Market Overview 2024-2032:
The global halloumi cheese market size reached US$ 539.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,699.5 Million by 2032, exhibiting a growth rate (CAGR) of 13.2% during 2024-2032.
|Market Size in 2023
|US$ 539.8 Million
|Market Forecast in 2032
|US$ 1,699.5 Million
|Market Growth Rate (2024-2032)
Halloumi cheese is a dairy product manufactured using pasteurized or unpasteurized milk of cow, goat or sheep. It is white in color, has a tangy, salty and savory flavor and a semi-hard, brined and slightly spongy texture. The cheese is a rich source of fat, protein, calcium, zinc, magnesium and vitamin A and B. It is commonly used as a topping on salads, sandwiches, barbeques, fried and burgers and can be consumed raw, grilled or fried. Halloumi cheese is usually stored in salted water or is wrapped tightly in waxed and parchment paper or cheese wrap. It is also available in flavored variants, such as chili, basil and mint.
Halloumi Cheese Market Trends:
Significant growth in the food and beverage industry across the globe is one of the key factors creating a positive outlook for the market. Restaurants, cafes and other eateries are experimenting with multiple flavors and combinations of halloumi cheese to offer innovative and unique dishes to their customers. In line with this, shifting consumer preference for halloumi cheese as a meat replacement is also contributing to the growth of the market. Additionally, various innovations in the packaging technologies to maintain the quality and increase the shelf-life of the product are acting as other growth-inducing factors. Cheese manufacturers are producing halloumi cheese variants in novel and exotic flavor profiles to attract a wider consumer base. They are also using social media for brand endorsements with celebrities and e-commerce platforms to offer attractive deals and facilities to the consumers. Other factors, including rising expenditure capacities of the consumers, along with the increasing preference for luxury and premium food products, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global halloumi cheese market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, end use and nature.
Breakup by Type:
Breakup by End Use:
Breakup by Nature:
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Almarai, Arla Foods amba, GALAKTOKOMIO A.D.S DAFNI LTD, Hadjipieris Ltd, Lefkonitziatis, NORDEX FOOD A/S, Petrou Bros Dairy Products Ltd, Sussex High Weald Dairy Ltd, WAIMATA CHEESE COMPANY and Zita Dairies Ltd.
|Base Year of the Analysis
|Type, End Use, Nature, Region
| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
|United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
|Almarai, Arla Foods amba, GALAKTOKOMIO A.D.S DAFNI LTD, Hadjipieris Ltd, Lefkonitziatis, NORDEX FOOD A/S, Petrou Bros Dairy Products Ltd, Sussex High Weald Dairy Ltd, WAIMATA CHEESE COMPANY and Zita Dairies Ltd.
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Key Questions Answered in This Report:
- How has the global halloumi cheese market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global halloumi cheese market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the end use?
- What is the breakup of the market based on the nature?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global halloumi cheese market and who are the key players?
- What is the degree of competition in the industry?