Global Cheese Market Poised for Robust Growth, Expected to Reach USD 178.5 Billion by 2035 | Future Market Insights, Inc.
Future Market Insights Global and Consulting Pvt. Ltd.
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Future Market Insights Global and Consulting Pvt. Ltd.
The global cheese market is experiencing steady growth due to rising consumer demand for premium, artisanal, and plant-based cheese varieties. Increasing urbanization, changing dietary preferences, and expanding foodservice industries are key drivers. Europe remains the largest producer, while North America and Asia-Pacific witness significant market expansion.
NEWARK, Del, March 10, 2025 (GLOBE NEWSWIRE) -- The global cheese market is projected to reach a valuation of USD 105.5 billion by 2025 and is anticipated to grow at a CAGR of 5.4% over the next decade, reaching USD 178.5 billion by 2035. Rising consumer demand for diverse cheese varieties, coupled with increasing consumption of convenience and processed foods, is driving market expansion. Additionally, the surge in demand for specialty and artisanal cheeses, fueled by evolving taste preferences and premiumization trends, further contributes to the industry's growth.
The expanding popularity of plant-based alternatives is also reshaping the cheese industry. Consumers are increasingly opting for non-dairy cheese products due to health concerns, lactose intolerance, and dietary shifts towards veganism. As a result, manufacturers are innovating with plant-based ingredients, including nut-based and soy-based cheese variants, to cater to this growing demand.
Future Outlook of Cheese Industry and Investment Potential
The cheese industry is set for significant expansion, driven by rising global consumption, health-conscious innovations, and the growing popularity of plant-based alternatives. With a projected market valuation of USD 178.5 billion by 2035, investments in sustainable dairy farming, premium cheese varieties, and plant-based alternatives are expected to yield substantial returns. Emerging markets in Asia-Pacific and Latin America present lucrative opportunities for expansion, while advancements in cheese processing technologies continue to enhance production efficiency and product quality.
Impact of Western Food Trends on Cheese Demand
The increasing influence of Western cuisine worldwide has led to a surge in cheese consumption, particularly in fast food, processed meals, and gourmet dining. Countries in Asia, the Middle East, and Latin America are experiencing rising demand for cheese-infused dishes like burgers, pizzas, and pasta. Additionally, the trend of fusion cuisine is integrating cheese into traditional dishes, further boosting market growth. As urbanization and disposable incomes rise, the demand for ready-to-eat cheese products is expected to escalate, reinforcing the cheese market’s global expansion.
Key Trends Shaping the Cheese Market
Health-Conscious Cheese Innovations: The industry is witnessing a shift toward healthier cheese variants with reduced sodium, lower fat content, and fortified nutritional profiles. This trend is in response to rising consumer awareness of heart health, obesity, and overall wellness.
Plant-Based Cheese Expansion: The increasing adoption of vegan and dairy-free cheese alternatives is transforming the market. Brands are actively developing innovative, plant-based formulations using cashew, almond, soy, and coconut to meet consumer expectations.
Premium & Artisanal Cheese Growth: Consumers are increasingly drawn to specialty cheeses with unique flavors and regional authenticity. The demand for aged, organic, and handcrafted cheeses is on the rise, particularly in North America and Europe.
Sustainable Production & Packaging: Eco-friendly initiatives, such as sustainable dairy farming practices and biodegradable cheese packaging, are gaining traction. Brands are investing in sustainability to appeal to environmentally conscious consumers.
Key Takeaways from the Cheese Market Report
The global cheese market is projected to reach USD 178.5 billion by 2035, with a CAGR of 5.4% from 2025 to 2035.
Health-conscious consumers are driving demand for low-sodium, organic, and plant-based cheese products.
E-commerce expansion is reshaping distribution channels, increasing accessibility to diverse cheese varieties.
Europe and North America remain dominant players, with the USA, France, Germany, Italy, and the UK witnessing steady growth.
Regional Insights: Cheese Market Growth Across Key Countries
Countries
CAGR (2025 to 2035)
The USA
4.61%
France
3.6%
Germany
3.9%
Italy
4.5%
The UK
3.12%
North America remains a dominant market, with the USA leading growth due to high cheese consumption in fast food and processed meals.
Europe continues to thrive with strong cheese traditions, particularly in France, Italy, and Germany, where artisanal and specialty cheese demand is high.
Asia-Pacific is emerging as a high-potential market, driven by increasing Western food adoption and the growing middle-class population.
Competitive Landscape: Market Outlook
The cheese industry is highly competitive, with key players investing in innovation, sustainability, and acquisitions to strengthen their market position. Some of the leading cheese manufacturers include:
The industry is segmented into organic cheese and conventional cheese.
By Source:
The industry includes dairy-based cheese and plant-based cheese
By Product Type:
The industry is segmented into mozzarella, cheddar, pepper jack, parmesan, gouda, and others.
By Form:
Cheese is available in block, cube, shreds, slice, spread, powder, and sticks.
By End Use:
The industry is categorized into the food and beverage industry, HoReCa (hotels, restaurants, cafes), and household retail.
By Sales Channel:
Cheese is distributed through B2B, B2C, modern trade, convenience stores, traditional grocery stores, specialty stores, online retail, and other retail formats.
By Region:
The industry is analyzed across North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.
The cheese flavor market is estimated to secure a valuation of USD 12.5 Billion in 2023 and is estimated to rise to USD 21.7 Billion by 2033.
The global Halal Cheese Market is poised to reach a value of USD 626.2 Million by 2025 and is projected to reach a value of USD 933.1 Million by 2035, reflecting a compound annual growth rate of 3.6% over the assessment period 2025- 2035.
The Vegan Cheese industry is forecast to expand at a CAGR of 9% in the ten-year time frame and reach a USD 8,231 million valuation by 2034.
Cream cheese sales are projected to grow at a robust CAGR of 5.6% between 2023 to 2033, totaling around USD 11,370.5 million by the end of 2033.
According to the research of Future Market Insights, over the projected period, the Spray Cheese Market is expected to expand at a CAGR of 4.3%. The industry's estimated value will increase from USD 1,408.2 Million in 2023 to USD 2,145.4 Million in 2033.
The overall demand for frozen cheese is likely to grow at a healthy CAGR of 6% between 2022 and 2032, totaling around USD 17.4 Billion by 2032.
The organic cheese market is on a trajectory of pure indulgence, holding potential to progress at a promising CAGR of 7.1% through.
The global Processed Cheese Market is poised to reach a value of USD 17712.6 Million by 2025 and is projected to reach a value of USD 24443.3 Million by 2035, reflecting a compound annual growth rate of 3.3% over the assessment period 2025 to 2035.
The market for plant-based cheese is estimated to be worth USD 3,068 million in 2024 and is projected to reach USD 9,658 million by 2034.
The global Lactose-free Cheese industry is estimated to be worth USD 865.1 million by 2025. It is projected to reach USD 1,973.2 million by 2035, reflecting a CAGR of 8.6% over the assessment period 2025 to 2035.
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
