Market Overview:
The global cream cheese market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The food services segment is expected to be the fastest-growing segment in the global cream cheese market, followed by the industrial segment. The bakery application is expected to be the largest application for cream cheese globally, followed by hotels and catering. North America is estimated to account for the largest share of the global cream cheese market in 2018, while Asia Pacific is projected to be the fastest-growing region duringthe forecast period.
Product Definition:
Cream cheese is a soft, white cheese with a mild, slightly tangy flavor. It's made from cow's milk and is often used in cheesecakes, dips, and spreads. Cream cheese is an important ingredient in many dishes because of its texture and flavor.
Food Services:
Food services is the service industry involved in food preparation and serving. It includes restaurants, cafes, fast-food outlets, catering services, food stands and takeaways. The global F&B market has been witnessing significant growth on account of changing consumer dietary habits coupled with increasing demand for processed & convenience foods across the world.
Industrial Segment:
Industrial segment is a part of market research that studies the industry in terms of its structure, applications, and supply chain. It helps to identify various factors which have an impact on the industry demand and supply side. The industrial segment in cream cheese market study includes type (pasteurized or not pasteurized), source (churning or non-churning), application (eaten alone or used as ingredient) and region.
Application Insights:
Hotels was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. Increasing number of luxury hotels across the globe has boosted demand for cream cheese in this industry. For instance, Hyatt Hotels Corporation operates more than 500 hotels of 25,000 rooms each across 60 countries around the world. According to its website, it has built a new hotel room every 9 hours since 2010 and plans to add another 80,000 rooms by 2026. Such initiatives by hospitality companies have increased product demand in catering as well as food services at such places globally.
Cream cheese is used extensively in bakery products such as pastries & cakes due to its rich flavor.
Regional Analysis:
Europe was the largest market for cream cheese, accounting for more than 35.0% of global revenue in 2017. The presence of a large number of producers and consumers has led to the dominance of this region. Germany, U.K., France, Poland and Russia are some of the major countries that contribute significantly to Europe’s cream cheese market share owing to high consumer purchasing power and growing demand from food service providers as well as industrial segments such as catering services and institutional foodservice providers such as schools/colleges/universities etc.
Growth Factors:
- Increasing demand for convenience foods: The Cream Cheese market is expected to benefit from the increasing demand for convenience foods, as consumers shift towards products that are easy to prepare and consume. This is likely to drive the market growth in the coming years.
- Rising disposable income of consumers: A growing disposable income among consumers is anticipated to boost the sales of Cream Cheese in the near future. This will create new opportunities for players operating in this market.
- Growing popularity of western cuisine: The rising popularity of western cuisine is another key factor that is expected to fuel the growth of Cream Cheese over the forecast period. With an increase in exposure to different types of cuisines, consumers are inclining towards products such as Cream Cheese that are used extensively in western dishes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cream Cheese Market Research Report
By Type
Food Services, Industrial Segment
By Application
Bakery, Hotels, Catering, Others
By Companies
Fonterra Food, Arla, Cream of Creams, Galbani, Tatura, Kraft Foods, Organic Valley, ...
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Cream Cheese Market Report Segments:
The global Cream Cheese market is segmented on the basis of:
Types
Food Services, Industrial Segment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bakery, Hotels, Catering, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fonterra Food
- Arla
- Cream of Creams
- Galbani
- Tatura
- Kraft Foods
- Organic Valley
- ...
Highlights of The Cream Cheese Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Services
- Industrial Segment
- By Application:
- Bakery
- Hotels
- Catering
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cream Cheese Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cream cheese is a type of cheese that is made from milk and cream. It has a smooth, creamy texture and a slightly sweet flavor.
Some of the major players in the cream cheese market are Fonterra Food, Arla, Cream of Creams, Galbani, Tatura, Kraft Foods, Organic Valley.
The cream cheese market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cream Cheese Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cream Cheese Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cream Cheese Market - Supply Chain
4.5. Global Cream Cheese Market Forecast
4.5.1. Cream Cheese Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cream Cheese Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cream Cheese Market Absolute $ Opportunity
5. Global Cream Cheese Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cream Cheese Market Size and Volume Forecast by Type
5.3.1. Food Services
5.3.2. Industrial Segment
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cream Cheese Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cream Cheese Market Size and Volume Forecast by Application
6.3.1. Bakery
6.3.2. Hotels
6.3.3. Catering
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cream Cheese Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cream Cheese Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cream Cheese Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cream Cheese Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cream Cheese Demand Share Forecast, 2019-2029
9. North America Cream Cheese Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cream Cheese Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cream Cheese Market Size and Volume Forecast by Application
9.4.1. Bakery
9.4.2. Hotels
9.4.3. Catering
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cream Cheese Market Size and Volume Forecast by Type
9.7.1. Food Services
9.7.2. Industrial Segment
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cream Cheese Demand Share Forecast, 2019-2029
10. Latin America Cream Cheese Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cream Cheese Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cream Cheese Market Size and Volume Forecast by Application
10.4.1. Bakery
10.4.2. Hotels
10.4.3. Catering
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cream Cheese Market Size and Volume Forecast by Type
10.7.1. Food Services
10.7.2. Industrial Segment
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cream Cheese Demand Share Forecast, 2019-2029
11. Europe Cream Cheese Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cream Cheese Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cream Cheese Market Size and Volume Forecast by Application
11.4.1. Bakery
11.4.2. Hotels
11.4.3. Catering
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cream Cheese Market Size and Volume Forecast by Type
11.7.1. Food Services
11.7.2. Industrial Segment
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Anaysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cream Cheese Demand Share, 2019-2029
12. Asia Pacific Cream Cheese Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cream Cheese Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cream Cheese Market Size and Volume Forecast by Application
12.4.1. Bakery
12.4.2. Hotels
12.4.3. Catering
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cream Cheese Market Size and Volume Forecast by Type
12.7.1. Food Services
12.7.2. Industrial Segment
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cream Cheese Demand Share, 2019-2029
13. Middle East & Africa Cream Cheese Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cream Cheese Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cream Cheese Market Size and Volume Forecast by Application
13.4.1. Bakery
13.4.2. Hotels
13.4.3. Catering
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cream Cheese Market Size and Volume Forecast by Type
13.7.1. Food Services
13.7.2. Industrial Segment
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cream Cheese Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Cream Cheese Market: Market Share Analysis
14.2. Cream Cheese Distributors and Customers
14.3. Cream Cheese Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fonterra Food
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Arla
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cream of Creams
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Galbani
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tatura
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kraft Foods
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Organic Valley
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ...
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
