The global cheese market has grown at a compound annual growth rate (CAGR) of 2.1 percent from 2009 to 2016.

United States, China, and India are the top three markets globally, while China, India and Russia are projected to have the highest growth rates, according to research by Canadean.

The global cheese market has been seeing a growth in the last few years, a trend that is expected to continue, according to Transparency Market Research.

According to Research and Markets, the Asia-Pacific cheese market is currently worth US$8.3 billion, but will grow at an annual growth rate of 8.1 percent to reach US$15.5 billion by 2021.

APFI About Us

Asia Pacific Food Industry (APFI) is Asia’s leading trade magazine for the food and beverage industry. Established in 1985, APFI is the first BPA-audited magazine and the publication of choice for professionals throughout the industry with its editorial coverage on the latest research, innovative technologies, health and nutrition trends, and market reports.

Asia Pacific Food Industry is published by Eastern Trade Media Pte Ltd. The company owns numerous trade and consumer titles, including Asia Pacific Metalworking Equipment News and Industrial Automation Asia.

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