The new report by Expert Market Research titled, ‘Global Cheese Market Size, Share, Growth, Report and Forecast 2020-2025, gives an in-depth analysis of the global cheese market, assessing the market based on its segments like source, type, product, distribution channel, format, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2015-2025)
- Historical Market Size (2019): USD 70 billion
- Forecast CAGR (2020-2025): 8%
- Forecast Market Size (2025): USD 111 billion
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The cheese market is also expected to witness a healthy growth due to the rising penetration of fast-food restaurants across tier 2 and 3 cities in the emerging countries. The rising efforts by major vendors to deliver creative products are also adding to the demand for cheese; thus, the growing product diversification is expected to aid the market growth in the coming years.
Industry Definition and Major Segments
By source, the global cheese market is divided into:
- Cow Milk
- Buffalo Milk
- Goat Milk
- Others
Based on type, the industry can be bifurcated into:
- Natural
- Processed
On the basis of the product, the industry has been divided into:
- Mozzarella
- Cheddar
- Feta
- Parmesan
- Roquefort
- Others
By distribution channels, the industry is segmented into:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
The major formats of the product in the industry are:
- Slices
- Diced/Cubes
- Shredded
- Blocks
- Spreads
- Liquid
- Others
The major regional markets for cheese are:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Market Trends
Through most of the past decade, natural cheese has been a dominant category of cheese. The phenomenon has also led to the healthy growth of natural cheddar cheese. Much of this rise has been due to two main developments in the natural cheddar cheese category: rising cheese consumption in the foodservice sector and increased consumption as a snacking product. Cheddar cheese consumption by the food services industry has increased during the historical period as new recipes, and cooking patterns become increasingly common worldwide and due to the growing penetration of continental and American cuisines.
Key Market Players
The major players in the market are Nestle SA (SWX: NESN), Danone S.A. (EPA: BN), Dean Foods Co. (OTCMKTS: DFODQ), Lactalis International, Fonterra Co-operative Group (NZE: FCG), Royal FrieslandCampina N.V., and Arla Foods amba, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
Related Reports:
Mascarpone Cheese Market: https://www.expertmarketresearch.com/reports/mascarpone-cheese-market
Ghee Market: https://www.expertmarketresearch.com/reports/ghee-market
Fluid Milk Market: https://www.expertmarketresearch.com/reports/fluid-milk-market
Flavoured Milk Market: https://www.expertmarketresearch.com/reports/flavoured-milk-market
Whole Milk Powder Market: https://www.expertmarketresearch.com/reports/whole-milk-powder-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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