U.S. cheese market is anticipated to register USD 51.56 billion and healthy CAGR of over 3.60% during the assessment era of the forecast 2022-2030.
As per the research report by MRFR, the U.S. cheese market is anticipated to register USD 51.56 billion a healthy CAGR of over 3.60% during the assessment era of the forecast 2022-2030.
The U.S. is one of the prominent cheese-producing countries globally, accounting for over 26% of the net market share in world cheese production. It is considered one of the most utilized food items across the country ascribed to its superior nutritious value in conjunction with the presence of essential proteins, vitamins, and other nutrients. Cheese is high in calcium, which helps to increase bone strength and preserve strong teeth. The making of cheese includes pasteurization, standardization, the addition of desired starter cultures, and other processes causing the formation of its different varieties. The market is likely to offer lucrative opportunities to the players due to the advancements in cheese processing. The growth of the U.S. cheese market is being driven by the growth in per capita income of people, growth in consumption of fast-food products, the longer shelf life of cheese, and surge in demand for food products rich in protein content. On the other hand, the rise in health consciousness and alarming obesity rates across the regional market is projected to impede the growth of the U.S. cheese market over the coming years. Nevertheless, the availability of cheese in different textures, flavors, and colors to serve customers' changing demands is anticipated to offer lucrative opportunities to the market players over the assessment era.
The leading market players in the U.S. Cheese market primarily are Land O'Lakes, Inc., Dairiconcepts L.P., The Kraft Heinz Co., Leprino Foods Company, Associated Milk Producers Inc. Foremost Farms USA Cooperative and Dairy Farmers of America Inc.
In 2020, in order to strengthen the company’s portfolio, Land O'Lakes, Inc. acquired a firm named Geosys, which is a company that provides satellite imaging and insights to agribusiness, where as in 2021, Land O'Lakes, Inc. acquired company named Vermont Creamery. In 2020, Dairy Farmers of America Inc. Dairy Maid Dairy., located in Frederick, Maryland, the U.S.
The reports also cover country-level analysis:
|Market Size||USD 51.56 billion|
|Forecast Units||Value (USD billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||by Product Type, Source, Type, and Application|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Land O'Lakes, Inc., Dairiconcepts L.P., The Kraft Heinz Co., Leprino Foods Company, Associated Milk Producers Inc. Foremost Farms USA Cooperative and Dairy Farmers of America Inc.|
|Key Market Opportunities||consumption of fast-food products|
|Key Market Drivers||
US cheese market is projected to grow at a 3.60% CAGR between 2022-2030.
Wisconsin is expected to dominate the US cheese market.
US cheese market is predicted to touch 51.56 bn by 2030.
Key players profiled in the US cheese market include Dairy Farmers of America Inc., Foremost Farms USA Cooperative, Associated Milk Producers Inc., Leprino Foods Company, The Kraft Heinz Co., Dairiconcepts L.P., and Land O'Lakes, Inc.
Skimmed cow milk will lead the US cheese market.