Unveiling the Opportunities: Capturing Organic Cheese Market Growth at a Robust CAGR of 7.1% through 2034
Global cheese consumption is on the rise, fueled by an increasing variety of cheese options and growing demand for organic dairy products. organic cheese market is poised for significant growth, with a promising future CAGR of 7.1%With more than half of the world’s cheese production coming from the European Union, and countries like the United States and New Zealand showing strong demand, the market value is expected to grow from a modest 8,452.30 USD millions in 2024 at an impressive level 16,832.50 million USD by 2034, ushering in a wave of savory treats.
IMF experts revealed that there is an unprecedented increase in demand for organic cheese due to its diversity of taste and health benefits, associated with advantages such as strengthening bones and teeth. manufacturers in the organic cheese market keep an eye on consumer preferences and innovate the product range according to consumer needs, thereby further expanding the market.
The IMF analyzed that natural cheeses are not allowed to contain certain ingredients, even though organic cheese is prepared using the same methods as regular cheese. Organic cheese is produced using the same techniques as regular cheese. This poses a challenge because of the use of elements such as genetically modified organisms (GMOs) or chemicals such as dyes, flavor enhancers or stabilizers.
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Key Takeaways from the Market Research
- Concerns about antibiotic and hormone use, animal health and the environmental implications of farming are driving American consumers to switch from conventional to organic cheese.
- The increasing socio-economic level and changing consumer behavior in China are the main causes of the increase in organic cheese consumption.
- Australian processed cheese sales expected to decline by 4%, while sales of unprocessed organic cheese will increase by 2%. In the cheese sector
- The continental organic cheese market is expected to be impacted by increased exposure to new and foreign food options.
- Online businesses are focusing on millennial consumers as modern retailers strive to stock more varieties of organic cheese to maintain a strong market share.
“The demand for organic cheese is set to increase owing to the growing desire of a significant section of the population to follow a healthy diet, along with the tremendous growth opportunities for manufacturers owing to the increasing plethora of applications in the coming years,” says Nandini Roy Choudhury, Client Partner, Future Market Insights
Competitive landscape
Many organic cheese companies are focusing on improving and expanding their core business by launching new products to compete with traditional cheese sales. Two other areas that producers are focusing their efforts on are adding new flavors to cream cheese and creating organic cheese snacks.
Consumers are increasingly choosing organic products, especially among millennials who are concerned about their health and the environment. They are making moral choices about what they eat and drink, as well as other issues such as waste, packaging and energy.
White Wave Foods Company, Eden Foods, Inc., Lactalis Group, The Kroger Co., Organic Vallet and Purity Foods Inc. are some of the key players in the organic cheese market.
RECENT DEVELOPMENTS
- In August 2020, Glanbia obtained Foodarom (Germany). The award strengthened Glanbia’s capacity in the field of flavors and nutritional arrangements.
- In 2020, Land of Lakes favored a natural cheese powder formed from various types of cheese such as American, Parmesan, blue and Swiss.
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Organic Cheese Market by Segments
By product type, the organic cheese market is segmented as follows:
- Cheddar
- Continental hard
- Continental soft
- Ex.Territorial Blue
- Others
By distribution channel, the organic cheese market is segmented as follows:
- Specialty stores
- Modern commerce
- Repairers
- Traditional grocery stores
- Online Store
- Other distribution channel
By form, the organic cheese market is segmented as follows:
- Cubes and blocks
- Slices
- Spreadable
- Other forms
By region, the organic cheese market is segmented as follows:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- THING
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR Certified, Stevie Award Winner, and a member of the Greater New York Chamber of Commerce) offers in-depth insights into the drivers that drive market demand. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the packaging, food and beverage, consumer technology, healthcare, industrial, and chemicals markets. With an extensive team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on various industry domains and trends in over 110 countries.
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