Global Cheese Market By Product Overview
Introduction:
Cheese Market was valued at US$ 97.8 Billion in 2024 and is projected to grow at a CAGR of 3.60% to reach US$ 139.7 Billion by 2034.
Cheese is a dairy product that is derived from the milk of cows, goats, and sheep. Cheese is produced by adding acid or vinegar to milk which helps to convert lactose into lactic acid. Cheese is highly nutritious and available globally in a wide range of textures, tastes, and aromas. Cheese is available in approximately 2000 varieties across the globe. Cheese is a consumable dairy product made of coagulating milk in solid form. Cheese is a creamy mixture of protein-rich milk fat, minerals, and vitamins. During the cheese production process, milk is subjected to high temperature, along with the continuous addition of bacteria culture, to achieve desired taste and durable end product. Obtained curd is separated from a watery substance and then subjected to a high temperature until it solidifies. The production process of cheese requires a temperature between 35-55C for better quality.
Global Cheese Market By Product Dynamics
Rising consumption of dairy products
The increasing consumption rate of ready-to-eat or processed food globally is a significant factor driving the growth of the global cheese market. Rising disposable incomes and changing eating habits of people across the globe boost the development of the target market. In addition, increasing disposable income, the better shelf life of cheese products, and the growing demand for rich-protein food are factors expected to boost the need for the target market. Furthermore, cheese provides several health benefits, such as stronger bones and good dental conditions, which attract individuals towards cheese products and propel the growth of the target market. In addition, growing distribution channels and e-commerce services across the globe are anticipated to boost demand for the target market. Furthermore, advanced cheese-making processes are produced cheese with low fat, improved taste, and a quality product that is expected to create various opportunities for the global cheese market. Moreover, increasing demand for high protein-rich food products globally is fueling the growth of the target market.
However, increasing health consciousness among individuals and unhealthy additives is a major restraining factor expected to hamper the market growth.
Global Cheese Market By Product Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The cheese market is segmented based on product type, process, source, type, distribution channel, and region.
The target market is categorized based on type: processed, natural, block, spreadable, and hard & soft cheese. Based on product type, the target market is classified into processed cheese, cheese spreads, flavored cheese, and specialty cheese. Based on the process, the target market is categorized into mozzarella, cheddar, feta, Roquefort, and others. Based on the source, the target market is animal- and plant-based. Based on the distribution channel, the target market is categorized into supermarkets/hypermarkets, specialty stores, convenience stores, and online retail.
Regional Insights:
Cheese Market was valued at US$ 97.8 Billion in 2024 and is projected to grow at a CAGR of 3.60% to reach US$ 139.7 Billion by 2034. The cheese market is segmented into regions into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Europe is expected to hold the largest market share in terms of revenue and is expected to maintain its dominance over the forecast period. This is attributed to cheese being a daily use meal in this region. The market in North America is projected to account for the second highest market share in terms of revenue over the forecast period, owing to rising fast-food distribution channels in this region, especially in U.S. and Canada. The market in Asia Pacific is expected to show lucrative growth over the forecast period, owing to the growing number of cheese producers and rising food processing industries in India and China.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2023 |
|
Forecast period |
2024– 2034 |
|
Market representation |
Revenue in USD Billion & CAGR from 2024 – 2034 |
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Market Segmentation |
By Product Type- Processed Cheese, Cheese Spreads, Flavored Cheese, and Specialty Cheese By Process– Mozzarella, Cheddar, Feta, Roquefort, and Others By Source- Animal Based and Plant Based By Type- Processed, Natural, Block, Spreadable and Hard & Soft Cheese By Distribution Channel– Supermarkets/Hypermarket, Specialty Stores, Convenience Stores and Online Retail |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the global cheese market report based on product type, process, source, type, distribution channel and region.
Cheese Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global Cheese Market By Product Key Players
The key players operating in the cheese market include Arla Foods, Bel Group, Fonterra Food, Kraft Heinz, Lactalis Group, SAVENCIA SA, Britannia Industries Limited, Associated Milk Producers Inc., Saputo Inc., and Gujarat Cooperative Milk Marketing Federation Ltd.
Arla Foods:
Arla Foods Ltd is a significant dairy products company in the United Kingdom-based in Leeds and a Swedish-Danish Arla Foods Group subsidiary. Arla Foods Ingredients has one wholly owned production plant in Denmark, with joint venture production at facilities in Argentina and Germany.
Global Cheese Market By Product Company Profile
- Arla Foods
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Bel Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Fonterra Food
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Kraft Heinz
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Lactalis Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SAVENCIA SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Britannia Industries Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Associated Milk Producers Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Saputo Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Gujarat Cooperative Milk Marketing Federation Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
Business Strategies
Global Cheese Market By Product Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Cheese Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product Type
- Market Snippet, By Process
- Market Snippet, By Source
- Market Snippet, By Type
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Cheese Market, By Product Type 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Processed Cheese
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Cheese Spreads
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Flavored Cheese
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Specialty Cheese
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Cheese Market, By Process 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Mozzarella
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Cheddar
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Feta
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Roquefort
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Cheese Market, By Source, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Animal Based
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Plant Based
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Cheese Market, By Type, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Processed
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Natural
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Block
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Spreadable
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Hard & Soft Cheese
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Cheese Market, By Distribution Channel, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Supermarkets / Hypermarkets
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Specialty Stores
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Convenience Stores
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Online Retail
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Cheese Market, By Region, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Process, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Source, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Distribution Channel, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Process, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Source, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Distribution Channel, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Process, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Source, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Distribution Channel, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Process, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Source, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Distribution Channel, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Process, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Source, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Distribution Channel, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Arla Foods
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Bel Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Fonterra Food
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Kraft Heinz
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Lactalis Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SAVENCIA SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Britannia Industries Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Associated Milk Producers Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Saputo Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Gujarat Cooperative Milk Marketing Federation Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The global cheese market has been segmented on the basis of product type, process, source, type, distribution channel and region.
The increasing consumption rate of ready to eat food or processed food across the globe is a major factor driving the growth of the global cheese market
The market in Europe is expected to hold the largest market share in terms of revenue and is expected to maintain its dominance over the forecast period. This is attributed to cheese is a daily use meal in this region.
The key companies are projected to maintain their dominance over the forecast period by offering their product range in many regions. For instance, in July 2019, Arla Foods agreed to its new brand license for the Middle East cheese business with Kraft Heinz.