Global Cheese Market
The Global Cheese Market size was valued at around USD 115 billion in 2020. The market is projected to grow at a compound annual growth rate (CAGR) of around 3.5% from 2021 to 2028.
The cheese market is a global industry that encompasses the production, distribution, and sale of various types of cheeses. Cheese is a dairy product that is made from the curd of milk, which can be sourced from a variety of animals, including cows, goats, and sheep. The global cheese market is expected to continue to grow over the next several years, driven by increasing demand for dairy products, particularly in developing countries.
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The cheese market is also influenced by changing consumer preferences and dietary trends, with a growing interest in natural and organic foods, as well as vegan and plant-based options. Cheese is typically sold through a variety of distribution channels, including supermarkets, specialty cheese shops, online retailers, and foodservice providers.
Major cheese-producing countries include the United States, France, Italy, Germany, and the Netherlands, with a diverse range of cheeses available from each region. Some of the factors that can affect the cheese market include fluctuations in milk prices, changes in regulations related to food safety and labelling, and shifts in consumer demand for specific types of cheese. Additionally, advances in technology related to cheese production and processing can also impact the market, such as the development of new cheese-making techniques or improvements in cheese packaging and preservation methods.
The increasing demand for cheese as a versatile and convenient food ingredient, along with the rising popularity of fast-food and processed food products, is expected to drive the growth of the cheese market. In addition, the increasing adoption of natural and organic cheese products is anticipated to boost market growth, driven by consumers' growing interest in healthy and sustainable food products. Europe dominates the global cheese market, accounting for a significant share of the overall market revenue.
However, the Asia-Pacific region is expected to exhibit the fastest growth during the forecast period, driven by the increasing demand for cheese products from emerging economies such as India and China. Overall, the cheese market is expected to continue to grow in the coming years, driven by factors such as increasing urbanization, changing dietary habits, and the expanding food and beverage industry. However, the market may also face challenges related to price volatility in the dairy industry, changing consumer preferences, and concerns over the environmental impact of cheese production.
Market Segmentation:
By Type
- Cheddar
- Mozzarella
- Parmesan
- Swiss
- Feta
- Blue Cheese
- Gouda
- Camembert
- Brie
- Ricotta
- Cream Cheese
- Provolone
- Colby
- Monterrey Jack
- Others
By Form
- Blocks
- Slices
- Cubes
- Grated
- Shredded
- Others
By Source
- Cow Milk
- Sheep Milk
- Goat Milk
- Others
By Processing
- Natural Cheese
- Processed Cheese
- Artisanal Cheese
By Application
- Food Processing
- Foodservice
- Retail
By Distribution Channel
- Supermarkets
- Hypermarkets
- Convenience Stores
- Online Retailers
- Foodservice Providers
- Specialty Cheese Shops
- Others
Key Player:
- Arla Foods
- Bel Group
- Fonterra Co-operative Group Limited
- Fromageries Bel SA
- Glanbia plc
- Groupe Lactalis S.A.
- Kerry Group plc
- Kraft Heinz Company
- Land O'Lakes, Inc.
- Leprino Foods Company
- Saputo Inc.
- Sargento Foods Inc.
- The Kraft Heinz Company
- Tillamook County Creamery Association
- The Unaka’s Group
Regional Analysis:
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Cheese market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
- Provision of market value (USD Billion) data for each segment and sub-segment.
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis.
- Provides insight into the market through Value Chain.
- Market dynamics scenario, along with growth opportunities of the market in the years to come.
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Key Points:
- Define, describe and forecast cheese market market by type, application, end user and region.
- Provide strategies for company to deal with the impact of COVID-19.
- Provide enterprise external environment analysis and PEST analysis.
- Provide market dynamic analysis, including market driving factors, market development constraints.
- Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
- Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy.
- Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
- Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
- Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
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