Cheese rose to 1.76 USD/Lbs on July 11, 2025, up 0.01% from the previous day. Over the past month, Cheese's price has fallen 8.95%, and is down 9.42% 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 July of 2025.

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: Processed Cheese and Related Products (WPU023303) from Jun 1981 to May 2025 about cheese, dairy, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

The global cheese market amounted to $153.9B in 2024, surging by 6.2% against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked at $183.1B in 2019; however, from 2020 to 2024, consumption stood at a somewhat lower figure.

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 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, Foodservice, and Food Processing), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

The revenue in the 'Cheese' segment of the food market in the United States was forecast to continuously increase between 2025 and 2030 by in total *** billion U.S. dollars (+***** percent). After the ***** consecutive increasing year, the revenue is estimated to reach ***** billion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the 'Cheese' segment of the food market was continuously increasing over the past years.Find more key insights for the revenue in countries and regions like the revenue in the 'Sweeteners' segment of the food market in the world and the revenue in the 'Milk Substitutes' segment of the food market in France. The Statista Market Insights cover a broad range of additional markets.

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.

The vegan cheese market is forecast to record a value of US$ 3,467 million in 2024. Vegan cheese, which also goes by the name of cheese substitute, dairy-free cheese, cruelty-free cheese, and plant-based cheese, is enjoying massive popularity among the masses. Their appeal is increasing as more people are choosing foods that are environment-friendly, cruelty-free, and mimic attributes of the traditional food options.

Attributes	Key Insights
Vegan Cheese Market Size (2024E)	US$ 3,467 million
Industry Valuation (2034F)	US$ 8,231 million
Value-based CAGR (2024 to 2034)	9%

Category-wise Vegan Cheese Market Analysis

Leading Product Type	Mozzarella
Value Share (2024)	19%

Leading Sales Channel	Hypermarkets/Supermarkets
Value Share (2024)	34%

Global Vegan Cheese Industry Demand Analysis by Country

Countries	Forecast CAGR (2024 to 2034)
The United States	6.9%
China	3.9%
India	6.8%
Germany	7.9%
The United Kingdon	5.3%

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US Cheese Market Size 2025-2029

The cheese market size in US is forecast to increase by USD 12.2 billion at a CAGR of 4.5% between 2024 and 2029.

The cheese market is experiencing significant growth, driven by the increasing consumer demand for diverse and high-quality cheese products. This trend is fueled by the expanding foodservice industry and the rise of online retailing, making cheese more accessible than ever before. However, the market also faces challenges related to health concerns, as some types of cheese are high in saturated fat and sodium. Additionally, the food service industry's growing focus on offering healthier options has led to an increase in demand for cheese in sandwiches and pizzas.


Consumers are becoming more health-conscious and are seeking out lower-fat and lactose-free options. Consumer preferences for sustainable and ethically sourced options have fueled the growth of dairy alternatives, with sustainability initiatives and fair trade certifications becoming increasingly important. Navigating this complex market landscape requires a deep understanding of consumer preferences, competitive dynamics, and regulatory requirements. Stay informed to capitalize on opportunities and mitigate risks in the dynamic cheese market.

What will be the Size of the market During the Forecast Period?

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The cheese market encompasses a diverse range of products, from traditional dairy offerings to plant-based alternatives such as vegan cashew cheese and soy cheese. Price elasticity plays a significant role in the market, as consumers balance their desire for high-quality cheese spreads and snacks with concerns over cost. Spoilage organisms and foodborne illness are ongoing challenges for cheese producers, necessitating rigorous quality assurance measures and traceability systems. Automation in cheesemaking and inventory management have streamlined production processes, reducing waste and improving carbon footprint. Additionally, some cheese varieties, like organic and pasteurized cheese, use modified atmosphere packaging to minimize oxidation and preserve nutritional value.

Cheese's cultural significance extends beyond food applications, with culinary uses including wine pairing and cheese sauces. Regional cheese varieties and cheese blends offer unique culinary experiences, while brand loyalty is a key factor in consumer decision-making. Environmental impact and sustainability are key considerations in cheese production technology, with a focus on reducing waste and improving ingredient sourcing. Nutritional yeast and cheese substitutes cater to consumers seeking alternative sources of protein and nutrients. Cheese microbiology and food microbiology are essential fields in ensuring the safety and quality of cheese products. Pricing strategies and supply chain management are critical components of market success, with cheese pairing and culinary uses offering opportunities for differentiation and innovation.

How is this market segmented and which is the largest segment?

The market 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.

Source

  Animal-based
  Plant-based


Distribution Channel

  Offline
  Online


Product Type

  Mozzarella
  Cheddar
  Specialty cheeses
  Plant-based cheese


Geography

  North America

    US

By Source Insights

The Animal-based segment is estimated to witness significant growth during the forecast period. The creamy and versatile animal-based cheese segment, primarily sourced from cows' milk, holds a significant share in the US cheese market. Cows' milk cheese, recognized for its creamy texture and vast flavor profiles, includes popular varieties such as cheddar, mozzarella, Swiss, and gouda. Cow milk, which makes up the largest portion of global milk production, is expected to reach approximately 228 billion pounds by 2025. This growth is driven by an expanding dairy herd and increased milk yield per cow. The consistent milk supply ensures a stable cheese manufacturing environment, enabling producers to maintain steady production volumes and pricing strategies.

Food service is a significant market for cheese, with standardized milk and pasteurized cheese being the preferred choices due to their consistent quality and long shelf life. Unpasteurized cheese, with its unique flavor and texture, is gaining popularity in specialty markets. Cheese additives, such as salt, are used to enhance flavor and improve texture, while aging processes contribute to the development of distinct flavors and textures in hard and semi-hard cheeses. Additionally, the food service industry's growing focus on offering healthier options has led to an increase in demand for cheese in sandwiches and pizzas.

The cheese market is projected to grow from USD 105.5 billion in 2025 to USD 178.5 billion by 2035, with a CAGR of 5.4% during the forecast period.

Attributes	Description
Estimated Global Cheese Business Size (2025E)	USD 105.5 billion
Projected Global Cheese Business Value (2035F)	USD 178.5 billion
Value-based CAGR (2025 to 2035)	5.4%

Semi-Annual Market Update

Particular	Value CAGR
H1 (2024 to 2034)	4.9%
H2 (2024 to 2034)	5.5%
H1 (2025 to 2035)	5.1%
H2 (2025 to 2035)	5.6%

Country-wise Insights

Countries	CAGR (2025 to 2035)
The USA	4.61%
France	3.6%
Germany	3.9%
Italy	4.5%
The UK	3.12%

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.

Processed Cheese Market size is expected to be worth around USD 25.2 Billion by 2034, from USD 17.7 Billion in 2024, at a CAGR of 3.6%

Cheddar Cheese Market is segmented By Form (Shredded, Slices, Blocksand Cubes), Milk Source (Buffalo, Cow, Sheepand Goat) and Application (Commercial Useand Residential Use)

Cheese Market Outlook

According to our latest research, the global cheese market size reached USD 92.1 billion in 2024, experiencing a robust compound annual growth rate (CAGR) of 4.7% over the past few years. This dynamic growth is primarily fueled by increasing consumer demand for dairy-based products, innovation in cheese varieties, and expanding applications across the food industry. Looking ahead, the market is forecasted to grow steadily and reach approximately USD 138.1 billion by 2033, as per the calculated CAGR. The cheese market continues to evolve in response to shifting dietary preferences, rising disposable incomes, and the globalization of food culture, making it a significant sector within the global food and beverage industry.

One of the primary growth factors driving the global cheese market is the rising consumer preference for protein-rich and nutritious foods. With increasing awareness of health and wellness, consumers are actively seeking out food products that offer both taste and nutritional value. Cheese, being a rich source of protein, calcium, and essential vitamins, fits perfectly into this trend. Furthermore, the proliferation of Western dietary habits, especially in emerging economies, has led to a surge in cheese consumption. Fast food chains, quick-service restaurants, and ready-to-eat meal providers are incorporating more cheese-based items into their menus, significantly boosting demand. Additionally, the introduction of innovative cheese flavors and products that cater to local palates has expanded the consumer base, making cheese a staple in diverse cuisines worldwide.

Another critical factor contributing to the growth of the cheese market is the rapid expansion of the retail sector, particularly supermarkets and hypermarkets. The organized retail industry has revolutionized the way consumers purchase food products by offering a wide range of cheese varieties under one roof. Enhanced cold chain logistics and improved packaging technologies have ensured the freshness and longevity of cheese products, further encouraging consumers to try new offerings. Moreover, the rise of online grocery platforms has made cheese more accessible to consumers in remote and urban areas alike. These digital channels not only provide convenience but also offer detailed product information and customer reviews, influencing purchasing decisions and driving market growth.

The cheese market is also benefiting from increasing investments in research and development by leading manufacturers. Companies are focusing on developing healthier cheese options, such as low-fat, lactose-free, and fortified cheeses, to cater to the growing segment of health-conscious consumers. Flavored and specialty cheeses, which offer unique taste experiences, are gaining traction among millennials and gourmet food enthusiasts. Furthermore, sustainability initiatives, such as eco-friendly packaging and ethical sourcing of milk, are resonating with environmentally aware consumers. These innovations, coupled with strategic marketing campaigns, are enhancing brand loyalty and expanding the market’s reach across diverse demographic segments.

Regionally, Europe remains the dominant player in the global cheese market, owing to its rich tradition of cheese production and consumption. However, Asia Pacific is emerging as a lucrative market, driven by urbanization, rising incomes, and increasing exposure to international cuisines. North America continues to witness steady growth, supported by a mature retail infrastructure and a strong presence of leading cheese brands. Meanwhile, Latin America and the Middle East & Africa are experiencing gradual market penetration, fueled by changing dietary patterns and expanding retail networks. Each region presents unique opportunities and challenges, shaping the overall trajectory of the global cheese market.

Product Type Analysis

The cheese market can be segmented by product type into natural cheese, processed cheese, flavored cheese, and o

The report covers Global Natural Cheese Market Companies & Forecast and is segmented by Form (Block, Crumbled, and Spreadable), By Type (Natural and Processed), By Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Specialty Stores, Online Retail Stores, and Other Distribution Channels), and Geography.

The global cheese market is expected to reach a value of more than USD 102.09 Billion in 2024. The industry is expected to grow at a CAGR of 7.80% during the forecast period of 2025-2034. The growing demand for natural, organic, and artisanal cheeses, driven by health-conscious consumers, is propelling the cheese market. As a result of this augment demand, the market is set to attain a valuation of USD 216.36 Billion by 2034.

The global cheddar cheese market is expected to grow at a CAGR of 4.00% in the forecast period of 2025-2034.

According to Cognitive Market Research, the global Cheese analogues market size will be USD 2451.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.80% 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 980.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 735.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 563.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 122.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% 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 49.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
The Standard Cheese, held the highest Cheese analogues market revenue share in 2024.

Market Dynamics of Cheese analogues Market

Key Drivers for Cheese analogues Market

Rising Vegan and Vegetarian Population to Increase the Demand Globally: The upward push in vegan and vegetarian populations has substantially fueled the demand for dairy options, which include cheese analogues. As more human beings embody plant-primarily based diets for health, moral, and environmental motives, the marketplace for non-dairy cheese has elevated. Consumers are an increasing number of looking for alternatives that offer similar flavor, texture, and nutritional advantages to traditional cheese with out the use of animal merchandise. This shift is driven by developing consciousness of lactose intolerance, concerns over animal welfare, and a desire for extra sustainable food options. Consequently, producers are innovating with loads of plant-based components like nuts, soy, and coconut to create outstanding cheese analogues, catering to the evolving possibilities of health-conscious and environmentally-conscious clients.

Lactose Intolerance and Allergies to Propel Market Growth: The growing incidence of lactose intolerance and dairy-hypersensitive reactions has created a widespread marketplace for cheese substitutes. As a great part of the populace stories negative reactions to dairy merchandise, the demand for options has surged. Lactose intolerance, which affects the potential to digest lactose found in milk, and dairy hypersensitive reactions, which trigger immune responses, compel many individuals to are seeking for non-dairy options. Cheese substitutes, made from plant-primarily based ingredients consisting of nuts, soy, and coconut, provide a solution that caters to those dietary restrictions. This developing need for reachable and fun alternatives has pushed innovation in the meals industry, mainly to a wide range of tremendous, allergen-loose cheese products that accommodate various health concerns.

Key Restraint Factor for the Cheese analogues Market

Taste and Texture Perception to Limit the Sales: Overcoming the notion that cheese analogues are inferior to standard cheese in phrases of flavor and texture stays a task. Many consumers nevertheless believe that plant-based cheeses lack the rich, creamy, and genuine characteristics of dairy cheese. This notion has been an enormous barrier to the wider attractiveness and adoption of cheese substitutes. To deal with this, producers are investing in studies and improvements to beautify the sensory experience of their products. Innovations in meal generation are allowing for greater sophisticated formulations that better mimic the taste and texture of conventional cheese. By improving those elements, manufacturers aim to attract not only vegans and those with dietary restrictions but also mainstream consumers seeking exceptional alternatives.

Limited Market Penetration in Traditional Dairy-Consuming Regions: In areas where dairy cheese holds cultural importance, like Europe or North America, cheese alternatives frequently encounter opposition. The strong consumer allegiance to artisanal and traditional dairy products can hinder market expansion, even with the increasing awareness of health benefits.

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