U.S. CHEESE MARKET 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
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U.S. CHEESE MARKET 2018 U.S. Cheese Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 U.S. is the major cheese producing country in the world which alone contribute around 26% of market share in world cheese production. U.S. Cheese market is projected to reach 6787 Kilo Tons by year 2023 with growth rate of 3.41% during the period 2017 to 2023. Wisconsin and California together holds more than 50% of market share in U.S. cheese production. Wisconsin state alone captures major market share of more than 28% in 2017 and it will grow at the rate of 3.55% during the forecast period as majority of cheese producing plants are located in Wisconsin and California. California will witness significant growth rate during 2017 to 2023 due to increasing milk production in California.
Mozzarella will continue to dominate the U.S. Cheese market with more than 50% of market share in 2017. Increasing popularity of pizza and other fast foods is creating huge demand of Mozzarella cheese which will result in faster growth of Mozzarella cheese compare to other cheese types. The production of Cheddar cheese will grow at CAGR of 3.43% during the forecast period. Advancement in manufacturing process and availability of raw material is supporting the growth of various types of cheese that includes Feta, Hispanic, Montery Jack and Cream cheese.
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U.S. CHEESE MARKET 2018
Intended Audience: •
U.S. Cheese Manufacturers
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U.S. Food Industry
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U.S. Milk Suppliers
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E-commerce
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Retailers and wholesalers
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Traders, importers and exporters
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U.S. CHEESE MARKET 2018 Regional Analysis Wisconsin is the major producer and exporter of cheese in the U.S. followed by California in 2017. U.S. cheese market in Wisconsin is growing at CAGR of 3.5% backed by increasing production of cheese and presence of production plant of key players in Wisconsin. California and Idaho are one of the fastest growing cheese producing states in the United States. The top five emerging states in cheese production are California, Idaho, Wisconsin, New York and New Mexico. The cheese production in U.S. is growing rapidly especially in states where availability of resources such as cow milk and goat milk is high. Expansion of production plants by key players in Wisconsin and California will boost the cheese production in upcoming years.
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U.S. CHEESE MARKET 2018 Application & Major Players in this Research: U.S. Cheese Market Prominent Players:
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Land O'Lakes, Inc.,
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Dairiconcepts L.P.,
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The Kraft Heinz Co.,
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Leprino Foods Company,
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Associated Milk Producers
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