Feta Cheese Market

Feta Cheese Market Growth and Forecast (2023-2028):

Feta Cheese Market Size was valued at USD 13.2 billion in 2023 and it is projected to reach USD 16.87 billion by 2028, with growth at a CAGR of 7.2%.

Market Overview:

Feta is a brined curd white cheese manufactured in Greece from sheep's milk or a combination of sheep and goat's milk. It has a delicate texture, few or no holes, a compact feel, minimal cuts, and no skin. It's shaped into huge blocks and brine-aged. It has a tangy, salty flavor that ranges from moderate to sharp. It has a slightly gritty texture and is crumbly. It's frequently served with olive oil or olives, as well as aromatic herbs like oregano. For many people, "feta" is a general term for a white, crumbly cheese that has been cured in brine. The cheese was first made in the Eastern Mediterranean and the Black Sea region. Over time, production has spread to nations including as Denmark, France, Germany, the United Kingdom, and the United States, and they are commonly referred to as feta. They are made partly or entirely of cow's milk.Feta cheese is consumed by health-conscious individuals who are aware of the advantages of the product. It has numerous health benefits and contains a fatty acid that aids in body weight management. Furthermore, it has the potential to minimize diabetes risks since feta cheese includes protein and calcium, both of which aid in the control of blood sugar levels in the body.

Traditionally, feta is made from entire sheep's milk or a combination of sheep's and goat's milk. Pasteurized milk may or may not be used, however, most manufacturers currently utilize pasteurized milk. If pasteurized milk is used, a starting culture of microorganisms is introduced to replace those destroyed by pasteurization that is naturally present in raw milk. Acidity and flavor development need these microbes. Rennet is added after the pasteurized milk has cooled to around 35 °C, and the casein is allowed to coagulate. The curds are then broken up and placed in a specific mold or a cloth bag to drain the whey. When the salted curds are placed in metal containers or wooden barrels and allowed to infuse for many days, the curd is hard enough to break up and salt; salinity will ultimately reach around 3%.

REPORT COVERAGE:

Feta Cheese Market Key Trends:

The global feta cheese industry is growing due to changing lifestyles and the adoption of healthful meals. When added to any recipe, it gives it a tangy flavor and a lively texture. Furthermore, its delectable flavour and comprehensive vegetarian package round out the diet.

Feta cheese is widely recommended by fitness experts all over the world since it has less fat and calories than other forms of cheese. People with hypertension eat healthy foods, and feta cheese, which has medicinal properties, plays an important role in decreasing blood pressure. Feta cheese is unique among cheeses because of its healing properties and high vitamin content. However, feta cheese has a number of drawbacks because it contains a significant level of sodium throughout the manufacturing process. Furthermore, due to hazardous microorganisms contained in it, it is not suitable for pregnant women to consume. All of the aforementioned factors have the potential to hinder market expansion.

Global Feta Cheese Market Segmentation Analysis:

By Source:

• Cow Milk

• Sheep Milk

• Goat Milk

In the feta cheese market, sheep milk is holding the major share. Due to its better advantages to cow, goat, and buffalo milk, sheep milk is becoming increasingly popular. The feta cheese market is growing due to a shift in demand for sheep milk for the manufacturing of high-quality and high-yielding cheese.

By Type:

• Bulgarian Feta

• French Feta

• German Feta

• Others

Consumers have become increasingly aware of the flavor of the food they eat as their knowledge and awareness of product advantages have grown. As a result, the German feta cheese market is anticipated to develop at a rapid pace.

By Distribution Channel:

• B2B distribution

• B2C distribution

Among those B2B distribution channels is dominated by the global market. Food services are part of the B2B distribution route. It provides meals and snacks for on-the-spot consumption as well as take-out. It includes full-service restaurants, fast food restaurants, caterers, cafeterias, and other businesses that prepare, serve, and sell food to the general public for a profit. The demand for different fast meals from prominent food chains such as Burger King, KFC, McDonald's, and Dominos is expected to increase through the B2B distribution channel, boosting cheese demand.

Impact Of COVID-19 On Feta Cheese Market :

COVID 19 disrupted the global economy in distinct ways. Companies are facing severe difficulties due to lockdown and ban on flight restrictions across the world. Disruptions in the supply chain and production unit have changed the market shares. However, from the start of 2021, the world is slowly coming into a normal state amid the COVID 19 crisis that is projected to fuel the shares of the feta cheese market during 2022 - 2027.

Geographical Segmentation Analysis:

• North America

• Europe

• The Asia Pacific

• Latin America

• Middle East and Africa

Regional Analysis:

North America is leading with the dominant shares of the market by owing to growing expenditure on the food items.

Increasing disposable income and rising demand for premium quality food products are enhancing the demand of the feta cheese market. The fact that feta cheese is one of the major components in the "bowl" of the Mediterranean diet, which has now become recognized to everybody for its good benefits for the body, is one of the main reasons for its broad distribution in recent years. The fundamental characteristics of the traditional Greek diet, which is one of the world's healthiest, have a significant influence on American consumers.

Feta cheese is lower in fat than many other kinds of cheese on the market. Feta is rapidly being used as a component in a wide range of meals, salads, snacks, sandwiches, and other foods, with feta appearing on the shelves of supermarkets and chain shops delicatessen.

Europe feta cheese market is set to control the majority of the global market.

Feta cheese is primarily manufactured in Europe and exported from European nations all over the world. Due to an increase in demand from millennials and an increase in desire for fresh and ready-to-eat food as a result of changing lifestyles, Germany and the Netherlands have the largest feta cheese markets in Europe.

Furthermore, the European feta cheese industry is driven by increased knowledge of the advantages of cheese, its low cost, and the expansion of application areas.

Asia pacific is following Europe in holding the significant shares of the market. Rising government support and growing awareness over the healthy lifestyle are promoting the demand of the Asia pacific feta cheese market.

Latin American feta cheese market is estimated to have significant shares in the coming years. The Middle East & Africa feta cheese market is having slow growth from past few years that is anticipated to grow at a prominent growth rate in the forecast period.

Feta Cheese Market Key Players:

Feta Cheese Market are

1. Arla Foods amba

2. Lactalis American Group, Inc

3. Fonterra Co-operative Group

4. Saputo Inc

5. The Kraft Heinz Company

6. Dodoni S.A

7. SADAFCO

8. Clover Leaf Cheese Ltd