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Cheese Based Snacks Market Dynamics
Key Driver: One of the key factors driving the global cheese-based snacks market growth is the rise in disposable income and change in lifestyle. The increase in dual household income, per capita income, and rapid growth in the employment rate have driven the increase in disposable income worldwide. The growth in PCI is expected to change the spending and eating habits of consumers. Food preferences have changed, resulting in a demand for easy-to-eat and-serve foods and snacks, which will drive the market growth during the forecast period.
Key Challenge: One of the key challenges to the global cheese-based snacks market growth is the rising number of health effects. Cheese saturated fat raises cholesterol levels, which can increase the risk of heart disease. Cheese is high in sodium, which helps to keep the water balance in cells in check. However, too much sodium can produce high blood pressure and is linked to kidney disease, heart disease, and osteoporosis. Consuming excess cheese-based snacks can create difficulties like gas or bloat in individuals.
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Cheese Based Snacks Market Segmentation Highlights
- End-user
- Retail: The cheese-based snacks market share growth in the retail segment will be significant during the forecast period. As disposable incomes rise and urbanization increases, consumers are gravitating away from small convenience stores and toward supermarkets and hypermarkets. Consumers like supermarkets and hypermarkets as they can find products from all categories at one location, which is impossible in smaller stores. Such factors will drive the segment growth in the coming years.
- Foodservice
- Geography
- North America: 38% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for cheese-based snacks in North America. However, market growth in this region will be slower than the growth of the market in APAC. The increase in the number of dual working households, rising disposable income, the presence of fast-food chains, and the region's overall economic growth will facilitate the cheese-based snacks market growth in North America over the forecast period.
- Europe
- APAC
- South America
- Middle East And Africa
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Cheese Based Snacks Market Vendor Analysis and Scope
The cheese-based snacks market is fragmented and the vendors are deploying growth strategies such as an increase in M&A activities to compete in the market. This statistical study of the cheese-based snacks market encompasses successful business strategies deployed by the key vendors. The cheese based snacks market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Top Cheese Bases Snacks Market Players are:
- Amys Kitchen Inc.
- General Mills Inc.
- Godrej Agrovet Ltd.
- GONUTZ Snack Foods
- Gujarat Cooperative Milk Marketing Federation
- Homtek India Snacks Manufacturing Co.
- Kellogg Co.
- Kerry Group Plc
- Mars Inc.
- McCain Foods Ltd.
- Parle Products Pvt. Ltd.
- PepsiCo Inc.
- Prataap Snacks Ltd.
- Sargento Foods Inc.
- Serious Pig Ltd
- Snacks Developpement SAS
- SURYA FOOD and AGRO LTD.
- UNISMACK SA
- Utz Quality Foods LLC
- Whisps Acquisition Corp.
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The report also covers the following areas
:
Cheese Based Snacks Market Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist cheese based snacks market growth during the next five years
- Estimation of the cheese based snacks market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the cheese based snacks market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of cheese based snacks market vendors
Related Reports:
Vegan Cheese Market by Source and Geography - Forecast and Analysis 2022-2026
Processed Cheese Market by Product and Geography - Forecast and Analysis 2020-2024
Cheese Based Snacks Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of 5.12% |
Market growth 2022-2026 |
$ 3.53 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.67 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 38% |
Key consumer countries |
US, Canada, China, Germany, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Amys Kitchen Inc., General Mills Inc., Godrej Agrovet Ltd., GONUTZ Snack Foods, Gujarat Cooperative Milk Marketing Federation, Homtek India Snacks Manufacturing Co., Kellogg Co., Kerry Group Plc, Mars Inc., McCain Foods Ltd., Parle Products Pvt. Ltd., PepsiCo Inc., Prataap Snacks Ltd., Sargento Foods Inc., Serious Pig Ltd, Snacks Developpement SAS, SURYA FOOD and AGRO LTD., UNISMACK SA, Utz Quality Foods LLC, and Whisps Acquisition Corp. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Content
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
- 5.2 Comparison by End-user
- Exhibit 26: Chart on Comparison by End-user
- Exhibit 27: Data Table on Comparison by End-user
- 5.3 Retail - Market size and forecast 2021-2026
- Exhibit 28: Chart on Retail - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Retail - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Retail - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Retail - Year-over-year growth 2021-2026 (%)
- 5.4 Foodservice - Market size and forecast 2021-2026
- Exhibit 32: Chart on Foodservice - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Foodservice - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Foodservice - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Foodservice - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by End-user
- Exhibit 36: Market opportunity by End-user ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 Germany - Market size and forecast 2021-2026
- Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.10 UK - Market size and forecast 2021-2026
- Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.11 Canada - Market size and forecast 2021-2026
- Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.12 China - Market size and forecast 2021-2026
- Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 General Mills Inc.
- Exhibit 89: General Mills Inc. - Overview
- Exhibit 90: General Mills Inc. - Business segments
- Exhibit 91: General Mills Inc. - Key offerings
- Exhibit 92: General Mills Inc. - Segment focus
- 10.4 Godrej Agrovet Ltd.
- Exhibit 93: Godrej Agrovet Ltd. - Overview
- Exhibit 94: Godrej Agrovet Ltd. - Business segments
- Exhibit 95: Godrej Agrovet Ltd. - Key offerings
- Exhibit 96: Godrej Agrovet Ltd. - Segment focus
- 10.5 Kellogg Co.
- Exhibit 97: Kellogg Co. - Overview
- Exhibit 98: Kellogg Co. - Business segments
- Exhibit 99: Kellogg Co. - Key news
- Exhibit 100: Kellogg Co. - Key offerings
- Exhibit 101: Kellogg Co. - Segment focus
- 10.6 Mars Inc.
- Exhibit 102: Mars Inc. - Overview
- Exhibit 103: Mars Inc. - Product / Service
- Exhibit 104: Mars Inc. - Key offerings
- 10.7 McCain Foods Ltd.
- Exhibit 105: McCain Foods Ltd. - Overview
- Exhibit 106: McCain Foods Ltd. - Product / Service
- Exhibit 107: McCain Foods Ltd. - Key offerings
- 10.8 Parle Products Pvt. Ltd.
- Exhibit 108: Parle Products Pvt. Ltd. - Overview
- Exhibit 109: Parle Products Pvt. Ltd. - Product / Service
- Exhibit 110: Parle Products Pvt. Ltd. - Key offerings
- 10.9 PepsiCo Inc.
- Exhibit 111: PepsiCo Inc. - Overview
- Exhibit 112: PepsiCo Inc. - Business segments
- Exhibit 113: PepsiCo Inc. - Key news
- Exhibit 114: PepsiCo Inc. - Key offerings
- Exhibit 115: PepsiCo Inc. - Segment focus
- 10.10 Snacks Developpement SAS
- Exhibit 116: Snacks Developpement SAS - Overview
- Exhibit 117: Snacks Developpement SAS - Product / Service
- Exhibit 118: Snacks Developpement SAS - Key offerings
- 10.11 UNISMACK SA
- Exhibit 119: UNISMACK SA - Overview
- Exhibit 120: UNISMACK SA - Product / Service
- Exhibit 121: UNISMACK SA - Key offerings
- 10.12 Utz Quality Foods LLC
- Exhibit 122: Utz Quality Foods LLC - Overview
- Exhibit 123: Utz Quality Foods LLC - Product / Service
- Exhibit 124: Utz Quality Foods LLC - Key offerings
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 125: Inclusions checklist
- Exhibit 126: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 127: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 128: Research methodology
- Exhibit 129: Validation techniques employed for market sizing
- Exhibit 130: Information sources
- 11.5 List of abbreviations
- Exhibit 131: List of abbreviations
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