Cheese Market Growth Drivers: Global Trade Agreements Impact

The global cheese market size was estimated at USD 194.6 billion in 2023 and is projected to reach USD 283.4 billion by 2030, expanding at a CAGR of 5.6% from 2024 to 2030. Growth is driven by evolving consumer tastes for diverse and exotic flavors, the rising demand for plant-based cheese, continuous product innovation, and the globalization of culinary trends.

The cheese industry is undergoing a transformation toward sustainability and efficiency, as traditional cheese-making faces scrutiny for its environmental impact. A key innovation gaining traction is the use of micellar casein—a specialized protein blend that enables eco-friendlier production by eliminating whey separation. This approach reduces costs, minimizes waste, and supports sustainability goals.

The method involves creating a stable, emulsified pre-cheese mixture, treated at high temperatures to form a glossy, white base. This technology is particularly beneficial for regions with limited dairy resources, such as Southeast Asia, the Middle East, and Sub-Saharan Africa. By integrating specialized proteins into cheese-making, the industry is moving toward a new generation of cheeses that combine taste, nutrition, and responsibility.

Micellar casein enhances protein content, water retention, heat stability, and nutritional benefits, making it a cornerstone for sustainable cheese innovation.

The plant-based cheese segment is also advancing rapidly. In March 2023, Daiya Foods, a leader in plant-based cheese alternatives, announced an investment in fermentation technology to develop products that closely replicate traditional dairy cheese. By combining modern fermentation methods with traditional cheese-making techniques, Daiya aims to narrow the gap between plant-based and dairy-based products—redefining consumer expectations in the alternative cheese category.

Key Market Trends & Insights

• Europe held the largest share at 35.16% in 2023.
• The U.S. cheese market accounted for 75% of North America’s share in 2023.
• By product, cheddar cheese dominated with 36.50% share in 2023.
• By source, animal-based cheese contributed 98.40% of revenue in 2023.
• By type, natural cheese accounted for 80.09% share in 2023.

Download a free sample PDF of the Cheese Market Intelligence Study, published by Grand View Research.

Market Performance

• 2023 Market Size: USD 194.6 Billion
• 2030 Projected Market Size: USD 283.4 Billion
• CAGR (2024–2030): 5.6%
• Europe: Largest market in 2023

Competitive Landscape

The global cheese market is fragmented, with companies actively pursuing innovation and partnerships to gain competitive advantage. Key strategies focus on catering to evolving consumer preferences for healthier, artisanal, and plant-based cheese varieties. By diversifying product portfolios and emphasizing sustainability, leading players are positioning themselves to meet the needs of specialized and health-conscious consumers.

Key Companies

• Arla Foods Group
• Fonterra Co-operative Group Ltd.
• Glanbia Plc
• Saputo Cheese USA Inc.
• Bel Brands USA, Inc.
• FrieslandCampina
• Daiya Foods, Inc.
• Kite Hill
• Lactalis International
• Sargento Foods Inc.

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Conclusion

The cheese market is experiencing steady growth, underpinned by globalization of tastes, sustainability-focused innovations, and rapid advancements in plant-based alternatives. With consumers seeking both traditional flavors and sustainable choices, the industry is well-positioned for continued expansion through technological innovation, product diversification, and responsible production practices.