Global Cheese Market Size, Forecasts, And Opportunities – Includes Cheese Market Forecast
Learn about the global cheese market through The Business Research Company, which provides information on cheese market size, cheese market drivers and restraints, cheese market players, the COVID-19 impact on the cheese market, and more.
The global cheese market size is expected to grow from $192.81 billion in 2021 to $211.02 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. The global cheese market size is expected to grow to $289.57 billion in 2026 at a CAGR of 8.2%.
The growing demand for organic products such as cheese offers considerable opportunities for dairy products producers in both developed and developing countries, thus likely to drive the cheese manufacturing industry market during the forecast period.
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The cheese market consists of sales of cheese by entities (organizations, sole traders, and partnerships) that produce cheese products (except cottage cheese) from raw milk and/or processed milk products, and cheese substitutes from soybean and other non-dairy substances. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments.
Global Cheese Market Segments Include:
By Type: Natural Cheese, Processed Cheese
By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others
By Source: Cow Milk, Sheep Milk, Goat Milk, Buffalo Milk
By Product: Mozzarella, Cheddar, Feta, Parmesan, Roquefort, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the cheese market in 2021.
The internet of things (IoT) technology is increasingly being used to track dairy products and ensure safe product handling. IoT technology consists of a network of devices, vehicles, or other items that continuously exchange data and provide insights into a process or system. This technology is being used to track ingredients being used in products. Equipment connected to the internet in trucks and storage coolers can be used to monitor dairy products and tag them with environmental conditions like temperature or location that provide information about safe product handling during transportation.
TBRC’s cheese market report covers:
Major Market Players: 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, and Land O’Lakes Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Cheese Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides cheese market overviews, analyzes and forecasts market size, share, cheese market players, cheese market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s cheese market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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