Cheese Market

By Product Type;

Natural and Processed

By Milk Source;

Cow, Goat, Buffalo, and Others

By Format;

Blocks/Wheels, Slices, Shredded & Grated, Spreads, and Cubes & Sticks

By Distribution Channel;

Retail and Foodservice

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn711727971 Published Date: September, 2025 Updated Date: October, 2025

Cheese Market Overview

Cheese Market (USD Million)

Cheese Market was valued at USD 107,313.56 million in the year 2024. The size of this market is expected to increase to USD 164,475.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.


Cheese Market

*Market size in USD million

CAGR 6.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.3 %
Market Size (2024)USD 107,313.56 Million
Market Size (2031)USD 164,475.58 Million
Market ConcentrationMedium
Report Pages319
107,313.56
2024
164,475.58
2031

Major Players

  • Almarai Co. Ltd
  • SARGENTO FOODS INCORPORATED
  • FrieslandCampina
  • Gebrüder Woerle Ges.m.b
  • Parag Milk Foods

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Cheese Market

Fragmented - Highly competitive market without dominant players


The cheese market continues to grow as consumers embrace dairy-based foods. Over 55% of overall dairy consumption comes from cheese, highlighting its widespread popularity. Its adaptability across multiple dishes, from casual meals to premium cuisine, reinforces its strong demand base.

Role in Packaged and Processed Foods
Nearly 50% of processed food recipes incorporate cheese, especially in pizzas, sandwiches, and sauces. Its melting properties, creamy texture, and distinct flavor make it indispensable for convenience food producers. This positions cheese as a critical ingredient in ready-to-eat and fast-food offerings.

Nutritional Benefits Driving Popularity
Cheese is consumed by nearly 40% of health-focused buyers due to its rich protein and calcium profile. Recognized as both a nutritious and indulgent product, it caters to consumers seeking functional benefits along with taste satisfaction. This balance strengthens its long-term market presence.

Product Innovation Enhancing Variety
Around 35% of new dairy innovations involve cheese-based formats like spreads, slices, flavored packs, and shredded options. These convenient variations are designed to suit modern lifestyles while offering variety, boosting retail and foodservice adoption alike.

Growth in Foodservice and Retail Demand
The foodservice sector contributes close to 30% of cheese usage, driven by quick-service chains and cafes. At the same time, packaged cheese remains a popular retail purchase for households. This combined demand reflects cheese’s importance in both everyday consumption and commercial foodservice.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type

    2. Market Snapshot, By Milk Source

    3. Market Snapshot, By Format

    4. Market Snapshot, By Distribution Channel

    5. Market Snapshot, By Region

  4. Cheese Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Consumption of Dairy Products

        2. Rising Demand for Convenience Foods

        3. Expansion of Fast Food Chains and Foodservice Sector

        4. Health Benefits Associated with Cheese Consumption

      2. Restraints
        1. Health Concerns and Dietary Restrictions

        2. Price Volatility of Dairy Products

        3. Regulatory Challenges and Trade Barriers

        4. Environmental Impact of Dairy Farming

      3. Opportunities
        1. Expansion into Emerging Markets

        2. Rising Demand for Organic and Natural Cheeses

        3. Innovations in Packaging and Distribution

        4. Health and Wellness Trends Driving Demand

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Cheese Market, By Product Type, 2021 - 2031 (USD Million)
      1. Natural
      2. Processed
    2. Cheese Market, By Milk Source, 2021 - 2031 (USD Million)
      1. Cow
      2. Goat
      3. Buffalo
      4. Others
    3. Cheese Market, By Format, 2021 - 2031 (USD Million)
      1. Blocks/Wheels
      2. Slices
      3. Shredded & Grated
      4. Spreads
      5. Cubes & Sticks
    4. Cheese Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Retail
      2. Foodservice
    5. Cheese Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Lactalis Group
      2. Nestlé
      3. Danone
      4. Dairy Farmers of America
      5. Arla Foods
      6. Fonterra Cooperative
      7. Saputo Inc.
      8. FrieslandCampina
      9. Kraft Heinz
      10. Bel Brands
      11. DMK Deutsches Milchkontor
      12. Glanbia plc
      13. Amul
      14. Yili Group
      15. Savencia Fromage & Dairy
  7. Analyst Views
  8. Future Outlook of the Market