The forecasted data for cheese production in the US from 2024 to 2028 show a steady increase in volume, with production expected to rise from 6.59 million metric tons in 2024 to 7.06 million metric tons in 2028. In 2023, the cheese production stood at 6.5 million metric tons.
Year-on-year variation percentages from 2024 to 2028 are as follows:
- 2025: 1.82% increase
- 2026: 1.79% increase
- 2027: 1.61% increase
- 2028: 1.73% increase
Over the last five years, the Compound Annual Growth Rate (CAGR) stands at approximately 1.67%, indicating a stable upward trend in cheese production in the US.
Future trends to watch for include demographic changes, shifts in consumer preferences towards plant-based alternatives, and potential impacts from trade policies and economic conditions. An increased focus on sustainable and organic production methods could also influence future growth and market dynamics in the cheese sector.