The cheese global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Cheese Market, 2024 report by The Business Research Company offers
comprehensive insights into the current state of the market and highlights
future growth opportunities.
Market Size -
The cheese market size has grown strongly in recent years. It will grow from
$274.36 billion in 2023 to $296.99 billion in 2024 at a compound annual growth
rate (CAGR) of 8.2%. The growth in the historic period can be attributed to
dairy farming, culinary tradition, global cheese production, global export and
trade, marketing and branding.
The cheese market size is expected to see strong growth in the next few years.
It will grow to $402.81 billion in 2028 at a compound annual growth rate (CAGR)
of 7.9%. The growth in the forecast period can be attributed to
health-conscious consumer preferences, sustainability and ethical cheese
production, artisan and specialty cheeses, digital marketing and e-commerce,
global market expansion. Major trends in the forecast period include
plant-based and vegan cheeses, aged and artisan cheese, cheese pairing and
tasting events, clean label and natural cheeses, cheese boards and charcuterie.
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Scope Of Cheese Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Cheese Market Overview
Market Drivers -
The increasing demand for local, sustainable, and organic food production is
expected to positively impact the cheese manufacturing market during the forecast
period. Organic food production, including organic dairy products, places a
strong emphasis on consumer health, environmental protection, and animal
welfare. Consumers are now becoming more concerned with how food is raised and
prepared and are willing to pay a little more for something they recognize as
healthy. Across Europe, there is a very high import rate (especially for fruits
and vegetables), as the rate of production is far lower than the consumer
demand for organic produce. For instance, the Organic Trade Organisation, a
US-based trade association that represents over 9,500 organic enterprises,
reported in June 2022 that organic sales climbed by 2% between the years 2020
and 2021, topping $ 63 billion in comparison to prior years. Furthermore,
through 2021, sales of organic dairy products and eggs remained fairly stable,
but they still outperformed 2019 sales by roughly 11%. This growing demand for
organic products such as cheese offers considerable opportunities for dairy
products producers in both developed and developing countries, which is likely
to drive the cheese manufacturing industry market during the forecast period.
Market Trends -
The internet of things (IoT) technology is increasingly being used to track
dairy products and ensure safe product handling. IoT technology consists of a
network of devices, vehicles, or other items that continuously exchange data
and provide insights into a process or system. This technology is being used to
track ingredients being used in products. Equipment connected to the internet
in trucks and storage coolers can be used to monitor dairy products and tag
them with environmental conditions like temperature or location that provide
information about safe product handling during transportation. For instance,
the Chinese government implemented the National Food Quality Safety
Traceability Platform, using IoT technology to improve the quality and safety
of food production supply chains.
The cheese market covered in this report is segmented –
1) By Type: Natural Cheese, Processed Cheese
2) By Product: Mozzarella, Cheddar, Feta, Parmesan, Roquefort, Other Products
3) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores,
E-Commerce, Other Distribution Channels
Subsegments Covered: Cow Milk, Sheep Milk, Goat Milk, Buffalo Milk
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Regional Insights -
Asia-Pacific was the largest region in the cheese market in 2023. North America
was the second-largest region in the cheese market. The regions covered in the
cheese market report include Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East, Africa.
Key Companies -
Major companies operating in the cheese market include Groupe Lactalis S.A.,
Saputo Inc, The Kraft Heinz Company, Fonterra Group Cooperative Limited, Arla
Foods amba, Savencia Fromage & Dairy, Frieslandcampina, Alfa SA.B. de C.V.,
Agropur cooperative, Land O'Lakes Inc., Dairy Farmers of America Inc., Bel
Group, Sargento Foods Inc., Tillamook County Creamery Association, Cabot
Creamery, Leprino Foods Company, Emmi Group, Glanbia plc, Murray's Cheese,
Cowgirl Creamery, Cypress Grove Chevre Inc., Darigold Inc., DCI Cheese Company,
Gossner Foods, Groupe Bel, Marin French Cheese Co., Kraft Foods Group Inc.,
Alouette Cheese USA LLC, Organic Valley, Sartori Company, Schreiber Foods Inc.,
Swiss Valley Farms.
Table of Contents
1. Executive Summary
2. Cheese Market Report Structure
3. Cheese Market Trends And Strategies
4. Cheese Market – Macro Economic Scenario
5. Cheese Market Size And Growth
…..
27. Cheese Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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