The Global Cheese Market size was valued at around USD 181.2 billion in 2023 & is estimated to grow at a CAGR of around 5.85% during the forecast period, i.e., 2024-30.                          

Key Findings of the Study: Cheese Market

Global Cheese Market Trend: Artisanal and Functional Varieties Gaining Traction

The market is witnessing a surge in demand for artisanal and functional food varieties, driven by consumers' growing preference for fresh, homemade, and specialty products. With natural processing techniques ensuring safety, these offerings are becoming increasingly popular. Factors such as consumers' adventurous spirit in exploring new flavors, a rising inclination towards dining out, and the increasing consumption of processed cheese-based foods are contributing to the momentum, propelling market growth & development.

In addition, the artisan cheese market Price in the U.S. is on a steady incline, with 995 cheese artisans noted in a recent survey by the American Cheese Society (ACS) in 2022. This sector is witnessing a surge in demand as consumers increasingly favor handmade, naturally flavored, and farm-fresh products. Motivated by factors ranging from nutritional benefits to convenience and taste, consumers are showing a penchant for these artisanal offerings. Simultaneously, their evolving preferences are shaping new expectations for the market, prompting manufacturers to introduce innovative products. These cheese trends not only signify the growing popularity of artisanal cheeses but also indicate a promising trajectory for market expansion.

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Scope of the Report and Cheese Market Segmentation

By Type

-Natural Cheese

-Processed Cheese

By Product Type

-Cheddar

-Mozzarella

-Blue

-Parmesan

-Feta

-Roquefort

-Others

--Red Leicester

--Brie

--Emmentaler

--Gloucester

--Camembert

  • The mozzarella segment accounts for a significant market share of the Global Cheese Market

By Source

-Animal-Based

--Cattle

--Sheep

--Goat

--Camel

-Plant-Based

--Soya

--Almond

--Cashew

--Others

By Nature

-Organic

-Conventional

By Form

-Block

--Hard Cheese

--Soft Cheese

-Spreadable

--Cream Cheese

--Reconstituted Cheese

-Slices

-Powder

-Diced/Cubes

-Shredded

-Others

By Application

-Bakery & confectionery

-Snacks & cereals

-Ready Meals

-Sweet & savory snacks

-Sauces, dressings, dips, and condiments

-Others (Desserts, Creams, Processed Meat & Egg Products, etc.)

By Distribution Channel

-Offline

--Supermarkets/Hypermarkets

--Specialty Stores

--Convenience Stores

-Online Retail

-Others

Top leading companies in the Cheese Market includes:

Arla Foods, Glanbia, Fonterra, Kraft Natural Cheese, Saputo, Bel Group, Dalter Alimentari Spa, Frieslandcampina, DMK Deutsches Milchkontor Gmbh, Lactalis International, Meiji Holdings, Amul, Crystal Farms Dairy Co., Savencia Sa, Land O’Lakes, and others

Cheese Market Development

  • April 2024: Crystal Farms Dairy Co. unveiled 10 fresh offerings in the cheese aisle with a concentration on daring taste profiles such as extraordinary shredded mixtures and Ghost Pepper, along with wholesome quick bites including Gouda Snack Cubes.
  • March 2024: Kraft Natural Cheese, a global dairy brand, launched Kraft Signature Shreds. This new product innovation offers consumers a restaurant-style, thick-cut, unique, natural shredded cheese to elevate their homemade meals with satisfying flavor.

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Geographical analysis:

North America: The US, Canada, Mexico

Europe: Germany, The UK, France, Italy, Spain, Rest of Europe

Asia-Pacific: China, Japan, India, South Korea, Australia, Rest of Asia Pacific

South America: Brazil, Argentina, Rest of Latin America

Middle East & Africa: Saudi Arabia, UAE, South Africa, Rest of The Middle East & Africa

  • The European cheese market demonstrates a clear dominance, fueled by diverse cheese options readily available throughout the region.

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