Cheese Market Size, Share, Trends and Growth Report Through 2032
The global cheese market was valued at USD 191.94 billion in 2024 and is expected to expand from USD 199.14 billion in 2025 to USD 283.10 billion by 2032, reflecting a CAGR of 5.15% during the forecast period. Europe led the market in 2023, accounting for 49.13% of global sales.
In the United States, the cheese industry is poised for significant growth, projected to reach USD 62.66 billion by 2032. This expansion is largely driven by the widespread use of cheese in popular fast foods like pizza, sandwiches, and other convenience items.
Rising cheese consumption can be attributed to its versatility, diverse varieties, and increasing acceptance of ethnic cuisines such as Italian and Mexican, which heavily feature cheese in their dishes.
According to the United States Department of Agriculture (USDA), per capita cheese consumption in the U.S. reached 40.2 pounds in 2020, reflecting a slight increase from the previous year. Cheddar and mozzarella remained the most popular varieties.
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Segmentation
Longer Shelf Life and Rising Demand for Natural Cheese Drive Market Growth
The cheese market is segmented into natural and processed cheese. Artisan producers are enhancing the appeal of natural cheese by incorporating herbs, fruits, spices, and nuts for unique flavors. Meanwhile, processed cheese remains highly popular in developing regions such as South America, Asia Pacific, and the Middle East & Africa, driven by its affordability and convenience.
Animal-Based Cheese Dominates Due to Wide Availability and Extended Shelf Life
The market is categorized into animal-based and plant-based cheese. Animal-based cheese, derived from cattle, camel, sheep, and goat milk, is expected to maintain its dominance, supported by innovative packaging and extended shelf life. However, the plant-based segment, including varieties made from cashew, soy, and almond, is gaining traction as consumer interest in dairy alternatives continues to rise.
Mozzarella’s Popularity Fuels Sales Growth
By product type, the market includes feta, cheddar, parmesan, mozzarella, and others. Mozzarella is expected to hold the largest market share due to its widespread use in dishes such as pizza, pasta, risotto, and enchiladas. Its soft texture and versatility make it a preferred choice among consumers worldwide.
Block Cheese Leads the Market Due to Extended Ripening and High Nutritional Value
The market is divided by form into block, spreadable, and others. Block cheese holds the largest market share due to its extended ripening process, higher nutritional value, and availability in both hard and soft varieties. Meanwhile, spreadable cheese is growing in popularity, favored for its ease of use in sandwiches and snacks.
Supermarkets and Hypermarkets Dominate Distribution
The distribution channels for cheese include supermarkets/hypermarkets, specialty stores, online retail, and convenience stores. Supermarkets and hypermarkets lead the segment, offering an extensive product selection and frequently providing free samples to attract customers.
The global cheese market is analyzed across key regions, including Europe, North America, Asia Pacific, South America, and the Middle East & Africa.
Report Coverage
This report provides an in-depth analysis of key growth drivers, restraints, opportunities, and challenges in the cheese market. It also examines regional developments, competitive dynamics, and recent industry advancements, including product launches, strategic partnerships, mergers, and acquisitions.
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Drivers and Restraints
Rising Demand for Plant-Based Cheese Fuels Market Growth
The increasing adoption of veganism and the shift toward plant-based food are key factors driving the growth of the plant-based cheese market. Dairy alternatives made from cashew, soy, almond, and other plant-based ingredients are gaining popularity as consumers seek healthier, sustainable options.
However, potential health risks associated with casein, a protein found in traditional cheese, may act as a restraint to market growth. Casein allergies can trigger issues such as acne, headaches, and inflammation, leading some consumers to avoid dairy-based cheeses.
Regional Insights
Europe to Witness Growth Through Investments and Strategic Partnerships
The European cheese market is expanding due to the increasing consumer preference for organic and non-GMO food products. The region’s retail sector has played a crucial role in promoting these healthier options, further boosting market growth.
In North America, the demand for nutritious and convenient food products is driving market expansion. Changing snack and dessert consumption patterns, particularly among millennials in the U.S., are contributing to the increasing popularity of cheese products.
Competitive Landscape
Product Innovation Key to Gaining Market Advantage
Leading cheese manufacturers are prioritizing new product launches to strengthen their competitive edge. By expanding product portfolios and leveraging diverse distribution channels, companies aim to enhance their market presence and cater to evolving consumer preferences.
List of Key Players Mentioned in the Report:
- The Kraft Heinz Company (U.S.)
- Fonterra Co-operative Group Limited (New Zealand)
- Arla Foods amba (Arla Foods Group) (Germany)
- FrieslandCampina (Netherlands)
- Saputo Inc. (Canada)
- Lactalis Ingredients (France)
- Wensleydale Creamery (U.K.)
- Dairy Farmers of America, Inc. (U.S.)
- SAVENCIA SA (France)
- Norseland Ltd (Tine Group) (U.K.)
Key Industry Development
September 2021: Lactalis Canada introduced two direct-to-consumer platforms, DairyMarketCulinary.ca and Cheeseworld.ca, to enhance the accessibility of its cheese and dairy products. These platforms represent the company’s commitment to directly engaging with consumers and expanding its digital retail presence.
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