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.

Graph and download economic data for Producer Price Index by Industry: Cheese Manufacturing: Natural Cheese (Cheddar, Swiss, Italian, Brick, Cream, Grated, Dried etc.) Excluding Cottage Cheese (PCU3115133115131) from Jan 1967 to Aug 2025 about cheese, bricks, dairy, manufacturing, PPI, industry, 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.

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.

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.

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.

European Processed Cheese Market Size Value by Country, 2023 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.

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 North American cheese market stood at $39.5B in 2024, approximately equating the previous year. The market value increased at an average annual rate of +3.0% 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 reached the maximum level in 2024 and is likely to see gradual growth in the near future.

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.

Snapshot img

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?

Request Free Sample

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 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%

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 Sep 2025 about cheese, dairy, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.

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%

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

The global Processed Cheese Market is poised to reach a value of USD 17712.6 Million by 2025 and is projected to reach a value of USD 24443.3 Million by 2035, reflecting a compound annual growth rate of 3.3% over the assessment period 2025 to 2035.

Attributes	Description
Estimated Global Industry Size (2025E)	USD 17712.6 million
Projected Global Industry Value (2035F)	USD 24443.3 million
Value-based CAGR (2025 to 2035)	3.3%

Country wise Insights

Countries	CAGR 2025 to 2035
USA	5.7%
Germany	3.6%
India	7.0%

Category-wise Insights

Segment	Value Share (2025)
Functional Beverages (Application)	35%

Segment	Value Share (2025)
Citrus Flavour (Synthetic Flavour)	30%

The global cream cheese market is projected to be valued at USD 9.1 billion in 2025 and is expected to grow to USD 11.3 billion by 2035, reflecting a CAGR of 5.9% over the forecast period.

Attributes	Description
Estimated Cream Cheese Market Size (2025E)	USD 9.1 Billion
Projected Cream Cheese Market Value (2035F)	USD 11.3 Billion
Value-based CAGR (2025 to 2035)	5.9%

Semi-Annual Demand Space Update

Particular	Value CAGR
H1 (2024 to 2034)	5.6%
H2 (2024 to 2034)	5.8%
H1 (2025 to 2035)	5.7%
H2 (2025 to 2035)	5.9%

Country-wise Insights

Countries	Market Value (2035)
United States	USD 5,875.2 million
Germany	USD 3,918.6 million
China	USD 3,128.4 million
India	USD 1,954.7 million