What are the latest figures on the liquid cheese market’s size and projected CAGR?
The liquid cheese market size has grown steadily in recent years. It will grow from $16.65 billion in 2024 to $17.21 billion in 2025 at a compound annual growth rate (CAGR) of 3.3%. The growth in the historic period can be attributed to a rise in traditional consumption, awareness of milk benefits, growing dietary trends, expansion of gourmet food retailers, and health and wellness movement.
The liquid cheese market size is expected to see steady growth in the next few years. It will grow to $19.34 billion in 2029 at a compound annual growth rate (CAGR) of 3.0%. The growth in the forecast period can be attributed to growing health consciousness, expanding dairy alternatives, increasing popularity of premium foods, an increase in disposable income, rising importance of e-commerce platforms, and increasing cheese consumption. Major trends in the forecast period include demand for plant-based foods, adoption of sustainable and ethical farming practices, innovation in packaging, preferences for organic and natural products, and growing popularity of artisanal and specialty cheeses.
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What are the key forces behind the liquid cheese market’s growth in recent years?
Rising consumption of on-the-go snacks is expected to propel the growth of the liquid cheese market going forward. On-the-go snacks refer to convenient, portable food items that are easy to carry and consume while moving or during busy activities. The demand is rising primarily due to factors such as health and wellness trends, busy lifestyles, and innovations in food packaging. Liquid cheese is a convenient snack option, ideal for on-the-go consumption as a topping or dip. Its easy packaging and transportability cater to quick and satisfying snacking needs without requiring heating or preparation. For instance, in March 2024, according to the report published by the Food Manufacturers, a UK-based online platform dedicated solely to readers working in the UK food and drink manufacturing industry, sales of on-the-go snacks reached 39% in 2023 compared to 2022. Sales in 2024 showed a 4% increase over the 2023. Therefore, the rising consumption of on-the-go snacks is driving the growth of the liquid cheese market.
What are the major segments of the liquid cheese market?
The liquid cheese market covered in this report is segmented –
1) By Product Type: Cheese Spread, Cheese Sauce, Cheese Dip, Other Product Types
2) By Cheese Type: Mozzarella, Cheddar, Parmesan, Other Cheese Types
3) By Distribution Channel: Offline, Online
Subsegmemnts:
1) By Cheese Spread: Cream Cheese Spread, Processed Cheese Spread, Flavored Cheese Spread
2) By Cheese Sauce: Traditional Cheese Sauce, Spicy Cheese Sauce, Mild Cheese Sauce
3) By Cheese Dip: Nacho Cheese Dip, Cheddar Cheese Dip, Blue Cheese Dip
4) By Other Product Types: Liquid Cheese Topping, Liquid Cheese for Cooking
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Liquid Cheese Market Report 2025
Which companies dominate the liquid cheese market?
Major companies operating in the liquid cheese market are The Kraft Heinz Company, Hormel Foods LLC, Conagra Foodservice Inc., Campbell Soup Company, Groupe Savencia, Frito-Lay North America Inc., Dairy Farmers of America Inc., Land O Lakes Inc., Britannia Industries, Dairygold Co-Operative Society Ltd., Berner, Gehl Foods LLC, Amul, Veeba Foods, Lactalis American Group Inc., Ricos Products Co., Newman’s Own, La Preferida, Alouette cheese, Knorr
What major trends will shape the liquid cheese market during the forecast period?
Major companies operating in the liquid cheese market are focused on developing advanced products, such as dairy-free cheese products, to bring back interest in dairy-free dishes and make them delicious and accessible for everyone. A dairy-free cheese product is a type of cheese substitute that originates without dairy components and typically contains plant-based elements such as nuts. For instance, in May 2024, Armored Fresh, a South Korea-based food company that produces plant-based cheese, launched Oat Milk Cheddar Dip. It is a dairy-free, gluten-free, non-GMO, and cholesterol-free cheese product that has the same rich, cheesy flavor as regular nacho cheese sauce. The dip is intended to mix well with a variety of appetizers, including pretzel bites, French fries, chips, and tacos, and has a creamy, cheesy flavor.
What are the key regional dynamics of the liquid cheese market, and which region leads in market share?
Europe was the largest region in the liquid cheese market in 2024. The regions covered in the liquid cheese market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Liquid Cheese Market Report 2025 Offer?
The liquid cheese market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Liquid cheese is a processed cheese product that maintains a smooth, pourable consistency. It is commonly made by blending cheese with emulsifying agents and other ingredients to achieve a stable, liquid form. The purpose of liquid cheese is to provide a convenient, easy-to-use topping or ingredient for dishes, ensuring consistent flavor and texture in food preparation.
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