Global Cream Cheese Market size is projected to reach approximately USD 8.5 Billion by 2026, at a CAGR of 4.9% from 2020 to 2026.
Major Players In the Market are includes Paysan Breton, Dairy Farmers, Saputo Cream of Creams, Fonterra Foodservices, Arla, Lactalis, Emborg, YUMMY, Bulla Kraft, PT Ultrajaya Milk Industry Tbk.
To promote the new products launched in April, Paysan Breton will be running trial offers in stores throughout May and June. The aim is to encourage customers to try these new products via discount coupons on their packaging. The new products included are the Touch of Salt butter, Madame Loïk's Plain Whipped Cheese with 25% less salt, Madame Loïk's Whipped Blue Cheese, extra mild fermented milk, green mint tea flavour fermented milk and rose and pear flavour fermented milk.
Fonterra Foodservice- Nov 2020. In lockdown period Garlic cream Cheese has got more success. It first appeared as a popular street food in South Korea and then, rossed to Vietnam, before being adopted by bakeries and everyday people, in their own kitchens. The bun’s been a great win for our Anchor Foodservice brand in South East Asia, helping to increase cream cheese sales and also bolstering sales of Anchor Whipping Cream and butter.
Dairy Farmers-The dairy complex was punished further on Tuesday in cheese and close up Class III months. Block cheese saw offers weigh on the market without a buyer in sight as prices declined 14.75 cents/lb. to $1.77. Barrels ended unchanged at $1.40/lb with three loads moving from seller to buyer. Further Butter dropped 1.75 cents to $1.3625 while nonfat was unchanged at $1.0825/lb. The remaining months in 2021 actually ranged from 3-15 cents stronger. Class IV markets failed to escape the loss in butter as the months that traded were all lower.
Aug 2020-DKSH Business Unit Consumer Goods, the leading partner for consumer goods companies seeking to grow their business in Asia and beyond, has become the official distributor for Uhrenholt A/S in Thailand. The business partner is a global food company supplying mainly dairy products and frozen vegetables to a broad range of retail, wholesale, foodservice and industrial customers in more than 120 countries around the world. As part of the partnership, DKSH will drive market share of Uhrenholt’s Emborg brand of cheese, butter and other dairy products in Thailand.
Market Segment by Type, includes Natural Cheese and Process Cheese. By Applications, can be divided into Food Services, Industrial and Retail. By region it has segmented into North America, Europe, Asia-Pacific and Middle East & Africa. Cream Cheeses is one of the most popular soft cheese products in North America where it is used to enrich toppings, dips, sweet & savory dishes, and desserts. In European regions, cream cheese is eaten as a cheese rather than as a spread such as in Italy, cream cheese is served in salads. In the US, low-fat cream cheese is often marketed as Neufchatel.
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