Regional and country-level analysis and forecasts of the Europe Cheese Ingredients Market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped
According to the report “Europe Cheese Ingredients Market By Cheese Type (Processed Cheese And Natural Cheese), By Ingredients (Milk, Cultures, Enzymes, And Additives), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)” published by Market Data Forecast, the Europe Cheese Ingredients Market was worth USD 23.43 billion in 2016 and estimated to be growing at a CAGR of 3.15%, to reach USD 27.36 billion by 2021.
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The market shows evident potential in the mentioned forecasting period. Cheese is derived from milk and is produced in a wide range of flavours, forms and textures by the coagulation of the protein which is present in milk i.e.
Casein. Cheese is made of protein and fat from milk, usually the milk produced by cows, goats, buffalos, or sheep.
The pleasant taste and numerous application of cheese boost the European Cheese Ingredients Market.
Cheese takes account of chemical, biochemical, and microbiological processes and is considered as one of the most intricate dairy products. The major stages which take place in the making of cheese are milk coagulation, storage, acidification and packaging.
There are around 400 different varieties of cheese that can be created by different milk sources.
The market is driven by changing lifestyles and eating habits of the European population. In the recent times, UK, Spain, Italy, Germany are observing high demand of cheese and cheese based products majorly due to the growing urbanization.
cheese is rich in several proteins, vitamins, enzymes and minerals; this is fuelling the growth of the cheese ingredients market in this region. The major factor restraining the growth of the cheese ingredients market is the stringent regulations.
One such example is the ban on the use of milk powder or condensed milk in cheese manufacturing in Italy. These issues restrain the growth of the market.
The Europe Cheese Ingredients market is broadly categorized into Cheese Type (Processed Cheese and Natural Cheese). On the basis of type of Ingredients the market is further classified into Milk, Cultures, Additive, and Enzymes.
Enzyme-based cheese ingredients are projected to showcase high growth rate during the forecast period and Milk-based cheese ingredients accounted for the highest revenue of the overall market. Based on the geography, the Europe market is analysed under various regions namely UK, France, Spain, Italy,.
The cheese ingredients market was dominated by UK, with the overall market share of over 36%. UK was followed by France and Spain.
Some of the major players dominating the Europe Cheese Ingredients market:
- CSK Food Enrichment
- Fonterra Co-operative Group
- Chr. Hansen Holding A/A
- Koninklijke DSM N.V.
- E. I. du Pont de Nemours and Company
- Archer Daniels Midland Company
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