US Cheese Market

Cheese is a concentrated dairy food that is made from milk and is considered as a fresh and mature product. It is a delicious product, which can even fit in healthy diet patterns. It provides calcium, high-quality protein, phosphorus, vitamin B12, and A. It also contains sphingolipids and linoleic acid, which prevent cancer. Moreover, the advancement in the processing of cheese results in increased mineral and vitamin content of cheese. US Cheese Market can segmented by source such, type, product, distribution channel and by label.

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The major factors contributing to the growth of the US cheese market include the rising demand for protein-rich food and increasing popularity of quick-service restaurants (QSR) business in the country. Along with the evolution in lifestyle, fast food has become a major part of individuals residing in the US. It has been observed that individuals within the age group between 20-40 years consumed a high amount of fast-food each day in comparison to individuals above 40 years. The individuals between 20 years-40 years consist of youngsters and working people. Moreover, individuals with high disposable income prefer to have fast food. This is due to the changing lifestyle of people, which has inclined the focus of people toward quick-service restaurants in order to save cooking time and fast foods are easy to carry. Moreover, the production of fast food is increasing rapidly, which increases the consumer base. These food products are easy to take away, could be stored for a long time, and are reasonable in terms of cost. Moreover, fast foods like pizza, pasta, burgers, and others require cheese, which enhances the taste of food. This inclines the focus of consumers toward QSR, thereby boosting the growth of the market.

The emergence of COVID-19 has drastically surged the demand for cheese in the US. With the shortage of food products, the consumers have started stock piling the essential food products including cheese to cope up with the scenario. This factor has double the demand for cheese all over the country. On the contrary, along with the change in lifestyle, people have started developing diseases such as obesity, digestion issues, diabetes, heart failures, and others, which is increasing their focus toward healthy lifestyle. The rising health concerns among individuals might hamper the growth of the market.

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Based on the source, the market is segmented into cow milk, sheep milk, goat milk, and buffalo milk. Among these, the cow milk would lead the market during the forecast period. This is attributed to the multiple varieties of products, including low-fat milk, skimmed milk, whole milk, and others. Moreover, cow milk is easily available, which boosts the growth of the segment.

On the basis of type, the market is segmented into natural cheese and processed cheese. Among these, the natural cheese would witness a higher CAGR during the forecast period. This is due to the increasing health concerns among consumers. Natural cheese is rich in protein and provides nutrients like minerals and vitamins. All these exceptional benefits of natural cheese would increase the demand for it in the coming years.

Based on the product, the market is segmented into mozzarella, cheddar, feta, parmesan, roquefort, and others. Among these, cheddar cheese is expected to lead the market during the forecast period. This is attributed to its enhanced taste and its increasing usage in multiple food items. Due to the high consumption of fast food, cheddar cheese is used in multiple cuisines to enhance the taste of the food item, which fuels the demand of the segment.

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Multiple players operating in the market include Arla Foods amba, Associated Milk Producers Inc., Fonterra Co-operative Group, Groupe Lactalis, Savencia SA, Saputo Inc, The Kraft Heinz Company, Almarai Company, Cady Cheese Factory Inc, and Bel Group.

The US cheese market segmented into source, type, product, distribution channel, and label. Based on source, the market is segmented into cow milk, sheep milk, goat milk, and buffalo milk. Based on type, the market is segmented into natural cheese, and processed cheese. Based on product, the market is segmented into mozzarella, cheddar, feta, parmesan, roquefort, and others. Based on distribution channel, the market is segmented into B2C, B2B. Based on label, the market is segmented into private, and non-private.

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Key questions answered in this research report:

• • At what pace is US cheese market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in US cheese market? What will be the impact of market drivers and market restraints in the future?
  • Which product generated maximum revenues in 2019 and identify the most promising products during the forecast period?
  • What are the various distribution channels of US cheese market and how they are poised to grow?
  • What companies are the major participants in US cheese market and their business strategies, how does the competitive landscape look like?

Market Segmentation

US Cheese Market by Source

• • Cow Milk
    • Whole Milk
    • Skimmed Milk
  • Sheep Milk
  • Goat Milk
  • Buffalo Milk

US Cheese Market by Type

• • Natural Cheese
    • Hard Cheese
    • Soft Cheese
  • Processed Cheese
    • Spreadable Cheese
    • Block Cheese
    • Others

US Cheese Market by Product

• • Mozzarella
  • Cheddar
  • Feta
  • Parmesan
  • Roquefort
  • Others

US Cheese Market by Distribution Channel

• • B2C
    • Hypermarket
    • Supermarket
    • Food Specialty Retailer
    • Convenience Store
    • Others
  • B2B
    • Full-Service Restaurant
    • Fast Food Outlet
    • Caterer
    • Others

US Cheese Leading Market Players (Option: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Arla Foods amba
  • Associated Milk Producers Inc.
  • Fonterra Co-operative Group
  • Groupe Lactalis, Savencia SA
  • Saputo Inc
  • The Kraft Heinz Company
  • Almarai Company
  • Cady Cheese Factory Inc
  • Bel Group
  • Savencia SA