Indian Cheese Market - Industry Analysis, Trends, Share, Growth & Forecast 2016-2021
Indian cheese (Paneer) dishes are seen as a delicacy in the South Asian region. Mindful of this fact, fast food companies in this region have also incorporated paneer in their products, expanding their reach and leading to an increased demand of Indian cheese (Paneer).
Chiefly consumed in South Asia, Indian cheese (paneer) is an integral part of a number of traditional cuisines in India, Pakistan, Bangladesh, Afghanistan, etc. According to IMARC Group, the global Indian Cheese (paneer) market was worth 1.48 Million Metric Tons in 2015, growing at a CAGR of around 5.8 % during 2008–2015. Indian cheese (paneer) is an unaged, acid-set cheese which doesn’t melt. It is made by adding food acids like lemon juice or vinegar to milk which separates the curds from the whey. Apart from the traditional recipes, nowadays, Indian cheese (paneer) is also being paired with a number of western dishes such as pizzas, burgers, sandwiches and wraps, thus increasing its demand. Currently, most of the Indian cheese (paneer) is manufactured by the unorganized dairy sector in the South Asian region and only a small share of the total produce is manufactured by the organized sector. Factors like increasing population, fusion of inter-regional tastes and cuisines and the penetration of paneer in western fast-foods are expected to drive the overall Indian cheese (Paneer) market globally.
IMARC Group’s latest study “Indian Cheese (Paneer) Market – Industry Trends, Key Players, Manufacturing Process, Machinery, Raw Materials, Cost and Revenue” has analysed the Indian cheese (Paneer) market on a regional basis. The research shows Asia as the largest market for Indian cheese (Paneer) accounting for around 90% of the market share. Within Asia, India is the largest producer and consumer of Indian cheese (Paneer). The report has also analysed the key players in the global Indian cheese (paneer) market. Some of the major players in this market include – Amul, Mother Dairy, Parag Dairy, Gopaljee, etc.
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The study, which has been done by one of the world’s leading research and advisory firms, covers all the essential aspects of the global Indian cheese (Paneer) industry. This ranges from a comprehensive view of the market to minute details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have or plan to have any kind of stake in the global Indian cheese (Paneer) industry.
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