Latin America Cheese Industry Analysis and Research Report
Latin America Cheese Market Report by Source (Cow Milk, Buffalo Milk, Goat Milk, and Others), Type (Natural, Processed), Product (Mozzarella, Cheddar, Feta, Parmesan, Roquefort, and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online, and Others), Format (Slices, Diced/Cubes, Shredded, Blocks, Spreads, Liquid, and Others), and Country 2024-2032
The Latin America cheese market size reached 1.7 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 2.0 Million Tons by 2032, exhibiting a growth rate (CAGR) of 2.1% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
1.7 Million Tons
Market Forecast in 2032
2.0 Million Tons
Market Growth Rate 2024-2032
2.1%
Cheese is prepared by coagulating the protein casein present in milk. It contains fats and proteins from milk, which is mainly derived from cows, buffalo, goats, or sheep. At present, a wide range of cheese textures, flavors and forms are available in the Latin American region, including mozzarella, parmesan, feta, roquefort and cheddar.
Latin America is home to prominent market players who produce and offer a variety of cheese in the region. This, in confluence with the escalating demand for cheese ingredients, such as cultures, enzymes, milk, additives, and other cheese-related products, represents one of the significant factors driving the market growth. Apart from this, rapidly changing lifestyles and eating patterns of individuals are acting as another growth-inducing factor.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Latin America cheese market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on source, type, product, distribution channel and format.
Breakup by Source:
Cow Milk
Buffalo Milk
Goat Milk
Others
Breakup by Type:
Natural
Processed
Breakup by Product:
Mozzarella
Cheddar
Feta
Parmesan
Roquefort
Others
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores
Online
Others
Breakup by Format:
Slices
Diced/Cubes
Shredded
Blocks
Spreads
Liquid
Others
Breakup by Country:
Brazil
Mexico
Argentina
Colombia
Chile
Peru
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
Million Tons
Segment Coverage
Source, Type, Product, Distribution Channel, Format, Country
Countries Covered
Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
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)
Key Questions Answered in This Report
The Latin America cheese market reached a volume of 1.7 Million Tons in 2023.
We expect the Latin America cheese market to exhibit a CAGR of 2.1% during 2024-2032.
The growing demand for several cheese variants, such as mozzarella, parmesan, feta, Roquefort, and
cheddar, based on their textures, flavors, and forms, is currently driving the Latin America 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
cheese.
Based on the source, the Latin America cheese market can be segmented into cow milk, buffalo milk,
goat milk, and others. Among these, cow milk holds the majority of the total market share.
Based on the type, the Latin America cheese market has been divided into natural and processed.
Currently, natural exhibits a clear dominance in the market.
Based on the product, the Latin America cheese market can be categorized into mozzarella, cheddar,
feta, parmesan, Roquefort, and others. Among these, cheddar currently accounts for the largest market
share.
Based on the distribution channel, the Latin America cheese market has been segregated into
supermarkets and hypermarkets, convenience stores, specialty stores, online, and others. Currently,
supermarkets and hypermarkets hold the majority of the total market share.
Based on the format, the Latin America cheese market can be bifurcated into slices, diced/cubes,
shredded, blocks, spreads, liquid, and others. Among these, slices exhibit a clear dominance in the
market.
On a regional level, the market has been classified into Brazil, Mexico, Argentina, Colombia, Chile, Peru,
and Others, where Brazil currently dominates the Latin America cheese market.
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