Feta Cheese Market Value and Growth Analysis-2023


Posted April 14, 2023 by Bhargav

Feta Cheese Market Size was valued at USD 13.2 billion in 2021 and it is projected to reach USD 16.87 billion by 2027, with growth at a CAGR of 7.2%

 
Feta Cheese Market overview:

The Feta Cheese Market was valued at $13.2 billion in 2023 and is estimated to reach $16.87 billion by 2028, with a CAGR of 7.2% from 2022 to 2028.

Greek producers of feta make the brined curd white cheese from sheep's milk or a blend of sheep and goat's milk. It seems compact, has few to no holes, a delicate texture, few cuts, and no skin. It is brine-aged and fashioned into enormous blocks. It has a salty, tangy flavor that can be mild to strong. It is crumbly and has a slightly grippy feel. It is typically accompanied by olive oil, olives, and flavorful herbs like oregano. Many people refer to a white, crumbly cheese that has been brine-cured as "feta."Health-conscious people who are aware of the benefits of the product frequently consume feta cheese. It contains a fatty acid that helps with body weight regulation and has many other health advantages. It also has the potential to reduce diabetes risks since feta cheese contains calcium and protein, both of which help the body regulate blood sugar levels.

Feta Cheese Market Drivers and Restraints:

Traditionally, whole sheep's milk or a mixture of sheep's and goat's milk is used to make feta. Although pasteurized milk is currently used by the majority of manufacturers, it may or may not be used. If pasteurized milk is utilized, a beginning culture of microorganisms is added to replace those that were in raw milk before pasteurization but were lost during the process. These bacteria are required for the emergence of acidity and taste. After the pasteurized milk has cooled to about 35 °C and the casein has been given time to coagulate, rennet is added. The whey is then drained from the curds by breaking them up and putting them in a special mold or cloth bag. The curd is firm enough to break apart and salt after being infused in metal cans or wooden barrels for a few of days; the salinity will eventually reach around 3%.

To know more, read:

https://www.marketdataforecast.com/market-reports/feta-cheese-market

The report is segmented as follows:

 The Feta Cheese Market is segmented by Source; the Market is segmented by Type; the Market is segmented by Distribution Channel:

By Source (Cow Milk, Sheep Milk, and Goat Milk)
By Type (Bulgarian Feta, French Feta, German Feta, and others)
By Distribution Channel (B2B and B2C Distribution)

Geographical Segmentation:

Due to rising spending on food goods, North America is dominating with the largest market shares.

The market for feta cheese is seeing increased demand due to rising disposable income levels and consumer demand for high-quality culinary goods. Feta cheese's inclusion as one of the main ingredients in the Mediterranean diet's "bowl," which is now widely accepted for its health advantages, is one of the main factors contributing to its increased popularity in recent years. The main elements of the traditional Greek diet, one of the healthiest in the world, have a big impact on American consumers.

Compared to many other types of cheese available on the market, feta cheese has less fat. With feta being readily available on the shelves of supermarkets and chain stores delicatessens, feta is quickly becoming a staple ingredient in a broad variety of meals, salads, snacks, sandwiches, and other dishes.

The feta cheese market in Europe is anticipated to dominate the global industry. The majority of the world's feta cheese production and exportation takes place in Europe. The greatest feta cheese markets in Europe are found in Germany and the Netherlands as a result of millennial demand and an increase in the need for fresh and ready-to-eat food as a result of changing lifestyles. The expansion of application areas, lower price, and greater awareness of cheese's benefits all contribute to the growth of the European feta cheese market.

The significant market share holders are now Asia Pacific and Europe. Growing government support and increased public awareness of a healthy lifestyle are boosting the market for feta cheese in the Asia Pacific.

In the upcoming years, it is predicted that the feta cheese market in Latin America would account for sizeable proportions. The market for feta cheese in the Middle East and Africa has been expanding slowly over the past several years, but analysts expect it to pick up speed throughout the forecast period.

Impact of COVID-19 pandemic on the market:

The impact of COVID 19 on the world economy was varied. Due to worldwide shutdown and airline limitations, businesses are having a lot of trouble. Market shares have shifted as a result of supply chain and production unit disruptions. However, as of 2021, the globe is gradually returning to normal despite the COVID 19 crisis, which is anticipated to increase market shares for feta cheese from 2022 to 2027.

About Us:

Market Data Forecast is a firm working in market research, business intelligence, and consulting. We have rich research and consulting experience for various business domains to cater to individual and corporate clients’ needs.

Contact Us:

Market Data Forecast

Phone: +1-888-702-9626

Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Bhargav
Phone 7702379298
Business Address h.no:3-1-87, Jenda Galli , Nizamabad
Country India
Categories Baby , Business , Marketing
Tags feta cheese market , feta cheese market share
Last Updated April 14, 2023