The Asia Pacific Halloumi Cheese Market would witness market growth of 10.6% CAGR during the forecast period (2022-2028).
Halloumi is an excellent source of fat-soluble vitamins, including vitamin A, and only has a small amount of lactose, making it a low dietary source of calcium and protein for people who are lactose intolerant. Halloumi contains 201 g of natural carotenoids, pigments found in flavonoids, despite being a fresh, uncultured cheese. Vitamin A is crucial for the health of the mucosa, skin, and hair, working in conjunction with flavonoids. It is also necessary for having effective night vision. In addition, it has been discovered that eating naturally occurring foods high in flavonoids can protect against mouth, esophagus, and lung malignancies.
Riboflavin, pyridoxine, thiamin, folates, and pantothenic acid are just a few of the vital B-complex vitamin groups abundant in fresh halloumi. With the advent of globalization, halloumi cheese is now available worldwide across many offline and online stores. Particularly when it comes to groceries and dairy items, consumers feel more at ease selecting their products. The quality and freshness of dairy products are generally very carefully scrutinized by consumers. Longer operation hours, ideally round-the-clock, and accessibility to the customers are two other important elements influencing a retail sale.
Due to advances in infrastructure and the simplicity of establishing new businesses, the demand for halloumi cheese is growing rapidly in Asia. Moreover, growing e-commerce, a rise in disposable money, and the simple accessibility of packaged foods and beverages have resulted in a growth in the use of luxury goods. Additionally, In India, the restaurant industry has been growing fast for the past few years, and this increasing trend is anticipated to continue for at least the foreseeable future. The restaurant sector has grown as a result of a variety of factors, including accelerated urbanization, growing Western lifestyle knowledge, and a rise in the proportion of women joining the workforce. This will Expand the market's growth.
The China market dominated the Asia Pacific Halloumi Cheese Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $42.4 Million by 2028. The Japan market is estimated to grow a CAGR of 9.9% during (2022 - 2028). Additionally, The India market would experience a CAGR of 11.3% during (2022 - 2028).
Based on Type, the market is segmented into Unflavored and Flavored. Based on Nature, the market is segmented into Conventional and Organic. Based on End Use, the market is segmented into Food Service and Residential. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Halloumi Cheese Market is Projected to reach USD 794.6 Million by 2028, at a CAGR of 9.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Almarai Company, Arla Foods amba, Cowboy Farm Dairy Industries Ltd, Galaktokomio A.D.S. Dafni Ltd., Hadjipieris ltd., Lefkonitziatis Dairy Products Ltd, Nordex Food A/S, Petrou Bros Dairy Products Ltd, High Weld Dairy and Zita Dairies Ltd.
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