Report Overview

Global Cheese Market: Overview

Cheese is the most consumed fermented food globally owing to various flavors and textures. Availability of various brands of cheese with diverse flavors in the market is expected to drive the market growth in upcoming years. The major factors driving the growth of the global cheese market are an increase in process food consumption and the growing fast-food industry. The global Cheese market was valued at US$ 8,359.4 Mn in 2016 and it is expected to reach at US$ 25,869 Mn by 2025 and estimated to grow at CAGR of 11.6% during 2020-2025.

The high growth rate of the fast food industry is expected to result in increased consumption of cheese in the near future. Also, the growing demand for unprocessed cheese and improvements in packaging technology is expected to boost the cheese market over the forecast period.

The rising number of populace adopting diet pattern consume cheese as it has high protein content which helps in gaining weight and building up bone strength thus, likely to fuel the growth of the cheese market. On the other side of the picture, cheese encompasses huge fat content further somehow limit its usage among the obese population which may hamper the growth of the cheese market. Nevertheless, manufacturers are focusing on R& D for low-fat cheese and various innovations to improve the taste & quality of the products provide new opportunities in the market. With an increase in the marketing initiatives taken by major players through various advertising mediums, such as newspaper, television, etc., the product increase awareness amongst the population will augment the cheese market globally.

Natural Cheese Witnesses Higher Demand on Account of Taste and Texture of the overall Cheese market during the forecast period.

On the basis of type, the global cheese market is divided into Natural and unprocessed cheese.  Natural cheese is the leading segment owing to high demand from consumers due to its fresh flavor and texture.  Due to an increase in health awareness among the consumer, it is preferred over the processed formulation. It has become an important ingredient in fast food like pizza and burgers and is used by restaurants and roadside eating joints. However, cheese has been in use in developed regions for a longer duration, and the taste and texture of natural cheese are gaining popularity over its processed counterpart.

Processed cheese is likely to flourish the market in the coming years owing to its high use in fast food such as burgers, pizza, and hamburgers. Growing demand in developing economies, such as India and China, on account of changing lifestyle and the tendency to eat more frequently will boost the market of processed cheese in the forecast period.

Cheddar cheese segment is projected to be the leading segment of the overall cheese market during the forecast period.

On the basis of product, the global cheese market is divided as mozzarella, cheddar, feta, parmesan, Roquefort and others. The global cheddar cheese market is the dominant segment and is expected to dominate in the future owing to its large-scale popularity and a wide range of use in several cuisines across different regions. It can be granted, liquefied, pieced due to its hard texture along with long shelf life compared to mozzarella. Therefore, Feta and Roquefort are liable to prosper the market growth in the forecast period owing to intense flavor. Advancement in the food and beverages industry, growth in consumption of processed food, and busy lifestyles are expected to be the key factors contributing to market growth.

Europe accounts for largest share of the global cheese market during the forecast period.

On the basis of the region, the cheese market has been segmental into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe, on account to the maximum usage of cheese, holds the lion share of the market. Cheese is an important part of the European diet, and it forms an integral component of most European cuisine. Half of the consumer in Europe depends on cheese for their protein intake, and cheese is still the most favorite travel food for European travelers. Thus, the share of the cheese market is expected to witness growth in this region in anticipated period.

The Asia Pacific region is projected to witness the fastest growing in the global cheese powder market. Due to expansion of the middle-class population, rapidly growing fast food industry, increasing disposable income, rapid urbanization, and change in the dietary preferences of consumers in countries, such as China, India, and Australia have led to an increased demand for cheese in the region.

Objective of the Study:

·         To analyze and forecast market size of the world cheese market, in terms of Value & volume

·         To examine the careful market segmentation and forecast the market size, on the basis of region, segmented into 5 regions, namely, North America, Europe, Asia Pacific, MEA, & LATAM and major countries in the respective regions

·         To outline, categorized and forecast the global cheese market on the basis of product kind and distribution channel.

·         To examine competitive developments like expansions, technological advancement, new flavor launches, services, and regulative framework within the global cheese market.

·         To identify the drivers and challenges for global cheese market.

·         To spot the profile of leading players and an array of strategy outlook and SWOT analysis of major industry players.

Global Cheese Market: Competitive Landscape

Companies, such as Kerry Group Plc, Arla Foods, Land O’Lakes, Inc., Aarkay Food Products Ltd,       Groupe Lactalis, Kanegrade Limited, The Kraft Heinz Co., Friesland Campina, Dairy Farmers of America Inc. are the major players in the global cheese market, providing various products and flavors of cheese. Other vendors in the market include Almarai, Associated Milk Producers, Bega Cheese, Bel Group, Bletsoe Cheese, Brunkow Cheese Factory, Burnett Dairy, Cady Cheese Factory, Dupont Cheese, , Emmi, Fromageries Bel, GCMMF-Amul, Hatsun, Hook’s Cheese Company, Kraft, Mother Dairy, Parag Milk Foods, Saputo, and Sargento Foods.

Scope of the Report

By Type

·         Natural

·         Processed

By Product

·         Mozzarella

·         Cheddar

·         Feta

·         Parmesan

·         Roquefort

·         Others

By Distribution Channel

·         Retail stores

·         Specialty stores

·         Online

·         Others

In addition, the report provides analysis of the Cheese market with respect to the following geographic segments:

·         North America

·         Latin America

·         Asia Pacific (APAC)

·         Europe

·         Middle East & Africa

Customization Scope for the Client

Client satisfaction is our first and last priority. And that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

·         With three additional company detail analysis.

·         Additional country analysis.

·         Detailed segment analysis.