Pasta Filata Cheese Market Growth Accelerated by Rising Demand from Emerging Economies
Pasta Filata Cheese Market Growth Accelerated by Rising Demand from Emerging Economies
The global pasta filata cheese market is estimated to be valued at US$ 12.5 billion in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

 

Pasta filata cheese, also known as stretched curd cheese, refers to a family of cheeses made by heating fresh cheese curd in hot water or brine. This allows the cheese to be stretched or molded into various shapes. Popular pasta filata cheeses include mozzarella, provolone, and scamorza. These cheeses melt well and have a milky and tender texture. The growing popularity of Italian cuisines globally drives the demand for pasta filata cheese in various dishes like pizza, pasta, and sandwiches.

Market key trends: Rising demand from emerging economies like India, China, Brazil, and countries in Southeast Asia is driving growth in the global pasta filata cheese market. Factors such as increasing disposable incomes, growing influence of western culture, and rapid urbanization are fueling the appetite for Italian cuisine and dairy products in emerging nations. According to industry estimates, India's per capita cheese consumption is projected to nearly double from 60 grams currently to over 100 grams by 2025. This rising demand from developing countries with large population bases is expected to open new opportunities and sustain the accelerated growth momentum of the pasta filata cheese market over the forecast period.

Segment Analysis

The global pasta filata cheese market is dominated by mozzarella cheese segment. Mozzarella cheese accounts for more than 70% of the overall pasta filata cheese market. Mozzarella cheese is used in preparation of various food products like pizzas, sandwiches, and salads. The widespread use of mozzarella cheese in fast food chains selling pizzas has been driving its demand significantly.

Key Takeaways

The Global Pasta Filata Cheese Market Growth is expected to witness high.

The market in North America is currently the largest as well as the fastest growing regional market for pasta filata cheese. Easy availability of various cheese products and growing fast food and quick service restaurant chains in the region are some of the factors supporting the growth of North American market. Europe follows North America in terms of market size for pasta filata cheese market. High per capita consumption of cheese products in countries like Italy, France and Germany makes Europe another lucrative market.

Key players operating in the pasta filata cheese market are Groupe Lactalis, Fonterra, Granarolo, Saputo, EMMI, Bel Group, Kraft Heinz, Molinis, and Sodiaal. Changing lifestyle and preference towards convenience food is driving the demand for processed and packaged food items like pasta filata cheese globally. This in turn is supporting the growth of key players in the market. The companies are focusing on expanding their product portfolio and strengthening their distribution channels globally.

 

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https://www.insightprobing.com/pasta-filata-cheese-market-growth-and-forecasts-analysis/ 

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