IQF Cheese Market Size, Share Global Analysis Report, 2019 - 2026

Industry Insights

[110+ Pages Report] According to the report published by Facts Factors, the global IQF cheese market size was worth around USD 735 million in 2019 and is predicted to grow to around USD 1010 million by 2026 with a compound annual growth rate (CAGR) of roughly 5% between 2020 and 2026. The report analyzes the global IQF cheese market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the IQF cheese market.

The report on the global IQF Cheese market is a prominent source that delivers 360-degree analysis of the IQF Cheese market. The report offers premium insights for an investor to identify current trends and opportunities for the IQF Cheese market. It also highlights the factors propelling the growth of the IQF Cheese market and challenges in front of the IQF cheese market with respect to type and application. The report is delivered by subject matter experts of the domain who tracked global IQF Cheese products across the global regions.

The report is an outcome of the humble efforts of subject matter experts and analysts to deliver a detailed analysis of the global IQF Cheese market.  For the primary research, the team has conducted interviews with the CEO, VPs, marketing managers, purchase managers, distributors, suppliers, and investment bankers working in the food and beverages (Dairy) domain. While the secondary research is conducted by referring to annual reports of leading companies, investor presentations, National government data, and press releases of the IQF Cheese market.

Key Insights from Primary Research

• As per our primary respondents, the IQF Cheese market is estimated to grow yearly at a rate of around 5%
• It was recognized through primary research that the IQF Cheese market was valued at around USD 735 Million in 2019.
• In terms of volume, the IQF Cheese market was at around 90 Kilo Tons, in 2019.
• On the basis of segmentation by type “Block & Cubes” category, was the leading revenue-generating category accounting for around 38% share, in 2019.
• On the basis of sales channel segmentation, the “Premium Food Service” category held the leading share at more than 45%, in 2019.

Key Recommendations from Analysts

• As per our Analysts, the IQF market is primarily concentrated in Europe, owing to the larger per capita consumption of the countries in the European region. The tradition and food culture in European countries boosts the use of cheese in the meals which is expected to propel the IQF cheese market in Europe.
• Entering the manufacturing of block and cube cheese is expected to fetch larger volumes due to expected demand from the end-user market. The end-user market is more leaned toward cheese with longer shelf life, economical price range, and minimum additives.
• The global market for IQF cheese is driven by an upsurge in the number of restaurants, fast food joints, and fast-service restaurants. Owing to the rise in income range and change in living standards, the number of fast-food joints or restaurants has increased. These means are augmenting the use of cheese which is expected to propel the IQF cheese market.
• Higher investment in the freezing deep equipment holding investors back from investing in the IQF cheese market. But prevention from the formation of lumps and longer shelf life is propelling investors to invest in the IQF cheese market.
• IQF cheese is expected to have a significant opportunity in the pizza-making food chains in the forthcoming time.

The report also delivers the competitive landscape of leading market players to make the investor aware of gross profit margin, sales, and volume generated by competitors, an existing product line of the competitors with their features. It also highlights the strategic development and business strategy of the company to enter the IQF Cheese market.

Report Scope

The global market for IQF cheese is expected to drive by an increase in the number of restaurants, fast food joints, and fast-service restaurants. Due to the rise in income range and change in living standards and modernization, the number of fast-food joints or restaurants has increased. These means are augmenting the use of cheese which is expected to propel the IQF cheese market.

Some of the leading players in the global market include

• Granarolo
• St. Paul
• CASA Radicci
• Eurial
• The Dairy Kompany Ltd.
• Consorzio Dal Molise
• Mos a Mos
• Couturier North America

This report segments the IQF Cheese market as follows:

By Type Segment Analysis

• Cow Milk Based
• Goat Milk Based

By Usage Type Segment Analysis

• Shredded
• Block & Cubes
• Slices
• Sticks & Ropes
• Pearls

By Sales Channel Segment Analysis

• Premium Food Service
• Non-Premium Food Service
• B2B

Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-East Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• The Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of Middle-East Africa

Key Pointers Addressed by the Report

• Historical data and forecast analysis of the market
• Drivers and Restraints affecting market dynamics
• Exhaustive analysis of the future market trends
• Comprehensive information about the leading market segments and region
• Strategic developments made by the competitive players and in-depth analysis of their impact on market growth