Individual Quick Frozen Cheese Market Growth & Trends
The global individual quick frozen cheese market size is expected to reach USD 9.52 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.8% from 2022 to 2030. Individual quick frozen (IQF) shredded and diced cheese products are among the fastest-growing categories in cheese owing to their convenience and price structure, which has made these products very attractive in recent years. IQF products have almost no limitation in terms of handling and shelf life; as a result, different types of cheese can be found in this category. These cheeses are typically used in French recipes, tarts, pizzas, salads, and starters. Consumers across the globe are consuming exclusive cheese products with the help of IQF technology.
The mozzarella product segment accounted for the largest revenue share in 2021 and is expected to maintain its lead over the forecast period. The growing availability of IQF mozzarella cheese in blocks, cubes, and slices is drawing the attention of food manufacturers. Frozen food manufacturers have been trying it with various convenient frozen food items because this cheese does not stick together and remains separate in its boxes.
The non-standard of identity (SOI) cheese type segment held the largest revenue share in 2021. Non-SOI cheeses find application in pizzas, burgers, soups, and desserts as they have versatile flavor profiles. In addition, custom formulations enable cheese manufacturers to leverage non-SOI cheeses to achieve qualities that allow them to match specific applications. The market is consolidated with the presence of a large number of international players and few regional players.
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Individual Quick Frozen Cheese Market Report
Individual Quick Frozen Cheese Market Report Highlights
- Europe held the largest revenue share in 2021 owing to the rapid increase in the number of pizzerias and fast-food chains across the region
- The cow cheese source segment dominated the market in 2021 as cow’s milk has a mild, neutral flavor that makes it versatile for cheese making, particularly cheddar and mozzarella
- By type, the Standard of Identity (SOI) segment is anticipated to expand at the fastest CAGR of 5.6% from 2022 to 2030 as manufacturers are adhering to SOI as part of a supply chain quality control program to ensure both quality and authenticity
