2024
10
The Future of Cheese 2024
2024-02-08T00:00:53+00:00
REPFBFAD833_31A7_4D43_B2AD_C3BD2C7940CC
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170371
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Report
en_GB
Innovation will be a major contributor to generate cheese sales growth in the next two years. Caroline Roux, Consultant Analyst…
Global
Cheese
simple

The Future of Cheese 2024

Discover the latest global trends and activity across the cheese market. Our forward-looking report identifies areas which are evolving, consumer attitudes, and important advances expected across the EMEA, APAC, and Americas regions over the next five years and beyond.

Current Market Landscape of the Cheese Market

In terms of market performance, high inflation drove growth in established cheese markets such as the UK and US. Meanwhile, cheese value sales dropped in China, though as awareness increases, this market is expected to improve. For innovation, the US leads, but genuine global cheese launches hit a low, when compared to renovations.

Global Cheese Market Trends in the Next Two Years

As the market improves with inflation slowing down and real incomes recovering, appeal in new, premium cheese is expected. Some consumers eat less cheese due to health concerns, so brands should aim to compete effectively by being vocal about healthier cheeses and nutrient properties.

Cheese Market Forecast: Five Years and Beyond

Consumers will start to question the lack of transparency around processing aids, rarely listed on labels, particularly as coverage increases. Meanwhile, cheese brands will leverage AI for innovation, and demand will contribute to India becoming a major cheese market.

  • 78% of Indian consumers buy dairy products, but cheese is eaten by a smaller share.

Expert Analysis From a Specialist in the Field

Leading food analyst Caroline Roux delivers expert industry insight with this in-depth report.

Innovation will be a major contributor to generate cheese sales growth in the next two years.

Caroline Roux - Global Analyst
Caroline Roux
Consultant Analyst

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  1. WHAT YOU NEED TO KNOW

  2. In the next two years

    • Excite with exploration
    • Graph 1: changes to favoured cheese buying if had more money, 2023
    • Reassure on nutrition
    • Graph 2: reasons for eating less cheese, 2023
    • Graph 3: new dairy cheese*, by children (5-12) and babies/toddlers claims, 2019-23
    • Moral comfort
    • Graph 4: % of agreement with ‘Eating cheese boosts your mood’, 2022
  3. IN FIVE YEARS AND BEYOND

  4. KEY TAKEAWAYS

What is a 'Future of' Report?

Have you ever wondered how to get a clear view of what’s next for your industry? Forget the crystal ball, what you need is a Mintel ‘Future of’ reports. The reports offer a forward-looking perspective, helping you identify upcoming opportunities and navigate the trends that will shape your business for the next five years and beyond.

How Mintel Builds a Picture of the Future

Creating a ‘Future of’ report is a comprehensive process that combines deep data analysis with expert human insight. Here’s a look at the core components that make these reports so valuable.

Expert Insights from Category Analysts

Our dedicated category analysts are at the heart of these reports. They bring years of industry experience and a deep understanding of global markets. They interpret complex data, connect the dots, and provide you with expert recommendations on what to expect in the next two years, five years, and even further into the future. They provide the strategic thinking you need to stay ahead.

Powered by Robust Data

Our analysis is grounded in solid data. A key source is Mintel’s Global New Products Database (GNPD), a powerful resource that tracks product innovation and launches around the world. By analysing this wealth of information, we can spot emerging patterns and shifts in the market. This data, combined with our knowledge of consumer behavior, allows us to anticipate what consumers will want next.

Designed for Forward-Thinking Strategy

Our ‘Future of’ reports are designed to help you look ahead with confidence. By focusing on trend forecasting and identifying future opportunities, these reports provide the insights you need to innovate and plan effectively. They are crafted specifically to help you anticipate market shifts and make proactive decisions, ensuring you and your business are prepared for what’s to come.

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