Europe Cheese Market Research Report, 2030
- Actual Market Research
- 30-01-2025
- Pages : 101
- Figures : 15
- Tables : 33
- Region : Europe
- Category : Food & Beverages
- Food
Europe Cheese Market expected to reach USD 84.95B by 2030, shaped by a rich tradition of cheese production and expanding consumer base.
Featured Companies
- 1. Gujarat Co-operative Milk Marketing Federation Limited
- 2. Meiji Holdings Co., Limited
- 3. Parag Milk Foods Limited
- 4. The Kraft Heinz Company
- 5. Mondelez International
- More...
Market Analysis
The European cheese market has a long and rich history, with cheese-making traditions dating back thousands of years, deeply intertwined with the agricultural practices of the continent. Originally developed as a method of preserving milk, cheese became a staple in European diets, with different regions perfecting their unique varieties over time. Over centuries, the techniques for cheese production evolved, and the emergence of distinct regional varieties established the foundations for today’s diverse cheese market. The evolution of the market has seen the transition from small, local production to larger-scale commercial operations, especially with the industrialization of food production in the 19th and 20th centuries. By the 20th century, innovations in cheese-making technologies and the standardization of production methods led to the mass production of popular cheeses, while smaller, artisanal cheese makers continued to maintain regional and specialty varieties. This development helped shape a market that offers an extensive variety of cheeses, catering to both mass-market consumption and niche, high-quality artisanal products. Throughout the years, the European cheese market has grown steadily, benefiting from the continent's deep-rooted culinary traditions, which led to cheese becoming a central element of European cuisine and culture. Cheese is enjoyed not only in daily meals but also in celebrations, representing an integral part of European heritage. As the market matured, it expanded across borders within Europe, with cheeses being traded extensively between countries, facilitating a rich exchange of styles and techniques. Cheese became increasingly integrated into both local and regional economies, influencing the agriculture, retail, and food service sectors. The global influence of European cheese began to rise as countries outside Europe developed an appreciation for European varieties, with international markets seeking European-made cheeses for their quality, craftsmanship, and diversity. Over time, European cheeses gained recognition in international food markets, and with globalization, the market saw growing exports and the increasing popularity of European cheeses worldwide. This global expansion allowed the region to solidify its position as a leader in the global dairy industry, establishing European cheese as a highly sought-after commodity in various international markets. According to the research report "Europe Cheese Market Research Report, 2030," published by Actual Market Research, the Europe Cheese market is expected to reach a market size of more than USD 84.95 Billion by 2030. The European cheese market is shaped by a rich tradition of cheese production, with France, Germany, Italy, and the Netherlands leading the way as the primary producers. France, known for its extensive range of cheeses, is the largest producer in Europe, followed by Germany and Italy, both of which also have strong cheese-making traditions. The growing consumer demand for artisanal and premium cheeses is a significant trend, with consumers increasingly seeking locally sourced, high-quality products that highlight regional varieties and traditional production methods. This trend has led to a rise in small-scale, artisanal cheese makers across Europe, particularly in countries like France and Italy, where regional specialties like Camembert, Roquefort, Parmigiano-Reggiano, and Pecorino are in high demand. At the same time, plant-based cheeses are gaining popularity, particularly in the UK, Germany, and the Netherlands, as the demand for vegan alternatives to traditional dairy products continues to rise. This shift is being driven by growing health consciousness and environmental concerns among European consumers. Major players in the market, such as Danone, Nestlé, FrieslandCampina, Savencia Fromage & Dairy, and Arla Foods, have expanded their portfolios to include both traditional dairy-based and plant-based cheese options. These companies are also responding to the European Union's sustainability initiatives, including the Green Deal, by adopting environmentally friendly production practices, such as reducing carbon emissions, using renewable energy, and opting for sustainable packaging. The COVID-19 pandemic further accelerated the growth of e-commerce in the cheese sector, with consumers turning to online platforms for cheese purchases during lockdowns, a trend that continues to influence the market. In terms of trade, Europe remains a significant exporter of cheese within the region, with countries like France, Italy, and the Netherlands leading the export of a wide variety of cheeses to other European markets. This strong intra-regional trade, coupled with an increasing focus on sustainability and innovation, positions the European cheese market for continued growth and adaptation to evolving consumer demands.
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Market Drivers • Health-conscious Consumer Trends: With a growing focus on health, European consumers are becoming more selective about their dietary choices. This has led to an increase in demand for cheese products that are lower in fat, contain probiotics, and offer functional benefits such as improved gut health. As consumers become more aware of the nutritional content of the products they purchase, brands are innovating to offer healthier, more nutritious cheese alternatives, driving the market forward. • Plant-based and Lactose-Free Cheese Demand: The increasing trend toward plant-based diets, fueled by environmental concerns and health considerations, is driving the demand for dairy-free cheese alternatives. As more consumers adopt vegan or lactose-intolerant lifestyles, the market for plant-based cheeses made from ingredients like almonds, cashews, and soy is expanding rapidly. This growing demand is influencing product innovation and creating new market opportunities in the cheese segment. Market Challenges • Environmental Sustainability: Cheese production is associated with significant environmental concerns, including high water usage and carbon emissions. As sustainability becomes a critical focus for consumers and regulatory bodies, the industry faces pressure to reduce its environmental impact. This includes adopting more sustainable farming practices, reducing waste in the production process, and ensuring responsible sourcing of raw materials, which can be challenging for both large producers and artisanal makers. • Supply Chain and Price Volatility: Fluctuating raw material costs, particularly for milk, pose a significant challenge for the European cheese market. Price volatility is exacerbated by factors such as climate change, labor shortages, and international trade disruptions. Additionally, logistical challenges related to transportation, refrigeration, and storage further complicate the supply chain, making it difficult to maintain price stability and consistent availability. Market Trends • Premiumization of Cheese Products: There is a growing preference among European consumers for high-quality, artisanal, and premium cheeses that offer unique flavors and heritage. As disposable incomes rise, consumers are more willing to spend on specialized products like aged cheeses, PDO (Protected Designation of Origin) cheeses, and cheeses from local producers. This trend reflects an increased appreciation for craftsmanship, quality ingredients, and the story behind the product. • E-commerce and Online Sales Growth: The shift toward online shopping is reshaping the cheese market in Europe. More consumers are turning to e-commerce platforms for convenience, variety, and access to premium and niche cheeses that may not be available in local stores. This trend is driving significant growth in the online cheese market, with retailers and producers investing in digital channels to meet consumer demand and expand their reach.
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Segmentation
Mozzarella cheese is leading the European cheese market due to its widespread use in popular dishes, particularly pizza, and its adaptability in various culinary applications across the region. Mozzarella cheese has become a dominant force in the European cheese market, largely because of its central role in the preparation of pizza, which remains one of the most popular and consumed dishes across Europe. Its mild flavor, smooth texture, and ability to melt and stretch make it the go-to cheese for many consumers and foodservice providers, particularly in the growing quick-service restaurant (QSR) and takeaway sectors. This increased demand for mozzarella is also closely tied to the surge in frozen food consumption, where mozzarella-topped frozen pizzas have become a staple in households. Beyond pizza, mozzarella’s versatility allows it to be used in a wide array of culinary applications, from pasta dishes like lasagna to salads, sandwiches, and baked goods, which further drives its consumption. In countries like Italy, its origin and cultural significance also contribute to its popularity, as mozzarella is an essential part of traditional Mediterranean dishes such as Caprese salad and various antipasti. The rise of the health-conscious consumer has also played a role in mozzarella's growth, as it is perceived as a lighter, lower-fat alternative compared to many other cheeses, particularly when consumed in moderation. In addition, the demand for fresh mozzarella has surged, fueled by the growing interest in artisanal and authentic products, which has spurred innovation in production methods and product variety, including organic and plant-based mozzarella alternatives. Moreover, mozzarella's appeal is amplified by the expansion of food delivery services and fast-casual dining, both of which prominently feature mozzarella-based offerings. These factors, combined with its widespread presence in supermarket shelves and its strong export potential, particularly in the frozen food sector, have solidified mozzarella's position as the leading and fastest-growing cheese variety in the European market. Shredded cheese is significant in the European cheese market due to its convenience, versatility, and alignment with the growing demand for ready-to-use, time-saving food products. Shredded cheese has become a staple in the European cheese market, driven primarily by its convenience and versatility, which cater to the busy lifestyles of modern consumers. With an increasing number of people opting for quick meals and time-saving cooking solutions, shredded cheese offers a practical option for a wide range of dishes. It is commonly used in pizza, salads, pasta dishes, sandwiches, and baked goods, making it a go-to choice for both home cooks and foodservice providers. The ease of use, as it eliminates the need for grating, has led to its strong appeal, particularly among families, students, and professionals who seek quick meal preparation without compromising on quality. Moreover, the growing trend toward convenience foods, including pre-packaged salads, ready-to-eat meals, and frozen pizzas, has boosted shredded cheese's popularity as it fits seamlessly into these products. Shredded cheese is also favored in the foodservice industry, especially in quick-service restaurants (QSRs) and fast-casual dining establishments, where it is often used as a topping for pizzas, tacos, and other dishes that require a quick, meltable cheese solution. In addition to convenience, shredded cheese has benefited from innovations in packaging that extend shelf life, ensuring it remains fresh for longer periods. This has allowed it to dominate supermarket shelves and appeal to consumers seeking longer-lasting products that do not require immediate consumption. Additionally, the versatility of shredded cheese means it can be used in both traditional and contemporary European dishes, further solidifying its place in everyday meals. As more consumers prioritize ease and efficiency without sacrificing flavor, shredded cheese continues to rise in prominence, driving its growth in the European cheese market. Natural cheese leads the European cheese market due to its rich tradition, diverse varieties, and the growing consumer preference for high-quality, authentic, and minimally processed products. Natural cheese holds a dominant position in the European cheese market primarily because of its long-standing cultural significance and the strong consumer preference for authenticity and quality. Europe, known for its centuries-old cheese-making traditions, produces a vast range of natural cheeses, each with distinct flavors, textures, and regional identities. From the creamy Brie in France to the sharp Cheddar in the United Kingdom and the nutty Gruyère in Switzerland, natural cheeses are an essential part of the European culinary experience. These cheeses are often made using traditional methods, which not only preserve the artisanal qualities but also resonate with consumers who value craftsmanship and heritage. The increasing demand for high-quality, minimally processed food products has driven the popularity of natural cheese, as consumers are more aware of the ingredients in the products they consume and seek transparency. Natural cheese, made from milk, cultures, enzymes, and salt, aligns with this demand, as it is perceived as a more wholesome and authentic option compared to processed varieties, which often contain additives, preservatives, and artificial flavors. Additionally, the rise in popularity of organic and sustainably produced food has further bolstered the demand for natural cheese, as many European producers emphasize the use of organic milk and eco-friendly production practices. With natural cheese being central to European gastronomy, its versatility in both everyday meals and gourmet dishes also enhances its popularity. It can be enjoyed on its own, as part of a cheese board, or incorporated into a wide variety of recipes, from pizzas and sandwiches to sauces and pastas. This adaptability, combined with its cultural and sensory appeal, has cemented natural cheese as the preferred choice among European consumers, making it the leading segment in the market. Specialty stores are significant in the European cheese market because they offer a curated selection of high-quality, artisanal, and often region-specific cheeses that cater to discerning consumers seeking unique and authentic products. Specialty stores hold a key position in the European cheese market due to their focus on premium, artisanal, and sometimes rare cheese varieties that are not commonly found in larger supermarkets or hypermarkets. These stores provide an opportunity for cheese enthusiasts to explore and purchase high-quality cheeses that reflect regional traditions and craftsmanship. In countries with a strong cheese culture, such as France, Italy, and the Netherlands, specialty cheese shops often carry locally made cheeses with Protected Designation of Origin (PDO) or Protected Geographical Indication (PGI) status, ensuring the authenticity and quality of the products. These certifications make specialty stores an essential channel for consumers who value the heritage and traditional methods of cheese production. Moreover, specialty stores often have knowledgeable staff, such as cheesemongers, who can offer expert advice and personalized recommendations to customers, further enhancing the shopping experience. This level of expertise is a significant draw for those looking to deepen their knowledge of cheese or discover new varieties that align with specific tastes. In addition to offering a wide range of local and international cheeses, specialty stores frequently stock complementary products like artisanal breads, cured meats, and fine wines, making them a one-stop destination for gourmet food. For consumers who appreciate the craftsmanship behind cheese-making and seek a more personalized, curated shopping experience, specialty stores provide a unique and valued alternative to mass-market retail outlets. As consumers increasingly prioritize quality over quantity and become more interested in sustainability and food provenance, the role of specialty stores in the European cheese market continues to grow, providing access to artisanal cheeses that embody both tradition and innovation. Plant-based cheeses are the fastest-growing segment in the European cheese market due to the increasing demand for dairy alternatives driven by health, ethical, and environmental considerations. The rapid growth of plant-based cheeses in the European market is primarily fueled by shifting consumer preferences towards vegan and dairy-free products. As more individuals adopt plant-based, lactose-free, or flexitarian diets, the demand for dairy alternatives has surged. This is not only a response to health concerns—such as lactose intolerance, cholesterol management, and weight control—but also a growing awareness of the environmental impact of animal agriculture. The production of plant-based cheeses, made from ingredients like nuts, soy, coconut, and oats, is seen as a more sustainable option, as it typically requires fewer resources and produces lower carbon emissions compared to traditional animal-based dairy farming. Furthermore, the ethical considerations surrounding animal welfare have led many consumers to seek out plant-based alternatives as a way to avoid contributing to animal exploitation. The variety and quality of plant-based cheeses have also improved significantly, with advancements in production techniques and innovation in ingredients offering textures and flavors that more closely resemble their animal-based counterparts. As a result, plant-based cheeses are becoming a viable option not only for vegans but also for those looking to reduce their dairy consumption or experiment with new flavors. In countries like the United Kingdom, Germany, and the Netherlands, plant-based cheese sales have seen substantial increases, supported by a rise in veganism and vegetarianism, as well as increased availability in mainstream supermarkets and specialty stores. The growing variety of plant-based cheeses—ranging from block cheeses to spreads, slices, and even grated options—has made it easier for consumers to incorporate these products into their daily lives. Retailers and producers are responding to this demand by expanding their plant-based product lines, making dairy-free options more accessible and attractive to a broader audience. The combination of health, sustainability, and ethical motivations, alongside continuous improvements in taste and texture, positions plant-based cheeses as the fastest-growing segment in the European cheese market.
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Market Regional Insights
France leads the European cheese market due to its rich cultural heritage, vast diversity of cheese varieties, and strong domestic and international demand. France's dominance in the European cheese market is rooted in its deep cultural connection to cheese, which has been an integral part of the nation’s culinary identity for centuries. With more than 400 distinct types of cheese produced across the country, ranging from soft, creamy varieties like Brie and Camembert to sharp, blue cheeses like Roquefort, France’s vast cheese diversity caters to a wide array of tastes and preferences. Each region of France boasts its own specialty, often using local milk and traditional methods passed down through generations. This regional specialization has led to the creation of some of the world’s most iconic cheeses, with certain varieties receiving prestigious designations like Protected Designation of Origin (PDO), ensuring they are produced in specific regions with particular techniques. These PDO certifications not only preserve traditional practices but also boost the value of French cheeses in the global marketplace, attracting international consumers seeking authentic, high-quality products. Furthermore, France's deep-rooted cheese culture drives high levels of domestic consumption, with cheese being a staple in French diets, whether as part of meals or enjoyed separately during social gatherings. French consumers have a strong preference for premium, artisanal, and locally made cheeses, which further fuels the market’s growth within the country. The nation’s extensive cheese export sector also plays a critical role in maintaining France's leadership, with French cheeses being highly regarded and sought after in international markets. This global demand is supported by France's well-established trade networks and strategic marketing efforts that emphasize the country’s rich cheese-making heritage..
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Companies Mentioned
- Gujarat Co-operative Milk Marketing Federation Limited
- Meiji Holdings Co., Limited
- Parag Milk Foods Limited
- The Kraft Heinz Company
- Mondelez International
- Arla Food
- Glanbia plc
- FrieslandCampina Professional
- Saputo Inc.
- Savencia Fromage & Dairy
- DMK Deutsches Milchkontor GMBH
- Bel Group
- The Ilchester Cheese Company (Tine SA)
- Lactalis Group
Table of Contents
- 1. Executive Summary
- 2. Research Methodology
- 2.1. Secondary Research
- 2.2. Primary Data Collection
- 2.3. Market Formation & Validation
- 2.4. Report Writing, Quality Check & Delivery
- 3. Market Structure
- 3.1. Market Considerate
- 3.2. Assumptions
- 3.3. Limitations
- 3.4. Abbreviations
- 3.5. Sources
- 3.6. Definitions
- 4. Economic /Demographic Snapshot
- 5. Global Cheese Market Outlook
- 5.1. Market Size By Value
- 5.2. Market Share By Region
- 5.3. Market Size and Forecast, By Product
- 5.4. Market Size and Forecast, By Form
- 5.5. Market Size and Forecast, By Type
- 5.6. Market Size and Forecast, By Distribution Channel
- 5.7. Market Size and Forecast, By Source
- 6. Europe Cheese Market Outlook
- 6.1. Market Size By Value
- 6.2. Market Share By Country
- 6.3. Market Size and Forecast, By Product
- 6.4. Market Size and Forecast, By Form
- 6.5. Market Size and Forecast, By Type
- 6.6. Market Size and Forecast, By Distribution Channel
- 6.7. Market Size and Forecast, By Source
- 7. Market Dynamics
- 7.1. Market Drivers & Opportunities
- 7.2. Market Restraints & Challenges
- 7.3. Market Trends
- 7.3.1. XXXX
- 7.3.2. XXXX
- 7.3.3. XXXX
- 7.3.4. XXXX
- 7.3.5. XXXX
- 7.4. Covid-19 Effect
- 7.5. Supply chain Analysis
- 7.6. Policy & Regulatory Framework
- 7.7. Industry Experts Views
- 7.8. Germany Cheese Market Outlook
- 7.8.1. Market Size By Value
- 7.8.2. Market Size and Forecast By Product
- 7.8.3. Market Size and Forecast By Type
- 7.8.4. Market Size and Forecast By Source
- 7.9. United Kingdom Cheese Market Outlook
- 7.9.1. Market Size By Value
- 7.9.2. Market Size and Forecast By Product
- 7.9.3. Market Size and Forecast By Type
- 7.9.4. Market Size and Forecast By Source
- 7.10. France Cheese Market Outlook
- 7.10.1. Market Size By Value
- 7.10.2. Market Size and Forecast By Product
- 7.10.3. Market Size and Forecast By Type
- 7.10.4. Market Size and Forecast By Source
- 7.11. Italy Cheese Market Outlook
- 7.11.1. Market Size By Value
- 7.11.2. Market Size and Forecast By Product
- 7.11.3. Market Size and Forecast By Type
- 7.11.4. Market Size and Forecast By Source
- 7.12. Spain Cheese Market Outlook
- 7.12.1. Market Size By Value
- 7.12.2. Market Size and Forecast By Product
- 7.12.3. Market Size and Forecast By Type
- 7.12.4. Market Size and Forecast By Source
- 7.13. Russia Cheese Market Outlook
- 7.13.1. Market Size By Value
- 7.13.2. Market Size and Forecast By Product
- 7.13.3. Market Size and Forecast By Type
- 7.13.4. Market Size and Forecast By Source
- 8. Competitive Landscape
- 8.1. Competitive Dashboard
- 8.2. Business Strategies Adopted by Key Players
- 8.3. Key Players Market Positioning Matrix
- 8.4. Porter's Five Forces
- 8.5. Company Profile
- 8.5.1. Groupe Lactalis S.A.
- 8.5.1.1. Company Snapshot
- 8.5.1.2. Company Overview
- 8.5.1.3. Financial Highlights
- 8.5.1.4. Geographic Insights
- 8.5.1.5. Business Segment & Performance
- 8.5.1.6. Product Portfolio
- 8.5.1.7. Key Executives
- 8.5.1.8. Strategic Moves & Developments
- 8.5.2. Saputo Inc.
- 8.5.3. Arla Foods
- 8.5.4. Royal FrieslandCampina N.V.
- 8.5.5. Groupe Bel
- 8.5.6. The Kraft Heinz Company
- 8.5.7. Savencia Fromage & Dairy
- 8.5.8. DMK Deutsches Milchkontor GmbH
- 8.5.9. Meggle Group
- 8.5.10. Valio Ltd
- 9. Strategic Recommendations
- 10. Annexure
- 10.1. FAQ`s
- 10.2. Notes
- 10.3. Related Reports
- 11. Disclaimer
Table 2: Top 10 Counties Economic Snapshot 2022
Table 3: Economic Snapshot of Other Prominent Countries 2022
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5: Global Cheese Market Size and Forecast, By Product (2019 to 2030F) (In USD Billion)
Table 6: Global Cheese Market Size and Forecast, By Form (2019 to 2030F) (In USD Billion)
Table 7: Global Cheese Market Size and Forecast, By Type (2019 to 2030F) (In USD Billion)
Table 8: Global Cheese Market Size and Forecast, By Distribution Channel (2019 to 2030F) (In USD Billion)
Table 9: Global Cheese Market Size and Forecast, By Source (2019 to 2030F) (In USD Billion)
Table 10: Europe Cheese Market Size and Forecast, By Product (2019 to 2030F) (In USD Billion)
Table 11: Europe Cheese Market Size and Forecast, By Form (2019 to 2030F) (In USD Billion)
Table 12: Europe Cheese Market Size and Forecast, By Type (2019 to 2030F) (In USD Billion)
Table 13: Europe Cheese Market Size and Forecast, By Distribution Channel (2019 to 2030F) (In USD Billion)
Table 14: Europe Cheese Market Size and Forecast, By Source (2019 to 2030F) (In USD Billion)
Table 15: Influencing Factors for Cheese Market, 2024
Table 16: Germany Cheese Market Size and Forecast By Product (2019 to 2030F) (In USD Billion)
Table 17: Germany Cheese Market Size and Forecast By Type (2019 to 2030F) (In USD Billion)
Table 18: Germany Cheese Market Size and Forecast By Source (2019 to 2030F) (In USD Billion)
Table 19: United Kingdom Cheese Market Size and Forecast By Product (2019 to 2030F) (In USD Billion)
Table 20: United Kingdom Cheese Market Size and Forecast By Type (2019 to 2030F) (In USD Billion)
Table 21: United Kingdom Cheese Market Size and Forecast By Source (2019 to 2030F) (In USD Billion)
Table 22: France Cheese Market Size and Forecast By Product (2019 to 2030F) (In USD Billion)
Table 23: France Cheese Market Size and Forecast By Type (2019 to 2030F) (In USD Billion)
Table 24: France Cheese Market Size and Forecast By Source (2019 to 2030F) (In USD Billion)
Table 25: Italy Cheese Market Size and Forecast By Product (2019 to 2030F) (In USD Billion)
Table 26: Italy Cheese Market Size and Forecast By Type (2019 to 2030F) (In USD Billion)
Table 27: Italy Cheese Market Size and Forecast By Source (2019 to 2030F) (In USD Billion)
Table 28: Spain Cheese Market Size and Forecast By Product (2019 to 2030F) (In USD Billion)
Table 29: Spain Cheese Market Size and Forecast By Type (2019 to 2030F) (In USD Billion)
Table 30: Spain Cheese Market Size and Forecast By Source (2019 to 2030F) (In USD Billion)
Table 31: Russia Cheese Market Size and Forecast By Product (2019 to 2030F) (In USD Billion)
Table 32: Russia Cheese Market Size and Forecast By Type (2019 to 2030F) (In USD Billion)
Table 33: Russia Cheese Market Size and Forecast By Source (2019 to 2030F) (In USD Billion)
Figure 2: Market attractiveness Index, By Region 2030
Figure 3: Market attractiveness Index, By Segment 2030
Figure 4: Global Cheese Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 5: Global Cheese Market Share By Region (2024)
Figure 6: Europe Cheese Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 7: Europe Cheese Market Share By Country (2024)
Figure 8: Germany Cheese Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 9: UK Cheese Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 10: France Cheese Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 11: Italy Cheese Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 12: Spain Cheese Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 13: Russia Cheese Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 14: Competitive Dashboard of top 5 players, 2024
Figure 15: Porter's Five Forces of Global Cheese Market
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