W
hich Region to Account the Largest Market Share?
Asia Pacific held a market share of 24.5% in terms of revenue in 2020. China accounted for the largest revenue share of 27.5% in 2020, followed by India and Japan. The easy availability of such products owing to the well-established retail store chains and changing consumer preference from cow s milk to nutrient-rich halloumi products are the significant growth drivers.
Which Segment of the Halloumi Cheese to Hold the Highest Market Share?
The conventional segment contributed to the highest revenue share in 2020 and is expected to expand at the second highest CAGR over the forecast period. Increasing demand for conventional products from restaurants and fast-food joints as they are cheaper than organic products is expected to drive the demand.