Fromage Frais and Quark Market is Estimated to Gain CAGR of 2.7% to Reach a Revenue of US$ 12.54 Bn in 2023



The global fromage frais and quark market is projected to have a moderate-paced CAGR of 2.7% during the forecast period. The current valuation of the fromage frais and quark market is US$ 12.54 Bn in 2023. The value of the fromage frais and quark market is anticipated to reach a high of US$ 16.37 Bn by the year 2033.

The proliferation of supermarkets, hypermarkets, and specialised stores around the world has led to a rise in organised retail. Manufacturers rely heavily on large, organised merchants to sell their fromage frais products in packaging. Customers can easily acquire dairy products like Fromage quark via the supermarket as it is the primary distribution channel for these items. The growing middle class, rising standard of living, and more urbanisation in developing economies like India are driving greater demand for supermarkets. Because of this, supermarkets are expanding, and consumers are buying more fromage frais.

Producers in the fromage frais and quark market may have difficulties as a result of disruptions to the supply chain caused by global lockdowns in 2020 and the extended limitations in 2021. There is expected to always be a lot of pressure on vendor profit margins from intense competition, pricing issues, and fickle customers. In addition, the fromage frais and quark market could be stunted by the ever-changing cost of its primary inputs.

Get Sample Copy@ https://www.futuremarketinsights.com/reports/sample/rep-gb-15778

Due to its widespread renown in foreign markets, Europe is home to the highest share of Fromage Frais sales. The nutritional and functional qualities of dairy proteins motivate the introduction of new products. Example: a packed food item that includes both quark and Fromage Frais, which is great for a quick breakfast or snack on the go.

Key Takeaways

  • Over the projection period of 2022-2032, it is expected that plain fromage frais would post the highest CAGR (at 5.2%).
  • In terms of sales, 50% of the fromage frais and quark market in Europe came from that region in 2022.
  • Quark Consumer demand for high-protein dairy products with reduced fat and salt content is a key factor in the industry’s expansion.
  • In 2022, the supermarket/hypermarket sector was expected to account for almost 60% of the global market.

Competitive Landscape

Due to both domestic and international competition, prices in this industry tend to be low. Nestlé SA, First Milk Limited, Arla Foods, Müller Group, Barambah Organics Pty Ltd, Lactalis, Savencia SA, Tesco Plc, General Mills Inc., and Frischli Milchwerke GmbH are among the fromage frais and quark market’s most prominent players. These businesses take part in mergers and acquisitions and continually develop new products.

Recent Developments

The Kraft Heinz Company’s Breakstone’s, Knudsen, Cracker Barrel, and Breakstone’s licence to use the Kraft Brand in grated, natural, and flavoured cheese was acquired by Lactaclis Group (Lactalis) in November 2021. This business unit is now known as Lactalis Heritage Dairy. With this purchase, the company hopes to further solidify its position as a global leader in the industry.

Have a conversation with Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-15778

First Milk and Ornua Foods UK entered a partnership in April 2022 with the intention of providing high-quality, sustainably produced cheese to British merchants. Both companies would continue to supply British cheddar and other dairy-based goods to Ornua Foods UK.

To aid in the realisation of the Sustainable Development Goals (SDGs) by 2030, food and beverage giant Nestlé said in September 2021 that it would spend CHF 1.2 billion over the following five years to promote regenerative agriculture across the company’s manufacturing line. Nestlé’s project would provide the groundwork for future sustainable food production and help the company meet its climate goals.

Key Segments in the Fromage Frais and Quark Market

Distribution Channel:

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online
  • Others

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

Browse Full Report@ https://www.futuremarketinsights.com/reports/fromage-frais-and-quark-market

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

View TOC@ https://www.futuremarketinsights.com/toc/rep-gb-15778

Explore FMI’s related ongoing Coverage on Food and Beverage Domain

Dairy Alternatives Market Size: The sales of dairy alternatives are estimated to be valued at US$ 31,369.4 Mn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 123,634.7 Mn by 2032, rising at a CAGR of 14.7% for 2022-32.

Oryzenin Market Share: During the projected period, Oryzenin market is expected to grow at a CAGR of 7.3 %. The market value is projected to increase from US$ 1,04,000.0 Mn in 2022 to US$2,10,392.6 Mn by 2032.

Hydrolysed Vegetable Protein Market Trends: Hydrolysed vegetable protein market growth to be driven by rising focus on healthy eating. FMI’s new 300+ page report examines.

Energy Gel Products Market Analysis: The Energy Gel Products Market will be worth approximately USD 637 million in 2022. The market has been growing at a CAGR of 8% between 2022 and 2032, reaching a value of USD 1,349.9 Mn.

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: [email protected]

Browse Other Reports: https://www.futuremarketinsights.com/reports

LinkedIn| Twitter| Blogs

The post Fromage Frais and Quark Market is Estimated to Gain CAGR of 2.7% to Reach a Revenue of US$ 12.54 Bn in 2023 appeared first on Future Market Insights.

Original Source of the original story >> Fromage Frais and Quark Market is Estimated to Gain CAGR of 2.7% to Reach a Revenue of US$ 12.54 Bn in 2023






Tags: