According to the current analysis
of Reports and Data, the global Cheese
Ingredients market was valued at USD 89.85 Billion in 2018 and is
expected to reach USD 135.09 Billion by the year 2026, at a CAGR of 5.2%.
Cheese is a concentrated form of milk. Cheese is available as natural and
processed cheese. Some of the natural cheese are mozzarella, parmesan,
cheddar, cottage cheese, etc. Natural cheese holds a significant share in the
cheese ingredients market due to the rising number of health-conscious
consumers. Cheddar cheese of natural cheese type is a preferred choice of
consumers due to the benefits that it offers to the heart functioning, sleep
patterns, bone health, etc. Other health benefits of cheese like prevention of
osteoporosis, prevention of common cancer, improving dental health, healthy weight
gain, an excellent source of proteins, vitamins and fats, and improving thyroid
health, among others make it a preferable and healthy choice. The shelf life of
cheese and higher nutritional value than milk makes it a popular dietary
content. Limited supply of calf rennet has resulted the
genetic engineering of microbial chymosin by cloning calf prochymosin genes
into bacteria. Bioengineered chymosin may be involved in the production of upto
70% of cheese products.
Cheese is produced mainly from
cow milk, although goat milk, sheep milk, camel milk, etc. are also used. As of
2012, each person consumed about 34 pounds of cheese every year. US cheese
production reached 13 billion pounds in the year 2018. North American and
European countries hold a significant share in the cheese ingredients market.
Regulations regarding usage
levels of certain ingredients in cheese can hamper market growth. Certain
regions have strict regulations imposed on the use of particular ingredients in
cheese production. This can prove to be a threat to the market. Also, rising
inclination towards vegan products can hamper the growth of the market over the
forecasted period.
Further key findings from
the report suggest
- Cultures segment is expected to grow at a CAGR of
5.3% during the forecast period. There are two basic categories of
cultures, Mesophilic and Thermophilic. Mesophilic cultures require low
heat and are non-operational at higher temperatures while thermophilic
cultures need high heat and will not work correctly until those
temperatures are reached.
- Technological advancements in the dairy industry like
chemical-free separation, ice pigging, etc. are proving to be growth
drivers for cheese ingredients market. When ice is used for pigging
instead of water, it results in less wastage and higher product recovery.
- Waste retrieval by activities like utilizing 100%
milk is a focus of key market players. Arla Food ingredients use a
milk-protein based powder for this purpose, which ensures no production of
by-product or waste. Hilmar Cheese is another company that is making
efforts to obtain 100% of milk-derived water and redirect it for use in
irrigation and landscaping
- The natural cheese segment is a rapidly growing
segment with a CAGR of 5.1 % during the forecast period; owing to rising
health awareness among the people in western countries
- Genetically advanced bacteria and microorganisms, as
well as genomics and proteomics, are increasingly leading to improved
fermentation, and these advances are being widely accepted in the cheese
ingredients market
- With an increased demand for cheese, especially in
countries of North America, the cheese production protocol is changing and
manufacturing time is reduced, necessitating consistency in starter
activity.
- Enzymes ingredient is expected to reach a share of
USD 14.45 Billion in the year 2026
- The emphasis of dairy products manufacturers on
microfiltration and sustainability is another significant step positively
impacting the cheese ingredients market.
- Key market players in the industry are adopting
higher technologies in production, leading to improved efficiency and
capacity. For instance, CSK Food Enrichment company, based in the
Netherlands, is making use of state-of-the-art technology for the
production of starter cultures. Starter cultures are natural bacteria that
are crucial in the formation of cheese.
- The global Cheese Ingredients market is fragmented
with major players like Fonterra Co-operative Group, Koninklijke DSM N.V,
Archer Daniels Midland Company, Alpura, CSK Food Enrichment, and Arla
Foods among others, collectively constituting a competitive market
To identify the key trends in
the industry, click on the link below:
No comments:
Post a Comment