Global Halloumi Cheese Market Expected to Reach USD 1,785.7 Million by 2033 - IMARC Group

Global Halloumi Cheese Market Statistics, Outlook and Regional Analysis 2025-2033

The global halloumi cheese market size was valued at USD 611.0 Million in 2024, and it is expected to reach USD 1,785.7 Million by 2033, exhibiting a growth rate (CAGR) of 12.7% from 2025 to 2033.

The global halloumi cheese market is growing due to the rising demand for plant-based and dairy-free alternatives. As consumers increasingly seek healthier and more sustainable food options, the market for vegan halloumi cheese is expanding. These plant-based alternatives, made from ingredients such as coconut oil, soy, or pea protein, cater to those with dietary restrictions, including lactose intolerance, vegans, and health-conscious individuals. This shift is influenced by rising awareness of the environmental impact of dairy production and the increasing popularity of plant-based diets. For instance, according to industry reports, global veganism continues to grow, with 1% of the global population identifying as vegan, though regional adoption varies: Asia Pacific (9%), Middle East/Africa (6%), Latin America (4%), and North America/Europe (2%). Moreover, the plant-based protein market is on track to reach $33.99 billion by 2027. In the US, 3% of the population identifies as vegan. Canada has 850,000 vegans as of 2024, while the UK reports 2.5 million vegans, marking a 1.1 million increase since 2023. In Australia, 2% of the population adheres to a vegan diet, with 35% motivated by animal welfare. As a result, manufacturers are innovating to meet the demand for dairy-free halloumi options, contributing to market growth and diversifying the product offerings available to consumers.

A major driver of the global halloumi cheese market is the increasing popularity of Mediterranean and Middle Eastern cuisine. As global consumers embrace diverse culinary traditions, halloumi cheese, known for its unique texture and ability to grill or fry without melting, has gained significant traction. Moreover, its versatility in dishes such as salads, sandwiches, and appetizers has contributed to its growing appeal, particularly in Western countries where interest in Mediterranean diets is rising. For instance, in November 2024, Little Sesame exemplified the growing consumer demand for healthier, sustainable food options by launching the first-to-market Kids Hummus Cups. Available nationwide at Whole Foods and online, these 2.5oz organic, non-GMO, and kosher-certified cups are made from regeneratively grown American chickpeas, emphasizing the brand's focus on clean ingredients and environmental sustainability. Similarly, halloumi's rising popularity aligns with this health-conscious trend, being perceived as a healthier cheese alternative due to its lower fat content and higher protein levels.

Global Halloumi Cheese Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe accounted for the largest market share on account of with strong demand in countries such as Cyprus, Greece, and the UK. The region's preference for Mediterranean cuisine, along with increased consumer interest in plant-based and healthier food options, further drives the growth of halloumi cheese in both retail and foodservice sectors.

Europe Halloumi Cheese Market Trends:

Europe dominates the global halloumi cheese market, primarily due to its long-standing cultural significance in Mediterranean countries such as Cyprus, Greece, and Turkey. The growing popularity of Mediterranean cuisine and its health benefits has further fueled demand for halloumi, particularly in Western Europe. For instance, according to the US News and World Report 2024, the Mediterranean Diet has been recognized as the healthiest eating plan for the seventh consecutive year, followed by its proven health benefits to reduce the risk of heart disease, improve brain and mental health, and decrease inflammation. Additionally, the increasing adoption of plant-based diets and the rise in vegetarian and flexitarian populations are driving halloumi’s appeal as a versatile, high-protein cheese alternative. Production and strong distribution channels also play a critical role in the growth of the European market and cement its position as the leading market for halloumi cheese globally.

North America Halloumi Cheese Market Trends:

North America is witnessing growing demand for halloumi cheese, driven by increased interest in Mediterranean cuisine and healthier food options. The rise of plant-based and flexitarian diets, coupled with halloumi’s versatility in various dishes, has contributed to its popularity in the region. Retail and foodservice sectors are increasingly offering halloumi to cater to consumer preferences.

Asia-Pacific Halloumi Cheese Market Trends:

The Asia Pacific region is currently seeing a steady rise in the demand for halloumi cheese due to the increasing popularity of Western and Mediterranean cuisine in the region. This is due to the increasing consciousness of consumers on the importance of healthy living as well as the trial of new food products in the market, especially in urban regions. Development in the foodservice industry and the increased distribution of the products in the retail shops are boosting the growth of halloumi in the region.

Latin America Halloumi Cheese Market Trends:

Countries in Latin America are gradually embracing halloumi cheese due to the rising interest in international cuisines. Growing consumer interest in the Mediterranean diet supports halloumi's rise as a popular, health-conscious option. Furthermore, as more consumers adopt plant-based and dairy-free products, halloumi's consumption grows in both grocery stores and restaurants.

Middle East and Africa Halloumi Cheese Market Trends:

Mediterranean and Middle Eastern cultures, combined with health benefits, are a major factor in halloumi cheese's heightened demand in the MEA region. It is also popular for its versatility, further bolstering its use in a number of recipes and increasing its appeal among consumers. In addition, the advancement of the foodservice industry and the increasing retail distribution of halloumi products have been noticed in the region.

Top Companies Leading in the Halloumi Cheese Industry

Some of the leading halloumi cheese market companies include Almarai, Arla Foods amba, GALAKTOKOMIO A.D.S DAFNI LTD, Hadjipieris Ltd, Lefkonitziatis, NORDEX FOOD A/S, Petrou Bros Dairy Products Ltd, Sussex High Weald Dairy Ltd, WAIMATA CHEESE COMPANY and Zita Dairies Ltd., among many others. In October 2024, Almarai acquired Hammoudeh Food Industries, a dairy and cheese business in Jordan, for 263 million Saudi riyals (USD 70 million). This acquisition strengthens Almarai's position in the dairy sector in Jordan, supporting its growth strategy to expand operations and product offerings.

Global Halloumi Cheese Market Segmentation Coverage

• On the basis of the type, the market has been categorized into flavored and unflavored, wherein unflavored represent the leading segment due to its versatile use in various culinary applications. Consumers who prefer simple and authentic cheese opt for unflavored because of its mild and natural taste. Moreover, the unflavored halloumi's popularity contributes to its demand, particularly in the Mediterranean dishes, followed by its adaptability to different recipes.
• Based on the end use, the market is classified into food service and residential, amongst which residential dominates the market. The leading segment is driven by the increasing consumer demand for versatile, healthy cheese options in home cooking. Another key factor includes halloumi's popularity in household meals, combined with grilling and frying, which mounts its strong presence in kitchens, hence boosting demand in the retail and direct-to-consumer sectors.
• On the basis of nature, the market has been divided into organic and conventional. Among these, conventional accounts for the majority of the market share. The leading segment is attributed to its traditional production methods and widespread consumer acceptance. It remains the preferred choice for many, offering a familiar taste and texture that aligns with established culinary practices, particularly in Mediterranean dishes.