Driven by Cheese Consumption Pasta Filata Cheese Market is Anticipated to Witness High Growth Owing to Rising Cheese Consumption

 
Pasta Filata Cheese Market

Pasta Filata cheese refers to a group of cheeses that includes Mozzarella and Scamorza. It is characterized by a dough-like texture achieved through heating and kneading the curd. The cheese is immersed in hot water or whey and stretched and molded into balls or blocks. Some key advantages of Pasta Filata cheese include its stringy texture, meltability and versatility. It can be used as a pizza topping, in baked products or eaten on its own. The growing popularity of pizza and Italian cuisines has increased the demand for this type of cheese globally.

The Global Pasta Filata Cheese Market is estimated to be valued at US$ 14.4 Mn in 2024 and is expected to exhibit a CAGR of 11% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the Pasta Filata Cheese Market Demand are Bristol Myers Squibb, Johnson & Johnson, AbbVie Inc., and Merck & Co., Inc. These players are focusing on new product launches, geographical expansion and mergers and acquisitions to gain a competitive advantage in the market.

The market offers significant growth opportunities in terms of rising pizza consumption, increasing use of Pasta Filata cheese in burger patties and snacks. Further, expanding availability through organized retail and e-commerce channels will support the market revenue.

Globally, North America represents the largest market for Pasta Filata cheese led by the US and Canada. However, Asia Pacific is expected to witness highest growth led by countries like China, Japan, India and countries in Southeast Asia. Rapid urbanization, changing food habits and growing middle class are driving the demand in Asia Pacific region.

Market drivers: Rising cheese consumption globally is a key growth driver. Per capita cheese consumption has increased considerably over last decade. Further, increasing popularity of Italian cuisine and rising pizza consumption positively influence the Pasta Filata cheese demand.

Market restrain: Fluctuations in milk prices impact the profitability and supply of Pasta Filata cheese makers. Any increase in milk prices puts pressure on overall production cost of Pasta Filata cheese.

Key Takeaways
Key players operating in the Pasta Filata cheese are Bristol Myers Squibb, Johnson & Johnson, AbbVie Inc., and Merck & Co., Inc. These players are focusing on new product launches, geographical expansion and mergers and acquisitions to gain a competitive advantage in the market. The market offers significant growth opportunities in terms of rising pizza consumption, increasing use of Pasta Filata cheese in burger patties and snacks. Further, expanding availability through organized retail and e-commerce channels will support the market revenue. Globally, North America represents the largest market for Pasta Filata cheese led by the US and Canada. However, Asia Pacific is expected to witness highest growth led by countries like China, Japan, India and countries in Southeast Asia. Rapid urbanization, changing food habits and growing middle class are driving the demand in Asia Pacific region.

Market drivers and restrain

Market drivers: Rising cheese consumption globally is a key growth driver. Per capita cheese consumption has increased considerably over last decade. Further, increasing popularity of Italian cuisine and rising pizza consumption positively influence the Pasta Filata cheese demand.

Market restrain: Fluctuations in milk prices impact the profitability and supply of Pasta Filata cheese makers. Any increase in milk prices puts pressure on overall production cost of Pasta Filata cheese.


Segment Analysis
The Pasta Filata cheese market can be segmented based on type, flavor, distribution channel, and region. Mozzarella accounts for a dominating share as it is one of the most commonly consumed pasta filata cheese worldwide. It forms the essential topping of pizza, which has become popular globally. Moreover, the easy melting property of mozzarella cheese makes it suitable for snacks and side dishes. In terms of flavor, the plain segment holds a major share as this versatile cheese can be used for various cuisines from Italian to pan-Asian. The direct to consumer distribution channel, including retail stores and e-commerce websites, has been gaining increased traction. Consumers prefer purchasing groceries from such channels for safety and convenience during the ongoing pandemic.

Global Analysis
The North American region dominates the global pasta filata cheese market and is expected to continue its dominance during the forecast period. This can be attributed to the growing consumption of pizza and pasta dishes in the region. Moreover, the presence of leading pizza chains and quick-service restaurants stimulates market growth in North America. Europe holds the second position in the global market. The increasing health-consciousness and shifting preference towards dairy products are supporting the regional market growth. The Asia Pacific pasta filata cheese market is projected to expand at the fastest pace during the forecast period. Rising disposable incomes, expanding food retail industry, and growing western influences are fueling the pasta filata cheese demand in the Asia Pacific region.

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