarkets and hypermarkets in these countries' urban areas is expected to increase the availability of processed and packaged food. Low-fat Cheese demand is expected to rise in the coming years due to rising demand for packaged foods such as snacks, bakery & confectionery products, and ready-to-eat meals.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Low-fat Cheese Market Share Analysis

The low-fat cheese market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to low-fat cheese market.

Some of the major players operating in the low-fat cheese market are:

  • Hain Celestial (U.S.)
  • Dairy Farmers of America, Inc. (U.S.)
  • General Mills Inc. (U.S.)
  • Danone S.A. (France)
  • GCMMF (India)
  • Conagra Brands, Inc. (U.S.)
  • Nestlé S.A. (Switzerland)
  • Land O' Lakes, Inc. (U.S.)
  • Kerry Group (Ireland)
  • The Kraft Heinz Company (U.S.)
  • ADM (U.S.)
  • Lactosan A/S (Denmark)
  • Aarkay Food Products Ltd. (India)
  • All American Foods (U.S.)
  • Commercial Creamery Company (U.S.)
  • Kanegrade Limited (U.K.)
  • DairiConcepts, L.P (U.S.)


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Frequently Asked Questions

Increasing public awareness of the health benefits of low-fat cheese, such as their high calcium and protein content, is a factor driving the growth of the targeted market. Obesity and cholesterol problems are becoming more prevalent worldwide due to changes in eating habits. Consumers are becoming more health conscious, which is increasing demand for and consumption of low-fat cheese. Low-fat cheese has emerged as a significant substitute for bovine cheese and is expected to grow at a rapid pace during the forecast period. Furthermore, technological advancements in cheese production and increasing quality low-fat breeds are a few of the factors driving the market.
The Low-Fat Cheese Market is to grow at a CAGR of 4.4% during the forecast by 2029.
The major players operating in the Low-Fat Cheese Market are Hain Celestial (U.S.), Dairy Farmers of America, Inc. (U.S.), General Mills Inc. (U.S.), Danone S.A. (France) GCMMF (India), Conagra Brands, Inc. (U.S.), Nestlé S.A. (Switzerland), Land O' Lakes, Inc. (U.S.), Kerry Group (Ireland), The Kraft Heinz Company (U.S.), ADM (U.S.), Lactosan A/S (Denmark), Aarkay Food Products Ltd. (India), All American Foods (U.S.), Commercial Creamery Company (U.S.), Kanegrade Limited (U.K.), and DairiConcepts, L.P (U.S.).
The Low-Fat Cheese Market value is expected USD 145.20 billion by 2029.