Latest Research report on Cheese Market predicts favorable growth and forecast till 2025

Global Cheese Market: Overview

Cheese is one of the most popularly consumed dairy products across the world due to its nutritional value and is formed by the coagulation of casein – a milk protein. Available in a wide range of flavors, aromas, textures, and forms, cheese is either consumed as a standalone food or is used in making a variety of cuisines all over the world.

With changing dietary habits and rise in fast food retail chains, there is a soaring demand for cheese worldwide, especially in developed nations. A large number of quick service restaurants in various regions, particularly in developing countries, are using cheese to endow a creative blend to the regional cuisines. The increasing worldwide consumption of cheese and cheese-based products as healthy dairy staple bodes promising for the growth of the global cheese market over the forecast period.

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Global Cheese Market: Trends

The rapid pace of urbanization and the stellar rise in fast food joints in various regions have boosted the consumption of cheese. Driven by the rising disposable incomes of the consumers in different emerging regions, supermarkets, hypermarkets, and bakeries have witnessed enormous demand for processed cheese. In addition, the growing popularity of cheese as a nutritious dairy product in developing regions has spurred the consumption of cheese in these regions.

On the other hand, a large demand for unprocessed or natural cheese comes from established markets of North America and Europe, such as the U.S., the U.K., and France. The increased inspection efforts by the U.S. FDA in different cheese production facilities have found the instances of cheese contaminated with Listeria, a common source of food poisoning. For instance, the presence of contaminated cheese found in supermarkets has led to recall of some cheese brands from diary manufacturers in the U.S., adversely affecting the production of cheese in some parts of the nation. In addition, the rising health concerns of consumers dining out and the short shelf-life of various dairy products are likely to impede the market growth to an extent.

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Global Cheese Market: Market Potential

Dairy manufacturers and companies are investing in finding innovative methods of cheese production, creating lucrative opportunities for market players. Various local cheese-makers are consistently focused on bring innovations in traditional cheese making techniques to produce a wide variety of cheese that are gaining popularity among consumers. Over the last few years, there has been a spate of competitions, especially in various developed countries, that award innovations in cheese making techniques. As a result, different types of cheese with varied flavors and textures are gaining popularity.

Two Dutch cheese-makers from Waikato in New Zealand have won awards in different categories at the 2017 NZ Champions of Cheese Awards, the most renowned cheese award of the nation. Meyer Gouda Cheese Ltd and Mercer Cheese bagged awards for the best commercial product and in the artisan category respectively. Both the companies specialize in traditional Gouda cheese and won accolades for bringing innovation to their native cheese making traditions.

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Global Cheese Market: Regional Outlook

Europe is a prominent market for the consumption of cheese. The regional market has witnessed the soaring demand for cheese driven by an increased dependence on fast food restaurants. A large part of the population in several European countries are including cheese and cheese-based products in daily diet, which has triggered the consumption of cheese. Different emerging markets in Europe, such as Bulgaria, Ukraine, and Greece, are anticipated to witness a substantial demand for cheese in the coming years.

Asia Pacific is fast emerging as a lucrative market for cheese; the growth is attributed to rising disposable incomes, the growing popularity of dairy products, and fast food chains experimenting with cuisines made of cheese. Furthermore, the dipping profits of many dairy manufacturers in developing countries, most notably China, have led them to majorly venture into the cheese business, positively impacting the global market. The changing eating habits of people in emerging nations, such as India, Japan, and China will stimulate the demand for cheese and cheese-based products.

Global Cheese Market: Competitive Landscape

Companies, especially in emerging and established market, are focusing on developing new cheese products to consolidate their shares across major regions. Major players operating in this market include Alra Foods Inc., Mondelez International Group, Bongrain S.A., Amul, Saputo Inc, Fonterra Co-operative Group Ltd., Almarai Company Ltd., and Fromageries Bel S.A.

The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments

  • Market trends and dynamics

  • Supply and demand chain of the market

  • Market valuation (revenue and/or volume)

  • Key trends/opportunities/challenges

  • Forces defining present and estimated future state of the competitive landscape

  • Technological developments

  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America

  • Latin America

  • Europe

  • Asia Pacific

  • Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments

  • Market trends and dynamics

  • Supply and demand chain of the market

  • Market valuation (revenue and/or volume)

  • Key trends/opportunities/challenges

  • Forces defining present and estimated future state of the competitive landscape

  • Technological developments

  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America

  • Latin America

  • Europe

  • Asia Pacific

  • Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market

  • Recent developments in the market’s competitive landscape

  • Detailed analysis of market segments up to second or third level of segmentation

  • Historical, current, and projected future valuation of the market in terms of revenue and/or volume

  • Key business strategies adopted by influential market vendors

  • Outline of the regulatory framework surrounding and governing numerous aspects of the market

  • Growth opportunities in emerging and established markets

  • Recommendations to market players to stay ahead of the competition

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