The Europe Halloumi Cheese Market would witness market growth of 8.5% CAGR during the forecast period (2022-2028).
Traditional Cyprus halloumi cheese is recognized as a food of Protected Designation of Origin (PDO) by the European Union (EU). This implies that halloumi cheese can only be made in Cyprus (more specifically, South Cyprus). It is now made with cow's milk or a blend of sheep and goat's milk to meet rising customer demand. Halloumi cheese is regarded as a fresh, uncultured dairy product. To keep it from drying out and to preserve it, it is generally packaged in a brine solution. Including protein, minerals, vital fatty acids, and vitamins, halloumi cheese is a high-calorie, nutrient-dense cheese.
For example, 23.5 g of total fat and 313 calories are included in 100 g of fresh cheese in brine. Halloumi offers high-quality protein comprised of all the key amino acids required for growth and development. Halloumi has a protein content of 23.9 g per 100 g. This dairy product is devoid of gluten. It is another significant alternative source of high-protein, mineral- and vitamin-rich gluten-free foods. The Mediterranean diet contains a lot of halloumi, as it is a rich source of magnesium, dietary calcium, and phosphorus. These elements support bone health and growth, especially in growing youngsters, along with vitamin D.
The developed consumer goods, food, and beverage sector is in Europe. The regional halloumi cheese sector is growing due to increased R&D spending by interested parties. The demand for halloumi cheese has surged in the European market as its use in common recipes has increased. Several market leaders have also focused on product innovation and technological breakthroughs to win a sizable portion of this regional market. The hospitality sector in the region of Europe is expanding due to the substantial population as well as the level of discretionary income in the region. People also prefer ready-to-eat meal options because of their hectic lifestyles. Therefore, in this region all these factors are expected to encourage the halloumi cheese market's expansion in the coming years.
The UK market dominated the Europe Halloumi Cheese Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $90.5 Million by 2028. The Germany market is anticipated to grow at a CAGR of 7.4% during (2022 - 2028). Additionally, The France market would witness a CAGR of 9.4% 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 UK, Germany, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Halloumi Cheese Market will Hit $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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