IMARC Group, a leading market research company, has recently released a report titled “Halloumi Cheese Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”. The study provides a detailed analysis of the industry, including the market share, size, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the halloumi cheese market?
The global halloumi cheese market size reached US$ 469 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,091 Million by 2028, exhibiting a growth rate (CAGR) of 14.7% during 2023-2028.
What is halloumi cheese?
Halloumi cheese is a semi-hard, brined cheese that has gained widespread popularity for its unique texture and versatile culinary applications. Characteristically, it has a high melting point which allows it to retain its shape when grilled or fried, making it a popular choice for a variety of dishes. The cheese is typically white with a layered structure and has a slightly rubbery, almost squeaky texture when bitten into. Flavor-wise, halloumi is salty, owing to its brining process, and it can have a mildly tangy or savory undertone. It is often enjoyed in salads, sandwiches, and as a meat substitute in various recipes.
A noteworthy feature of halloumi is its long shelf-life; it can be stored in its original brine and refrigerated for an extended period. Its unique characteristics have made it a staple ingredient in both traditional and modern cuisine, appealing to a wide range of palates.
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Halloumi Cheese Market Trends and Drivers:
The increasing consumer interest in specialty and ethnic foods is a primary factor driving the growth of the halloumi cheese market. Additionally, the availability of halloumi cheese across various price points allows it to be accessible to a wide range of consumers, further fueling market growth. The versatile utility of halloumi cheese, which can be grilled, fried, or eaten fresh, adds significant value to culinary experiences, thus encouraging market expansion. This positive trend is further enhanced by the rising influence of online platforms that specialize in gourmet and specialty foods, making halloumi more readily available to a global consumer base and facilitating market growth.
Moreover, the growing emphasis on food diversity and cultural culinary exploration is drawing attention to halloumi's unique qualities, creating an optimistic market outlook. As consumer awareness of global cuisines continues to expand, halloumi cheese is likely to benefit from this trend, aligning well with a broadening palate for unique, high-quality food products.
Competitive Landscape With Key Players:
The competitive landscape of the global halloumi cheese market has been studied in the report with the detailed profiles of the key players operating in the market.
Halloumi Cheese Key Companies:
- Almarai
- Arla Foods amba
- GALAKTOKOMIO A.D.S DAFNI LTD
- Hadjipieris Ltd
- Lefkonitziatis
- NORDEX FOOD A/S
- Petrou Bros Dairy Products Ltd
- Sussex High Weald Dairy Ltd
- WAIMATA CHEESE COMPANY
- Zita Dairies Ltd.
Halloumi Cheese Market Segmentation:
The report has segmented the global halloumi cheese market on the basis of type, end use, nature and region.
Breakup by Type:
• Flavored
• Unflavored
Breakup by End Use:
• Food Service
• Residential
Breakup by Nature:
• Organic
• Conventional
Geographical Analysis:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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