[Virtual Presenter] Welcome everyone,
Today we will be talking about our company and the innovative technology solutions we have developed to improve customer experiences and business outcomes. We are proud to say that our solutions have been recognized as global leaders in their fields, and our commitment to excellence is what drives our success. So, let's get started.. 

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ANALYSIS
O CHEESe
Demand Analysis on Cheese
Page 1 of 9

[Audio] Cheese is a timeless delicacy that has been savored by people all over the world for centuries. It began with an unexpected mistake when milk was stored in animal stomachs, resulting in curds and whey. Over time, distinctive cultures made alterations to the method, and the expertise of cheese-making was disseminated even more through the influence of monasteries and trading. In recent times, machines and technology have had an even greater effect on cheese-making, producing it simpler to make and enjoy. From accidental revelations to deliberate recipes, cheese has a captivating and delicious history that links cultures and generations.. 

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INTRODUCTION
• Cheese has been around for a really long time. It started by
accident when people stored milk in animal stomachs, and it
turned into curds and whey.
• As time passed, different cultures improved the process
creating various kinds of cheese.
• Monasteries in Europe and trade helped spread cheese-making
knowledge, making it popular worldwide.
• In modern times, machines and technology have made cheese-
making easier.
• So, from accidental discoveries to intentional recipes,
cheese has a fascinating and tasty history that connects
people across the ages.
Demand Analysis on Cheese
Page 2 of 9

GOOGLE FORM RESPONSES •DO you have a preferred brand of cheese?' • HOW frequently do purchase chee se ou you pre erro y organic cheese cyer conventional cheese if available? Demand Analysis on Cheese copy "How important is the price when deciding which cheese to purchase r 31 • HOB .mportant the shelf life and duration of cheese When making a purchase decision? L cop, Page 3 of 9. 

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GOOGLE FORM RESPONSES
•DO you have a preferred
brand of cheese?'
• HOW frequently do
purchase chee se
ou you pre erro y
organic cheese cyer
conventional cheese if
available?
Demand Analysis on Cheese
copy
"How important is the price
when deciding which cheese
to purchase r
31
• HOB .mportant the shelf
life and duration of
cheese When making a
purchase decision?
L cop,
Page 3 of 9

[Audio] The Law of Demand is a fundamental economic principle that states that as the price of a product increases, the demand for that product decreases. This can be seen with cheese, where as the price goes down, people are more likely to buy more of it, while when the price goes up, they are more likely to buy less, all else being equal. An understanding of this concept is necessary when conducting a demand analysis on any given product.. 

Scene 4

LAW OF DEMAND
The law of demand applies to cheese. When
the price of cheese goes down, people tend to
buy more, and when the price goes up, they
tend to buy less, assuming other factors
remain constant.
Demand Analysis on Cheese
Page 4 of 9

[Audio] Elasticity of demand is an essential concept for businesses to understand, as changes in price can have a major effect on the sales of a product. With cheese, the type of cheese plays a major role in determining how elastic or inelastic the demand is. Consumer preferences, availability of substitutes, and market conditions are all factors to take into account when attempting to quantify the elasticity of demand. An accurate assessment of these factors must be completed during market analysis of a product like cheese.. 

Scene 5

ELASTICITY OF DEMAND
• Elasticity of demand
applies to cheese, and
the specific type of
cheese can influence how
elastic or inelastic the
demand is.
• Factors such as
substitutes, consumer
preferences, and market
conditions play a role in
determining the elasticity
of demand for a
particular type of cheese.
Demand Analysis on Cheese
Page 5 of 9

[Audio] Demand for cheese is influenced by multiple elements, ranging from income level and shopper buying capacity to health movements and dietary choices. For instance, superior staple cheeses are well-liked among those with bigger incomes, while those health-conscious would favour dairy products with lesser additives. Different ethnic and geographic factors also contribute, where customers have diverse regional tastes for some cheese kinds, and many cultures have traditional cheese recipes. Additionally, cheese substitutes, such as other dairy items or filtered milk, can also influence overall demand.. 

Scene 6

FACTORS AFFECTING
CHEESE DEMAND
• Income levels and cons mer purchasing power:
Impact on consumption patterns
O
Examples of premium s. staple cheeses
• Health trends and dietary preferences±
Keto, vegetarian, and Oither diet Vends
Health-conscious consumer hoices
• Cultural and regional factors:
Regional preferences for specific cheese types
0
Cultural significanee and traditions
• Substitutes and complements forcheese:
Alternative dairy produc$s
Complementary foods and drinks
Demand Analysis on Cheese
Page 6 of 9

[Audio] Recent news reports have highlighted positive changes in the global cheese market. A report states the market value is approximately 83.4 billion US dollars and is expected to surpass 120 billion US dollars by 2028. Various economic and technological factors have instigated this growth. The COVID-19 pandemic has had an important effect on the cheese supply chain - retail cheese sales have increased 35%, conversely foodservice demand has decreased 25%. In terms of geographic distribution, the US cheese market is believed to increase from 40.73 billion US dollars in 2022 to 55.95 billion US dollars by 2029. This increase in the sector reveals the potential for customers to gain from our advanced technology solutions.. 

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RECENT NEWS
CHEESE
• The global market value of cheese stood at roughly 83.4
billion U.S. dollars in 2022, and it is projected to exceed the
120 billion U.S. dollar mark by 2028.
• The COVID-19 pandemic has impacted the cheese supply
chain. Retail cheese sales have gone up by 35%, while
foodservice demand has dropped by 25%
• The U.S. cheese market is projected to grow from
USD 40.73 billion in 2022 to USD 55.95 billion by
2029
Demand Analysis on Cheese
Page 7 of 9

[Audio] Slide content regarding cheese includes review of two books: "Cheese and Culture" by Paul Kindstedt, and "Mastering Artisan Cheesemaking" by Gianaclis Caldwell. Additionally, the "Oxford Companion to Cheese" encyclopedia is a valuable knowledge source for anyone desiring to learn more about cheese. A demand analysis on cheese is also included, giving more comprehension of its popularity and prospects for additional research.. 

Scene 8

REVIEW OF LITERATURE
• "Cheese and Culture" by Paul Kindstedt: This book tells
stories about cheese and how it became important in
Western countries. It explains how people used and enjoyed
cheese throughout history.
• "Mastering Artisan Cheesemaking"_by Gianaclis Caldwell: This
book is like a guide for making cheese. It teaches you how to
make cheese at home or even if you want to sell it. It shows
you the different ways to make cheese, both old-fashioned
and new methods.
• "The Oxford Companion to Cheese": This big book is like an
encyclopedia about cheese. It has lots of information about
where cheese comes from, how it's made, and why people like
it. It's a helpful guide to learn everything you want to know
about cheese.
Demand Analysis on Cheese
Page 8 of 9

[Audio] I greatly appreciate your taking the time to review my presentation on our company, which is a global leader in the development of innovative technology solutions to improve customer experiences and business outcomes. We have covered the significance of demand analysis in the cheese industry, from production tendencies to purchasing prerequisites. As is our aim, we always want to provide the ultimate customer experience by taking industry needs into account when developing new technology solutions. I hope you have found this presentation informative and helpful. Thank you for your consideration.. 

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THANK YOU!
Demand Analysis on Cheese
Page 9 of 9

Demand Analysis on Cheese

Scene 0

Cheese is a timeless delicacy that has been savored by people all over the world for centuries. It began with an unexpected mistake when milk was stored in animal stomachs, resulting in curds and whey. Over time, distinctive cultures made alterations to the method, and the expertise of cheese-making was disseminated even more through the influence of monasteries and trading. In recent times, machines and technology have had an even greater effect on cheese-making, producing it simpler to make and enjoy. From accidental revelations to deliberate recipes, cheese has a captivating and delicious history that links cultures and generations.

avatar

The Law of Demand is a fundamental economic principle that states that as the price of a product increases, the demand for that product decreases. This can be seen with cheese, where as the price goes down, people are more likely to buy more of it, while when the price goes up, they are more likely to buy less, all else being equal. An understanding of this concept is necessary when conducting a demand analysis on any given product.

Elasticity of demand is an essential concept for businesses to understand, as changes in price can have a major effect on the sales of a product. With cheese, the type of cheese plays a major role in determining how elastic or inelastic the demand is. Consumer preferences, availability of substitutes, and market conditions are all factors to take into account when attempting to quantify the elasticity of demand. An accurate assessment of these factors must be completed during market analysis of a product like cheese.

Demand for cheese is influenced by multiple elements, ranging from income level and shopper buying capacity to health movements and dietary choices. For instance, superior staple cheeses are well-liked among those with bigger incomes, while those health-conscious would favour dairy products with lesser additives. Different ethnic and geographic factors also contribute, where customers have diverse regional tastes for some cheese kinds, and many cultures have traditional cheese recipes. Additionally, cheese substitutes, such as other dairy items or filtered milk, can also influence overall demand.

Recent news reports have highlighted positive changes in the global cheese market. A report states the market value is approximately 83.4 billion U S dollars and is expected to surpass 120 billion U S dollars by 2028. Various economic and technological factors have instigated this growth. The COVID-19 pandemic has had an important effect on the cheese supply chain - retail cheese sales have increased 35%, conversely foodservice demand has decreased 25%. In terms of geographic distribution, the U S cheese market is believed to increase from 40.73 billion U S dollars in 2022 to 55.95 billion U S dollars by 2029. This increase in the sector reveals the potential for customers to gain from our advanced technology solutions.

Slide content regarding cheese includes review of two books: "Cheese and Culture" by Paul Kindstedt, and "Mastering Artisan Cheesemaking" by Gianaclis Caldwell. Additionally, the "Oxford Companion to Cheese" encyclopedia is a valuable knowledge source for anyone desiring to learn more about cheese. A demand analysis on cheese is also included, giving more comprehension of its popularity and prospects for additional research.

I greatly appreciate your taking the time to review my presentation on our company, which is a global leader in the development of innovative technology solutions to improve customer experiences and business outcomes. We have covered the significance of demand analysis in the cheese industry, from production tendencies to purchasing prerequisites. As is our aim, we always want to provide the ultimate customer experience by taking industry needs into account when developing new technology solutions. I hope you have found this presentation informative and helpful. Thank you for your consideration.