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The global cheese market reached a value of US$ 77.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 113.3 Billion by 2027, exhibiting at a CAGR of 6.31% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Cheese refers to a dairy product which is produced in a wide range of flavours, textures and forms by coagulating the milk protein casein, usually derived from the milk of cows, buffalo, goat or sheep. Cheese has been valued for ages due to its portability and longer shelf- life. Apart from this, it is a good source of nutrients, such as calcium which is vital for building strong bones and certain high-quality proteins that provide essential building blocks for strong muscles. In addition to this, it contains other important nutrients like phosphorous, zinc, vitamin A and vitamin B12. As a large variety of cheese is produced in the different parts of the globe, its texture and flavour mainly rely on the origin of the milk, whether it is aged, pasteurized or processed.
IMARC Group provides an analysis of the key trends in each sub-segment of the global cheese market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on source, type, product, format and distribution channel.
Breakup by Source:
On the basis of source, the global cheese market is segregated as cow milk, buffalo milk, goat milk and others.
Breakup by Type:
Based on type, the market is segmented into natural and processed. Currently, naturally produced cheese is preferred over the processed formulation on account of increasing health awareness amongst the consumers.
Breakup by Product:
On the basis of product, the global cheese market is divided as mozzarella, cheddar, feta, parmesan, roquefort and others. It is commonly used in pizzas, lasagne as well as pasta and enjoyed by people across the globe owing to its taste and healthy nutrients.
Breakup by Format:
Based on format, the market is classified into slices, diced/cubes, shredded, blocks, spreads, liquid and others. Different formats of cheese are employed in the preparation of numerous food products like sandwich, wrap, pizza, etc.
Breakup by Distribution Channel:
On the basis of distribution channel, supermarkets and hypermarkets represent the biggest segment as they offer convenience to the consumers. They are followed by convenience stores, specialty stores, online stores and others.
On a geographical front, Europe enjoys a leading position in the global cheese market due to its high demand in the region. In comparison with fluid milk, cheese is regarded as the second most preferred dairy product in Europe. Other major regions include North America, Asia Pacific, Latin America and Middle East and Africa.
The market is fragmented in nature with the presence of several large and regional manufacturers who are competing in terms of prices and quality. In the recent years, the industry has been witnessing innumerable expansions via merging and acquisitions which are taking place amongst regional players across the globe. There prevails a tough competition in the market which makes it difficult for small players to enter. Some of the top cheese manufacturs operating in the market are:
This report provides a deep insight into the global cheese industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a cheese manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the cheese industry in any manner.
|Base Year of the Analysis||2021|
|Units||US$ Billion, Million Metric Tons|
|Segment Coverage||Source, Type, Product, Format, Distribution Channel, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico, Argentina, Colombia, Chile, Peru, Turkey, Saudi Arabia, Iran, United Arab Emirates|
|Companies Covered||Lactalis Group, Fonterra, FrieslandCampina, Dairy Farmers of America, Arla Foods, SAVENCIA SA|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option|
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The global cheese market was valued at US$ 77.6 Billion in 2021.
We expect the global cheese market to exhibit a CAGR of 6.31% during 2022-2027.
The growing popularity of Italian cuisine, along with the increasing consumer awareness towards longer
shelf life and rich nutritional value of cheese, is primarily driving the global cheese market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of
Based on the source, the global cheese market can be segmented into cow milk, buffalo milk, goat milk,
and others. Currently, cow milk holds the majority of the total market share.
Based on the type, the global cheese market has been divided into natural and processed, where
naturally produced cheese currently exhibits a clear dominance in the market.
Based on the product, the global cheese market can be categorized into mozzarella, cheddar, feta,
parmesan, Roquefort, and others. Among these, mozzarella accounts for the majority of the total
Based on the format, the global cheese market has been segmented into slices, diced/cubes, shredded,
blocks, spreads, liquid, and others. Currently, sliced cheese accounts for the largest market share.
Based on the distribution channel, the global cheese market can be categorized into supermarkets and
hypermarkets, convenience stores, specialty stores, online stores, and others. Among these,
supermarkets and hypermarkets currently exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where Europe currently dominates the global market.
Some of the major players in the global cheese market include Lactalis Group, Fonterra,
FrieslandCampina, Dairy Farmers of America, Arla Foods, SAVENCIA SA, etc.
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