United States (US) Cheese Market Overview, 2027

United States (US) Cheese Market Overview, 2027

The United States is the world's largest producer of cheese. Increase in consumption of fast food products, such as pasta, pizza, and burger, in different quick-service restaurants (QSRs) is key factor that drives the U.S. cheese market growth. Moreover, longer shelf life of cheese, rise in disposable income of people, and surge in demand for food products rich in protein content boost the growth of U.S. cheese market. However, alarming obesity rates & rise in health consciousness among adults, unhealthy additives & ingredients in processed cheese, and perishable nature of cheese products majorly restrict the growth of U.S. cheese market. On the contrary, due to increase in health consciousness among population, cheese makers are developing low-fat cheese with less cholesterol and healthy nutrients added to it. Thus, availability of cheese in different flavors, colors, and textures to cater to the changing demands of customers is anticipated to provide lucrative opportunity for the U.S. cheese market expansion during the forecast period. Cheddar is America's favorite cheese. Other most popular cheese is mozzarella and parmesan

According to the report, U.S. Cheese Market Overview, 2027, published by Bonafide Research, the market is anticipated to add USD 8.20 Billion by 2027.The increased spending power of consumers in developed economies is also expected to boost cheese sales. Furthermore, changing food preferences and an increasing number of working women are expected to fuel expansion potential in the Cheese market. Furthermore, increased consumption of pizza and other style fast foods appears to be one of the main trends, particularly among young people, to expand sales potential for cheese. The increasing demand for various product flavors in local cuisines drives the U.S cheese industry. Aside from that, rising consumption of authentic regional cheese in the region is fueling market expansion. Furthermore, the rising premiumization of cheese by several regional brands is supporting market expansion.

The growing popularity of these food products has propelled the demand for cheese in the U.S. The growing trend of incorporating natural and organic food products is expected to boost the demand for chemical-free cheese products. These factors are anticipated to amplify the demand for cheese, thereby boosting the U.S. cheese market growth.

The hypermarket and supermarket segments generated the most revenue. Kroger is the largest supermarket operator in the U.S., with 420,000 employees and more than 2,700 stores, including Ralphs, Harris Teeter, Fred Meyer, and King Soopers. Albertsons is the country's second-largest supermarket company, with 290,000 employees and almost 2,300 stores, including Safeway and Vons. E-commerce platforms such as eBay, Amazon, and Alibaba. Increasingly, these and other big players are offering distribution centers in other countries where products can be closer to customers.

The major players analyzed in U.S. cheese market report are Arla Foods, Associated Milk Products Inc, The Bel Group, Bletsoe Cheese, Fonterra Co-operative Food, Royal Frieslandcampina N.V, The Kraft Heinz Company, Lactalis Group, Old Fashioned Cheese INC., and Saputo Cheese USA Inc.

The population of US was 331.893 Million. In the United States, the male to female ratio is about even, but the population trends show that there are more females than males. The U.S. male to female ratio is 97 (97 males for every 100 females).The GDP of US was USD 23 Trillion in 2021. The dietary consumption patterns across developing and developed countries are evolving due to rising disposable income levels and urbanization.

The fairly fragmented U.S. cheese market comprises minor and major cheese companies. The cutthroat competition has increased the acquisitions of smaller firms in the past recent years. The major market players possess robust distribution networks and focus on the launch of innovative and unique cheese products to garner growth and enlarge their geographical outreach. Additionally, many players are heavily investing in product line expansions to bolster their sales and revenues. For instance, In May 2021, Laura Kelly, Kansas Governor, and Hilmar Cheese Company Inc. made an announcement about constructing a new avant-garde whey protein and cheese processing plant in Dodge City, Kansas.

Covid-19 Impact:
During the COVID-19 pandemic outbreak, the business was severely disrupted due to changing demand. The worldwide lockdowns prompted the foodservice industry to close, cutting demand for all processed food goods dramatically. Furthermore, costs are likely to reduce as high-quality products become less desirable. In contrast, increased adoption of low-cost varieties at wholesale prices from retail shops for home cooking is expected to balance the supply chain. Following the pandemic, the Cheese market is likely to benefit from the re-establishment of the foodservice sector and renewed cheese processing capacity.

Considered in this report
• Geography: U.S
• Historic year: 2016
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027

Aspects covered in this report
• U.S Cheese market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product
• Mozzarella
• Cheddar
• Feta
• Parmesan
• Roquefort
• Others

By Source
• Animals
• Plants

By Type
• Natural
• Processed

By Distribution Channel
• Supermarkets/Hypermarkets
• Convenience Stores
• Specialty Stores
• Online retail
• Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Cheese industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.