Global cheese market is anticipated to grow at a CAGR of 7.0% during the forecast period (2024–2031). According to World Wildlife Fund Inc., millions of farmers worldwide send approximately 270 million dairy cows to produce milk and more than 6 billion people worldwide consume milk and milk products. The growing demand for fast food, such as pizza, spaghetti, and burgers, has contributed to an increase in demand for mozzarella, parmesan, and cheddar cheese. The market growth is driven by the growing demand for dairy products such as cheese.
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Recent Development
- In January 2023, Emmi Roth, one of the leading providers of specialty cheese, launched new products under its popular brand Roth. The new products include Tomato Basil Havarti and French Onion Havarti. The product launch was primarily to attract more consumers owing to the increasing application of specialty products in fast food, snacks, and others.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered-
o By Source
o By Type
o By Distribution Channel
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Arla Foods Group, BEL Group, Fonterra Co-operative Group Ltd., Royal Friesland Campina N.V., and The Kraft Heinz Company among others.
Key questions addressed by the report
- What is the market’s growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Cheese Market Report Segment
By Source
- Animal-Based
- Plant-Based
By Type
- Mozzarella Cheese
- Cheddar Cheese
- Parmesan Cheese
- Others (American Cheese, Blue Cheese)
By Distribution Channel
- Supermarkets
- Hypermarkets
- Convenience Stores
- Others (Specialty Stores)
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