The halloumi cheese market showcases a diverse range of applications, with the dominating segment being the culinary industry. Halloumi cheese is widely used in various cuisines, appreciated for its unique texture and taste when grilled or fried. It's a popular choice for salads, sandwiches, and appetizers. Additionally, its adaptability to vegetarian and Mediterranean diets fuels its demand. While foodservice and restaurants are key users, the retail sector also thrives as consumers increasingly incorporate halloumi into their home-cooked meals.
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Data Bridge Market Research analyses that the Europe, SEA, and MENA Halloumi Cheese Market is growing with a CAGR of 9.2% in the forecast period of 2023 to 2030. The market was valued at USD 371.50 million in 2022 and is expected to reach USD 751.19 million by 2030. Halloumi's appeal lies in its distinctive taste and texture. Its salty, savory flavor and satisfyingly squeaky texture when grilled or fried make it stand out, drawing a growing global consumer base seeking new and delightful culinary experiences.
Key Findings of the Study
Cultural influence is expected to drive the market's growth rate
Increased cultural exchange and globalization have played a pivotal role in introducing halloumi to new markets and consumers. As people from diverse backgrounds connect and explore different cuisines, halloumi, with its unique Mediterranean origin, has gained popularity worldwide. Its versatility in various culinary traditions has made it an attractive choice for both chefs and home cooks. This globalization has expanded the consumer base for halloumi, driving its availability and consumption in regions far beyond its place of origin.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Texture (Creamy, Firm, and Springy), Fat Content (Regular and Reduced Fat), Category (Organic and Conventional), Source (Pure Animal Based and Blended Animal Based), Form (Slices, Diced/Cubes, Blocks, and Others), Flavor (Regular and Flavor), Distribution Channel (Direct and Indirect), End User (Household/Retail, F&B Processing Industries, and Food Services Sector)
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Countries Covered
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U.K., Sweden, Germany, Greece, France, Denmark, Netherlands, Finland, Rest of Europe, Indonesia, Philippines, Thailand, Rest of South East Asia (SEA), Saudi Arabia, U.A.E., Egypt, and Rest of Middle East and North Africa (MENA)
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Market Players Covered
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Petrou Bros Dairy Products (Cyprus), Hadijipieris Ltd. (Cyprus), GALAKTOKOMIO A.D.S DAFNI LTD (Cyprus), NORDEX FOOD A/S (Denmark), Achnagal Ltd (Cyprus), Akgol Ltd (Cyprus), Dairy Day Ltd (Cyprus), Routhier Mediterranean Products GmbH (Germany), N.TH. Kouroushis LTD. (Cyprus), High Weald Dairy (U.K.), LEFKONITZIATIS (Cyprus), Zita Dairies Ltd (Cyprus), Almarai (Saudi Arabia), Charalambides Christis (Cyprus), Papouis Dairies Ltd (Cyprus), Vouyiouklakis.com (Cyprus), Loizou Dairies (Cyprus), Greek Brands (Cyprus), Freudy (Cyprus), Arla Foods amba (Denmark)
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Data Points Covered in the Report
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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.
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Segment Analysis:
The Europe, SEA, and MENA halloumi cheese market is segmented into eight notable segments based on texture, fat content, category, source, form, flavor, distribution channel, and end user.
- On the basis of texture, Europe, SEA, and MENA halloumi cheese market is segmented into firm, creamy, and springy.
- On the basis of fat content, Europe, SEA, and MENA halloumi cheese market is segmented into regular and reduced fat.
- On the basis of category, Europe, SEA, and MENA halloumi cheese market is segmented into conventional and organic.
- On the basis of source, Europe, SEA, and MENA halloumi cheese market is segmented into blended and pure animal based.
- On the basis of form, Europe, SEA, and MENA halloumi cheese market is segmented into blocks, slices, diced/cubes, and others.
- On the basis of flavor, Europe, SEA, and MENA halloumi cheese market is segmented into flavor and regular.
- On the basis of distribution channel, Europe, SEA, and MENA halloumi cheese market is segmented into indirect and direct.
- On the basis of end user, Europe, SEA, and MENA halloumi cheese market is segmented into food services sector, household/retail, and f and b processing industries.
Major Players
Data Bridge Market Research recognizes the following companies as the Europe, SEA, and MENA halloumi cheese market players in Europe, SEA, and MENA halloumi cheese market are Petrou Bros Dairy Products (Cyprus), Hadijipieris Ltd. (Cyprus), GALAKTOKOMIO A.D.S DAFNI LTD (Cyprus), NORDEX FOOD A/S (Denmark), Achnagal Ltd (Cyprus), Akgol Ltd (Cyprus), Dairy Day Ltd (Cyprus).
Market Developments
- In October, Arla Foods amba unveiled a cutting-edge cheese production facility in Bahrain, aiming to meet the growing dairy demands in the Middle East and North Africa (MENA). This strategic move signifies Arla's commitment to expanding its presence in the MENA region by bolstering its production capabilities. The state-of-the-art plant will enable the company to cater to the rising consumer preferences for dairy products in the region, contributing to the growth of their business in MENA.
- In November, Charalambides Christis achieved recognition by winning the Silver Award for their PDO Charalambides Christis Organic Halloumi Cheese at the prestigious World Cheese Awards 2022-2023. This accolade has significantly enhanced the company's brand reputation, establishing it as a producer of high-quality halloumi cheese. The award not only boosts their credibility but also attracts a larger and more discerning consumer base looking for exceptional dairy products, furthering their market presence and growth potential.
For more detailed information about the Europe, SEA, and MENA halloumi cheese market report, click here – https://www.databridgemarketresearch.com/reports/europe-sea-and-mena-halloumi-cheese-market
