LONDON--(BUSINESS WIRE)--Technavio has announced the top six leading vendors in their recent global cheese market report until 2020. This research report also lists 20 other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
The global cheese market has a large number of vendors manufacturing a variety of cheese. The market is highly competitive, and vendors compete on the basis of product differentiation, portfolios, and pricing. Currently, most top cheese vendors are Europe-based; however, many vendors have planned expansion into emerging markets, especially APAC.
“Intense competition has led to increased consolidation. There has also been an influx of private labels. To survive and succeed in this competitive environment, it is imperative for vendors in the market to distinguish their product and service offerings through a clear and unique value proposition,” says Arushi Thakur, one of Technavio’s industry expert for food research.
Request sample report: http://goo.gl/qhZBoc
Top six cheese market vendors
Arla Foods
Arla Foods is headquartered in Viby J, Denmark. It is a dairy company owned by dairy farmers in Europe. As of December 2014, the company had 19,000 employees across 30 countries, its revenue accounted for USD 14.11 billion. The company has 13,400 milk-producing owners in Denmark, Sweden, the UK, Germany, Belgium, Luxembourg, and the Netherlands.
The company sells fresh dairy products, cheese, butter and spreads, milk powder, non-dairy products, and others. In 2014, this segment accounted for 27.1% of the total revenue. In the same year, the company experienced some significant developments such as the rollout of one of the biggest cheddar cheese contracts and the official opening of fresh milk facility at Aylesbury, UK.
In 2014, this segment accounted for 19.13% of the total revenue, indicating an increase of 10.8% over 2013. This significant increase in revenue can be attributed to the synchronization of business systems and programs, the right approach to markets, and the implementation of supply chains. In the same year, the company also merged with EGM Walhorn.
Fonterra
Fonterra was founded in 2001 and is headquartered in Auckland, New Zealand. The company focuses on the collection, manufacture, and sale of milk and milk-derived products. It also exports its dairy products.
As of July 2014, the company had 18,195 employees. It earned a revenue of USD 18.65 billion in the same year, which was 21.84% more than the previous year, driven by higher prices for dairy products worldwide. The revenue increased in every market except Australia and Sri Lanka.
NZMP contributed 72.03% of the overall company revenue in 2014. This segment focuses on the collection, processing, and distribution of milk in New Zealand. It also focuses on the global brands and nutrition, co-operative affairs, and group services.
FrieslandCampina
FrieslandCampina specializes in the production of milk proteins. The company produces and supplies functional and nutritional ingredients for the food, nutrition, and pharma industry worldwide. The company is headquartered in Amersfoort, the Netherlands.
Through its ingredients division, the company has regional sales offices in APAC, China, North America, and Central and South America. The company also has an R&D center in Wageningen, the Netherlands, which includes pilot plant facilities to produce yogurts and drinks on a small scale.
Savencia
Formerly known as Bongrain, the company was founded in 1956 and is headquartered in Viroflay, France. It is a dairy and cheese manufacturer and focuses on the processing and distribution of dairy products worldwide.
It is the second-largest cheese company in France and the fifth-largest in the world and uses 4.2 billion liters of milk annually. As of November 2015, the company had a workforce of more than 19,000 employees located in 29 countries and sold its products in 120 countries.
Its product offerings are primarily divided into two segments: cheese products and other dairy products. With an extensive product portfolio, the company has a huge market share worldwide. Its products are sold in 120 countries and its brands come under the premium category worldwide.
The Lactalis Group
The Lactalis Group is a leading dairy and dairy products manufacturing and distributing company in France and the world. It is the world's first leading dairy group. It was established in 1933 and is headquartered in Laval, France. The company manufactures adult milk powder, cheese, liquid milk, fats, chilled dairy products, nutritional products, and other dairy products. The company operates as a subsidiary of BSA International. It operates as Lactalis International outside Europe.
The company has more than 200 manufacturing sites and is the 15th largest agri-food group worldwide. It collects 15 billion liters of milk every year.
The Kraft Heinz Company
The Kraft Heinz Company was founded in 2015 and is headquartered in Pittsburgh, Pennsylvania, US. The company is a food and beverage company that provides high quality and nutritional products for home, restaurants, or on-the-go. The company's major brands include Kraft, Heinz, Capri Sun, ABC, Jell-O, Classico, Kool-Aid, Lunchables, Planters, Ore-Ida, Oscar Mayer, Maxwell House, Philadelphia, Weight Watchers Smart Ones, Plasmon, Quero, and Velveeta. In FY2015, the company reported revenue of USD 18.34 billion.
Browse Related Reports:
- Global Health and Wellness Food Market 2015-2019
- Global Food Intolerance Products Market 2015-2019
- Global Baby Hygiene Products Market 2015-2019
Do you need a report on a market in a specific geographical cluster or country but can’t find what you’re looking for? Don’t worry, Technavio also takes client requests. Please contact enquiry@technavio.com with your requirements and our analysts will be happy to create a customized report just for you.
About Technavio
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our media team at media@technavio.com.
