The New Report from Market Research Future (MRFR) presents a detailed analysis of the U.S. Cheese Market by providing readers with a comprehensive overview of the market’s historical trajectory. The leading drivers and restraints affecting the U.S. cheese market are assessed in detail in the report. The historical impact of these drivers and restraints is analyzed in context of the current impact of these factors and projections are made for the likely impact of these drivers and restraints over the forecast period. Various components of the U.S. cheese market are also studied in the report and projections are made for the growth trajectory of each distinct component from 2018 to 2023. The various segments and sub-segments within the U.S. cheese market are studied in detail in the report. The study also makes a detailed analysis of the major players operating in the U.S. cheese market and provides a detailed look at the various competitive strategies employed by players in the U.S. cheese market. Likely future conditions with respect to the competitive landscape of the market are also explained in detail in the report.
The U.S. is the leading producer of cheese in the world and counts among the leading consumers as well. This has driven the U.S. cheese market at a strong growth rate over the last few years. The growing demand for snack food items in the U.S. is likely to be a major driver for the U.S. cheese market over the forecast period. The U.S. accounts for around 26% of the global cheese production and is expected to reach a volume of 6,787 kilotons by 2023. The U.S. cheese market is expected to exhibit a strong 3.41% CAGR by volume over the forecast period.
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The increasing popularity of pizza, pasta, and burgers and sandwiches in North America is likely to be the major driver for the U.S. cheese market over the forecast period. All three of these items rank among the most popular foods for Americans, making cheese a vital necessity. The increasing demand from American consumers to eat out and consume junk food is likely to drive the demand from the U.S. cheese market, as cheese is a vital ingredient in junk foods. Junk food is a typically American concept and has widespread consumer ship in the U.S. This is likely to remain the most important driver for the U.S. cheese market over the forecast period.
Leading players in the U.S. Cheese Market include Dairy Farmers of America Inc., Foremost Farms USA Cooperative, Associated Milk Producers Inc., Leprino Foods Company, The Kraft Heinz Co., Dairiconcepts LP, and Land O’Lakes Inc.
U.S. Cheese Market Segmentation
U.S. Cheese Market is segmented on the basis of product type, source, type, application, and region.
On the basis of product type, the U.S. cheese market is segmented into mozzarella, cheddar, feta, Hispanic, Muenster, Monterrey Jack, Colby Jack, cream cheese, cottage cheese, Pepper Jack, other Italian cheeses, other American cheeses, and others. Mozzarella is likely to dominate the U.S. cheese market in the coming years due to the growing demand for pizza from American consumers.
By source, the U.S. cheese market is segmented into whole cow milk, skimmed cow milk, and others.
On the basis of type, the U.S. cheese market is segmented into fresh, aged fresh, soft white, semi soft, hard, blue, flavored, and others.
By application, the U.S. Cheese Market is segmented into cheese processing, cheese spreads, cheese dips, fast food snacks, alcohol accompaniments, bakery foods, processed foods, savory snacks, and others.
Wisconsin and California are the leading regions within the U.S. for cheese production. The two states collectively account for around 50% of the U.S. cheese market, with Wisconsin holding the largest share of 28% in 2017. The Wisconsin cheese market is expected to exhibit a strong 3.55% CAGR over the forecast period. The cheese market in California is also expected to undergo robust growth over the forecast period.
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