U.S. Cheese Market Research Report- Forecast to 2030

U.S. Cheese Market Information by Product Type (Mozzarella, Cheddar, Other Italian Cheese, Cottage cheese, Pepper Jack and Others), Source (Whole Cow Milk, Skimmed Cow Milk and Others), Type (Fresh, Aged Fresh, Soft White, Semi Soft, Hard, Blue, Flavored and Others) and Application (Cheese Processing, Cheese Spreads, Cheese Dips, Fast Food Snacks, Savory Snacks and Other) and by State Forecast to 2030

ID: MRFR/F-B & N/2099-CR | February 2021 | Region: Global | 114 Pages         

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U.S. Cheese Market

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.

Segmentation
By Product Type Mozzarella Cheddar Italian Cheese American Cheese Muenster Cream cheese
By Source Whole Cow Milk Skimmed Cow Milk Others
By Type Fresh Aged Fresh Soft White Flavored Others
By Application Cheese Processing Cheese Spreads Cheese Dips Fast Food Snacks
Key Players
Companies Profiled   Land O'Lakes Inc.    Dairiconcepts L.P.    The Kraft Heinz Co.    Leprino Foods Company    Associated Milk Producers Inc. Foremost Farms USA Cooperative   Dairy Farmers of America Inc.
Drivers
Market Driving Forces   Wider Applications Of Cheese    Increase In Demand For Cheese Based Snacks
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U.S. Cheese Market Overview:


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.


Key Players:


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.


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:

  • The U.S. Cheese market is projected to reach USD 51.56 billion by 2030 of 3.60%

  • In U.S., application of cheese in fast food snacks is projected to reach USD 17.05 billion by 2030 with CAGR of 4.46% during the forecast period 2022 to 2030

  • In U.S., majority of cheese is reduced from the skimmed cow milk which contributes 83% of market share in 2021


Recent Developments



  • March 2022 – Grounded Foods has announced the launch of its groundbreaking plant-based cheese products in Sprouts Farmers Market, landing in thousands of their stores across the United States. 

  • March 2022 – The Chuck E. Cheese brand is set to grow again, expanding its presence in the Caribbean with the statement of the latest development agreement in the Dominican Republic.

  • October 2021 – Ornua, the owner of Kerrygold, has announced the acquisition of U.S. cheese business Whitehall Specialties for an unidentified sum, expanding its footprint in the U.S. cheese ingredients market.


Regional and State wise Analysis of U.S. Cheese Market Development and Demand Forecast to 2030 Market

The reports also cover country-level analysis:


U.S

  • Wisconsin

  • California

  • Idaho

  • New York

  • New Mexico

  • Minnesota

  • Rest of U.S.



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 51.56 billion
  CAGR   3.60%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  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

  • longer shelf life of cheese
  • surge in demand for food products rich in protein content


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    Frequently Asked Questions (FAQ) :

    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.