Blue Cheese Market Expected to Reach $2.2 Billion by 2032 | Rogue Creamery, The Kroger, Cashel Blue Cheese

PORTLAND, OREGON, UNITED STATES, October 18, 2023 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “Blue Cheese Market," The blue cheese market size was valued at $1.5 billion in 2022, and is estimated to reach $2.2 billion by 2032, growing at a CAGR of 4.3% from 2023 to 2032.

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Consumers are progressively gravitating towards top-tier, artisanal offerings that boast distinctive flavors and attributes. This shift in preferences has catapulted blue cheese to the forefront as a coveted choice among gourmands and aficionados. Its allure lies in its meticulous craftsmanship and unmistakable flavor profile, often derived from time-honored methods and meticulous aging processes. These artisanal practices yield cheeses that exude unparalleled depth, complexity, and opulence.

The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have been also focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the blue cheese market report include Rogue Creamery, The Exmoor Blue Cheese Company, The Kraft Heinz Company, Organic Valley Family of Farms, Maytag Dairy Farms, Blue Cow Cheese Company, Cashel Blue Cheese, The Kroger Co., Arla Foods amba, and Bel.

The North American and Asia-Pacific regions present remarkable growth potential for the blue cheese market. The rising consumption of fast-food staples like pasta, pizza, and burgers in QSRs significantly fuels the demand for cheese. Furthermore, the extended shelf life of cheese and the escalating demand for protein-rich food products further amplify blue cheese market growth.

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The blue cheese market analysis is segmented on the basis of type, source, texture, distribution channel, and region. By type, the market is classified into gorgonzola, castello double crème blue, roquefort, stilton, and castello traditional danish blue. As per source, the market is classified into sheep’s milk, cow’s milk, and goat’s milk. Depending on texture, the market is classified into hard blue cheese and soft blue cheese. By distribution channel, the market is classified into online retail, specialty stores, supermarket/hypermarket, and others. Region-wise, it is analyzed across North America (U.S., Canada, Mexico), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, KSA, and Rest of LAMEA).

By type, the blue cheese market forecast is classified into gorgonzola, castello double crème blue, roquefort, stilton, and castello traditional danish blue. The roquefort segment accounted for a major Blue Cheese Market Share of market in 2022 and is expected to grow at a significant CAGR during the forecast period. Roquefort, a globally acclaimed blue cheese hailing from France, stands out for its exquisite attributes. Crafted from the milk of sheep, this cheese showcases a crumbly consistency, robust and piquant taste, and unmistakable marbling of blue-green veins. The escalating appetite for premium and artisanal cheeses serves as a catalyst for Roquefort's expansion. Its unparalleled production technique, entailing maturation in natural caverns, and the prestigious protected designation of origin (PDO) recognition further heighten its allure.

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By texture, the market is classified into hard blue cheese and soft blue cheese. The hard blue cheese segment accounted for a major share of the blue cheese market in 2022 and is expected to grow at a significant CAGR during the forecast period.

Region-wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, KSA, and Rest of LAMEA). The proliferation of the cheese sector across Europe is primarily propelled by the pervasive incorporation of cheese as a beloved culinary element in the gastronomic traditions of numerous European nations.

KEY FINDINGS OF THE STUDY

By type, the roquefort segment was the highest revenue contributor to the market in 2022 and is expected to grow at a significant CAGR during the forecast period.
By source, the cow’s milk segment was the highest revenue contributor to the market in 2022 and is expected to grow at a significant CAGR during the forecast period.
By texture, the hard blue cheese segment was the highest revenue contributor to the market in 2022 and is expected to grow at a significant CAGR during the forecast period.
By distribution channel, the supermarkets/hypermarkets segment was the highest revenue contributor to the market in 2022 and is expected to grow at a significant CAGR during the forecast period.
By region, the Europe region was the highest revenue contributor to the market in 2022 and is expected to grow at a significant CAGR during the forecast period.

David Correa
Allied Market Research
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