Low-fat cheese is low in saturated fat and low-density cholesterol, which is attributed to growing risk of heart disease. This cheese is available in several forms as a healthy substitute for standard cheese. The growing awareness of consumer health has led to swift changes in eating habits. The growing demand from the fast food industry and concerns about being overweight are factors in the growth of the low-fat cheese market. In addition, some factors change the standard of living and tastes and trends in food choices, the emergence of better distribution channels, the growth of childhood obesity, the adoption of advanced technologies by consumers are common drivers that is likely to fast-track the development of the low-fat cheese market. Owing to digitization, young generation are more diverse, sophisticated and demanding while opting food products. They prefer to buy from non-mass market channels and look for brands, rather than established brands. This trend is expected to be the key driving factor for low-fat cheese market.
DuPont Nutrition & Biosciences launched DuPont Danisco Chymostar, a new coagulation for the dairy industry, which delivers ripening kinetics and optimal coagulation. Chymostar can be used to make all types of cheese; hard, medium, soft, moldy, fatty cheese, and low-fat. It is the latest addition to DuPont’s dairy portfolio that includes products like Marzyme liquid microbial coagulants and Carlina Animal Rennet.
The global low-fat cheese market is broadly diversified on the basis of product, distribution channel, and application. By product, the low-fat cheese market is segmented into feta, ricotta, mozzarella sticks, and hard cheese. Based on the application, the global market is segregated into snacks, biscuits, soups, sauces, and others. Further, the distribution channel segment is classified into online and store-based.
North America dominates the low-fat cheese market, followed by Europe. In terms of value, the size of the North American market is likely to remain dominant due to the high consumption of fast food outlets in North America. Europe is likely to propagate at the highest over the forecast period. Asia Pacific is set to have the largest market share in coming period, driven by increased disposable income, escalating demand for low-fat cheese, and health awareness.
Some of the leading players dominating the global low-fat cheese market include DSM, Lactalis Group, Kraft Foods Group Inc, Arla Foods, Crystal Farms, Bongrain, Friesland Campina, Britannia Industries, Mother Dairy, Amul Limited, Sargento Fromageries Bel S.A., and others. Although the market is running through complexities, key players are anticipating growth possibilities which depends on finding the right demand and markets around the globe.