Cheese Market
Global Cheese Market Size, Share & Trends Analysis Report by Source (Animal Based, and Plant Based), by Type (Mozzarella Cheese, Cheddar Cheese, Parmesan Cheese, and Others) by Distribution Channel (Supermarkets, Hypermarkets, Convenience Stores, Specialty Stores, and Others) Forecast Period (2022-2028)
The global cheese market is anticipated to grow at a significant CAGR of 7% during the forecast period. Cheese is a time-honored delicacy known for its richness, creaminess, flavour, and satiating properties.. According to World Wildlife Fund Inc. Millions of farmers worldwide tend approximately 270 million dairy cows to produce milk and More than 6 billion people worldwide consume milk and milk products. Fast food consumption, such as pizza, spaghetti, and burgers, has contributed to an increase in demand for mozzarella, parmesan, and cheddar cheese. In the coming years, demand for these items may be fueled by the rapidly evolving foodservice industry and creative meal preparations. Cheese is a good source of protein, calcium, vitamins D.). Additionally, the growing impact of western cuisines and rising disposable incomes, as well as the advent of many flavoured cheese products, including as pepper, garlic, red chilli flakes, and oregano pickle, that appeal to a variety of consumer tastes and preferences worldwide.
Impact of COVID-19 Pandemic on Global Cheese Market
The COVID-19 pandemic had impacted most of the industries in the market. The spread of the virus led most governments across the globe to impose a lockdown that strictly restricted outdoor shopping and shut down most of the supermarkets, hypermarkets and distrupted the supply chain for a while. All this led to a decrease in the demand, and production activities in the Cheese market. It caused market players a resistance in their regular sales. In 2020, According to International Dairy Foods Association survey of more than 40 US dairy executives, 84 percent of respondents said they expect annual revenue growth of 3 percent or higher in the coming three years. In contrast, in 2019, only 35 percent of surveyed dairy executives. According to Food Industry Association, 42% of responding food retailers said supply chain disruptions are likely to negatively impact their businesses.
Segmental Outlook
the global cheese market is segmented on the basis of source, type and applications. On the basis of source, the market is segmented into animal based and plant based. The animal based cheese is expected to have a major maket share due to low cost and easy availibity in the market. On the basis of types, the market is segmented into mozzarella cheese, cheddar cheese, parmesan cheese, and others. Cheddar cheese market is expected to contribute significant market share owing to longer shelf life. By distribution channel, the market is segmented into the supermarkets, hypermarkets, convenience stores, specialty stores, and others. The hypermarket is expected to have a major market share due to the variety availiability of Cheese across the globe.
Global Cheese Market Share by Distribnution Channel, 2021 (%)
The Supermarket Segment Anticipated to Hold the Prominent Share in the Global Cheese Market
The supermarket segment is estimated to dominate the market with a prominent share during the forecast period owing to the declining traditional way shopping consumers more preferred supermarkets, hypermarkets where they can get all products under one roof. Supermarket started home delivery nowadays resulted in more preferred as for working population as it saves time. For an instance, in July 2020, Aldi, a supermarket chain in the U.K., launched a new artisan cheese brand to meet the rising demand for specialty cheese. Lastly, the growing popularity of premium product varieties is anticipated to accelerate the market growth during the forecast period.
Regional Outlooks
The global cheese market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). Asia-Pacific region is augmented to fastest-growing in the cheese market owing to the growth of the working population, adoption of western cuisines in Asian countries, including Japan, China, India, Indonesia, is contributing heftily to the increasing demand for cheese. These countries are highly industrialized, which is expected to increase the demand for advanced cheese followed by Europe is dominating owing to the major milk-producing countries are present. The expanding demand for numerous product kinds across these sectors is fueled by the region's thriving food and restaurant industry.
Global Cheese Market Growth, by Region 2022-2028
The North America Region is Estimated to Grow Fastest in the Global Cheese Market
The North America region is projected to grow fastest during the forecast period. Owing to the rising disposable income and local company expansions, the North American region is the market's fastest-growing region. For instance, A&W, Canada's largest hamburger chain, recently announced its decision to remove processed cheese from all of its restaurant menus in favour of real, high-quality Cheddar cheese made from 100 percent Canadian cow milk, owing to rising demand for natural colours, flavours, and preservatives, as well as a shift in consumer preference for organically produced cheese. Additionally, in June 2020, Ronin Equity Partners, based in the United States, has purchased three specialty cheese companies: Red Apple Cheese, which makes smoked, flavoured, and kosher speciality cheeses; Barron County Cheese, a specialty cheese smoker and co-packer; and Cheese Brothers, an ecommerce specialised cheese company. The combined firm will be an omni-channel and vertically-integrated market leader in smoked, flavoured, and kosher cheese, as well as an independent brand consolidator in the fragmented premium cheese and charcuterie industry in the United States, according to the company.
Market Players Outlook
The major companies serving the global cheese market and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2021, BelGioioso has acquired Polly-O Cheese Brand from Lactalis. The brand is known for its ricotta, mozzarella, and string cheeses.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global cheese market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Cheese Market
• Recovery Scenario of Global Cheese Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. The Kraft Heinz Company
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Fonterra
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Associated Milk Producers Inc.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. BEL Group
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Arla Foods
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Segmentation
4.1. Global Cheese Market by Source
4.1.1. Animal Based
4.1.2. Plant Based
4.2. Global Cheese Market by Type
4.2.1. Mozzarella Cheese
4.2.2. Cheddar Cheese
4.2.3. Parmesan Cheese
4.2.4. Others
4.3. Global Cheese Market by Distribution Channel
4.3.1. Supermarkets
4.3.2. Hypermarkets
4.3.3. Convenience Stores
4.3.4. Specialty Stores
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Aarkay Food Products Ltd
6.2. Amul
6.3. Bega Cheese
6.4. Bletsoe Cheese
6.5. Brunkow Cheese Factory
6.6. Cady Cheese Factory Land O'Lakes Inc.
6.7. Dairy Farmers of America Inc
6.8. Fonterra Co-Operative Group Ltd.
6.9. FrieslandCampina
6.10. Glanbia Kraft and Burnett Dairy
6.11. Hook's Cheese Company
6.12. Kanegrade Limited
6.13. Kerry Group Plc
6.14. Lactalis Group.
6.15. Lactose A/S
6.16. Meiji Holdings
6.17. Milchkontor GmbH
6.18. Mondelez International Group
6.19. Mother Dairy
6.20. Parag Milk Foods
6.21. Saputo
6.22. Savencia SA
1. GLOBAL CHEESE MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
2. GLOBAL ANIMAL BASED CHEESE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL PLANT BASED CHEESE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL CHEESE MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
5. GLOBAL MOZZARELLA CHEESE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL CHEDDAR CHEESE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL PARMESAN CHEESE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL OTHERS CHEESE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL CHEESE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
10. GLOBAL CHEESE MARKET IN SUPERMARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL CHEESE MARKET IN HYPERMARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL CHEESE MARKET IN CONVIENIENCE STORES RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL CHEESE MARKET IN SPECIALITY STORES RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL OTHERS CHEESE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL CHEESE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
16. NORTH AMERICAN CHEESE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. NORTH AMERICAN CHEESE MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
18. NORTH AMERICAN CHEESE MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
19. NORTH AMERICAN CHEESE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
20. EUROPEAN CHEESE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. EUROPEAN CHEESE MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
22. EUROPEAN CHEESE MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
23. EUROPEAN CHEESE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC CHEESE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC CHEESE MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC CHEESE MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC CHEESE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
28. REST OF THE WORLD CHEESE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
29. REST OF THE WORLD CHEESE MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD CHEESE MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
31. REST OF THE WORLD CHEESE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL CHEESE MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL CHEESE MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL CHEESE MARKET, 2022-2028 (%)
4. GLOBAL CHEESE MARKET SHARE BY SOURCE, 2021 VS 2028 (%)
5. GLOBAL ANIMAL BASED CHEESE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL CHEESE MARKET SHARE BY TYPE, 2021 VS 2028 (%)
7. GLOBAL MOZZARELLA CHEESE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL CHEDDAR CHEESE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL PARMESAN CHEESE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL OTHER CHEESE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL CHEESE MARKET SHARE BY DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
12. GLOBAL CHEESE MARKET IN SUPERMARKETS SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL CHEESE MARKET IN HYPERMARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL CHEESE MARKET IN CONVENIENCE STORES SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL CHEESE MARKET IN SPECIALITY STORES SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL OTHERS CHEESE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL CHEESE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. US CHEESE MARKET SIZE, 2021-2028 ($ MILLION)
19. CANADA CHEESE MARKET SIZE, 2021-2028 ($ MILLION)
20. UK CHEESE MARKET SIZE, 2021-2028 ($ MILLION)
21. FRANCE CHEESE MARKET SIZE, 2021-2028 ($ MILLION)
22. GERMANY CHEESE MARKET SIZE, 2021-2028 ($ MILLION)
23. ITALY CHEESE MARKET SIZE, 2021-2028 ($ MILLION)
24. SPAIN CHEESE MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF EUROPE CHEESE MARKET SIZE, 2021-2028 ($ MILLION)
26. INDIA CHEESE MARKET SIZE, 2021-2028 ($ MILLION)
27. CHINA CHEESE MARKET SIZE, 2021-2028 ($ MILLION)
28. JAPAN CHEESE MARKET SIZE, 2021-2028 ($ MILLION)
29. SOUTH KOREA CHEESE MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF ASIA-PACIFIC CHEESE MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF THE WORLD CHEESE MARKET SIZE, 2021-2028 ($ MILLION)
