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United States Cheese Market
The value of the US cheese market was US$ 38.24 billion in 2023, and by 2030, it is expected to reach US$ 48.52 billion. Renub Research projects that between 2024 and 2030, it will grow at a compound annual growth rate of 3.46%. Because it contains essential vitamins, proteins, and other elements, cheese has a high nutritional value and is one of the most eaten foods. It is a great source of calcium rket which keeps teeth strong and strengthens bones. In addition, cheese has sphingolipids and linoleic acid, both of which help prevent cancer. Furthermore, if cheese has a low sodium content, the vitamin B it contains helps lower blood pressure.
Driving Factors of U.S. Cheese Market
Increased Demand for Convenience and Nutritious Food Products Among Consumers to Promote Market Growth
One of the main elements of foods like pizza, sandwiches, and other items of a similar nature is cheese. Cheese products saw a boost in sales in the United States due to the popularity of these culinary items. According to information from The Food XP, the United States is the second-most pizza-consuming country in the world. Additionally, a large variety of cheese-based snacks and food products were launched to the market by different restaurants and food chains, catering to the tastes of cheese aficionados.
To encourage consumers to purchase their products and boost market sales of cheese products, some cheese makers run marketing campaigns, offer free trials, and offer discounts. Introducing limited-edition cheese products for celebrations increases cheese product sales and expands the market.
Type – United States Cheese Market breakup from 2 viewpoints:
- Animal-Based
- Plant–Based
Products – United States Cheese Market breakup from 6 viewpoints:
- Mozzarella
- Cheddar
- Parmesan
- Ricotta
- Cream Cheese
- Others
Distribution Channel – United States Cheese Market breakup from 4 viewpoints:
- Hypermarket/Supermarket
- Convenience Stores
- Online
- Others
Cheddar represents the leading market segment
The market has been thoroughly broken down and analyzed by the study according to the product. This comprises mozzarella, cheddar, feta, parmesan, roquefort, and others. The study stated that cheddar accounted for the biggest portion.
The English village of Cheddar in Somerset is the birthplace of cheddar, a firm, naturally occurring cow’s milk cheese with a somewhat sharp flavor. It has a lot of protein, which is necessary for the development and repair of muscles. It contains a lot of calcium, which is essential for keeping bones strong and dense. It contains important vitamins, including as B12, which is necessary for energy metabolism and nerve function. It also contains vitamin A, which is essential for maintaining strong immunity and clear vision. It also contains good fats, including as omega-3 fatty acids, which are well-known for supporting cognitive and mental wellness. The anticipated growth of the cheese market in the US is expected to be impacted by these health advantages.
Why U.S. Cheese?
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World’s Largest Cheese Producer
The United States produces almost 6 million metric tons of cheese annually, or nearly 25% of the world’s total, and this number is still rising. With the world’s largest supply of cow’s milk, an abundance of acreage, and investments in R&D and technology, the U.S. cheese business may grow unchecked to satisfy consumer demand.
A year-round supply of cow’s milk ensures that the product is available all year round. Over the past ten years, the U.S. cheese industry has grown production by more than 1.1 million metric tons thanks to its cutting-edge production facilities. Customers have come to rely on this continuous supply of high-quality cheeses.
All companies have been covered from 3 viewpoints:
- Overview
- Recent Development
- Revenue
Related Report :
Company Analysis:
- Land O’ Lakes
- Saputo Inc.
- Arla Foods amba
- The Kraft Heinz Company
- Royal Friesland Campina N.V.
- Glanbia Plc,
- Savencia Fromage & Dairy
About the Company:
Renub Research is a Market Research and Consulting Company. We have more than 14 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food Beverages, Power Energy, Information Technology, Telecom Internet, Chemical, Logistics Automotive, Consumer Goods Retail, Building, and Construction, Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more.
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