Analysis and Studies - Products analysis
Cheese: a look at the market!
June 27th 2022
Making cheese is a very old tradition. There are more than 400 types of cheese in the world. When humans first began milking animals, they most likely started to make cheese. It is a very nutritious food, consisting of high content of proteins, minerals, vitamins, and milk fat. Some of the most famous cheeses are:
- From Switzerland, Emmantled
- Parmesan from Italy
- Gouda, from the Netherlands
- Cheddar from the United Kingdom
- Brie from France, and more.
Cheese has very important socioeconomic significance. In some regions of Europe, it is a deep part of the culture and they still make it as their grandparents used to. In the United States, it is a fundamental ingredient in some of the most iconic American dishes.
The entire globe enjoys cheese, but it is worth noting that 65 percent of the worldwide population is potentially lactose intolerant. Some of the highest rates of intolerant are in some of the world's biggest cheese producers, like Italy, France, and Greece.
As you can imagine, the cheese market is pretty much alive, with a total value of $33 billion US dollars in world trade. It represents 0.2% of global trade. European countries dominate the cheese market both in export and import:
- In 2020, the main exporters of the product were Germany ($4.79 billion), the Netherlands ($4.11 billion), Italy ($3.57 billion), France ($3.49 billion), and Denmark ($1.71 billion).
- In 2020, the top cheese importers were Germany ($4.62 billion), the United Kingdom ($2.19 billion), France ($2.15 billion), Italy ($1.95 billion), and Belgium ($1.57 billion).
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