Cheese rose to 1.76 USD/Lbs on July 3, 2025, up 0.58% from the previous day. Over the past month, Cheese's price has fallen 8.81%, and is down 9.79% 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 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.

This statistic presents data on the retail market price of cheese per kilogram in Germany from 2009 to 2017. In 2011 the retail market price of cheese amounted to approximately 10 U.S. dollars per kilogram, according to historic retail figures.

The global cheese market rose remarkably to $153.6B in 2024, increasing by 5.9% 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. Over the period under review, the global market reached the maximum level at $183B in 2019; however, from 2020 to 2024, consumption remained at a lower figure.

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 price per unit in the 'Cheese' segment of the food market was forecast to continuously increase between 2025 and 2030 by in total 2.5 U.S. dollars (+21.65 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 14.05 U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Cheese' segment of the food market was continuously increasing over the past years.Find further information concerning the average volume per capita in the 'Fish & Seafood' segment of the food market in Qatar and the revenue in the 'Bread & Cereal Products' segment of the food market in the Philippines. The Statista Market Insights cover a broad range of additional markets.

Natural, cheddar cheese sold at the store, regardless of variety. Includes organic and non-organic cheese."

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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.

According to Cognitive Market Research, the global specialty cheese market size will be 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.

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.

Impact of Covid-19 on the Specialty Cheese Market

Many industries faced difficulties as a result of the COVID-19 epidemic, but the specialty cheese market proved resilient and even grew in some regions. A rise in home cooking coincided with individuals spending more time at home, which raised the desire for specialty cheeses to enhance culinary adventures. During the epidemic, e-commer...

Cheese Price in the Netherlands - 2023. Find the latest marketing data on the IndexBox platform.

Cheese Market size is estimated to be USD 84.26 billion in 2022 and is predicted to reach USD 123.37 billion by 2030

The global cheese snack market is set to reach a value of US$ 75.1 billion in 2024 and increase to a size of US$ 141 billion by the end of 2034. The market has been studied in detail and is forecasted to expand at 6.5% CAGR from 2024 to 2034.

Report Attribute	Detail
Cheese Snack Market Size (2024E)	US$ 75.1 Billion
Forecasted Market Value (2034F)	US$ 141 Billion
Global Market Growth Rate (2024 to 2034)	6.5% CAGR
North America Market Share (2024E)	23.9%
East Asia Market Value (2024E)	US$ 16.8 Billion
Baked Snack Segment Value (2034F)	US$ 54.7 Billion
Revenue from Cheddar Cheese Snacks (2034F)	US$ 46.4 Billion
Key Companies Profiled	Rich Products Corporation; ITC Limited; General Mills, Inc.; Mars, Incorporated; EnWave Corporation; Godrej Industries Limited; Sargento Foods Incorporated; PepsiCo Inc.; McCain Foods Limited; UTZ Quality Foods. LLC.; Amy’s Kitchen; Kellogg Co.

Country-wise Insights

Attribute	United States
Market Value (2024E)	US$ 8 Billion
Growth Rate (2024 to 2034)	6.9% CAGR
Projected Value (2034F)	US$ 15.6 Billion

Attribute	South Korea
Market Value (2024E)	US$ 3.7 Billion
Growth Rate (2024 to 2034)	7.3% CAGR
Projected Value (2034F)	US$ 7.5 Billion

Category-wise Insights

Attribute	Baked Cheese Snacks
Segment Value (2024E)	US$ 29.8 Billion
Growth Rate (2024 to 2034)	6.3% CAGR
Projected Value (2034F)	US$ 54.7 Billion

Attribute	Cheddar Cheese Snacks
Segment Value (2024E)	US$ 25.4 Billion
Growth Rate (2024 to 2034)	6.2% CAGR
Projected Value (2034F)	US$ 46.4 Billion

The price per unit in the 'Cheese' segment of the food market in Hong Kong was forecast to continuously increase between 2025 and 2030 by in total 3.9 U.S. dollars (+16.53 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 27.52 U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Cheese' segment of the food market was continuously increasing over the past years.Find more key insights for the price per unit in countries and regions like the average revenue per capita in the 'Yogurt' segment of the food market in Lithuania and the revenue in the 'Baby Food' segment of the food market in Europe. The Statista Market Insights cover a broad range of additional markets.

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.

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.

Impact of Covid-19 on the Cheese analogues Market

The COVID-19 pandemic had a tremendous impact on the cheese analogues marketplace. During the pandemic, disruptions in supply chains and shifts in client behavior caused fluctuations in calls for cheese substitutes. Initially, the market faced challenges because of shortages of key elements and distribution troubles. However, a...

Learn about the factors that affect the market price of mozzarella cheese, from the region of production and quality to demand and availability of milk. Discover the different ways to purchase mozzarella cheese and why it is generally considered an affordable cheese enjoyed worldwide.

The specialty cheese market is experiencing robust growth, driven by increasing consumer demand for premium and artisanal cheeses. The market, estimated at $15 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033, reaching approximately $23 billion by 2033. This growth is fueled by several key factors. Firstly, rising disposable incomes, particularly in developing economies, are allowing consumers to explore more diverse and higher-priced food options, including specialty cheeses. Secondly, the expanding food service sector, including upscale restaurants and gourmet food shops, is significantly contributing to demand. The increasing popularity of cheese-centric culinary trends and the growing awareness of cheese's nutritional benefits further bolster market expansion. Consumers are increasingly seeking out unique flavors and textures, driving the popularity of aged cheeses, soft white cheeses, and other specialty varieties beyond mass-produced options. Within the segments, the bakery and food processing industries are significant consumers, utilizing specialty cheeses in a wide variety of products. However, e-commerce platforms are rapidly emerging as a crucial distribution channel, offering convenient access to a wider range of specialty cheese options to consumers globally. Geographic expansion is also a significant driver, particularly in regions with burgeoning middle classes and rising adoption of Western culinary practices. While challenges such as price volatility of raw materials and stringent food safety regulations exist, the overall market outlook remains positive, projecting sustained growth throughout the forecast period. The competitive landscape is characterized by a mix of established global players and regional producers. Companies like Bel Brands, Ornua Foods North America, BelGioioso Cheese, Arla Foods, and Kraft Heinz Ingredients hold significant market share, leveraging their established brand recognition and extensive distribution networks. However, smaller artisanal cheesemakers are also gaining traction, capitalizing on the growing consumer preference for locally sourced and handcrafted products. Future growth will likely be shaped by factors including product innovation (e.g., introduction of new flavors and cheese types), strategic partnerships, and the expansion into new geographic markets. Companies focusing on sustainable and ethically sourced ingredients will also likely gain a competitive advantage. Furthermore, investment in technology for improved production efficiency and enhanced product traceability is crucial for success in this evolving market. North America and Europe currently dominate the market, but the Asia-Pacific region is anticipated to exhibit substantial growth in the coming years, driven by increasing urbanization and changing consumer preferences.

The shredded cheese market is experiencing robust growth, driven by increasing demand from food service and retail sectors. Convenience, versatility, and consistent quality make shredded cheese a staple in various applications, from pizzas and tacos to salads and sandwiches. The market's expansion is fueled by several key trends, including the rising popularity of ready-to-eat meals, the growth of the quick-service restaurant (QSR) industry, and increasing consumer preference for convenience foods. Furthermore, innovative product launches, such as cheese blends with added flavors or functional ingredients, are expanding market appeal. Major players like Hormel Foods, Daiya Foods, and Sargento Foods are leveraging their strong distribution networks and brand recognition to maintain market share, while smaller players are focusing on niche segments like organic and specialty cheeses to carve out a position. While potential price fluctuations in dairy commodities could pose a challenge, the overall market outlook remains positive. The projected Compound Annual Growth Rate (CAGR) suggests a significant expansion of the shredded cheese market over the forecast period (2025-2033). This growth is expected to be driven by both volume and value increases, reflecting rising consumption and premium product offerings. Regional variations in growth will likely reflect differences in consumer preferences and economic conditions. North America and Europe are anticipated to be major markets, with developing economies exhibiting potentially higher growth rates due to increasing disposable incomes and westernization of diets. However, potential restraints include fluctuating milk prices and increased competition from plant-based cheese alternatives. Strategic collaborations, mergers and acquisitions, and a focus on sustainable sourcing are likely to shape the competitive landscape in the years to come. The market is segmented by type (e.g., cheddar, mozzarella, etc.), application (e.g., food service, retail), and region, offering diverse investment and growth opportunities.

The Colby cheese market, while a segment of the broader cheese market, exhibits strong growth potential driven by increasing consumer demand for mild, versatile cheeses in various food applications. The market is segmented by application (sandwiches, pizza, processed cheese, snack cheese, and others) and type (blocks, slices, and others). The rising popularity of convenient, ready-to-eat meals and snacks, particularly sandwiches and pizzas, fuels significant demand for Colby cheese in foodservice and retail channels. Furthermore, its smooth texture and mild flavor profile make it an ideal ingredient in processed cheese products and snack applications. Considering a global cheese market size of approximately $150 billion in 2025 (an estimated figure based on available data and market trends), and assuming Colby cheese holds a conservative 2% market share within this, we estimate a 2025 Colby cheese market size of $3 billion. A projected CAGR of 5% (a conservative estimate given the broader cheese market's growth) suggests substantial expansion through 2033, reaching approximately $4.5 billion. Geographic distribution reveals strong demand in North America, especially the United States and Canada, due to established consumption patterns and well-developed dairy industries. However, emerging markets in Asia-Pacific (particularly China and India) show increasing potential driven by rising disposable incomes and changing dietary preferences. Key players like Wisconsin Cheese, NZMP, Boar’s Head, and others compete based on quality, branding, and distribution networks. Market restraints include price fluctuations in raw milk, increased competition from other cheese types, and evolving consumer preferences toward healthier, specialty cheeses. Nevertheless, the versatility of Colby cheese in various food applications, its relatively lower price point compared to specialty cheeses, and consistent demand across established and emerging markets are expected to counteract these restraints. The market is poised for significant growth, particularly in regions experiencing expanding food processing and foodservice industries. Strategies focusing on product innovation, expansion into new markets, and value-added product lines will be crucial for achieving sustained market share. Opportunities exist in developing convenient, ready-to-eat Colby cheese products tailored to specific consumer segments, such as individually portioned snacks or cheese-based meal solutions.

Cheese Market size is growing with a valued growth rate of 5.7% in the prediction period and it crosses USD 162.42 Bn by 2032 from USD 110.11 Bn in 2025

Mozzarella: Its versatility as a melting cheese makes it indispensable in pizzas, pasta dishes, and sandwiches, driving consistent demand across various demographics.Cheddar: This classic hard cheese, with its characteristic orange hue and tangy flavor profile, remains a staple in burgers, salads, and grilled cheese sandwiches, demonstrating enduring popularity.Italian Cheese: This broad category encompasses a range of beloved cheeses such as Parmesan, Romano, and Ricotta, each playing a crucial role in authentic Italian cuisine and beyond. The diverse applications contribute to its substantial market presence.Cottage Cheese: This soft, unaged cheese, known for its grainy texture, continues to be a popular breakfast option and a versatile ingredient in salads and other dishes. Its health halo and protein content drive its growing appeal.Pepper Jack: This semi-hard cheese, characterized by its spicy kick, caters to consumers seeking bold flavors, particularly in Mexican-inspired dishes and snacks. Its unique flavor profile makes it a stand-out in the market. Recent developments include: April 2024: Lifeway Foods, Inc., a leading U.S. supplier of kefir and fermented probiotic products, announced that Good Housekeeping had named Farmer Cheese the winner in its best snack awards for 2024., April 2024: Crystal Farms Dairy Co. will introduce ten new items to the cheese aisle with such bold flavors as unique shredded blends and ghost pepper and nutritious on-the-go snacks like gouda snack cubes., March 2024: Kraft Natural Cheese, which is one of the largest dairy brands worldwide, has publicized its newest product line—Kraft Signature Shreds. It is a completely fresh approach to homemade food—one that involves using natural shredded cheese in place of processed, grated ones—so readers should expect to see this on your shelves soon.. Key drivers for this market are: Increasing demand for convenience food 26, .1 Increasing Disposable Income 26; .2 Growing Working Women Population 27; .3 Strong Performance Of Retail Sector 27; Climate change and need of sustainable agriculture 28; Easier raw material availability and efficiency in production 28; Rising demand of organic products 29; Trend of food traceability 29. Potential restraints include: Higher price of organic baby food 30, Lack of awareness about organic baby food 30; Low shelf life of organic baby food 30. Notable trends are: Increasing demand for cheese in fast food in the US is driving market growth..