The global cheese market size reached US$ 88.5 Billion in 2023. Looking forward, IMARC Group, publisher of the market report “Cheese Market Report by Source, Type, Product, Format, Distribution Channel, and Region 2024-2032” expects the market to reach US$ 143.5 billion by 2032, exhibiting a growth rate (CAGR) of 5.5% during 2023-2032. Emerging technological advancement in cheese production, the significant expansion in the food service sector, and the widespread adoption of western dietary patterns among individuals are some of the major factors contributing to the market growth.
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