U.S. Cheese Market: Consumption Growth Buoyed By Record Output Figures

Dairy Products September 28, 2017
U.S. Cheese Market. Analysis And Forecast to 2025

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Abstract
Description
Table of Contents

Photo: © R.Babakin / Bigstockphoto

The U.S. cheese market is sizeable, recording strong performance figures. According to market research conducted by IndexBox, U.S. cheese consumption increased steadily over the last nine years, amounting to XXX million tonnes in 2016. In wholesale prices, the U.S. cheese market amounted to XXX billion USD in 2016, which remained almost unchanged against the level of 2015. This figure reflects total revenue of cheese producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Domestic cheese producers enjoy approx. XXX% of the total market value, leaving only XXX% for imported products. Given a sustainable trend pattern of the output growth in physical terms, the market value fluctuated mildly from 2007 to 2016 due to producer prices variation.

As for U.S. cheese imports, the imports value totaled a tangible figure of XXX billion USD in 2016, falling for the first time over the past five year period. In physical terms, imports surged by XXX% in 2016 to XXX thousand tonnes, with growth figure of XXX% from the previous year. Despite the large volume of imports, its share in consumption did not exceed XXX% in value terms and XXX% in physical terms, and it is not likely to increase significantly. Due to such low trade intensity, import should not be regarded as a strong factor influencing U.S. market dynamics in the medium term. The well-developed cheese industry and the high competitiveness of U.S. enterprises enable local manufacturers to almost entirely meet domestic demand.

The U.S. exported XXX billion USD of cheese in 2016, but this figure declined over the last two years. Exports observed an upward trend from 2007 to 2014, but this trend conceded to a XXX% decline in 2015, slumping further with a XXX% fall in 2016. In physical terms, the trend pattern was the same: exports dropped to XXX thousand tonnes, a  decrease of XXX% against the previous year and XXX% less than the peak exports figure recorded in 2014.

In 2016, the main destinations for U.S. cheese exports were Mexico (XXX%, based on tonnes), South Korea (XXX%), Japan (XXX%), Australia (XXX%) and Canada (XXX%). Exports to all of these countries experienced a positive dynamic from 2007 to 2016. The share exported to Korea (+XXX percentage points) and Australia (+XXX percentage points) increased, while the share sent to Canada (-XXX percentage points) and Mexico (-XXX percentage points) contracted. The shares of the other countries remained relatively stable throughout the analyzed period. 

Strong U.S. cheese output figures also help to drive domestic cheese consumption, as the share of imports in consumption is almost negligible. Over the past nine year period, U.S. cheese production has started to surge, peaking in 2016. Robust competition on an already saturated cheese market is helping to generate the emergence of different cheese types and varieties; these often boast a unique flavour and a range of added additional textures, as well as frequently featuring farm-based 'environmentally-friendly' products.

In 2016, Italian-type cheese represented the major share of U.S. cheese production (XXX%), followed by American-type cheese (XXX%). Italian-type cheeses continue to account for a growing percentage of total U.S. cheese production. The U.S. production of these cheese types totaled a record figure of XXX million tonnes in 2016, which was XXX% (or XXX thousand tonnes) more than the year before.

Among the Italian cheese types, Mozzarella production was the largest, with XXX million tonnes, or XXX% of the total Italian cheese output. Hard Provolone and Parmesan each accounted for XXX% of total Italian cheese output, followed by Ricotta and similars (XXX%).

The most notable growth of production in terms of Italian style cheeses was recorded in Parmesan production, from XXX thousand tonnes in 2007, to XXX thousand tonnes in 2016. Mozzarella and Hard Provolone cheese also illustrated a positive dynamic, growing by +XXX% and +XXX%, respectively over the last nine years.

Although American-type cheeses still account for a declining percentage of total U.S. cheese production, the production of these cheese types broke another record last year. In 2016, the production of American-type cheeses amounted to XXX million tonnes, XXX% more than in 2015. American-type cheeses include such famous cheese varieties as Cheddar, Colby and Monterey Jack. Cheddar cheese production is the largest within the American cheese category. In 2016, the production of this cheese type stood at XXX million tonnes, which amounted to XXX% in terms of the American-type cheeses.

Rising cheese consumption has been aided by a wider variety of cheeses being readily available, increased away-from-home eating, and ethnic cuisines that employ cheese as a major ingredient now becoming more popular. The increasing popularity for artisanal cheeses and advertising of different varieties of cheese from retailers and cheese producers will also result in an increase in sales; this also applies to the specialty cheese category. On the other hand, due to the fact that cheese is a well-known food item, there is currently no reason to expect any dramatic shifts in consumption patterns.

Cheese is also prominently used as both a component and ingredient in fast-food products (pizza, sandwiches, hamburgers and pasta), which are all highly popular in the U.S. As disposable household income figures continue to rise, the consumption of food in various public catering establishments, such as restaurants, is increasing, thereby implying that U.S. cheese consumption will continue to grow.

Do you want to know more about the U.S. cheese market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • cheese market share
  • cheese prices
  • cheese industry
  • cheese sales
  • cheese market forecast
  • cheese price forecast
  • key cheese producers

Source: U.S. Cheese Market. Analysis And Forecast

Product coverage:
Natural cheese (cheddar, Swiss, Italian, brick, cream, grated, dried, etc.), excluding cottage cheese; Process cheese and related products; Cheese substitutes and imitations; Raw liquid whey; Cheese manufacturing, nsk, total

The report provides on a comprehensive survey of the U.S. cheese market. It indicates the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains existing data on the largest players in the industry.

Countries coverage: the U.S.

Companies mentioned:
Mondelez International,
Schreiber Foods,
Sargento Foods,
Hilmar Cheese Company,
Leprino Foods Company,
Saputo Cheese USA,
Lactalis American Group,
Foremost Farms USA Cooperative,
Conagra Dairy Foods Company,
Marathon Cheese Corporation,
Bel Brands Usa,
Gehl Foods,
Cabot Creamery Cooperative,
Dairiconcepts,
Tillamook County Creamery Association,
Tropical Cheese Industries,
Marquez Brothers International,
Arthur Schuman, Agropur,
Gossner Foods, Glanbia,
Brewster Cheese Company,
Grande Cheese Company,
Belgioioso Cheese,
Saputo Cheese USA,
Zausner Foods Corp,
Rcs Acquisition,
Mondelez Global

Data coverage:
• Cheese market size;
• Cheese production, value of shipments;
• Key market players and their profiles;
• Exports, imports and trade balance;
• Import and export prices;
• Forecast of the market dynamics in the medium term;
• Key industry statistics;
• Life cycle of the cheese industry;
• Number of establishments and their locations;
• Employment data;
• Cheese industry productivity.

Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues

1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
MAKING DATA-DRIVEN DECISIONS TO GROW YOUR BUSINESS
1.1 REPORT DESCRIPTION
1.2 RESEARCH METHODOLOGY AND AI PLATFORM
1.3 DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4 GLOSSARY AND SPECIFIC TERMS

2. EXECUTIVE SUMMARY
A QUICK OVERVIEW OF MARKET PERFORMANCE
2.1 KEY FINDINGS
2.2 MARKET TRENDS

3. MARKET OVERVIEW
UNDERSTANDING THE CURRENT STATE OF THE MARKET AND ITS PROSPECTS
3.1 MARKET SIZE
3.2 MARKET STRUCTURE
3.3 TRADE BALANCE
3.4 PER CAPITA CONSUMPTION
3.5 MARKET FORECAST TO 2025

4. MOST PROMISING PRODUCTS
FINDING NEW PRODUCTS TO DIVERSIFY YOUR BUSINESS
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
4.1 TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2 BEST-SELLING PRODUCTS WORLDWIDE
4.3 MOST CONSUMED PRODUCT WORLDWIDE
4.4 MOST TRADED PRODUCT
4.5 MOST PROFITABLE PRODUCT FOR EXPORT

5. MOST PROMISING SUPPLYING COUNTRIES
CHOOSING THE BEST COUNTRIES TO ESTABLISH YOUR SUSTAINABLE SUPPLY CHAIN
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
5.1 TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2 TOP PRODUCING COUNTRIES
5.3 TOP EXPORTING COUNTRIES
5.4 LOW-COST EXPORTING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS
CHOOSING THE BEST COUNTRIES TO BOOST YOUR EXPORTS
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
6.1 TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2 TOP CONSUMING MARKETS
6.3 UNSATURATED MARKETS
6.4 TOP IMPORTING MARKETS
6.5 MOST PROFITABLE MARKETS

7. PRODUCTION
THE LATEST TRENDS AND INSIGHTS INTO THE INDUSTRY
7.1 PRODUCTION VOLUME AND VALUE

8. IMPORTS
THE LARGEST IMPORTERS ON THE MARKET AND HOW THEY SUCCEED
8.1 IMPORTS FROM 2007–2017
8.2 IMPORTS BY COUNTRY
8.3 IMPORT PRICES BY COUNTRY

9. EXPORTS
THE LARGEST EXPORTERS ON THE MARKET AND HOW THEY SUCCEED
9.1 EXPORTS FROM 2007–2017
9.2 EXPORTS BY COUNTRY
9.3 EXPORT PRICES BY COUNTRY

10. PROFILES OF MAJOR PRODUCERS
THE LARGEST PRODUCERS ON THE MARKET AND THEIR PROFILES
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION

LIST OF TABLES
Table 1: Key Findings In 2017
Table 2: Market Volume, In Physical Terms, 2007–2017
Table 3: Market Value, 2007–2017
Table 4: Per Capita Consumption In 2007-2017
Table 5: Imports, In Physical Terms, By Country, 2007–2017
Table 6: Imports, In Value Terms, By Country, 2007–2017
Table 7: Import Prices, By Country Of Origin, 2007–2017
Table 8: Exports, In Physical Terms, By Country, 2007–2017
Table 9: Exports, In Value Terms, By Country, 2007–2017
Table 10: Export Prices, By Country Of Destination, 2007–2017

LIST OF FIGURES
Figure 1: Market Volume, In Physical Terms, 2007–2017
Figure 2: Market Value, 2007–2017
Figure 3: Market Structure – Domestic Supply Vs. Imports, In Physical Terms, 2007-2017
Figure 4: Market Structure – Domestic Supply Vs. Imports, In Value Terms, 2007-2017
Figure 5: Trade Balance, In Physical Terms, 2007-2017
Figure 6: Trade Balance, In Value Terms, 2007-2017
Figure 7: Per Capita Consumption, 2007-2017
Figure 8: Market Forecast To 2025
Figure 9: Products: Market Size And Growth, By Type
Figure 10: Products: Average Per Capita Consumption, By Type
Figure 11: Products: Exports And Growth, By Type
Figure 12: Products: Export Prices And Growth, By Type
Figure 13: Production Volume And Growth
Figure 14: Exports And Growth
Figure 15: Export Prices And Growth
Figure 16: Market Size And Growth
Figure 17: Per Capita Consumption
Figure 18: Imports And Growth
Figure 19: Import Prices
Figure 20: Production, In Physical Terms, 2007–2017
Figure 21: Production, In Value Terms, 2007–2017
Figure 22: Imports, In Physical Terms, 2007–2017
Figure 23: Imports, In Value Terms, 2007–2017
Figure 24: Imports, In Physical Terms, By Country, 2017
Figure 25: Imports, In Physical Terms, By Country, 2007–2017
Figure 26: Imports, In Value Terms, By Country, 2007–2017
Figure 27: Import Prices, By Country Of Origin, 2007–2017
Figure 28: Exports, In Physical Terms, 2007–2017
Figure 29: Exports, In Value Terms, 2007–2017
Figure 30: Exports, In Physical Terms, By Country, 2017
Figure 31: Exports, In Physical Terms, By Country, 2007–2017
Figure 32: Exports, In Value Terms, By Country, 2007–2017
Figure 33: Export Prices, By Country Of Destination, 2007–2017