Feta Cheese Market 2024 - By Size, Share, Trends Analysis Report And Forecasts To 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Feta Cheese Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $19.01 billion In 2028 At A CAGR Of 7.0%.

The feta cheese market size has grown strongly in recent years. It will grow from $13.65 billion in 2023 to $14.52 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to growth in mediterranean cuisine popularity, increasing health consciousness, globalization of food culture, rising demand for specialty cheeses, diverse applications in culinary, focus on natural and organic foods..

The feta cheese market size is expected to see strong growth in the next few years. It will grow to $19.01 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to continued emphasis on healthy eating, innovation in feta cheese products, increased focus on sustainable agriculture, consumer demand for authentic experiences, expansion of quick-service restaurants.. Major trends in the forecast period include plant-based alternatives, flavored feta varieties, clean label and transparency, educational marketing, innovations in packaging..

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Feta Cheese Market Major Segments
The feta cheese market covered in this report is segmented -

1) By Type: Bulgarian Feta, French Feta, German Feta, Other Types
2) By Source: Cow Milk, Sheep Milk, Goat Milk
3) By Distribution Channel: B2B, B2C

Key Driver - Surge In Sheep And Goat Milk Production Boosts Growth Of The Feta Cheese Market

An increase in milk production such as sheep and goats are expected to propel the feta cheese market going forward. Milk refers to a liquid produced by cows, goats, and some other animals, which is used for drinking and making butter, cheese, yogurt, and other dairy product. Generally, feta cheese is made entirely of sheep milk, but it may also be prepared using 30% goat milk and 70% sheep milk. Therefore, a rise in goat and sheep milk production raises demand for the feta cheese market. For instance, in 2022, according to The Organization for Economic Co-operation and Development (OECD), a France-based intergovernmental organization, the production of milk worldwide (roughly 81% cow milk, 15% buffalo milk, and 4% goat, sheep, and camel milk combined) increased by 1.1% to about 887 Mt in 2021. Thus, an increase in milk production of sheep and goats drives the feta cheese market.

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Prominent Trend - Feta Cheese Market Sees A Wave Of Innovation

Product innovations have emerged as a key trend gaining popularity in the feta cheese market. Major companies operating in the market are advancing toward the use of innovative solutions for the food service feta cheese market. For instance, in December 2021, Dodoni S.A, a Greece-based agriculture dairy industry, launched an innovative spreadable cheese, DODONI Spread. Dodoni Spread is a spreadable cheese based on PDO Dodoni Feta. It's a spreadable product comprised of whole pieces of feta and DODONI yogurt. The product features low fat (16%), with a high protein content, and spreads easily owing to its creamy texture, making it a great alternative for spreading. It is available in three flavors including natural taste, tomato basil, and chili pepper.

Feta Cheese Market Players
Major companies operating in the feta cheese market report are Arla Foods amba, Lactalis American Group Inc., Fonterra Co-operative Group Limited, Saputo Inc., The Kraft Heinz Company, Dodoni S.A., Kolios S.A, Mevgal, Saudia Dairy and Foodstuff Company, Clover Leaf Cheese Ltd., Carr Valley Cheese, Agropur Cooperative, Churney Company Inc., Organic Valley, Amul, Bel Brands USA Inc., Fage International S.A., Epirus S.A., Karoun Dairies LLC, Vermont Creamery, Lemnos Foods, Mt Vikos, Pastures of Eden, Olympus Dairy, Crystal Farms, Arahova Products Distribution Inc., Old Europe Cheese, Bethel Creamery, Klondike Cheese Company, Sierra Nevada Cheese Co., Makedonia S.A., Valbreso, Verde Farm, Domi Greece, Kasseri S.A., Naxos Dairy, Tresomega Nutrition .

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Largest And Fastest Growing Region In The Market
Europe was the largest region in the feta cheese market in 2023. Asia-Pacific is expected to be the fastest-growing region in the feta cheese market during the forecast period. The regions covered in the feta cheese market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Feta Cheese Market Report Structure
3. Feta Cheese Market Trends And Strategies
4. Feta Cheese Market - Macro Economic Scenario
5. Feta Cheese Market Size And Growth
…..
27. Feta Cheese Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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