Brazil Cheese Market Research Report, 2027

Brazil Cheese Market Research Report, 2027

Actual Market Research 30-11-2022 58 Pages Figures : 6 Tables : 19 Region : South America Country : Brazil Category : Food & Beverages Food

Brazil is ranked in the top ten. There is a large variety of cheese production in Brazil, reflecting the country’s diverse cultural background. The market is driven by the rapid demand for cheese in South America. In recent times, Brazil has observed a high demand for cheese, mainly due to growing urbanisation and lifestyle and eating pattern changes. This is powering the growth of the cheese market in this region. The laws and regulations pertaining to the amount and nature of additives to be used in the production of cheese restrict the growth of the market. The key brands in the Brazil cheese market are Polenghi, Mac’N Cheese, Tirolez, Quata, President, Qualy, Itambe, Polenguinho, Pocos De Caldas, and Danubio According to the report, "Brazil Cheese Market Research Report, 2027," published by Actual Market Research, the market is anticipated to add USD 1.70 Billion by 2027. The increased spending power of consumers in developed economies is also expected to boost cheese sales. Furthermore, changing food preferences and an increasing number of working women are expected to fuel expansion potential in the Cheese market. Furthermore, increased consumption of pizza and other European-style fast foods appears to be one of the main trends, particularly among young people, to expand sales potential for cheese. The increasing demand for various product flavors in local cuisines drives the Brazil cheese industry. Aside from that, rising consumption of authentic regional cheese in the region is fueling market expansion. Furthermore, the rising premiumization of cheese by several regional brands is supporting market expansion. Mozzarella is the most-consumed cheese in Brazil, typically used on a daily basis for breakfasts, sandwiches or on pizza. Second is Prato — a yellow cheese similar to Gouda, with a mellow flavor — followed by Requeijão, a traditional Brazilian spreadable cheese. There also is a large presence of artisanal cheese in Brazil. Serrano cheese is one of Brazil’s oldest handmade cheeses Cheese production in Brazil totaled 795,000 metric tons in 2021. Cheese exports from Brazil amounted to approximately 4.6 thousand metric tons in 2021.Cheese imports in Brazil amounted to approximately 32 thousand metric tons in 2021. Market valuation indicates Cheese has a share of30% in value terms in the overall Dairy market in Brazil. Milk ranks a close second followed by Butter and Spreadable Fats. Cream has lowest value share in the dairy market. Supermarkets and hypermarkets dominate the Italy Cheese Market due to the convenience of having all products in one area and many selections at the same time. The Largest Supermarket Chain in Brazil are Companhia Brasileira de Distribuição, Carrefour Comércio e Indústria Ltda, Wal-Mart Brasil Ltda, Cencosud Brasil Comercial Ltda, Companhia Zaffari Comércio e Indústria and many more. In recent years, there has been a tremendous increase in internet usage and the use of e-commerce websites to acquire culinary items that include cheese. Carrefour, Walmart, Amazon, and other well-known vertical specialists are attracted to the market. The emerging trend of fresh, natural, handmade, specialty and artisan cheese varieties is gaining popularity among consumers. These varieties are considered to be safer and premium, owing to their natural processing techniques. The growing trend of healthy snacks also positively drives the demand for specialty and artisan cheese attributed clean label and natural ingredients. The rising trend of consuming vegan foods is expected to create a demand for plant-based cheese. The increasing popularity of plant-based foods, owing to their healthier and safer counterparts further drives the market growth. Covid-19 Impact: During the COVID-19 pandemic outbreak, the business was severely disrupted due to changing demand. The worldwide lockdowns prompted the foodservice industry to close, cutting demand for all processed food goods dramatically. Furthermore, costs are likely to reduce as high-quality products become less desirable. In contrast, increased adoption of low-cost varieties at wholesale prices from retail shops for home cooking is expected to balance the supply chain. Following the pandemic, the Cheese market is likely to benefit from the re-establishment of the foodservice sector and renewed cheese processing capacity. Considered in this report • Geography: Brazil • Historic year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Brazil Cheese market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product • Mozzarella • Cheddar • Feta • Parmesan • Roquefort • Others By Source • Animals • Plants By Type • Natural • Processed By Distribution Channel • Supermarkets/Hypermarkets • Convenience Stores • Specialty Stores • Online retail • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Cheese industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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