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Cheese Market By Nature (Organic Cheese, Conventional Cheese), Product Type
(Mozzarella, Cheddar, Pepper Jack, Parmesan), Source (Dairy-based Cheese, Plant-based
Cheese), Form (Block, Cube, Shreds, Slice, Spread, Powder), Sales Channel (B2B, B2C) &
Region - Forecast 2022 – 2032
March 2022 | REP-IN-242 |
Cheese Market Outlook (2022-2032)
[350 Pages Report] The global cheese market is expected to
reach market valuation of US$ 92 Bn by the year 2022,
accelerating at a CAGR of 3.4% over the forecast period.
Cheese Market Size (2022E)
US$ 92 Bn
Cheese Market Projected Size (2032F)
Cheese Market Value-based CAGR (2022-
Cheese Market Top 3 Countries Market Share
Cheese sales are likely to account for 18% of the global dairy
products market, valued at US$ 490.2 Bn in 2022.
Cheese is a fundamental ingredient used in a wide range of
cuisines, recipes, and goods. Increasing applications of cheese
in the HoReCa sector and for household usage will continue
augmenting the growth in the market over the forecast period.
How Does Cheese Market Historic and
Future Outlook Compare?
Demand for cheese is anticipated to grow at a CAGR of 3.4%, in
comparison to the CAGR of 2.9% registered during 2017 and
Surging demand for milk and dairy products across the globe is
driving product innovations in the cheese market. Although,
lockdown regulations resulted in disruptions in milk and cheese
supply chains as many consumers chose to eat at home.
Cheese sales in restaurants have decreased, while retail sales
have increased. As consumers sought to shield themselves
against COVID, they became more interested in home cooking,
comfort meals, and snacking.