Mozzarella Cheese Market Size Is Anticipated To Reach USD 67.79 Billion By 2032, At A CAGR Of 6.80% From 2023 - 2032
Mozzarella Cheese Market Trends, Growth, Forecast 2032 | MRFR
Market Research Future (MRFR) has published on the “Global Mozzarella Cheese Market”.
The mozzarella cheese market is estimated to register a CAGR of 6.80% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the mozzarella cheese market— The Kraft Heinz Company, Fonterra Co-operative Group Limited, Groupe Lactalis S.A., Grande Cheese Company, Arla Foods Inc.
Mozzarella Cheese Market Highlights
The mozzarella cheese market is accounted to register a CAGR of 6.80%during the forecast period and is estimated to reach USD 67.79 billion by 2032.
The mozzarella cheese market is driven by factors like the increasing demand for convenient and ready-to-eat foods, rising consumer preference for Italian cuisine globally, and growing popularity of cheese-based snacks and fast food items. However, challenges such as fluctuating milk prices, stringent regulations related to cheese production and labeling, and competition from alternative cheese products pose restraints. Opportunities lie in product innovation, expanding distribution channels, and tapping into emerging markets, while challenges include maintaining product quality, ensuring supply chain efficiency, and addressing sustainability concerns in dairy production.
Segment Analysis
The mozzarella cheese market has been segmented into product form, type and distribution channel.
On the basis of Product Form, the market is segmented into Blocks, Cubes, Slices, and Spreads & Spray. The slices segment was attributed to holding the largest market share in 2022. Sliced mozzarella cheese provides convenience for consumers, simplifying its use in different culinary uses like sandwiches, pizzas, and salads. The popularity of pre-sliced mozzarella meets the needs of busy consumers looking for convenient and portioned cheese options, boosting the presence of sliced mozzarella in the market.
Based on Type, the mozzarella cheese market has been segmented into Mozzarella, Reduced-fat Mozzarella, and Reduced-sodium Mozzarella. The mozzarella segment was expected to hold the largest market share in 2022. Mozzarella cheese has a prominent market presence because of its versatile use in different dishes like pizzas, salads, and sandwiches.
Based on Distribution Channel, the mozzarella cheese market has been segmented into Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retail. The supermarkets/hypermarkets segment was expected to hold the largest market share in 2022. The primary distribution channel is Supermarkets/Hypermarkets, where consumers can find a diverse selection of mozzarella cheese brands and products in one place.
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Regional Analysis
The mozzarella cheese market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe mozzarella cheese market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The mozzarella cheese market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World mozzarella cheese market comprises of Middle East, Africa, and Latin America.
The largest market share for mozzarella cheese was maintained by the North American regional sector.This increase is attributed to the widespread popularity of Italian cuisine, which often incorporates mozzarella cheese, has significantly contributed to its demand in North America. Secondly, the region's thriving foodservice industry, including restaurants, fast-food chains, and pizza outlets, drives the consumption of mozzarella cheese as a key ingredient in various dishes. Additionally, the growing trend of at-home cooking and the increasing consumption of cheese-based snacks further bolster the demand for mozzarella cheese in the North American market.
Moreover, the Europe market has been persistently growing over the forecast period. The demand for mozzarella cheese is driven by the increasing popularity of Italian cuisine across Europe and the growing trend of cheese consumption as a protein-rich snack have further fueled the growth of the mozzarella cheese market in the region. Furthermore, the presence of well-established dairy industries and stringent quality standards for cheese production ensure the availability of high-quality mozzarella cheese products, further driving market growth in Europe.
Additionally, Asia Pacific is anticipated to experience the quickest growth in the mozzarella cheese market due to several factors. Firstly, there is a rising trend of Westernization and urbanization in many countries across the region, leading to an increased adoption of Western food habits, including the consumption of cheese-based products like pizza, burgers, and sandwiches. This shift in dietary preferences, coupled with the growing influence of global fast-food chains and the expanding middle-class population with higher disposable incomes, is driving the demand for mozzarella cheese in Asia Pacific.
Furthermore, the rest of the world's mozzarella cheese market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the increasing globalization and urbanization in these regions, there is a growing influence of Western food culture, leading to a higher demand for cheese products like mozzarella. Furthermore, the expanding middle-class population and rising disposable incomes in these regions are driving the growth of the food industry, including the demand for cheese. However, challenges such as limited dairy infrastructure, logistical constraints, and socio-economic factors may pose hurdles to the expansion of the mozzarella cheese market in these regions.
Key Findings of the Study
- The mozzarella cheese market is expected to reach USD 67.79 billion by 2032, at a CAGR of 6.80% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market due to the increased adoption of Western food habits.
- Based on distribution channel, the supermarkets/hypermarkets segment was attributed to holding the largest market in 2022, with an approximate market share of 45–55%.
- The Kraft Heinz Company, Fonterra Co-operative Group Limited, Groupe Lactalis S.A., Grande Cheese Company, Arla Foods Inc.