Press release
Cheese Market Anticipated To Witness Robust Growth, Surpassing $437.18 Billion By 2029
The Cheese Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Cheese Market Size and Its Estimated Growth Rate?
The cheese market size has increased significantly in the past few years. It is forecasted to grow from $296.06 billion in 2024 to $320.15 billion in 2025, at a CAGR of 8.1%. Key drivers have included dairy industry development, cultural food preferences, global production levels, international trade, and effective branding.
The cheese market is expected to see strong growth, increasing to $437.18 billion by 2029 at a CAGR of 8.1%. This growth is attributed to health-conscious consumer preferences, the demand for sustainability and ethical cheese production, the popularity of artisan and specialty cheeses, the rise of digital marketing and e-commerce, and the global expansion of the market. Key trends include plant-based and vegan cheeses, aged and artisan varieties, cheese pairing and tasting events, clean label and natural options, and the popularity of cheese boards and charcuterie.
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How Are Emerging Segments Shaping the Cheese Market Landscape?
The cheese market covered in this report is segmented -
1) By Type: Natural Cheese, Processed Cheese
2) By Product: Mozzarella, Cheddar, Feta, Parmesan, Roquefort, Other Products
3) By Distribution Channel: Super markets Or Hyper markets, Convenience Stores, E-Commerce, Other Distribution Channels
Subsegments:
1) By Natural Cheese: Fresh Cheese, Soft Cheese, Semi-Hard Cheese, Hard Cheese, Blue Cheese, Other Natural Cheese
2) By Processed Cheese: Processed Cheese Slices, Processed Cheese Blocks, Processed Cheese Spreads, Cheese Powder, Processed Cheese Sauces, Other Processed Cheese
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Which Growth Factors Are Influencing Cheese Market Expansion?
The cheese market is expected to grow due to rising demand for local, sustainable, and organic food. Organic and sustainable foods are produced with eco-friendly methods, avoiding synthetic chemicals while promoting animal welfare. As consumers become more aware of the health benefits and environmental concerns related to food production, the demand for organic cheese, which supports local farms and promotes healthier ecosystems, is increasing. For example, the plant-based dairy sector, including cheese, reached $21.6 billion in 2022, reflecting a 7% growth from 2021, contributing to the growth of the cheese market.
Who Are the Dominant Players Across Different Cheese Market Segments?
Major companies operating in the cheese market include Groupe Lactalis S.A., Saputo Inc, The Kraft Heinz Company, Fonterra Group Cooperative Limited, Arla Foods amba, Savencia Fromage & Dairy, Frieslandcampina, Alfa SA.B. de C.V., Agropur cooperative, Land O'Lakes Inc., Dairy Farmers of America Inc., Bel Group, Sargento Foods Inc., Tillamook County Creamery Association, Cabot Creamery, Leprino Foods Company, Emmi Group, Glanbia plc, Murray's Cheese, Cowgirl Creamery, Cypress Grove Chevre Inc., Darigold Inc., DCI Cheese Company, Gossner Foods, Groupe Bel, Marin French Cheese Co., Kraft Foods Group Inc., Alouette Cheese USA LLC, Organic Valley, Sartori Company, Schreiber Foods Inc., Swiss Valley Farms.
What Are the Latest Developing Trends in the Cheese Market?
Leading companies in the cheese market are innovating with products like plant-based mac & cheese to meet the rising demand for plant-based alternatives. For example, Kraft Heinz introduced its plant-based mac & cheese in November 2023. The dairy-free product offers a vegan alternative to the classic dish, with a creamy and comforting taste that mirrors traditional Kraft Mac & Cheese, expanding the company's plant-based product range.
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Which Geographic Regions Are Expected to Dominate the Cheese Market in the Coming Years?
Asia-Pacific was the largest region in the cheese market in 2023. North America was the second-largest region in the cheese market. The regions covered in the cheese market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cheese Market?
2. What is the CAGR expected in the Cheese Market?
3. What Are the Key Innovations Transforming the Cheese Industry?
4. Which Region Is Leading the Cheese Market?
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