Probiotic Cheese Market is expected to reach USD 1,281.2 million by 2034 due to increasing demand for good bacteria that are beneficial for health
The United States is expected to dominate the probiotic cheese market with a share of 21.3% by 2034, driven by significant investments in R&D and innovation, offering high-quality products at competitive prices.
NEWARK, Del, July 16, 2024 (GLOBE NEWSWIRE) — The global probiotic cheese market value is expected to grow at a rapid pace 15.1% CAGR from 2024 to 2034. The market is expected to embark on a positive growth trajectory, reaching a value of 526.2 million US dollars by 2024. It is expected to increase to 1,281.2 million USD by 2034.
Investments in research and development have paid off for companies as advances in studies and experiments have shown that probiotic cheese is a great alternative to the currently used pasteurized cheese due to the presence of good bacteria that are beneficial for health. Thanks to fitness blogs, influencers, reviews, and savvy marketing by companies, these benefits of probiotic cheese are reaching modern consumers. This holds significant growth potential for the probiotic cheese market..
The aging of the global population and lifestyle choices have led to a steep rise in digestive and gut health issues. This has led to an increasing demand for all probiotic products, which suggests a strong growth in the probiotic cheese market in the coming years.
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Key Takeaways from the Global Probiotic Cheese Market Study:
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The United States is expected to be one of the most important markets for probiotic cheese, especially 21.3% from.
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France is expected to generate a market share of around 10.4% in 2034.
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The feta cheese segment is expected to dominate the global market with an expected CAGR of 13.7% from 2024 to 2034.
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Hypermarkets and supermarkets are estimated to experience a CAGR of 10.6% from 2024 to 2034.
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In terms of bacteria type, the saccharomyces segment is expected to grow at a CAGR of 11.4% from 2024 to 2034.
“Companies will continue to invest in research and development and launch more effective features to deliver multiple health benefits,” – Nandini Roy ChoudhuryClient Partner at Future Market Insights
Who wins?
Since the probiotic cheese market is very consumer-driven, price plays a significant role in determining the success of the product and the company. Only a new product with a competitive price can compete with the existing product, even if it is of better quality and has health benefits. Some of the leaders in the global probiotic cheese market include Beecher’s, Beehive Cheese, Belgioioso, Cabot Creamery, East Hill Creamery, and Danone SA.
For example,
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As of August 2023, based in the United States Lifeway Foodsthe producer of probiotic farmhouse cheese, has started investing in research and development in order to increase cheese production.
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In August 2021, a California-based company Good culture has launched a series of cottage cheeses with probiotics, boasting of being a simple product with many health benefits thanks to live bacteria beneficial to the intestine.
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Probiotic Cheese Market Segmentation
By type of cheese:
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Swiss
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Feta cheese
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Parmesan cheese
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Cheddar
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Cottage
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Provolone
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Gouda
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Others
By type of bacteria:
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Lactobacillus
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Streptococcus
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Bifidobacterium
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Bacillus-based coagulants
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Saccharomyces
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Lactococcus Lactis
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Others
By sales channel:
By region:
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South Asia
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East Asia
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Oceania
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North America
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Latin America
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Europe
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Middle East and Africa
Written by:
Nandini Roy Choudhury (Client Partner for Food & Beverage at Future Market Insights, Inc.) has over 7 years of management consulting experience. She advises industry leaders and explores the opportunities and challenges they face. She puts in place processes and operating models to support their business objectives.
She has exceptional analytical skills and often demonstrates thought leadership.
Nandini has extensive functional expertise in key niches including food ingredients, nutrition and health solutions, animal nutrition and marine nutrients. She is also well versed in the pharmaceutical, biotechnology, retail and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in business growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration, and cost reduction. Nandini holds an MBA in Finance from the MIT School of Business. She also holds a Bachelor of Science degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications and been quoted in journals such as Beverage Industry, Bloomberg and Wine Industry Advisor.
Check out FMI’s ongoing coverage of food and beverage:
The cheese colors market size is expected to reach US$ 371.4 million by 2023. The cheese colors market is expected to reach US$ 940.4 million by 2033, growing at a CAGR of 10.60%.
The global demand for cheese analogues is expected to grow at a CAGR of 6.5% between 2023 and 2033, reaching approximately US$ 4,052.6 million by 2033.
The cheese market share is expected to grow from US$95.0 billion in 2023 to US$160.0 billion in 2033, at a CAGR of 5.4% from 2023 to 2033.
The global cheese concentrate market size is expected to be valued at US$ 1,858 million in 2023 and is projected to grow at a CAGR of 5% during the forecast period.
The global probiotic supplements market size is expected to reach USD 7,524.6 million by 2024. It is expected to exhibit steady growth during the forecast period.
The Probiotic Fermented Milk Market size is expected to grow at a CAGR of 3.7%. The market value is expected to increase from USD 394.1 million in 2022 to USD 566.7 million by 2032.
The probiotic yogurt market size is expected to grow from US$ 26,543 million in 2023 to US$ 58,092.8 million in 2033.
The global probiotic infant formula market size is expected to grow from US$ 526.2 million in 2024 to US$ 1,281.2 million by 2034.
The global probiotics market size after antibiotic recovery is expected to reach US$91.77 billion by 2032.
The demand for dairy alternatives is expected to grow at a CAGR of 7.3% and is projected to reach a value of US$ 46,832.6 million by 2034.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR Certified, Stevie Award Winner, and a member of the Greater New York Chamber of Commerce) offers in-depth insights into the drivers that drive market demand. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the packaging, food and beverage, consumer technology, healthcare, industrial, and chemicals markets. With an extensive team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on various industry domains and trends in over 110 countries.
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