DUBLIN — Research and Markets has announced the addition of the "Cheese: Natural and Specialty Cheese in the U.S. and Global Markets, 5th Edition" report to their offering.
Total U.S. retail sales of natural and specialty cheeses were $15.7 billion in 2013. The overall market is mature, with sales growing by a CAGR of only 3% since 2009. The recession took a toll on cheese volume sales, as did higher pricing in some years, which drove some of the market dollar growth posted.
Nonetheless, key segments of the cheese market will continue their momentum. Growth will be driven by Americans' enduring love for the product, and the continued promotion of cheese as fundamentally nutritious and good tasting, despite its high fat content. Consumers are being educated to the fact that cheese is a good source of calcium, protein, and other nutrients–information to which they are very receptive, given their love of cheese. Moreover, with snacks representing 50% of all eating occasions, natural cheese is perfectly positioned to grab more share of this market.
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