Market Forecast

Global Cream Cheese Market size is projected to be valued at USD 8.3 Billion by 2026 at a CAGR of 4.7% between 2020 and 2026. The demand for cream cheese is increasing with raising awareness of its health benefits. The cheese market has registered tremendous growth in the past few years, and the same trend is expected for the cream cheese market. Additionally, the North American and European markets are witnessing the growing demand for cream cheese.
The key players in the market have been responsive to shifting consumer preferences and are focused on strategic acquisitions, product launches, and partnerships. Moreover, the key players in the market are focusing on innovative product launches. For instance, in 2019, Good Planet Foods launched new plant-based dairy-free cream cheese, which is made from refined coconut oil and plant starches, and it is free from eight common allergens. Investments in the market are projected to have a significant impact on the cream cheese market size during the forecast period.
Key Players
Daiya Foods Inc. (Canada)
• Follow Your Heart (US)
• Kite Hill (US)
• Tofutti Brands, Inc. (US)
• WayFare Health Foods (US)
• Miyoko’s Creamery (US)
• Arla Foods amba (Germany)
• Parmela Creamery (US)
• Arla Foods amba (Germany)
• Galaxy Nutritional Foods, Inc. (US)
• The Kraft Heinz Company. (US)
• Franklin Foods. (US)
• Alouette Cheese USA LLC (US)
• Horizn Organic Dairy LLC (US)
• Good Planet Foods (US)


Market Segments
Non-Store-Based Distribution Channels Gaining Popularity Across the Globe: The non-store-based segment is projected to register a higher growth rate during the forecast period. Manufacturers of cream cheese are inclined toward non-store-based distribution channels for the sale of their products. Companies are opting for online distribution platforms as they want to extend their consumer reach. However, companies are opting for online distribution platforms as they extend their consumer reach.
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Regional Analysis
Increase in Demand for Low-Fat Products: With the rising health consciousness among the consumers, the demand for cream cheese is expected to create lucrative opportunities for the global market. Cream cheese provides health benefits because it is lower in fat and calories than butter.

High Investments in R&D: Manufacturers invest in research and technology development and investigative activities to improve existing products and procedures to develop new products. Numerous research studies and analyses have been done in this field already. Research and development will lead to the formation of new products with improved quality and functionality by including better formulation.

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