Press Release Description
Rising Food Service Industry Expected to Boost Global Blue Cheese Market
The Global Blue Cheese Market size is around USD 1.44 billion in 2023 and projected to grow at a CAGR of 4.5% during the forecast period of 2024-30, cites MarkNtel Advisors in the recent research report. The increased consumer interest in gourmet and artisanal foods due to their unique texture and flavor is ascribed to market expansion. Moreover, the increasing demand for nutrient-rich food with easy availability is enabling the consumers to opt for blue cheese products. The growing health consciousness associated with prudent blue cheese use in various culinary cuisines is fueling market expansion.
Furthermore, the increasing food service business, including authentic restaurants and cafés around the world, plays a vital role in driving blue cheese demand. The cheese is used in a variety of culinary applications, including salads, dressings, and cheese platters. Chefs and businesses frequently employ blue cheese in various dishes, which drives market demand for blue cheese. It can be found in Italian salads, pastas, and sandwiches, as well as American burgers, steaks, and sauces. This adaptability makes it a valuable ingredient for establishments serving a wide range of global dishes. Thus, owing to its varied applications and extensive adaptability in diverse cuisines, blue cheese is projected to see increased use in the food service business driving the growth of the Global Blue Cheese Market.
Moreover, the increase in product innovations with blue cheese and the combination of new flavors and ingredients contributed to the market growth. Cheese manufacturers are indulged in the production of various blue cheese varieties with continuous innovation. This innovation is leading the consumers in trying new blue cheese offerings. For Instance,
- In March 2023, Climax Foods launched plant-based blue cheese for the U.S. food service as well as the retail sector. The cheese is for consumers looking for vegan options with unique flavored cheese.
Thus, the rising product innovation and continuous launches of unique products with blue cheese are augmenting the market growth and are expected to create immense opportunities in the forecast period.
Roquefort Segment Expected to Hold Major Market Share
Based on type, the market is segmented into Gorgonzola, Roquefort, Stilton, and others (Cabrales, Danablue etc.). Among them, Roquefort is expected to account for the majority of the market share owing to its unique and distinct flavor profile pleasing a vast consumer base looking for intense tangy and salty flavors. Furthermore, it is a versatile element in a variety of culinary uses. It can be used in salads, dressings, and sauces, as well as to improve the flavor of meats, burgers, and even desserts. Its adaptability appeals to both chefs and home cooks.
Additionally, with a growing interest in artisanal and traditional foods, the demand for Roquefort cheese is proliferating. The adherence of Roquefort cheese to a specific geographic region align with consumer preferences for authentic, small-batch, and heritage products, boosting market share during 2024-2030.
Cow Milk is Anticipated to Account for a Prominent Market Share
Based on source, the market is bifurcated into, Cow Milk, Sheep Milk, Goat Milk, and Others. Cow milk accounts for a major share in the market owing to its easy availability in large quantities making it a consistent and reliable source for blue cheese production to the manufacturers. The continuous supply of cow milk ensures the consistent production and product quality of blue cheese. Moreover, the fat content and flavor profile of cow milk further aid in the growth of this segment. Cow milk possesses medium to high fat content which contributes to the creamy texture and richness in the mouthfeel characteristic of blue cheese.
Additionally, the mild and sweet flavor of cow milk allows the blue cheese molds to dominate the flavor and offers the characteristic of blue cheese demanded by consumers. Hence, cow milk holds a considerable share in the Global Blue Cheese Market and expected to boost the market in the forecast period as well.
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market players, Lactalis, Arla Foods amba, Savencia SA, Fonterra Co-operative Group Limited, Shaft’s Cheese Company, LLC, Cashel Farmhouse Cheesemakers, Agropur Foodservice Solutions, Saputo Inc. (Alexis de Portneuf), Sodiaal, Organic Valley, Maytag Dairy Farms, BelGioioso Cheese, Inc., Vermont Cheese Council, and others are looking forward to strengthening their market position.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the globe?
- How has the industry been evolving in terms of geography & solution adoption?
- How has the competition been shaping across various regions?
- How have the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2019-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
Place an order
100% Safe & Secure
Strongest encryption on the website to make your purchase safe and secure