Cheese ingredients expected to grow

The cheese ingredients market is estimated to be valued at USD 81.08 Billion in 2015 according to a report from MarketsandMarkets. The market is projected to grow at a CAGR of 2.9% from 2015 to 2020. The global market is segmented on the basis of cheese types and ingredients. It is further segmented on the basis of regions into North America, Europe, Asia-Pacific, Latin America, and the Rest of the World (RoW). With the increasing disposable income and urbanization, the growth in the fast food industry is expected to enhance the market growth.

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