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Cheese market - Industry Forecast, 2023

Cheese market is expected to reach $164,338 million by 2023, at a CAGR of 2.7%. The report was occupied by North America & Europe with nearly 80% share.

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Cheese market - Industry Forecast, 2023

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  1. Global Cheese Market Expected To Hit $164,338 Million By 2023 Global Opportunity Analysis And Industry Forecast, 2017-2023

  2. Cheese Market Outlook - 2023 • Global Cheese Market is expected to reach $164,338 million by 2023, from $136,283 million in 2016, growing at a CAGR of 2.7% from 2017 to 2023. Cheese is a highly nutritious and palatable milk-derived food product found in wide range of textures, tastes, and aromas globally with around 2000 varieties at present. The distinction between texture and taste is determined by raw material used during preparation of cheese, such as type & breed of milk producing animal, grazing and climatic factors, and others. Cheese consumes about one-tenth volume of the milk, making it portable with longer shelf life compared to milk. • Request Sample Report: • It is rich in nutrients such as protein, essential minerals, fat, calcium, and others. Moreover, it offers certain health benefits such as stronger teeth & bones, healthy heart (if consumed in moderate quantity), prevention of osteoporosis, and others. Furthermore, certain types of cheese such as cheddar, parmesan, Roquefort, and others can be easily consumed by lactose intolerant and milk allergic people. • In 2016, North America and Europe collectively occupied with nearly 80% of the cheese market share. At present, the global cheese market is driven by growth in number of quick service restaurants (QSRs) in the developing regions and already established QSR outlets in the developed regions. In addition, longer shelf life of cheese products, rise in disposable income, and increase in demand for protein-rich food propel the market growth.

  3. Key Players Of Market

  4. Key Benefits Cheese Market:

  5. Cheese Market Key Segments:

  6. Cheese Market Key Segments:

  7. By Geography

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