NEW YORK, Nov. 29, 2021 /PRNewswire/ -- During the forecast period, the Cheese industry will see an increase in spending of around USD 19.4 billion. However, the majority of this expansion will be driven by only a few regions. Furthermore, due to their supplier base, North America, South America, Europe, Middle East and Africa and APAC will have the most effect on the supply side.
The increase is likely to be driven mostly by increased demand and adoption of the category in those few regions.
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Key Cheese Sourcing and Procurement Report Highlights:
- Market growth 2021-2025: USD 19.4 billion
- Growth momentum & CAGR: Accelerate at a CAGR of 3.53%
- Top Pricing Models: Volume and Market Based Pricing Models
- Supplier Selection Scope: Pricing terms, Product portfolio and wide application-based offerings
- Key consumer countries: North America, South America, Europe, Middle East and Africa and APAC
- Supplier Selection Criteria: Business needs, Technical specifications, Operational requirements, Acceptance criteria, and Evaluation criteria
- Top Suppliers: Saputo Inc., Glanbia Plc, and Arla Foods amba
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Insights into buyer strategies and tactical negotiation levers:
Several strategic and tactical negotiation levers are explained in the report to help buyers achieve the best prices for the Cheese market. The report also aids buyers with relevant Cheese pricing levels, pros, and cons of prevalent pricing models such as Volume and Market Based Pricing Models, category management strategies and best practices to fulfil their category objectives.
For more insights on buyer strategies and tactical negotiation levers, www.spendedge.com/report/cheese-sourcing-and-procurement-intelligence-report
Key Drivers and Trends Fueling Market Growth:
- The pressure from substitutes and a moderate level of threat from new entrants has resulted in the low bargaining power of suppliers.
- Price forecasts are beneficial in purchase planning, especially when supplemented by the constant monitoring of price influencing factors.
- Identify favorable opportunities in Cheese TCO (total cost of ownership).
- Expected changes in price forecast and factors driving the current and future price changes.
- Identify pricing models that offer the most rewarding opportunities.
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Table of Content
- Executive Summary
- Market Insights
- Category Pricing Insights
- Cost-saving Opportunities
- Best Practices
- Category Ecosystem
- Category Management Strategy
- Category Management Enablers
- Suppliers Selection
- Suppliers under Coverage
- US Market Insights
- Category scope
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