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According to a new report, published by KBV research, The Global Liquid Cheese Market size is expected to reach $21.4 billion by 2029, rising at a market growth of 3.1% CAGR during the forecast period.
The Cheese Dip segment is showcasing a CAGR of 3.4% during (2023 - 2029). Conjugated linoleic acid, which is found in modest levels in cheese sauce and has anti-inflammatory and heart-healthy qualities, may help prevent heart disease and obesity. The term "cheese sauce" describes a creamy, white sauce made mostly by combining butter, grated cheese, and flour. In the market, cheese sauce is easily accessible.
The Cheddar segment acquired maximum revenue share in the Global Liquid Cheese Market by Type in 2022 thereby, achieving a market value of $7.7 billion by 2029. Because consumers are more interested in high-quality food products, there has been a tendency for the liquid cheese market to be premium. This also includes the advent of artisanal and specialty cheddar cheeses in addition to cheddar cheese aged for longer periods for better flavor. One of the various kinds of cheese is cheddar; it is off-white, has a sharp flavor, and is somewhat harder than other types.
The Online segment has shown the growth rate of 4.8% during (2023 - 2029). Online shopping saves people the hassle of making a trip to a physical store and allows them to make purchases from the convenience of their homes. Customers with limited mobility or those who live in rural or isolated areas pay special attention to this. In addition, due to features like customized product recommendations and the ease of searching and filtering for particular products, online sales channels also provide a higher level of personalization of the purchasing experience.
The Europe market dominated the Global Liquid Cheese Market by Region in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $7.4 billion by 2029. The Asia Pacific market is exhibiting a CAGR of 3.7% during (2023 - 2029). Additionally, The North America market would showcase a CAGR of 2.8% during (2023 - 2029).
Full Report: https://www.kbvresearch.com/liquid-cheese-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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Companies Profiled
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