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Cheese Shreds Market: Growing Demand to Impact Revenue Share during 2019 to 2027

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Steve Blade
Cheese Shreds Market: Growing Demand to Impact Revenue Share during 2019 to 2027

The Fact.MR report tracks the cheese shreds market for the forecast period 2019-2027. According to the report, the cheese shreds market is projected to register a CAGR of nearly 4.0% through 2027. Cheese shreds sales are likely to surpass 400 thousand tons in 2019, as growing popularity of mozzarella in fast food products fuels demand. According to a new study by Fact.MR, convenience, improved shelf-life, and added nutritive value are among the key trends influencing the cheese shreds market. Shredded mozzarella cheese remains a topselling variant, with demand underpinned by growing adoption in fast-foods, especially pizzas. The US Dairy Export Council expects an additional 100,000 tons of pizza cheese exports every year through 2020. According to the Fact.MR study, broader gains in the pizza industry will have a key impact on cheese shreds demand.

Rapid urbanization in emerging countries, especially in Asia Pacific, have led to an increasing number of foodservice outlets, which have been driving demand for cheese shreds significantly. This has created high dependency of food producers in the region to import cheese shreds from suppliers in developed regions. As this dependency continues to spiral upward, demand for mozzarella cheese shreds with gain a significant uptick in the upcoming years.

The study opines that in response to growing demand for high-quality shredded mozzarella cheese from local and global markets, companies are increasingly focusing on processing aids. The use of anti-caking agents has increased significantly to reduce clumping, especially during packaging and shipping. In recent years, potato starch has gained popularity in cheese shreds market as anti-caking agent, owing to its good moisture absorbing capacity, without leaving any white discoloration on surface of cheese shreds.

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Growing Use of Cow Milk in Cheese Shreds Production

According to the report, sales of cow milk-based cheese shreds is likely to exceed 300 thousand tons in 2019. As a source, cow milk will continue to be sought-after vis-à-vis buffalo milk and goat milk, owing to the better color, texture and flavor. Additionally, greater digestibility of nutritional components present in cow milk further complements its demand as a healthy source for producing cheese shreds.

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