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Cheese Market Size Worth USD 356.52 Billion by 2034
Cheese Market Size Worth USD 356.52 Billion by 2034

Yahoo

time2 hours ago

  • Business
  • Yahoo

Cheese Market Size Worth USD 356.52 Billion by 2034

According to Towards FnB, the global cheese market size is calculated at USD 216.47 billion in 2025 and is predicted to hit around USD 356.52 billion by 2034, expanding at a CAGR of 5.7% during the forecast period from 2025 to 2034. Rising demand for artisanal flavors, plant-based options, and convenient formats is fueling consumption across traditional and fast-food cuisines worldwide. Ottawa, July 16, 2025 (GLOBE NEWSWIRE) -- The global cheese market size surpassed USD 204.80 billion in 2024. The market is rising from its current value of nearly USD 216.47 billion in 2025 to nearly USD 356.52 billion by 2034, growing at a CAGR of 5.7% over the forecast period from 2025 to 2034, according to study published by Towards FnB, a sister firm of Precedence Research. The market is experiencing rapid growth due to its widespread use in various cuisines, including Mexican and Italian cuisine. The product is also used in different forms of fast food options. Hence, the market is observing huge growth along with a huge consumer base of people of different age groups. Access the Full Study Instantly | Download Sample Pages of the Report Now@ Market Overview The cheese market is expanding at a huge pace due to multiple reasons contributing to the growth of the market. Consumer awareness about the nutritional benefits of milk-based products has led to the growth of the cheese market globally. Cheese is also used in different types of traditional cuisines and fast-food options due to its versatility. Hence, such promoting factors also help in the growth of the market. In emerging markets like Southeast Asia and Latin America, the incorporation of cheese in QSR menus is further accelerating demand. High usage of cheese in different types of convenient food options and traditional cuisines is helping the market grow in various regions. The high demand for cheese due to its nutritional benefits and availability in different flavors is also helping the expansion of the market. The availability of different types of cheeses in different quantities on multiple e-commerce platforms is also one of the major reasons for the growth of the cheese market globally. Product Innovation: Market's Largest Potential Today major percentage of the population is observed as lactose-intolerant. Hence, for such consumers, product innovation is a major factor that helps in the growth of the cheese market. The availability of lactose-free and organic cheese helps to retain such consumers and provides them with favorable options. Today, nearly 68% of the global population is estimated to have some degree of lactose intolerance, with higher prevalence in Asia, Africa, and South America. Plant-based and vegan cheese helps to attract consumers following veganism to provide them with an ideal option. Such innovation helps to enhance the market's growth. Key Highlights of Cheese Market By region, Europe dominated the cheese market with the highest market share of 36% in 2024, due to the high consumption of products by consumers in the region along with steady export demand for the product as well. By region, North America is expected to be the fastest growing region due to the availability of different varieties of cheese attracting a huge consumer base of the region. By product type, the cheddar cheese segment led the market with maximum market share of 37% in 2024, due to its rich and creamy texture making it a highly used product for different dishes. By product type, the mozzarella cheese segment is observed to be the fastest-growing segment in the foreseen period due to its best pairing with hot pizzas and stretchy texture. By source type, the animal-based cheese segment registered the largest market share of 99% in 2024 whereas the plant-based cheese segment is expected to grow at the fastest rate in the foreseen period. By type, the natural cheese segment dominated the market in 2024, and the processed cheese segment is observed to grow notably in the expected timeframe. By distribution channel, the B2C segment dominated the with maximum market share of 51% in 2024 and the B2B segment is observed to grow notably in the forecast period. Global Cheese Industry Coverage: Countries Annual Consumption of Cheese in 1000 metric tons (in year 2024) Europe 9,500 U.S 6,178 Russia 1,440 Brazil 837 U.K 765 Mexico 664 Canada 581 Australia 380 Argentina 365 Japan 302 China 203 The table above represents the data of cheese consumed in different countries in 1,000 metric tons in 2024. The table reflects that Europe had the highest consumption of 9,500 metric tons due to the availability of different types of cheeses and its high usage in the region. China reflected the lowest usage due to the country's inclination towards plant-based and organic products. Gain Comprehensive Market Insights – Download the Full Databook Today: New Trends in the Cheese Market The rising disposable income of consumers is leading to the growth of the cheese market in the form of high demand for different types and flavors of cheeses. The high demand for flavour-infused cheeses has also helped in the growth of the market. Cheese brands providing cheeses in sustainable packaging are highly preferred by consumers. Hence, such eco-friendly acts are also helping the growth of the market. Government initiatives to promote local cheese production in different regions have also helped in the growth of the cheese market. Germany & France to Remain Major Contributor in Cheese Market: What to Expect in Europe? Germany and France have long held dominant positions in the global cheese market, both in terms of production and consumption. According to the European Commission and Statista, Germany is the largest cheese producer in Europe, producing over 2.3 million metric tons of cheese in 2023, accounting for nearly 22% of total EU cheese production. France follows closely, producing 1.8 million metric tons, representing approximately 17% of the EU's output. In terms of consumption, France ranks among the highest globally, with the average French consumer eating around 26.6 kg of cheese per year, compared to 24.6 kg in Germany, as per OECD food data (2023). Both nations also play key roles in cheese exports, with Germany being Europe's top cheese exporter by volume, shipping over 1.3 million metric tons annually, primarily to other EU countries and growing markets like the U.S. and China. What are the tech advancements improving lactose-free cheese taste and texture? Texturizing Agents & Functional Starches Innovations in natural hydrocolloids, plant-based gums (e.g., guar, xanthan), and modified starches help replicate the stretch and creaminess of cheese. These are particularly useful in plant-based or vegan lactose-free cheeses. Fat Replacers and Lipid Structuring Use of plant-based fats like coconut oil or structured fats to mimic dairy lipids helps improve mouthfeel and meltability in lactose-free alternatives. Aging Simulation Technologies Enzyme and culture combinations are now used to simulate aged cheese characteristics (like in cheddar or gouda), reducing time and improving consistency. Market Dynamics What are the Drivers of the Cheese Market? There are multiple factors helpful for the growth of the cheese market globally. The rising demand for cheese available in different flavor options and its nutritional benefits are the major factors aiding the growth of the market. Cheese is also an essential ingredient in different traditional cuisines and fast food options. Hence, there is also high demand in various regions helping the market's growth. The high availability of cheese on various e-commerce platforms in different flavor options and quantities is also helping the growth of the market. It allows consumers to buy the product easily at the convenience of sitting at home. What are the Challenges Restraining the Growth of the Cheese Market? A few issues act as hurdles in the growth of the cheese market in some regions. Health concerns are one of the major barriers to the growth of the market as some cheeses are high in saturated fats and salt. Hence, health-conscious consumers become skeptical before opting for product consumption. Veganism, lactose intolerance, and a few religious barriers are also some of the issues faced by the cheese market in its growth. Cheese Market Regional Analysis Europe Led the Cheese Market in 2024 Cheese holds a huge significance in European food culture and hence the region dominated the market in 2024. The region led the market due to the high demand for cheese in the region along with steady export of the product as well. Countries like Germany, Netherlands, Poland, France, and Italy play a major role in producing cheese and its export by European region. It is an important part of the European dairy segment hence the region held a huge importance in the cheese market in 2024. North America is observed to grow at the fastest rate during the forecast period. The availability of different types of cheeses easily to consumers is fuelling cheese market growth in North America. Hence, the region is observed to be the fastest-growing in the forecast period. A variety of cheeses such as hard cheese, soft cheese, blue cheese, artisanal cheese, and various other forms allow consumers to choose as per their preferences and help the growth of the market. The U.S. plays a major role in the growth of the cheese market in North America. Market Report Scope Report Attribute Key Statistics Base Year 2024 Forecast Period 2025 to 2034 Growth Rate from 2025 to 2034 CAGR of 5.7% Market Size in 2024 USD 204.80 Billion Market Size in 2025 USD 216.47 Billion Market Size by 2034 USD 356.52 Billion Dominated Region Europe Fastest Growing Region North America Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa Have Questions? Let's Talk—Schedule a Meeting with Our Insights Team: Cheese Market Segmental Analysis Product Analysis The cheddar cheese segment led the market with the highest CAGR in 2024. The type of cheese is highly used in various traditional cuisines and fast-food options due to its rich and creamy texture. The product is highly used in different food options such as pizzas, pasta, burgers, and sandwiches, helping the market grow. The availability of different flavor options also helps the growth of the market. The mozzarella cheese segment is observed to grow at a notable pace in the forecast period. The melting and stretching properties of mozzarella cheese make it a highly demanded-product in the pizza-making domain. Hence, it helps in the growth of the market making it a growing segment in the forecast period. The multiple health benefits of mozzarella cheese such as low sodium and the presence of gut-friendly bacteria also help in the growth of the market. Source Analysis Rising demand for dairy and dairy products helped in the growth of animal-based cheese further fuelling the growth of the market. Usually, cow's milk is utilized for manufacturing animal-based cheese. Hence, the nutritional properties of the product help in the growth of the cheese market. The plant-based cheese segment is expected to grow at the fastest rate during the foreseen period. Lactose intolerance and veganism have led most of the consumers to opt for dairy-free substitutes. Hence, to retain such consumers for the growth of the market, manufacturers provide plant-based cheese as a dairy substitute. Hence, the segment is expected to grow at the fastest rate in the foreseen period. Type Analysis Veganism, plant-based options, and rising demand for natural food options for health led the natural cheese segment to dominate the market in 2024. Consumers preferred to opt for fresh and natural cheese for enhanced health benefits. Hence, the segment fuelled the growth of the cheese market. The processed cheese segment is observed to grow notably in the expected timeframe. Hectic life schedules, and practical and economical options, are helping the growth of the processed cheese segment in the foreseen period. Consumers today prefer to opt for convenience food options with a higher shelf life to support their hectic schedules. Hence, the processed cheese segment consisting of cheese with a creamy texture and with a longer shelf life is aiding the growth of the cheese market in the expected timeframe. Distribution Channel Analysis The B2C distribution channel dominated the market in 2024. B2C marketing allows industries to connect directly with their consumer base and hence the segment dominated the market in 2024. It helps industries to convey their product and the message accordingly to their consumers directly. Hence, it also fuelled the growth of the cheese market. It also helped companies to understand consumer demands with first-hand information and make progressive decisions accordingly. The B2B distribution channel is expected to grow at the fastest rate during the foreseen period. Improving the sector of food and beverage leading to high demand for different types of cheeses is helping the growth of the B2B segment in the foreseen period. Events inclusive of cheese manufacturers, distributors, and importers help in the growth of the segment by allowing enhanced relationships and high business opportunities. Hence, the B2B segment with its fastest growth is also helping the growth of the cheese market in the forecast period. Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Additional Topics Worth Exploring: Shortening Market: The global shortening market size is expected to grow from USD 5.42 billion in 2025 to USD 7.85 billion by 2034, at a CAGR of 4.2% over the forecast period from 2025 to 2034. Food Premix Market: The global food premix market size is projected to expand from USD 8.21 billion in 2025 to USD 15.48 billion by 2034, growing at a CAGR of 7.3% during the forecast period from 2025 to 2034. Fast Food Market: The global fast food market size is projected to touch from USD 863.81 billion in 2025 to USD 1,340.06 billion by 2034, reflecting a CAGR of 5% over the forecast period from 2025 to 2034. Infant Formula Foods Market: The global infant formula foods market size is projected to rise from USD 100.45 billion in 2025 to USD 240.75 billion by 2034, growing at a CAGR of 10.2% during the forecast period from 2025 to 2034. Resistant Dextrin Market: The global resistant dextrin market size is projected to witness strong growth from USD 0.45 billion in 2025 to USD 0.92 billion by 2034, reflecting a CAGR of 8.2% over the forecast period from 2025 to 2034. Spirulina Market: The global spirulina market size is expected to grow from USD 0.74 billion in 2025 to USD 1.69 billion by 2034, at a CAGR of 9.5% over the forecast period from 2025 to 2034. Pectin Market: The global pectin market size is projected to expand from USD 1.91 billion in 2025 to USD 3.57 billion by 2034, growing at a CAGR of 7.2% during the forecast period from 2025 to 2034. Top Companies in the Cheese Market Arla Foods Dairy Farmers of America Saputo Inc. Fonterra GROUPE LACTALIS FrieslandCampina Great Lakes Cheese The Kraft Heinz Company BelGioioso Cheese Britannia Industries Recent Developments in the Cheese Market In July 2025, Lindahls launched its new range of protein-rich products inclusive of cottage cheese, gouda slices, greek cheese, protein milk in fat-free variants, and flavored protein milk. The company targets the 45+ age of customers who exercise regularly and are looking for fat-free options. (Source- In March 2025, Paras Dairy announced its launch of 'Galacia Cheese' in New Delhi, India. The company promises superior quality products and a premium experience for its customers with the launch. (Source- Segments Covered in the Report By Product Cheddar Mozzarella Parmesan Blue Cheese Others By Source Animal-based (Cow Milk Cheese, Goat Milk Cheese, Sheep Milk Cheese) Plant-based (Soy-based, Cashew-based, Almond-based, Coconut-based) Others By Type Natural Processed (Slices, Block, Spreads) Others By Distribution Channel B2C/Retail (Hypermarkets & Supermarkets, Specialty Stores, Online, Others) B2B (Food Service) Food & Beverage Processing (Snacks, Sauces, Dressings, Dips, & Condiments, Bakery & Confectionery, Ready Meals, Others) By Region North America U.S. Canada Asia Pacific China Japan India South Korea Thailand Europe Germany UK France Italy Spain Sweden Denmark Norway Latin America Brazil Mexico Argentina Middle East and Africa (MEA) South Africa UAE Saudi Arabia Kuwait Thank you for exploring our insights. For more targeted information, customized chapter-wise sections and region-specific editions such as North America, Europe, or Asia Pacific—are also available upon request For Detailed Pricing and Tailored Market Report Options, Click Here: Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Unlock expert insights, custom research, and premium support with the Towards FnB Annual Membership. For USD 495/month (billed annually), get full access to exclusive F&B market data and personalized guidance. It's your strategic edge in the food and beverage industry: About Us Towards FnB is a global consulting firm specializing in the food and beverage industry, providing innovative solutions and expert guidance to elevate businesses. With an in-depth understanding of the dynamic F&B sector, we deliver customized market analysis and strategic insights. Our team of seasoned professionals is committed to empowering clients with the knowledge needed to make informed decisions, ensuring they stay ahead of market trends. Partner with us as we redefine success in the rapidly evolving food and beverage landscape, and together, we'll navigate this transformative journey. Our Trusted Data Partners Precedence Research | Statifacts | Towards Packaging | Towards Chemical and Materials| Nova One Advisor For Latest Update Follow Us: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Atlantic Grupa sells sandwich unit Montana Plus
Atlantic Grupa sells sandwich unit Montana Plus

Yahoo

time4 hours ago

  • Business
  • Yahoo

Atlantic Grupa sells sandwich unit Montana Plus

Atlantic Grupa, the Croatia-based food and drinks manufacturer, has agreed to sell its Montana Plus sandwich operations to local businessman Marko Gross. Financial terms were not disclosed. In a statement, the Zagreb Stock Exchange-listed company said the sale is in line with its strategy to focus on the 'development of key product categories and the disinvestment of non-core' businesses. "As part of this process, that has been ongoing since 2018, sports and baby food, nutritional supplements and cosmetics business[es] have been disinvested," Atlantic Grupa added. In 2020, the company sold its Bebi baby-food brand to Nelt Grupa in Serbia. And in 2019, Atlantic Grupa let go of the sports nutrition and functional food arm, including the Multipower, Champ and Multaben brands. They were sold to Germany's Genuport. The sandwich deal struck with Mr Gross includes the Montana brand, assets and all the employees. Montana Plus produces and distributes so-called triangle sandwiches and extended-shelf-life sandwiches. According to its website, the sandwich maker employs 32 people, and its products are available at around 1,000 retail outlets in Croatia. Atlantic Grupa, which has owned Montana Plus since 1998, said that post deal the company has entered an agreement with Mr Gross for the sale and distribution of sandwiches. Atlantic Grupa said his 'extensive experience in the marketing, sales and production segment serves as an excellent basis for further strategic development and stronger expansion of the Montana brand portfolio, improvement of the position in the on-the-go category, and thus the development of the entire category'. Headquartered in Zagreb, Atlantic Grupa's portfolio also includes snack brands such as Smoki, Najlepše Zelje, and Bananica, along with the savoury spread brand Argeta. In drinks, it includes the Grand Kafa and Barcaffe coffee brands, as well as Cockta and Cedevita in soft beverages. The group also owns the natural mineral water line Donat. Apart from Croatia, Slovenia, and Serbia, Atlantic Grupa distributes its products in Austria, North Macedonia and Russia. In the first quarter of 2025, the company achieved sales of €259.9m ($301.8m), marking a 9.8% increase from the same timeframe in the previous year. However, EBITDA fell 8.7% to €23m, while EBIT dropped 29% to €10.3m. Similarly, net profit decreased by 38.4% to €6.1m. In the food segment, sales of savoury spreads rose by 19.5% to €42.7m, while snacks saw an increase of 2.1% to €31m. For the 2024 financial year, Atlantic Grupa reported sales of €1.08bn (+10.9%), EBITDA of €97m (+12%) and EBIT of €45.8m (+2.5%). Net profit, however, dropped 15.2% to €26.5m. "Atlantic Grupa sells sandwich unit Montana Plus" was originally created and published by Just Food, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Emma Chung: How anyone can make Chinese food easily at home
Emma Chung: How anyone can make Chinese food easily at home

BreakingNews.ie

time6 hours ago

  • Entertainment
  • BreakingNews.ie

Emma Chung: How anyone can make Chinese food easily at home

It was Shanghainese spring onion oil noodles that catapulted Emma Chung to TikTok success four years ago. 'It's a fragrant oil that you make by frying spring onions and mixed with noodles, it's really easy! It's five ingredients in the whole dish,' says the now Hong Kong-based chef and content creator. 'I just casually posted, not even telling anyone.' Advertisement Chung, 28, who posts under @ had spent her life in food already though, working as a recipe developer for a food box company and teaching at London's School Of Wok. With Hong Kong parentage, she moved to Shanghai at the age of five. 'So I actually lived more in Shanghai than I did in Hong Kong, however I've always felt really tied to my Cantonese roots, to my Hong Kong family.' (Emma Chung/PA) Her food is heavily influenced by both areas. 'They're really different,' says Chung. 'I would say Shanghainese food is a little bit sweeter overall, we use more dark soy sauce, so dishes tend to have that dark brown colour. Because it gets quite cold in the winter, it's heartier than Cantonese food, it's quite filling, you've got braised meats, delicious noodles and rice dishes. 'In Hong Kong, dishes are lighter in flavour, a lot of seafood, dishes are often steamed.' Advertisement Chung remembers her grandmother ('the best cook I've known') rustling up all her meals on a small electric stove in a tiny kitchen, with tools hung everywhere and meat drying at the windows. 'The dish I miss the most when I'm away from home is her stir-fried greens. I also really remember her doing a whole steamed fish in a massive wok. They'd be 20 of us [eating] in this tiny flat and this boiling hot dish of steamed fish coming out.' Chung's debut cookbook, Easy Chinese Food Anyone Can Make, aims to prove that forgoing your local takeaway in favour of home cooking is a lot more simple and accessible than you might think. Think easy weeknight dinners like ketchup prawns, to takeaway classics like sweet and sour pork and beef chow fun, and sticky mango rice for pudding. View this post on Instagram A post shared by Emma Chung (@ So what's her advice for beginners to the cuisine at home? Get four basics in your pantry According to Chung, all you need is a light soy sauce, a dark soy sauce, sesame oil and oyster sauce. 'A light soy sauce is going to be very salty, it adds a bit of seasoning. Dark soy sauce gives it that lovely golden brown colour – when we think of a really delicious stir-fry noodle that has a dark brown colour, that's what's giving it its colour. Sesame oil has a really delicious nutty taste. Advertisement 'Oyster or mushroom sauce [for a plant-based alternative], they taste really similar, adds a nice salty taste to your food that's different to a light soy sauce. From those few basic sauces, you can make so many different types of dishes, says Chung. 'When I go to my grandmother's kitchen, when I look at her pantry, she's literally got four large bottles.' Stop buying packet supermarket stir-fry sauces 'It's just a mixture of sesame oil, light or dark soy, maybe sugar, maybe a few other things to make it taste a little bit better. I would say if you just had those basic ingredients yourself, it's going to taste a lot better, a lot fresher, and probably be a lot healthier than when you buy those packaged ingredients with things that you don't even know what's in it – same as if you were buying like a jar of pasta sauce from the aisles. 'Start with a little bit [of each thing] and you can always add a little bit more.' Advertisement It's likely to work out cheaper in the long-run too. View this post on Instagram A post shared by Emma Chung (@ Start with fried rice – but don't over-stir A Chinese fried rice dish is usually made of 'the most basic of ingredients', says Chung, 'some maybe you already have at home – it's an amazing way to transform a very simple ingredient, or leftovers. 'I always have lots of different things lying around the fridge, like a half-chopped courgette, or like the end of a spring onion. It's a great way to use what you already have and transform it into something that tastes really different. 'If you get that technique right (you don't necessarily need a wok), it can go from a kind of average fried rice to really, really good fried rice.' Advertisement Chung, who taught at London's School of Wok for many years, says the pan needs to be very hot – and not to mix it around too much. 'I've taught many fried rice dishes. Almost every class had some kind of fried rice. What I saw all the time were just people constantly mixing it, and when you mix it so much, it's almost like you're breaking the grains of the rice. And so that's why it gets wet and a little bit mushy.' 'With risotto, they encourage you to continually stir it because you want to break up the grains of rice, you want to kind of release some of that starch. But in the fried rice, that's not what you want. So I would say actually the best tip is to actually not do so much and just let it cook in the pan.' Make your own dumplings – with minimal pleats Chinese dumplings or wontons are easier to make than we might think, says Chung. 'Making any type of dough, whether you're baking or making pasta, can seem daunting. But I think once you try it a few times, and then you get familiar with how the dough feels – it becomes really easy.' In Chinese restaurants you'll see wontons with many pleats, she notes, but that's just 'a plus'. 'The most basic dumpling, when you go to dumpling stalls in Shanghai, they're doing the most basic fold because they have to make a hundred a day. They're not going to bother sitting there making 10, 12, 14 pleats on each dumpling, they're just squeezing it, sealing it shut and then moving on to the next one.' Her best tip for filling dumplings is to cook a little bit to taste it, before putting the rest of the mixture inside. 'Like you would if you were making meatballs at home to make sure the seasoning is right. Just cook off a small bit.' Chop everything before you start cooking 'With Chinese food, everything happens quite quickly. Often, things are being stir-fried within 10-15 minutes. So I would say, make sure you have everything that you need ready and measured out right by you for the very beginning. And if you need garlic, ginger, spring onions or peppers, have that all already chopped.' (Ebury/PA) Easy Chinese Food Anyone Can Make by Emma Chung is published in hardback by Ebury Press. Photography by Ola Available July 24th.

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