In 2020, the global cheese market was valued at USD 72.26 billion with production recording a volume of 21.69 million metric tonnes, as compared with 20.98 million metric tonnes in 2019. It is expected that by 2026, the global cheese market will be worth approximately USD 105.93 billion growing with a CAGR of 6.81% in the period 2021-2026.
In 2020, Italy was the largest importer of cheese globally, recording a value of USD 688.59 million. France was the second largest importer of cheese recording a value of USD 561.78 million, while Germany was the third largest importer of cheese globally, recording a value of USD 553.75 million.
In 2020, in the Asian markets, Japan was the second largest consumer of cheese, recording consumption of 377K tonnes, behind China which recorded a consumption of 506K tonnes.
The COVID-19 pandemic has shifted consumer behaviours across sectors, including cheese. Overall consumers globally have been consuming more cheese at home. Being locked up for months, and even post lockdowns having limited access to travel and eating out, consumers have been cooking at home with cheese more than before. With more time at hand, consumers globally have become more conscious of the source of their cheese. Consumers have also expressed more interest in understanding the process of cheese production along with the ingredients.
Why should the report be purchased?
The report ‘Assessment of the Global Cheese Market 2021’ highlights key dynamics of the global, Italy, France, Netherlands, Germany, Japan and United States cheese sector. The current market scenario, growing opportunity in the sector and the impact of the Covid-19 global outbreak has been studied. The report contains latest views and opinions of industry leaders.
Research methodology and delivery time
The publisher has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications has been scanned and analysed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
The dispatch time for hard copies is 3 business days, as each hard copy is custom printed for the client. The delivery of hard copy can currently be impacted owing to Covid-19 logistics restrictions.
This product will be delivered within 2 business days.
