Pasta Filata Cheese Market to Reach US$ 88,853.0 Mn by 2027 - Coherent Market Insights

The global pasta filata cheese market was valued at US$ 55,492.8 Mn in 2018, according to Global Pasta Filata Cheese Market Report, by Cheese Type (Mozzarella, Kashkaval, Caciocavallo, Provolone, Ragusano, and Others), by Form (Cubes, Blocks, Slices, and Shredded), by Milk Source (Buffalo, Cow, Goat, and Sheep), by Application (Residential Use and Commercial Use), by Distribution Channel {B2B (Business-to-Business), B2C (Business-to-Consumer): Hypermarkets & Supermarkets, Departmental Stores & Convenience Stores, Online Stores}, and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) published by Coherent Market Insights.

The global pasta filata cheese market is projected to reach US$ 88,853.0 Mn by 2027, exhibiting a CAGR of 5.5% during the forecast period (2019-2027). Increasing cheese demand along with the advantages offered by the pasta filata method of cheese production is predicted to contribute to increasing revenue for global pasta filata cheese market over the forecast period.

In pasta filata cheese making, cheese is given a unique texture through the process of stretching, which has driven demand for mozzarella and caciocavallo pasta filata cheese types among the consumer base. Pasta filata cheese develops elasticity when heated and forms long strings when pulled, which are key characteristics preferred by consumers in authentic pizza cheese.

In order to obtain desired taste and texture of pasta filata cheese, parameters such as temperature and pH of milk curd processing must be optimized. Optimum processing parameters gives cheese its functional properties such as accurate moisture levels, optimum stretchiness, meltability, and blistering. These advantages offered by pasta filata method of cheese production, which is likely to propel growth of global pasta filata cheese market during the forecast period.

However, stringent government regulations imposed on cheese products, in order to ensure safety and quality of final products produced from cheese is predicted to hinder growth of the global pasta filata cheese market in the near future.

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https://www.coherentmarketinsights.com/market-insight/pasta-filata-cheese-market-2973

Browse 32 market data tables* and 20 figures* on "Pasta Filata Cheese Market” - Global forecast to 2027.

Key Takeaways of the Market:

• On the basis of milk source, cow segment contributed for 68.0% of the revenue share in the global pasta filata cheese market in 2018. According to Food and Agriculture Organization of the U.S., in 2014, the worldwide production of goat milk cheese, buffalo milk cheese, sheep milk cheese, and whole cow milk cheese was 523.04 KT, 282.13 KT, 680.30 KT, and 18,735.58 KT, respectively. This exhibits that cow segment accounted for a significant market share.
• Buffalo and cow milk cheese is predicted to record fastest growth during 2019-2027. Buffalo milk mozzarella is creamier, softer, and more flavorful than cow milk mozzarella. Moreover, buffalo and cow mozzarella have certain health benefits such as it is low in calories as compared to other varieties of cheese such as cheddar. It is also a rich source of calcium and protein.
• Among regions, North America accounted for the revenue share of over 33.6% in the global pasta filata cheese market in 2018, and is projected to maintain its dominance over the forecast period. For instance, according to data released by United States Department of Agriculture (USDA), National Agricultural Statistics Service, in June 2019, cheese consumption in the U.S. was 35 pounds per person in 2010, which increased to 39.1 pounds per person in 2017.
• Moreover, data released by USDA National Agricultural Statistics Service, in October 2018, states that per capita consumption of mozzarella cheese in the U.S. was 10.66 pounds in 2007, which increased to 11.57 pounds in 2017. Therefore, increasing cheese consumption in the U.S. is expected to drive demand for pasta filata cheese in North America.
• Major players operating in the global pasta filata cheese market are The Kraft Heinz Company, Fonterra Co-operative Group Limited, Lactalis International, Grande Cheese Company, Arla Foods Inc., BelGioioso Cheese Inc., Organic Valley, That’s Amore Cheese, M.J. Dairies, and Sheepka 99 JSC

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