Market Overview:
The Global Organic Cheese Market was valued at USD 8.1 billion in 2021 and it is poised to grow beyond USD 14.2 billion by the end of 2030; registering a CAGR of 6.9% during the forecast period of 2021-2030.
Organic cheese is processed from the organic milk obtained from the cow that is fed with organic food. Organic cheese is produced in a wide range of texture, forms, and flavors to capture the consumer’s changing demands. It is a good source of nutrients, such as antioxidants, calcium, protein, and omega-3 fatty acid. Organic cheese is superior in terms of taste and quality as compared to non-organic cheese.
Market Dynamics
The global organic dairy product market is emerging at a rapid pace over the past few years and therefore most of product categories in organic dairy are experiencing fatter adoption wherein organic cheese being one of them. Strong demand for dairy & dairy-based products among consumers and the rapidly increasing consumption of organic cheese across the globe are some of the key factors fueling the growth of this market across the globe.
Due to growing awareness related to nutrition food consumers are inclined towards opting for healthy diet pattern which is further complementing the adoption of organic cheese. Since organic cheese is further available wide range of flavors, size and taste; manufacturers are formulating strategies around these parameters in order to attract customer which is leading to innovative product development. In addition to this, organic cheese offers remarkable health benefits such as the strengthening of bones and weight gain. The rising applications of organic cheese in different types of cuisines and sustainable growth of the food & beverage industry likely to create favorable revenue pockets during the year to come.
On the other hand, the high cost of organic cheese as compared to regular cheese is likely to hinder the growth of the global organic cheese market. Moreover, organic cheese does not contain any preservatives that limit its shelf life, which is another factor that expected to have a negative impact on the market. Other than this traditional market challenges, COVID-19 event has also left negative impact on the various factors including supply and trade challenges, price instability, and demand crunch. Manufacturers have suffered massive losses during the pandemic to meet plant expenses and also continue operation. The overall event has impacted more than 5-6% revenue dip in base year of 2020
Market Segmentation
The global Organic Cheese market segmented into by product type, by application, by distribution channel, and by region. Based on type, the market is segmented into Cheddar, Mozzarella, Parmesan, and Feta. Segmentation based on application includes Cubes & Blocks, Slices, Spreads, and Others. On the basis of distribution channel, the market is segmented into Supermarket/Hypermarket, Online Stores, Specialty Stores, and Others.
Geographic Analysis:
Regionally, the global Organic Cheese market is segmented into North America, Europe, Asia Pacific (APAC), and Latin America, Middle East & Africa (LAMEA). Among others, Europe region emerged as the largest revenue contributor in 2021 and the similar region anticipated to maintain its dominance during the forecast period of 2022-2030. Few of the growth drivers in this region includes growing awareness regarding the healthy lifestyle and the increasing consumption of organic cheese. Most of the major industry players are listed in this region that play as a domestic edge while meeting domestic demand.
On the other hand, The Asia-Pacific region is predicted to grow at a higher CAGR during the forecast period of 2020-2030. The region includes presence of several high growth economies including India, China, Indonesia, and others. Also, increasing disposable income is considered as one of the most powerful trend in this region expected create new growth opportunities in this region. the growing consumption of cross-cultural cuisines and the increasing presence of the food processing industry will further increase the demand for organic cheese market in this region.
Competitive Scenario:
Major players operating in the global Organic Cheese market include Kerry Group Plc, Aurora Organic Dairy Corp., Unilever N.V., Fonterra Co-operative Group Limited, Groupe Lactalis S.A., The Kroger Co., Eden Foods, Inc., Purity Foods, Inc., Danone, and Organic Valley, among others.
Market Segmentation
• Market Segmentation Based on Product Type
◦ Cheddar
◦ Mozzarella
◦ Parmesan
◦ Feta
• Market Segmentation Based on Application
◦ Cubes & Blocks
◦ Slices
◦ Spreads
◦ Others
• Market Segmentation Based on Distribution Channel
◦ Supermarket/Hypermarket
◦ Online Stores
◦ Specialty Stores
◦ Others
• Market Segmentation Based on Region
◦ North America (U.S. | Canada | Mexico)
◦ Europe (Germany | France | Italy | Spain| UK| Rest of Europe)
◦ Asia-Pacific (China | India | Japan | Australia| South Korea| Rest of Asia-Pacific)
◦ Latin America (Brazil | Argentina | Rest of LAMEA)
◦ Middle East & Africa (Saudi Arabia | UAE | Bahrain| South Africa | Rest of MEA)