Low Fat Cheese Market Innovative Strategy and Forecast Period
Low fat cheese is gaining huge traction among consumers, especially the health-conscious group. Dietary fat is associated to various body ailments. Surge in consumer awareness regarding the ill effects associated with dietary fat has significantly driven the market for low fat cheese. The global low fat cheese market size is expected to showcase steady growth over the forecast period of 2018-2023, reveals Market Research Future (MRFR) in a thoroughly studied report.
Obesity has become a common phenomenon among varied demographic groups which has spurred the demand for low fat cheese. This coupled with a proactive approach towards health and well ness has resulted in the consumption of low fat cheese.
The growth of the food service industry is also generating considerable demand for low fat cheese. In addition, growing trend of specialty diet which advocate cutting down on fat has also resulted i increased consumer inclination towards low fat cheese.
However, low fat cheese do not have the same texture and flavor as full fat cheese which might impair consumer acceptability. Color and texture of cheese are sensory attributes which influences the buying pattern of consumers. Low fat cheese is associated with textural defects such as hardness, dryness, graininess, and ruberiness which might restrict the growth of the market. However, R&D activities are underway to overcome such texture and flavor defects which is likely to segment the growth of the market. Technological advancements in manufacturing process, research in microbiology, flavor, texture, and chemistry have made substantial progress.
Friesland Campina, Lactalis Group, DSM, S.A., Arla Foods, Crystal Farms, Britannia Industries (Wadia Group), Sargento Fromageries Bel S.A., Kraft Foods Group Inc., and Bongrain are the key players in the global low fat cheese market.
The global low fat cheese market has been segmented based on type and distribution channel.
By type, the global low fast cheese market has been segmented into feta, ricotta, mozzarella sticks, and hard cheese. The mozzarella sticks segment is expected to showcase rapid growth over the forecast period on account of augmenting demand from the fast food industry.
By distribution channel, the global low fat cheese market has been segmented into food service and food retail channel. However, the store-based channel is leading the market as it provides a one stop shopping experience to customers. Also, due to torrid pace of technology adoption,...
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