PUBLISHER: IMARC | PRODUCT CODE: 1541811
PUBLISHER: IMARC | PRODUCT CODE: 1541811
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.
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.
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.
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.
Flavored
Unflavored
Food Service
Residential
Organic
Conventional
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
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.