Cheese - Americas | Statista Market Forecast

Cheese - Americas

Americas

Highlights

Revenue in the Cheese market amounts to US$60.92bn in 2024. The market is expected to grow annually by 5.70% (CAGR 2024-2029).
In global comparison, most revenue is generated United States (US$32bn in 2024).
In relation to total population figures, per person revenues of US$59.91 are generated in 2024.
In the Cheese market, volume is expected to amount to 6.32bn kg by 2029. The Cheese market is expected to show a volume growth of 1.8% in 2025.0.
The average volume per person in the Cheese market is expected to amount to 5.7kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Cheese market in the Dairy Products & Eggs Market within The Food market in the Americas is experiencing minimal growth due to various factors such as consumer preferences shifting towards healthier options and the impact of trade policies on export markets. Despite this, the convenience offered by online ordering and increasing health awareness among consumers are driving demand for digital cheese products.

Customer preferences: As health and wellness continue to be top priorities for consumers, there has been a significant rise in demand for plant-based and lactose-free cheese options in the Dairy Products & Eggs Market within The Food market. This trend is driven by the increasing number of individuals following vegetarian, vegan, or dairy-free diets, as well as the rise in lactose intolerance. As a result, manufacturers are now offering a wider variety of non-dairy cheese alternatives to cater to these evolving consumer preferences.

Trends in the market: In the Americas, the Cheese Market of the Dairy Products & Eggs Market within The Food market is experiencing a rise in demand for artisanal and locally-sourced cheeses. This trend is driven by consumer preferences for natural and high-quality products. Additionally, there is a growing trend of incorporating cheese into non-traditional dishes such as desserts and cocktails, creating new opportunities for industry players. These trends are expected to continue, with potential implications including increased competition and the need for innovation in product offerings.

Local special circumstances: In the Cheese Market of the Dairy Products & Eggs Market within The Food market, the demand for organic and artisanal cheese is on the rise in the Americas. This is due to the increasing health-consciousness and the growing trend towards sustainable and locally-sourced food products. In addition, the stringent regulations and certifications for cheese production in the US and Canada have led to a high-quality and safe market. In countries like Mexico and Brazil, the market is driven by the increasing demand for convenience and ready-to-eat cheese products, catering to the busy lifestyles of the urban population.

Underlying macroeconomic factors: The Cheese Market in the Dairy Products & Eggs Market within The Food market is greatly impacted by macroeconomic factors such as changing consumer preferences, increasing disposable income, and rising health consciousness. Countries with a strong and stable economy, such as the United States, are experiencing a higher demand for premium and organic cheese products. On the other hand, regions with economic instability and lower disposable income are witnessing a shift towards more affordable cheese options. Furthermore, government initiatives promoting dairy farming and technological advancements in cheese production are also contributing to market growth.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.