The global fromage frais and quark market is projected to grow at a steady CAGR of 2.7%, reaching a value of US$ 16.37 billion by 2033 from its current valuation of US$ 12.54 billion in 2023.
This growth is fueled by increasing consumption of traditional dairy products, the recognized nutritional benefits of fromage frais and quark, and the expansion of distribution channels. Starter cultures like mesophilic or thermophilic lactic acid bacteria are commonly used in their production.
Fromage frais and quark are rich in dairy proteins, leading to the development of innovative products. Their combination with packaged diets makes them ideal for breakfast and quick snacks, further driving market growth.
Moreover, quark is known for its calcium, vitamin A, and vitamin B content, enhancing its appeal and contributing to market expansion.
Request Sample Report and Drive Impactful Decisions: https://www.futuremarketinsights.com/reports/sample/rep-gb-15778
Supermarkets and hypermarkets are the main distribution channels for the fromage frais and quark market. This is because these establishments offer a lot of products and have a high level of brand recognition, giving customers a wide range of options. With the growth of supermarket chains around the world and the expansion of the retail sector, market growth is expected to accelerate soon. Since they are traditional dairy products from Europe, quark and fromage frais are more favored in the region. One of the key developments in the fromage frais and quark market in Europe is the increase in spending by millennials. Due to their propensity to try out new flavors, scents, and tastes, millennials make up the statistical group that consumes the most fromage frais and quark.
The segment for fromage frais and quark in North America is anticipated to develop at a swift CAGR throughout the forecast period. One of the key factors propelling the development of the North American market during the forecast period is the region’s growing popularity of organized retail.
Key Takeaways
- Between 2023 and 2033, the United States fromage frais and quark market is expected to surpass US$ 1.8 billion.
- The market in China is expected to expand at a CAGR of 7.5% between 2023 and 2033.
- Others segment in the distribution channel saw an increase throughout the predicted period, with Japan and Canada both experiencing growth of 1.6% and 4.3%, respectively.
- Germany fromage frais and quark market is likely to dominate in Europe, with a CAGR of 1.9%.
- From 2023 to 2033, the Asia Pacific region’s demand for fromage frais and quark is anticipated to reach US$ 1.1 billion, driven by nations like China, India, and South Korea.
- About 60% of the market is taken up by the segment of supermarkets and hypermarkets. The CAGR for the online distribution channel is predicted to be 3.1%.
Embrace Smarter Choices With Our Methodology-Derived Insights: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-15778
Competitive Landscape
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 a few of the significant businesses that are now participating in the sector.
These businesses are actively engaged in product innovation, mergers, and acquisitions. Due to the aforementioned strategies, these big players may continue to dominate the market.
Recent Development
- Collaboration – April 2022
To continue supplying British cheddar and dairy-based products to Ornua Foods UK for the long term and provide premium, sustainably produced cheese to British retailers, First Milk and Ornua Foods UK collaborated.
- Acquisition – November 2021
The Kraft Heinz Company’s license to use the Kraft Brand in the grated, natural, and flavored cheese industries was acquired by Lactaclis Group (Lactalis). Lactalis operate as Lactalis Heritage Dairy.
- Investment – September 2021
To support the Sustainable Development Goals (SDGs) by 2030, Nestlé stated that it plans to invest US$ 3.6 billion in regenerative agricultural promotion across the company’s manufacturing line.
Gain Immediate Access to Detailed Market Insights Purchase Now: https://www.futuremarketinsights.com/checkout/15778
Key Segments
By Distribution Channel:
- Supermarkets/Hypermarkets
- Convenience Stores
- Online
- Others
By Region:
- North America
- Latin America
- Asia Pacific
- The Middle East and Africa (MEA)
- Europe
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
