Global U.S. Cheese Market Outlook, Prospect and Future 2023
Summary - A new market study, titled “U.S. Cheese Market
Research Report – Forecast to 2023”has been featured on WiseGuyReports.
Globally, the cheese market is mainly driven by the
increased consumption of dairy products included in daily diet of consumers.
Increasing adaptation of European lifestyle and their food culture in U.S. is
influencing the market growth. Applications of different types of cheese with
various flavors in various sectors of food industries is supporting its sale.
Cheese is extensively used in convenience foods, ready-to-eat meals, fast-food,
and confectionery. The high demand of the product across these industries is
seen as a potential opportunity for its market.
Shelf-life of cheese is low based on the lower shelf life of
milk. Milk is the raw material for cheese and has low shelf-life based on the
rapid enzymatic degradation or chemical deterioration of the milk.
Regional Analysis:
U.S. Cheese market has been segmented on the basis of
states, which comprise Wisconsin, California, Idaho, New York, New Mexico,
Minnesota and rest of the U.S. Among states, Wisconsin is accounting for major
market share in the U.S. cheese market, which is expected to reach 2,059.2 Kilo
tons by the end of 2023 with registering a healthy CAGR of 3.55% during the
forecast period of 2017-2023. California is also one of the attractive states
among the cheese manufacturers in the U.S. and it is expected to witness the
highest CAGR of 3.83% during the forecast period.
Segments:
Cheese market has been segmented on the basis of product
type into Mozzarella, Cheddar, Other Italian Cheese, Other American Cheese,
Feta, Hispanic, Muenster, Montery Jack, Colby Jack, Cream cheese, Cottage
cheese, Pepper Jack, and others. On the basis of sources, the market is
segmented such as whole cow milk, skimmed cow milk and others. Based on the
type, market is segmented into fresh, aged fresh, soft white, semi-soft, hard,
blue, flavored, and others. U.S. cheese market has been segmented on the basis
of application, which comprises of cheese processing, cheese spreads, cheese
dips, fast food snacks, alcohol accompaniments, bakery foods, processed foods,
savory snacks, and others.
Key Players:
The leading market players in the U.S. cheese market are
Land O'Lakes, Inc., The Kraft Heinz Co., Dairiconcepts L.P., Leprino Foods
Company, Foremost Farms USA Cooperative, Dairy Farmers of America Inc.
Target Audience:
• U.S. Cheese Manufacturers
• U.S. Food Industry
• U.S. Milk Suppliers
• E-commerce
• Retailers and wholesalers
• Traders, importers and exporters
Key Findings:
• In U.S., Wisconsin is accounting for significant market
proportion in the overall U.S. cheese market. The segment is projected to
expand at a CAGR of 3.55% during the forecast period.
• Among the product types, mozzarella holds a major market
proportion of 48.4% in the year of 2018 and the segment is expected to expand
at a CAGR of 4.13% during the forecast period.
Regional analysis of cheese market development and demand
forecast to 2023 market:
As per the MRFR analysis, the U.S. cheese market is poised to
reach 6,786.8 kilo tons by 2023 at a CAGR of 3.41% during the forecasted
period.
The reports also cover State-level analysis:
• U.S.
Wisconsin
California
Idaho
New York
New Mexico
Minnesota
Rest of U.S.
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