Cheese fell to 1.74 USD/Lbs on October 23, 2025, down 0.23% from the previous day. Over the past month, Cheese's price has fallen 4.03%, and is down 11.15% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cheese - values, historical data, forecasts and news - updated on October of 2025.

Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Processed Cheese and Related Products (WPU023303) from Jun 1981 to Aug 2025 about cheese, dairy, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.

Learn about the factors that influence commodity cheese prices, including production costs, market trends, and global economic conditions. Discover how popular cheeses like cheddar, Swiss, parmesan, and mozzarella are priced and how industry professionals use these prices to make informed decisions about buying and selling cheese products.

Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Cottage Cheese (WPU02310401) from Dec 1982 to Aug 2025 about cheese, dairy, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.

Global cheese consumption has gone up because there's more cheese to choose from, and people crave for more organic dairy products. Hence, the organic cheese market is on a trajectory of pure indulgence, holding potential to progress at a promising CAGR of 7.1% through.

Attributes	Details
Organic Cheese Market Size, 2024	US$ 8,452.30 million
Market Size, 2034	US$ 16,832.50 million
Value CAGR (2024 to 2034)	7.1%

Category Wise Insights

Attributes	Details
Product Type	Cheddar
Market share in 2024	45.3%

Attributes	Details
Service Type	Specialty Stores
Market Share in 2024	38.9%

Country wise insights

Countries	CAGR from 2024 to 2034
United States	5.8%
China	6.9%
Germany	6.3%
Japan	7.2%
India	8.1%

The global cheese market rose markedly to $153.9B in 2024, picking up by 6.2% against the previous year. The market value increased at an average annual rate of +2.5% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market attained the peak level at $183.1B in 2019; however, from 2020 to 2024, consumption failed to regain momentum.

This statistic shows the price per tonne of cheese in the United Kingdom (UK) from 2000 to 2015, according to agricultural and commodity price figures. The price is shown by year. In 2012 the price of cheese was 2906.25 British Pound Sterling (GBP) per tonne.

In 2024, the revenue of the cheese industry worldwide amounted to over 240 billion U.S. dollars. It is expected that revenue will reach 350.7 billion U.S. dollars in 2030.

According to Cognitive Market Research, the global specialty cheese market size was USD 141251.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.20% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 56500.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 42375.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 32487.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 7062.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2825.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
The fresh category is the fastest growing segment of the specialty cheese industry

Market Dynamics of Specialty Cheese Market

Key Drivers for Specialty Cheese Market

Growing Interest in Combinations of Flavors to Boost Market Growth:

The inclination of consumers to explore novel and exotic flavors and cuisines has experienced a notable surge in the past few years. The increasing popularity of cheese flavor combinations in a variety of cuisines, including Italian and Mexican, has led to an acceleration of the usage of diverse forms of cheese in these culinary arts. The exponential growth of the food service business has driven leading product processors to create new goods like creamers and powder. Flavored cheese is a rapidly growing category that meets the contemporary consumer's desire for unique flavors such as fruit, spices, and herbs. The retail industry is seeing global growth due to the introduction of new products through improvements and innovations. For instance, in 2020, 980 artisan cheesemakers in the United States created handmade, naturally flavored, or fresh-from-the-farm goods that are gaining popularity among customers, according to a poll conducted by the American Cheese Society (ACS).

Growing Consumer Interest in Gourmet Food to Drive Market Growth:

A growing number of consumers are looking for high-end, handcrafted goods with distinctive flavors and sensations. Specialty cheeses are the ideal answer to this need because of their unique flavors and frequently local origins. Cheeses with distinctive regional qualities, like Spanish Manchego, French Camembert, and Italian Parmigiano Reggiano, are in high demand among consumers. The market for cheeses produced entirely of natural or organic ingredients—free of artificial additives or preservatives—is expanding. In order to produce distinctive and intriguing goods, specialty cheese producers are experimenting with various flavors and ingredients, including fruits, nuts, spices, and herbs. Specialty cheeses are becoming more and more popular when paired with wines, craft beers, and other drinks to provide a more upscale dining experience.

Key Restraint Factor for the Specialty Cheese Market

Price Sensitivity will Limit Market Growth:

Specialty cheeses are more expensive than their mass-produced counterparts. Still, because of their superior quality, distinct flavor, and other attributes, customers are frequently ready to pay a premium for them. Price sensitivity, however, can still play a role, particularly in recessionary times or when customers are dealing with tight finances. Specialty cheeses are seen by many as luxury goods, thus they are reluctant to pay higher prices. Economic downturns can have a big effect on how much consumers spend on high-end goods. Additionally, the presence of less expensive, mass-produced cheese substitutes may be a threat to market share.

Regulatory and Labeling Complexities: Protected designation of origin (PDO) stipulations restrict production. Import and export regulations differ greatly from one country to another. Labeling assertions necessitate comprehensive documentation. These compliance obligations elevate operational expenses.

Key Trends for Specialty Cheese Market

Plant-Based and Alternative Speci...

The Cheese Market is Segmented Into Product Type (Natural and Processed), Milk Source (Cow, Goat, Buffalo, and Others), Format (Blocks/Wheels, Slices, Shredded and Grated, Spreads, and Cubes and Sticks), Distribution Channels (Retail, and Foodservice), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Cheese market was valued at USD 202.47 Billion in 2024 and is expected to reach USD 280.13 Billion by 2030 with a CAGR of 5.8%

Pages	181
Market Size	2024: USD 202.47 Billion
Forecast Market Size	2030: USD 280.13 Billion
CAGR	2025-2030: 5.56%
Fastest Growing Segment	Online
Largest Market	Asia Pacific
Key Players	1. Arla Foods amba 2. Fonterra Co-operative Group Limited 3. Glanbia plc 4. Saputo Inc. 5. BEL SA 6. Royal FrieslandCampina N.V. 7. Daiya Foods, Inc. 8. Kite Hill 9. Lactalis International 10. Sargento Foods Inc.

Learn about the factors that influence cheese market prices, including supply and demand, seasonality, location, and the role of milk prices. Discover how different types of cheese and regions impact pricing, and how you can stay up to date on the latest pricing information.

The Cheese Market is estimated to be valued at USD 105.5 billion in 2025 and is projected to reach USD 178.5 billion by 2035, registering a compound annual growth rate (CAGR) of 5.4% over the forecast period.

Metric	Value
Cheese Market Estimated Value in (2025 E)	USD 105.5 billion
Cheese Market Forecast Value in (2035 F)	USD 178.5 billion
Forecast CAGR (2025 to 2035)	5.4%

The Europe Cheese Market is segmented by Product Type (Natural Cheese, Processed Cheese), by Distribution Channel (Off-Trade, On-Trade) and by Country (Belgium, France, Germany, Italy, Netherlands, Russia, Spain, Turkey, United Kingdom). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Dairy production.

Available data formats for the Global Cheese Market Size, Share, Opportunities, And Trends By Source (Cow Milk, Sheep Milk, Goat Milk, Buffalo Milk), By Type (Natural, Processed), By Product (Mozzarella Cheese, Parmesan Cheese, Cheddar Cheese, Gouda Cheese, Others), By Distribution Channel (Online, Offline (Hypermarkets, Convenience Stores, Others)), And By Geography - Forecasts From 2025 To 2030 report.

The revenue in the 'Cheese' segment of the food market in the United States was modeled to be ************* U.S. dollars in 2024. Following a continuous upward trend, the revenue has risen by ************* U.S. dollars since 2018. Between 2024 and 2030, the revenue will rise by ************* U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Cheese.

The global cheese alternatives market is projected to expand from USD 2.75 billion in 2025 to nearly USD 8.41 billion by 2035, reflecting a CAGR of 11.8% over the forecast period. In 2024, the market was valued at USD 2.47 billion.

Attributes	Description
Estimated Size (2025E)	USD 2.75 billion
Projected Value (2035F)	USD 8.41 billion
Value-based CAGR (2025 to 2035)	11.8%

Semi-Annual Market Update

Particular	Value CAGR
H1 (2024 to 2034)	11.5%
H2 (2024 to 2034)	11.6%
H1 (2025 to 2035)	11.7%
H2 (2025 to 2035)	11.8%

Country-wise Insights

Countries	CAGR, 2025 to 2035
USA	10.9%
Germany	11.2%
China	12.6%
Japan	11.4%
India	13.5%

Category-Wise Insights

Segment	Value Share (2025)
Plant-Based Cheese (By Product Type)	55%

Segment	Value Share (2025)
Lactose-Free Cheese (By Product Type)	35%

Global Cheddar Cheese Market is projected to reach USD 5.0 Billion by 2034, with a 4.0% CAGR from 2025 to 2034.

Snapshot img

The cheddar cheese market share is expected to increase by USD 5.31 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 3.92%.

This cheddar cheese market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers cheddar cheese market segmentations by distribution Channel (offline and online) and geography (Europe, North America, APAC, South America, and MEA). The cheddar cheese market report also offers information on several market vendors, including AJ & RG Barber Ltd., Almarai Co., Arla Foods amba, Bel Group, Carbery Food Ingredients Ltd., Dairygold Co-Operative Society Ltd., Fonterra Co operative Group Ltd., Groupe Lactalis, Ornua Co-operative Ltd., and The Kraft Heinz Co. among others.

What will the Cheddar Cheese Market Size be During the Forecast Period?

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Cheddar Cheese Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The increased demand for convenience foods is notably driving the cheddar cheese market growth, although factors such as high operational cost of raw materials may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the cheddar cheese industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Cheddar Cheese Market Driver

The increased demand for convenience foods is notably driving the cheddar cheese market growth. Rapid urbanization around the world has increased disposable income. The global urban population (% of the total world population) increased by 1% from 2016 to 2017. Rising urbanization creates job opportunities and encourages people from rural areas to migrate to urban areas, which increases their income. Also, it has increased the number of female workforces. According to the World Bank Group, the female participation in the global labor force was 39.29% in 2017, and it increased from 39.25% in 2012. These factors have increased the demand for food products that are ready to eat (RTE) with minimal preparation time. Moreover, the rise in the urban population is inculcating new food habits and trends of developing preferences for international food patterns. Hence, various supermarket and hypermarkets are increasing their stock of convenient packaged food. For instance, Le Groupe Bel offers MINI BABYBEL WHITE CHEDDAR VARIETY, which are RTE dairy snacks with no artificial flavors, colors, or preservatives. Similarly, SARGENTO FOODS offers Snack Bites Wisconsin Sharp Cheddar Cheese, which are RTE cheddar snack bites. Hence, the growing demand for convenience foods encourages vendors to expand their cheddar cheese offerings in the RTE segment, which drives the growth of the global cheddar cheese market.

Key Cheddar Cheese Market Trend

Improved accessibility to distribution channels is the key trend driving the cheddar cheese market growth. The rapid expansion of retail chains and specialty stores has increased access to different cheese variants. Furthermore, several vendors such as The Kraft Heinz Company, SARGENTO FOODS, Arla Foods also sell their products through third-party e-commerce retailers such as Amazon.com to provide easy purchasing options for customers. The penetration of the internet and the availability of smart gadgets increase access to online shopping platforms. For instance, global internet penetration was over 55% in 2018. This helps retailers utilize online platforms to expand their geographical reach and consumer base. On the other hand, the growing presence of various offline distribution channels such as hypermarkets, supermarkets, and specialty stores is an indication for the global expansion of the organized retail sector. Cheddar cheese is sold by large, organized retailers such as Walmart and Tesco.com. The number of supermarkets is increasing with growing urbanization. As of 2017, the US has over 35,000 supermarkets, and this number is expected to increase during the forecast period. The improving economy in regions such as APAC and South America is driving the growth of the grocery retail sector in the region owing to the increased presence of international retailers. Hence, increased accessibility to distribution channels aids in driving the growth of the global cheddar cheese market.

Key Cheddar Cheese Market Challenge

The major challenge impeding the cheddar cheese market growth is the high operational cost of raw materials. The major raw materials used in the production of cheddar cheese are milk, curdl

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Cheese Market Size 2025-2029

The cheese market size is valued to increase by USD 44.8 billion, at a CAGR of 4.8% from 2024 to 2029. Rising adoption of cheese products in different cuisines will drive the cheese market.

Major Market Trends & Insights

North America dominated the market and accounted for a 43% growth during the forecast period.
By Product - Natural cheese segment was valued at USD 86.70 billion in 2023
By Distribution Channel - Offline segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 50.56 billion
Market Future Opportunities: USD 44.80 billion
CAGR from 2024 to 2029 : 4.8%

Market Summary

Cheese, a beloved dairy product, is experiencing significant growth in various global markets due to its versatility in diverse cuisines. The rise of online retailing has facilitated easier access to an extensive range of cheese varieties, driving market expansion. However, the increasing consumption of cheese comes with health concerns. Some studies suggest links between cheese intake and cardiovascular diseases, allergies, and lactose intolerance. In the business world, a leading food processing company aimed to optimize its supply chain by implementing a predictive maintenance strategy for its cheese production equipment. By analyzing historical data and identifying patterns, the company was able to reduce equipment downtime by 15%, ensuring continuous production and meeting customer demands.
This proactive approach not only improved operational efficiency but also contributed to cost savings and enhanced customer satisfaction. The market continues to evolve, presenting both opportunities and challenges. Companies must navigate the complexities of supply chain management, adhere to strict food safety regulations, and address growing consumer demands for healthier alternatives. Despite these hurdles, the future of the cheese industry remains promising, driven by its rich cultural significance and the ongoing innovation in production techniques and product offerings.

What will be the Size of the Cheese Market during the forecast period?

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How is the Cheese Market Segmented ?

The cheese industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Natural cheese
  Processed cheese


Distribution Channel

  Offline
  Online


Source

  Cow milk
  Goat milk
  Buffalo milk
  Sheep milk
  Plant-based alternatives


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy


  APAC

    Australia
    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Product Insights

The natural cheese segment is estimated to witness significant growth during the forecast period.

In the dynamic and evolving the market of 2024, natural cheese maintains a substantial market share, driven by consumer preferences for authenticity and high-quality products. Traditional cheesemaking processes, utilizing natural milk, enzymes, and bacterial cultures, distinguish natural cheese from processed alternatives. These artisanal methods cater to the diverse consumer base, offering a range of flavors, textures, and varieties. The increasing awareness and preference for natural, minimally processed foods fuel the demand for natural cheese, accounting for approximately 70% of the market. This growth is influenced by various factors, including the degree of proteolysis and rheological properties influenced by salt concentration, aging temperature, and process optimization.

The flavor compound profile and enzyme activity during cheese ripening kinetics contribute significantly to the sensory evaluation and yield optimization. Calcium chloride addition and quality grading are essential considerations in manufacturing processes, while packaging materials and pasteurization protocols ensure product safety and shelf life extension. Microbial contamination and diversity are crucial factors in texture analysis and defect identification, with pH monitoring and moisture content control essential for maintaining optimal textural properties and lipolysis extent.

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The Natural cheese segment was valued at USD 86.70 billion in 2019 and showed a gradual increase during the forecast period.

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Regional Analysis

North America is estimated to contribute 43% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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