Cheddar Cheese Market

Cheddar Cheese Market to reach US$ 86.5 Million by 2032; Maximum Footfalls to be in Specialty Stores: Fact.MR Study

Key Takeaways  

– In 2022, the global cheddar cheese market is estimated to have a global market size of US$ 61 Million – In 2022, the cubes segment by demography is expected to occupy a 65% market share and is expected to dominate the global market during 2022-2032. – The specialty stores sales channel segment is projected to hold a global market share of 30% in 2022 – The US market is predicted to acquire 45% of the global market share in 2022 and grow with a 3.7% CAGR during 2022-2032.

Prominent Players 

– Arla Foods Amba – Savencia SA – Fonterra Co-operative Group Limited – Koninklijke Friesland Campina N.V – Groupe Lactalis S.A – Almarai - Joint Stock Company – Associated Milk Producers, Inc. – Mondelez International, Inc. – Sargento Foods Inc. – Gujarat Cooperative Milk Marketing Federation Ltd. – Somerdale International Ltd – Rumiano Cheese

“The cheddar cheese market is significantly impacted by the expanding fast food and convenience sectors as well as new products provided by cheddar cheese manufacturers. Due to the changing lifestyles of the world's population, the fast food industry is growing quickly and in turn propelling the cheddar cheese demand globally.

Analyst View

Explore Fact.MR’s Domain Coverage On Food & Beverage