What is Cottage Cheese?
Cottage Cheese also known as Paneer in the Indian subcontinent is a fresh curd cheese. It is prepared by curdling the milk, resulting in the formation of the soft fluffy block or granules of cheese, which are then drained and the water is separated. Compared to other popular cheese, the cottage cheese is not aged. Cottage cheese has very low calories and is considered to possess excellent probiotic properties as well as other good bacteria. The cottage cheese is curdled using the traditional lemon juice, earlier made cottage cheese or other products such as vinegar, citric acid. Currently, Indian Subcontinent specifically India has the largest market of the cottage cheese followed by North America.
The market study is broken down, by Application (Natural Cheese, Processed Cheese and Cheese Food) and major geographies with country level break-up.
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Gujarat Cooperative Milk Marketing Federation Ltd. (India), Mother Dairy Fruit & Vegetable Pvt Ltd. (India), Britannia Industries Limited (India), Nancy's Probiotic Foods (United States), Good Culture (United States), Daisy Brand LLC (United States), Organic Valley (United States), Milky Mist Dairy Food Private Limited (India) and Parag Milk Foods (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Patanjali Ayurved (India), Chitale Dairy (India) and ID Fresh Foods (India).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Cottage Cheese market by Type, Application and Region.
On the basis of geography, the market of Cottage Cheese has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel , the sub-segment i.e. Online {E-Commerce Stores} will boost the Cottage Cheese market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging , the sub-segment i.e. Plastic Packets will boost the Cottage Cheese market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2021, International Finance Corp, a United States based financial institution which invests, advices and offers asset management to private companies in developing countries has announced acquisition of 6.41% stake in Parag Milk Foods. The deal is worth around 100 million USD. This funds may be used by Parag to accelerate its growth, and expand its product portfolio as well as its geographical presence.
In 2021, Hatsun Agro Product Ltd., a leading private dairy company based in India has announced launch of its Indian cottage cheese product under the brand of Arokya. Hatsun Agro has preferred a more traditional procedure to manufacture its paneer or Indian cottage cheese compared to other commercial dairy companies as instead of using cultured bacteria, Hatsun uses lemon juice to manufacture its Paneer providing soft texture and natural flavoring to the Paneer.
Market Trend
- Processed Cheese Accounts for Larger Market Share
Market Drivers
- Rise of Vegetarianism Culture and Application of Cottage Cheese in Other Processed Packaged Food
- Growth of the Restaurant and Café Businesses
Opportunities
- Organic Segment Presents Huge Opportunity with Rise of Chemical Free Food Sentiments
Restraints
- Presence of Adulteration and Contamination of the Products
Challenges
- Large Number of Local Players Present along with Global Players
Key Target Audience
Cottage Cheese Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.