Market overview:
Feta Cheese Market has been valued $ 10.5 billion in the year 2019 and it is estimated to reach $15.6 billion by the year 2026, with a CAGR of 5.7% from 2021 to 2026. Feta Cheese is in a white moderately hard and crumbly Greek cheese and it is most commonly made from the sheep’s or goat's milk and cured in brine. Traditionally the feta Cheese is made by using sheep milk, but commonly, it can be made using sheep, goat or cow milk, or any combination of the three. Feta Cheese has a salty and pleasantly tangy taste, it is included in almost every diet and loved by everyone, especially the health-conscious people, and these are the main factors that have considerably increased the demand for the Feta Cheese, thereby driving the growth of the Feta Cheese market in the upcoming years.
Market Drivers and Restrains:
The main factors that have considerably increased the demand for the Feta Cheese in the market is due it provide a huge number of nutritional supplements in concentrated form. Protein, calcium, phosphorus, zinc, vitamins A & B12, and sodium are most essential nutrients are found in the Feta cheese. Health-conscious people prefer variation in food, which can be found by using feta cheese in a various of products such as brown bread and whole wheat base, feta cheese is used in the diet after becoming aware of the health benefits among the consumers of feta cheese, these are the main factors that have considerably increased the demand for the Feta Cheese, thereby driving the growth of the Feta Cheese market in the upcoming years.
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Report is segmented as:
Feta Cheese Market is segmented on the basis of by type, on the basis of by source, on the basis of by distribution channel:
* Feta Cheese Market is segmented on the basis of by source into Cow Milk, Sheep Milk, and Goat Milk
* Feta Cheese Market is segmented on the basis of by type into Bulgarian Feta, French Feta, German Feta, and others
* Feta Cheese Market is segmented on the basis of by distribution channel into B2B and B2C Distribution
Geographical Segmentation:
Feta Cheese Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa and rest of world. Europe has the dominant share in the Feta Cheese is due to the increase in demand from millennial and increase in demand for fresh and ready-to-eat food with changes in lifestyle, followed by North America, Latin America and Middle East & Africa will register a slower increase in the Feta Cheese Market
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Impact of COVID-19 on Market
Covid-19 pandemic has impacted the growth of the Feta Cheese market, The COVID-19 has started in the end of 2019 in Wuhan china; this has affected many industries from different sectors in various countries and also affected Feta Cheese market. Covid-19 pandemic has impacted huge on the sales revenue of Feta Cheese market. Due to the government restrictions like lockdown in many countries has stopped the production of products by the manufacturing companies. In recent days relaxation in restrictions by the government and people are getting vaccinated to stop the spread of corona virus.