Cheese production in North America has shown a steady increase from 2013 to 2023, with actual production rising from 5.81 million metric tons in 2013 to 7.40 million metric tons in 2023. Throughout this period, year-on-year variations have generally been positive, except for slight declines in 2020 and 2022. The compound annual growth rate (CAGR) was 2.05% in 2013 and hovered around 1.73% by 2023. Forecasts suggest continued growth with production expected to reach 8.02 million metric tons by 2028, indicating a projected 1.24% CAGR over the next five years and an overall growth rate of 6.35%.
Future trends to watch for include:
- Potential impacts of health trends and dietary shifts towards plant-based alternatives on cheese demand.
- Advancements in dairy technology and production processes that could further increase efficiency and output.
- Changing trade policies and international demand fluctuations affecting North American cheese exports.
- Environmental and sustainability initiatives influencing production practices and consumer preferences.
