Cheese is a widely consumed dairy product. There are copious amounts of cheese varieties, such as cheddar, feta, gouda, parmesan, camembert, which are made in different parts of the world. In 2019, the global market value of cheese stood at roughly 70 billion U.S. dollars, a number which is projected to reach the 112 billion U.S. dollar mark by 2025.
The global market value for processed, as well as, organic cheese is forecast to grow steadily over the course of the next few years. In 2020, the market value of processed cheese amounted to just over 15 billion U.S. dollars and is expected to grow by almost ten billion by 2029. The global market value of organic cheese is projected to double between 2019 and 2026.
In terms of production volume, cow milk was without question the leading dairy product in the world in 2019. Compared to cheese, which accounted for 20 million metric tons, over 500 million metric tons of cow milk were produced globally that year. While the cheese production volume was much lower than that of cow milk, it has been increasing slightly with each consecutive year since 2015. About half of all the cheese made in 2019 was produced by the 27 countries that make up the European Union. The leading country within the EU-27 was Germany, which produced over two million metric tons of cheese. Accounting for almost six million metric tons, the United States was the leading country in the world.
Many of the world’s top cheese exporting and importing countries were also European: Germany, the Netherlands, France, and Italy were the leading exporters by a significant margin in 2019. By far the leading importer of processed cheese that year was the United Kingdom, which imported over 250 million U.S. dollars’ worth of the cheese type. Italy stood in second place that year, importing less than half that amount.
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In the following 4 chapters, you will quickly find the 19 most important statistics relating to "Global Cheese Market".