Cheese producers endured a slight dip in revenue through the end of 2024 despite slightly higher per capita dairy consumption and boosting milk prices. Despite high sales amid strengthening milk prices, cheese production revenue and profit have been pressured by rising operational costs, including input purchase and labor costs. Nonetheless, cheese producers' revenue loss over the last five years was minimal because cheese is an essential part of the American diet. Another contributing factor to low revenue contraction was heightened per capita disposable income that encouraged some consumers to trade up on cheese products. Overall, revenue is expected to inch down at a CAGR of 0.4% over the past five years to $62.6 billion, including a 0.4% contraction in 2024 alone. US citizens have eaten an expanding amount of cheese and dairy through the end of 2024, with per capita dairy consumption reaching 654.7 pounds a year. Conversely, exports of cheese products, which account for only 3.5% of total cheese production revenue, have been suppressed because of an appreciating dollar. However, cheese production exports have strengthened over the past five years because of swelling global demand for various cheese varieties and improvements in production technology. Cheese production imports have also swelled. However, the US is a net exporter of cheese, with imports only satisfying 2.9% of domestic demand. Cheese producers will witness a rebound over the coming years alongside further export expansion. Although cheese producers will endure conflicting factors, like only modest price hikes and a slight dip in per capita dairy consumption, their revenue will expand at a CAGR of 1.1% through the end of 2029 to reach $66.0 billion in 2029.

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).

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 size of the Cheese Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.90% during the forecast period. Recent developments include: June 2022: In Wisconsin, United States, Land O Lakes Cheese introduced Land O Lakes® Shredded Cheese, a cheese line that includes seven cheese products in the grocery store's dairy case section. The cheese supply chain starts with Wisconsin farmers who supply the milk that gets shipped to the Land O'Lakes Kiel, Wisconsin plant, where the cheese is manufactured., May 2021: Danish dairy cooperative Arla Foods invested DKK 50 million (about USD 8.2 million) in constructing a new cheese production facility in Japan. Arla announced plans to build two additional ripening warehouses, install new cheese machinery, and construct a new drainage room in its home market, Troldhede Dairy, West Jutland., February 2021: Heritage Foods entered the cheese product market by introducing processed and mozzarella cheese. The company claims that the processed cheese and mozzarella cheese offered by Heritage were made of pure cow milk. The newly launched cheese products launched by the company were claimed to contain a naturally occurring cheesy flavor suitable for consumption by people of all age groups.. Key drivers for this market are: Increasing Sports Participation, Increasing Awareness about Health and Fitness. Potential restraints include: Adverse Effects of Overconsumption of Products. Notable trends are: Rising Demand For Processed Cheese.

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 cheese market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 6.90% from 2025 to 2033. This expansion is fueled by several key drivers. Rising disposable incomes in developing economies are increasing consumer spending on premium food products, including cheese. Growing health consciousness is also impacting the market, with consumers seeking healthier options like low-fat and reduced-sodium cheeses. The increasing popularity of cheese in various culinary applications, from traditional dishes to innovative fusion cuisine, further contributes to market growth. The market segmentation reveals a strong demand for mozzarella, cheddar, and parmesan cheeses, while supermarkets and hypermarkets remain the dominant distribution channel. However, the growth is not without challenges. Fluctuations in milk prices, a key input cost, can impact profitability. Stringent regulations concerning food safety and labeling in various regions pose another restraint. Furthermore, the rise of plant-based cheese alternatives presents a competitive threat, albeit one that is currently niche. The geographic distribution of the cheese market shows strong presence across North America, Europe, and Asia Pacific. North America, with its established dairy industry and high cheese consumption, currently holds a significant market share. However, Asia Pacific is poised for significant growth due to rapidly expanding economies and changing dietary habits. Europe, a traditional cheese-producing region, maintains a strong market presence, while South America and the Middle East and Africa represent emerging markets with considerable growth potential. Key players such as The Kraft Heinz Company, Arla Foods amba, and Fonterra Co-operative Group Limited are driving innovation and expansion through product diversification, strategic partnerships, and geographic expansion. The competitive landscape is dynamic, with both established multinational corporations and regional players vying for market share. The future of the cheese market hinges on navigating the evolving consumer preferences, managing input costs, and adapting to regulatory changes while capitalizing on opportunities in emerging markets. Recent developments include: June 2022: In Wisconsin, United States, Land O Lakes Cheese introduced Land O Lakes® Shredded Cheese, a cheese line that includes seven cheese products in the grocery store's dairy case section. The cheese supply chain starts with Wisconsin farmers who supply the milk that gets shipped to the Land O'Lakes Kiel, Wisconsin plant, where the cheese is manufactured., May 2021: Danish dairy cooperative Arla Foods invested DKK 50 million (about USD 8.2 million) in constructing a new cheese production facility in Japan. Arla announced plans to build two additional ripening warehouses, install new cheese machinery, and construct a new drainage room in its home market, Troldhede Dairy, West Jutland., February 2021: Heritage Foods entered the cheese product market by introducing processed and mozzarella cheese. The company claims that the processed cheese and mozzarella cheese offered by Heritage were made of pure cow milk. The newly launched cheese products launched by the company were claimed to contain a naturally occurring cheesy flavor suitable for consumption by people of all age groups.. Notable trends are: Rising Demand For Processed Cheese.

The North America Non-dairy Cheese Market is segmented by Distribution Channel (Off-Trade, On-Trade) and by Country (Canada, Mexico, United States). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Production volume of plant-based products.

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%

This statistic shows the top ten cheese producing U.S. states in 2023. In that year, Wisconsin was the market leader, where around 3.5 billion pounds of cheese were produced. In the U.S., natural cheese makes up the largest share of cheese sales, generating approximately 11.7 billion U.S. dollars in 2022. Cheese in the United States Cheese is mostly common in the Western cultural sphere, where it is one of the basic foodstuffs, and a major agricultural product. With some seven million metric tons, the European Union is the world’s leading producer of cheese. The United States follows, producing approximately 6.35 million metric tons. The top cheese producing U.S. states are Wisconsin and California. Wisconsin’s nickname as “America’s Dairyland” punctuates the state’s leading position within the U.S. dairy industry. More than three and a half billion pounds of cheese are produced in Wisconsin. California is the second largest producer. As expected, these states also count the highest number of milk cows among all U.S. states. Total consumption of all types of cheese in the United States stands slightly lower than the production volume. This means, that every American consumes over 40 kilograms of cheese annually. The most popular types of cheese among U.S. consumers are Italian-style varieties like, for example, Mozzarella and Parmesan.

The Cheddar Cheese Market Report is Segmented by Product Type (Natural, Processed), Form (Block, Shredded/Sliced, Crumbled, Spreadable), Packaging (Bulk, Single-Serve, Vacuum-Sealed Formats), Distribution Channel (On-Trade, Off-Trade), and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Cheese Market size was USD 148.22 billion in 2025 and is expected to grow at 6.90% CAGR from 2026–32, reaching nearly USD 221.21 billion by 2032.

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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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In the dynamic

Discover the booming cheddar cheese market! This comprehensive analysis reveals key trends, growth drivers, and challenges impacting this multi-billion dollar industry. Explore regional market share, leading companies, and future projections for 2025-2033.

Discover the booming global cheese market! This in-depth analysis reveals a $163.12B market (2025) with a 4.36% CAGR, driven by consumer trends & regional variations. Explore key players, market segmentation (natural, processed, online/offline), and future projections to 2033.

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.

In 2023, approximately ******* metric tons of cheese were produced in the United Kingdom. Between 2001 and 2013, cheese production in the UK ranged between ******* and ******* tons. Starting in 2014, production increased by over ******* and reached an all-time high in 2022. UK cheese market Production increase coincides with a rise in consumption on the market after 2014. However, previous years have seen higher or similarly high consumption numbers. It seems likely that this production increase at least in part, is to satisfy demand outside of the UK. Retail sales show a similar picture, with a small increase that isn’t enough to account for production increase. In fact, retail sales in 2010 were higher than production output. 2018 has seen these numbers reversed. In 2020, 380 enterprises were actively operating dairies and producing cheese in the UK. This is an increase of ** companies compared to a decade earlier. Cheddar cheese – Britain’s favorite During the last five years cheddar retail sales have seen very little changes. Overall volume remained consistent, while only a slight shift towards extra mature cheddar could be observed. In 2018, consumers spent more money on cheddar than during the prior year. This is a reversal of the trend seen during the prior four years. All types of cheese have seen an increase in expenditure with extra mature cheddar showing the highest increase in absolute and relative numbers.

Discover the booming specialty cheese market! This comprehensive analysis reveals key trends, drivers, and growth projections through 2033, covering major players, regional insights, and diverse cheese types. Learn about market size, CAGR, and future opportunities.

The global cheese market is a substantial and rapidly expanding sector, exhibiting robust growth driven by several key factors. Rising disposable incomes, particularly in developing economies, fuel increased demand for dairy products, including cheese, which is increasingly viewed as a versatile and convenient protein source. Changing consumer lifestyles and preferences toward convenient, ready-to-eat meals and snacks are also boosting market expansion. Furthermore, the increasing popularity of diverse cheese types, including specialty cheeses and organic options, is contributing to market diversification and premiumization. Innovation in cheese production, with advancements in flavor profiles, textures, and functional properties, further enhances market appeal and caters to the evolving consumer palate. The market is segmented by various types including Cheddar, Mozzarella, Parmesan, Swiss, and others, each showing different growth trajectories based on regional preferences and culinary trends. Major players in the cheese market are focusing on strategic partnerships, mergers & acquisitions, and geographic expansion to solidify their positions and capitalize on growth opportunities. However, several challenges hinder market expansion. Fluctuations in milk prices, a key input cost, impact the overall profitability of cheese production. Stringent regulatory requirements concerning food safety and labeling are adding compliance burdens for producers. Concerns surrounding the environmental impact of dairy farming also present headwinds, particularly regarding greenhouse gas emissions and water usage. Nevertheless, the overall market outlook remains positive, driven by increasing health awareness and the inherent nutritional benefits of cheese. The market's projected CAGR (assuming a CAGR of 5%, a common rate for established food markets) points toward considerable growth over the forecast period, with continued innovation, strategic partnerships, and adaptation to changing consumer demands shaping future market dynamics. Geographic expansion into emerging markets will prove crucial for sustained growth.

In 2024, the production volume of cheese in Mexico amounted to ******* metric tons, an increase of two percent compared to the previous year. It was estimated that this number would reach ******* metric tons in 2025.

This statistic shows the total cheese production in the United States from 2013 to 2024. In 2024, about 6.5 million metric tons of cheese were produced in the United States, up from 5.53 million metric tons in 2016.