Cheese Market size in the US to grow by USD 12.1 billion from 2022 to 2027|Increasing consumer demand for cheese products drives the market - Technavio

NEW YORK, July 26, 2023 /PRNewswire/ -- The cheese market size in the US is estimated to increase by USD 12.1 billion from 2022 to 2027, at a CAGR of 4.82%, according to a recent market study by Technavio. This report also offers a 5-year historical (2017-2021) data projection of market size, segmentation, and region. Discover some insights on market size before buying the full report -Request a sample report

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak. The Bargaining Power of Buyers & Suppliers and the Threat of New Entrants, Rivalry, and Substitutes have also been analyzed and rated between LOW-HIGH to provide a holistic view of market favorability.

Find Technavio's Exclusive Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria

• One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage. 
• Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
• Furthermore, market adoption rates for all regions have been covered.

The US Cheese Market report also offers information on the criticality of inputs, R&D, CAPEX, technology, and products of 15 vendors listed below -

Associated Milk Producers Inc., BEL SA, Cacique Foods LLC, Dairy Farmers of America Inc., DairyfoodUSA, First Choice Ingredients, Gilman Cheese, Global Foods International Inc, Great Lakes Cheese Co. Inc., HEMME BROTHERS FARMSTEAD CREAMERY, Hilmar Cheese Co. Inc., Hooks Cheese, Land O Lakes Inc., Mozzarella Co., Saputo Inc., The Kraft Heinz Co., Vella Cheese Co., Widmers Cheese, Wild Rose Foods, and Zingermans. Download  Sample

Market Segmentation

This cheese market report in US extensively covers market segmentation by source (animal-based and plant-based) and distribution channel (offline and online). 

• The market share growth by the animal-based segment will be significant during the forecast period. Cow milk-based cheese, known as animal-based cheese, dominates the US cheese market due to its versatility, creamy texture, and diverse flavors. Popular types such as cheddar, mozzarella, Swiss, and gouda cater to various culinary preferences, from everyday cooking to gourmet dishes. Cow milk cheeses offer nutritional benefits like high calcium content, promoting strong bones and teeth, and serving as a valuable source of protein, vitamins, and minerals. These factors contribute to the significant growth of the animal-based cheese segment in the US cheese market during the forecast period.

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Market Dynamics

Key Driver

Increasing consumer demand for cheese products is notably driving market growth. The cheese market in the US has seen consistent growth, becoming a staple food item enjoyed in various forms, from sliced cheese in sandwiches to shredded cheese for pizza and grated cheese for pasta dishes. Its versatility, allowing for melting, slicing, grating, and crumbling, enhances different textures and presentations. The rich and indulgent flavor of cheese adds a creamy and savory element to dishes, appealing to taste buds, making it a sought-after ingredient in home cooking and food service establishments. These factors contribute to cheese being an essential ingredient in numerous recipes, from classic comfort foods to gourmet creations, driving the cheese market growth in the US during the forecast period.

The growth of online retailing is an emerging trend shaping the market growth. The rise in Internet accessibility and the demand for easy and simplified shopping, attractive pricing, and personalized product offers are driving the demand for online shopping in the US. E-commerce has provided cheese-based product suppliers with new opportunities to enhance sales, expand their reach, and improve customer relationships and profitability. The online marketplace allows manufacturers and distributors to increase product visibility across regions and explore new and emerging markets with broader geographic coverage. Increasing consumer adoption of online shopping due to its convenience further encourages vendors to showcase their products on these platforms. As a result, these factors are expected to drive the growth of the cheese market in the US during the forecast period.

Several health issues associated with cheese consumption will be a major challenge hindering market growth. Health concerns related to cheese consumption in the US pose a significant challenge for the market growth during the forecast period. High saturated fat content in cheese is a primary concern, contributing to elevated cholesterol levels and an increased risk of heart disease, obesity, and other health conditions. Excessive cheese consumption can also lead to health issues such as lactose intolerance, requiring individuals to limit intake or opt for lactose-free cheese options to avoid discomfort and symptoms like bloating, gas, and diarrhea. Proper handling, storage, and adherence to food safety practices are crucial safety measures to minimize the risk of bacterial contamination. Hence, these factors are expected to hinder the growth of the cheese market in the US during the forecast period.

For Insights on the market dynamics & segmentations VIEW PDF SAMPLE!

What are the key data covered in this Cheese Market In US report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the cheese market in US between 2023 and 2027
• Precise estimation of the size of the cheese market in US size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behaviour
• Growth of the cheese market in across the US
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of the cheese market in US vendors

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Related Reports: 

The Cheese Market size is projected to increase by USD 39.08 billion and the market size is estimated to grow at a CAGR of 4.54% between 2022 and 2027. This report extensively covers market segmentation by product (natural cheese and processed cheese), distribution channel (offline and online), and geography (North America, APAC, Europe, South America, and the Middle East and Africa). The rising adoption of cheese products in different cuisines is driving growth in the cheese market. 

The cheese based snacks market size is estimated to grow at a CAGR of 5.2% between 2022 and 2027. The market size is forecast to increase by USD 4,336.17 million. report extensively covers market segmentation by end-user (retail and food service), type (baked, fried, and frozen), and geography (North America, Europe, APAC, South America, and Middle East and Africa). One of the key factors driving the global cheese-based snacks market growth is the evolving taste preferences. 

Table of contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market Segmentation by Source
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 07: Parent market
• Exhibit 08: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 09: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 10: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
• Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Cheese market in US 2017 - 2021 
• Exhibit 15: Historic Market Size – Data Table on cheese market in US 2017 - 2021 ($ billion)

• 4.2 Source Segment Analysis 2017 - 2021
• Exhibit 16: Historic Market Size – Source Segment 2017 - 2021 ($ billion)

• 4.3 Distribution Channel Segment Analysis 2017 - 2021
• Exhibit 17: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 18: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Source

• 6.1 Market segments 
• Exhibit 25: Chart on Source - Market share 2022-2027 (%)
• Exhibit 26: Data Table on Source - Market share 2022-2027 (%)

• 6.2 Comparison by Source 
• Exhibit 27: Chart on Comparison by Source
• Exhibit 28: Data Table on Comparison by Source

• 6.3 Animal-based - Market size and forecast 2022-2027
• Exhibit 29: Chart on Animal-based - Market size and forecast 2022-2027 ($ billion)
• Exhibit 30: Data Table on Animal-based - Market size and forecast 2022-2027 ($ billion)
• Exhibit 31: Chart on Animal-based - Year-over-year growth 2022-2027 (%)
• Exhibit 32: Data Table on Animal-based - Year-over-year growth 2022-2027 (%)

• 6.4 Plant-based - Market size and forecast 2022-2027
• Exhibit 33: Chart on Plant-based - Market size and forecast 2022-2027 ($ billion)
• Exhibit 34: Data Table on Plant-based - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Chart on Plant-based - Year-over-year growth 2022-2027 (%)
• Exhibit 36: Data Table on Plant-based - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Source 
• Exhibit 37: Market opportunity by Source ($ billion)
• Exhibit 38: Data Table on Market opportunity by Source ($ billion)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments 
• Exhibit 39: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 40: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 41: Chart on Comparison by Distribution Channel
• Exhibit 42: Data Table on Comparison by Distribution Channel

• 7.3 Offline - Market size and forecast 2022-2027
• Exhibit 43: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
• Exhibit 44: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
• Exhibit 45: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 46: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.4 Online - Market size and forecast 2022-2027
• Exhibit 47: Chart on Online - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Distribution Channel
• Exhibit 51: Market opportunity by Distribution Channel ($ billion)
• Exhibit 52: Data Table on Market opportunity by Distribution Channel ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 53: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

• 9.1 Market drivers 

• 9.2 Market challenges 

• 9.3 Impact of drivers and challenges 
• Exhibit 54: Impact of drivers and challenges in 2022 and 2027

• 9.4 Market trends 

10 Vendor Landscape

• 10.1 Overview 

• 10.2 Vendor landscape 
• Exhibit 55: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption 
• Exhibit 56: Overview on factors of disruption

• 10.4 Industry risks 
• Exhibit 57: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered 
• Exhibit 58: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 59: Matrix on vendor position and classification

• 11.3 Associated Milk Producers Inc. 
• Exhibit 60: Associated Milk Producers Inc. - Overview
• Exhibit 61: Associated Milk Producers Inc. - Product / Service
• Exhibit 62: Associated Milk Producers Inc. - Key offerings

• 11.4 BEL SA 
• Exhibit 63: BEL SA - Overview
• Exhibit 64: BEL SA - Product / Service
• Exhibit 65: BEL SA - Key offerings

• 11.5 Cacique Foods LLC 
• Exhibit 66: Cacique Foods LLC - Overview
• Exhibit 67: Cacique Foods LLC - Product / Service
• Exhibit 68: Cacique Foods LLC - Key offerings

• 11.6 Dairy Farmers of America Inc. 
• Exhibit 69: Dairy Farmers of America Inc. - Overview
• Exhibit 70: Dairy Farmers of America Inc. - Product / Service
• Exhibit 71: Dairy Farmers of America Inc. - Key offerings

• 11.7 DairyfoodUSA 
• Exhibit 72: DairyfoodUSA - Overview
• Exhibit 73: DairyfoodUSA - Product / Service
• Exhibit 74: DairyfoodUSA - Key offerings

• 11.8 First Choice Ingredients 
• Exhibit 75: First Choice Ingredients - Overview
• Exhibit 76: First Choice Ingredients - Product / Service
• Exhibit 77: First Choice Ingredients - Key offerings

• 11.9 Gilman Cheese 
• Exhibit 78: Gilman Cheese - Overview
• Exhibit 79: Gilman Cheese - Product / Service
• Exhibit 80: Gilman Cheese - Key offerings

• 11.10 Global Foods International Inc 
• Exhibit 81: Global Foods International Inc - Overview
• Exhibit 82: Global Foods International Inc - Product / Service
• Exhibit 83: Global Foods International Inc - Key offerings

• 11.11 Great Lakes Cheese Co. Inc. 
• Exhibit 84: Great Lakes Cheese Co. Inc. - Overview
• Exhibit 85: Great Lakes Cheese Co. Inc. - Product / Service
• Exhibit 86: Great Lakes Cheese Co. Inc. - Key offerings

• 11.12 Hilmar Cheese Co. Inc. 
• Exhibit 87: Hilmar Cheese Co. Inc. - Overview
• Exhibit 88: Hilmar Cheese Co. Inc. - Product / Service
• Exhibit 89: Hilmar Cheese Co. Inc. - Key offerings

• 11.13 Land O Lakes Inc. 
• Exhibit 90: Land O Lakes Inc. - Overview
• Exhibit 91: Land O Lakes Inc. - Product / Service
• Exhibit 92: Land O Lakes Inc. - Key offerings

• 11.14 Saputo Inc. 
• Exhibit 93: Saputo Inc. - Overview
• Exhibit 94: Saputo Inc. - Business segments
• Exhibit 95: Saputo Inc. - Key news
• Exhibit 96: Saputo Inc. - Key offerings
• Exhibit 97: Saputo Inc. - Segment focus

• 11.15 The Kraft Heinz Co. 
• Exhibit 98: The Kraft Heinz Co. - Overview
• Exhibit 99: The Kraft Heinz Co. - Business segments
• Exhibit 100: The Kraft Heinz Co. - Key offerings
• Exhibit 101: The Kraft Heinz Co. - Segment focus

• 11.16 Vella Cheese Co. 
• Exhibit 102: Vella Cheese Co. - Overview
• Exhibit 103: Vella Cheese Co. - Product / Service
• Exhibit 104: Vella Cheese Co. - Key offerings

• 11.17 Widmers Cheese 
• Exhibit 105: Widmers Cheese - Overview
• Exhibit 106: Widmers Cheese - Product / Service
• Exhibit 107: Widmers Cheese - Key offerings

12 Appendix

• 12.1 Scope of the report 

• 12.2 Inclusions and exclusions checklist
• Exhibit 108: Inclusions checklist
• Exhibit 109: Exclusions checklist

• 12.3 Currency conversion rates for US$ 
• Exhibit 110: Currency conversion rates for US$

• 12.4 Research methodology 
• Exhibit 111: Research methodology
• Exhibit 112: Validation techniques employed for market sizing
• Exhibit 113: Information sources

• 12.5 List of abbreviations 

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Email: [email protected]
Website: www.technavio.com

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