Growth of the market is dependent upon the growth of the cheese industry, with the key factor being demand for cheese. Also, the cheese being the key ingredient for many cuisines around the world, the projected growth factor is exponential.
The cheese ingredients market is projected to grow at a double-digit CAGR from 2014 to 2025. It is driven by factors such as the increased demand for cheese due to growth in the fast food industry. Furthermore, factors such as increasing disposable income and rapid urbanization have also increased the demand for cheese ingredients.
Full research report on cheese ingredients market analysis: http://www.grandviewresearch.com/industry-analysis/cheese-ingredients-market
The demand for ingredients used in natural cheese market is mainly driven by the benefits cheese offers; such as it is rich in proteins, vitamins, minerals, enzymes, and healthy bacteria (probiotics). The demand for ingredients used for natural cheese manufacturing is driven by increasing consumer awareness about the health benefits associated with it.The nutritional value of cheese varies widely. Cottage cheese consists of 4% fat and 11% protein while some whey cheeses are 15% fat and 11% protein, and triple cream cheeses are 36% fat and 7% protein.
Australia and New Zealand constituted the largest country markets in the Asia Pacific region in 2014. Large scale milk production in the Asian countries has led to Large-scale low cost production of cheese in the country.
North America dominated the market and accounted for the largest market share globally, as it is the largest producer and exporter of cheese. The increasing disposable income and urbanization, the growth in the fast food industry is expected to increase the market growth.
View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/food-and-beverages
The Asia Pacific region is projected to be the fastest-growing market with investments from several multinational fast food chains due to rapid urbanization especially in countries such as China, India, Australia/ New Zealand, and Japan.
The Key Market Players include Chr. Hansen Holding A/A, and E.I. du Pont de Nemours and Fonterra Co-operative Group, KoninKlijke DSM N.V, Archer Daniels Midland Company, Alpura, CSK Food Enrichment, Arla Foods, Saputo Inc.
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