Cheese Market Research Update, Size Estimation, Future Scope, Revenue Opportunities and Regional Forecast to 2030
The global cheese market size was valued at USD 183.79 billion in 2022. The market is projected to grow from USD 187.42 billion in 2023 to USD 256.99 billion by 2030, exhibiting a CAGR of 4.61% during the forecast period.
Cheese consumption is increasing due to its availability and versatility. Moreover, acceptance and adoption of ethnic cuisines such as Mexican and Italian subsequently used more cheese to drive market growth. The two most popular varieties of cheese are mozzarella and cheddar.
Drivers and Restraints:
Increasing Demand for Plant-based Cheese to Drive the Market Growth
Plant-based cheese is a dairy alternative primarily made from cashew, soy, almo