IMARC Group, a leading market research company, has recently releases report titledIndividual Quick Frozen (IQF) Cheese Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028, The study provides a detailed analysis of the industry, including the global individual quick frozen (IQF) cheese market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the individual quick frozen (IQF) cheese market?
The global individual quick frozen (IQF) cheese market size reached US$ 6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.11% during 2023-2028.
What is Individual Quick Frozen (IQF) Cheese?
Individual Quick Frozen (IQF) cheese refers to a specific freezing technique applied to cheese products to preserve their quality, texture, and taste. IQF cheese is distinct from traditional frozen cheese as it undergoes a specialized freezing process that freezes each individual cheese piece separately, allowing for easy portioning and preventing clumping or sticking together. The IQF process involves rapidly freezing each cheese piece individually using extremely low temperatures. This quick freezing technique helps to maintain the integrity of the cheese, preserving its flavor, moisture content, and overall quality. The frozen cheese pieces are then packaged and stored at low temperatures until ready for use. IQF cheese offers several advantages in terms of convenience and versatility. The IQF cheese market caters to a variety of cheese types, including shredded cheese, cheese cubes, cheese slices, and other cheese varieties.
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What are the growth prospects and trends in the individual quick frozen (IQF) cheese industry?
The IQF cheese market is driven by the increasing demand for convenience foods and ready-to-eat options in modern lifestyles. Consumers are seeking quick and hassle-free meal solutions, and IQF cheese fits perfectly into this demand. Moreover, the growing emphasis on product quality and customization is catalyzing the market as consumers are becoming more discerning in their food choices, seeking premium and natural products. In response, IQF cheese manufacturers are responding to this trend by offering a wide variety of cheese types, including cheddar, mozzarella, Swiss, and more, with options for organic, artisanal, and specialty cheeses. Additionally, customization options such as shredded, cubed, or sliced IQF cheese cater to specific consumer preferences and culinary needs, providing flexibility for a range of applications, from pizza toppings to salad ingredients. Collaborations with dairy farmers and cheese producers can ensure a consistent supply of high-quality cheese for IQF production.
What is included in market segmentation?
The report has segmented the market into the following categories:
Market Breakup by Product:
- Mozzarella
- Cheddar
- Parmesan
- Others
Market Breakup by Source:
- Cow Cheese
- Goat Cheese
Market Breakup by Type:
- Standard of Identity (SOI) Cheese
- Non-standard of Identity (SOI) Cheese
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Agrial
- CASEIFICIO PUGLIESE F.LLI Radicci Spa
- Consorzio Dal Molise
- Fonterra Co-operative Group Limited
- Freddy Baines N.V.
- Granarolo S.p.A. (Granlatte Societ Cooperativa Agricola a.r.l.)
- Leprino Foods Company
- Mammen Cheese A|S (Mammen Dairies Ltd.)
- Ornua Co-operative Limited
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