Global Halloumi Cheese Market 2019-2023 | Growth in the Global Cheese Market to Boost Demand | Technavio

LONDON–(BUSINESS WIRE)–#CheeseMarketTechnavio
analysts forecast the global halloumi cheese market to grow at a CAGR
close to 5% during the forecast period, according to their latest market
research report.


Rise in demand from the fast food industry is one of the major trends
being witnessed in the global
halloumi cheese market 2019-2023
. An increase in the demand for
food products from the fast food industry is expected to strengthen the
market during the forecast period. Cheese is an important ingredient for
many fast-foods such as sandwiches, burgers, hot dogs, and pizzas. The
growth in the number of fast food retail chains such as McDonald’s, KFC,
Dominos, Pizza Hut, Burger King, Subway, and Dunkin Donuts has increased
the demand for halloumi cheese and is further expected to drive the
market.

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According to Technavio analysts, one of the key factors contributing to
the growth of the global halloumi cheese market is the growth in the
global cheese market:

Global halloumi cheese market: Growth in the
global cheese market

Dairy products such as milk, butter, cheese, yogurt, cream, and
ice-cream are the most popular food categories in the global food market
among diverse demographics. Thus, the growth in the global milk
production will facilitate growth of the global dairy industry. The
global cheese market is growing due to the rise in demand from the fast
food industry, growing demand for protein-rich products, and growing
innovation in the packaging industry which increases the shelf life of
cheese. Thus, this growth of the cheese market will strengthen the
global halloumi cheese market during the forecast period.

According to a senior analyst at Technavio, “The global food sector
is experiencing a significant growth in the demand for protein-rich
dairy products such as milk, butter, cheese and yogurt. More and more
individuals are visiting gyms or practicing sports to boost their
overall health and counter stress. In addition, the increasing incidence
of various bone-related diseases such as osteoporosis is driving
consumers to take protein-rich diets to secure their health and
well-being. All these factors pave the demand for protein-rich products,
which will boost the growth of the global halloumi cheese market.”

Global halloumi cheese market: Segmentation
analysis

The global halloumi cheese market research report provides market
segmentation by distribution channel (supermarkets/hypermarket,
convenience stores, others), and by region (the Americas, EMEA, and
APAC). It provides an in-depth analysis of the prominent factors
influencing the market, including drivers, opportunities, trends, and
industry-specific challenges.

The EMEA region held the largest share of the market in 2018, accounting
for close to 62% share, followed by the APAC, and the Americas
respectively. However, during the forecast period, the APAC region is
expected to witness the highest incremental growth followed by the
Americas.

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Market Landscape

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  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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