The global cheese market reached a value of US$ 88.5 Billion in 2023. As per the analysis by IMARC Group, the leading companies in the cheese market are focusing on product innovations to expand their product portfolio and gain a competitive edge. As a result, they are launching truffle, beer, smoked, fruit, spicy and herb-infused variants to meet the changing consumer preferences and enhance their experiences. Leading companies are introducing low- or zero-fat cheese variants to attract health-conscious consumers. Moreover, due to the rising adoption of vegan diets, these companies are introducing vegan cheese variants that are made using plant-based ingredients, such as nuts, soy protein, nutritional yeast, natural enzymes, vegetable glycerin, and assorted bacterial cultures. The key players are investing in advertising campaigns, such as celebrity and influencer endorsements, to improve their existing sales and profitability. They are also focusing on packaging solutions, such as single slices wrapped in plastic, cheese spray, cheese spread, and squeeze tubes. In addition, the advent of 3D printing solutions by market players for creating customized cheese products with unique textures and flavors according to the requirements of the consumers. Apart from this, the rising adoption of automation and robotics by leading players to reduce labor costs and improve consistency is creating a positive outlook for the market. Looking forward, the market value is expected to reach US$ 143.5 Billion by 2032, growing at a CAGR of 5.3% during the forecast period (2024-2032).
Learn about opportunities, challenges, and trends in the global bakery fats market with IMARC’s market research report. Try a free sample today!
The global cheese market has several major players including Lactalis (The Kraft Heinz Company), Fonterra Co-operative Group Limited, FrieslandCampina, Dairy Farmers of America Inc., Arla Foods amba, and Savencia SA. More information about these companies has been provided below.
Establishment: | 1933 |
Headquarters: | Mayenne, France |
Website: | https://www.lactalis.fr/ |
Lactalis (The Kraft Heinz Company) is a leading multinational dairy products company with operations in over 100 countries. The company specializes in producing and distributing various dairy products, such as milk, cheese, yogurt, and cream. It also owns Societe, Seriously, Bridel, Santal, Pride, Valbreso, and Smeds brands. It acquired a US-based food company cheese brands of Kraft Heinz in 2020, including Breakstone’s, Polly-O, Hoffman’s, Cracker Barrel, Knudsen, and Athenos.
Establishment: | 2001 |
Headquarters: | Auckland, New Zealand |
Website: | https://www.fonterra.com/ |
Fonterra Co-operative Group Limited currently markets products in more than 140 countries and has 22,000 employees. The company generally sells its products under various brand names, such as Bega, Galaxy, Kapiti, Mainland, and Perfect Italiano. It provides a strong commitment to sustainability with a focus on reducing carbon emissions, conserving water, and protecting biodiversity.
Establishment: | 1871 |
Headquarters: | Amersfoort, Netherlands |
Website: | https://www.frieslandcampina.com/ |
FrieslandCampina is owned by more than 21000 farmers across the globe. The company offers a wider collection of cheese, ingredients, infant nutrition, dairy based beverages, cream and butter, and half-finished products. It involves some popular cheese brands, including Frico, Friesland Campina Ingredients, Parrano, Milner, Royal Hollandia, and Tuffi. It is continuously investing in various research and development (R&D) activities to improve its product quality and packaging solutions.
Establishment: | 1998 |
Headquarters: | United States |
Website: | https://dfamilk.com/ |
Dairy Farmers of America Inc. is owned by more than 11,000 dairy farmer members that sell various dairy products and offer services like milk testing, marketing, and risk management. The company also produces and markets a vast range of butter, sweetened condensed milk, cheese, and powders for retail, wholesale, and industrial purposes. It is committed to promote the wellbeing of its members, their families, and their communities. It also supports various initiatives related to education, health, and the environment.
Establishment: | 1881 |
Headquarters: | Denmark |
Website: |
https://www.arla.com/ |
Arla Foods amba manufactures and supplies numerous dairy products across the globe. The company also sells cooking products, such as sauces, fermented cooking products, salad, soups, and cooking fats and cooking ingredients. It is committed to developing innovative products and solutions that meet changing consumer preferences and contribute to a more sustainable food system. Moreover, it established the cheese manufacturing plant in Bahrain in 2019 to address the increasing demand across the Middle East and North Africa region.
Establishment: | 1956 |
Headquarters: | Viroflay, France |
Website: | https://www.savencia-fromagedairy.com/ |
Savencia SA, also known as Savencia Fromage and Dairy, and formerly known as Bongrain, produces and sells various dairy products under well-known brands, including Caprice des Dieux, Saint Albray, and Tartare. The company operates in more than 120 countries and has more than 21000 employees across the globe. It supplies milk-based nutritional and functional ingredients to the pharmaceutical, infant formula, and feed industries. It is committed to sustainable and responsible business practices to minimize carbon footprints and promote animal welfare.
About Author:
Aditi Kumar
Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels. |
Phone: +1-631-791-1145
Phone: +91-120-433-0800
Phone: +44-753-714-6104
Email: sales@imarcgroup.com
134 N 4th St. Brooklyn, NY 11249, USA
+1-631-791-1145
Level II & III, B-70, Sector 2, Noida, Uttar Pradesh 201301, India
+91-120-433-0800
30 Churchill Place London E14 5EU, UK
+44-753-714-6104
© Copyright IMARC Services Private Limited 2024. All rights reserved. Terms & Conditions | Privacy Policy | SiteMap