Growth of the market is dependent upon the growth of the cheese industry, with the key factor being demand for cheese. Also, the cheese being the key ingredient for many cuisines around the world, the projected growth factor is exponential.
The cheese ingredients market is projected to grow at a double-digit CAGR from 2014 to 2025. It is driven by factors such as the increased demand for cheese due to growth in the fast food industry. Furthermore, factors such as increasing disposable income and rapid urbanization have also increased the demand for cheese ingredients.
Among the ingredients of cheese such as milk, cultures, enzymes, and additives, milk accounted for the largest market share in 2014, followed by cultures, additive, and enzymes. Enzymes are extensively used in regions where the demand for enzyme modified cheese is greater due to the increased demand for healthy and nutritious cheese products.
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The demand for ingredients used in natural cheese market is mainly driven by the benefits cheese offers; such as it is rich in proteins, vitamins, minerals, enzymes, and healthy bacteria (probiotics). The demand for ingredients used for natural cheese manufacturing is driven by increasing consumer awareness about the health benefits associated with it.
The nutritional value of cheese varies widely. Cottage cheese consists of 4% fat and 11% protein while some whey cheeses are 15% fat and 11% protein, and triple cream cheeses are 36% fat and 7% protein.
Besides, cheese is a rich source of calcium, protein, phosphorous, sodium, and saturated fat. Nutritionally, cheese is essentially concentrated milk; it takes about 200 grams of milk to provide that much protein.
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