Asia Pacific Frozen & Chilled Cheese Market Outlook

asia pacific frozen & chilled cheese market outlook 2018 to 2032 the asia pacific frozen & chilled cheese market is expected to witness significant growth in the coming years, driven by the ever-growing demand for convenience-oriented food products and strong market growth in several countries across the region. in 2018, the market was valued at around us$ xx billion, and is expected to grow at a cagr of xx% over the period 2018-2032. high demand for the convenience foods in both informal and formal channels, increasing disposable income, expansion of the e-commerce industry, and increasing awareness and availability of different types of frozen and chilled cheese are expected to drive the market growth in the region. health & wellness trends and demand for lower-calorie foods is also driving the growth of individual segments such as low-fat cheese and reduced-fat cheese. furthermore, growing popularity of ethnic and organic products, which include healthy microbiome & probiotic cheese, is further expected to fuel market demand. in terms of type, mozzarella dominated the market in 2018 and is anticipated to remain dominant throughout the forecast period. rising consumption of pizza and pasta, increasing demand for fast-food products, strong demand from north america, and growing popularity of italian cuisines and cultures are some of the key factors driving the demand over the forecast period. cheddar cheese is expected to be the fastest growing cheese type, due to its high consumption in countries such as india, japan and china. in terms of distribution channel, retail stores, including supermarkets, hypermarkets and convenience stores, dominated the market in 2018 and is expected to maintain its dominance over the forecasted period. foodservice channels, such as restaurants, cafes, hotels, and fast food chains are also expected to witness strong growth, driven by changing lifestyles and growing demand for convenience food. going forward, the ease in production processes, and continued supportive government policies are likely to boost the demand for frozen and chilled cheese in the asia pacific region. meanwhile, rising health awareness and the increasing focus on health-oriented dairy products may impede market growth. volatility in milk prices, rising packaged cheese prices, and stringent regulations regarding product labeling and additives are some of the major challenges hampering the market growth.