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Global PDO Feta Cheese Market to Reach $662.3 Million by 2033

World 27.08.2024
Source: DairyNews.today
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Allied Market Research has released a comprehensive report titled, "PDO Feta Cheese Market by Source, Packaging, Application, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2024-2033." The report reveals that the PDO feta cheese market, valued at $343.2 million in 2023, is projected to reach $662.3 million by 2033, growing at a CAGR of 6.8% from 2024 to 2033.
Global PDO Feta Cheese Market to Reach $662.3 Million by 2033

The increasing popularity of cheese-based snacks is a significant driver of market demand for PDO feta cheese. Consumers are increasingly seeking convenient and flavorful snack options that offer nutritional benefits, and feta cheese, known for its tangy taste and crumbly texture, has become a favored ingredient in a variety of snack items. Its versatility in recipes like stuffed peppers, cheese bites, and savory pastries makes it a preferred choice for a broad range of dietary preferences. Additionally, feta cheese's rich nutrient profile, including high calcium and protein content, further boosts its demand as a healthier alternative to other cheeses.

In 2023, the goat milk segment dominated the market, accounting for more than two-thirds of the global PDO feta cheese market, and is expected to maintain its leading position throughout the forecast period. Sheep milk, the fastest-growing segment in 2023, is known for producing creamy and flavorful feta cheese, which continues to gain popularity among consumers.

Europe dominated the PDO feta cheese market in 2022, holding over half of the market share, with Greece being the primary manufacturer and exporter of PDO feta cheese. The rise in popularity of European food culture continues to drive market growth. Meanwhile, the Asia-Pacific region was the fastest-growing market, propelled by the increasing adoption of Western culinary trends in countries like China and India.


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