Cheese Market in India Overview:
IMARC Group’s latest research report, titled “Cheese Market in India Share: Industry Trends, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The Indian cheese market size reached a value of INR 56.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 211.5 Billion by 2027, exhibiting a CAGR of 24.3% during 2022-2027. Cheese is a dairy product that can be either firm or soft. Consisting of compressed and usually ripened curd of milk separated from the whey, it is a rich source of vitamin A, vitamin B-12, calcium, fat, protein, phosphorus, riboflavin, and zinc. It is extensively used in the preparation of numerous dishes, such as pasta, pizzas, burgers, sandwiches, wraps, tacos, cheesecakes, and garlic bread.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Players Included in Indian Cheese Market Research Report:
- GCMMF
- Parag Milk Foods
- Britannia
- Mother Dairy
Important Attribute and highlights of the Report:
- Detailed analysis of the market share
- Market Segmentation by type, format, application and retail/institutional.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Indian Cheese Market
- Strategies of major players and product offerings
Market Trends:
The market in India is majorly driven by significant growth in the food and beverage industry. This, in confluence with the rising influence of western culture and the inflating disposable incomes of the masses, is significantly contributing to the market growth. Furthermore, the easy availability of different varieties of cheese via online and offline organized retail channels is providing a boost to market growth. Moreover, the increasing working population and the changing food consumption patterns of individuals are also creating a positive outlook for the market across the country.
Key Market Segmentation:
Breakup by Type:
- Processed Cheese
- Mozzarella
- Cheddar
- Emmental
- Ricotta
- Others
Based on types, processed cheese currently represents the most popular type of cheese in India, accounting for the majority of the overall market share. It is followed by mozzarella, cheddar, Emmental, ricotta and others.
Breakup by Format:
- Slices
- Diced/Cubes
- Shredded
- Blocks
- Liquid
- Crème
- Cheese Spreads
The market has also been classified on the basis of formats into slices, diced/cubes, shredded, blocks, liquid, crème and cheese spreads. Amongst these, cheese slices dominate the market across the region.
Breakup by Application:
- Pizzas
- Burgers
- Sandwiches
- Wraps
- Cakes
- Others
On the basis of applications, the market has been segregated into pizzas, burgers, sandwiches, wraps, cakes, and others. Pizzas currently represent the largest application segment of cheese in India.
Breakup by Retail/Institutional:
- Retail
- Institutional
Based on retail and institutional sectors, institutional sector currently dominates the market. The institutional segment consists of hotels, restaurants, and cafeterias in schools, colleges and hospitals, whereas the retail segment includes supermarkets/hypermarkets, department stores, malls and retail shops.
Regional Insights:
- Karnataka
- Maharashtra
- Tamil Nadu
- Delhi
- Gujarat
- Andhra Pradesh and Telangana
- Uttar Pradesh
- West Bengal
- Kerala
- Haryana
- Punjab
- Rajasthan
- Madhya Pradesh
- Bihar
- Orissa
TOC for the Indian Cheese Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Indian Cheese Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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Also Read: https://wirelly.com/indian-pasta-market-growth-report-2022-2027/
