The Global Cheese Market size was valued at around USD 168.11 billion in 2024 & isanticipated to reach around USD 225.42 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.28% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.
Global Cheese Market Driver:
Growing Demand for Plant-Based Cheese Driving Market Growth – The market for plant-based cheese has experienced a surge, primarily driven by global consumer interest in plant-based foods. Plant-based options made from soy, almond, cashew, and other ingredients have become increasingly popular as an alternative to traditional dairy products. The rise of veganism and the growing preference for eco-friendly alternatives are major factors contributing to the increasing demand for these products. Additionally, manufacturers of plant-based food offerings are introducing innovative new items at a rapid pace due to this trend towards sustainability, which pushes market growth forward significantly. For instance,
In November 2022, Plan B Foods introduced a vegan cheese line, including slices, catering to both Indian and global cheese market prices. Available in cheddar and classic variants, the range expands to include cheddar, mozzarella, and parmesan blocks, as well as shreds, among other options and is accessible worldwide.
Moreover, in August 2023, Agrocorp International launched HerbY-Cheese, a nut-free, plant-based cheese line within the HerbYvore brand in Singapore. They collaborated with the Singapore Institute of Technology (SIT) to introduce eco-friendly plant protein extraction techniques.
In addition to this, the collaboration enabled the successful commercialization and development of HerbY-Cheese using this technique, which includes dairy-free alternatives to mozzarella, cheddar, and parmesan. Additionally, HerbY-Cheese is commonly available in selected local establishments and for purchase online, catering to consumers looking for nutritious and sustainable dairy alternatives. Hence, the rise in veganism and the launch of more plant-based products in the global cheese industry are expected to augment the size & volume of the fresh world market cheese in the coming years.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Cheese Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Type
- Natural Cheese- Market Size & Forecast 2020-2030, (USD Million)
- Processed Cheese- Market Size & Forecast 2020-2030, (USD Million)
- By Product Type
- Cheddar- Market Size & Forecast 2020-2030, (USD Million)
- Mozzarella- Market Size & Forecast 2020-2030, (USD Million)
- Blue- Market Size & Forecast 2020-2030, (USD Million)
- Parmesan- Market Size & Forecast 2020-2030, (USD Million)
- Feta- Market Size & Forecast 2020-2030, (USD Million)
- Roquefort- Market Size & Forecast 2020-2030, (USD Million)
- Others- Market Size & Forecast 2020-2030, (USD Million)
- Red Leicester- Market Size & Forecast 2020-2030, (USD Million)
- Brie- Market Size & Forecast 2020-2030, (USD Million)
- Emmentaler- Market Size & Forecast 2020-2030, (USD Million)
- Gloucester- Market Size & Forecast 2020-2030, (USD Million)
- Camembert- Market Size & Forecast 2020-2030, (USD Million)
- By Source
- Animal-Based- Market Size & Forecast 2020-2030, (USD Million)
- Cattle- Market Size & Forecast 2020-2030, (USD Million)
- Sheep- Market Size & Forecast 2020-2030, (USD Million)
- Goat- Market Size & Forecast 2020-2030, (USD Million)
- Camel- Market Size & Forecast 2020-2030, (USD Million)
- Plant-Based- Market Size & Forecast 2020-2030, (USD Million)
- Soya- Market Size & Forecast 2020-2030, (USD Million)
- Almond- Market Size & Forecast 2020-2030, (USD Million)
- Cashew- Market Size & Forecast 2020-2030, (USD Million)
- Others- Market Size & Forecast 2020-2030, (USD Million)
- Animal-Based- Market Size & Forecast 2020-2030, (USD Million)
- By Nature
- Organic- Market Size & Forecast 2020-2030, (USD Million)
- Conventional- Market Size & Forecast 2020-2030, (USD Million)
- By Form
- Block- Market Size & Forecast 2020-2030, (USD Million)
- Hard Cheese- Market Size & Forecast 2020-2030, (USD Million)
- Soft Cheese- Market Size & Forecast 2020-2030, (USD Million)
- Spreadable- Market Size & Forecast 2020-2030, (USD Million)
- Cream Cheese- Market Size & Forecast 2020-2030, (USD Million)
- Reconstituted Cheese- Market Size & Forecast 2020-2030, (USD Million)
- Slices- Market Size & Forecast 2020-2030, (USD Million)
- Powder- Market Size & Forecast 2020-2030, (USD Million)
- Diced/Cubes- Market Size & Forecast 2020-2030, (USD Million)
- Shredded- Market Size & Forecast 2020-2030, (USD Million)
- Others- Market Size & Forecast 2020-2030, (USD Million)
- Block- Market Size & Forecast 2020-2030, (USD Million)
- By Application
- Bakery & confectionery- Market Size & Forecast 2020-2030, (USD Million)
- Snacks & cereals- Market Size & Forecast 2020-2030, (USD Million)
- Ready Meals- Market Size & Forecast 2020-2030, (USD Million)
- Sweet & savory snacks- Market Size & Forecast 2020-2030, (USD Million)
- Sauces, dressings, dips, and condiments- Market Size & Forecast 2020-2030, (USD Million)
- Others (Desserts, Creams, Processed Meat & Egg Products, etc.)- Market Size & Forecast 2020-2030, (USD Million)
- By Distribution Channel
- Offline- Market Size & Forecast 2020-2030, (USD Million)
- Supermarkets/Hypermarkets- Market Size & Forecast 2020-2030, (USD Million)
- Specialty Stores- Market Size & Forecast 2020-2030, (USD Million)
- Convenience Stores- Market Size & Forecast 2020-2030, (USD Million)
- Online Retail- Market Size & Forecast 2020-2030, (USD Million)
- Others- Market Size & Forecast 2020-2030, (USD Million)
- Offline- Market Size & Forecast 2020-2030, (USD Million)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Arla Foods, Glanbia, Fonterra, Kraft Natural Cheese, Saputo, Bel Group, Dalter Alimentari Spa, Frieslandcampina, DMK Deutsches Milchkontor Gmbh, Lactalis International, Meiji Holdings, Amul, Crystal Farms Dairy Co., Savencia Sa, Land O’Lakes, and others. are looking forward to strengthening their market positions.
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