Report Overview

The Australia cheese market is expected to grow at a CAGR of 3.80% between 2024 and 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • According to the ABS, cheese consumption increased to 25.8 grams per capita per day in 2020-21.
  • As per the ABS, cheese is the leading contributor accounting for 11.3% of the total saturated fat consumption.
  • The apparent cheese consumption increased by 2.4% in 2020-21 from the previous year.

Australia Cheese Market Growth

Compound Annual Growth Rate

Value in AUD million

3.8%

2024-2032


Australia Cheese Market Outlook

*this image is indicative*

Natural cheese is driving the Australia cheese market growth.

In the Australia cheese market, natural cheese is produced with little to no processing and is made from milk and neutral ingredients. It contains nutritional qualities, original flavour and texture while providing valuable nutrients for bone health, muscle development, and overall well-being. It comes in a wide variety of products to cater to the diverse needs of consumers. In the market, processed cheese is blended with other ingredients such as emulsifiers, stabilizers, and flavourings while having a longer shelf life and providing convenience.

Australia Cheese Market Summary Description Value
Base Year KMT 2023
Historical period KMT 2018-2023
Forecast Period KMT 2024-2032
Market Size 2023 KMT 411.3
Market Size 2032 KMT 575.3
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 3.8%
CAGR 2024-2032 - Market by Region New South Wales 4.3%
CAGR 2024-2032 - Market by Region Western Australia 3.6%
CAGR 2024-2032 - Market by Type Natural Cheese 4.2%
CAGR 2024-2032 - Market by End Use Cheddar Cheese 4.3%
Market Share by Region Victoria 16.3%

Australia Cheese Market Report

As per Australian Dietary Guidelines (ADG), the average recommended serving of milk, yoghurt, cheese and/or alternatives is 3.0 servings per day for Australians indicating the substantial potential for the Australia cheese market.

The increasing consumer preferences and awareness towards plant-based diets and environmental and ethical concerns have been driving the Australia cheese market. Manufacturers and companies are producing dairy-free cheese products with plant-based ingredients such as nuts, seeds, legumes, and coconut oil to provide the taste and texture of traditional cheese.  They also adopt sustainable practices, support ethical sourcing, and provide transparent information about their products and processes. Bega group has collaborated with Bega Cream Cheese and launched cream cheese with vegemite flavour with a milder taste.

Australia Cheese Market Segmentation

Australia Cheese Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Natural Cheese
  • Processed Cheese

Market Breakup by Product

  • Cheddar Cheese
  • Semi-Hard Cheese
  • Hard Grating Cheese
  • Fresh Cheese
  • Mould Ripened
  • Others

Market Breakup by End Use

  • Retail
  • Institutional

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Channels
  • Other

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Australia Cheese Market Share

Retail sales channels are highly preferred by consumers for the purchase of cheese for personal consumption at supermarkets, speciality cheese shops, and other retail outlets. This preference reflects the widespread appeal of cheese as a versatile food item used in various dishes and enjoyed on its own.

CAGR 2024-2032 - Market by Region
New South Wales 4.3%
Western Australia 3.6%
Others 3.0%
Victoria XX%
Queensland XX%
Australian Capital Territory XX%

Leading Companies in the Australia Cheese Market

The growth of the cheese market is fuelled by increasing consumer behaviour and preferences, new product launches and expansion of plant-based cheese alternatives.

  • Fonterra Co-operative Group Limited
  • Bega Cheese
  • Saputo Dairy Australia Pty Ltd.
  • Alexandrina Cheese Company
  • Lactalis Australia Pty Ltd.
  • Arla Food Mayer Australia Pty Ltd.
  • Ashgrove Cheese Pty Ltd.
  • Awassi Farm & Cheesery 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 3.80% between 2024 and 2032.

Based on the type, the cheese market is bifurcated into natural cheese and processed cheese.

Key players in the industry are Fonterra Co-operative Group Limited, Bega Cheese, Saputo Dairy Australia Pty Ltd., Alexandrina Cheese Company, Lactalis Australia Pty Ltd., Arla Food Mayer Australia Pty Ltd., Ashgrove Cheese Pty Ltd., and Awassi Farm & Cheesery among others.

Based on end use, the cheese market is divided into retail and institutional.

The different distribution channels in the cheese market include supermarkets and hypermarkets, convenience stores, online channels, and others.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Product
  • End Use
  • Distribution Channel
  • Region
Breakup by Type
  • Natural Cheese
  • Processed Cheese
Breakup by Product
  • Cheddar Cheese
  • Semi-Hard Cheese
  • Hard Grating Cheese
  • Fresh Cheese
  • Mould Ripened
  • Others
Breakup by End Use
  • Retail
  • Institutional
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Channels
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Fonterra Co-operative Group Limited
  • Bega Cheese
  • Saputo Dairy Australia Pty Ltd.
  • Alexandrina Cheese Company
  • Lactalis Australia Pty Ltd.
  • Arla Food Mayer Australia Pty Ltd.
  • Ashgrove Cheese Pty Ltd.
  • Awassi Farm & Cheesery 
  • Others

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