The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Cheese Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Cheese Industry (2025-2030):

According to the latest report, The 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. The report demonstrates the prominent factors propelling the exponential growth of the Cheese industry.

Key Takeaways: Beneficial for Stakeholders and Clients:

• Historical Data: 2020-23
• Base Year: 2024
• Forecast Period: 2025-30
• CAGR – 4.28%
• Market Value 2030: USD 225.42 Billion
• Market Value in 2024: USD 168.11 Billion

What are the major Driver the global Cheese industry?

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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Cheese Market Segmentation

The Cheese Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

• 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)
• 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)
• 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)
•  By Region
• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

As per the regional aspect, the Cheese Market is expected to be dominated by North America by capturing the potential market share.

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Top Companies in the Cheese Market

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

Cheese Industry Recent Development:

April 2024: Crystal Farms Dairy Co. unveiled 10 fresh offerings in the cheese aisle with a concentration on daring taste profiles such as extraordinary shredded mixtures and Ghost Pepper, along with wholesome quick bites including Gouda Snack Cubes.

March 2024: Kraft Natural Cheese, a global dairy brand, launched Kraft Signature Shreds. This new product innovation offers consumers a restaurant-style, thick-cut, unique, natural shredded cheese to elevate their homemade meals with satisfying flavor.

Why Markntel Advisors Report?

Well-known business Prospects: Our accurate analysis market research report serves as a treasure map for discovering potential markets and novel product avenues. Additionally, it facilitates comprehensive comparisons of products and services.

Thoughtful Customer Insights: A market report provides the marketing department with an in-depth understanding of customer requirements and desires. This information is bound to enhance products, adjust pricing, and refine advertising strategies.

Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.

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