Fact.MR’s new research study on halloumi cheese market unveils compelling insights transforming the global landscape. Halloumi cheese market continues its bullish run with global sales volume projected to reach 229,141 tons by 2028-end. The halloumi cheese market is likely to be profoundly influenced by diverse factors, ranging from favorable demographic changes and dynamic alterations in snacking preferences. According to the report, growing popularity of halloumi cheese has led to demand-supply challenges and adulteration, promoting intervention by ombudsmen and regulatory authorities.
According to the report, Cyprus continues to be one of the leading producers and exporters of halloumi cheese, whereas EU5 and Western Europe are among the key markets for halloumi cheese companies. Europe is slated to be at the forefront of demand for halloumi cheese. On the contrary, Halloumi cheese is yet to gain massive popularity in the US continue to face challenges pertaining to new opportunities.
Supply-Demand Fluctuations Continue to Drive R&D Initiatives
The demand for halloumi cheese is on the rise and the popularity is not foreseen to decline anytime soon. Producers in Cyprus are focusing on increasing the total production, whereas key players are investing in R&D to keep up with this overwhelming demand. Genetic improvement of local goat and sheep breeds has been perceived to be one of the most efficient ways to meet the ever-increasing demand for halloumi cheese
Organic Halloumi Cheese Gaining Popularity, yet Conventional Halloumi Cheese Holds Higher Revenue Share
Demand for conventional halloumi cheese continues to remain significantly higher than organic variants. This popularity of conventional halloumi cheese can be attributed to multiple factors including easy availability and cost convenience. However, the prospects of organic variants remain bullish, with double-digit growth projected for the period 2018-2028. The growing popularity of organic halloumi cheese can be attributed to the broader trends pertaining to organic and natural.
The report offers a comprehensive taxonomy of halloumi cheese market based on nature, flavor, product form, end-use, distribution channel, and region. The halloumi cheese is commercially available in both organic and conventional natures. To provide multiple options to the consumers to choose from, manufacturers in the halloumi cheese market offer different varieties such as plain and flavored. The product form in the halloumi cheese market include slices and blocks. End-use industries which a part of the halloumi cheese market include B2B and B2C industries. The distribution channels involved in the halloumi cheese market include direct sales and indirect sales. The halloumi cheese market has been analyzed across regions of North America, Latin America, Europe, Asia Pacific, and MEA.
Animal Welfare Commitments Continue to Influence Buying Behavior
In addition to ingredient origin, animal-related claims have also evolved as a sought-after information amid consumers purchasing halloumi cheese. Sensing this trend, key stakeholders of the halloumi cheese market are voluntarily overseeing welfare of livestock involved in the production framework. Prominent stakeholders in the halloumi cheese market have started voluntarily identifying high standards of animal welfare that are achievable for their supply bases.
The competitive landscape of halloumi cheese market features some of the key players operating in the industry based on their market shares, key differential moves and strategies, marketing approaches, product portfolios, and many more. Some of the key players featured in the report include Petrou Bros Dairy Products, Zita Dairies Ltd, Hadjipieris Ltd, Galaktokomio A.D.S Dafni Ltd, Nordex Food A / S, Achnagal Dairies Industry, Akgöl Dairy,Food and Packing Industries Ltd, Lefkonitziatis Dairy Products Ltd, Olympus Cheese, Pittas Dairy Industries Ltd, Arla Foods Amba, Almarai, Sussex High Weald Dairy Ltd, Charalambides Christis Ltd, Uhrenholt A/S, Pandelyssi, La Montanara Melkery (Pty) Ltd, Pathos Continental Foods, CowBoy Farm Ltd, and Lemnos Foods.