Cheese Market Price 2021-2026: Size, Share, Trends, Industry Analysis, Forecast and Research Report

According to the latest report by IMARC Group, titled "Cheese Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global cheese market reached a value of US$ 72.26 Billion in 2020.  Looking forward, IMARC Group expects the global cheese market to reach a value of US$ 105.93 Billion by 2026, exhibiting a CAGR of 6.81% during 2021-2026. Cheese refers to a dairy product prepared by coagulating the protein casein in milk. Its texture, color, and taste are determined by the origin of milk, pasteurization, bacteria, butterfat, mold, protein, aging processing, etc. Cheese has a longer shelf-life than milk and other dairy products, and it has a high content of proteins, calcium, phosphorus, fats, and other vital nutrients.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Cheese Market Trends:

The expanding food industry, along with the increasing consumption of fast-food items, particularly across the millennial and urbanized population, is primarily driving the global market for cheese. Furthermore, numerous key manufacturers are introducing a variety of products, including processed cream cheese in jars, cheese slices, cheddar cheese in tubs and cans, etc., to expand their consumer base, which is further strengthening the market growth. Additionally, the growing sales of cheese over online retail channels providing a hassle-free shopping experience, easy payment gateways, and numerous discount and cashback offers to customers is also catalyzing the global market. In the coming years, the emergence of organic and clean-labeled product variants is anticipated to further drive the demand for cheese in the coming years.

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Key Market Segmentation:                  

Competitive Landscape:                      

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Lactalis Group
• Fonterra
• FrieslandCampina
• Dairy Farmers of America
• Arla Foods
• SAVENCIA SA 

Breakup by Source:

• Cow Milk
• Buffalo Milk
• Goat Milk
• Others

Breakup by Type:

• Natural
• Processed

Breakup by Product:

• Mozzarella
• Cheddar 
• Feta
• Parmesan
• Roquefort
• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Store 
• Others

Breakup by Format:

• Slices
• Diced/Cubes
• Shredded
• Blocks
• Spreads
• Liquid
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (Germany, France, United Kingdom, Italy, Spain, Others)
• Europe (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.