Cheese ingredients such as milk, salt, emulsifiers, sugar, herbs, and spices are used in different proportion for making cheese. Increasing consumption of cheese among consumers is a major factor driving growth of the global cheese ingredients market. However, high number of lactose intolerant population may affect growth of the target market.
The global cheese ingredients market has been segmented on the basis of ingredients, product type, and region. On the basis of ingredients, the market is segmented into milk, enzymes, additives, and cultures. Milk segment holds major share in terms of revenue and is expected maintain its dominance in the near future
On the basis of product type, the market is segmented into processed and natural. Processed segment is sub-segmented into standard melt, quick melt, and restricted melt. Natural segment is sub-segmented into mozzarella, gouda, parmesan, cheddar, and others. Natural segment is expected to dominate the global market, due to increasing preference for natural cheese among consumers and food joints.
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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America dominates the global cheese ingredients market in terms of revenue. Increasing cheese consumption by consumers owing to increasing popularity of various fast-food joints, which is a key factor fueling growth of the target market in this region. Large number of food processing industries is another factor expected to boost growth of the target market in North America region. Market in Asia Pacific is expected to witness significant growth in terms of revenue in the near future, followed by Europe, Latin America, and middle East and Africa. Increasing number of fast-food joints, coupled with growing influence of western food culture are factors increasing growth of the target market in Asia Pacific region.
Key players operating in the global cheese ingredients market include Chr. Hansen Holding A/S, Fonterra Co-operative Group Limited, E. I. du Pont de Nemours and Company, Koninklijke DSM N.V., Archer Daniels Midland Company, Arla Foods amba, Saputo Inc., Almarai Company, Union de Credito Alpura, S.A. de C.V., CSK Food Enrichment B.V., Sacco SRL, and Dairy Farmers of America, Inc.