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A service for global industry professionals · Tuesday, July 16, 2024 · 728,086,146 Articles · 3+ Million Readers

Probiotic Cheese Market to Reach USD 1,281.2 Million by 2034 Amid Rising Demand for Health-benefiting Good Bacteria | Future Market Insights, Inc.

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.

/EIN News/ -- NEWARK, Del, July 16, 2024 (GLOBE NEWSWIRE) -- 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.

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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.

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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

Authored by: 

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.   

She has exceptional analytical skills and often brings thought leadership to the table.  

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results. 

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.  

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor. 

Explore FMI’s related ongoing Coverage in Food and Beverage Domain: 

The cheese color market size is expected to reach US$ 371.4 million by 2023. The cheese color market is predicted to reach US$ 940.4 million by 2033 developing at a CAGR of 10.60%.

The overall demand for cheese analogues is anticipated to grow at 6.5% CAGR between 2023 and 2033, totaling around the US$ 4,052.6 million by 2033.

The cheese market share is expected to increase from US$ 95.0 billion in 2023 to US$ 160.0 billion by 2033, at a 5.4% CAGR from 2023 to 2033.

The global cheese concentrates market size is set to be valued at US$ 1858 million in 2023 and is projected to grow at a CAGR of 5% during the forecast period.

The global probiotic supplement market size is expected to reach US$ 7,524.6 million in 2024. It is projected 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 projected to increase is from USD 394.1 Million in 2022 to USD 566.7 Million by 2032. 

The probiotics yogurt market size is anticipated to rise from US$ 26,543 million in 2023 to US$ 58,092.8 million in 2033.

The global probiotic infant formula market size is projected to increase from US$ 526.2 million in 2024 to US$ 1,281.2 million by 2034.

The global probiotics after antibiotic recovery market size is expected to reach US$ 91.77 Billion in 2032.

The demand for dairy alternatives is projected to rise at a CAGR of 7.3% and expected to reach a valuation of US$ 46,832.6 million by 2034.

About Future Market Insights (FMI) 

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as 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 a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. 

Contact FMI: 
Future Market Insights Inc. 
Christiana Corporate, 200 Continental Drive, 
Suite 401, Newark, Delaware – 19713, USA 
T: +1-845-579-5705 
For Sales Enquiries: sales@futuremarketinsights.com 
Website:https://www.futuremarketinsights.com 
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