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Cream and Soft Cheese Market Poised for Growth

World 03.01.2024
Source: The DairyNews
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The global cream and soft cheese market is set to witness robust growth, with a projected Compound Annual Growth Rate (CAGR) of 5.6%, reaching a value of US $11.31 billion by 2033, according to market research and competitive intelligence provider Fact.MR.
Cream and Soft Cheese Market Poised for Growth
Source: freepik.com
Cream cheese, known for its smooth and spreadable texture, derived from cream and milk, is a versatile ingredient widely used in various culinary applications. Recognized for its mild flavor and adaptability, it suits both sweet and savory dishes and has a lower fat content compared to some other cheeses.

Soft cheeses like Brie or Camembert, characterized by elevated moisture levels and a creamy consistency, are valued for their mild and delicate taste, complementing fruits and bread exceptionally well. The shorter aging process contributes to a quicker production timeline, and these cheeses can be made from various milk sources, such as cow, goat, or sheep.

The market growth is attributed to shifting consumer preferences, marked by an increasing demand for versatile and convenient dairy products. However, traditional cream and soft cheese manufacturers face challenges from the rise of plant-based cheese alternatives. Consumers are opting for plant-based options due to health, ethical, and environmental considerations.

Factors like fluctuations in milk prices and availability, influenced by weather conditions and market dynamics, may impact the cream and soft cheese market. Adverse weather events such as droughts or floods can affect milk production, thereby influencing market dynamics.
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