USD 12.21 billion
Report ID:
SQMIG30I2104 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|Tables:
60
|Figures:
75
Global Fromage Frais and Quark Market size was valued at USD 12.21 billion in 2022 and is poised to grow from USD 12.54 billion in 2023 to USD 15.52 billion by 2031, growing at a CAGR of 2.70% during the forecast period (2024-2031).
Fromage frais and quark are soft, creamy dairy products popular in European cuisine. Fromage frais, French for "fresh cheese," is a smooth and creamy cheese made from whole or skimmed milk. It has a tangy flavor and is often used as a spread or dip. Fromage frais is low in fat and calories and is often used as a healthy alternative to cream cheese or sour cream. Quark, on the other hand, is a German-style cheese that is similar to fromage frais but has a slightly grainy texture. It is made by curdling milk with a bacterial culture and then straining the resulting curds. Quark is also low in fat and calories and is often used as a base for dips, spreads, and desserts. Both fromage frais and quark are versatile ingredients that can be used in a variety of dishes, from savory to sweet. They are commonly used in dips, spreads, sauces, and desserts, and can be flavored with herbs, spices, and fruits to create delicious and healthy dishes. North America is also a significant market for fromage frais and quark, driven by increasing health consciousness among consumers and growing demand for healthy and natural foods. The United States is a major market for these products in the region, with a large population of health-conscious consumers seeking low-fat, high-protein options. In Asia Pacific, the market is growing rapidly due to increasing disposable income, urbanization, and rising health and wellness awareness. China, India, and Japan are the region’s key markets for these products.
US Fromage Frais and Quark Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 12.21 billion
Largest Segment
Food and Beverage Manufacturing
Fastest Growth
Food and Beverage Manufacturing
Growth Rate
2.70% CAGR
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Global Fromage Frais and Quark market is segmented by application, distribution channel, and region. Based on application, the Fromage Frais and Quark Market can be segmented into food and beverages manufacturing, and household consumption. Based on distribution channel, the Fromage Frais and Quark Market is segmented into online retail, and offline retail. Based on region, the Fromage Frais and Quark Market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Fromage Frais and Quark Market Analysis by Application
By Application, the market can be segmented into food and beverages manufacturing and household consumption. The food and beverages manufacturing segment dominated the global market. This segment includes various industries such as dairy products, bakery, confectionery, etc. The increasing demand for healthier food options has resulted in the growth of this segment. Fromage Frais and Quark are widely used in the food and beverages industry for making desserts, dips, dressings, and many other food products. The high demand for these products in the food and beverages industry is expected to drive the market growth in this segment.
The household consumption segment is the fastest growing segment of the Global Fromage Frais and Quark market. This segment includes consumers who purchase these products for their personal consumption. The increasing awareness of the health benefits of consuming Fromage Frais and Quark drives the demand for these products in the household consumption segment. The rise in disposable income and changing lifestyle patterns have increased demand for healthy food options, which is expected to further drive the market growth.
Fromage Frais and Quark Market Analysis by Distribution Channel
By distribution channel, the market can be segmented into offline retail and online retail. The offline retail segment dominated the global market. This segment includes various retail formats such as supermarkets, hypermarkets, and convenience stores. The high demand for these products in retail is driven by convenience, availability, and product variety. In addition, the in-store shopping experience allows consumers to physically examine the products before making a purchase decision.
The online retail segment is expected to grow at the fastest CAGR. The rise of e-commerce platforms and increasing internet penetration have resulted in a growing demand for online retail of food products. The convenience of online shopping, availability of a wide range of products, and competitive pricing are driving the growth of the online retail segment. Moreover, the COVID-19 pandemic has further accelerated the shift towards online shopping, which is expected to continue in the future.
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North America dominated the global market due to the rising demand for low-fat dairy products. The United States is North America's largest market for fromage frais and quark, driven by a growing number of health-conscious consumers looking for healthy, protein-rich options. The increasing popularity of high-protein diets among fitness enthusiasts and athletes is also contributing to the growth of the market in the region.
In APAC, the market is expected to experience the fastest growth in the coming years, driven by rising disposable income, increasing urbanization, and a growing health and wellness awareness. Countries such as China, India, and Japan are the region’s key markets for these products. The rising trend of healthy snacking and the popularity of Western-style foods and diets are also contributing to the growth of the market in APAC.
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Fromage Frais and Quark Market Drivers
Increasing demand for convenient food
Fromage Frais and Quark Market Restraints
Increasing concerns around health and wellness
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Global Fromage Frais and Quark market is highly competitive, with numerous players operating in the market. Major players are focusing on product innovation and portfolio expansion to gain a competitive advantage in the market. Other strategies adopted by these players include mergers and acquisitions, partnerships, and collaborations to strengthen their market position. Key players in the market include Danone S.A., Nestlé S.A., Arla Foods amba, and Lactalis Group, among others. The intense competition in the market is expected to drive further innovation and growth in the future.
Fromage Frais and Quark Market Top Player’s Company Profiles
Fromage Frais and Quark Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our Global Fromage Frais and Quark market analysis, the market growth is driven by increasing consumer demand for healthier food options. The market is segmented based on application into food and beverages manufacturing and household consumption, with the former dominating the market. In terms of distribution channels, the offline retail segment is the dominant segment, while the online retail segment is the fastest growing due to the rise of e-commerce platforms and increasing internet penetration. Another key trend in the market is the rising demand for plant-based alternatives. The market is expected to continue growing in the future, driven by changing consumer preferences and the increasing availability of innovative products.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 12.21 billion |
Market size value in 2031 | USD 15.52 billion |
Growth Rate | 2.70% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Fromage Frais and Quark Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Fromage Frais and Quark Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Fromage Frais and Quark Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
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Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
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Report ID: SQMIG30I2104
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