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Cheese Market Report and Forecast 2024-2032

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    Report

  • 205 Pages
  • November 2023
  • Region: Global
  • Expert Market Research
  • ID: 5921635
According to the report, the global cheese market is projected to grow at a CAGR of 7.8% between 2024 and 2032 reaching a value of approximate USD 164.53 billion by 2032. Aided by the evolving global culinary landscape and a rising fondness for dairy-based products, the market is expected to grow significantly by 2032.

Cheese, a revered culinary delight for centuries, is crafted from the coagulation of milk protein casein. It's a dense source of various nutrients, including calcium, protein, phosphorus, and fat. Originating from various regions and cultures, the diversity in cheese types - from Cheddar to Brie, Mozzarella to Roquefort - is as rich as its history. This diverse palate ensures that cheese finds its place in various cuisines, from being a primary ingredient in gourmet dishes to a simple sandwich spread.

One of the primary accelerators of the global cheese market growth is the shifting gastronomic preferences of the global populace. The globalisation of food trends, facilitated by travel and digital media, has resulted in a global appreciation for cheese-centric dishes like pizzas, pastas, fondues, and cheeseburgers. As these dishes make regular appearances on dining tables worldwide, the demand for cheese continues to soar.

The health and nutrition sector further boosts the cheese market demand. As consumers become more health-conscious, there's an increasing recognition of cheese as a rich protein source. Fitness enthusiasts and bodybuilders often include cheese in their diet for muscle building and repair, thanks to the slow-digesting protein, casein, that it offers.

Beyond culinary uses, cheese also finds applications in various industrial sectors, reminiscent of the diverse uses of its primary protein, casein. In the world of processed foods, cheese acts as a flavour enhancer, texture agent, and primary ingredient in many snacks and convenience foods. Cheese's melting and stretching properties, especially varieties like mozzarella, make it indispensable in the fast-food industry.

Furthermore, the convenience of modern retail, including e-commerce platforms, provides easy access to a diverse range of cheeses, previously limited to specific regions, thus positively impacting the cheese market outlook. A consumer in Asia can now effortlessly relish a European artisanal cheese, thanks to global distribution networks and efficient supply chains.

Market Segmentation

The market can be divided based on source, type, product, distribution channel, format, and region.

Market Breakup by Source

  • Cow Milk
  • Buffalo Milk
  • Goat Milk
  • Others

Market Breakup by Type

  • Natural
  • Processed

Market Breakup by Product

  • Mozzarella
  • Cheddar
  • Feta
  • Parmesan
  • Roquefort
  • Others

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Speciality Stores
  • Online
  • Others

Market Breakup by Format

  • Slices
  • Diced/Cubes
  • Shredded
  • Blocks
  • Spreads
  • Liquid
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global cheese market. Some of the major players explored in the report are as follows:
  • Nestle SA
  • Danone S.A.
  • Dean Foods Co.
  • Lactalis International
  • Fonterra Co-operative Group
  • Royal FrieslandCampina N.V.
  • Arla Foods amba
  • Others

Table of Contents

1 Preface2 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

Companies Mentioned

  • Nestle SA
  • Danone S.A.
  • Dean Foods Co. Lactalis International
  • Fonterra Co-operative Group
  • Royal FrieslandCampina N.V.
  • Arla Foods amba

Methodology

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