The global pasta filata cheese market is estimated to be valued at US$6.4 Bn in 2023, according to a new report published by Coherent Market Insights. Pasta filata is a family of stretched-curd cheeses that are made by cooking and kneading the curds. The most common types of pasta filata cheese include mozzarella, provolone and scamorza. Pasta filata cheese has applications in the food processing, foodservice and retail segments. Mozzarella is one of the most popular cheese for use in pizzas, sandwiches and pastas. Provolone is used in grilled sandwiches and pasta dishes.
The global pasta filata cheese market is estimated to be valued at US$ 12.5 billion in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
The evolving taste preferences of millennial consumers towards international cuisines that use pasta filata cheese such as pizza and pasta is a key driver expected to fuel growth of the global pasta filata cheese market over the forecast period. For instance, mozzarella cheese is a popular choice of cheese used as a topping on pizza. According to the United States Department of Agriculture, annual per capita consumption of pizza in the United States increased from 25 pounds in 1970 to over 45 pounds in 2020, highlighting expanded popularity and access to pizza. Furthermore, growing demand for low-fat and high-protein cheese alternatives due to increasing health awareness is driving research and development of new product variants made from pasta filata cheese. However, volatility in raw milk prices poses a challenge to stable production of pasta filata cheese.
SWOT Analysis
Strength: Traditional Pasta Filata cheese such as Mozzarella and Provolone are very popular and in high demand globally. The stretched curd structure gives a smooth texture and meltability which is ideal for pizza, pasta dishes, and other baked goods. The production process allows for various modifications to produce specialized varieties.
Weakness: The production technique involves labor-intensive manual stretching and shaping of the curd which increases costs. Pasta Filata cheese has a more limited shelf life compared to other varieties due to higher moisture levels.
Opportunity: Emerging market regions in Asia Pacific and Middle East & Africa are experiencing rising incomes and exposure to Western cuisine, driving the consumption of pizza and other dishes featuring Pasta Filata cheese. Innovative new product launches such as lower-sodium and protein-enriched varieties can attract health-conscious consumers.
Threats: Stricter environmental and food safety regulations globally could drive up compliance costs for manufacturers. Import tariffs due to trade conflicts pose risks for export-reliant producers. Substitute cheeses offer cost savings and often have longer shelf life.
Key Takeaways
The Global Pasta Filata Cheese Market Size is expected to witness high growth supported by increasing demand from food processing and foodservice industries for use in pizza, pasta, and specialty dishes.
Regional analysis comprises: The Asia Pacific Pasta Filata cheese market accounts for over 40% share currently, led by China, India, and other Southeast Asian nations experiencing rapid urbanization and economic development. Growing exposure to Mediterranean and Italian cuisine is fueling demand for traditional varieties like Mozzarella while domestic cheese consumption expands overall.
Key players operating in the Pasta Filata cheese market include Devondale Murray Goulburn, Fonterra Co-operative Group, Granarolo, Bel Group, Saputo, Del Marco Food Group, Sargento Foods, and Arla Foods. These companies distribute globally and invest in new technologies and product innovation.
Explore more information on this topic, Please visit -
https://www.pressreleasebulletin.com/pasta-filata-cheese-market-size-and-trends-analysis/
Explore more trending article related this topic -
https://www.insightprobing.com/virtual-reality-in-gaming-market-share-and-demand-analysis/
https://techaxen.com/game-engines-powering-the-future-of-gaming/
