Mozzarella Cheese Market Growth Accelerated by Strengthening F&B Industry

Mozzarella Cheese Market


 Mozzarella cheese is a popular cheese variety widely used in culinary applications and food preparations owing to its superior melting properties. It is used as a primary ingredient in pizza, pasta dishes, and snacks. The increasing consumption of fast food and ready-to-eat meals along with growing fast food chains has augmented the demand for mozzarella cheese. The global Mozzarella cheese Market is estimated to be valued at US$ 299.25 Bn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.


Market key trends:
The rising demand for dairy and cheese products from the expanding fast food industry has primarily fueled the growth of the global mozzarella cheese market over the past few years. According to statistics, mozzarella cheese accounts for over 20% of the total cheese consumed worldwide annually. The key manufacturers are focusing on introducing new flavors and fortified variants of mozzarella cheese to expand their consumer base. The growth of the organized retail sector and increasing availability of mozzarella cheese through various distribution channels including supermarkets and hypermarkets are some notable trends in the global market.

Segment Analysis
The global mozzarella cheese market is dominated by the commercial segment. This segment accounts for more than 60% of the total market share due to increasing demand for packaged and processed foods among consumers. Mozzarella cheese finds wide application in pizzas, pastas, sandwiches, and salads in fast food chains and restaurants. The commercial segment is expected to continue dominating the market over the forecast period due to rising organized retail and food service industry.

Key Takeaways
The Global Mozzarella Cheese Market Share is expected to witness high growth during the forecast period.

Regional analysis: Europe accounts for the largest share in the global mozzarella cheese market currently. Italy dominates the European market due to availability of raw materials and authentic recipes. However, Asia Pacific is expected to grow at the fastest pace during the forecast period. Changing lifestyle and food preferences are increasing the demand for packaged and fast foods in countries like China and India, supporting the growth of the mozzarella cheese market in the region.

Key players operating in the mozzarella cheese market are Medtronic Plc, Koninklijke Philips N.V., GE Healthcare, FreeScale Semiconductors, Omnivision Technologies, Inc., Smiths Medical, Analog Devices, Inc., Honeywell International, Inc., Broadcom Limited, Danaher Corp., LORD Corporation, OSI Systems, Inc., Avago Technologies Limited, Measurement Specialties, Micro-Epsilon Messtechnik, Amphenol Advanced Sensors, and Sensirion AG.

For more details on the report, Read- https://www.insightprobing.com/mozzarella-cheese-market-driven-by-growing-demand-for-italian-cuisine/

Get more insights on this topic: https://www.insightprobing.com/polyphenylene-sulfide-pps-market-share-analysis/

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