Cheese production in the US is projected to steadily increase from 14.38 billion pounds in 2024 to 15.32 billion pounds in 2028. Assuming production was 14.14 billion pounds in 2023, this indicates a consistent growth trend. Year-on-year variations are approximately 1.67% in 2024, 1.67% in 2025, 1.59% in 2026, 1.55% in 2027, and 1.52% in 2028. The compound annual growth rate (CAGR) over this period is approximately 1.58%.
Future trends to watch include:
- The impact of evolving consumer preferences toward plant-based and non-dairy options.
- Technological advancements in production methods, which could influence efficiency and sustainability.
- Potential trade policy changes affecting export opportunities for US cheese.
