Cheese is a dairy product, derived from milk and produced in a wide range of flavors, textures, and forms by coagulation of the milk protein casein. It gained popularity due to increasing awareness about its health benefits among the global population. The rising use of cheese in regular cooking owing to its nutritional value and delicious taste is opening new growth ways for the global Cheese market.
Cheese has many health benefits and consumption of this food product regularly can help in preventing several health conditions such as osteoporosis and common cancers. Also, cheese is considered a rich source of protein, vitamin B12, and calcium. All these important factors are encouraged the major population to include cheese in their daily diet. This increasing demand has boosted the growth of the global Cheese market. Moreover, cheese is the most favorite food product among children and the elderly population. Hence, the rising popularity of the product is expected to propel the growth of the global Cheese market.
Furthermore, due to busy lifestyles, rapid urbanization, and increased disposable incomes, there is growth in occasions of eating out. As cheese is one of the vital ingredients in several foods categorized under fast food, there is fabulous growth in cheese demand in the current times. Therefore, growing demand has created many ways for new entrants in the cheese market to introduce their products and expand the scope of this market.
Covid-19 Impact on Cheese Market
A pandemic such as COVID-19 has not only affected the smooth operations of food supply chains but also resulted in food insecurity conditions in several nations. Manufacturers working in the sector are facing challenges in regards to operations, supply chain, training, safety, emergency responses, awareness, incident management, recreating business models, digitalization, and other unanticipated impacts. Alcohol, a major component in the beverage industry is facing a devastating effect of a pandemic. Around 13% to 15% of the craft beer sector in the world is in the process of shutting up shop, and the wine industry is in severe distress. Besides, shortage of raw materials caused to shut down of many small to medium food processing companies around the world
Cheese Market Segment Overview
According to Product, the Cheddar segment generated the maximum revenue in the global Cheese market. This is because of its harder texture, creamier and sharp taste, and longer shelf life. Additionally, the price of cheddar cheese is low as compared to that of other cheese like mozzarella cheese, which makes cheddar cheese more affordable. Similarly, the cheddar cheese is available in single slices wrapped in plastic, cheese spray, cheese spread, squeeze tube, and various other packaging options, which have created numerous opportunities for the growth of the market. By distribution channel, food specialty stores created the highest revenue in the market. There has been a higher demand for traditional food, which has led to increased growth of food specialty stores.
Cheese Market, By Source
- Cow Milk
- Whole Milk
- Skimmed Milk
- Sheep Milk
- Goat Milk
- Buffalo Milk
· Natural Cheese
· Hard Cheese
· Soft Cheese
· Processed Cheese
· Spreadable Cheese
· Block Cheese
Cheese Market, By Product
· Mozzarella
· Cheddar
· Feta
· Parmesan
· Roquefort
· Others
Cheese Market, By Distribution Channel
· Hypermarkets
· Supermarkets
· Food Specialty Stores
· Convenience Stores
· Others
Cheese Market Regional Overview
Region-wise, Europe is one of the significant regions for the global Cheese market. The region has shown the highest demand in recent years. Increased cases of health issues among the population and rising awareness about the health benefits of cheese have enhanced the demand for unprocessed cheese. On the other hand, the cheese market shows hopeful opportunities for growth in North America owing to the presence of advanced countries in this region. Also, the Asia Pacific is expected to register the fastest growth during the forecast period. Main factors such as growing disposal income and purchasing power, rising awareness about health, and popularity of traditional food are escalating the growth of the market in this region.
Cheese Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Cheese Market Competitor overview
Some key developments and strategies adopted by manufacturers in Cheese are highlighted below.
· In March 2021, Food & beverage manufacturing giant Almarai has acquired the UAE and Bahrain operations of Bakemart – a producer of baked and packaged products – for a sum of $25 million. Merger & acquisition (M&A) specialists Maven Investment Partners supported Almarai through the transaction.
Cheese Market, Key Players
· Mondelez International Group (earlier Kraft)
· Fonterra Co-operative Group Ltd.
· Bongrain S.A.
· Alra Foods Inc.
· Saputo Inc
· Fromageries Bel S.A.
· GCMMF- Amul
· Almarai Company Ltd.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Cheese Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Source
- 5.2.1. Cow Milk
- 5.2.1.1. Whole Milk
- 5.2.1.2. Skimmed Milk
- 5.2.2. Sheep Milk
- 5.2.3. Goat Milk
- 5.2.4. Buffalo Milk
- 5.2.1. Cow Milk
- 5.3. Market Analysis, Insights and Forecast – By Type
- 5.3.1. Natural Cheese
- 5.3.2. Hard Cheese
- 5.3.3. Soft Cheese
- 5.3.4. Processed Cheese
- 5.3.5. Spreadable Cheese
- 5.3.6. Block Cheese
- 5.4. Market Analysis, Insights and Forecast – By Product
- 5.4.1. Mozzarella
- 5.4.2. Cheddar
- 5.4.3. Feta
- 5.4.4. Parmesan
- 5.4.5. Roquefort
- 5.4.6. Others
- 5.5. Market Analysis, Insights and Forecast – By Distribution Channel
- 5.5.1. Hypermarkets
- 5.5.2. Supermarkets
- 5.5.3. Food Specialty Stores
- 5.5.4. Convenience Stores
- 5.5.5. Others
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America Cheese Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Source
- 6.2.1. Cow Milk
- 6.2.1.1. Whole Milk
- 6.2.1.2. Skimmed Milk
- 6.2.2. Sheep Milk
- 6.2.3. Goat Milk
- 6.2.4. Buffalo Milk
- 6.2.1. Cow Milk
- 6.3. Market Analysis, Insights and Forecast – By Type
- 6.3.1. Natural Cheese
- 6.3.2. Hard Cheese
- 6.3.3. Soft Cheese
- 6.3.4. Processed Cheese
- 6.3.5. Spreadable Cheese
- 6.3.6. Block Cheese
- 6.4. Market Analysis, Insights and Forecast – By Product
- 6.4.1. Mozzarella
- 6.4.2. Cheddar
- 6.4.3. Feta
- 6.4.4. Parmesan
- 6.4.5. Roquefort
- 6.4.6. Others
- 6.5. Market Analysis, Insights and Forecast – By Distribution Channel
- 6.5.1. Hypermarkets
- 6.5.2. Supermarkets
- 6.5.3. Food Specialty Stores
- 6.5.4. Convenience Stores
- 6.5.5. Others
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Cheese Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Source
- 7.2.1. Cow Milk
- 7.2.1.1. Whole Milk
- 7.2.1.2. Skimmed Milk
- 7.2.2. Sheep Milk
- 7.2.3. Goat Milk
- 7.2.4. Buffalo Milk
- 7.2.1. Cow Milk
- 7.3. Market Analysis, Insights and Forecast – By Type
- 7.3.1. Natural Cheese
- 7.3.2. Hard Cheese
- 7.3.3. Soft Cheese
- 7.3.4. Processed Cheese
- 7.3.5. Spreadable Cheese
- 7.3.6. Block Cheese
- 7.4. Market Analysis, Insights and Forecast – By Product
- 7.4.1. Mozzarella
- 7.4.2. Cheddar
- 7.4.3. Feta
- 7.4.4. Parmesan
- 7.4.5. Roquefort
- 7.4.6. Others
- 7.5. Market Analysis, Insights and Forecast – By Distribution Channel
- 7.5.1. Hypermarkets
- 7.5.2. Supermarkets
- 7.5.3. Food Specialty Stores
- 7.5.4. Convenience Stores
- 7.5.5. Others
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Cheese Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Source
- 8.2.1. Cow Milk
- 8.2.1.1. Whole Milk
- 8.2.1.2. Skimmed Milk
- 8.2.2. Sheep Milk
- 8.2.3. Goat Milk
- 8.2.4. Buffalo Milk
- 8.2.1. Cow Milk
- 8.3. Market Analysis, Insights and Forecast – By Type
- 8.3.1. Natural Cheese
- 8.3.2. Hard Cheese
- 8.3.3. Soft Cheese
- 8.3.4. Processed Cheese
- 8.3.5. Spreadable Cheese
- 8.3.6. Block Cheese
- 8.4. Market Analysis, Insights and Forecast – By Product
- 8.4.1. Mozzarella
- 8.4.2. Cheddar
- 8.4.3. Feta
- 8.4.4. Parmesan
- 8.4.5. Roquefort
- 8.4.6. Others
- 8.5. Market Analysis, Insights and Forecast – By Distribution Channel
- 8.5.1. Hypermarkets
- 8.5.2. Supermarkets
- 8.5.3. Food Specialty Stores
- 8.5.4. Convenience Stores
- 8.5.5. Others
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Cheese Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Source
- 9.2.1. Cow Milk
- 9.2.1.1. Whole Milk
- 9.2.1.2. Skimmed Milk
- 9.2.2. Sheep Milk
- 9.2.3. Goat Milk
- 9.2.4. Buffalo Milk
- 9.2.1. Cow Milk
- 9.3. Market Analysis, Insights and Forecast – By Type
- 9.3.1. Natural Cheese
- 9.3.2. Hard Cheese
- 9.3.3. Soft Cheese
- 9.3.4. Processed Cheese
- 9.3.5. Spreadable Cheese
- 9.3.6. Block Cheese
- 9.4. Market Analysis, Insights and Forecast – By Product
- 9.4.1. Mozzarella
- 9.4.2. Cheddar
- 9.4.3. Feta
- 9.4.4. Parmesan
- 9.4.5. Roquefort
- 9.4.6. Others
- 9.5. Market Analysis, Insights and Forecast – By Distribution Channel
- 9.5.1. Hypermarkets
- 9.5.2. Supermarkets
- 9.5.3. Food Specialty Stores
- 9.5.4. Convenience Stores
- 9.5.5. Others
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Mondelez International Group (earlier Kraft)
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Fonterra Co-operative Group Ltd.
- 10.6. Bongrain S.A.
- 10.7. Alra Foods Inc.
- 10.8. Saputo Inc
- 10.9. Fromageries Bel S.A.
- 10.10. GCMMF- Amul
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
