Global Cheddar Cheese Market Report and Forecast 2024-2032

Global Cheddar Cheese Market Outlook

The global cheddar cheese market is expected to grow at a CAGR of 4% in the forecast period of 2024-2032.

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Natural Cheese, Obtained from Cow Milk to Bolster the Growth of the Cheddar Cheese Industry

On the basis of source, the cattle milk accounts for the largest share, as the cheddar cheese obtained from cow’s milk is consumers’ popular preference. Meanwhile, on the basis of type, the natural cheese segment accounts for a significant share in the market owing to its rising application in food items like pizza, burger, pasta, and sandwich, among others. The natural cheddar cheese melts exceptionally well. This makes it the first choice for cheese in exotic dishes. On the basis of distribution channel, supermarket and hypermarkets account for a considerable share as people now a days prefer going out for purchasing.

The Asia Pacific to Significantly Contribute to the Cheddar Cheese Industry Growth

The Asia Pacific accounts for a significant share, owing to the increasing adoption of western dietary habits, increasing disposable incomes, increasing population, and changing lifestyles especially in countries like China and India. Europe and North America, on the other hand, account for a considerable share owing to the high consumption of fast foods, such as pizza and burger.

Cheddar: Market Segmentation

Cheddar is a variety of off-white cheese, which is sharp in taste. It has a smooth texture and is a good source of calcium, vitamin K, and contains most important nutrients needed for promoting the health of bones. It is a natural cheese, which is usually made from cow’s milk and is widely purchased and eaten.

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Based on source, the market is segmented into:

• Cattle Milk
• Goat Milk
• Sheep Milk
• Others

By type, the market is segmented into:

• Natural
• Processed

Based on form, the market is divided into:

• Block
• Cubes
• Spread
• Slice
• Others

On the basis of distribution channels, the market is segmented into:

• Supermarkets/Hypermarkets
• Convenience Stores
• Specialist Retailers
• Online Channel
• Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Increasing Disposable Incomes and Rising Fast-Food Industry to Augment the Growth of the Cheddar Cheese Industry

The global cheddar cheese industry is driven by the rising popularity of fast food items such as pizza, burger, sandwiches, wraps, and tacos, among others, along with traditional recipes. Therefore, the rising demand for fast food is propelling the market growth in the forecast period. The market is further augmented by the increasing number of fast food retail outlets, coupled with the rising disposable incomes of population. Moreover, the rising consumer awareness about the benefits provided by cheddar cheese is further aiding the market in the forecast period. The healthy nutritional value of cheddar cheese, which contains vitamin K, provides energy to heart and bone. Therefore, it is considered as an extremely healthy snack and makes it a preferable food choice.

Key Industry Players in the Global Cheddar Cheese Market

The report gives a detailed analysis of the following key players in the global cheddar cheese market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Arla Food Amba 
• Lactalis Group
• Fonterra Co-operative Group
• Saputo Inc
• Dairy Farmers of America
• Gujarat Cooperative Milk Marketing Federation Ltd.
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report