NEW YORK, July 25, 2023 /PRNewswire/ — The cheese-based snacks market is set to grow by USD 4,336.17 million from 2022 to 2027, progressing at a CAGR of 5.2% during the forecast period. Discover Packaged Foods & Meats industry potential and make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports. View Sample Report! The cheese-based snacks market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Some vendors who are experts in the process industry are trying to increase their presence and market share by horizontally integrating with system integrators. End-users in discrete industries rely on their experiences from past purchases, based on which they maintain future relationships with vendors. This enables global and established RPA vendors to dominate the local and regional vendors in terms of quality, durability, reliability, and technological innovations. Hence, the competition among the vendors in the global RPA market is expected to intensify during the forecast period.

• Amys Kitchen Inc: The company offers cheese-based snacks such as cheese pizza snacks.
• General Mills Inc: The company offers cheese-based snacks such as Bugles snack nacho cheese flavor.
• Kellogg Co: The company offers cheese-based snacks such as Cheez-It original snack crackers.

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The cheese-based snacks market covers the following areas:

Cheese Based Snacks Market Sizing

Cheese Based Snacks Market Forecast

Cheese Based Snacks Market Analysis

Cheese-Based Snacks Market – Market Segmentation

This cheese-based snacks market report extensively covers market segmentation by end-user (retail and food service), type (baked, fried, and frozen), and geography (North America, Europe, APAC, South America, and the Middle East and Africa).

• The market share growth by the retail segment is significant during the forecast period. Some of the key distribution channels for cheese-infused bites in the retail sector include hypermarkets, supermarkets, and grocery stores. There is an increasing purchase of cheese-based snack foods due to the increasing prevalence of organized retail sectors. This retail sector offers a wide variety of cheese-filled morsels manufactured by different vendors. One of the main reasons for the increasing sales through these channels is that these outlets offer customers discounts and free items. Hence, such factors are expected to drive the cheese-based snacks market growth during the forecast period.

Cheese-Based Snacks Market – Regional Market Outlook

North America is estimated to account for 38% of the market growth during the forecast period. Factors such as the changing household size, rising preference for accessibility, and growing consumer interest are significantly contributing to the cheese-based snacks market in North America during the forecast period. Additionally, the increasing number of part-time households, growing disposable income, the presence of fast food chains, and economic growth across the region is positively impacting the market growth in the region. Hence, such factors are expected to drive the cheese-based snacks market in North America during the forecast period. 

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Companies Mentioned

• Amys Kitchen Inc.
• Bikaji Foods International Ltd.
• EnWave Corp.
• General Mills Inc.
• Godrej Agrovet Ltd.
• Haldiram Foods International Pvt. Ltd
• Iscon Balaji Foods Pvt. Ltd.
• Kellogg Co.
• Mars Inc.
• McCain Foods Ltd.
• Parle Products Pvt. Ltd.
• PepsiCo Inc.
• Prataap Snacks Ltd.
• Sargento Foods Inc.
• Serious Pig Ltd.
• Sunlight Resources Ltd
• UNISMACK SA
• Utz Brands Inc.
• Whisps Acquisition Corp.
• Venkataramana Food Specialities Ltd.

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• Special coverage on the Russia–Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession 
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial - buy the report! 

Cheese-Based Snacks Market – Market Dynamics

Major Driver

The changing taste preferences among consumers drive the cheese-based snacks market growth during the forecast period. There is a growing change in taste preferences among consumers for processed snack foods such as snacks with cheese. Young consumers are constantly exploring new food options with fresh ingredients. As a result, several manufacturers in the market are launching new products by diversifying their product portfolio by producing new items and promoting new brands. This has led to the introduction of an array of products with diverse flavors and ingredients which caters to a broad consumer segment. Hence, such product innovations are positively impacting the market. Therefore, these factors are driving the cheese-based snacks market growth during the forecast period.

Major Trend

An increasing number of product launches is a primary trend in the cheese-based snacks market during the forecast period. The increase in product launches will fuel the revenue flow in the market shares of the prominent cheese-based snack vendors. Some of the main cheese-based snack vendors in the market are ITC Limited, PepsiCo Inc., Kellogg Co., Parle Products Pvt. Ltd., Mars Inc., and McCain Foods Ltd. For instance, in September 2021, a new plant-based brand named “The Simple Root” was launched by McCain Foods Limited, which offers dips, spreads, sauces, and cheese made from root vegetables. Hence, such product launches are positively impacting the market. Therefore, these factors are driving the cheese-based snacks market growth during the forecast period.

Significant Challenge 

The increasing health issues are a major challenge hindering the cheese-based snacks market growth during the forecast period. Several health issues are associated with the consumption of high-calorie foods such as cheese-based snacks, which is negatively impacting the market. For instance, cheese contains saturated fat, which can increase cholesterol levels which in turn can lead to a high risk of heart disease. Additionally, the heavy sodium content in cheese can result in high blood pressure and can also cause kidney disease, heart disease, and osteoporosis. Also, overconsumption of cheese can lead to obesity in consumers. Hence, such health issues are expected to hinder the cheese-based snacks market growth during the forecast period. 

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global cheese based snacks market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on global cheese based snacks market 2017 – 2021 ($ million)

• 4.2 End-user Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – End-user Segment 2017 – 2021 ($ million)

• 4.3 Type Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 30: Chart on End-user – Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user – Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Retail – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Retail – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Retail – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Retail – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Retail – Year-over-year growth 2022-2027 (%)

• 6.4 Food service – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Food service – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Food service – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Food service – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Food service – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by End-user 
• Exhibit 42: Market opportunity by End-user ($ million)
• Exhibit 43: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 44: Chart on Type – Market share 2022-2027 (%)
• Exhibit 45: Data Table on Type – Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 46: Chart on Comparison by Type
• Exhibit 47: Data Table on Comparison by Type

• 7.3 Baked – Market size and forecast 2022-2027 
• Exhibit 48: Chart on Baked – Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Baked – Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Baked – Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Baked – Year-over-year growth 2022-2027 (%)

• 7.4 Fried – Market size and forecast 2022-2027 
• Exhibit 52: Chart on Fried – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Fried – Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Fried – Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Fried – Year-over-year growth 2022-2027 (%)

• 7.5 Frozen – Market size and forecast 2022-2027 
• Exhibit 56: Chart on Frozen – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Frozen – Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Frozen – Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Frozen – Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Type 
• Exhibit 60: Market opportunity by Type ($ million)
• Exhibit 61: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 63: Chart on Market share by geography 2022-2027 (%)
• Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 65: Chart on Geographic comparison
• Exhibit 66: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027 
• Exhibit 67: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 Europe – Market size and forecast 2022-2027 
• Exhibit 71: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.5 APAC – Market size and forecast 2022-2027 
• Exhibit 75: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027 
• Exhibit 79: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 83: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027 
• Exhibit 87: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 Germany – Market size and forecast 2022-2027 
• Exhibit 91: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.10 UK – Market size and forecast 2022-2027 
• Exhibit 95: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.11 Canada – Market size and forecast 2022-2027 
• Exhibit 99: Chart on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Canada – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Canada – Year-over-year growth 2022-2027 (%)

• 9.12 China – Market size and forecast 2022-2027 
• Exhibit 103: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 107: Market opportunity by geography ($ million)
• Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 109: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 112: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 113: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 114: Matrix on vendor position and classification

• 12.3 Amys Kitchen Inc.
• Exhibit 115: Amys Kitchen Inc. – Overview
• Exhibit 116: Amys Kitchen Inc. – Product / Service
• Exhibit 117: Amys Kitchen Inc. – Key offerings

• 12.4 General Mills Inc.
• Exhibit 118: General Mills Inc. – Overview
• Exhibit 119: General Mills Inc. – Business segments
• Exhibit 120: General Mills Inc. – Key news
• Exhibit 121: General Mills Inc. – Key offerings
• Exhibit 122: General Mills Inc. – Segment focus

• 12.5 Kellogg Co.
• Exhibit 123: Kellogg Co. – Overview
• Exhibit 124: Kellogg Co. – Business segments
• Exhibit 125: Kellogg Co. – Key news
• Exhibit 126: Kellogg Co. – Key offerings
• Exhibit 127: Kellogg Co. – Segment focus

• 12.6 Mars Inc.
• Exhibit 128: Mars Inc. – Overview
• Exhibit 129: Mars Inc. – Product / Service
• Exhibit 130: Mars Inc. – Key news
• Exhibit 131: Mars Inc. – Key offerings

• 12.7 McCain Foods Ltd.
• Exhibit 132: McCain Foods Ltd. – Overview
• Exhibit 133: McCain Foods Ltd. – Product / Service
• Exhibit 134: McCain Foods Ltd. – Key offerings

• 12.8 Parle Products Pvt. Ltd. 
• Exhibit 135: Parle Products Pvt. Ltd. – Overview
• Exhibit 136: Parle Products Pvt. Ltd. – Product / Service
• Exhibit 137: Parle Products Pvt. Ltd. – Key offerings

• 12.9 PepsiCo Inc.
• Exhibit 138: PepsiCo Inc. – Overview
• Exhibit 139: PepsiCo Inc. – Business segments
• Exhibit 140: PepsiCo Inc. – Key news
• Exhibit 141: PepsiCo Inc. – Key offerings
• Exhibit 142: PepsiCo Inc. – Segment focus

• 12.10 Prataap Snacks Ltd.
• Exhibit 143: Prataap Snacks Ltd. – Overview
• Exhibit 144: Prataap Snacks Ltd. – Product / Service
• Exhibit 145: Prataap Snacks Ltd. – Key offerings

• 12.11 Sargento Foods Inc.
• Exhibit 146: Sargento Foods Inc. – Overview
• Exhibit 147: Sargento Foods Inc. – Product / Service
• Exhibit 148: Sargento Foods Inc. – Key offerings

• 12.12 Serious Pig Ltd.
• Exhibit 149: Serious Pig Ltd. – Overview
• Exhibit 150: Serious Pig Ltd. – Product / Service
• Exhibit 151: Serious Pig Ltd. – Key offerings

• 12.13 Sunlight Resources Ltd 
• Exhibit 152: Sunlight Resources Ltd – Overview
• Exhibit 153: Sunlight Resources Ltd – Product / Service
• Exhibit 154: Sunlight Resources Ltd – Key offerings

• 12.14 UNISMACK SA
• Exhibit 155: UNISMACK SA – Overview
• Exhibit 156: UNISMACK SA – Product / Service
• Exhibit 157: UNISMACK SA – Key offerings

• 12.15 Utz Brands Inc.
• Exhibit 158: Utz Brands Inc. – Overview
• Exhibit 159: Utz Brands Inc. – Product / Service
• Exhibit 160: Utz Brands Inc. – Key offerings

• 12.16 Venkataramana Food Specialities Ltd. 
• Exhibit 161: Venkataramana Food Specialities Ltd. – Overview
• Exhibit 162: Venkataramana Food Specialities Ltd. – Product / Service
• Exhibit 163: Venkataramana Food Specialities Ltd. – Key offerings

• 12.17 Whisps Acquisition Corp. 
• Exhibit 164: Whisps Acquisition Corp. – Overview
• Exhibit 165: Whisps Acquisition Corp. – Product / Service
• Exhibit 166: Whisps Acquisition Corp. – Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 167: Inclusions checklist
• Exhibit 168: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 169: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 170: Research methodology
• Exhibit 171: Validation techniques employed for market sizing
• Exhibit 172: Information sources

• 13.5 List of abbreviations 
• Exhibit 173: List of abbreviations

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