United States Cheese Market to Grow at 3% During 2024-2032, Impelled by Rising Reference for Low-Fat Cheese Among Masses

October 14, 2021 | Food & Beverages

According to the latest report by IMARC Group, titled "United States Cheese Market Report by Source (Cow Milk, Buffalo Milk, Goat Milk, and Others), Type (Natural, Processed), Product (Mozzarella, Cheddar, Feta, Parmesan, Roquefort, and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online, and Others), Format (Slices, Diced/Cubes, Shredded, Blocks, Spreads, Liquid, and Others), and Region 2024-2032," the United States cheese market reached a volume of 4.7 Million Tons in 2023. Cheese refers to a dairy product that is prepared by the coagulation of the milk protein casein. Widely available in a diverse array of flavors and textures, it is utilized for the preparation of numerous dishes, including pasta, pizza, tart, gratin, salad and cheesecakes. It is a rich source of essential nutrients, such as proteins, riboflavin, calcium, phosphorus, zinc, and vitamins A and B12. Consequently, the consumption of healthy cheese varieties, such as mozzarella, blue cheese, feta and ricotta, is commonly associated with numerous benefits. It aids in cavity prevention, improves bone strength, minimizes the chances of developing cancer, regulates blood pressure levels and enhances skin texture.

United States Cheese Market Trends:

The market is primarily driven by the expansion of quick-service restaurants (QSRs) in the United States. The shifting dietary preferences and inflating disposable incomes levels of the masses, along with hectic schedules and long working hours of working professionals, have contributed to the widespread popularity of QSRs in the country. Since these joints utilize cheese as a key ingredient in their food preparations, this is providing a thrust to the market growth. Additionally, the growing health consciousness among consumers has led to an increased demand for protein-rich foods among the masses, which is expected to favorably impact the market growth. Furthermore, the sales of various types of cheese through organized online and offline retail channels have propelled the market growth as these channels offer an enhanced convenience to the consumers at a relatively better price point as compared to traditional retailers. Moreover, the introduction of low-fat cheese in the market is also acting as a major growth-inducing factor. On account of the aforementioned factors, the market is anticipated to grow at a CAGR of 3% during 2024-2032.

Market Summary:

  • Based on the source, the market has been divided into cows, buffalos, goats and other sources of milk.
  • On the basis of the type, the market has been bifurcated into natural and processed products.
  • Based on the product, the market has been categorized into mozzarella, cheddar, feta, parmesan, Roquefort and others.
  • On the basis of the distribution channel, the market has been segregated into supermarkets and hypermarkets, convenience stores, specialty stores, online and others.
  • Based on the format, the market has been segregated into slices, diced/cubes, shredded, blocks, spreads, liquid and others.
  • On the geographical front, the market has been classified into Northeast, Midwest, South and West.
  • The competitive landscape of the market has been studied, with the detailed profiles of the key players operating in the market.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units Million Tons
Sources Covered Cow Milk, Buffalo Milk, Goat Milk, Others
Types Covered Natural, Processed
Products Covered Mozzarella, Cheddar, Feta, Parmesan, Roquefort, Others
Distribution Channels Covered Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online, Others
Formats Covered Slices, Diced/Cubes, Shredded, Blocks, Spreads, Liquid, Others
Regions Covered Northeast, Midwest, South, West
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United States Cheese Market to Grow at 3% During 2024-2032, Impelled by Rising Reference for Low-Fat Cheese Among Masses
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