In 2023, whole and part-skim milk cheese consumption in the US was at 39.55 pounds per capita. The forecast indicates a steady growth in consumption from 2024 to 2028, with values rising from 39.92 pounds to 41.44 pounds per capita. Year-on-year growth rates suggest a consistent increase, with negligible fluctuations in growth percentage. Over this five-year period, the compound annual growth rate (CAGR) reflects a stable upward trend.
Key future trends to watch for include:
- A shift towards plant-based cheese alternatives due to rising health and environmental awareness.
- Innovations in cheese production and variety that may influence consumer preferences.
- Economic factors, such as changes in dairy pricing and income levels, impacting consumption patterns.