1 INTRODUCTION 20
1.1 OBJECTIVES OF THE STUDY 20
1.2 MARKET DEFINITION 21
1.3 STUDY SCOPE 22
FIGURE 1 CHEESE MARKET SEGMENTATION 22
1.3.1 INCLUSIONS AND EXCLUSIONS 22
1.4 REGIONS COVERED 23
1.5 PERIODIZATION CONSIDERED 23
1.6 CURRENCY CONSIDERED 24
TABLE 1 USD EXCHANGE RATES CONSIDERED, 2017-2020 24
1.7 VOLUME UNIT CONSIDERED 24
1.8 STAKEHOLDERS 25

2 RESEARCH METHODOLOGY 26
2.1 RESEARCH DATA 26
FIGURE 2 CHEESE MARKET: RESEARCH DESIGN 26
2.1.1 SECONDARY DATA 27
2.1.1.1 Key data from secondary sources 27
2.1.2 PRIMARY DATA 27
2.1.2.1 Key data from primary sources 28
2.1.2.2 Breakdown of primaries 28
2.1.2.3 Key primary insights 29
2.2 MARKET SIZE ESTIMATION 30
2.2.1 APPROACH ONE - BOTTOM-UP (BASED ON CHEESE TYPES, BY REGION) 30
2.2.2 APPROACH TWO - TOP-DOWN (BASED ON THE GLOBAL MARKET) 31
2.3 DATA TRIANGULATION 32
FIGURE 3 DATA TRIANGULATION METHODOLOGY 32
2.4 ASSUMPTIONS FOR THE STUDY 33
2.5 LIMITATION AND RISK ASSESSMENT OF THE STUDY 34
2.6 MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19 34
2.6.1 OPTIMISTIC SCENARIO 34
2.6.2 REALISTIC & PESSIMISTIC SCENARIO 34
2.6.3 SCENARIO-BASED MODELLING 35
2.7 COVID-19 HEALTH ASSESSMENT 35
FIGURE 4 COVID-19: GLOBAL PROPAGATION 35
FIGURE 5 COVID-19 PROPAGATION: SELECT COUNTRIES 36
2.8 COVID-19 ECONOMIC ASSESSMENT 37
FIGURE 6 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 37
2.8.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT 38
FIGURE 7 CRITERIA IMPACTING GLOBAL ECONOMY 38
FIGURE 8 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY 39

3 EXECUTIVE SUMMARY 41
TABLE 2 CHEESE MARKET SNAPSHOT, 2021 VS. 2026 41
FIGURE 9 IMPACT OF COVID-19 ON THE CHEESE MARKET SIZE, BY SCENARIO, 2020 VS. 2021 (USD BILLION) 42
FIGURE 10 CHEESE MARKET SIZE, BY TYPE, 2021 VS. 2026 (USD BILLION) 42
FIGURE 11 CHEESE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2021 VS. 2026 (USD BILLION) 43
FIGURE 12 CHEESE MARKET SIZE, BY NATURE, 2021 VS. 2026 (USD BILLION) 43
FIGURE 13 CHEESE MARKET SHARE (VALUE), BY REGION, 2021 44

4 PREMIUM INSIGHTS 45
4.1 ATTRACTIVE OPPORTUNITIES IN THE CHEESE MARKET 45
FIGURE 14 GROWTH IN THE FAST-FOOD INDUSTRY AND RISE IN INFLUENCE OF WESTERN CUISINES ACROSS THE GLOBE TO PROPEL THE MARKET 45
4.2 EUROPE: CHEESE MARKET, BY KEY DISTRIBUTION CHANNEL & COUNTRY 46
FIGURE 15 RETAIL SEGMENT AND GERMANY ACCOUNT FOR THE LARGE SHARES IN THE EUROPEAN MARKET IN 2020 46
4.3 CHEESE MARKET, BY PRODUCT TYPE 46
FIGURE 16 CHEDDAR SEGMENT TO DOMINATE THE CHEESE MARKET DURING THE FORECAST PERIOD 46
4.4 CHEESE MARKET, BY DISTRIBUTION CHANNEL & REGION 47
FIGURE 17 EUROPE TO DOMINATE THE MARKET FOR CHEESE DURING THE FORECAST PERIOD 47
4.5 CHEESE MARKET, BY TYPE 48
FIGURE 18 CHEESE PRODUCT TO DOMINATE THE CHEESE MARKET DURING THE FORECAST PERIOD 48
4.6 CHEESE MARKET, BY SOURCE 48
FIGURE 19 ANIMAL SEGMENT TO DOMINATE THE CHEESE MARKET DURING THE FORECAST PERIOD 48
FIGURE 20 COVID-19 IMPACT ON THE CHEESE MARKET: COMPARISON OF PRE-AND POST-COVID-19 SCENARIOS 49

5 MARKET OVERVIEW 50
5.1 INTRODUCTION 50
5.2 MACROECONOMIC INDICATORS 50
5.2.1 GROWTH OPPORTUNITIES IN DEVELOPING REGIONS, SUCH AS ASIA PACIFIC AND SOUTH AMERICA 50
FIGURE 21 GDP GROWTH RATE IN ASIAN COUNTRIES, 2020-2021 51
5.2.2 INCREASING POPULATION DENSITY 51
TABLE 3 GLOBAL POPULATION DENSITY, 2019 51
FIGURE 22 POPULATION GROWTH TREND, 1950-2050 52
5.2.3 EFFECTS OF RAPID URBANIZATION AND WESTERNIZATION 52
FIGURE 23 MOST URBANIZED COUNTRIES, 2020 52
5.3 MARKET DYNAMICS 53
FIGURE 24 MARKET DYNAMICS: THE CHEESE MARKET 53
5.3.1 DRIVERS 53
5.3.1.1 Growing fast-food industry 53
FIGURE 25 RESTAURANT & FOODSERVICE INDUSTRY SALES, 2019-2021 54
5.3.1.2 Rising influence of western cuisines across the world 54
5.3.2 RESTRAINTS 55
5.3.2.1 Rising concern over the adverse health effects of cheese consumption 55
FIGURE 26 PERCENTAGE OF THE US POPULATION WITH MULTIPLE CHRONIC ILLNESSES, 2017 55
5.3.3 OPPORTUNITIES 56
5.3.3.1 Emergence of plant-based cheese alternatives 56
5.3.3.2 Growth of the cheese market in emerging economies 56
FIGURE 27 EU CHEESE EXPORTS TO JAPAN (‘000 TONS) 56
FIGURE 28 PER CAPITA GDP (USD), BY COUNTRY, 2019 57
FIGURE 29 PER CAPITA CONSUMPTION OF CHEESE IN ASIAN AND SOUTH AMERICAN COUNTRIES, 2018-2020 (KILOGRAMS) 57
5.3.4 CHALLENGES 58
5.3.4.1 Regulatory influence 58
5.4 IMPACT OF COVID-19 ON MARKET DYNAMICS 58
5.4.1 COVID-19 IMPACT ON THE CHEESE SUPPLY CHAIN 58

6 INDUSTRY TRENDS 59
6.1 INTRODUCTION 59
6.2 VALUE CHAIN 59
6.2.1 RAW MATERIAL SOURCING 59
6.2.2 MANUFACTURING OF CHEESE 59
6.2.3 QUALITY AND SAFETY CONTROLLERS 60
6.2.4 PACKAGING 60
6.2.5 MARKETING & DISTRIBUTION 60
6.2.6 END-USE INDUSTRY 60
FIGURE 30 VALUE CHAIN ANALYSIS OF THE CHEESE MARKET: MANUFACTURING AND QUALITY & SAFETY CONTROLLERS KEY CONTRIBUTORS 60
6.3 TRADE DATA: CHEESE MARKET 61
6.3.1 PROCESSED CHEESE 61
TABLE 4 TOP 10 IMPORTERS AND EXPORTERS OF PROCESSED CHEESE, 2018 (KG) 61
6.3.2 PROCESSED CHEESE 61
TABLE 5 TOP 10 IMPORTERS AND EXPORTERS OF PROCESSED CHEESE, 2019 (KG) 61
6.3.3 PROCESSED CHEESE 62
TABLE 6 TOP 10 IMPORTERS AND EXPORTERS OF PROCESSED CHEESE, 2020 (KG) 62
6.4 PRICING ANALYSIS: CHEESE MARKET 62
TABLE 7 GLOBAL CHEESE AVERAGE SELLING PRICE (ASP), BY TYPE, 2019-2021 (USD/TONS) 62
TABLE 8 GLOBAL CHEESE AVERAGE SELLING PRICE (ASP), BY REGION, 2019-2021 (USD/TONS) 62
6.5 MARKET MAP AND ECOSYSTEM CHEESE MARKET 63
6.5.1 DEMAND SIDE 63
6.5.2 SUPPLY SIDE 63
FIGURE 31 CHEESE: MARKET MAP 63
TABLE 9 CHEESE MARKET: SUPPLY CHAIN (ECOSYSTEM) 64
6.6 TRENDS IMPACTING BUYERS 65
FIGURE 32 CHEESE MARKET: TRENDS IMPACTING BUYERS 65
6.7 REGULATORY FRAMEWORK 66
6.7.1 NORTH AMERICA: REGULATORY FRAMEWORK 66
6.7.2 EUROPE: REGULATORY FRAMEWORK 66
6.7.3 ASIA PACIFIC: REGULATORY FRAMEWORK 67
6.7.4 SOUTH AMERICA: REGULATORY FRAMEWORK 67
6.8 PATENT ANALYSIS 68
FIGURE 33 NUMBER OF PATENTS GRANTED BETWEEN 2011 AND 2020 68
FIGURE 34 TOP 10 INVESTORS WITH THE HIGHEST NUMBER OF PATENT DOCUMENTS 68
FIGURE 35 TOP 10 APPLICANTS WITH THE HIGHEST NUMBER OF PATENT DOCUMENTS 69
TABLE 10 SOME OF THE PATENTS PERTAINING TO CHEESE, 2020-2021 69
6.9 PORTER'S FIVE FORCES ANALYSIS 71
TABLE 11 CHEESE MARKET: PORTER'S FIVE FORCES ANALYSIS 71
6.9.1 DEGREE OF COMPETITION 71
6.9.2 BARGAINING POWER OF SUPPLIERS 72
6.9.3 BARGAINING POWER OF BUYERS 72
6.9.4 THREAT OF SUBSTITUTES 72
6.9.5 THREAT OF NEW ENTRANTS 72
6.10 CASE STUDIES 72
6.10.1 GROWING DEMAND FOR PLANT-BASED CHEESE PRODUCTS 72
6.10.2 INCREASE IN CONCERN REGARDING HUMAN HEALTH AND WELLNESS 73

7 CHEESE MARKET, BY PRODUCT TYPE 74
7.1 INTRODUCTION 75
FIGURE 36 CHEESE MARKET SIZE, BY PRODUCT TYPE, 2021 VS. 2026 (USD BILLION) 75
TABLE 12 CHEESE MARKET SIZE, BY PRODUCT TYPE, 2019-2026 (USD BILLION) 75
7.2 CHEDDAR 76
7.2.1 VERSATILE APPLICATION OF CHEDDAR CHEESE TO DRIVE ITS MARKET GROWTH 76
TABLE 13 CHEDDAR: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 76
7.3 MOZZARELLA 76
7.3.1 MOZZARELLA CHEESE FINDS MAJOR APPLICATION IN ITALIAN CUISINE 76
TABLE 14 MOZZARELLA: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 77
7.4 PARMESAN 77
7.4.1 HARD TEXTURE OF PARMESAN CHEESE TO OFFER EASE IN STORAGE AND DISTRIBUTION 77
TABLE 15 PARMESAN: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 77
7.5 AMERICAN CHEESE 78
7.5.1 LONGER SHELF LIFE OF AMERICAN CHEESE TO FUEL ITS DEMAND 78
TABLE 16 AMERICAN CHEESE: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 78
7.6 BLUE CHEESE 78
7.6.1 MULTIFUNCTIONAL HEALTH BENEFITS OF BLUE CHEESE TO DRIVE THE DEMAND 78
TABLE 17 BLUE CHEESE: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 79
7.7 OTHER PRODUCT TYPES 79
TABLE 18 OTHER PRODUCT TYPES: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 79

8 CHEESE MARKET, BY APPLICATION 80
8.1 INTRODUCTION 81
FIGURE 37 CHEESE POWDER MARKET SIZE, BY APPLICATION, 2021 VS. 2026 (USD MILLION) 81
TABLE 19 CHEESE POWDER MARKET SIZE, BY APPLICATION, 2019-2026 (USD MILLION) 82
8.2 SAUCES, DRESSINGS, DIPS, AND CONDIMENTS 82
8.2.1 CHEESE POWDER VIEWED AS A STABLE AND FLAVORFUL INGREDIENT IN SAUCES, DRESSINGS, DIPS, AND CONDIMENTS 82
TABLE 20 SAUCES, DRESSINGS, DIPS, AND CONDIMENTS: CHEESE POWDER MARKET SIZE, BY REGION, 2019-2026 (USD MILLION) 82
8.3 SWEET & SAVORY SNACKS 83
8.3.1 GROWING FAST-FOOD INDUSTRY PROMOTES THE APPLICATION OF CHEESE POWDER IN SWEET & SAVORY SNACKS 83
TABLE 21 SWEET & SAVORY SNACKS: CHEESE POWDER MARKET SIZE, BY REGION, 2019-2026 (USD MILLION) 83
8.4 BAKERY & CONFECTIONERY 83
8.4.1 CHEESE POWDER HELPS ENHANCE THE TEXTURE AND FLAVOR OF BAKERY PRODUCTS 83
TABLE 22 BAKERY & CONFECTIONERY: CHEESE POWDER MARKET SIZE, BY REGION, 2019-2026 (USD MILLION) 84
8.5 READY MEALS 84
8.5.1 DEMAND FOR CHEESE-BASED ON-THE-GO FOOD PRODUCTS TO DRIVE THE MARKET 84
TABLE 23 READY MEALS: CHEESE POWDER MARKET SIZE, BY REGION, 2019-2026 (USD MILLION) 84
8.6 OTHER APPLICATIONS 85
TABLE 24 OTHER APPLICATIONS: CHEESE POWDER MARKET SIZE, BY REGION, 2019-2026 (USD MILLION) 85

9 CHEESE MARKET, BY NATURE 86
9.1 INTRODUCTION 87
FIGURE 38 CHEESE MARKET SIZE, BY NATURE, 2021 VS. 2026 (USD BILLION) 87
TABLE 25 CHEESE MARKET SIZE, BY NATURE, 2019-2026 (USD BILLION) 87
TABLE 26 ANIMAL SOURCE: CHEESE MARKET SIZE, BY NATURE, 2019-2026 (USD BILLION) 88
TABLE 27 PLANT SOURCE: CHEESE MARKET SIZE, BY NATURE, 2019-2026 (USD MILLION) 88
9.2 CONVENTIONAL 88
9.2.1 LOWER PRICES OF CONVENTIONAL CHEESE TO BOOST THE GLOBAL DEMAND 88
TABLE 28 CONVENTIONAL: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 89
TABLE 29 CONVENTIONAL: ANIMAL SOURCE CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 89
TABLE 30 CONVENTIONAL: PLANT SOURCE CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD MILLION) 89
9.3 ORGANIC 90
9.3.1 RISING AWARENESS ABOUT THE BENEFITS OF ORGANIC CHEESE TO ACCELERATE ITS DEMAND 90
TABLE 31 ORGANIC: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 90
TABLE 32 ORGANIC: ANIMAL SOURCE CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 91
TABLE 33 ORGANIC: PLANT SOURCE CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD MILLION) 91

10 CHEESE MARKET, BY TYPE 92
10.1 INTRODUCTION 93
FIGURE 39 CHEESE MARKET SIZE, BY TYPE, 2021 VS. 2026 (USD BILLION) 93
TABLE 34 CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD BILLION) 93
TABLE 35 CHEESE MARKET SIZE, BY TYPE, 2019-2026 (KT) 94
10.2 COVID-19 IMPACT ON THE CHEESE MARKET, BY TYPE 94
10.2.1 REALISTIC SCENARIO 94
TABLE 36 REALISTIC SCENARIO: COVID-19 IMPACT ON THE CHEESE MARKET SIZE, BY TYPE, 2019-2022 (USD BILLION) 94
10.2.2 PESSIMISTIC SCENARIO 95
TABLE 37 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE CHEESE MARKET SIZE, BY TYPE, 2019-2022 (USD BILLION) 95
10.2.3 OPTIMISTIC SCENARIO 95
TABLE 38 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE CHEESE MARKET SIZE, BY TYPE, 2019-2022 (USD BILLION) 95
10.3 CHEESE PRODUCTS 95
10.3.1 VARIOUS FORMS OF CHEESE PRODUCTS AND LONGER SHELF LIFE TO AUGMENT THE DEMAND FOR CHEESE PRODUCTS 95
TABLE 39 CHEESE PRODUCTS: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 96
TABLE 40 CHEESE PRODUCTS: CHEESE MARKET SIZE, BY REGION, 2019-2026 (KT) 96
TABLE 41 CHEESE PRODUCTS: CHEESE MARKET SIZE, BY SUB-SEGMENT, 2019-2026 (USD BILLION) 96
10.3.2 SOLID 97
TABLE 42 SOLID CHEESE PRODUCTS: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 97
10.3.3 SEMI-LIQUID 97
TABLE 43 SEMI-LIQUID CHEESE PRODUCTS: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 97
10.4 CHEESE POWDER 98
10.4.1 ESCALATED POPULARITY OF NOVEL CHEESE FORMULATIONS TO PROPEL THE CHEESE POWDER MARKET 98
TABLE 44 CHEESE POWDER: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD MILLION) 98
TABLE 45 CHEESE POWDER: CHEESE MARKET SIZE, BY REGION, 2019-2026 (KT) 98

11 CHEESE MARKET, BY DISTRIBUTION CHANNEL 99
11.1 INTRODUCTION 100
FIGURE 40 CHEESE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2021 VS. 2026 (USD BILLION) 100
TABLE 46 CHEESE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2019-2026 (USD BILLION) 101
11.2 COVID-19 IMPACT ON THE CHEESE MARKET, BY DISTRIBUTION CHANNEL 101
11.2.1 REALISTIC SCENARIO 101
TABLE 47 REALISTIC SCENARIO: COVID-19 IMPACT ON THE CHEESE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2019-2022 (USD BILLION) 101
11.2.2 PESSIMISTIC SCENARIO 101
TABLE 48 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE CHEESE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2019-2022 (USD BILLION) 101
11.2.3 OPTIMISTIC SCENARIO 102
TABLE 49 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE CHEESE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2019-2022 (USD BILLION) 102
11.3 RETAIL 102
11.3.1 HOME COOKING AND STOCKING OF FOODSTUFF TO BOOST THE MARKET GROWTH OF THE RETAIL SECTOR 102
TABLE 50 RETAIL: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 102
11.4 FOODSERVICE 103
11.4.1 CHEESE-BASED FOOD ITEMS OFFERED BY QUICK-SERVICE RESTAURANTS TO DRIVE THE CHEESE MARKET 103
TABLE 51 FOODSERVICE: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 103
11.5 FOOD MANUFACTURERS 104
11.5.1 MANUFACTURE OF FOOD PRODUCTS INFUSED WITH CHEESE INVOLVES EXTENSIVE R&D AND INNOVATION 104
TABLE 52 FOOD MANUFACTURERS: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 104

12 CHEESE MARKET, BY SOURCE 105
12.1 INTRODUCTION 106
FIGURE 41 CHEESE MARKET SIZE, BY SOURCE, 2021 VS. 2026 (USD BILLION) 106
TABLE 53 CHEESE MARKET SIZE, BY SOURCE, 2019-2026 (USD BILLION) 107
12.2 COVID-19 IMPACT ON THE CHEESE MARKET, BY SOURCE 107
12.2.1 REALISTIC SCENARIO 107
TABLE 54 REALISTIC SCENARIO: COVID-19 IMPACT ON THE CHEESE MARKET SIZE, BY SOURCE, 2019-2022 (USD BILLION) 107
12.2.2 PESSIMISTIC SCENARIO 107
TABLE 55 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE CHEESE MARKET SIZE, BY SOURCE, 2019-2022 (USD BILLION) 107
12.2.3 OPTIMISTIC SCENARIO 108
TABLE 56 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE CHEESE MARKET SIZE, BY SOURCE, 2019-2022 (USD BILLION) 108
12.3 ANIMAL 108
12.3.1 OVERALL NUTRIENT CONTENT OF ANIMAL-BASED CHEESE TO DRIVE THE MARKET 108
TABLE 57 ANIMAL SOURCE: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 108
12.4 PLANT 109
12.4.1 THE FAST-GROWING TREND OF VEGANISM TO FUEL THE MARKET FOR PLANT-BASED CHEESE 109
TABLE 58 PLANT SOURCE: CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD MILLION) 109

13 CHEESE MARKET, BY REGION 110
13.1 INTRODUCTION 111
FIGURE 42 REGIONAL SNAPSHOT: NEW HOTSPOTS TO EMERGE IN THE ASIA PACIFIC, 2021-2026 111
TABLE 59 CHEESE MARKET SIZE, BY REGION, 2019-2026 (USD BILLION) 111
TABLE 60 CHEESE MARKET SIZE, BY REGION, 2019-2026 (KT) 112
13.2 COVID-19 IMPACT ON THE CHEESE MARKET, BY REGION 112
13.2.1 OPTIMISTIC SCENARIO 112
TABLE 61 OPTIMISTIC SCENARIO: CHEESE MARKET SIZE, BY REGION, 2019-2022 (USD BILLION) 112
13.2.2 REALISTIC SCENARIO 113
TABLE 62 REALISTIC SCENARIO: CHEESE MARKET SIZE, BY REGION, 2019-2022 (USD BILLION) 113
13.2.3 PESSIMISTIC SCENARIO 113
TABLE 63 PESSIMISTIC SCENARIO: CHEESE MARKET SIZE, BY REGION, 2019-2022 (USD BILLION) 113
13.3 NORTH AMERICA 114
TABLE 64 NORTH AMERICA CHEESE MARKET SIZE, BY COUNTRY, 2019-2026 (USD BILLION) 114
TABLE 65 NORTH AMERICA: CHEESE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2019-2026 (USD BILLION) 114
TABLE 66 NORTH AMERICA: CHEESE MARKET SIZE, BY SOURCE, 2019-2026 (USD BILLION) 115
TABLE 67 NORTH AMERICA CHEESE MARKET SIZE, BY PRODUCT TYPE, 2019-2026 (USD BILLION) 115
TABLE 68 NORTH AMERICA CHEESE MARKET SIZE, BY NATURE, 2019-2026 (USD BILLION) 115
TABLE 69 NORTH AMERICA PLANT-BASED CHEESE MARKET SIZE, BY NATURE, 2019-2026 (USD MILLION) 116
TABLE 70 NORTH AMERICA ANIMAL-BASED CHEESE MARKET SIZE, BY NATURE, 2019-2026 (USD BILLION) 116
TABLE 71 NORTH AMERICA CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD BILLION) 116
TABLE 72 NORTH AMERICA CHEESE PRODUCT MARKET SIZE, BY SUB-TYPE, 2019-2026 (USD BILLION) 117
TABLE 73 NORTH AMERICA CHEESE POWDER MARKET SIZE, BY APPLICATION, 2019-2026 (USD MILLION) 117
13.3.1 UNITED STATES 117
13.3.1.1 Demand for Italian and Mexican food preparation in the US to fuel the demand for cheese 117
TABLE 74 UNITED STATES: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 118
13.3.2 CANADA 118
13.3.2.1 Rise in demand for cheese in processed food products to drive the demand 118
TABLE 75 CANADA: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 118
13.3.3 MEXICO 119
13.3.3.1 Consumer preference for soft and mild flavor cheese than strong flavor cheese to drive the demand 119
TABLE 76 MEXICO: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 119
13.4 EUROPE 120
FIGURE 43 EUROPE: CHEESE MARKET SNAPSHOT 120
TABLE 77 EUROPE: CHEESE MARKET SIZE, BY COUNTRY, 2019-2026 (USD BILLION) 121
TABLE 78 EUROPE: CHEESE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2019-2026 (USD BILLION) 121
TABLE 79 EUROPE: CHEESE MARKET SIZE, BY SOURCE, 2019-2026 (USD BILLION) 121
TABLE 80 EUROPE: CHEESE MARKET SIZE, BY PRODUCT TYPE, 2019-2026 (USD BILLION) 122
TABLE 81 EUROPE: CHEESE MARKET SIZE, BY NATURE, 2019-2026 (USD BILLION) 122
TABLE 82 EUROPE: PLANT-BASED CHEESE MARKET SIZE, BY NATURE, 2019-2026 (USD MILLION) 122
TABLE 83 EUROPE: ANIMAL-BASED CHEESE MARKET SIZE, BY NATURE, 2019-2026 (USD BILLION) 123
TABLE 84 EUROPE: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 123
TABLE 85 EUROPE: CHEESE PRODUCT MARKET SIZE, BY SUB-TYPE, 2019-2026 (USD BILLION) 123
TABLE 86 EUROPE: CHEESE POWDER MARKET SIZE, BY APPLICATION, 2019-2026 (USD MILLION) 124
13.4.1 GERMANY 124
13.4.1.1 Locally produced cheeses to attract significant demand from German consumers 124
TABLE 87 GERMANY: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 124
13.4.2 UNITED KINGDOM 125
13.4.2.1 Large-scale employment in dairy and cheese production sites to spur the cheese market in the UK 125
TABLE 88 UNITED KINGDOM: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 125
13.4.3 FRANCE 125
13.4.3.1 Significant steps taken by the French government to uphold the market for cheese 125
TABLE 89 FRANCE: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 126
13.4.4 ITALY 126
13.4.4.1 Traditional Italian cuisine and the presence of PDO cheeses to boost the French cheese market 126
TABLE 90 ITALY: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 126
13.4.5 SPAIN 126
13.4.5.1 Prominence of the dairy sector to drive the Spanish cheese market 126
TABLE 91 SPAIN: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 127
13.4.6 REST OF EUROPE 127
13.4.6.1 Favorable government initiatives fuel the cheese market 127
TABLE 92 REST OF EUROPE: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 127
13.5 ASIA PACIFIC 128
FIGURE 44 ASIA PACIFIC: CHEESE MARKET SNAPSHOT 128
TABLE 93 ASIA PACIFIC: CHEESE MARKET SIZE, BY COUNTRY, 2019-2026 (USD BILLION) 129
TABLE 94 ASIA PACIFIC: CHEESE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2019-2026 (USD BILLION) 129
TABLE 95 ASIA PACIFIC: CHEESE MARKET SIZE, BY SOURCE, 2019-2026 (USD BILLION) 129
TABLE 96 ASIA PACIFIC: CHEESE MARKET SIZE, BY PRODUCT TYPE, 2019-2026 (USD BILLION) 130
TABLE 97 ASIA PACIFIC: CHEESE MARKET SIZE, BY NATURE, 2019-2026 (USD BILLION) 130
TABLE 98 ASIA PACIFIC: PLANT-BASED CHEESE MARKET SIZE, BY NATURE, 2019-2026 (USD MILLION) 130
TABLE 99 ASIA PACIFIC: ANIMAL-BASED CHEESE MARKET SIZE, BY NATURE, 2019-2026 (USD BILLION) 131
TABLE 100 ASIA PACIFIC: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD BILLION) 131
TABLE 101 ASIA PACIFIC: CHEESE PRODUCT MARKET SIZE, BY SUB-TYPE, 2019-2026 (USD BILLION) 131
TABLE 102 ASIA PACIFIC: CHEESE POWDER MARKET SIZE, BY APPLICATION, 2019-2026 (USD MILLION) 132
13.5.1 CHINA 132
13.5.1.1 Government initiatives and extensive import operations to augment the cheese market in China 132
TABLE 103 CHINA: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 133
13.5.2 INDIA 133
13.5.2.1 Well-established dairy industry in India to support the growth of the cheese market 133
TABLE 104 INDIA: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 133
13.5.3 JAPAN 134
13.5.3.1 Global partnerships and agreements to influence the Japanese cheese market 134
TABLE 105 JAPAN: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 134
13.5.4 AUSTRALIA & NEW ZEALAND 135
13.5.4.1 Hefty export activities drive the cheese market 135
TABLE 106 AUSTRALIA AND NEW ZEALAND: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 135
13.5.5 REST OF ASIA PACIFIC 135
13.5.5.1 Rapid westernization to augment the cheese market 135
TABLE 107 REST OF ASIA PACIFIC: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 135
13.6 REST OF THE WORLD 136
TABLE 108 ROW: CHEESE MARKET SIZE, BY COUNTRY, 2019-2026 (USD BILLION) 136
TABLE 109 ROW: CHEESE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2019-2026 (USD BILLION) 136
TABLE 110 ROW: CHEESE MARKET SIZE, BY SOURCE, 2019-2026 (USD MILLION) 136
TABLE 111 ROW: CHEESE MARKET SIZE, BY PRODUCT TYPE, 2019-2026 (USD BILLION) 137
TABLE 112 ROW: CHEESE MARKET SIZE, BY NATURE, 2019-2026 (USD BILLION) 137
TABLE 113 ROW: PLANT-BASED CHEESE MARKET SIZE, BY NATURE, 2019-2026 (USD MILLION) 137
TABLE 114 ROW: ANIMAL-BASED CHEESE MARKET SIZE, BY NATURE, 2019-2026 (USD BILLION) 138
TABLE 115 ROW: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 138
TABLE 116 ROW: CHEESE PRODUCT MARKET SIZE, BY SUB-TYPE, 2019-2026 (USD BILLION) 138
TABLE 117 ROW: CHEESE POWDER MARKET SIZE, BY APPLICATION, 2019-2026 (USD MILLION) 138
13.6.1 SOUTH AMERICA 139
13.6.1.1 Favorable import-export regulations to fuel the demand for cheese 139
TABLE 118 SOUTH AMERICA: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 139
13.6.2 MIDDLE EAST 139
13.6.2.1 Health & wellness trends to drive the Middle Eastern cheese market 139
TABLE 119 MIDDLE EAST: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 140
13.6.3 AFRICA 140
13.6.3.1 Growing cheese market to improve the health of consumers and help combat malnutrition 140
TABLE 120 AFRICA: CHEESE MARKET SIZE, BY TYPE, 2019-2026 (USD MILLION) 140

14 COMPETITIVE LANDSCAPE 141
14.1 OVERVIEW 141
14.2 MARKET SHARE ANALYSIS, 2020 141
TABLE 121 CHEESE MARKET SHARE ANALYSIS, 2020 142
14.3 REVENUE ANALYSIS OF KEY PLAYERS 142
FIGURE 45 REVENUE ANALYSIS OF KEY PLAYERS IN THE CHEESE MARKET, 2018-2020 (USD BILLION) 142
14.4 COVID-19 SPECIFIC COMPANY RESPONSE 143
14.5 COMPANY EVALUATION QUADRANT (KEY PLAYERS) 144
14.5.1 STARS 144
14.5.2 PERVASIVE PLAYERS 144
14.5.3 EMERGING LEADERS 144
14.5.4 PARTICIPANTS 144
FIGURE 46 CHEESE MARKET, COMPANY EVALUATION QUADRANT, 2020 (KEY PLAYERS) 145
14.5.5 PRODUCT FOOTPRINT 145
TABLE 122 COMPANY FOOTPRINT, BY DISTRIBUTION CHANNEL 145
TABLE 123 COMPANY FOOTPRINT, BY PRODUCT TYPE 146
TABLE 124 COMPANY FOOTPRINT, BY REGION 146
TABLE 125 OVERALL COMPANY FOOTPRINT 146
14.6 CHEESE MARKET, STARTUP/SME EVALUATION QUADRANT, 2020 147
14.6.1 PROGRESSIVE COMPANIES 147
14.6.2 STARTING BLOCKS 147
14.6.3 RESPONSIVE COMPANIES 147
14.6.4 DYNAMIC COMPANIES 147
FIGURE 47 CHEESE MARKET: COMPANY EVALUATION QUADRANT, 2020 (STARTUP/SMES) 148
14.7 COMPETITIVE SCENARIO 149
14.7.1 NEW PRODUCT LAUNCHES 149
TABLE 126 CHEESE MARKET: NEW PRODUCT LAUNCHES, 2019-2021 149
14.7.2 DEALS 150
TABLE 127 CHEESE MARKET: DEALS, 2019-2021 150

15 COMPANY PROFILES 151
(Business overview, Products offered, Recent developments & MnM View)* 15.1 KEY PLAYERS 151
15.1.1 ARLA FOODS 151
TABLE 128 ARLA FOODS: BUSINESS OVERVIEW 151
FIGURE 48 ARLA FOODS: COMPANY SNAPSHOT 152
TABLE 129 ARLA FOODS: PRODUCTS OFFERED 153
15.1.2 GLANBIA 154
TABLE 130 GLANBIA: BUSINESS OVERVIEW 154
FIGURE 49 GLANBIA: COMPANY SNAPSHOT 155
TABLE 131 GLANBIA: PRODUCTS OFFERED 156
TABLE 132 GLANBIA: DEALS 156
15.1.3 FONTERRA 158
TABLE 133 FONTERRA: BUSINESS OVERVIEW 158
FIGURE 50 FONTERRA: COMPANY SNAPSHOT 159
TABLE 134 FONTERRA: PRODUCTS OFFERED 160
15.1.4 THE KRAFT HEINZ COMPANY 161
TABLE 135 THE KRAFT HEINZ COMPANY: BUSINESS OVERVIEW 161
FIGURE 51 THE KRAFT HEINZ COMPANY: COMPANY SNAPSHOT 162
TABLE 136 THE KRAFT HEINZ COMPANY: PRODUCTS OFFERED 163
15.1.5 SAPUTO 164
TABLE 137 SAPUTO: BUSINESS OVERVIEW 164
FIGURE 52 SAPUTO: COMPANY SNAPSHOT 165
TABLE 138 SAPUTO: PRODUCTS OFFERED 166
15.1.6 BEL GROUP 167
TABLE 139 BEL GROUP: BUSINESS OVERVIEW 167
TABLE 140 BEL GROUP: PRODUCTS OFFERED 167
15.1.7 DALTER ALIMENTARI SPA 168
TABLE 141 DALTER ALIMENTARI SPA: BUSINESS OVERVIEW 168
TABLE 142 DALTER ALIMENTARI SPA: PRODUCTS OFFERED 168
TABLE 143 DALTER ALIMENTARI SPA: PRODUCT LAUNCHES 169
15.1.8 FRIESLANDCAMPINA 170
TABLE 144 FRIESLANDCAMPINA: BUSINESS OVERVIEW 170
FIGURE 53 FRIESLANDCAMPINA: COMPANY SNAPSHOT 171
TABLE 145 FRIESLANDCAMPINA: PRODUCTS OFFERED 172
TABLE 146 FRIESLANDCAMPINA: DEALS 172
15.1.9 DMK DEUTSCHES MILCHKONTOR GMBH 173
TABLE 147 DMK DEUTSCHES MILCHKONTOR GMBH: BUSINESS OVERVIEW 173
TABLE 148 DMK DEUTSCHES MILCHKONTOR GMBH: PRODUCTS OFFERED 173
15.1.10 LACTALIS INTERNATIONAL 174
TABLE 149 LACTALIS INTERNATIONAL: BUSINESS OVERVIEW 174
TABLE 150 LACTALIS INTERNATIONAL: PRODUCTS OFFERED 174
15.1.11 MEIJI HOLDINGS 175
TABLE 151 MEIJI HOLDINGS: BUSINESS OVERVIEW 175
FIGURE 54 MEIJI HOLDINGS: COMPANY SNAPSHOT 175
TABLE 152 MAIJI HOLDINGS: PRODUCTS OFFERED 176
15.1.12 AMUL 177
TABLE 153 AMUL: BUSINESS OVERVIEW 177
FIGURE 55 AMUL: COMPANY SNAPSHOT 177
TABLE 154 AMUL: PRODUCTS OFFERED 178
15.1.13 SAVENCIA SA 179
TABLE 155 SAVENCIA SA: BUSINESS OVERVIEW 179
FIGURE 56 SAVENCIA SA: COMPANY SNAPSHOT 180
TABLE 156 SAVENCIA SA: PRODUCTS OFFERED 180
15.1.14 LAND O'LAKES 181
TABLE 157 LAND O'LAKES: BUSINESS OVERVIEW 181
TABLE 158 LAND O'LAKES: PRODUCTS OFFERED 181
TABLE 159 LAND O'LAKES: PRODUCT LAUNCHES 181
15.1.15 KERRY GROUP 182
TABLE 160 KERRY GROUP: BUSINESS OVERVIEW 182
FIGURE 57 KERRY GROUP: COMPANY SNAPSHOT 183
TABLE 161 KERRY GROUP: PRODUCTS OFFERED 183
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies. 15.2 OTHER KEY PLAYERS 184
15.2.1 ADM 184
15.2.2 GOOD PLANET FOODS (GPF) 184
15.2.3 DANONE 185
15.2.4 VIOLIFE 185
15.2.5 MIYOKO'S CREAMERY 186
15.2.6 DAIYA 186
15.2.7 FOLLOW YOUR HEART 187

16 APPENDIX 188
16.1 DISCUSSION GUIDE 188
16.2 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 193
16.3 AVAILABLE CUSTOMIZATIONS 195
16.4 RELATED REPORTS 195
16.5 AUTHOR DETAILS 196