Top Players Leverage Growth Potential of Cheese Market in Emerging Economies, Reports Tmr

Transparency Market

Global Cheese Market - Industry Analysis, Size, Share, Growth,
Trends And Forecast 2013 - 2019

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Top Players Leverage Growth Potential of Cheese Market in Emerging
Economies, reports TMR

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Global Cheese Market


The global cheese market is marked by a high degree of fragmentation with the presence of a host of
small, medium, and large-sized players, reports Transparency Market Research (TMR) in a new study. Small
companies are focused on catering to the regional demands, which has restricted the entry of leading
players into new markets. Some top players in the global cheese market are Alra Foods, Fromageries Bel
S.A, Fonterra Cooperative Group Ltd., and Mondelez International (Kraft Foods Group Inc.).
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“Mergers and acquisitions top the growth charts of major vendors in this market,” says a TMR analyst.
Companies are actively involved in matching their business expansion plans with other companies with
synergies in the bid to increase business profitability. An example is Arla Foods Inc. In October 2012, Arla
Foods Inc. merged with Milk Link, a British cheese producing company, in a deal valued at US$261.9 mn.
Following this move, Arla Foods Inc. obtained a higher market share with reduced competition in the U.K.
dairy segment.
Strategic expansion is another growth model that top players in this market are focused on. Players are
strategizing to enter into joint ventures and partnerships with existing players for increased revenue.
Tapping into emerging economies and leveraging their growth...