To note, in March 2024, Sargento extended its refrigerated snack category and introduced new products to its natural cheese segment by introducing Sargento Fun! Balanced Breaks, Sargento Fiesta Pepper, and Smokehouse String Cheese Snacks. It is important to note that this move expanded its existing product offering in the snack category, which is already on the market.
For example, in August 2023, Ornua’s international brand, Kerrygold, launched ready-to-eat cheese sticks in the form of new Kerrygold Cheese Snacks. These are currently sold at some grocery stores in the US and are offered in packs of eight sticks, which are also gluten-free and a good source of protein. These types of snacks are useful for quick snacks, lunches for children and cheese platters for adults and children. These companies have launched new products that have attracted more customers. Major actors are already witnessing high sales and returns by focusing on the cheese snack market.
Children and teenagers are finding these products, especially cheese snacks, incredibly beneficial as they are increasingly replacing full meals with snacks. The recent launch of cheese in premium formats as a complement to other dishes has also provided tremendous impetus to the sales of these products in the market.
In June 2022, Mars and Perfect Day, a start-up in food technology, entered into a partnership. As a consequence of this cooperation, Mars would bring to the American market for the first time CO2COA, the world’s first chocolate that does not utilize the services of animals. Clients are able to buy the last CO2COA chocolate, which has smooth, soft chocolate that is lactose-free and eco-friendly.
In May 2022, Utz Brands established a partnership with the Needham-based firm Grillo's Pickles. Under this agreement, Utz was to launch a new chip product that would be sticky and temporary. Also, this partnership was said to give Utz an opportunity to promote a unique brand of Utz Cheese Balls, which is theirs.
In April 2022, Bel Brands USA commenced playing the Babybel, a plant-based rudimentary cheese snack made from mozzarella style. This snack was designed to mimic the flavor of mozzarella cheese and is a good source of calcium and B12 vitamins. It is claimed that this product became iconic, having beautiful packaging that was to label it as plant-based.
For instance, In 2021, Kellogg's Co. expanded its Pringles portfolio by launching three new flavors- Kickin' Sour Crème (Medium), Spicy BBQ (Hot), and Cheese & Chili (Extra Hot). The addition of these three flavors helped the company in attracting a wider clientele base. With regard to the cheese-snacking market, some top players have so far managed to achieve impressive sales and profit margins. In children and teenagers snacks are more likely to satiate hunger pangs than meals do. An interesting development recently was the addition of spectacular cheese as a dip for cheese-based snacks and cheese-contained snacks.
Cheese Snacks Product Type Outlook
Baked
Fried
Others
Cheese Snacks Distribution Channel Outlook
Store-Based
Non-Store-based
Cheese Snacks Regional Outlook
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
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