Blue-Veined Cheese Market Analysis, Application trends, Forecast to 2024
Posted: May 26, 2017
Global Blue Veined Cheese Market size will grow at a substantial rate owing to its health benefits. The product is gaining popularity worldwide as it is available in varied flavors, types, and colors.
Cheese is a source of minerals, proteins, and vitamins, made by coagulation of milk protein. It was originated in Italy and is a soft dairy product. Milk obtained from various sources is ripened along with penicillium mold to form blue veined cheese. It has features such as off white color with blue, gray, green veins or black spots over it. It possesses a tangy flavor and has creamy, soft and smooth texture. Eye appealing texture, color and desired taste is increasing demand of the product and in turn driving blue veined cheese market.
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Blue vein cheese offers many health benefits apart from its tempting taste and appearance. It is a rich source of nutrients that reduces health risk. It consists of proteins and vitamins that boost immunity system and memory. It provides benefits in health problems such as dental health, osteoporosis, and arthritis. It has the properties of being anti-inflammatory and anti-cellulite. Increasing consumer awareness regarding health benefits of the product is likely to boost blue veined cheese market in forecast period.
Technological advancement in dairy products, health awareness of milk products, thriving demand of fast food, and modernizing food habits are further contributing in consumption of blue veined cheese. Global milk production has grown by nearly 50 percent in past three decades and had reached to 769 million tons in 2013 from 500 million tons in 1983. Positive outlook of milk industry and its consumption is likely to propel blue veined cheese market in the forecast timeframe.
Blue veined cheese is majorly obtained by cow milk, whereas other sources such as yak, reindeer, goat and sheep have comparatively low share in production of the product. It is produced by different production types that include natural cheese and processed cheese. Processed cheese is obtained by bacterial growth, additives and enzymes action in fresh milk. This kind of cheese is available in various textures such as soft cheese, semi-soft cheese, semi hard cheese, and hard cheese. But, escalating cost of dairy products and milk, high fat content in cheese can hamper blue veined cheese market in near future.
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Based on product type, blue veined cheese market is segmented as danish blue cheese, danablu, cashel blue, stilton cheese, roquefort cheese, gorgonzola cheese, and others. This cheese is available to consumers through various distribution channels namely online stores, wholesalers, specialty shops, and retail shops. It is used in multiple food products including burgers, pizzas and other bakery products.
India is world’s biggest milk producer, with around 18% share in global milk production. Higher milk produce leads to surge in dairy products consumption and cheese production. China and Pakistan also contribute majorly in milk production making Asia Pacific a significant contributor in global blue veined cheese market in the forecast period. Concept of cheese was evolved from Italy; further western countries have a modernized food habits that boost consumption of dairy products like cheese in these countries. Additionally, Europe has a per capita milk consumption of 150 kg per year that provides the region a significant share in blue veined cheese market. Africa is witnessing a slow growth rate in milk production as compared to other developing regions, due to unfavorable climatic conditions and increasing poverty level. U.S. had high milk surplus in past five years and has a considerable demand of fast food products, which uses cheese as an ingredient. It had registered a decent growth in dairy products consumption along with technological development in the sector. Thus, North America will depict a growing scenario in blue veined cheese market in next seven years.
Prominent manufacturers in the market are Willow Hill Farm, Vermont Shepherd LLC, Cowgirl Creamery, Grafton Village Cheese, Saputo Cheese USA Inc, The Isle of Wight Cheese Company Ltd, WAIMATA CHEESE COMPANY, Shaft’s Cheese Company, LLC, Fonterra Co-operative Group and ARLA Foods.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services.