Global Cheese Market Reached 93,4B USD in 2015

Dairy Products May 30, 2017
Author: Irina Andreeva
Market Analyst

cheese market

Photo: © leaf / Bigstockphoto

According to market research conducted by IndexBox, from 2007 to 2015, the global cheese market showed an upward trend. In 2015, the cheese market was estimated at 21,988 thousand tonnes. In value terms, the cheese market value seesawed due to price fluctuations. It stood at 93,037 million USD, which was 19% less than the years before.

The countries with the highest consumption were the U.S. (25%), Germany (8%), France (7%), Italy (7%) and Russia (5%), together comprising almost 52% of global consumption. Amongst the leading consuming countries, high levels of per capita consumption were recorded in Italy (24.2 kg/year in 2015), France (23.3 kg/year) and Germany (23.2kg/year). The annual growth of per capita consumption from 2007 to 2015 was the most notable in Russia, with +2.6% growth.

Cheese is a widely traded commodity, with the share of exports in total global output registering at about 29% in 2013-2015, increasing from 24% in 2007. Cheese will continue to be highly traded, fueled by increasing consumption, trade liberalization policies, and intense global and regional integration.

In 2015, the volume of global exports totaled 6,380 thousand tonnes, with an annual average rate of growth of +4.1%, from 2007 to 2015. Germany (18%), the Netherlands (13%) and France (11%) were the main global suppliers of cheese, with a combined share of 42% of global exports.

The volume of global imports totaled 6,120 thousand tonnes in 2015. The imports dynamic was generally in line with exports: these trade flows globally complement each other. Following the high trade intensity, the share of imports in global demand accounted for about 28%. In 2015, Germany (12%), Italy (8%) and the U.K. (8%) were the leading destinations of cheese imports, together making up 29% of global imports in physical terms.

Do you want to know more about the global cheese market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • cheese market share
  • cheese prices
  • cheese industry
  • cheese sales
  • cheese market forecast
  • cheese price forecast
  • key cheese producers

Source: World: Cheese - Market Report. Analysis And Forecast To 2025