Cheese Market Overview 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 OverviewAccording 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
- Sheep Milk
- Goat Milk
- Buffalo Milk
Cheese Market, By Type
· 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 OverviewRegion-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 overviewSome 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.
List of Figures
Figure 1: Global Cheese Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Cheese Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Cheese Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Cheese Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Cheese Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Cheese Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Cheese Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Cheese Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Cheese Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Cheese Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Cheese Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Cheese Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Cheese Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Cheese Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Cheese Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Cheese Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Cheese Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Cheese Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Cheese Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Cheese Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Cheese Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Cheese Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Cheese Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Cheese Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Cheese Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Cheese Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Cheese Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Cheese Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Cheese Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Cheese Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Cheese Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Cheese Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Cheese Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Cheese Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Cheese Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Cheese Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Cheese Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Cheese Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Cheese Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Cheese Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Cheese Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Cheese Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Cheese Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Cheese Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Cheese Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Cheese Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Cheese Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Cheese Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Cheese Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Cheese Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Cheese Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Cheese Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Cheese Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Cheese Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Cheese Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Cheese Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Cheese Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Cheese Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Cheese Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Cheese Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Cheese Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Cheese Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Cheese Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Cheese Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Cheese Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Cheese Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Cheese Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Cheese Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Cheese Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Cheese Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Cheese Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Cheese Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Cheese Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Cheese Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Cheese Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Cheese Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Cheese Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Cheese Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Cheese Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Cheese Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Cheese Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Cheese Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Cheese Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Cheese Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Cheese Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Cheese Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Cheese Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Cheese Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Cheese Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Cheese Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Cheese Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Research Process
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
Primary Research
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 Research
Secondary 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 Estimation
Both, 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
