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MOZZARELLA CHEESE MARKET ANALYSIS

Mozzarella Cheese Market, By Form (Shredded, Slices, Blocks, and Cubes), By Milk Source (Buffalo, Cow, Sheep, and Goat), By Application (Commercial Use and Residential Use), By Distribution Channel (B2B (Business to Business) and (B2C (Business to Consumer) (Hypermarkets and Supermarkets, Departmental Stores & Convenience Stores, and Online Stores)), and By Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : Mar 2023
  • Code : CMI2968
  • Pages :218
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages

Mozzarella Cheese MarketSize and Trends

The Global Mozzarella Cheese Market was valued at US$ 36.7 BN in 2022, and is expected to exhibit a CAGR of 6.46%, in terms of revenue, over the forecast period (2023-2030), to reach US$ 56.9 Bn by 2030. Mozzarella cheese is low-fat cheese. Increasing awareness regarding health issues caused by food containing high fats and calories such as cardiovascular diseases has led to a high preference for mozzarella cheese. The market growth is attributed to the focus of key players in the market on offering various mozzarella cheese products. For instance, WhiteWave Foods Company's is a leading consumer packaged food and beverage company that manufactures, markets, distributes, and sells branded plant-based foods and beverages, coffee creamers and beverages, premium dairy products and organic produce throughout North America and Europe. 'Horizon Organic brand offers organic mozzarella string cheese. Saputo Cheese USA Inc. is one of the top ten dairy processors in the world, a leading cheese manufacturer and fluid milk and cream processor in Canada, and the top dairy processor in Australia and Argentina.  Saputo, also offers cheese snacks in the form of string cheese, swirl cheese, cheese sticks, and cheese snack bars as everyday snack items.Among milk sources, the buffalo segment is expected to gain a significant market share during the forecast period, owing to the creamier, softer, and more flavourful properties of buffalo milk-based mozzarella cheese over cow, sheep, and goat milk-based mozzarella cheese. Moreover, buffalo-based mozzarella cheese has certain health benefits such as it is low in calories compared to other varieties of cheese such as cheddar. It is also a rich source of calcium and protein.

Market- Trends

Global Mozzarella Cheese Market - Growth Drivers

  • Increasing Demand for Pizza Industry

Pizza is the largest end-use segment for mozzarella cheese, and as the pizza industry continues to grow globally, it creates a significant demand for mozzarella cheese. For instance, the global pizza market size was valued at US$ 178,533.6 million in 2022 and is expected to expand at a CAGR of 6.53% during the forecast period, reaching US$ 260,982.48 million by 2030.

  • Increasing Health Consciousness

Mozzarella cheese is considered a healthier option compared to other types of cheese used due to its lower fat and calorie content. As consumers become more health conscious, they are choosing mozzarella cheese as a healthier option in their diets. This factor led to an increase in the demand for low-fat and reduced-fat mozzarella cheese products.

  • Increasing Demand for Convenience Foods

Consumers are looking for convenient food options that require less time and effort to prepare. For instance, mozzarella cheese is used in many ready-to-eat products, such as frozen pizzas and microwaveable meals, which has boosted the demand for this type of cheese.

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