A new report by XploreMR studies the growth drivers, trends, restraints, and highlights of the global cheese shreds market. Presenting exclusive insights into the market from 2019 to 2027, the report projects that the market will witness notable growth during the forecast. The growth of the market is mainly attributed to the growing preference for dairy-free products, increased usage of cheese shreds in pizza and other ready-to-eat food products, and high demand for low-fat cheese among health-conscious consumers. Furthermore, players in the cheese shreds market are focusing on improving product packaging to retain the freshness of cheese, for extended periods, and this is expected to fuel the market growth. The gradually increasing demand for mozzarella cheese Shreds in the catering industry is also anticipated to complement the market growth through the forecast period.
Mozzarella Cheese Finds Prominent Usage in HoReCa Segment
Cheese shreds find wide-scale adoption in the HoReCa segment, backed by their easy-to-use nature coupled with good meltability. Moreover, the properties of cheese shreds, such as great taste, softness, make them ideal to use as toppings in pizza and various other food products. On this premise, the demand for shredded low-moisture mozzarella cheese has been on a rise over the years. Players in the market are trying to increase the shelf-life of cheese shred, and have been adopting cellulose to impart moisture-phobic property, thereby increasing the overall quality of the cheese shreds. Their long shelf life is ensuring high usage in the food & beverage industry as well. Increasing consumption of pizza and other ready-to-eat products, where cheese is a key ingredient, has contributed to the extensive adoption of cheese shreds. Furthermore, the increasing preference for dairy-free products, coupled with a lactose intolerant population, is also creating an upsurge in the demand for vegan cheese shreds. Along similar lines, rising health-consciousness among consumers is propelling the demand for low-fat cheese, which will further impel the market revenue. Besides, the penetration of western bakeries in the Asia Pacific is burgeoning the sales in the region.
Possibility of Defective Products Act Adversary to Market Growth
The increasing number of product recalls due to mold growth, and defective products continue to be the major challenge faced by the distributors and producers of cheese shreds. Formation of mold in cheese shreds leads to the accumulation of dangerous bacteria, such as brucella, listeria, e-Coli, and salmonella. On this premise, consumers are exhibiting reluctance to use cheese shreds in food products. Furthermore, a high amount of calories, fat, and sodium content in the cheese results in various health issues, thus limiting adoption. Moreover, scientific claims regarding the possibility of bacteria in cheese transferred from cows are also posing a challenge to the swift growth of the market.