PUBLISHER: The Business Research Company | PRODUCT CODE: 1546431
PUBLISHER: The Business Research Company | PRODUCT CODE: 1546431
Blue cheese is a variety known for its blue or blue-green veins or spots, which are formed by mold cultures such as Penicillium. Its flavor is robust and tangy, ranging from mild to sharp based on aging and type. Blue cheeses are typically creamy and crumbly, with a distinct aroma, and they are used in salads, dressings, sauces, or as a standalone cheese on platters.
The main types of blue cheese include gorgonzola, castello double creme blue, roquefort, stilton, and castello traditional danish blue. Gorgonzola, originating from Italy, features a creamy texture with prominent blue-green veining from Penicillium roqueforti mold. These cheeses vary in texture, from hard to soft, and are made from sheep's milk, cow's milk, or goat's milk. They are sold through channels such as online retail, specialty stores, supermarkets, and hypermarkets.
The blue cheese market research report is one of a series of new reports from The Business Research Company that provides blue cheese market statistics, including blue cheese industry global market size, regional shares, competitors with a blue cheese market share, detailed blue cheese market segments, market trends, and opportunities, and any further data you may need to thrive in the blue cheese industry. This blue cheese market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The blue cheese market size has grown strongly in recent years. It will grow from $1.44 billion in 2023 to $1.52 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth seen in the historical period can be credited to the rise of e-commerce, an increasing vegan population, growing demand for artisanal and organic products, rising popularity of cheese pairings, and the increasing preference for cheese-based snacks.
The blue cheese market size is expected to see strong growth in the next few years. It will grow to $1.92 billion in 2028 at a compound annual growth rate (CAGR) of 6%. The growth anticipated in the forecast period can be attributed to the rising prevalence of allergies, increasing availability of plant-based food products, growing demand for nutrient-rich foods, expanding convenience product offerings, and the rising consumer demand for protein-rich foods. Key trends expected in the forecast period include the introduction of new flavors, convenient snacking options, innovation in plant-based blue cheese products, development of novel product variations, and the creation of more convenient snacking choices.
The growth of the blue cheese market is expected to be driven by the increasing consumption of convenience foods. Convenience food, which includes frozen, dried, or canned meals that can be quickly and easily prepared, is expanding significantly. This trend is benefiting the blue cheese market as consumers increasingly seek flavorful, premium, and convenient meal options. Blue cheese is now prominently featured in ready meals, snacks, and gourmet products. For example, a report by Krungsri, a commercial banking company in Thailand, noted that in 2022, the ready-to-eat food sector saw domestic and export sales totaling 482.4 thousand tons valued at USD 2.0 billion, underscoring the rising demand for convenience foods that is propelling the growth of the blue cheese market.
Major companies in the blue cheese market are developing plant-based alternatives. Plant-based cheese, made entirely from plant-based ingredients, aims to replicate the taste, texture, and melting properties of traditional dairy cheese. This innovation caters to consumers following vegan, lactose-free, or plant-based diets, aligning with their preferences for healthier and environmentally sustainable choices. For instance, Climax Foods, a US-based food technology company, introduced Climax Blue in March 2023. This plant-based cheese alternative offers a rich, tangy flavor and creamy texture similar to traditional blue cheese, leveraging proprietary fermentation technology. Climax Blue targets both the food service and retail sectors, reflecting a broader trend towards sustainable and dietary-specific cheese alternatives that utilize advanced technology to meet evolving consumer needs.
In June 2022, AgCertain Industries Inc., a company based in the US specializing in the development, manufacturing, and marketing of food, agricultural, and bio-based products, acquired Maytag Dairy Farms for an undisclosed sum. This acquisition enables AgCertain Industries to expand its offerings to farmers, potentially incorporating innovative agricultural equipment, precision farming technologies, and advanced crop management systems. Maytag Dairy Farms, also based in the US, is renowned for its production of blue cheese.
Major companies operating in the blue cheese market are The Kroger Co., Groupe Lactalis S.A., Kraft Heinz Company, Arla Foods Group, Fonterra Co-operative Group, Saputo Inc., Danish Crown, Savencia SA, Emmi Group, Bel Group, Sargento Foods Inc., Organic Valley, Roth Cheese, Carr Valley Cheese, Maytag Dairy Farms, Point Reyes Farmstead Cheese Company, Climax Foods Inc., Castello, AgCertain Industries Inc., Rogue Creamery, La fromagerie Papillon, Roquefort Societe, Great Hill Dairy Inc., Vermont Shepherd LLC
North America was the largest region in the blue cheese market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the blue cheese market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the blue cheese market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The blue cheese market consists of sales of blue cheese crumbles, cheese sauces, blue cheese burgers, blue cheese snacks, and blue cheese condiments. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Blue Cheese Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on blue cheese market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for blue cheese ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The blue cheese market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.