Cheese Market Scope, Growth Opportunities, Leading Players, Industry Analysis, and Forecast to 2026

Cheese market scope, growth opportunities, leading players, industry analysis and forecast to 2026

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Demand for fast food and fast food is driving the growth of cheese powder, and rising demand from developing regions is likely to continue to boost demand in the near future.

The global cheese market the size is estimated at USD 88.7 billion in 2021 and is expected to reach USD 105.9 billion in 2026, with a CAGR of 3.6% during the forecast period. The global cheese market is witnessing a growth trend due to factors such as developing economies, easy availability of cheese products, and growth in consumption of dairy products. Cheese and cheese powder have various applications in the food industry, such as bakery & confectionery; snacks and cereals; convenience food; and soups, sauces and dips.

Cheese market

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Key players are investing in various R&D initiatives globally, which has led to the development of diverse and innovative cheese products. The key players in this market include Glanbia (Ireland), Saputo (Canada), Arla Foods (UK), BEL Group (France), Fonterra (New Zealand), FrieslandCampina (Netherlands), Dalter Alimentari Spa (Italy), The Kraft Heinz Company ( USA), Amul (India), DMK Deutsches Milchkontor GmbH (Germany) and Meiji Holdings (Japan).

Arla Foods (UK), Arla Foods is a cooperative company that works with the production of dairy products. The company is owned by 9,406 farmers with over 1.5 million cows at their disposal. It manages its business through four segments – Europe, International, Arla Foods Ingredients and Global Industrial Sales and Other Sales. Cheese products are offered throughout Europe, international and global industrial sales and other sales. The company offers cheese products through smaller brands – Arla, Puck, Apetina and Castello.

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Glanbia (Ireland) is a global nutrition company engaged in the manufacture and sale of nutritional products. The company consists of performance and lifestyle nutrition brands, nutritional solutions and dairy joint ventures. Glanbia operates through two major business segments – Glanbia Performance Nutrition and Glanbia Nutritionals. Cheese products are offered under the Glanbia Nutritionals segment.

Conventional cheese is available in several varieties and styles made to meet global consumer demand. Conventional cheese products have been around for a long time; thus the market for the same is considered saturated. However, more recently, with the advent of organic products, there has been a debate about the effectiveness and safety of conventionally produced cheese. Conventional dairy cows raised in large-scale farming operations are treated with antibiotics to prevent disease. A study published by the Stanford University School of Medicine in October 2014 shows that this increased antibiotic use can spread Salmonella bacteria among cows and livestock.

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In the United States, the FDA is responsible for direct inspection coverage of all non-Class A products shipped in interstate commerce, which includes milk and milk products, butter, dried milk products, cheese and cheese products, ice cream and related products (frozen desserts), and condensed milk & milk products. State and local regulatory agencies are responsible for enforcing sanitation requirements on dairy farms, in processing facilities, dry milk facilities, and receiving and transfer stations.

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In 2020, Europe accounted for a 43.7% market share of the global cheese market. The European cheese market is led by the German market. Germany is engaged in the production of most types of cheese, including hard cheese, semi-hard cheese, semi-soft cheese, soft cheese and cream cheese. The high volume of cheese production and consumption can be attributed to the various uses of cheese in prepared foods, dips, dressings and bakery products, which make up a large part of German cuisine.

Related reports:

Cheese ingredient market by cheese type (natural (cheddar, parmesan, mozzarella, gouda), processed), ingredient (milk (fresh milk, powdered milk, milk cream), cultures, enzymes (rennet, lipase), additives) and region – global forecast to 2022

Cheese powder market By Type (Cheddar, Mozzarella, Parmesan, American & Blue), Application (Bakery & Confectionery, Sweet & Savory Snacks, Sauces, Dressings, Dips & Condiments & Condiments) and Region – Global Forecast to 2022

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