Report ID: SQMIG30I2169
Report ID:
SQMIG30I2169 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
62 |
Figures:
75
Global 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).
Demand for cheese kinds like mozzarella, parmesan, and cheddar is rising as fast-food consumption rises, especially pizza, spaghetti, and hamburgers. Both fast food chains and upscale restaurants frequently include cheese in their dishes. The expanding use of cheese in the food industry contributes to the expansion of the market in the B2B end-use application. The country's cheese business is predicted to grow due to ongoing efforts to increase cheese quality and extend its shelf life. While the pizza industry continues to develop and consumers are more likely to order a pizza when they go out for fast food than other foods, the growing demand for pizzas is to blame for the expansion of the mozzarella segment. Also, the numbers reported in BikeHike indicate that in 2021, there were about 78,092 pizza establishments in the United States, with about 53% of them being independent pizzerias. The number of chain restaurants—defined as those with 10 or more locations—rose to around 36,213 in 2021, which is a sign of the market's robust expansion in the United States for commercial foodservice.
US Individual Quick Frozen Cheese Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30I2169