According to the latest report by IMARC Group, titled “Cheese Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global cheese market reached a value of US$ 72.26 Billion in 2020. Looking forward, IMARC Group expects the global cheese market to reach a value of US$ 105.93 Billion by 2026, exhibiting a CAGR of 6.81% during 2021-2026. Cheese refers to a dairy product prepared by coagulating the protein casein in milk. Its texture, color, and taste are determined by the origin of milk, pasteurization, bacteria, butterfat, mold, protein, aging processing, etc. Cheese has a longer shelf-life than milk and other dairy products, and it has a high content of proteins, calcium, phosphorus, fats, and other vital nutrients.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Cheese Market Trends:
The expanding food industry, along with the increasing consumption of fast-food items, particularly across the millennial and urbanized population, is primarily driving the global market for cheese. Furthermore, numerous key manufacturers are introducing a variety of products, including processed cream cheese in jars, cheese slices, cheddar cheese in tubs and cans, etc., to expand their consumer base, which is further strengthening the market growth. Additionally, the growing sales of cheese over online retail channels providing a hassle-free shopping experience, easy payment gateways, and numerous discount and cashback offers to customers is also catalyzing the global market. In the coming years, the emergence of organic and clean-labeled product variants is anticipated to further drive the demand for cheese in the coming years.
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Key Market Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Lactalis Group
- Dairy Farmers of America
- Arla Foods
- SAVENCIA SA
Breakup by Source:
- Cow Milk
- Buffalo Milk
- Goat Milk
Breakup by Type:
Breakup by Product:
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Store
Breakup by Format:
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (Germany, France, United Kingdom, Italy, Spain, Others)
- Europe (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Other Research Reports By IMARC Group 2021-2026:
Asia Pacific Cheese Market: https://www.imarcgroup.com/asia-pacific-cheese-market
Europe Cheese Market: https://www.imarcgroup.com/europe-cheese-market
GCC Cheese Market: https://www.imarcgroup.com/gcc-cheese-market
Latin America Cheese Market: https://www.imarcgroup.com/latin-america-cheese-market
United States Cheese Market: https://www.imarcgroup.com/united-states-cheese-market
Vegan Cheese Market: https://www.imarcgroup.com/vegan-cheese-market
India Milkshake Market: https://www.imarcgroup.com/indian-milkshake-market
Europe Online Grocery Market: https://www.imarcgroup.com/europe-online-grocery-market
Latin America Online Grocery Market: https://www.imarcgroup.com/latin-america-online-grocery-market
United States Online Grocery Market: https://www.imarcgroup.com/united-states-online-grocery-market
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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