Cheese Market - Global Industry Analysis

Global Cheese Market By Distribution Channel (Online, Retail Specialty Stores, Convenience Stores, and Hypermarkets), By Type (Hard & Soft Cheese, Spreadable, Block, Natural, and Processed), By Product Type (Feta, Parmesan, and Mozzarella), By Source (Plant and Animal-based Sources), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028

Published Date: 07-Mar-2022 Category: Food & Beverage Report Format : PDF Pages: 177 Report Code: ZMR-813 Status : Published

The global cheese market is likely to grow from $123.87 billion in 2021 to $161.23 billion by the end of 2028. It is likely to exhibit exponential growth with a healthy CAGR of 3.84% during the forecast period.

Description

Industry Perspective:

The global cheese market is likely to grow from $123.87 billion in 2021 to $161.23 billion by the end of 2028. It is likely to exhibit exponential growth with a healthy CAGR of 3.84% during the forecast period. The report offers a deep analysis of the growth factors, restraints, opportunities, and challenges present in the market. Also, it facilitates a comprehensive study on the production capabilities, research and development strategies, competitive landscape, and sales performance of different companies.

Cheese Market: Overview

Cheese is a highly palatable and nutritious product extracted from dairy sources. It is found in a wide range of aromas, textures, and tastes globally. At present, there are around 2000 varieties of cheese in the market. Typically, the distinction is made on the basis of raw material used, for example, the type of milk-producing animal, climatic factor, grazing process, and others. Cheese consumes one-tenth volume of milk, thereby offering a longer shelf life as compared to milk. It is highly rich in calcium, fat, minerals, proteins, etc. Furthermore, it also facilitates several health benefits like good heart health and strong bones & teeth. It also aids in the prevention of osteoporosis. Some varieties of cheese like Roquefort, parmesan, and cheddar are ideal to be consumed by milk allergic and lactose-intolerant people.

COVID-19 Impact:

The food sector was severely impacted by the outbreak of the Covid-19 pandemic, as most of the casual dining restaurants were shut down due to worldwide lockdowns. However, there has been a speedy recovery in the global cheese market due to the significant uptake in the consumption of fast food items like burgers, pizza, and pasta. Foodservice channels have also complimented the growth during the pandemic period. However, there were a number of bottlenecks in the logistics and transport area which have disrupted the product supply chains.

Global cheese market
Cheese Market: Growth Drivers

Growing working women population is driving the growth of the global market.

The growth of the global cheese market brought forth the three major channels like food manufacturers, food service, and retail distribution channels. The constantly growing women working population is expanding the scope of cheese globally. Ready-to-eat and convenience food products take less time to cook. Therefore, combining both of these factors, the market is likely to grow indefinitely in the forthcoming years. The global fast-food sector is also referred to as the quick-service restaurant industry, which is growing significantly. Cheese is witnessing exponential demand from the end-user sector as it is used as a key ingredient in a wide range of food products. The fast proliferating fast food chains like Papa John's International Inc, Pizza Hut of Young Brands, and Domino’s Pizza are further strengthening the demand in the market. Transforming lifestyle and growing dependency of people on ready-made meals owing to their hectic schedules are some of the key factors expected to fuel the growth of the market globally.

Cheese Market: Restraints

Growing health awareness among people will restrain the growth of the global market.

The surging consumer awareness regarding the ill-impacts of cheese is likely to restrain the growth of the global market. High cholesterol levels and obesity are some of the major health conditions resulting from the high consumption of processed cheese.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Cheese Market: Opportunities

Emergence of plant-based cheese alternatives is likely to open new growth avenues in the global market.

The advent of plant-based cheese alternatives is likely to create several lucrative growth opportunities in the global market. The demand for plant-based cheese alternatives can be attributed to the growing trend of veganism & higher aversion to meat and growing pricing concern regarding animal cruelty. Also, the growing awareness of people regarding clean label products is also soaring the trend of plant-based products in the market. The market players are also taking initiatives to work on sustainability principles, which in turn will also open new growth avenues in the market. Additionally, in recent years, consumers have been looking forward to trying new exotic tastes and cuisines along with the combination of cheese products like Mexican and Italian cuisines, which in turn is likely to expand the scope of the cheese market in the forthcoming years. Manufacturers are increasing the research activities to innovate products with creams and powders to capture the large market base.

Cheese Market: Challenges

Strict government regulations are a huge challenge in the global market.

Several government regulations regarding cheese manufacturing, accurate labeling, and packaging processes are likely to pose a huge challenge to the growth of the global market.

Cheese Market: Segmentation

The global cheese market can be segmented into the distribution channel, type, product, source, and region.

By distribution channel, the market can be segmented into online, retail specialty stores, convenience stores, and hypermarkets.

By type, the market can be segmented into hard & soft cheese, spreadable, block, natural, and processed.

By product type, the market can be segmented into feta, parmesan, mozzarella, and others.

By source, the market can be segmented into plant- and animal-based sources. The plant-based segment can further be bifurcated into soya, almond, cashew, and others. The animal-based segment can further be bifurcated into camel, goat, sheep, and cattle.

Recent Developments

  • Glanbia, in August 2020, acquired Foodarom. This initiative will help the company strengthen its capability in the space of flavors and nutritional solutions.
  • Brownes Dairy, in July 2020, announced the launch of traditional cheddar cheese on surging demands for products in a household on the retail platforms.

Cheese Market: Regional Landscape

Europe accounts for the largest share in the global cheese market due to the presence of major milk-producing countries in the region. Additionally, the market players involved in the foodservice sector adopt strategic promotional activities to expand the marketplace for processed cheese products.

North America is the fastest-growing region in the global market due to the high demand for clean-label dairy products in the region. Manufacturers in the region are trying to innovate lactose-free, organic, and non-GMO products to cater to the changing demands of the people.

Cheese Market: Competitive Landscape

Some of the significant players in the global cheese market include Dairy Farmers of America Inc., The Kraft Heinz Co., Arla Foods, Kerry Group Plc, Aarkay Food Products Ltd, Kanegrade Limited, FrieslandCampina, Dairiconcepts, L.P., Lactose A/S, and Land O'Lakes, Inc.

Global cheese market is segmented as follows:

By Distribution Channel

  • Online
  • Retail Specialty Stores
  • Convenience Stores
  • Hypermarkets

By type

  • Hard & Soft Cheese
  • Spreadable
  • Block
  • Natural
  • Processed

By Product Type

  • Feta
  • Parmesan
  • Mozzarella

By source

  • Plant
  • Animal

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global cheese market revenue, 2016 - 2022 (Kilo Tons) (USD Billion)
    • 2.2. Global cheese market: Snapshot
  • Chapter 3. Cheese Market – Global and Industry Analysis
    • 3.1. Cheese : Market dynamics
    • 3.2. Market drivers
      • 3.2.1. Drivers of global cheese market: Impact analysis
      • 3.2.2. Growing fast food chain
    • 3.3. Market restraints
      • 3.3.1. Restraints of global cheese market: Impact analysis
      • 3.3.2. Rising health concern
    • 3.4. Opportunities
      • 3.4.1. Growing demand from emerging economies
    • 3.5. Porter’s five forces analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by type
      • 3.6.2. Market attractiveness analysis by type
      • 3.6.3. Market attractiveness analysis by regional
  • Chapter 4. Global Cheese Market - Competitive Landscape
    • 4.1. Company market share, 2016
      • 4.1.1. Global cheese market : company market share, 2016
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Type Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Type and Regional Expansion
    • 4.3. Type Portfolio
    • 4.4. Patent Analysis (2011-2016)
      • 4.4.1. Patent Trend
      • 4.4.2. Patent Share by company
      • 4.4.3. By Region
  • Chapter 5. Global Cheese Market –Type Analysis
    • 5.1. Global cheese market: type overview
      • 5.1.1. Global cheese market revenue share, by type, 2016 - 2022
    • 5.2. Natural cheese
      • 5.2.1. Global natural cheese market, 2016 – 2022 (Kilo Tons) (USD Billion)
    • 5.3. Processed cheese
      • 5.3.1. Global processed cheese market, 2016 – 2022 (Kilo Tons) (USD Billion)
  • Chapter 6. Global Cheese Market – Product Analysis
    • 6.1. Global cheese market: product overview
      • 6.1.1. Global cheese market revenue share, by product, 2016 - 2022
    • 6.2. Mozzarella
      • 6.2.1. Global mozzarella cheese market, 2016 – 2022 (Kilo Tons) (USD Billion)
    • 6.3. Cheddar
      • 6.3.1. Global cheddar cheese market, 2016 – 2022 (Kilo Tons) (USD Billion)
    • 6.4. Feta
      • 6.4.1. Global feta cheese market, 2016 – 2022 (Kilo Tons) (USD Billion)
    • 6.5. Roquefort
      • 6.5.1. Global roquefort cheese market, 2016 – 2022 (Kilo Tons) (USD Billion)
    • 6.6. Other
      • 6.6.1. Global other cheese market, 2016 – 2022 (Kilo Tons) (USD Billion)
  • Chapter 7. Global Cheese market – Regional Analysis
    • 7.1. Global cheese market: Regional overview
      • 7.1.1. Global cheese market revenue share by region, 2016 - 2022
    • 7.2. North America
      • 7.2.1. North America cheese market revenue, by type, 2016 – 2022 (Kilo Tons) (USD Billion)
      • 7.2.2. North America cheese market revenue, by product, 2016 – 2022 (Kilo Tons) (USD Billion)
    • 7.3. Europe
      • 7.3.1. Europe cheese market revenue, by a type, 2016 – 2022 (Kilo Tons) (USD Billion)
      • 7.3.2. Europe cheese market revenue, by product, 2016 – 2022 (Kilo Tons) (USD Billion)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific cheese market revenue, by type, 2016 – 2022 (Kilo Tons) (USD Billion)
      • 7.4.2. Asia Pacific cheese market revenue, by product, 2016 – 2022 (Kilo Tons) (USD Billion)
    • 7.5. Latin America
      • 7.5.1. Latin America cheese market revenue, by type, 2016 – 2022 (Kilo Tons) (USD Billion)
      • 7.5.2. Latin America cheese market revenue, by product, 2016 – 2022 (Kilo Tons) (USD Billion)
    • 7.6. Middle East and Africa
      • 7.6.1. Middle East and Africa cheese market revenue, by type, 2016 – 2022 (Kilo Tons) (USD Billion)
      • 7.6.2. Middle East and Africa cheese market revenue, by product, 2016 – 2022 (Kilo Tons) (USD Billion)
  • Chapter 8. Company Profile
    • 8.1. Mother Dairy
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Almarai
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Bega Cheese
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Cady Cheese Factory
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Amul
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Parag Milk Foods
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Hook's Cheese Company
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. Bel Group
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Brunkow Cheese Factory
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. Bletsoe Cheese
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments
    • 8.11. Kraft
      • 8.11.1. Overview
      • 8.11.2. Financials
      • 8.11.3. Product portfolio
      • 8.11.4. Business strategy
      • 8.11.5. Recent developments
    • 8.12. Burnett Dairy
      • 8.12.1. Overview
      • 8.12.2. Financials
      • 8.12.3. Product portfolio
      • 8.12.4. Business strategy
      • 8.12.5. Recent developments
  • Chapter 9. Patents
    • 9.1. U.S. (US Patents)
    • 9.2. Europe (EP documents)
    • 9.3. Japan (Abstracts of Japan)
    • 9.4. Global (WIPO (PCT))

Table Of Figures

List of Figures

1. Cheese market segmentation
2. Global cheese market revenue, 2016 – 2022 (Kilo Tons) (USD Billion)  
3. Cheese: Market attractiveness analysis, by type 
4. Cheese: Market attractiveness analysis, by product  
5. Cheese: Market attractiveness analysis, by regional 
6. Global Cheese Market : Company Market Share, 2016 
7. Patent trend between 2011 -2016
8. Patent Share by Company between 2011 - 2016 
9. Patent Share by Region between 2011 - 2016
10. Global cheese market revenue share by type, 2016 – 2022
11. Global natural cheese market, 2016 – 2022 
12. Global processed cheese market, 2016 – 2022 
13. Global cheese market revenue share by product, 2016 – 2022
14. Global mozzarella cheese market, 2016 – 2022 (Kilo Tons) (USD Billion) 
15. Global cheddar cheese market, 2016 – 2022 (Kilo Tons) (USD Billion) 
16. Global feta cheese market, 2016 – 2022 (Kilo Tons) (USD Billion) 
17. Global roquefort cheese market, 2016 – 2022 (Kilo Tons) (USD Billion) 
18. Global other cheese market, 2016 – 2022 (Kilo Tons) (USD Billion) 
19. Global cheese market revenue share by region, 2016 - 2022


Table Of Tables

List of Tables

1. Global cheese market estimates and forecast, 2016 – 2022 (Kilo Tons) (USD Billion) 
2. Global cheese market, by region, 2016 – 2022 (Kilo Tons) (USD Billion) 
3. Global cheese market, by type, 2016 – 2022 (Kilo Tons) (USD Billion) 
4. Global cheese market, by product, 2016 – 2022 (Kilo Tons) (USD Billion) 
5. Cheese – Key market driver analysis
6. Cheese – Key market restraint analysis
7. North America cheese market revenue, by type, 2016 – 2022 (Kilo Tons) (USD Billion)  
8. North America cheese market revenue, by product, 2016 – 2022 (Kilo Tons) (USD Billion)  
9. Europe cheese market revenue, by type, 2016 – 2022 (Kilo Tons) (Kilo Tons) (USD Billion)  
10. Europe cheese market revenue, by product, 2016 – 2022 (Kilo Tons) (Kilo Tons) (USD Billion)  
11. Asia Pacific cheese market revenue, by type, 2016 – 2022 (Kilo Tons) (USD Billion) 
12. Asia Pacific cheese market revenue, by product, 2016 – 2022 (Kilo Tons) (USD Billion) 
13. Latin America cheese market revenue, by type, 2016 – 2022 (Kilo Tons) (USD Billion) 
14. Latin America cheese market revenue, by product, 2016 – 2022 (Kilo Tons) (USD Billion) 
15. Middle East and Africa cheese market revenue, by type, 2016 – 2022 (Kilo Tons) (USD Billion) 
16. Middle East and Africa cheese market revenue, by product, 2016 – 2022 (Kilo Tons) (USD Billion)

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Cheese market. Zion Research has collected and analyzed key data belong to the global Cheese market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Cheese across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Cheese industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases, and market reports

News articles, press releases, and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Cheese market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage, and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Cheese is derivate milk product with high protein content and finer taste. Cheese is prepared by curdling of milk and further fermenting it. Cheese consists of the extensive range of products which differs in texture, taste, process and origin of milk. Cheese is either prepared naturally or by adding additives and microbes. Some of the majorly consumed cheese is goat cheese, swiss cheese, vegetarian cheese, asiago cheese, cream cheese and blue cheese among others. Cheese is consumed across the globe owing to its properties such as bone strength and weight gain.

Cheese is widely used in almost every fast food to attain great taste and texture. Asian economies are extensively adopting fast food with huge cheese content coupled with radically growing fast food chain especially in India and China is expected to fuel the growth of the cheese market in near future. High protein content along with rising dietary pattern is likely to incite the growth of the cheese market in the coming years. However, rising health concerns among obese populace due to the high fat content of cheese may influence the growth of the cheese market. Nevertheless, product diversification is anticipated to provide the wide scope for the growth of the cheese market in the forecast period. Furthermore, increasing demand for dairy products to cope up with the consumer’s requirement for superior nutrition may experience healthy growth in demand for inventive cheese products. 

Global-Cheese-Market

Based on the type the cheese can be segmented as natural and processed cheese. Natural cheese seized the cheese market in 2015 due to its high nutrition content, admirable texture, and original taste. Processed cheese emerged as the potential segment owing to its several and diverse use in fast food such as the use of cheese slice in burgers, drinking cheese in pizza & tacos and among others.  Various products segments for cheese include mozzarella, cheddar, feta, Roquefort, and others. Cheddar clutched the cheese market in 2015 with remarkable market share. This was mainly attributed to its unique properties and can be processed into slice, grated, liquid and among others. Cheddar cheese possess long shelf life which makes its first preference for consumers.  

Europe governed the majority of the cheese market share in 2015 and is expected to further promote the cheese market growth in the coming years. A factor contributing to the splendid growth in Europe is massive daily consumption of cheese in this region. Cheese is the integral component in European diet, as Europeans are dependent on cheese for their protein intake. North America was the second largest cheese market in 2015. This was mainly due to the daily intake of cheese through fast food coupled with extremely expanded fast food chain in North America. U.S was the largest producer of cheese in 2015. Asia Pacific is expected to specter enormous growth in the forecast period, owing to growing trend for fast food such as pizza, burger, tacos and others, especially in India and China. Moreover, escalating dairy industry in India is anticipated to witness immense growth in the coming years.  Latin America is predicted to grow at the lucrative pace due to the rapidly rising dairy industry in Brazil. The Middle East and Africa is projected to have a decent growth in the forecast period due to the instigation of various cheese manufacturers in this region.

Some of the key players in the cheese include Mother Dairy, Almarai, Bega Cheese, Cady Cheese Factory, Amul, Parag Milk Foods, Hook's Cheese Company, Bel Group, Brunkow Cheese Factory, Bletsoe Cheese, Kraft and Burnett Dairy among others. The presence of several manufacturers in cheese market there has been intense competition among the players to sustain in the market. Product innovation is the key strategy practiced by the majority of the players to maintain their sales.

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FrequentlyAsked Questions

The growth of the global cheese market brought forth the three major channels like food manufacturers, food service, and retail distribution channels. The constantly growing women working population is expanding the scope of cheese globally. Ready-to-eat and convenience food products take less time to cook.

The global cheese market is likely to grow from $123.87 billion in 2021 to $161.23 billion by the end of 2028. It is likely to exhibit exponential growth with a healthy CAGR of 3.84% during the forecast period.

Some of the significant players in the global cheese market include Dairy Farmers of America Inc., The Kraft Heinz Co., Arla Foods, Kerry Group Plc, Aarkay Food Products Ltd, Kanegrade Limited, FrieslandCampina, Dairiconcepts, L.P., Lactose A/S, and Land O'Lakes, Inc.

Europe accounts for the largest share in the global cheese market due to the presence of major milk-producing countries in the region. Additionally, the market players involved in the foodservice sector adopt strategic promotional activities to expand the marketplace for processed cheese products.

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