Cheese sauce is made using flour, butter, milk, salt, and cheese. For additional flavoring pepper, worcestershire sauce, English mustard, and other spices can be added. Cheese sauce is also known as cheddar sauce or cheddar cheese sauce. It can be made using different types of cheese such as cheddar, gruyere, and gouda. It is used for preparation of pasta, dip, or dressing. Increasing popularity of cheese in fast food among consumers is a key factor driving growth of the global cheese sauce market. Hectic lifestyle and changing eating habits of consumers has risen the preference for ready-made food, which is expected to drive growth of the global market over the forecast period.
However, regular consumption of cheese sauce can have adverse effect on health of an consumers leading to diabetes, heart diseases, and obesity. This factor is expected to hamper growth of the target market in the near future.
The global cheese sauce market report has been segmented on the basis of product type, distribution channel, and region. On the basis of product type, the market is segmented jalapeno, nacho, cheddar, and others. Jalapeno cheese sauce segment dominates the global market in terms of revenue over the forecast period, owing to its nutritional content such as vitamins, minerals, etc. On the basis of distribution channel, the market is segmented into hypermarket, supermarket, convenience stores, and online channels. Online segment is expected to dominate global market over the forecast period, owing to increasing popularity towards online grocery shopping.
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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is expected to dominate the global market in terms of revenue over the forecast period, owing to increasing consumption of cheese products and adoption of cheese in various food products in this region. The market in Asia Pacific is expected to register fastest growth in terms of revenue, owing to increasing number of processed food manufacturers in the region.
Key players operating in the global cheese sauce market include Gehl Foods, LLC, Conagra Brands, Inc., Unilever N.V., Kraft Foods Group, Inc., AFP advanced food products LLC, Bay Valley Foods, LLC, Nestlé S.A., The Tatua Co-Operative Dairy Company Limited, Hexa Malaysia Sdn Bhd, and Prego S.A.