Reports
Global Cheese Market Size, Share, Trends, Growth, Forecast: By Source: Cow Milk, Buffalo Milk, Goat Milk, Others; By Type: Natural, Processed; By Product: Mozzarella, Cheddar, Feta, Parmesan, Roquefort, Others; By Distribution Channel: Supermarkets and Hypermarkets, Others; By Format; Regional Analysis; Competitive Landscape; 2024-2032
Global Cheese Market Outlook
The global cheese market reached a value of about USD 94.70 billion in 2023. The market is further expected to grow at a CAGR of 7.8% in the forecast period of 2024-2032 to reach a value of approximately USD 186.19 billion by 2032.
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This report by EMR entitled “Global Cheese Market Report and Forecast 2024-2032” provides a comprehensive analysis for anyone who plans to foray into the cheese market. The industry is currently being driven by a high demand for dairy products and growing demand from the fast food industry where the product is a key ingredient. Other factors like changing lifestyles and food habits, growing urbanisation and increasing disposable incomes in emerging economies are also bolstering the growth of the global industry. On a regional level, Europe currently represents the largest cheese market.
Properties and Applications
Cheese is a healthy and high protein food product usually made from the milk of cows, buffaloes, goats and sheep. It is formed by the coagulation of the milk protein casein and can be prepared in a wide range of flavours, textures and forms.
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Based on source, the global cheese market is categorised into:
- Cow Milk
- Buffalo Milk
- Goat Milk
- Others
On the basis of type, the industry is divided into:
- Natural
- Processed
Based on product, the global cheese market has been segmented as
- Mozzarella
- Cheddar
- Feta
- Parmesan
- Roquefort
- Others
Based on format the industry can be segmented into:
- Slices
- Diced/Cubes
- Shredded
- Blocks
- Spreads
- Liquid
- Others
Additionally, the report has analysed the cheese market on the basis of various distribution channels like supermarkets and hypermarkets, convenience stores, specialty stores, and online, among others. Based on the various distribution channels, supermarkets and hypermarkets represent the biggest point of sales for the product.
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
Cheese contains a host of nutrients like calcium, protein, phosphorus, zinc, vitamin A and vitamin B12, which makes it a nutritional food for all the age groups. The growing demand for cheese in the preparation of fast foods is driving the global cheese market growth.
The value chain analysis of the product has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution.
This report provides an exhaustive insight for setting-up and running a cheese manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global cheese market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Nestle SA
- Danone S.A.
- Dean Foods Co.
- Lactalis International
- Fonterra Co-operative Group
- Royal FrieslandCampina N.V.
- Arla Foods amba
- Others
The comprehensive EMR report provides an in-depth assessment of the global cheese market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Source, Type, Product, Distribution Channel, Format, Region |
| 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 Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Nestle SA, Danone S.A., Dean Foods Co., Lactalis International, Fonterra Co-operative Group, Royal FrieslandCampina N.V., Arla Foods amba, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Cheese Market Analysis
8.1 Key Industry Highlights
8.2 Global Cheese Historical Market (2018-2023)
8.3 Global Cheese Market Forecast (2024-2032)
8.4 Global Cheese Market by Source
8.4.1 Cow Milk
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Buffalo Milk
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Goat Milk
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Cheese Market by Type
8.5.1 Natural
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Processed
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 Global Cheese Market by Product
8.6.1 Mozzarella
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Cheddar
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Feta
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Parmesan
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Roquefort
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Cheese Market by Distribution Channel
8.7.1 Supermarkets and Hypermarkets
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Convenience Stores
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Specialty Stores
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Online
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Others
8.8 Global Cheese Market by Format
8.8.1 Slices
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2023)
8.8.1.3 Forecast Trend (2024-2032)
8.8.2 Diced/Cubes
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2023)
8.8.2.3 Forecast Trend (2024-2032)
8.8.3 Shredded
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2023)
8.8.3.3 Forecast Trend (2024-2032)
8.8.4 Blocks
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2023)
8.8.4.3 Forecast Trend (2024-2032)
8.8.5 Spreads
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2023)
8.8.5.3 Forecast Trend (2024-2032)
8.8.6 Liquid
8.8.6.1 Market Share
8.8.6.2 Historical Trend (2018-2023)
8.8.6.3 Forecast Trend (2024-2032)
8.8.7 Others
8.9 Global Cheese Market by Region
8.9.1 Market Share
8.9.1.1 North America
8.9.1.2 Europe
8.9.1.3 Asia Pacific
8.9.1.4 Latin America
8.9.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
13 Manufacturing Process
14.1 Detailed Process Flow
14.2 Operations Involved
14.3 Mass Balance
14 Project Requirement and Cost Analysis
14.1 Land, Location, and Site Development
14.2 Construction
14.3 Plant Machinery
14.4 Cost of Raw Material
14.5 Packaging
14.6 Transportation
14.7 Utilities
14.8 Manpower
14.9 Other Capital Investment
15 Project Economics
15.1 Capital Cost of the Project
15.2 Techno-Economic Parameters
15.3 Product Pricing and Margins Across Various Levels of the Supply Chain
15.4 Taxation and Depreciation
15.5 Income Projections
15.6 Expenditure Projections
15.7 Financial Analysis
15.8 Profit Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Company Profiles
16.3.1 Nestle SA
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Demographic Reach and Achievements
16.3.1.4 Certifications
16.3.2 Danone S.A.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Demographic Reach and Achievements
16.3.2.4 Certifications
16.3.3 Dean Foods Co.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Demographic Reach and Achievements
16.3.3.4 Certifications
16.3.4 Lactalis International
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Demographic Reach and Achievements
16.3.4.4 Certifications
16.3.5 Fonterra Co-operative Group
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Demographic Reach and Achievements
16.3.5.4 Certifications
16.3.6 Royal FrieslandCampina N.V.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Demographic Reach and Achievements
16.3.6.4 Certifications
16.3.7 Arla Foods amba
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Demographic Reach and Achievements
16.3.7.4 Certifications
16.3.8 Others
17 Industry Events and Developments
List of Key Figures and Tables
1. Global Cheese Market: Key Industry Highlights, 2018 and 2032
2. Global Cheese Historical Market: Breakup by Source (USD Billion), 2018-2023
3. Global Cheese Market Forecast: Breakup by Source (USD Billion), 2024-2032
4. Global Cheese Historical Market: Breakup by Type (USD Billion), 2018-2023
5. Global Cheese Market Forecast: Breakup by Type (USD Billion), 2024-2032
6. Global Cheese Historical Market: Breakup by Product (USD Billion), 2018-2023
7. Global Cheese Market Forecast: Breakup by Product (USD Billion), 2024-2032
8. Global Cheese Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
9. Global Cheese Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
10. Global Cheese Historical Market: Breakup by Format (USD Billion), 2018-2023
11. Global Cheese Market Forecast: Breakup by Format (USD Billion), 2024-2032
12. Global Cheese Historical Market: Breakup by Region (USD Billion), 2018-2023
13. Global Cheese Market Forecast: Breakup by Region (USD Billion), 2024-2032
14. North America Cheese Historical Market: Breakup by Country (USD Billion), 2018-2023
15. North America Cheese Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Europe Cheese Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Europe Cheese Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Asia Pacific Cheese Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Asia Pacific Cheese Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Latin America Cheese Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Latin America Cheese Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Middle East and Africa Cheese Historical Market: Breakup by Country (USD Billion), 2018-2023
23. Middle East and Africa Cheese Market Forecast: Breakup by Country (USD Billion), 2024-2032
24. North America Historical Price Trends and Forecast 2018-2028
25. Europe Historical Price Trends and Forecast 2018-2028
26. Asia Pacific Historical Price Trends and Forecast 2018-2028
27. Latin America Historical Price Trends and Forecast 2018-2028
28. Middle East and Africa Historical Price Trends and Forecast 2018-2028
29. Global Cheese Market Structure
Key Questions Answered in the Report
In 2023, the global cheese market attained a value of nearly USD 94.70 billion.
The market is projected to grow at a CAGR of 7.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 186.19 billion by 2032.
The major drivers of the market include the growing consumption of fast food, increasing population, changing lifestyles and food habits, rising disposable incomes, and the growing urbanisation.
The key trend aiding the growth of the market include the launch of vegan and organic cheese variants.
The major regional markets are North America, Europe, the Asia Pacific, Latin America and the Middle East and Africa, with Europe accounting for the largest market share.
Cow milk, buffalo milk, and goat milk, among others are the major source types in the market.
Natural and processed are the major cheese types available in the market.
The major product types available in the market are mozzarella, cheddar, feta, parmesan, Roquefort, and others.
Slices, diced/cubes, shredded, blocks, spreads, and liquid, among others, are the major segments in the industry based on product format.
Supermarkets and hypermarkets represent the leading distribution channels of the product.
The major players in the market are Nestle SA, Danone S.A., Dean Foods Co., Lactalis International, Fonterra Co-operative Group, Royal FrieslandCampina N.V., and Arla Foods amba, among others.
Analyst Review
The global cheese market attained a value of USD 94.70 billion in 2023. driven by the growing utilisation of cheese to prepare fast foods and changing lifestyles. Aided by the growing demand for vegan and organic cheese variants, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 7.8%. The global cheese market is projected to reach USD 186.19 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on source, the industry can be segmented into cow milk, buffalo milk and goat milk, among others. Based on its type, the global cheese market can be bifurcated into natural and processed cheese. On the basis of products, the industry can be categorised into mozzarella, cheddar, feta, parmesan, and Roquefort, among others. On the basis of format, the industry is segregated into slices, diced/cubes, shredded, blocks, spreads, liquid, and others. On the basis of distribution channels, the industry can be segmented into supermarkets and hypermarkets, convenience stores, specialty stores, and online, among others, where supermarkets and hypermarkets occupy the largest market share. The major regional markets for cheese are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest share of the market. The key players in the above market include Nestle SA, Danone S.A., Dean Foods Co., Lactalis International, Fonterra Co-operative Group, Royal FrieslandCampina N.V., and Arla Foods amba, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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