Cheese Market Size to Reach USD 161.23 Billion by 2028 | » Breaking News, Latest World News Updates
Pune, India, March 08, 2023 (GLOBE NEWSWIRE) — The global cheese market size was USD 120.63 billion in 2020. The market is projected to grow from USD 123.87 billion in 2021 to USD 161.23 billion by 2028, exhibiting a CAGR of 3.84% during the forecast period (2021-2028). This information is presented by Fortune Business Insights™, in its report, titled, “Cheese Market, 2021-2028.” As per our expert analysts, the market is observing advanced growth, owing to the growing demand for varied types of cheese in several food products. The upsurge in the ingestion of fast foods, such as pizza, pasta, and burgers, has contributed to the surging demand for assortments such as mozzarella, parmesan, as well as cheddar.
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List of Key Players Covered in the Cheese Market Report
- Fonterra Co-operative Group Limited (Auckland, New Zealand)
- Royal FrieslandCampina N.V. (Amersfoort, Netherlands)
- Saputo, Inc. (Montreal, Canada)
- Winsleydale Creamery (Yokshire, U.K.)
- Dairy Farmers of America, Inc. (Kansas, U.S.)
- Lactalis International (Laval, France)
- Arla Foods Group (Viby, Denmark)
- The Kraft Heinz Company (Illinois, U.S.)
- The Ilchester Cheese Company (Ilchester, U.K.)
- Glanbia Plc (Kilkenny, Ireland )
- Chicago Mercantile Exchange (Illinois, U.S.)
Report Scope & Segmentation:
Report Coverage | Details |
Forecast Period | 2021-2028 |
Forecast CAGR | 3.84% |
2028 Value Projection | USD 161.23 Billion |
Base Year | 2020 |
Cheese Market Size in 2020 | USD 120.63 Billion |
Historical Data | 2017-2019 |
No. of Pages | 160 |
Segments Covered | By Source, By Type, By Distribution Channel, By Region |
Cheese Market Growth Drivers | Rising Admiration of Flavor Blends to Thrust Market Growth |
Report Coverage
The report offers valuable insights obtained thorough the study done by our researchers. An extensive research was conducted to provide the estimated size of the market. The data used to…
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