Cheddar Cheese Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.10 % |
| Fastest Growing Market | North America |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Cheddar Cheese Market Analysis
Global Cheddar Cheese Market is projected to grow at a CAGR of 4.1% during the forecast period (2019-2024).
- Cheddar cheese is considered a healthy, wholesome food with several nutritional attributes. Besides great taste and significantly extended shelf life, cheddar cheese contains several rich nutrients that are essential to maintain the metabolism of the human body.
- Moreover, the concentrated form of cheddar cheese is rich in high milk protein content, milk fats, minerals, and vitamins. Protein content in cheddar cheese is the most demandingflavoring ingredient in different food products, which is boosting the cheddar cheese market, globally.
Cheddar Cheese Market Trends
This section covers the major market trends shaping the Cheddar Cheese Market according to our research experts:
Increasing Consumer Preference for Natural Cheddar Cheese
Natural cheese has been dominating the overall cheese category for much of the past decade. The trend has also translated into positive growth for natural cheddar cheese. Much of this growth in the natural cheddar cheese category has been because of two overarching trends: increased consumption of cheese in the foodservice industry and increased consumption as snacking cheese. With innovative recipes and culinary trends becoming popular across the world and because of increased internationalization of continental and American cuisines, cheddar cheese consumption by the foodservice industry has seen an upswing over much of the review period. Smaller restaurants are observed to be consuming larger retail packs and this stimulates growth in the "block" form of cheddar cheese.
The product and packaging innovations by producers to enable consumption of cheese as a snack, either as-it-is or in combination with other snack ingredients is expected to boost the market for cheddar cheese over the forecast period. Coupled with these snacking trends, consumers' willingness to spend on natural, clean-label, organic and similar ingredients is projected to be an important factor impacting the growth of the natural cheddar cheese category over the forecast period.
North America Dominates the Global Market
Although the major market in the region, the United States experienced a slowdown in retail sales, the region still accounts for a major share of the global cheddar cheese market. The consumption of cheddar cheese in the region is driven by its almost ubiquitous presence in American cuisine. The snacking habit with respect to cheese has also been a prominent factor impacting positive market growth over the review period. Companies are increasingly focused on launching innovative products as cheese snacks. For instance, Dairy Farmers of America added habanero cheddar and extra sharp white cheddar to its popular brand, Borden Snack Bars.
Cheddar Cheese Industry Overview
The global cheddar cheese market is highly fragmented with global market players competing fiercely with local and regional players. The companies actively operating in this market include Arla Foods Limited, Dairy Farmers of America, Fonterra Cooperative Group, Kraft Heinz, among others.
Cheddar Cheese Market Leaders
Arla Foods Limited
Dairy Farmers of America
Fonterra Cooperative Group
Kraft Heinz Company
Koninklijke Friesland Campina N.V
*Disclaimer: Major Players sorted in no particular order
Cheddar Cheese Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Bargaining Power of Suppliers
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Threat of New Entrants
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Form
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5.1.1 Block
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5.1.2 Crumbled
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5.1.3 Spreadable
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5.2 Type
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5.2.1 Natural
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5.2.2 Processed
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5.3 Distribution Channel
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5.3.1 Supermarkets/Hypermarkets
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5.3.2 Convenience Stores
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5.3.3 Specialist Retailers
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5.3.4 Online Channel
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5.3.5 Other Channels
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5.4 Geography
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5.4.1 North America
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5.4.1.1 United States
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5.4.1.2 Canada
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5.4.1.3 Mexico
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5.4.1.4 Rest of North America
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5.4.2 Europe
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5.4.2.1 Germany
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5.4.2.2 United Kingdom
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5.4.2.3 France
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5.4.2.4 Russia
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5.4.2.5 Spain
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5.4.2.6 Italy
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5.4.2.7 Rest of Europe
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5.4.3 Asia Pacific
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5.4.3.1 China
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5.4.3.2 India
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5.4.3.3 Japan
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5.4.3.4 Australia
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5.4.3.5 Rest of Asia-Pacific
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5.4.4 South America
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5.4.4.1 Brazil
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5.4.4.2 Argentina
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5.4.4.3 Rest of South America
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5.4.5 Middle East and Africa
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5.4.5.1 Saudi Arabia
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5.4.5.2 South Africa
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5.4.5.3 Rest of Middle East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 Arla Foods Limited
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6.3.2 Fonterra Cooperative Group
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6.3.3 Dairy Farmers of America
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6.3.4 Kraft Heinz Company
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6.3.5 Koninklijke Friesland Campina N.V
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6.3.6 Savencia SA
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6.3.7 Rumiano Cheese Company
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Cheddar Cheese Industry Segmentation
The global cheddar cheese market is segmented by form, type, and distribution channel. On the basis of form, the market is segmented intoblock, crumbled, and spreadable. On the basis of type, the market is segmented into natural and processed. On the basis of distribution channel, the market is segmented intosupermarket/hypermarket, convenience stores, specialty stores, online retail stores, and other distribution channels.Also, the study provides an analysis of the cheddar cheesemarket in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
| Form | |
| Block | |
| Crumbled | |
| Spreadable |
| Type | |
| Natural | |
| Processed |
| Distribution Channel | |
| Supermarkets/Hypermarkets | |
| Convenience Stores | |
| Specialist Retailers | |
| Online Channel | |
| Other Channels |
| Geography | |||||||||
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Cheddar Cheese Market Research FAQs
What is the current Cheddar Cheese Market size?
The Cheddar Cheese Market is projected to register a CAGR of 4.10% during the forecast period (2024-2029)
Who are the key players in Cheddar Cheese Market?
Arla Foods Limited, Dairy Farmers of America, Fonterra Cooperative Group, Kraft Heinz Company and Koninklijke Friesland Campina N.V are the major companies operating in the Cheddar Cheese Market.
Which is the fastest growing region in Cheddar Cheese Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Cheddar Cheese Market?
In 2024, the North America accounts for the largest market share in Cheddar Cheese Market.
What years does this Cheddar Cheese Market cover?
The report covers the Cheddar Cheese Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Cheddar Cheese Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Cheddar Cheese Industry Report
Statistics for the 2024 Cheddar Cheese market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Cheddar Cheese analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
