North America Halloumi Cheese Market

North America Halloumi Cheese Market Size, Share & Industry Trends Analysis Report By Type (Unflavored and Flavored), By Nature (Conventional and Organic), By End Use (Food Service and Residential), By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-14450 Publication Date: March-2023 Number of Pages: 55
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Market Report Description

The North America Halloumi Cheese Market would witness market growth of 9.9% CAGR during the forecast period (2022-2028).

One of the main elements fostering a favorable view of the market is the massive growth of the food and beverage industry. Halloumi cheese is used in various ways by restaurants, cafes, and other eating establishments to create new and interesting recipes for its patrons. Furthermore, altering customer preferences for halloumi cheese as a meat substitute also expands the market. Several advancements in packaging technologies that preserve product quality and lengthen shelf life also contribute to the industry's growth.

In an effort to appeal to a wider consumer base, cheese producers are creating halloumi cheese variations with unique and exotic flavor profiles. They also use social media to advocate brands with well-known individuals and e-commerce platforms to provide consumers with alluring offers and conveniences. The industry is expected to develop for several reasons, such as consumers' rising spending power and their growing preference for high-end and luxury foods.

North America is a prosperous region with well-established distribution systems that encourage the sale of massive amounts of food and drink. A growth in cheese consumption in restaurants has led to a considerable expansion of the halloumi cheese market in North America. The inhabitants of the US and Canada have one of the highest per capita incomes and, consequently, substantial incomes that they are free to spend as they like. Their capacity to purchase more things increases. As a result, giving them greater freedom to try new meals. For example, the rise of pizza is largely responsible for cheese's rising popularity among Americans. In addition, the variety of cheese available in grocery stores has increased due to developments in packaging and seasoning. This will expand the market's growth.

The US market dominated the North America Halloumi Cheese Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $144.7 Million by 2028. The Canada market is poised to grow at a CAGR of 12.4% during (2022 - 2028). Additionally, The Mexico market is expected to witness a CAGR of 11.4% 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 U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Halloumi Cheese Market is Predict to reach $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.

Scope of the Study

Market Segments Covered in the Report:

By Type

  • Unflavored
  • Flavored

By Nature

  • Conventional
  • Organic

By End Use

  • Food Service
  • Residential

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • 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
  • Zita Dairies Ltd.
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