Probiotic Cheese Market To Reach USD 1,281.2 Million By 2034
The U.S. is expected to lead the probiotic cheese market with a 21.3% share by 2034, driven by significant R&D investments and innovation, offering high-quality products at competitive prices.
The global probiotic cheese market value is expected to rise at a 15.1% CAGR from 2024 to 2034. The market is slated to embark on a positive growth trajectory, attaining a value of US$ 526.2 million by 2024. It is anticipated to rise to US$ 1,281.2 million by 2034.
Investment in research & development has reaped benefits for companies as advancements in studying and experimenting have shown probiotic cheese to be an excellent alternative to currently used pasteurized cheese because of the presence of health-benefiting good bacteria. Owing to fitness blogs, influencers, journals, and savvy marketing from companies, these benefits of probiotic cheese are reaching modern consumers. This holds the potential for significant probiotic cheese market growth.
The aging population around the world and lifestyle choices have led to a staggering rise in digestive and gut health issues. This has led to a growing demand for all probiotic products, which points to strong market growth in the forecast years for probiotic cheese.
Key Takeaways From The Global Probiotic Cheese Market Study:
- The United States is anticipated to be one of the most significant markets for probiotic cheese comprising 21.3% of the share.
- France is set to generate a market share of about 10.4% in 2034.
- The feta cheese segment is anticipated to dominate the global market with a predicted CAGR of 13.7% from 2024 to 2034.
- Hypermarkets and supermarkets are estimated to witness a CAGR of 10.6% from 2024 to 2034.
- In terms of bacteria type, the saccharomyces segment is set to rise at a CAGR of 11.4% from 2024 to 2034.
“Companies will keep investing in research & development and launch more effective functionalities to provide multiple health benefits,” – Nandini Roy Choudhury, Client Partner at Future Market Insights
Who Is Winning?
As the probiotic cheese market is very consumer-driven, price plays an important role in determining the success of the product and the company. Only a new product with a competitive price can challenge the existing product, even if it is of higher quality and improved health benefits. Some of these leaders of the Global probiotic cheese market include Beecher’s, Beehive Cheese, Belgioioso, Cabot Creamery, East Hill Creamery, and Danone SA.
For instance,
- In August 2023, United States-based Lifeway Foods, the producer of Probiotic Farmer Cheese, started investing in research & development in order to increase cheese production.
- In August 2021, California-based Good Culture launched a series of cottage cheeses with probiotics, boasting of being a simple product with numerous health benefits of gut-friendly live bacterium.
Market Segmentation Of Probiotic Cheese
By Cheese Type:
- Swiss
- Feta
- Parmesan
- Cheddar
- Cottage
- Provolone
- Gouda
- Others
By Bacteria Type:
- Lactobacillus
- Streptococcus
- Bifidobacterium
- Bacillus Coagulants
- Saccharomyces
- Lactococcus Lactis
- Others
By Sales Channel:
- Hypermarkets / Supermarkets
- Specialty Stores
- E-commerce
- Health & Wellness Stores
- Convenience Stores
- Departmental Stores
- Others
By Region:
- South Asia
- East Asia
- Oceania
- North America
- Latin America
- Europe
- Middle East & Africa
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Source: Finance.Yahoo