Global Cheese Market Research Report – Forecast to 2023

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Increasing demand for high-protein dairy products is facilitating the growth of global cheese market in the global platform. Some of the commonly consumed variety include mozzarella, cheddar, feta, blue cheese and others.

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Description

Market Scenario
Increasing demand for high-protein dairy products is facilitating the growth of global cheese market in the global platform. Some of the commonly consumed variety include mozzarella, cheddar, feta, blue cheese and others. Cheese varieties are segregated based on the processing techniques and ageing period. Owing to the high production and consumption of cheese in major European countries, Europe dominates the cheese market with a major share in the global market.
Diverse applications of cheese and a wide variety available throughout the globe are major drivers of the cheese market. Product promotions and strong performance of the retail sector also have a positive impact on the growth of this market. Product innovation resulting in new product development and broad pricing band attract mass consumers’ attention towards the product offerings.
Regional Analysis
As per MRFR analysis, Europe had been dominting the global cheese market with a share of 57.11% in 2017 followed by North America. Europe is anticipated to witness the highest CAGR of 4.63% during the forecast period. Asia Pacific and RoW are projected to witness a moderate growth rate during the assessment period.
Segments
Cheese market, by source has been segmented into goat milk, sheep milk, whole cow milk, skimmed cow milk, buffalo milk, others. On the basis of type, the market is segmented into fresh, aged-fresh, soft white, semi-soft, hard, flavored, others. On the basis of product-type, the market is segmented as cheddar, mozzarella, parmesan, American, blue, others. On the basis of application, the market is segmented as cheese processing, cheese spreads, cheese dips, fast food snacks, alcohol accompaniments, bakery foods, processed foods, savory snacks, and others.
Key Players
The leading players in the global cheese market are Land O’Lakes, Inc. (U.S.), Kerry Group PLC (Ireland), Lactosan A/S (Denmark), Arla Foods (Denmark), Aarkay Food Products Ltd (India). Dairiconcepts L.P. (U.S.), Kanegrade Limited (U.K.), The Kraft Heinz Co. (U.S.), Royal FrieslandCampina N.V. (Netherlands), and Dairy Farmers of America Inc. (U.S.) are among others.

Target Audience

Cheese manufacturers
Bakery Industry
Fast Foods manufacturing industry
Cheese processing industries
Retailers and wholesalers
Traders, importers and exporters

Key Findings
The global cheese market is projected to reach 29,398.75 kilo tons by 2023 of 3.90%.
Whole cow milk continues to dominate the cheese source segment with more than 65% market share.
Fresh cheese will continue to dominate the cheese market with more than 20% market share; projected to expand at a CAGR of 5.01% by 2023.
Cheddar cheese will dominate the cheese product-types holding a major share in the cheese market; expanding at a CAGR of 5.40%.
Application of cheese in fast food snacks will hold a major share; will witness a growth rate of 4.73%.
Regional and Country Analysis of Cheese Market Development and Demand Forecast to 2023 Market
As per MRFR analysis, the global cheese market is expected to reach 29,398.8 kilo tons by the end of the year 2023 at a CAGR of 3.90% during the forecast period. Europe is projected to dominate with a market share of 57.11% in 2017. Additionally, Europe is also anticipated to witness the highest CAGR during the forecast period.

The reports also cover country-level analysis of:

North America
• US
• Canada
Europe
• Germany
• France
• Italy
• Netherlands
• Poland
• Rest of Europe
Asia Pacific
• Australia
• New Zealand
• China
• Iran
• Others
RoW
• Argentina
• Brazil
• Egypt
• Saudi Arabia
• South Africa
• Turkey

1 Executive Summary
2 Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market Structure
3 Research Methodology
3.1 Introduction
3.2 Primary Research
4 Secondary Research
5 Market Dynamics
5.1 Introduction
5.1.1 Drivers
5.1.1.1 Availability of wide varieties of cheese
5.1.1.2 Wide applications across food industries
5.1.1.3 Increase in demand for cheese in fast foods along with cheese spreads
5.1.2 Restraints
5.1.2.1 Surge in milk prices
5.1.2.2 Mixed cheese demand
5.1.3 Opportunities
5.1.3.1 Innovations in cheese flavors
5.1.3.2 Exports growth
5.1.3.3 Changing consumer’s lifestyle
5.1.4 Challenges
5.1.4.1 Rise in cardiovascular diseases in the population
5.1.4.2 Lower shelf-life due to microbial spoilage
6 Market Trends
6.1 Trends in Supply/Production
6.2 Trends in Demand/Consumption
6.3 Emerging Markets (Supply & Demand)
6.4 Trade (Import-Export) Analysis
6.4.1 Export Analysis
6.4.2 Import Analysis
6.5 Innovations in Product/Process
6.6 Macroeconomic Indicator Analysis for Top 3 Cheese Market
6.6.1 Pestle analysis-u.s.
6.6.2 Pestle Analysis-France
6.6.3 Pestle Analysis- New Zealand
7 Market Factor Analysis
7.1 Introduction
7.2 Value Chain Analysis
7.3 Porter’s Five Forces
7.3.1 Threat of New Entrants
7.3.2 Threat of Substitutes
7.3.3 Bargaining power of Buyers
7.3.4 Bargaining power of Suppliers
7.3.5 Intensity of Rivalry
7.4 Supply Chain Analysis
8 Global Cheese Market Overview
8.1 Global Cheese Market Overview
9 Global Cheese Market-By Source
10 Global Cheese Market-By Type
11 Global Cheese Market-By Product-Type
12 Global Cheese Market-By Application
13 North-America Cheese Market
14 Europe Cheese Market
15 Asia-Pacific Cheese Market
16 Rest of World Cheese Market
17 Competitive Landscape
17.1 Introduction
17.2 New Product Launch
17.3 Business Expansion
17.4 Investment
17.5 Acquisitions
17.6 Merger and Partnership
18 Company Profiles
18.1 Land O’Lakes, Inc. (U.S.)
18.1.1 Overview
18.1.2 Company Snapshot
18.1.3 Product Portfolio
18.2 Kerry Group Plc (Ireland)
18.2.1 Overview
18.2.2 Company Snapshot
18.2.3 Product Portfolio
18.3 Lactosan A/S (Denmark)
18.3.1 Overview
18.3.2 Company Snapshot
18.3.3 Product Portfolio
18.4 Arla Foods (Denmark)
18.4.1 Overview
18.4.2 Company Snapshot
18.4.3 Product Portfolio
18.5 Aarkay Food Products Ltd (India)
18.5.1 Overview
18.5.2 Company Snapshot
18.5.3 Product portfolio
18.6 Dairiconcepts, L.P. (U.S.)
18.6.1 Overview
18.6.2 Company Snapshot
18.6.3 Product Portfolio
18.7 Kanegrade Limited (U.K.)
18.7.1 Overview
18.7.2 Company Snapshot
18.7.3 Product Portfolio
18.8 The Kraft Heinz Co. (U.S.)
18.8.1 Overview
18.8.2 Company Snapshot
18.8.3 Product Portfolio
18.9 FrieslandCampina (Netherlands)
18.9.1 Overview
18.9.2 Company Snapshot
18.9.3 Product Portfolio
18.1 Dairy Farmers of America Inc. (U.S.)
18.10.1 Overview
18.10.2 Company Snapshot
18.10.3 Product Portfolio

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