IndexBox has just released a new report “U.S. Cheese Market – Analysis And Forecast to 2025“.
According to the report, the value of cheese production in the U.S. stood at $40.1B in 2016, stagnating at the previous year level. Overall, the U.S. cheese output pursued a noticeable growth from 2007 to 2016. The total output figures increased at an average annual rate of +2.0%. The trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most perceptible growth was recorded in 2010, when the value of production increased by +18% against the previous year level. Over the period under review, the output figure with regard to cheese in the United States peaked at $44.7B in 2014, leveling off in the following year.
Natural cheese (cheddar, Swiss, Italian, brick, cream, grated, dried, etc.), excluding cottage cheese constituted the major product category in the U.S. cheese manufacturing, with a share in total output standing near 81% in 2016. Process cheese and related products lagged far behing, accounting for only the 16% share. The other related products together comprised approx. 3% of the total output. From 2008 to 2016, the value of shipments of natural cheese (cheddar, swiss, italian, brick, cream, grated, dried, etc.), excluding cottage cheese grew at an average annual rate of +2.6%. At the same time, the output of process cheese and related products ascended by an average +0.5% per year.
This report is designed to provide accurate and comprehensive data, as well as a detailed analysis of the current state and midterm prospects of the U.S. cheese industry. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, revealing actionable insights in the cheese industry. The report provides a forecast of the expected changes in the cheese market in coming years, based on historical trends, external and internal factors, and the main developments affecting the market. Each section contains an in-depth analysis of the data provided. Further data in the report includes: the historical values and current projections regarding production and consumption volume, datasets on the industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
The trade section provides data on trade partners, such as historical data on imports & exports for each partner country, changes in the direction of trade, as well as import & export prices. An analysis of the cheese trade shows the opportunities that are currently evolving for producers and suppliers in a changing market.
Product coverage: Natural cheese (cheddar, Swiss, Italian, brick, cream, grated, dried, etc.), excluding cottage cheese; Process cheese and related products; Cheese substitutes and imitations; Raw liquid whey; Cheese manufacturing, nsk, total.
Mondelez International, Schreiber Foods, Sargento Foods, Hilmar Cheese Company, Leprino Foods Company, Saputo Cheese USA, Lactalis American Group, Foremost Farms USA Cooperative, Conagra Dairy Foods Company, Marathon Cheese Corporation, Bel Brands Usa, Gehl Foods, Cabot Creamery Cooperative, Dairiconcepts, Tillamook County Creamery Association, Tropical Cheese Industries, Marquez Brothers International, Arthur Schuman, Agropur, Gossner Foods, Glanbia, Brewster Cheese Company, Grande Cheese Company, Belgioioso Cheese, Saputo Cheese USA, Zausner Foods Corp, Rcs Acquisition, Mondelez Global .
IndexBox’s methodology consists of obtaining information from a list or highly reliable sources (both paid and open), which include, but are not limited to:
– International official statistical agencies
– Governmental statistical agencies
– Official trade statistics
– Paid trade databases
– Industrial associations
– Company reports
– Industry experts
The AI platform, developed by IndexBox data scientists, compares the disparate pieces of information gathered from various sources, using the relevant methods of data cleaning, categorization, normalization, and predictive modelling for each unique situation. The market trends are provided by our experienced analysts, taking into account recent notable events in the market, in both adjacent and related markets, the raw materials markets, and in those markets, which are the main demand creators for the product under research. The forecast is created using a set of predictive and analytical models, mainly by processing country-by-country data on consumption, production, exports, imports and prices, as well as industry, economic and consumption trends, in addition to possible political and technological trends patterns.
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