Cheese rose to 1.54 USD/Lbs on December 2, 2025, up 0.20% from the previous day. Over the past month, Cheese's price has fallen 11.20%, and is down 13.20% 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 December of 2025.

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.

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 global cheese market expanded 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 throughout the analyzed period. Global consumption peaked at $183.1B in 2019; however, from 2020 to 2024, consumption stood at a somewhat lower figure.

Learn about the factors that affect the market price of mozzarella cheese, including milk availability, competition, quality, and seasonality. Discover how these factors impact the demand and supply for the product and the current average market price in the United States.

The Europe cheese market rose remarkably to $74.4B in 2024, increasing by 12% against the previous year. The total consumption indicated measured growth from 2012 to 2024: its value increased at an average annual rate of +2.8% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +68.5% against 2015 indices.

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.

Forecast: Processed Cheese Market Size Value in Italy 2023 - 2027 Discover more data with ReportLinker!

Analysis of the Middle East cheese market from 2013-2024 with forecasts to 2035, covering consumption, production, trade, key countries, and market value trends driven by regional demand.

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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. Cheese blo

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).

The Latin American cheese market expanded slightly to $10.6B in 2024, surging by 4.3% 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 throughout the analyzed period. Over the period under review, the market attained the maximum level in 2024 and is likely to see gradual growth in years to come.

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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

European Processed Cheese Market Size Value by Country, 2023 Discover more data with ReportLinker!

The Plant-based Cheese Market is estimated to be valued at USD 3442.3 million in 2025 and is projected to reach USD 10883.7 million by 2035, registering a compound annual growth rate (CAGR) of 12.1% over the forecast period.

Metric	Value
Plant-based Cheese Market Estimated Value in (2025 E)	USD 3442.3 million
Plant-based Cheese Market Forecast Value in (2035 F)	USD 10883.7 million
Forecast CAGR (2025 to 2035)	12.1%

After four years of growth, the global cheese market decreased by -0.6% to $112.3B in 2021. The market value...

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.

This statistic shows the forecasted market value of vegan cheese worldwide from 2015 to 2024. In 2016, the market value of global vegan cheese amounted to approximately **** billion U.S. dollars and is forecasted to increase to about *** billion dollars by 2024.

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.

Attributes	Description
Estimated Global Lactose-free Cheese Industry Size (2025E)	USD 865.1 million
Projected Global Lactose-free Cheese Industry Value (2035F)	USD 1,973.2 million
Value-based CAGR (2025 to 2035)	8.6%

Semi-Annual Market Update for the Global Lactose-Free Cheese Market

Particular	Value CAGR
H1	7.9% (2024 to 2034)
H2	8.0% (2024 to 2034)
H1	8.2% (2025 to 2035)
H2	8.3% (2025 to 2035)

Country-wise Insights in the Lactose-Free Cheese Market

Countries	CAGR 2025 to 2035
The USA	5.6%
Brazil	5.1%
India	9.6%
Japan	7.1%
China	6.2%

Category-wise Insights in the Lactose-Free Cheese Industry

Segment	Cheddar Cheese (By product Type)
Value Share (2024)	20.2%

Segment	Cheese Slices (By Form)
Value Share (2024)	27.4%

The SADC cheese market expanded significantly to $660M in 2024, surging by 6.9% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $895M. From 2019 to 2024, the growth of the market remained at a lower figure.