Cheese Market by Source (Cow Milk, Goat Milk, Sheep Milk, Buffalo Milk, and Plant Based Milk), by Type (Fresh Cheese, Aged Cheese, Hard Cheese, Blue Cheese, Soft & Semi-soft Cheese, and Flavour-added Cheese), by Product (Mozzarella, Feta, Cheddar, Parmesan, Roquefort, and Others), and by Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, and Others) – Global Opportunity Analysis and Industry Forecast 2023-2030

Cheese Market

Industry:  Food & Beverages | Publish Date: Sep 2023 | No of Pages:  N/A | No. Tables:  N/A | No. Figures:  N/A

Market Definition

The global Cheese Market was valued at USD 84.26 billion in 2022 and is predicted to reach USD 123.37 billion by 2030, registering a CAGR of 4.6% from 2023 to 2030. Cheese is a dairy product that is highly nutritious and delicious, derived from the milk of cows, buffaloes, goats, and sheep. Cheese comes in a wide variety that includes variations in taste, texture, and aroma.

Cheeses are made using different methods and aged for different lengths of time, which affects their flavor. In addition to traditional dairy sources, cheese can also be made from plant-based milk, such as soy milk, almond milk, and coconut milk among others. This makes cheese a lactose-free option for people who are intolerant to lactose.

The production of cheese is influenced by various conditions such as climate, raw materials, and milk type that affect its taste and quality. Cheese is rich in nutrients such as protein, minerals, fat, and calcium that offer certain health benefits such as stronger teeth & bones, and a healthy heart along with the prevention of osteoporosis. 

Market Dynamics and Trends

Increasing demand from the food industry along with developing food trends around various cheese food items including pizza, burgers, and pasta are driving the cheese market growth. Also, easy and affordable prices of cheese along with the enhanced shelf-life of the product and unique flavor profile of gorgonzola, Roquefort, and stilton cheese are expected to further propel the growth of the cheese market.

Moreover, the rise in the number of internet users along with the upsurge of e-commerce, for the purchase of food items including cheese on platforms such as Amazon and Walmart, is further expected to drive the growth of the cheese market. Furthermore, the development of easy storage capacity paired with technological advancements in the cheese industry such as supercooling technology and ultrafiltration & microfiltration to standardize the protein content of cheese boosts the market growth.

However, increasing health concerns such as obesity and high cholesterol due to the consumption of cheese among people owing to increased additives in cheese products are factors that are expected to restrain the growth of the cheese market during the forecast period. On the contrary, the introduction of innovative products such as low-cholesterol and low-fat products is expected to create ample growth opportunities for the market in the coming years.


Market Segmentations and Scope of the Study

The cheese market is segmented on the basis of source, type, product, distribution channel, and geography. On the basis of sources, the market is divided into cow milk, goat milk, sheep milk, buffalo milk, and plant-based. On the basis of type, the market is classified into fresh cheese, aged cheese, hard cheese, blue cheese, soft & semi-soft cheese, and flavor-added cheese.

On the basis of product, the market is categorized into mozzarella, feta, cheddar, parmesan, Roquefort, and others. On the basis of distribution channel, the market is segmented into hypermarkets & supermarkets, convenience stores, specialty stores, and others. Regional breakdown and analysis of each of the aforesaid segments include regions comprising North America, Europe, Asia-Pacific, and RoW.  


Geographical Analysis

North America holds the predominant share of the cheese market in 2022 and is expected to continue its dominance during the forecast period. This is attributed to factors such as an increase in demand for sustainable production and clean-label dairy products that are free from artificial ingredients such as artificial colors, flavors, and preservatives.

Also, the changing consumer preferences demanding natural, healthier, and safer cheese items such as cheddar, mozzarella, and blue cheese drive the market growth. Moreover, growing demand for lactose-free, non-GMO (genetically modified organisms) and plant-based cheese brands such as Miyoko’s Creamery, Daiya Foods, and Violife are expected to propel the cheese market growth in the region.

Furthermore, the presence and expansion of prominent players such as Saputo Inc., Dairy Farmers of America, and Leprino Foods, which are adopting expansion and acquisition business strategies, are boosting the market growth. For instance, in May 2021, Saputo Inc. acquired Bute Island Foods to enhance the growth of dairy alternatives and value-added ingredients segments that include milk powder and butter along with lactose-free cheese and cheddar cheese.

Europe is expected to show a steady rise in the cheese market, as people in cold regions tend to consume more cheese because of its high protein content. According to the UN Food and Agriculture Organization (FAO), European countries have the highest cheese consumption rate across the world, where Denmark is on the top with 28.1 kg of cheese consumption per capita. The second highest consumer is Iceland, followed by Finland at 27.7 kg and 27.3 kg of cheese consumption per capita respectively. Whereas, France follows closely at 27.2 kilograms of cheese per capita.

In addition, the rapid growth in the fast-food industry along with the flourishing cheese food items such as poutine, pizza, Mac and cheese, quesadilla, and others drive the market growth. Moreover, an increase in the demand for cheese powder that enhances the flavor of food at the time of dressing on salads, vegetables, fish, and others, fuels the growth of the cheese market in this region.


Competitive Landscape

The cheese industry comprises various market players such as The Kraft Heinz Company, Nestlé S.A., Arla Foods Group, Fonterra Co-operative Group Limited, Savencia Fromage & Dairy, Britannia Industries, FrieslandCampina, Dairy Farmers of America, Saputo Inc. and GCMMF (Amul) among others.

These market players are adopting various business strategies, including joint ventures and investments across various regions to maintain their dominance in the cheese market. For instance, in May 2022, FrieslandCampina announced to invest USD 3.2 million in the new yellow cheese production line in Romania. The line is expected to produce 8,000 tonnes of cheese and butter per year.  In addition, in July 2021, The Kraft Heinz Company teamed up with Van Leeuwen Ice Cream to launch a limited-edition cheese-flavored ice cream across the U.S. for summer.

Key Benefits

  • The cheese market report provides a quantitative analysis of the current market and estimations throughout 2023-2030 that assists in identifying the prevailing market opportunities to capitalize on.

  • The study comprises a deep dive analysis of the current and future cheese market trends, for depicting the prevalent investment pockets in the industry.

  • The information related to key drivers, restraints, and opportunities and their impact on the cheese market is provided in the report.

  • The competitive analysis of the market players along with their market share in the cheese industry is provided in the report.

  • The SWOT analysis and Porter’s Five Forces model is elaborated on in the study.

  • Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.

Cheese Market Key Segments

By Sources

  • Cow Milk

  • Goat Milk

  • Sheep Milk

  • Buffalo Milk 

  • Plant-based Milk

By Type

  • Fresh Cheese

  • Aged Cheese

  • Hard Cheese

  • Blue Cheese  

  • Soft & Semi-soft Cheese

  • Flavor-added Cheese

By Product

  • Mozzarella

  • Feta

  • Cheddar

  • Parmesan

  • Roquefort

  • Others

By Distribution Channel

  • Hypermarkets & Supermarkets

  • Convenience Stores

  • Specialty Stores

  • Others

By Region

  • North America

    • The U.S.

    • Canada

    • Mexico

  • Europe

    • The UK

    • Germany

    • France

    • Italy

    • Spain

    • Denmark        

    • Netherlands        

    • Finland        

    • Sweden        

    • Norway        

    • Russia        

    • Rest of Europe 

  • Asia-Pacific

    • China

    • India

    • Japan

    • South Korea

    • Australia

    • Indonesia

    • Singapore

    • Taiwan

    • Thailand

    • Rest of Asia Pacific 

  • RoW

    • Latin America

    • Middle East

    • Africa




Market Size in 2022

USD 84.26 Billion

Revenue Forecast in 2030

USD 123.37 Billion

Growth Rate

CAGR of 4.6% from 2023 to 2030

Analysis Period


Base Year Considered


Forecast Period


Market Size Estimation

Billion (USD)

Growth Factors

Increasing demand from the food industry along with developing food trends around various cheese food.

Rise in the number of internet users along with the upsurge of e-commerce, for the purchase of food items including cheese.

Growing development of easy storage capacity paired with technological advancements in the cheese industry.

Countries Covered


Companies Profiled


Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent to up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.



  • The Kraft Heinz Company

  • Nestlé S.A. 

  • Arla Foods Group

  • Fonterra Co-operative Group Limited

  • Savencia Fromage & Dairy

  • Britannia Industries 

  • FrieslandCampina

  • Dairy Farmers of America

  • Saputo Inc. 

  • GCMMF (Amul)

Frequently Asked Questions
What was the size of the cheese market in 2022?

The cheese market was valued at USD 84.26 billion in 2022.

What is the projected market size for the cheese market by 2030?

The CGMS market is predicted to reach USD 123.37 billion by 2030.

Are there any sustainability initiatives in the cheese industry?

Yes, some cheese producers are adopting sustainable practices in dairy farming, packaging, and transportation to reduce their environmental footprint.

What are the main types of cheese available in the market?

There are numerous cheese varieties including cheddar, mozzarella, parmesan, Swiss, gouda, and blue cheese.

Which are the top five players in cheese market?

The top five players in cheese market are The Kraft Heinz Company, Nestlé S.A., Arla Foods Group, Fonterra Co-operative Group Limited, Savencia Fromage & Dairy.