• The world’s major cheese markets are Europe and North America which are now saturated, this situation that is compelling manufacturers to look beyond these markets, such as to Japan and Russia, which are currently major importers, and to markets like India. The Indian cheese market is expected to grow at roughly 18 to 19% annually during 2018-2023.
• India’s cheese market is one of the fastest growing segments among dairy products. Current cheese volumes are around 65,000 MTs and are expected to reach 91,700 MTs by 2020. The spurt will be led by strong growth in India’s fast food market driven by pizzas, burgers, sandwiches, etc. (Source: Heritage Foods)
• Product-wise, globally more than 3,000 varieties of cheese are available for consumption, whereas only about 30 to 40 variants are marketed in India. This presents huge opportunities for global and local players. Local players can collaborate with producers in Europe and North America to bring new diversity to the Indian Cheese market, similarly global brands can launch themselves with the help of national players. 
   

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