An increasing awareness about health food among consumers worldwide has led to a change in their food choices and eating habits. Consumers’ are increasingly opting for healthy food and are looking for low/free-from food products. This has propelled the growth of low cheese market as it contains low sodium and low calories. Furthermore, the prevalence of obesity and overweight, worldwide has increased manifold over the years. According to World Health Organization, more than 1.9 billion adults, 18 years and above, were overweight of which 650 million were obese in the year 2016. Also, more than 41 million children under the age of 5 were overweight or obese in 2016. The growing concern about ill-effect of obesity and overweight has further fuelled the demand for low fat products including low fat cheese.
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Owing to unmet consumer demand, there is a high demand for great tasting, low fat cheese which provides huge growth opportunity to dairy processing industries. Also, the increased demand from the fast food industry with the emphasized focus on health is an additional factor contributing to the growth of the low-fat cheese market. Moreover innovations in varieties are also providing impetus to the market growth of low fat cheese. Cheese is a part of the customs in many countries, where it is consumed on a daily basis. Such natural demand is fostering to the cheese consumption. Also, processed and natural low-fat cheese are great value added ingredients for healthier meals and snacks, which has further accelerated the demand for the product. However, the color and texture of the product plays an important role and the manufacturers have to ensure that they appeal to consumers.
Latest Industry Updates:
Jul 2016 DSM has extended its portfolio of continental cheese solutions to meet the consumer demand for healthier options. Delvo Cheese CT-Light enhances the texture and taste of low-fat cheese, which gives the impression of a full-fat cheese but with low calories.
Apr 2016 Lactalis Group entered into an agreement to acquire the dairy business of Anik Industries to increase in market penetration in Indian market.
Feb 2016 Crystal Farms expanded its cheese product portfolio by launching new flavors.
The key players are capitalizing on the growing health and wellness trend by launching novel products. They are also investing significantly on research and development to introduce novel technologies to cater consumers’ demand for healthier food. The companies are also focusing on expanding its geographical reach to increase market penetration. In addition, key manufacturers are focusing to enhance its brand name by arranging various promotional activities. The companies are participating in various social media promotions and events and interaction with the consumers.
The key players profiled in Low Fat Cheese are DSM, Lactalis Group, Kraft Foods Group Inc., S.A., Arla Foods, Crystal Farms, Sargento Fromageries Bel S.A., Bongrain, Friesland Campina, and Britannia Industries (Wadia Group) among many others.
Low Fat Cheese market is segmented into Europe, North America, APAC, and Rest of the World (RoW). North-America has dominated the market for Global Low Fat Cheese Market with the largest market share. Asia-Pacific, Europe and RoW are the growing market for Global Low Fat Cheese. Increasing demand for healthier food is driving the demand for low fat cheese market.
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The global Low Fat Cheese market has been divided into type, distribution channel, and region.
On The Basis Of Type: Feta, Ricotta, Mozzarella sticks, and hard cheese
On The Basis Of Distribution Channel: Food retail, and Food service
On The Basis Of Region: North America, Europe, Asia Pacific, and ROW.
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