Market Overview
The United States (U.S) cheese market is will be reaching 6787 Kilo Tons by the end of 2023, surging at a CAGR of 3.41% during the forecast period (2017-2023), ascertains the data experts from Market Research Future (MRFR). The report also states that U.S. is a prominent cheese producing country on a global level, alone contributing roughly 26% of market share in the total cheese production.
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Market Segmentation
The report mentions that the U.S. Cheese Market Growth is segmented on the basis of product type, source, application, as well as states.
Based on the product type, cheese has been categorized into Hispanic, feta, cheddar, mozzarella, other American cheeses, other Italian cheeses, Colby jack, Muenster, Monterey jack, cream cheese, cottage cheese, pepper jack, and others. Among these, mozzarella has gained immense popularity in the U.S cheese market with over 50% of the total market share. The augmented popularity of pizza and other Italian dishes that make use of mozzarella, paired with the strong preference for mozzarella string cheese consumed as a snack is noted to help the segment in keeping its lead well throughout the forecast period.
By source, the market is segmented on the basis of whole cow milk, skimmed cow milk, and others. Among these, skimmed cow milk held more than 80% of the total market in the country, on accounts of its extensive use in the cheese making process.
The types of cheese in U.S include aged fresh, soft white, fresh, semi-soft, hard, blue, flavored, and others.
The cheese in U.S. finds applications in cheese dips, cheese processing, fast food snacks, cheese spreads, bakery foods, processed foods, savory snacks, alcohol accompaniments, and others. Here, fast food snacks are presumed to attain an approximate 1,705-kilo tons by 2023, noting a CAGR of 4.46% during the forecast period (2017-2023).
Latest News
February 2019 – ALDI has launched a lineup of six different limited-edition cheeses which is individually named after a classic song from the 1980s. The names of the cheeses include Pour Some Gouda on Me, Sweet Cheddar of Mine, Girls Just Wanna Have Fontina, Total Eclipse of the Havarti and Wake Me Up Before You Goat Goat.
Growth Factors and Restraints
Cheese has sphingolipids and linoleic acid that are helpful in preventing cancer. In addition, vitamin B in cheese helps reduce blood pressure, provided the content of sodium is low. The preparation of cheese involves pasteurization, standardization, adding desired starter cultures, as well as other processes that results in the formation of its different varieties. Additionally, advancement in cheese processing, like the use of nanoliposomes in micro-encapsulation, leads to an increased level of vitamins and minerals in cheese.
The accelerated consumption of fast food items like pizza, pasta, and burger, in various quick service restaurants (QSRs) is the primary reason behind the lavish growth of the cheese market in U.S. Also, the longer shelf life of cheese products, coupled with the increasing demand for food products rich in protein content and strikingly high disposable income of people bolsters the market growth in the country.
But with the alarming obesity rates and the growing health consciousness among adults, the growth rate of the cheese market in U.S could slow down to some extent. On that note, cheese that have low-fat content is highly preferred by the local population. Also, manipulating the rheological & chemical properties of the cheese provides desirable characteristics along with a longer shelf life, factors which provide numerous growth opportunities to the market in the country.
Industry Trend
Trade analysis have noticed an increased consumption of natural cheese which is noted as a positive trend in the last couple of years. The growing consumption is primarily due to the health-related benefits like high protein content coupled with the cheese being an excellent source of minerals and various vitamins. This content reduces the risk of heart disease as well as osteoporosis.
Moreover, the growth in trend of ethnic food culture from various parts around the world further influences the natural cheese market in the U.S.
Regional Outlook
Focusing on the states in U.S, Wisconsin has managed to capture close to 30% of the total market in the country, and is poised to reach roughly 1900 kilotons by 2023. Wisconsin is considered one of the biggest cheese producing states in the country, and is closely trailed by California that will also note a substantial growth over the review period. Wisconsin is inundated with various market players along with numerous artisan cheese producers that encourage market growth, triggering an increase in demand for a variety of cheeses. Furthermore, mozzarella cheese is one of the most popular segments in the state. Wisconsin has also established itself as a producer of different types of American cheeses, a factor that plays a major role in elevating Wisconsin's position in the U.S cheese market.
Key Players
The leading companies competing in the U.S. cheese market are the Kraft Heinz Co., Associated Milk Producers Inc., Land O'Lakes, Incorporated, Dairiconcepts L.P, Leprino Foods Company, Dairy Farmers of America, Foremost Farms USA Cooperative,
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The U.S cheese market size 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 size is set to grow at a CAGR of 3.55% during the forecast period of 2017 to 2023.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.
On the basis of product type, cheeses have been segmented into fets, Hispanic, mozzarella, cheddar, other Italian cheeses, other American cheeses, Muenster, Colby jack, cream cheese, Monterey jack, pepper jack, cottage cheese, 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, the market is categorized into cheese processing, cheese dips, cheese spreads, fast food snacks, bakery foods, processed foods, savory snacks, alcohol accompaniments, and others.
Fast food snacks are projected to reach an approximate 1,705-kilo tons by 2023 and witness a CAGR of 4.46% during the forecast period.The region is analyzed and divided by states which include Wisconsin, California, New York, Idaho, New Mexico, Minnesota, and the Rest of U.S.Access Report @ https://www.marketresearchfuture.com/reports/u-s-cheese-market-2842Regional AnalysisWisconsin captures close to 30% of the market and is projected to reach around 1900 kilotons by 2023.
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.
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.Increasing demand and use of several yield increasing agricultural practices have led to increased milk production, which has been a major driver of the U.S cheese market.
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.Market Segmentation:MRFR's segmental analysis of the U.S cheese market is on the basis of product type, source, application, and states.
On the basis of product type, cheeses have been segmented into fets, Hispanic, mozzarella, cheddar, other Italian cheeses, other American cheeses, Muenster, Colby jack, cream cheese, Monterey jack, pepper jack, cottage cheese, and others.
The increasing popularity of pizza and other Italian dishes which use mozzarella, and the strong preference for mozzarella string cheese as a snack is expected to keep the segment in its leadership position over the forecast period.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, the market is categorized into cheese processing, cheese dips, cheese spreads, fast food snacks, bakery foods, processed foods, savory snacks, alcohol accompaniments, and others.
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Research Nester published a report titled “Meat Packaging Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers a detailed overview of the global meat packaging market in terms of market segmentation by material, packaging technology, meat type, and region.Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with a detailed discussion on current and future market trends that are associated with the growth of the market.The global meat packaging market is expected to garner a significant amount of revenue by growing at a moderate CAGR over the forecast period, i.e., 2021 – 2029, owing to the rising consumption of meats, mainly pork and beef, growing demand for attractive meat packaging and the improvement in storage units and transportation for frozen foods.
By material, the market is bifurcated into plastic and metal segments, out of which the plastic segment is projected to occupy the largest share in the meat packaging market over the forecast period on the back of preservation qualities of plastic films such as the ability to keep meat and other perishable products fresh for a longer time.
Based on packaging technology, the segment for modified atmosphere packaging is evaluated to grow at the highest rate in the future accounting for the longer shelf life and improved freshness of products packaged by this technique.Download Sample of This Strategic Report: https://www.researchnester.com/sample-request-72Geographically, the market is segmented into five regions, including, North America, Europe, Latin America, Asia Pacific, and the Middle East, and Africa.
Amongst these, the market in the Asia Pacific is expected to witness noteworthy growth during the forecast period as a result of rapid industrialization, increasing disposable income of the population, and rising demand for processed meat in the region, especially in Korea and China.Increase in Demand for Improved Packaging for Meats to Fuel Market GrowthAs the concerns regarding sustainable development and reduction of carbon footprint are gaining momentum over the last few years, there is a high demand for packaging solutions that reduce raw material consumption and minimize wastage.
This is boosting the production of flexible packaging that is recyclable and enhances the appearance of products as well, therefore driving the growth of the market in the coming years.However, increasing the cost of fresh meat products and shifting consumer preference towards vegan food are expected to operate as key restraints to the growth of the meat packaging market over the forecast period.“The Final Report will cover the impact analysis of COVID-19 on this industry.”Download/Request Sample Copy of Strategic Report: https://www.researchnester.com/sample-request-72This report also provides the existing competitive scenario of some of the key players of the global meat packaging market which includes company profiling of Berry Global Inc., Sealed Air Corporation (NYSE: SEE), Smurfit Kappa Group (LON: SKG), Amcor Group GmbH (NYSE: AMCR), Crown Holdings, Inc. (NYSE: CCK), Tetra Pak Group, Toyo Seikan Group Holdings, Ltd. (TYO: 5901), Silgan Holdings Inc. (NASDAQ: SLGN), Reynolds Group Ltd., WIN-PAK LTD. (TSE: WPK), and others.
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments.
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