A variety of factors like rising disposable income, changing dietary habits, and growing fast food industry have boosted the demand for cheese worldwide. Traditionally popular in Western countries, the consumption of cheese has increased significantly in Asia Pacific and other emerging economies as more people incorporate it into their daily diets. Most commercially produced cheeses can be classified into two main categories - natural cheese which includes cheddar, parmesan, mozzarella, etc. and processed cheese slices or spreads. The natural cheese segment dominates the market currently due to increasing health consciousness.
Market Dynamics:
The global cheese market is driven by growing fast food chains, rising incomes, and changing preference towards western snacking habits. Factors like increasing popularity of pizza and burger consumption have propelled the demand for mozzarella and cheddar cheese globally. However, stringent regulations regarding cheese production and rising prevalence of lactose intolerance act as restraints. Opportunities lie in new product innovations catering to health-conscious consumers like low-fat, low-calorie cheese variants. Market players are focused on R&D to develop novel cheese flavors and applications. The Asia Pacific region presents high growth prospects owing to rising living standards and young population embracing western cultural trends.
Key features of the study:
- This report provides in-depth analysis of the global cheese market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global cheese market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include The Kraft Heinz Co., Arla Foods Inc., Bongrain SA, Fonterra Co-Operative Group Ltd., Fromageries Bel S.A., Mondelez International Group (Kraft), Sargento Foods Inc., Almarai Company Ltd., Saputo Inc., Royal FrieslandCampina N.V., Groupe Lactalis S.A, Emmi, Land O'Lakes, Inc., Lactose A/S, Dairiconcepts, L.P., FrieslandCampina, Kanegrade Limited, Aarkay Food Products Ltd., Kerry Group Plc, and Dairy Farmers of America Inc
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global cheese market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cheese market
Detailed Segmentation
- By Cheese Type
-
- Hard Cheese
- Soft Cheese
- Semi-Hard Cheese
- Fresh Cheese
- By Cheese Form
- Block/Wheel
- Shredded/Grated
- Sliced
- By Distribution Channel
- Supermarkets/Hypermarkets
- Specialty Stores
- Online/E-commerce
- Foodservice/HoReCa
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Key Players Insights
- The Kraft Heinz Co.
- Arla Foods Inc.
- Bongrain SA
- Fonterra Co-Operative Group Ltd.
- Fromageries Bel S.A.
- Mondelez International Group (Kraft)
- Sargento Foods Inc.
- Almarai Company Ltd.
- Saputo Inc.
- Royal FrieslandCampina N.V.
- Groupe Lactalis S.A
- Emmi
- Land O'Lakes, Inc.
- Lactose A/S
- Dairiconcepts, L.P.
- FrieslandCampina
- Kanegrade Limited
- Aarkay Food Products Ltd.
- Kerry Group Plc
- Dairy Farmers of America Inc
