A recent report published by Infinium Global Research on the cheese market provides in depth analysis of segments and sub-segments in different countries of APAC region. The study also highlights the impact of drivers, restraints and macro indicators on the Asia-Pacific cheese market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of Asia-Pacific cheese market. According to report the Asia-Pacific cheese market is projected to grow at a CAGR of 8.5% over the forecast period of 2017-2023.
The report covers factors fueling market growth, such as the existence of a large number of fast food chains and ease of availability of a wide range of cheese in Australia and Japan are anticipated to fuel the growth of the cheese market in Asia Pacific over the next few years. Moreover, Australia and India are the leading milk and milk producing countries across the continent, in which cheese is about the daily consumed food ingredients among these countries and contributing major market growth. Most commonly consumed cheese in Asia Pacific region Include cheddar cheese, Parmesan cheese, Mozzarella, cheese slices. However, matters associated with storage of cheese leading to short shelf-life are expected to restrain market growth. Also growing awareness about the health concern among citizen, particularly in Japan and Australia is predicted to lowering down market growth over the forecast period. On the other hand, production of premium cheese providing consumers with gastronomic experiences is expected to tap new opportunities for the growth of the market in the near future.
Figure: Asia-Pacific Cheese Market by Value 2015-2023
The report on Asia-Pacific cheese market cover product type segment. On the basis of product type the Asia-Pacific cheese market is categorized into natural cheese and processed cheese.
The report provides analysis covering countries such as China, Japan, India, and Rest of the APAC. In this section the key trends and market size of each country is provided over the period of 2015 – 2023.
The report provides profiles of the companies in the Asia-Pacific cheese market such as, Kraft Foods, Fonterra, GCMMF, Bright Dairy & Food Co., Ltd and Bongrain S.A.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the Asia-Pacific cheese market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of cheese market.
Moreover, the study highlights current market trends and provides a forecast from 2017-2023. We also have highlighted future trends in the cheese market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each country brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the cheese market to understand the present and future trends in this market and formulate their strategies accordingly.
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