How big is the cheese market | Industry Insights, Size & Forecast

Q: What is the current size and forecast of the cheese market?

The cheese market was valued at USD 168.1 billion in 2024 and is projected to reach USD 225.4 billion by 2031 at a CAGR of 4.3%.

Q: Which segments are growing the fastest in the cheese market?

Processed cheese, plant-based alternatives, and premium artisanal cheeses.

Q: What factors are driving demand in the cheese market?

Convenience food consumption, rising protein intake, and flavor innovation.

Q: What are the key challenges in the cheese market?

Price fluctuations in raw milk, health concerns over saturated fat, and storage logistics.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA5029

Publication Date: Jul 2025

How big is the Cheese Market?

According to 6Wresearch internal database and industry insights, Global cheese market was valued at approximatelyUSDâ€¯168.1â€¯billion in 2024 and is projected to reachUSDâ€¯225.4â€¯billion by 2031, growing at aCAGR of 4.3% during the forecast period.

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This growth is driven by rising demand for cheese in packaged foods, fast food chains, and growing consumption of dairy and plant-based cheese alternatives globally.

Key Growth Drivers of the Cheese Market

Rising demand of Cheese on fast food, bakery, and ready to eat segments
Increasing the market needs of protein-rich and convenient dairy products
The use of innovation related to plants-based products offerings that appeal to lactose intolerant and vegan users
Increased demand of cheese in developing countries because of increased income level and urbanization
Improvements in food quality through packaging, storage and production methods which extend shelf life of food

Cheese Market Trends

The cheese market is witnessing a noticeable shift toward artisanal, organic, and specialty cheese varieties driven by evolving consumer taste preferences. Plant based and lactose free cheeses are on the strong demand particularly among urban and health-conscious consumers. The convenience food is also becoming popular with the shredded, sliced and snack sized cheese portions being increasingly sold both in the retail as well as the food service sectors. Premium cheese offerings infused with herbs, spices, and exotic flavors are also gaining traction in gourmet and fusion cuisine markets.

Emerging Developments in the Cheese Market

Emerging developments in the cheese market include the rapid advancement of fermentation and enzyme technologies aimed at improving texture, shelf life, and nutritional content. Companies are investing in precision fermentation to produce dairy-identical proteins without animals, supporting the growing plant-based segment. There's increased adoption of AI and machine learning tools for real-time monitoring of quality and consistency in cheese production lines. Packaging innovations such as vacuum-sealed, resealable, and biodegradable materials are becoming mainstream to meet both sustainability goals and consumer convenience.