The global cheese market size is projected to reach USD 155.49 billion by 2027, exhibiting a CAGR of 3.7% during the forecast period.
The emergence of vegan cheese products will play an instrumental role in the development of this market, observes Fortune Business Insights™ in its report, titled “Cheese Market Size, Share & COVID-19 Impact Analysis, By Source (Animal-based and Plant-based), Product Type (Cheddar, Mozzarella, Parmesan, Feta, and Others), Type (Processed, Natural, Block, Spreadable, and Hard and Soft Cheese), Distribution Channel (Supermarkets/ Hypermarkets, Specialty Stores, Convenience Stores, and Online Retail), and Regional Forecast, 2020-2027”.
For example, New York-based Treeline Cheese makes 100% dairy-free probiotic cheese varieties.
Thus, the growing availability of natural cheese varieties is expected to broaden market horizons in the coming years.The COVID-19 pandemic has given birth to widespread economic distress and uncertainty, with several industries, markets, and businesses experiencing enormous financial stress.
However, together, the global community can tide over these challenging times, and at Fortune Business Insights™, we aim to provide precise market intelligence through extensive and intensive research into the impact of this pandemic on various businesses.Through continuous and sustained efforts, we are striving to help your business sustain and grow during the COVID-19 pandemic.
Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.Market DriverPotential Benefits of Cheese for Diabetics to Create New OpportunitiesCheese offers many health advantages to people with diabetes as it contains not only fats but also proteins and calcium.