The North America Liquid Cheese Market would witness market growth of 2.8% CAGR during the forecast period (2023-2029).
Liquid cheese packaged in a bag and kept heated at a temperature suitable for consumption is known as "bag-in-box liquid cheese." This product is primarily utilized in retail settings. A pump dispenser is employed to supply liquid cheese to different foods, like sandwiches and tortilla chips. Mass-produced dry mix powdered versions of liquid cheese sauces are also available. These are made as a quick meal and sold to customers in sauce mix packets or jars. Dry mix packets are also included in some dry macaroni and cheese products.
In prepared frozen meals and packaged frozen veggies, commercial frozen cheese sauce created from liquid cheese is a common addition. To keep a product homogeneous and stop it from splitting, emulsification may be necessary sometimes, especially when a sauce has a high-fat content. The formulation, cooking, handling, and processing of different frozen cheese sauces depend on factors in frozen sauces, such as their total fat content and particle size. In the United States, processed canned veggies have also included commercial liquid cheese compositions.
The US and Canada have high rates of urbanization, with more than a million people living in a number of their main cities. In addition to that, there is a reputable catering business. The simple availability and this high adoption are also being driven by the number of supermarkets and hypermarkets as well as the well-established modern retail facilities. As a result of having one of the highest per capita incomes, Americans have significant amounts of money at their disposal. Their increased purchasing power gives them more opportunities to test different foods. As a result, the market for liquid cheese in North America has grown significantly due to these elements.
The US market dominated the North America Liquid Cheese Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $4,605.3 million by 2029. The Canada market is poised to grow at a CAGR of 5.2% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 4.3% during (2023 - 2029).
Based on Product Type, the market is segmented into Cheese Spread, Cheese Sauce, Cheese Dip, and Others. Based on Type, the market is segmented into Cheddar, Mozzarella, Parmesan and Others. Based on Distribution Channel, the market is segmented into Offline and Online (Supermarkets/hypermarkets, Convenience stores, Specialty stores and Others). Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Liquid Cheese Market is Projected to reach USD 21.4 Billion by 2029, at a CAGR of 3.1%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Dairy gold Co-Operative Society Limited, Amul (The Gujarat Co-operative Milk Marketing Federation Ltd.), Gehl Foods, LLC, HP Hood LLC, La Preferida, Inc., Ricos Product Company, Lakeview Farms LLC, Veeba Food Services Pvt. Ltd., Dlecta Foods Private Limited, and Brunkow Cheese.
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