Market Size –
The blue cheese market size has grown strongly in recent years. It will grow from $1.44 billion in 2023 to $1.52 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to rise of e-commerce, increasing vegan population, rising demand for artisanal and organic products, rising popularity of cheese pairings, and growing popularity of cheese-based snacks.
The blue cheese market size is expected to see strong growth in the next few years. It will grow to $1.92 billion in 2028 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to increasing prevalence of allergies, increasing plant-based food products, increasing nutrient-rich food, increasing convenience products, and increasing demand for protein-rich foods. Major trends in the forecast period include introducing new flavors, convenient snacking options, introducing plant-based blue cheese, introducing novel product iterations, and developing convenient snacking options.
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Scope Of Blue Cheese Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Blue Cheese Market Overview
Market Drivers –
The increasing consumption of convenience foods is expected to boost the growth of the blue cheese market going forward. Convenience food refers to food that has been frozen, dried, or canned and can be heated and made quickly and easily. The expansion of the convenience food sector is significantly benefiting the blue cheese market as consumers seek flavorful, premium, and convenient meal options. Blue cheese is increasingly featured in ready meals, snacks, and gourmet products. For instance, in March 2024, according to a report by Krungsri, a commercial banking company in Thailand, in 2022, the ready-to-eat food business had a total domestic and export sales volume of 482.4 thousand tons, valued at USD 2.0 billion. Therefore, the increasing demand for convenience foods is driving the growth of the blue cheese market.
Market Trends –
Major companies operating in the blue cheese market are developing plant-based blue cheese alternatives to cater to the growing demand for dairy-free and vegan options among consumers seeking healthier and environmentally sustainable choices. Plant-based cheese refers to non-dairy cheese alternatives made entirely from plant-based ingredients designed to replicate traditional dairy cheese’s taste, texture, and melting properties while catering to consumers who follow vegan, lactose-free, or plant-based diets. For instance, in March 2023, Climax Foods, a US-based food technology company, launched Climax Blue, a plant-based cheese alternative. Climax Blue offers a rich, tangy flavor and creamy texture akin to traditional blue cheese, catering to consumers’ increasing demand for plant-based options. It is formulated using proprietary fermentation technology and is marketed for both the food service and retail sectors. This innovation highlights a growing trend towards sustainable and dietary-specific cheese alternatives, leveraging technological advancements to meet evolving consumer preferences.
The blue cheese market covered in this report is segmented –
1) By Type: Gorgonzola, Castello Double Crème Blue, Roquefort, Stilton, Castello Traditional Danish Blue
2) By Texture: Hard Blue Cheese, Soft Blue Cheese
3) By Source: Sheep’s Milk, Cow’s Milk, Goat’s Milk
4) By Distribution Channel: Online Retail, Specialty Stores, Supermarket And Hypermarket, Other Distribution Channels
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Regional Insights –
North America was the largest region in the blue cheese market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the blue cheese market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the blue cheese market are The Kroger Co., Groupe Lactalis S.A., Kraft Heinz Company, Arla Foods Group, Fonterra Co-operative Group, Saputo Inc., Danish Crown, Savencia SA, Emmi Group, Bel Group, Sargento Foods Inc., Organic Valley, Roth Cheese, Carr Valley Cheese, Maytag Dairy Farms, Point Reyes Farmstead Cheese Company, Climax Foods Inc., Castello, AgCertain Industries Inc., Rogue Creamery, La fromagerie Papillon, Roquefort Societe, Great Hill Dairy Inc., Vermont Shepherd LLC
Table of Contents
1. Executive Summary
2. Blue Cheese Market Report Structure
3. Blue Cheese Market Trends And Strategies
4. Blue Cheese Market – Macro Economic Scenario
5. Blue Cheese Market Size And Growth
…..
27. Blue Cheese Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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