Market Size of europe cheese Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 73.97 Billion |
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Market Size (2029) | USD 91.50 Billion |
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Largest Share by Distribution Channel | Off-Trade |
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CAGR (2024 - 2029) | 4.35 % |
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Largest Share by Country | France |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Europe Cheese Market Analysis
The Europe Cheese Market size is estimated at 73.97 billion USD in 2024, and is expected to reach 91.50 billion USD by 2029, growing at a CAGR of 4.35% during the forecast period (2024-2029).
73.97 Billion
Market Size in 2024 (USD)
91.50 Billion
Market Size in 2029 (USD)
2.68 %
CAGR (2017-2023)
4.35 %
CAGR (2024-2029)
Largest Market by Distribution Channel
78.11 %
value share, Off-Trade, 2023
The availability of a wide range of products with several brand options in cheese products and the ease of free checkout and delivery options are aiding the segmental growth.
Largest Market by Country
25.31 %
value share, France, 2023
The increasing influence of Western cuisine among the consumers in France, inflated wages, and the introduction of various enhanced cheese flavors are promoting the cheese market.
Fastest-growing Market by Distribution Channel
4.66 %
Projected CAGR, Off-Trade, 2024-2029
The growth of segment in the region is largely driven with the existence of an inviting place for customers to shop, as they are constantly drawn to make large purchases.
Fastest-growing Market by Country
7.63 %
Projected CAGR, Germany, 2024-2029
Changing food preferences and an increasing number of working women in the country are expected to fuel expansion potential in the cheese market during the forecasted period.
Leading Market Player
8.33 %
market share, Groupe Lactalis, 2022
The increased processing capacities by Groupe Lactalis with innovations in the product portfolio during the study period is making the company stand out in the market.
Greater presence of supermarket and hypermarket is promoting the retailing segment in europe
- The high market share of off-trade channels is primarily driven by hypermarkets/supermarkets. Strategic product positioning, dedicated shelf space for cheese products, and the availability of local brands, along with global brands, are key factors driving cheese sales through these channels. In Europe, supermarkets/hypermarkets covered 58.45% of cheese sales, in terms of value, in 2022.
- Key supermarket and hypermarket chains have established a network of stores in different locations across the region to cover the maximum market. Some of the major operators identified in the market include Metro Group, Ahold Delhaize, Fidesco, AmazonFresh, Walmart, Tesco, REWE Group, Kaufland, and Aldi. Germany, France, and the United Kingdom hold the largest number of supermarket and hypermarket stores in the region. In 2022, three countries collectively acquired a 36.29% share in the overall cheese sales volume through supermarkets and hypermarkets in Europe.
- The online channel is projected to be the fastest-growing distribution channel as modern consumers prefer online grocery purchases due to their busy lifestyles. The increasing number of online cheese shops in response to the rising number of internet users is anticipated to drive online sales of natural cheese during the forecast period. In 2022, the share of households with internet access was recorded as 93%, up from 72% in 2011. Netherlands, France, the United Kingdom, Germany, and Italy are the countries with high penetration of internet users. Key online cheese retailers include FROMAGES.COM, The East London Cheese Board, La Gourmeta, Love Cheese, Italia Regina, and Frank and Sal. The online channel sales value is anticipated to register a CAGR of 5.15% during 2023-2029.
Understand The Key Trends Shaping This Market
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Explosive cheese consumption led by Germany, France, and Italy is fueling the growth
- Cheese has traditionally been considered the preferred outlet for milk from the European Union after local fresh-milk requirements have been met. The cheese segment acquired a market volume share of 11.20% in 2022, with a volume sales growth of 8.46% from 2017 to 2022. Cheese is an integral part of European cuisines like Italian, British, German, Greek, and French.
- Germany, France, and Italy are highly cheese-consuming countries and collectively covered 39.53% volume of the overall cheese consumed in the region in 2022. More than 400 types of cheeses are produced in Italy. Mozzarella, parmesan, and Pecorino are commonly used cheeses in regional Italian cuisines. Pizza, Balsamic di Modena, Risotto, Tortellini, Polenta, and Pesto are key Italian dishes featuring cheese either as a topping or filling.
- The fact that an average French individual consumes 26.5 kilograms of cheese per year adds to its prominence. In fact, almost 40% of people consume cheese every day, and over 95% have included it in their regular diet. The consumption of value-added dairy products like cheese is growing in the United Kingdom. This has influenced processors using raw milk delivered off farms. In 2019, the volume of raw milk going into cheese rose by 1.09 billion liters.
- Supermarkets/hypermarkets are identified as major distribution channels for cheese in Europe. The segment acquired a 44.33% share of the overall sales volume in 2022. On-trade consumption of cheese is driven by the presence of leading fast-food brands such as McDonald’s, KFC, Taco Bell, Subway, and Burger King. Burger King, a France-based fast-food restaurant chain, has more than 480 stores across France. Volume sales across on-trade channels are projected to register a CAGR of 0.73% during 2023-2029.
