What is the global market size of the Individual Quick Frozen Cheese Market?

Global Individual Quick Frozen Cheese Market size was valued at USD 6.24 billion in 2021 and is poised to grow from USD 6.52 billion in 2022 to USD 9.52 billion by 2030, growing at a CAGR of 4.48% in the forecast period (2023-2030).

Individual Quick Frozen Cheese Market Size, Share, Growth Analysis, By Product(Mozzarella, Cheddar, Parmesan, Others), By Source(Cow Cheese and Goat Cheese), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Global Individual Quick Frozen Cheese Market?

Global Individual Quick Frozen (IQF) Cheese market is highly competitive, with numerous players competing for market share. The key companies operate in various regions and offer a wide range of IQF Cheese products to cater to the diverse needs of consumers. The competitive landscape of the IQF Cheese market is constantly evolving, with new players entering the market and existing players expanding their product offerings. In order to remain competitive, companies in the market are focusing on product innovation, development of new technologies, and expansion of their distribution channels. 'Arla Foods', 'Fonterra Co-operative Group Limited', 'Glanbia Nutritionals', 'Grande Cheese Company', 'Kraft Heinz Company', 'Lactalis Group', 'Leprino Foods Company', 'Murray Goulburn Co-operative Co. Limited', 'Pacific Cheese Co., Inc.', 'Saputo Inc.', 'Schreiber Foods Inc.', 'Associated Milk Producers Inc.', 'Hilmar Cheese Company, Inc.', 'Emmi Group', 'Swiss Valley Farms', 'The Cheese Company', 'The Hain Celestial Group, Inc.', 'Tholstrup Cheese A/S', 'Vatland Cheese LLC', 'Yili Group'

Q: Which region accounted for the largest share in the Global Individual Quick Frozen Cheese Market?

Europe dominated the global market. It is encouraging for quick meals and ready-to-go items in the region's foodservice industry that there is growing awareness of the advantages of IQF over conventional freezing techniques. The health advantages of goat cheese, such as a lower risk of allergies, easy digestion, and a lower risk of infantile constipation, have also contributed to a sharp rise in demand over the past ten years.

Report ID: SQMIG30I2169 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 62 | Figures: 75

Individual Quick Frozen Cheese Market News

In October 2022, Calabro Cheese Corp., a U.S. company, will be fully acquired by Granarolo S.p.A. Ricotta, mozzarella, and burrata, three fresh dairy products products that Calabro Cheese Corp. produces and sells.

In August 2022, Whitehall Specialties Inc. (WSI), a provider of cheese ingredients in the United States, was acquired by Irish dairy cooperative Ornua for an unknown sum from Milwaukee, Wisconsin-based private equity firm Mason Wells. The purchase enhanced Ornua Ingredients North America (OINA), the company's U.S. ingredients subsidiary, and is essential to Ornua's long-term growth strategy in the cheese ingredients sector of the country.

Individual Quick Frozen Cheese Market Report Snapshots

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Individual Quick Frozen Cheese Market size was valued at USD 6.52 Billion in 2022 and is poised to grow from USD 6.81 Billion in 2023 to USD 9.67 Billion by 2031, at a CAGR of 4.48% during the forecast period (2024-2031).

Individual Quick Frozen (IQF) Cheese market is highly competitive, with numerous players competing for market share. The key companies operate in various regions and offer a wide range of IQF Cheese products to cater to the diverse needs of consumers. The competitive landscape of the IQF Cheese market is constantly evolving, with new players entering the market and existing players expanding their product offerings. In order to remain competitive, companies in the market are focusing on product innovation, development of new technologies, and expansion of their distribution channels. 'Arla Foods', 'Fonterra Co-operative Group Limited', 'Glanbia Nutritionals', 'Grande Cheese Company', 'Kraft Heinz Company', 'Lactalis Group', 'Leprino Foods Company', 'Murray Goulburn Co-operative Co. Limited', 'Pacific Cheese Co., Inc.', 'Saputo Inc.', 'Schreiber Foods Inc.', 'Associated Milk Producers Inc.', 'Hilmar Cheese Company, Inc.', 'Emmi Group', 'Swiss Valley Farms', 'The Cheese Company', 'The Hain Celestial Group, Inc.', 'Tholstrup Cheese A/S', 'Vatland Cheese LLC', 'Yili Group'

The IQF process helps extend the cheese’s shelf life, making it an attractive option for retailers and food service providers. This helps to reduce food waste and increase profitability for businesses. Therefore, there is an increase in production of cheese.

Companies are investing in research and development to create new frozen cheese products that meet consumers' changing needs and preferences. This includes the development of new flavors, textures, and packaging options. As consumers become more health-conscious, there is a growing demand for frozen cheese products that are lower in calories, fat, and sodium and contain natural, organic, or non-GMO ingredients.

Europe dominated the market. It is encouraging for quick meals and ready-to-go items in the region's foodservice industry that there is growing awareness of the advantages of IQF over conventional freezing techniques. The health advantages of goat cheese, such as a lower risk of allergies, easy digestion, and a lower risk of infantile constipation, have also contributed to a sharp rise in demand over the past ten years.

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Individual Quick Frozen Cheese Market Size, Share, Growth Analysis, By Product(Mozzarella, Cheddar, Parmesan, Others), By Source(Cow Cheese and Goat Cheese), By Region - Industry Forecast 2024-2031

Individual Quick Frozen Cheese Market News

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