IMARC Group, a leading market research company, has recently releases report titled “Halloumi Cheese Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global halloumi cheese market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the halloumi cheese market?
The global halloumi cheese market size reached US$ 469 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,091 Million by 2028, exhibiting a growth rate (CAGR) of 14.7% during 2023-2028.
Market Outlook:
Halloumi cheese refers to a dairy product obtained by using pasteurized or unpasteurized milk of sheep and goats. It has a semi-hard texture, white color and a tangy or salty flavor. Halloumi cheese is moderately high in protein, fat, zinc, calcium, magnesium, and vitamin A and B. These nutrients help in nerve transmission, muscle building, hormone secretion, weight control, immune function, and bone health. In addition, halloumi cheese has a high melting point, due to which it is usually consumed as a meat-substitute and topping on salads, sandwiches, fries, and grilled goods.
Market Trends:
The escalating demand for halloumi cheese in the global market can be attributed to the rapid establishment of fast-food chains. Additionally, the increasing number of organized retail channels with improved storage facilities are further supporting the market growth. Moreover, the rising prevalence of lifestyle-related diseases has prompted manufacturers to introduce fat-free cheese variants, which is acting as a growth-inducing factor. Aggressive promotional activities adopted by leading players and the rising expenditure capacities of consumers for premium products are creating a positive outlook for the market further.
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Halloumi Cheese Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global halloumi cheese market has been studied in the report with the detailed profiles of the key players operating in the market.
Major Players Covered:
- Almarai
• Arla Foods amba
• GALAKTOKOMIO A.D.S DAFNI LTD
• Hadjipieris Ltd
• Lefkonitziatis
• NORDEX FOOD A/S
• Petrou Bros Dairy Products Ltd
• Sussex High Weald Dairy Ltd
• WAIMATA CHEESE COMPANY
• Zita Dairies Ltd
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Report Market Segmentation:
The report has segmented the global halloumi cheese market on the basis of type, end use, nature and region.
Breakup by Type:
• Flavored
• Unflavored
Breakup by End Use:
• Food Service
• Residential
Breakup by Nature:
• Organic
• Conventional
Geographical Analysis:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
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