Low Fat Cheese Market: Global Industry Analysis and Forecast 2023-2029

Low Cheese Fat market  is anticipated to be worth $84.74 billion. The market is estimated to increase at a CAGR of 3.9% over the forecast period, reaching a value of US$ 110.76 billion in 2029.
Low Fat Cheese Market Overview:
Low-fat cheese is a type of dairy merchandise that is lower in calories and cholesterol since it has less than 30% fat. It's also mentioned as light or low calorie. Low-fat cheese has less drenched fat and low-density cholesterol, both of which are allied to an increased risk of heart disease. This cheese comes in variability of forms and is a healthier substitute for regular cheese.

Many types of low-fat cheese, as well as low-fat milk, are obtainable from food constructors. Pizzas, salads, and hot dogs are some of the goods that employ low-fat cheese. Low-fat cheese comprises fewer saturated fats and low-density cholesterol, two factors accompanying increased risk of heart disease. This cheese is available in a variety of formats and is a healthier substitute for traditional cheese. Food manufacturers offer a variability of low-fat cheese options, as well as low-fat milk. To know about the Research Methodology :- Request Free Sample Report
Low Fat Cheese Market Dynamics:
An upsurge in demand from the fast-food manufacturing and rising concerns of corpulence:

Switching from full fat to reduced-fat dairy products gives various health advantages such as lowering energy intake, avoiding weight gain and lowering saturated fat intake. Saturated fat ingestion boosts blood cholesterol levels, cumulative the risk of heart disease. Switching from full fat to reduced-fat dairy products drops energy intake, avoids weight gain and lowers saturated fat intake. Saturated fat depletion boosts blood cholesterol levels, increasing the risk of heart disease. Additionally, fluctuating standards of living, as well as taste and preferences regarding food choices, the rising concern about childhood plumpness, the emergence of improved distribution channels, and consumer acceptance of advanced technology are all factors that are likely to accelerate the growth of the low-fat cheese market.

The primary parameters that determine the taste of food are lowering sodium and fat content which is hampering the growth of the market:

Reduced sodium may decrease appetitive salt and sweet flavour while growing unpleasant bitter taste, according to taste inclinations. A decrease in the observation of appetitive salty and sweet tastes may also lead to a decline in the awareness of appetitive odours associated with those tastes. However, Sodium is an inanimate that can be found in a variety of foods. For normal muscle and nerve accomplishments, the human body requires salt. It also aids in the equipoise of body fluids. Sodium chloride is used to make the majority of table salt which is the major reason for hampering the market.

The quantity of cholesterol in low-density lipoproteins is giving a huge opportunity for the market:

Low-fat cheese is predictable for lowering the quantity of LDL cholesterol, which is associated with an increase in the risk of cardiovascular disease. Manufacturers are presently concentrated on the creation of low-fat cheese in types like provolone, mozzarella, and cheddar to suit the ultimatum of health-conscious consumers who do not want to detriment on taste. As a result, low-fat cheese is being used more commonly in salads, hotdogs, sandwiches, and pizzas which is giving lucrative growth for the market.

Impact of COVID-19 in Low Fat Cheese Market:

The COVID-19 pandemic has harmed various diligences around the world, comprising the Low Fat Cheese market. The Low Fat Cheese market study includes long and comprises a list of leading manufacturers as well as tables and figures.
Low Fat Cheese Market Segment Analysis:
By Product, the market is segmented into Feta, Ricotta, Mozzarella Sticks, Hard Cheese and Others. The Ricotta segment is expected to hold the highest market share in terms of revenue by 2029. Ricotta is a type of cheese made primarily from cow's milk. Ricotta comes in a variety of consistencies, from soft to dry. Salted dissimilarities, such as smoked cheese, are commonly employed in the kitchen, but unsalted varieties, such as baked ricotta, are eaten as introductions or sweets.However, the Mozzarella Sticks is expected to grow at a CAGR of 4.2% during the forecast period. Mozzarella is a low fat snacking cheese as well. These sticks are characteristically branded as part-skim and comprise a minimum of 6 grammes of fat, 7 grammes of protein, 86 calories, and more than 200 milligrammes of calcium. Shredded mozzarella prepared with part-skimmed milk is a popular choice among customers since it melts quickly on homemade pizza or grilled cheese sandwiches which is a major reason for driving the growth of this segment.

By Distribution Channel, the market is segmented into Store-based and Online. The Store-based segment is expected to hold 62.3% of the overall market share in terms of revenue by 2029. Hypermarkets and supermarkets, convenience stores, mixed retailers, food specialists, and independent small grocers are all part of the channel. Most customers nowadays favour a variety of options under one rooftop, therefore store-based distribution channels provide them composed with a variety of inducements to encourage sales. Every month, for example, Big Bazaar and Star Bazaar have different mark-down deals on all supermarket items, including dairy products. As a result, the petition for low-fat cheese, mainly cottage cheese and mozzarella, has soared.

However, the Online segment is expected to grow at a CAGR of 7.3% during the forecast period. Another significant method for low-fat cheese sales is online sources such as food delivery and grocery apps. Restaurants on mealtime delivery apps like Swiggy and Zomato serve vigorous and low-fat fast food made with mozzarella, processed cheese, and cheddar.
Low Fat Cheese Market Regional Insights:
The North American and European regions accounted for the largest market share in 2022 for the market. Due to the massive growth of the fast-food business and rising consumer consciousness, demand for low-fat cheese is expected to increase in this region in the next years. Due to increasing consumer health consciousness and demand for healthier food options in this region, CSA countries like Argentina and Brazil are among the main customers of low-fat cheese. The petition for low-fat cheese products is being fueled by all of the above-mentioned factors. Cheese dotcom, for example, introduced Provoked, a low-fat hard cheese that is an Argentinean dissimilarity to Provolone. It is regularly served as an appetizer or barbecued to give the dish a smoky flavour which is a major reason for fuelling the growth of the market in this region.

The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the market dynamics, structure by analyzing the market segments and projecting the market size. Clear representation of competitive analysis of key players by Technology, price, financial position, product portfolio, growth strategies, and regional presence in the market makes the report investor's guide.
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Low Fat Cheese Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2027


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 84.74 Bn.


Forecast Period 2023 to 2027 CAGR:
3.9%
Market Size in 2029:
US $ 110.76 Bn.


 Segments Covered:
by Product
• Feta
• Ricotta
• Mozzarella Sticks
• Hard Cheese
• OthersPackaging


by Distribution Channel
• Store-based
• Online


by End-User
• Commercial
• Household


by Application
• Biscuits
• Snacks
• Soups
• Sauces
• Others


by Packaging
• Plastic Tubes
• Cartoon Packs
• Tins
• Foils



Low Fat Cheese Market, by Region:
● North America (United States, Canada and Mexico)
● Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
● Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
● Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
● South America (Brazil, Argentina, Columbia and Rest of South America)
Low Fat Cheese Market, Key Players are:
• DSM
• Lactalis Group
• Kraft Foods Group Inc
• Arla Foods
• Crystal Farms
• Bongrain
• Friesland Campina
• Britannia Industries
• Mother Dairy
• Amul Limited
• Sargento Fromageries Bel S.A.
• GCMMF
• Savencia SA
• Royal Friesland Compina
• Nestle

Frequently Asked Questions:

1] What segments are covered in the Low Fat Cheese Market report?
Ans. The segments covered in the Low Fat Cheese Market report are based on Product, Distribution Channel, End-User, Application and Packaging.

2] Which region is expected to hold the highest share in the Low Fat Cheese Market?
Ans. The North American region is expected to hold the highest share in the Low Fat Cheese Market.

3] What is the market size of the Low Fat Cheese Market by 2029?
Ans. The market size of the Low Fat Cheese Market is expected to be 110.76 Bn. by 2029.

4] What is the forecast period for the Low Fat Cheese Market?
Ans. The forecast period for the Low Fat Cheese Market is 2023-2029.

5] What was the market size of the Low Fat Cheese market in 2022?
Ans. The market size of the Low Fat Cheese market in 2022 was US$ 84.74 Bn.