The cheese market is expected to expand from US$ 95.0 billion in 2023 to US$ 160.0 billion by 2033. Demand for processed cheese, such as Cheddar, Parmesan, and Romano, has increased in recent years due to factors such as the product’s improved shelf life, the appealing flavor profile of processed cheese, and the versatility it provides at …
Tag Archives: Cheese Market Industry forecast
The Growing Cheese Market Set to Surge, Forecasted to Reach USD 160 Billion by 2033
Cheese Market The cheese market is a savory success story, projected to reach a delicious USD 160 billion by 2033, boasting a CAGR of 5.4% from 2023. This delectable market transcends borders, with cheese revered for its diverse flavors, textures, and rich source of nutrients like calcium, protein, and essential vitamins. From humble beginnings as a …
Capitalizing on Growth: Investing in the Expanding Cheese Market Driven by Processed Cheese Demand
The cheese market is expected to expand from US$ 95.0 billion in 2023 to US$ 160.0 billion by 2033. In recent years, demand for processed cheese has increased due to the product’s longer shelf life, pleasing flavour profile, and diversity at a cheaper price point than other varieties of cheese on the market. Key Takeaways: The cheese market is expected to …