Why cheese is leading growth of US dairy
Amid rising demand, manufacturers are responding with a wave of investment.
Cheese consumption in the US is at an all-time high of nearly 42lbs per person, according to US Department of Agriculture (USDA) data. For comparison, the average American consumed 32.2lbs of cheese in 2000 and 21.9lbs in 1980.
On the demand side, the International Dairy Deli Association (IDDA) estimates retail cheese sales will grow by an annual compound growth rate of around 4.5% between now and 2030.
Natural (cheese that isn’t processed), specialty (premium and higher-end cheeses) and private label (retailer-owned brands) are leading the sales growth charge.
According to data from industry research firm Circana, natural cheese enjoyed sales growth of 5% in 2023 and impressive unit sales growth of 1% (unit sales growth is difficult to achieve in times of high inflation).
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T.J. Watt
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