Press Release / Industry / U.S. Cheese Market 2019 by Top Manufacturers, Industry Growth, and Trends by Forecast 2023

U.S. Cheese Market 2019 by Top Manufacturers, Industry Growth, and Trends by Forecast 2023

Cheese is perhaps one of the most popular food products in the world and is renowned for its variety which holds appeal across all age groups. Rising populations and growing demand for food have resulted in the steady and consistent growth in demand for cheese. The U.S Cheese market is expected to account for over a quarter of global cheese by volume and Market Research Future (MRFR) has projected the market to reach an estimated 6787kilo tons by 2023. MRFR has further found that the U.S cheese market is set to grow at a CAGR of 3.55% during the forecast period of 2017 to 2023.

Global Key Players and Competition Analysis

Market leading players have been included in MRFRs report. Prominent players in the market are Dairiconcepts L.P, the Kraft Heinz Co., Leprino Foods Company, Land O’Lakes, Incorporated, Foremost Farms USA Cooperative, Dairy Farmers of America, and Associated Milk Producers Inc.

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Segmentation Analysis

By source, the market is segmented into whole cow milk, skimmed cow milk, and others. Skimmed cow milk accounts for over 80% of the market due to its extensive use in the cheese making process.
By type, the market is segmented into aged fresh, soft white, fresh, semi-soft, hard, blue, flavored, and others.
By application, U.S. Cheese Market is categorized into cheese processing, cheese dips, cheese spreads, fast food snacks, bakery foods, processed foods, savory snacks, alcohol accompaniments, and others.
Regional Analysis

Wisconsin captures close to 30% of the market and is projected to reach around 1900 kilotons by 2023. Wisconsin is one of the region’s largest cheese producing states and is closely followed by California which is also expected to witness considerable growth over the forecast period. Wisconsin has a strong presence of various market players and many small artisan cheese producers who are encouraging market growth and inducing an increase in demand for a variety of cheeses.

Market Scope

Increasing demand and use of several yield increasing agricultural practices have led to increased milk production, which has been a major driver of the cheese market. Moreover, authenticity, product innovation and the advancement in the cheese making process in the region are expected to increased demand for cheese.

Browse the market data and information spread across 114 pages with 85 data tables and 25 figures of the report “U.S. Cheese Market Research Report- Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/u-s-cheese-market-2842
Industry News:

Glanbia Nutritionals, in tandem with Select Milk Producers, and Dairy Farmers of America, has announced that it will be setting up its new large-scale cheese production facility in Michigan. Other investments are expected to contribute to the project.