China Individual Quick Frozen Cheese Market Size & Outlook
China individual quick frozen cheese market, 2018-2030 (US$M)
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China individual quick frozen cheese market highlights
- The China individual quick frozen cheese market generated a revenue of USD 392.3 million in 2021 and is expected to reach USD 567.2 million by 2030.
- The China market is expected to grow at a CAGR of 4.2% from 2022 to 2030.
- In terms of segment, mozzarella was the largest revenue generating product in 2021.
- Mozzarella is the most lucrative product segment registering the fastest growth during the forecast period.
Individual quick frozen cheese market data book summary
| Market revenue in 2021 | USD 392.3 million |
| Market revenue in 2030 | USD 567.2 million |
| Growth rate | 4.2% (CAGR from 2021 to 2030) |
| Largest segment | Mozzarella |
| Fastest growing segment | Mozzarella |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mozzarella, Cheddar, Parmesan |
| Key market players worldwide | Procter & Gamble Co, Granarolo, Fonterra Co-operative Group, Leprino Foods, Ornua Ingredients North America, Casa RADICCI |
Other key industry trends
- In terms of revenue, China accounted for 10.6% of the global individual quick frozen cheese market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China individual quick frozen cheese market is projected to lead the regional market in terms of revenue in 2030.
- Philippines is the fastest growing regional market in Asia Pacific and is projected to reach USD 102.5 million by 2030.
Key Regions: U.S. , Japan , Brazil , UAE , South Korea
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Individual Quick Frozen Cheese Market Scope
Individual Quick Frozen Cheese Market Companies
| Name | Profile | # Employees | HQ | Website |
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China individual quick frozen cheese market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to individual quick frozen cheese market will help companies and investors design strategic landscapes.
Mozzarella was the largest segment with a revenue share of 61.2% in 2021. Horizon Databook has segmented the China individual quick frozen cheese market based on mozzarella, cheddar, parmesan covering the revenue growth of each sub-segment from 2018 to 2030.
In recent years, the consumption of cheese has taken off in China, which is presents a very strong potential for the IQF cheese market. Food-service outlets are beginning to see it as an essential ingredient for pizzas, pastas, and other fast foods, which is driving the IQF cheese market in the country.
Across China, restaurants are offering western-style foods like burgers and tacos, which require cheese as a topping. These ready meals are gaining popularity among a growing number of urban, middle-class, and young consumers. These factors will boost the uptake of IQF cheese in the county in the coming years.
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Our clientele includes a mix of individual quick frozen cheese market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China individual quick frozen cheese market , including forecasts for subscribers. This country databook contains high-level insights into China individual quick frozen cheese market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China individual quick frozen cheese market size, by product, 2018-2030 (US$M)
China Individual Quick Frozen Cheese Market Outlook Share, 2021 & 2030 (US$M)
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