Press Release

Aug, 27 2024

Rapidly Expanding Food Service Industry is Expected to Drive Market Growth

Cheese sauce is a creamy condiment made by melting cheese with milk, butter, and thickening agents like flour or cornstarch. It is commonly used in various culinary applications to enhance flavor and texture. End uses include serving as a key component in macaroni and cheese, topping for nachos, and accompaniment for vegetables and potato dishes. It is also utilized in sandwiches, burgers, and as a dip for snacks like crackers and chips. Cheese sauce provides a rich, cheesy flavor and smooth consistency, making it a versatile ingredient in both home cooking and foodservice.

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Data Bridge Market Research analyzes that the Global Cheese Sauce Market is expected to reach USD 7.30 billion by 2031 from USD 5.45 billion in 2023, growing with a substantial CAGR of 3.8% in the forecast period of 2024 to 2031.  

Key Findings of the Study

Cheese Sauce Market

Increasing Demand for Convenience Foods

Consumers' fast-paced lifestyles and the need for quick, easy-to-prepare meals have elevated the popularity of convenience foods, including ready-made cheese sauces. These products offer a time-saving solution for individuals seeking to prepare meals without extensive preparation. The convenience and versatility of cheese sauce, which can be used in various dishes such as pasta, nachos, and vegetables, make it a staple in many households. This demand surge is particularly noticeable among working professionals, students, and busy families who prioritize convenience without compromising taste and quality. Cheese sauce fits perfectly into this trend by providing a flavourful addition to a variety of meals with minimal effort. Additionally, the trend towards snacking and on-the-go eating has bolstered the cheese sauce market, as it serves as a popular dip for snacks like chips and pretzels.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022  (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion 

Segments Covered

Type (Cheddar Cheese Sauce, Mozzarella Cheese Sauce, Parmesan Cheese Sauce, Gouda Cheese Sauce, Multiple Cheese Sauce, Pecorino Cheese Sauce, Emmental Cheese Sauce, Havarti Cheese Sauce, Ricotta Cheese Sauce, Edam Cheese Sauce, and Others), Product Type (Animal Based Cheese Sauce and Plant Based Cheese Sauce), Flavor (Garlic, Spicy, Smoky, Jalapeno, Chipotle, Tangy, and Others), Nature (Organic and Conventional), Brand Category (Branded and Private Label), Packaging Type (Jars, Cans, Pouches, Bottles, Tubes, and Others), Packaging Size (201-300 Grams, More than 500 Grams, 401-500 Grams, 301-400 Grams, 101-200 Grams, and Less than 100 Grams), End User (Food Service Sector, and House Hold/ Retail), Distribution Channel (Store Based Retailers and Non-Store Retailers)

Countries Covered

U.S., Canada, Mexico, China, Australia, Japan,  India, South Korea, New Zealand, Singapore, Thailand, Malaysia, Philippines, Vietnam, Taiwan, Indonesia, Rest of Asia-Pacific, Germany, France, U.K., Belgium, Turkey, Poland,  Italy, Netherlands, Spain, Denmark, Russia, Switzerland, Sweden, Finland, Norway, Rest of Europe, Brazil, Argentina, Rest of South America, Saudi Arabia, U.A.E., Bahrain, Egypt,  South Africa, Oman, Kuwait, Qatar, Israel, and Rest of Middle East and Africa

Market Players Covered

The Kraft Heinz Company (U.S.), Nestlé (Switzerland), Unilever (U.K.), Bay Valley Foods, LLC (U.S.), Gehl Foods, LLC. (U.S.), Berner Food & Beverage LLC (U.S.), Campbell Soup Company (U.S.), Tatua Co-operative Dairy Company Limited (New Zealand), SAVENCIA SA (France), AFP advanced food products llc. ( U.S.), Mizkan America Inc. ( U.S.), FUNacho (U.S.), Kewpie Corporation (Japan), RICOS (U.S.), Umiya Milk Products Pvt. Ltd. (India), and Hexa Food Sdn Bhd. (Malaysia), among others

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis

The global cheese sauce market is segmented into nine notable segments based on cheese sauce type, product type, flavour, nature, brand category, packaging type, packaging size, end user, and distribution channel.

  • On the basis of cheese sauce type, the market is segmented into cheddar cheese sauce, mozzarella cheese sauce, parmesan cheese sauce, gouda cheese sauce, multiple cheese sauce, pecorino cheese sauce, emmental cheese sauce, havarti cheese sauce, ricotta cheese sauce, edam cheese sauce, and others

In 2024, the cheddar cheese sauce segment is expected to dominate the market

In 2024, the cheddar cheese sauce segment is expected to dominate the market with a share of 25.55% due to its rich, tangy flavour and widespread recognition.

  • On the basis of product type, the market is segmented into animal based cheese sauce and plant based cheese sauce

In 2024, the animal based cheese sauce segment is expected to dominate the market

In 2024, the animal based cheese segment is expected to dominate the market with a share of 58.46% due to its traditional, rich flavour and creamy texture, which are highly valued by consumers.

  •  On the basis of flavour, the market is segmented into garlic, spicy, smoky, jalapeno, chipotle, tangy, and others. In 2024, the garlic segment is expected to dominate the market with a market share of 33.01%
  • On the basis of nature, the market is segmented into organic and conventional. In 2024, the organic segment is expected to dominate the market with a market share of 67.81%
  • On the basis of brand category, the market is segmented into branded and private label. In 2024, the branded segment is expected to dominate the market with a market share of 67.36%
  • On the basis of packaging type, the market is segmented into jars, cans, pouches, bottles, tubes, and others. In 2024, the jars segment is expected to dominate the market with a market share of 32.58%
  • On the basis of packaging size, the market is segmented into 201-300 grams, more than 500 grams, 401-500 grams, 301-400 grams, 101-200 grams, and less than 100 grams. In 2024, the more than 500 grams segment is expected to dominate the market with a market share of 30.28%
  • On the basis of end user, the market is segmented into food service sector and house hold/ retail. In 2024, the food service sector segment is expected to dominate the market with a market share of 62.15%
  • On the basis of distribution channel, the market is segmented into store based retailers and non-store retailers. In 2024, the store based retailers segment is expected to dominate the market with a market share of 52.32%

Major Players

Data Bridge Market Research analyses The Kraft Heinz Company (U.S.), Nestlé (Switzerland), Unilever (U.K.), Bay Valley Foods, LLC (U.S.), Gehl Foods, LLC. (U.S.) as the major player operating in the market.

Cheese Sauce Market

Recent Developments

  • In April 2024, The Kraft Heinz Company brand VELVEETA launched its first ready-to-eat queso in three flavors: Queso Con Salsa, Queso Blanco, and Jalapeno. This marks the brand’s entry into the ready-to-eat queso category, offering fans a convenient way to enjoy their favourite cheese
  • In April 2023, Nestlé Professional partnered with The Food Institute to provide livestream coverage at the 2023 National Restaurant Association Show on May 20-21 in Chicago. The livestream will offer insights into the foodservice industry, including trends, consumer data, and product innovations, from Nestlé Professional’s booth
  • In July 2022, Mizkan America, Inc. brand name RAGÚ has partnered with Lasagna Love to support families in need for National Lasagna Day. RAGÚ encourages consumers to sign up as Lasagna Love Chefs to make and deliver lasagnas locally. The first 250 new volunteers will receive a special gift, including a spoon and a coupon for free RAGÚ sauce
  • In August 2021, Gehl Foods, LLC. completed a major expansion of its Main Street facility in Germantown, Wisconsin, extending it to the corner of Church Street & Main Street. The 22,500 square foot addition includes four new food and packaging lines and five large silos to enhance capacity. A ribbon-cutting ceremony, hosted with the Germantown Chamber of Commerce, will mark the official opening on August 21. The project also features improved pedestrian walkways and a safer intersection at Church and Main Street
  • In December 2019, FUNacho has partnered with Ultimate Sales, a trusted national broker for c-store dispensing products. With over 25 years of experience, Ultimate Sales excels in the convenience store foodservice sector. They will provide comprehensive support to FUNacho customers, including training on dispensing equipment, marketing materials, product sampling, and assistance with the ordering process. Ultimate Sales will work with clients of all sizes to enhance their product offerings and discuss Limited-Time Offers (LTOs)

Regional Analysis

The countries covered in the market are U.S., Canada, Mexico, China, Australia, Japan,  India, South Korea, New Zealand, Singapore, Thailand, Malaysia, Philippines, Vietnam, Taiwan, Indonesia, rest of Asia-Pacific, Germany, France, U.K., Belgium, Turkey, Poland,  Italy, Netherlands, Spain, Denmark, Russia, Switzerland, Sweden, Finland, Norway, Rest of Europe, Brazil, Argentina, rest of South America, Saudi Arabia, U.A.E., Bahrain, Egypt,  South Africa, Oman, Kuwait, Qatar, Israel, and rest of Middle East and Africa.

As per Data Bridge Market Research analysis:

Europe is the dominating region in the global cheese sauce market

Europe is expected to dominate the market due to its strong culinary traditions and high cheese consumption rates. The region's established food culture, widespread use of cheese in various dishes, and well-developed food service industry contribute to significant demand and consumption of cheese sauce products.

North America is the fastest growing region in the global cheese sauce market

North America is expected to be the fastest growing region in the market due to its expanding distribution networks and retail channels.

For more detailed information about the global cheese sauce market report, click here – https://www.databridgemarketresearch.com/jp/reports/global-cheese-sauce-market


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