Fact.MR’s all-inclusive report on the global cream and soft cheese market delivers critical insights on various dynamics shaping the market for assessment period of five years, from 2017 to 2026. Growth of global cream and soft cheese market, in terms of CAGR, is anticipated to remain sluggish, however, growth in terms of revenue is anticipated to stand at a valuation of US$ 15.6 Billion, through 2022. Fact.MR foresees high protein and less fat content in cream and soft cheese as the key factor driving the product market. Moreover, product innovations in terms of flavor notes and textures coupled with growing adoption in cooking applications will have an impact on cream and soft cheese consumption and application in the foodservice industry. However, high perishability of cream and soft cheese will retrain the market growth. In the coming years, cream and soft cheese-based products tapping on the convenience and easy snacking trends, will take over the supermarket shelf-space, presenting companies with opportunities to innovate new cheese products including dips, sticks and other small-bites.
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Competitive Landscape Analysis – Global Cream and Soft Cheese Market
Fact.MR’s report titled ‘Cream and Soft Cheese Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022’ offers a detailed competitive landscape outlook on the key market participants, including their company profiles and critical developments and financials.
Key players such as Associated
- Milk Producers Inc
- Arla Foods amba
- Almarai – Joint Stock Company
- Gujarat Cooperative Milk Marketing Federation Ltd
- Groupe Lactalis S.A
- Fonterra Co-operative Group Limited
- Savencia SA
- Sargento Foods Inc.
- Mondelez International Inc
Following up on using clean and simple ingredients, Arla Foods recently introduced Skyr Cream Cheese Spread, pegged to have high protein and half the calories of regular cream cheese.
Millennial Driving Cream and Soft Cheese Adoption
The overall cream and soft cheese market is relentlessly driven by the growing demand for high protein and low fat levels. Manufacturers are continually exploring product development opportunities by tapping the younger generations owing to their level of commitment to healthy foods.
Studies indicate that millennial are more likely to pay a premium for cream and soft cheese made of sustainably sourced ingredients.
