US Cheese Market Forecast Report 2020 – 2027 – Top Key Players Analysis


Posted August 19, 2020 by shaqibakram

The major key drivers contributing to the growth of the US cheese market size include the strong demand for protein-rich food and the growing popularity of quick-service restaurants (QSR) business in the country.

 
The primary objective of the market report by GMI Research is to help the users understand the market scenario in terms of its definition, segmentation, drivers, opportunities, market trends, and the challenges that the market is facing.

Key Drivers of the US Cheese Market:

The major key drivers contributing to the growth of the US cheese market size include the strong demand for protein-rich food and the growing popularity of quick-service restaurants (QSR) business in the country. Along with the evolution in lifestyle, fast food is being consumed by individuals from different age groups in the US. It has been observed that individuals within the age group between 20-40 years take a high amount of fast-food each day as compared to individuals above 40 years. The individuals between 20 years-40 years include youngsters and working people. Additionally, individuals with high disposable income are now looking for different fast food options. This is due to the rapid change in the lifestyle of people, which has encouraged the consumers to opt for fast food products to save their time and money. This factor is also responsible for the growth of the US Cheese market share in terms of revenue. Furthermore, the production of fast food is increasing rapidly, which is accelerating the consumer base. These food products are easy to take away, could be stored for a long time, and have a reasonable price range. In addition to this, the accelerating demand for fast foods such as pizza, pasta, burgers, and others require cheese, which improves the taste of food, will further drive the market’s demand.

The emergence of the COVID-19 has positively impacted the demand for cheese in the US. With the shortage of food products, the consumers are focusing on stockpiling the essential food products such as cheese to cope up with the scenario. This factor has led to an upsurge in demand for cheese all over the country. On the other edge of the spectrum, with the changing lifestyle, there has been an increase in the incidences of various diseases such as obesity, digestion issues, diabetes, heart failures, and others, which is encouraging them to opt for a healthy lifestyle. Thus, increasing health concerns among individuals is likely to hamper the growth of the market.

List of Top Leading Manufacturers/Key-Players of the US Cheese Market:

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

Segmentation of the US Cheese Market:

Thestudy’s objective is to define US Cheese market sizes of different segments in recent years and predict the values in the coming six years. The detailed segments and sub-segments of the market are explained below:

Segment by Source:

Cow Milk
o Whole Milk

o Skimmed Milk

Sheep Milk
Goat Milk
Buffalo Milk

Segment by Type:

Natural Cheese
o Hard Cheese

o Soft Cheese

Processed Cheese
o Spreadable Cheese

o Block Cheese

o Others

Segment by Product:

Mozzarella
Cheddar
Feta
Parmesan
Roquefort
Others

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to helping businesses stay ahead of the curve.

Visit us: https://www.gmiresearch.com/report/us-cheese-market/
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Last Updated August 19, 2020