- Press Release -

Rockville, Md. The global cheese market is set to surpass US$ 100 Bn by 2022 on sluggish growth, according to Fact.MR. Produced from buffalo, cow, sheep and goat milk in varieties from mozzarella and feta to blue cheese and cheddar, the category leans on the enduring demand for convenient, ready-to-use food even as health and price pressures weigh on it.

Modern grocery retailers dominate distribution, unprocessed cheese leads the product mix, and North America is the most lucrative region.

Products and Channels

Unprocessed cheese holds around two-thirds of revenue and stays the sought-after product, while processed cheese grows at a similar rate and adds an absolute opportunity of over US$ 5 Bn across the period. On distribution, modern grocery retailers lead with roughly a third of revenue in 2017 and gain 36 basis points of share by 2022, with traditional grocery retailers second.

North America stays the most lucrative region through 2022, with the Middle East and Africa tracking a parallel pace.

Convenience Drives Demand

The market runs on time-pressed routines. With less time to prepare elaborate meals, consumers reach for packaged and easy options, and cheese fits neatly into quick, simple cooking. Rising numbers of working women and higher disposable incomes in developed markets reinforce that demand, even as awareness of cheese's fat content and its links to cholesterol and cardiac risk, along with rising dairy prices, holds growth in check.

Suppliers and Their Playbook

The field brings together large dairy and food companies.

• Sargento Foods Inc., Arla Foods amba, Mondelez International, Inc., Savencia SA, Fonterra Co-operative Group Limited, Almarai - Joint Stock Company, Koninklijke FrieslandCampina N.V., Associated Milk Producers, Inc., Groupe Lactalis S.A., and Gujarat Cooperative Milk Marketing Federation Ltd. are among the key players in the report.

Reading the Market for Decisions

For producers, growth favours unprocessed cheese and strong modern-retail distribution. Investors get a large market with steady, convenience-led demand tempered by health scrutiny. Procurement and retail teams can plan around modern grocery retailers leading distribution, unprocessed cheese carrying volume, and North America offering the largest opportunity through 2022.

About the Report

Fact.MR's study covers the global cheese market for the 2017 to 2022 forecast period, with segmentation by product type, sales channel and region. It sizes each segment, maps the competitive field, and weighs the consumer forces shaping demand. Further detail is available in the cheese market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.