Portland, OR, Aug. 13, 2020 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research,the U.S. cheese market generated $34.39 billion in 2019, and is estimated to reach $45.49 billion by 2027, registering a CAGR of 5.3% from 2020 to 2027.The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.
Surge in demand for protein rich food and growing number of quick service restaurants drive the growth of the U.S.cheese market.However,surging obesity rate restrains the market growth. Furthermore,growing consumption of fast food products due to fast paced life style is expected to provide new growth opportunities for the market player in near future.
In-depth analysis of the COVID-19 impact on the U.S.Cheese Market @ https://www.alliedmarketresearch.com/request-for-customization/4700?reqfor=covid
Covid-19 scenario:
- Bioactive protein of cheese helps improves the immune resistance of the body required to fight the novel corona virus. Due to this factor the demand for cheese has been surged during the Covid-19 pandemic outbreak.
- In addition, the change in eating habits of the consumers as they now prefer eating nutritious food, to boost the immune system have further increased the demand for cheese during the pandemic.
- However, the disruption in economic activities and closure of non-essential commercial establishments like restaurants, hotels, sweet shops, and bakeries declined the demand.
The report offers a detailed segmentation of the U.S.cheese market based on type and distribution channel.
Download Sample Copy Of Report@ https://www.alliedmarketresearch.com/request-sample/4700
Based on type, the cheddar segment contributed to the largest share in 2019, accounting for nearly one-third of the total share, and is estimated to maintain its dominant position during the forecast period. However, the mascarpone segment is estimated to portray the highest CAGR of 12.7% during the forecast period.
Based on distribution channel, the retail distribution segment accounted for the largest share in 2019, holding more than three-fifths of the total share, and is expected to maintain the largest share throughout the forecast period. However,the club segment is expected to register the highest CAGR of 7.2% from 2020 to 2027.
Send Me Purchase Enquire@ https://www.alliedmarketresearch.com/purchase-enquiry/4700
Leading market players analyzed in the research include Associated Milk Products Inc., Arla Foods, Bletsoe Cheese, The Bel Group, Royal Frieslandcampina N.V, Fonterra Co-operative Food, Lactalis Group,The Kraft Heinz Company,Saputo Cheese USA Inc, and Old Fashioned Cheese Inc.
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.