Industry Background:
Halloumi and feta cheese are obtained from the sheep and goats milk and the cheese is made from the combination of both the milk, halloumi cheese type has more calories, and more fat than feta cheese. These are semi-hard, brines cheese and has its different melting point, it also has a rubbery texture with saltiness. The cheese is available in the online store, grocery store, and other stores in different forms like small or big cubes, slices, and shredded form.
According to AMA Research, the market for Halloumi and Feta Cheese is expected to register a CAGR of 21.3% during the forecast period to 2030. This growth is primarily driven by Demand for Vitamins B, Phosphorus, and Calcium-Rich Food Products
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Food Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Arla Foods (Denmark), Lemnos Foods P/L (Australia), Pittas Dairy Industries Ltd (United States), Delamere Dairy (United Kindom), Nordex Food A / S (Denmark), Hadjipieris Organic Farm (Cyprus) and Achnagal Dairies Industry (Cyprus), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In April 2021, Private equity firm CVC Capital Partners has agreed to acquire a majority stake in SI Foods Holding, giving it control of the Greek dairy business Dodoni.
In February 2020, DODONI, the leading dairy company in Greece, has announced its top of the range Feta and Halloumi is now available in over 200 Marks & Spencer’s stores across the UK. Following recent news confirming that the exclusive trademark for Halloumi in the UK has been restored, giving Cypriot farmers an exclusive right to market their cheeses using the ‘Halloumi’ description, consumers can now be sure that the products they buy are authentic and made in Cyprus.
Influencing Trend:
Increasing Application of Halloumi and Feta Cheese in the Baked Products
Market Growth Drivers:
Demand for Vitamins B, Phosphorus, and Calcium-Rich Food Products and Increasing Demand for the Cheese Food Products
Challenges:
Number of New Entrants in the Market Increasing the Competition in Halloumi and Feta Cheese Market
Restraints:
Side Effects Related to the Consumption of Halloumi and Feta Cheese
Opportunities:
Availability of Halloumi and Feta Cheese on Online Platform and Awareness about the Halloumi and Feta Cheese Health Benefits
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Halloumi and Feta Cheese Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Halloumi and Feta Cheese Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Halloumi and Feta Cheese players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Halloumi and Feta Cheese Study Sheds Light on
The Halloumi and Feta Cheese Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Halloumi and Feta Cheese industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Halloumi and Feta Cheese industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.