Top Companies in Cheese Market| Industry Leading Players Impact Analysis by Vantage Market Research
Cheese is a common element in a variety of cuisines, recipes, and products. Cheese is a dairy product made by coagulating the milk protein casein, which is commonly generated from cow, buffalo, goat, or sheep milk.
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Market Overview
The Global Cheese Market is valued at USD 88.2 Billion in the year 2021 and is projected to reach a value of USD 107.7 Billion by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 3.4% over the forecast period. Cheese is a highly nutritive dairy product that comprises proteins and fats from milk. Usually, the milk of cows, buffalo, and goats is used. Cheese is found in different textures and tastes around the world. It consumes about the one-tenth volume of milk, making it portable with a longer shelf life. In addition, it offers many health benefits with taste. It's not only used in fast foods but due to the unique flavor of the Cheese, it is also utilized in local cuisines.
The awareness of the consumers towards their health in such an exhausting lifestyle driving the growth of this Cheese Market during the forecast period. The demand for western cuisine and the private labels has also boosted the demand for Cheese in the market. The e-retailing platforms like Walmart, Amazon, etc. also attracted the consumers to buy cheese. Along with that, TV advertisements and several campaigns are also crucial factors to drive the market. It is a highly competitive market.
List of Top Key Players of the Cheese Market:
|
Company Name |
Revenue in USD |
|
$12 Billion |
|
$3 Billion |
|
$14 Billion |
|
$26 Billion |
|
$24 Billion |
|
$6 Billion |
|
$1 Billion |
|
$596 Million |
|
$11 Billion |
|
$39 Million |
Arla Foods amba is a Danish-Swedish multinational cooperative based in Viby, Denmark, and it is one of the largest producers of dairy products in Scandinavia, and also one of the largest dairies in the United Kingdom. Arla Foods was formed as the result of a merger between the Swedish dairy cooperative Arla and the Danish dairy company MD Foods on 17 April 2000. The name Arla derives from the same word as the English word 'early' and is an archaic Swedish term for 'early (in the morning)'.
The Bel Group is a multinational Cheese marketer cantered in France. The Bel Group is headquartered at 2 allée de Longchamp in Suresnes (near Paris). It manufactures and distributes processed and semi-processed cheeses, frequently packaged in individual portions. The company “Establishments’ Jules Bel” was founded in 1865 in Orgelet in the Department of the Jura. The Laughing Cow, Babybel, Kiri, Leerdammer, and Boursin are Bel's five core brands that are distributed on five continents.
Fonterra is a dairy nutrition company which is founded in 2001. It is engaged in the manufacture and sale of milk and milk-derived products, as well as milk powders, butter, and cheese products. The company provides its products under the Anchor, De Winkel, Fresh 'n Fruity, Kapiti, Mainland, Mammoth, Perfect Italiano, Piako, Primo, and Symbio brands.
The Kraft Heinz Company (KHC), commonly known as Kraft Heinz, is an American multinational food company formed by the merger of Kraft Foods and Heinz co-headquartered in Chicago, Illinois, and Pittsburgh, Pennsylvania. Kraft Heinz is the third-largest food and beverage company in North America and the fifth-largest in the world with over USD 26 Billion in annual sales as of 2021.
Lactalis is a French multinational dairy products corporation, owned by the Besnier family and based in Laval, Mayenne, France. The company's former name was Besnier SA. Lactalis is one of the largest dairy products groups in the world, and also the largest food products group in France, behind Danone.
Savencia SA was founded in 1956. It manufactures and distributes Cheese and other dairy products throughout the world under the brand names Caprice des Dieux, Tartare, Alouette, and many others. The Company also produces gourmet food and provides catering services. It operates sales and production subsidiaries in Europe, the Americas, Asia, and Australia.
Britannia Industries Limited is an Indian company specializing in the food industry, part of the Wadia Group headed by Nusli Wadia. Founded in 1892 and headquartered in Kolkata, it is one of India's oldest existing companies and best known for its biscuit products. The company sells its Britannia and Tiger brands of biscuits, bread, and dairy products throughout India and abroad. Beginning with the circumstances of its takeover by the Wadia Group in the early 1990s, the company has been mired in several controversies connected to its management. However, it still has a large market share, and it is profitable.
Associated Milk Producers Inc. is located in New Ulm, MN, the United States and is part of the Grocery and Related Product Merchant Wholesalers Industry with 4,600 members that market over 5 billion pounds of milk per year. It operates 14 manufacturing facilities. The co-op runs one of the largest butter packaging plants in the country, is one of the largest cheddar manufacturers in the United States, and packages nearly 60% of the instant milk consumed in the country.
Saputo Inc. is a Canadian dairy company based in Montreal, Quebec, founded in 1954 by the Saputo family. It produces, markets, and distributes a wide array of dairy products, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products, and dairy ingredients, and is one of the top ten dairy processors in the world.
Gujarat Cooperative Milk Marketing Federation Ltd. manufactures and distributes dairy products. The Company offers milk powder, cheese, ice cream, and evaporated dairy products. It was founded in 1973.
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