The Blue Cheese Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Blue Cheese Global Market Report 2024, The blue cheese market size is expected to see strong growth in the next few years. It will grow to $1.92 billion in 2028 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to increasing prevalence of allergies, increasing plant-based food products, increasing nutrient-rich food, increasing convenience products, and increasing demand for protein-rich foods. Major trends in the forecast period include introducing new flavors, convenient snacking options, introducing plant-based blue cheese, introducing novel product iterations, and developing convenient snacking options.
The increasing consumption of convenience foods is expected to boost the growth of the blue cheese market going forward. Convenience food refers to food that has been frozen, dried, or canned and can be heated and made quickly and easily. The expansion of the convenience food sector is significantly benefiting the blue cheese market as consumers seek flavorful, premium, and convenient meal options. Blue cheese is increasingly featured in ready meals, snacks, and gourmet products. For instance, in March 2024, according to a report by Krungsri, a commercial banking company in Thailand, in 2022, the ready-to-eat food business had a total domestic and export sales volume of 482.4 thousand tons, valued at USD 2.0 billion. Therefore, the increasing demand for convenience foods is driving the growth of the blue cheese market.
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The blue cheese market covered in this report is segmented –
1) By Type: Gorgonzola, Castello Double Crème Blue, Roquefort, Stilton, Castello Traditional Danish Blue
2) By Texture: Hard Blue Cheese, Soft Blue Cheese
3) By Source: Sheep’s Milk, Cow’s Milk, Goat’s Milk
4) By Distribution Channel: Online Retail, Specialty Stores, Supermarket And Hypermarket, Other Distribution Channels
Major companies operating in the blue cheese market are developing plant-based blue cheese alternatives to cater to the growing demand for dairy-free and vegan options among consumers seeking healthier and environmentally sustainable choices. Plant-based cheese refers to non-dairy cheese alternatives made entirely from plant-based ingredients designed to replicate traditional dairy cheese’s taste, texture, and melting properties while catering to consumers who follow vegan, lactose-free, or plant-based diets. For instance, in March 2023, Climax Foods, a US-based food technology company, launched Climax Blue, a plant-based cheese alternative. Climax Blue offers a rich, tangy flavor and creamy texture akin to traditional blue cheese, catering to consumers’ increasing demand for plant-based options. It is formulated using proprietary fermentation technology and is marketed for both the food service and retail sectors. This innovation highlights a growing trend towards sustainable and dietary-specific cheese alternatives, leveraging technological advancements to meet evolving consumer preferences.
The blue cheese market report table of contents includes:
1. Executive Summary
- Blue Cheese Market Characteristics
- Blue Cheese Market Trends And Strategies
- Blue Cheese Market – Macro Economic Scenario
- Global Blue Cheese Market Size and Growth
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- Global Blue Cheese Market Competitive Benchmarking
- Global Blue Cheese Market Competitive Dashboard
- Key Mergers And Acquisitions In The Blue Cheese Market
- Blue Cheese Market Future Outlook and Potential Analysis
- Appendix
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