RTC Cheese Snacks Market Scope, Growth, Size and Share by 2030
RTC Cheese Snacks Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 1,879.54 Million |
Market Size by 2030 | US$ 2,946.73 Million |
Global CAGR (2022 - 2030) | 5.8% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
COVID-19 Pandemic Impact:
The COVID-19 pandemic affected economies and industries in various countries. Lockdowns, travel bans, and business shutdowns in leading countries in North America, Europe, and Asia Pacific negatively affected the growth of various industries, including food & beverages. The shutdown of manufacturing units disturbed global supply chains, manufacturing activities, delivery schedules, and sales of various essential and nonessential products. Various companies announced possible delays in product deliveries and a slump in future sales of their products in 2020. In addition, the bans imposed by various governments in several regions on international travel forced the companies to put their collaboration and partnership plans on a temporary hold. All these factors hampered the food & beverages industry in 2020 and early 2021, thereby restraining the growth of the RTC cheese snacks market.
Competitive Landscape and Key Companies:
Beths Gourmet Ltd, Shri Bajrang Alliance Ltd, Le Duc Fine Food BV, Gujarat Cooperative Milk Marketing Federation Ltd, McCain Foods Ltd, Godrej Agrovet Ltd, Aviko BV, ITC Ltd, Saputo Dairy United Kingdom Ltd, and Rich Products Corp are among the prominent players operating in the global RTC cheese snacks market.