Published on : Aug 06, 2018
Albany, New York, August 6, 2018: Cheese is something that many people love. It has now become an indispensable ingredient for snacks as it adds a salty appeal to normal food. Moreover, cheese is a source of calories, and hence, cheese snacks are viewed as an important snack in emergency situations. Recently a freshly compiled study titled “Global Market Study on Cheese Snacks: HoReCa to Catch up with Bakery in Terms of Consumption of Cheese Snacks” has been broadcasted to the wide repository of Market Research Hub (MRH), which analyses the historical trends in the cheese snacks market and offers a detailed forecast for the period 2017-2025. For its readers, the report also examines competition landscape in the global market of cheese snacks and profiles some of the key players operating in the market.
It has been analyzed that the demand for cheese snacks has risen widely in households owing to the changing patterns and frequent snacking between meals. In fact, they are popular in regions such as North America and Europe, and now, the demand for cheese snacks has spread across the world. According to the research evaluations, the global cheese snacks market is expected to rise at an impressive CAGR of 5.2% during forecast 2017-2025.
In the initial section, the research presents a detailed overview of the market covering introduction, types and major application. It also discusses a couple of facets, for example, drivers, obstacles, and predictions that have been found in the global market. Furthermore, segmental analysis has been presented in the study which highlights market growth on the basis of region, product type, cheese type, franchise outlets and distribution channel. By cheese type, the study covers cheddar, gouda, mozzarella and others. In terms of product type, it includes baked, frozen snacks and fried. Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
A major fact observed during the research is that consumers around the world are becoming more health conscious and aware of the type of food they should eat ad diet they should follow, the demand for healthy snack options is increasing at a rapid rate. Cheese owns the tag of a ‘naturally functional whole food’. Hence, numerous manufacturers are marketing cheese snack as a healthy snack. Due to this, the consumption has increased widely. The introduction of different types of cheese in snacks holds a key to the immense market potential for the cheese snacks market, finds the study.
Later, a section comprises detailed profiles of key players functioning across the globe. They include Sargento Foods Incorporated, ITC Limited, Amy's Kitchen, Inc., PepsiCo, Inc., Estate Cheese Group LLC, The Kraft Heinz Company, Mars, Incorporated, U&S Unismack S.A., Rich Products Corporation, McCain Foods Limited, General Mills, Inc., TINE SA, Europe Snacks S.A., UTZ Quality Foods, LLC., Fonterra Co-operative Group Limited, EnWave Corporation, Godrej Industries Limited, Kerry Group plc, Parle Products Pvt. Ltd. and Kellogg Company.
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