Global Mozzarella Cheese Market Overview
According to Global Market Monitor, the global mozzarella cheese market size will reach $27.61 billion in 2024 with a CAGR of 4.38% from 2024 to 2029.
Mozzarella cheese is a traditionally southern Italian cheese made from Italian buffalo's. The finished cheese, lightly salted, is white, soft with a very lively surface sheen and has unique property of stretch ability. It is one of the indispensable ingredients for making fine pizzas.
The Major Company
Leprino Foods is one of the major players operating in the Mozzarella Cheese market, holding a share of 9.23% in 2023.Leprino Foods Company is a world leader in premium-quality cheese production, the largest producer of mozzarella cheese in the world, the number one producer of lactose in the world, and a leading supplier of whey protein and sweet whey. It’s mozzarella, reduced-fat Monterey jack, provolone, reduced-fat cheddar and various cheese blends are made for pizzeria and foodservice operators, frozen food manufacturers and private label cheese packagers. The company has some of the largest, most modern and technologically advanced production facilities in the world.
High Compatibility of Mozzarella Cheese with Other Delicacies
High compatibility of mozzarella cheese with other delicacies is one of the major reasons for high consumption of this product. And the growth of mozzarella cheese industry is strongly supported by the demand from pizza industry. The popularity of pizza, especially amongst youngsters has boosted the production of Mozzarella cheese. Apart from its usage in pizza, mozzarella cheese is used in a number of products and is well appreciated in baked goods, Italian dishes, sauces and soups. It is also used with appetizers to add appeal to the dish.
Fast-food chains have successfully created a pizza and burger culture around the world. Both products are topped with cheese and are also sold at subsidized prices, attracting consumers to the dishes.
Moreover, the rising precipitate income and growing adoption of mozzarella cheese in daily food habits also escalate the market demand. People are turning to home cooking using ingredients like cheese that are marketed as a healthy source of protein and fat. Therefore, due to its versatile nature, mozzarella cheese is getting widely adopted in numerous dishes. The aforementioned factors are projected to boost the mozzarella cheese demand over the forecast period.
S |
Health advantages and growing demand among consumers High compatibility with other delicacies |
W |
Homogeneous products make the industry barriers low. Increasing price of the product Rising health consciousness |
O |
Increasing trend of westernization of food consumption patterns along with growing economy Increasing mature sales networks |
T |
Fierce market competition with relatively low market concentration |
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